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Automotive Additive Manufacturing Market: Global Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

Automotive Additive Manufacturing Market: Global Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Automotive Additive Manufacturing Market: By Material Type (Polymers, Ceramics, Metals, Others), By Component Type (Engine Parts, Battery Housings, Cooling Systems, Lightweight Hinges & Brackets, Heat Exchangers, Gears, Wheels and Suspensions, Others), By Vehicle Type (Passenger Cars, Trucks, LCV, Buses, Motorcycles / Off-road, Others) and Geography

 

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Report

Description

Automotive Additive Manufacturing Market size was valued at USD 7.78 billion in 2021, growing at a CAGR of 7.4% during the forecast period 2022 to 2028. 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, 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 & Brackets, Heat Exchangers, Gears, Wheels and Suspensions, Others. Among these, the engine parts segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on Vehicle, the global Automotive Additive Manufacturing Market is segmented into Passenger Cars, Trucks, LCV, Buses, Motorcycles / Off-road, Others. The cars segment accounts for the largest share in 2021. Trucks segment is the second-largest share during the forecast period 2022-2028.

 

Key Development:

In August 2022, Stratasys intends to acquire the additive manufacturing division of Covestro.

Automotive Additive Manufacturing Market

MARKET SUMMARY
-
7.4%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR–  7.4%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Automotive Additive Manufacturing Market

  • Automotive Additive Manufacturing Market at significant CAGR over 2022 to 2028 due to growing scope of packaging in various products
  • Based on type, epoxy thermoset segment accounted for larger market revenue share in 2019 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global Packaging Coatings market
Key Players
  • 3D Systems, INC.
  • Exone Company
  • EOS GmbH
  • EnvisionTEC GmbH
  • Materialise NV
  • Stratasys Ltd
Drivers And Restraints Automotive Additive Manufacturing Market

Drivers: Technological development, rising demand for affordable goods, and rising government financial support burgeon the Automotive Additive Manufacturing market growth over the forecast years.

Europe Got Significant Share

Automotive Additive Manufacturing Market

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
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Automotive Additive Manufacturing Market Segmentation

segmentation-block-image

By Material Type

    • Polymers,
    • Ceramics,
    • Metals,
    • Others
segmentation-block-image

By Component Type

    • Engine Parts, Battery Housings,
    • Cooling Systems,
    • Lightweight Hinges & Brackets,
    • Heat Exchangers,
    • Gears, Wheels
    • Suspensions,
    • Others
segmentation-block-image

By Vehicle Type

    • Passenger Cars,
    • Trucks, LCVs,
    • Buses, Motorcycles / Off-road,
    • Others
Location

GEOGRAPHY

Frequently Asked Questions

The fastest-growing segment of the global market is metal as it is convenient and easy to use for creating engines, spare parts, and other interior and export parts.

 

The global Automotive Additive Manufacturing Market size is valued at USD 6,501.9 Mn in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028

 

 

 

The key market players are Ultimaker, Arcam AB, Stratasys, Proto Labs Inc., Materialise, ExOne GmbH, SLM Solutions, 3D Systems, Concept Laser, and EOS GmbH, among others.

Report

Table Of Content

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, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Polymers
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1. Engine Parts
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1. Passenger Cars
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2022 – 2028
9. North America Automotive Additive Manufacturing Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
13.1. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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
Report

Company Profile

  • 3D Systems, INC.
  • Exone Company
  • EOS GmbH
  • EnvisionTEC GmbH
  • Materialise NV
  • Stratasys Ltd
  • Mcor Technologies LTD.
  • Optomec Inc.
  • GE Company
  • SLM Solutions

Description

Automotive Additive Manufacturing Market size was valued at USD 7.78 billion in 2021, growing at a CAGR of 7.4% during the forecast period 2022 to 2028. 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, 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 & Brackets, Heat Exchangers, Gears, Wheels and Suspensions, Others. Among these, the engine parts segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on Vehicle, the global Automotive Additive Manufacturing Market is segmented into Passenger Cars, Trucks, LCV, Buses, Motorcycles / Off-road, Others. The cars segment accounts for the largest share in 2021. Trucks segment is the second-largest share during the forecast period 2022-2028.

 

Key Development:

In August 2022, Stratasys intends to acquire the additive manufacturing division of Covestro.

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