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Automotive Additive Manufacturing Market: By Material Type, By Component Type, By Vehicle Type and Geography
Automotive Additive Manufacturing Market: By Material Type, By Component Type, By Vehicle Type and Geography
Automotive Additive Manufacturing Market size was valued at US$ 8.28 billion in 2024, growing at a CAGR of 8.2% from 2024 to 2030. The global market provides a detailed overview of the global Market, and that can be segmented by Material Type, by Component Type. By Material Type, the market has been segmented into Polymers, Ceramics, Metals, and Others. The metal segment is likely to be the largest and fastest-growing segment in terms of material type. Based on Component Type, the global Automotive Additive Manufacturing Market is segmented into Engine Parts, Battery Housings, Cooling Systems, Lightweight Hinges and brackets, Heat Exchangers, Gears, Wheels and Suspensions, and Others. Among these, the engine parts segment is expected to have the fastest-growing market during the forecast period. Based on Vehicle, the global Automotive Additive Manufacturing Market is segmented into Passenger Cars, Trucks, LCVs, Buses, Motorcycles / Off-road, and Others. The cars segment accounts for the largest share in 2021. Trucks segment is the second-largest share during the forecast period.
Study Period
2024-2030Base Year
2023CAGR
8.2%Largest Market
Asia PacificFastest Growing Market
North America
Drivers: Technological development, rising demand for affordable goods, and rising government financial support burgeon the Automotive Additive Manufacturing market growth over the forecast years.
By region, Europe is expected to witness the highest market share during the forecast period as a result of increased capital investment, high disposable income, affordable manufacturing costs, fast product development, and a less fierce competitive environment.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market CAGR |
8.2% |
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By Material Type |
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By Component Type |
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By Vehicle Type |
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The global Automotive Additive Manufacturing Market size is valued at US$ 8.28 bn in 2023
The automotive additive manufacturing market key players are: 3D Systems, INC. Exone Company EOS GmbH EnvisionTEC GmbH Materialise NV Stratasys Ltd Mcor Technologies LTD. Optomec Inc. GE Company SLM Solutions
The automotive additive manufacturing market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Automotive Additive Manufacturing Market Introduction |
| 2.1. Global Automotive Additive Manufacturing Market Taxonomy |
| 2.2. Global Automotive Additive Manufacturing Market Definitions |
| 2.2.1. Material Type |
| 2.2.2. Component Type |
| 2.2.3. Vehicle Type |
| 2.2.4. Region |
| 3. Global Automotive Additive Manufacturing Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Current Trends |
| 3.5. Global Automotive Additive Manufacturing Market Dynamic Factors - Impact Analysis |
| 3.6. Mergers, Acquisitions, and Collaborations |
| 4. Global Automotive Additive Manufacturing Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Automotive Additive Manufacturing Market, By Material Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. Polymers |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Metals |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Ceramics |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Global Automotive Additive Manufacturing Market, By Component Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1. Engine Parts |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Battery Housings |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Cooling Systems |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Lightweight Hinges & Brackets |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Heat Exchangers |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Gears |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Wheels and Suspensions |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Others |
| 6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 7. Market Opportunity Analysis Global Automotive Additive Manufacturing Market, By Vehicle Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1. Passenger Cars |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Trucks |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. LCV |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Buses |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Motorcycles / Off-road |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Others |
| 7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 8. Global Automotive Additive Manufacturing Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. LATIN AMERICA |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Automotive Additive Manufacturing Market - Opportunity Analysis Index, By Material Type, Component Type, Vehicle Type, and Country, 2024 - 2030 |
| 9. North America Automotive Additive Manufacturing Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Polymers |
| 9.1.2. Metals |
| 9.1.3. Ceramics |
| 9.1.4. Others |
| 9.2. Component Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Engine Parts |
| 9.2.2. Battery Housings |
| 9.2.3. Cooling Systems |
| 9.2.4. Lightweight Hinges & Brackets |
| 9.2.5. Heat Exchangers |
| 9.2.6. Gears |
| 9.2.7. Wheels and Suspensions |
| 9.2.8. Others |
| 9.3. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1. Passenger Cars |
| 9.3.2. Trucks |
| 9.3.3. LCV |
| 9.3.4. Buses |
| 9.3.5. Motorcycles / Off-road |
| 9.3.6. Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1. United States |
| 9.4.2. Canada |
| 9.5. North America Automotive Additive Manufacturing Market - Opportunity Analysis Index, By Material Type, Component Type, Vehicle Type, 2017-2028 |
| 9.6. North America Automotive Additive Manufacturing Market Dynamics Trends |
| 10. Europe Automotive Additive Manufacturing Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Polymers |
| 10.1.2. Metals |
| 10.1.3. Ceramics |
| 10.1.4. Others |
| 10.2. Component Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Engine Parts |
| 10.2.2. Battery Housings |
| 10.2.3. Cooling Systems |
| 10.2.4. Lightweight Hinges & Brackets |
| 10.2.5. Heat Exchangers |
| 10.2.6. Gears |
| 10.2.7. Wheels and Suspensions |
| 10.2.8. Others |
| 10.3. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1. Passenger Cars |
| 10.3.2. Trucks |
| 10.3.3. LCV |
| 10.3.4. Buses |
| 10.3.5. Motorcycles / Off-road |
| 10.3.6. Others |
| 10.4. Country Level Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1. UK |
| 10.4.2. Germany |
| 10.4.3. France |
| 10.4.4. Italy |
| 10.4.5. Spain |
| 10.4.6. Rest of Europe |
| 10.5. Europe Automotive Additive Manufacturing Market - Opportunity Analysis Index, By Material Type, Component Type, Vehicle Type, 2017-2028 |
| 10.6. Europe Automotive Additive Manufacturing Market Dynamics Trends |
| 11. Asia Pacific Automotive Additive Manufacturing Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Polymers |
| 11.1.2. Metals |
| 11.1.3. Ceramics |
| 11.1.4. Others |
| 11.2. Component Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Engine Parts |
| 11.2.2. Battery Housings |
| 11.2.3. Cooling Systems |
| 11.2.4. Lightweight Hinges & Brackets |
| 11.2.5. Heat Exchangers |
| 11.2.6. Gears |
| 11.2.7. Wheels and Suspensions |
| 11.2.8. Others |
| 11.3. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1. Passenger Cars |
| 11.3.2. Trucks |
| 11.3.3. LCV |
| 11.3.4. Buses |
| 11.3.5. Motorcycles / Off-road |
| 11.3.6. Others |
| 11.4. Country Level Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1. China |
| 11.4.2. India |
| 11.4.3. ANZ |
| 11.4.4. Japan |
| 11.4.5. Rest of APAC |
| 11.5. Asia Pacific Automotive Additive Manufacturing Market - Opportunity Analysis Index, By Material Type, Component Type, Vehicle Type, 2017-2028 |
| 11.6. Asia Pacific Automotive Additive Manufacturing Market Dynamics Trends |
| 12. Latin America Automotive Additive Manufacturing Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Polymers |
| 12.1.2. Metals |
| 12.1.3. Ceramics |
| 12.1.4. Others |
| 12.2. Component Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Engine Parts |
| 12.2.2. Battery Housings |
| 12.2.3. Cooling Systems |
| 12.2.4. Lightweight Hinges & Brackets |
| 12.2.5. Heat Exchangers |
| 12.2.6. Gears |
| 12.2.7. Wheels and Suspensions |
| 12.2.8. Others |
| 12.3. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1. Passenger Cars |
| 12.3.2. Trucks |
| 12.3.3. LCV |
| 12.3.4. Buses |
| 12.3.5. Motorcycles / Off-road |
| 12.3.6. Others |
| 12.4. Country Level Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1. GCC Countries |
| 12.4.2. South Africa |
| 12.4.3. Rest of LATIN AMERICA |
| 12.5. Latin America Automotive Additive Manufacturing Market - Opportunity Analysis Index, By Material Type, Component Type, Vehicle Type, 2017-2028 |
| 12.6. Latin America Automotive Additive Manufacturing Market Dynamics Trends |
| 13. Middle East and Africa Automotive Additive Manufacturing Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 13.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Polymers |
| 13.1.2. Metals |
| 13.1.3. Ceramics |
| 13.1.4. Others |
| 13.2. Component Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1. Engine Parts |
| 13.2.2. Battery Housings |
| 13.2.3. Cooling Systems |
| 13.2.4. Lightweight Hinges & Brackets |
| 13.2.5. Heat Exchangers |
| 13.2.6. Gears |
| 13.2.7. Wheels and Suspensions |
| 13.2.8. Others |
| 13.3. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1. Passenger Cars |
| 13.3.2. Trucks |
| 13.3.3. LCV |
| 13.3.4. Buses |
| 13.3.5. Motorcycles / Off-road |
| 13.3.6. Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1. Brazil |
| 13.4.2. Mexico |
| 13.4.3. Argentina |
| 13.4.4. Rest of LA |
| 13.5. Middle East and Africa Automotive Additive Manufacturing Market - Opportunity Analysis Index, By Material Type, Component Type, Vehicle Type, 2017-2028 |
| 13.6. Middle East and Africa Automotive Additive Manufacturing Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Product Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. 3D Systems, INC. |
| 14.2.2. Exone Company |
| 14.2.3. EOS GmbH |
| 14.2.4. EnvisionTEC GmbH |
| 14.2.5. Materialise NV |
| 14.2.6. Stratasys Ltd |
| 14.2.7. Mcor Technologies LTD. |
| 14.2.8. Optomec Inc. |
| 14.2.9. GE Company |
| 14.2.10. SLM Solutions |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.