A recent report by SmarTech Publishing predicts that 3D printing will have generated a combined $1.1 billion in the automotive industry by 2019.
Read more: Motor Trends: Additive Manufacturing Drives Production of Race-Ready Cars
SmarTech bases the conclusion on its belief that the automotive industry is experiencing a growth in the utilization of 3D printing, fueled by various key trends. Those trends within the industry include record print volumes for 3D printed prototype parts, a positive shift in 3D printing adoption toward higher value applications, and more experimentation with the utilization of 3D printing technology for the production of tooling and other parts in order to improve manufacturing procedures. The report is based on the new opportunities that will be created over the next decade for 3D printing in the automotive industry.
Additive Manufacturing Opportunities in the Automotive Industry: A Ten-Year Forecast
