The report opens with an introduction to the entire market along with key benefits, key segments, and different research methods applied to formulate this study. The market overview gives an insight into market definition and scope, the evolution from conventional to 3D printing technology, key findings, Porter’s Five Force model, value chain analysis and market dynamics such as drivers, opportunities, and restraints.
Portland, OR -- (SBWIRE) -- 08/17/2017 -- Allied Market Research lately published a report on Automotive 3D Printing Market for the forecast period of 2015–2022. The current market is expected to accrue $2,391 million by 2022 from its former valuation of $621 million in 2015. A compound annual growth rate is registered at 21.8% in the forecast period. Updated technological upgrades are boosting performance in various segments such as military, medical, aerospace, manufacturing, and automotive sector. The high revenue boost can be credited to the demand from the various sectors to manufacturing complex accessories and parts.
Porter's Five Force model stresses on the detailed aspects of bargaining power of suppliers and buyers, manufacturing quality, the threat of substitutes, the presence of global market players, and competitive scenario. Factors such as efficient use of raw materials, use of varied materials for printing, reduction of human errors, reduction in the cost of production, efficient logistics management, and product customization have been identified as the drivers. Opportunities include delivering innovation opportunities, competitive advantage, and restraints include the high cost of 3D printing software, lack of skilled labor and channel partner assistance have also been highlighted.
The 3D printing market has been segmented on the basis of component, type, material, and market. Detailed analysis has been made on topics of market segment, growth and opportunities, competitive environment, and market size and forecast for each of the market divisions. Geographical dissections include regions from North America, Asia-Pacific, Europe, and LAMEA. The key market trends, size and forecast, growth factors and opportunities have been outlined for all the geographical regions mentioned.
The key market players profiled in this report are 3D Systems Inc, Autodesk Inc, Arcam Ab, Stratasys Ltd, The ExOne Company, Hoganas AB, Optomec, Ponoko Limited, Voxeljet AG, and EnvisionTEC Inc. Topics such as SWOT analysis, company overview, business performance including financial gains, and strategic moves and developments are also mentioned in this comprehensive report for each of the market leaders.
This comprehensive study has been compiled keeping in mind the various investors and key players that will benefit from the information. Outlined with precision, the qualitative and quantitative analysis will give a deep insight on various potential markets along with strategies adopted by other key players. The important facts and figures will help investors determine the incoming revenue in the coming decade.
Key Points from Automotive 3D Printing Market:
- The study provides the current and future trends that will help investors and stake holders make important investment decisions.
- The forecast period of 2015–2022 is registering a CAGR of 21.8%.
- Porter's Five Force model and SWOT analysis highlight the competitive environment and various growth strategies adopted by the global leaders.
- Value chain analysis provides a clear understanding of the roles of different stakeholders.
- The geographic analysis sheds a light on the potential market and the markets that will see a boost in the forecast period.
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