The world's largest car manufacture revealed
plans to start using HP metal printing technology to manufacture select parts
including gear knobs and custom tailgate lettering within two to three years.
Germany: VW plans to use 3D printing
for mass production. The 3D printing revolution has effectively touched automobiles
in a huge number of ways, yet Volkswagen is intending to make the biggest
stride yet, large scale manufacturing of parts. We've seen 3D printers deliver
produce calipers, door sills and even entire cars, however it's dependably been
for constrained creation purposes. VW is trying to change that, and its
gratitude to HP's new $400,000 metal stream 3D printer.
The
company’s head of technology planning & development said that a complete
vehicle will probably not be manufactured by a 3D printer any time soon, but
the number and size of parts from the 3D printer will increase significantly.
3D printing isn't
inconceivable in car manufacturing, yet it has so far been utilized for models
and individual segments. The typical Volkswagen is built using up to 8,000
parts.
Volkswagen has already 90 3D
printers in its manufacturing plants that the company are using to make
replacements for rare parts.
But the manufacturer said the
new technology will allow for even "highly stressed" parts like
pistons to be printed. The printer spits out layer upon layer of material until
they are baked into a single piece.
According to TechSci Research, the move will open
enormous potential for the 3D Printing Automotive market globally despite
having a few hiccups. TechSci Research predicts that the growing focus of
leading OEMs on technology and rising concerns regarding the quick and easy
manufacturing of the vehicle will drive the global 3D printing in the coming
years. Moreover, the major factors contributing to the growth of the market are
growing technological advancements, growing demand for reduction of cost &
time in product development and increasing need to manufacture complex designs
within a short span of time. Furthermore, the increased demand for 3D printing
technology will drive the demand for 3D Printers across the globe.
According to the recently
published report by TechSci Research, “Global
3D Printing Automotive Market, By Material (Metals, Polymer and
Others), By Technology (Stereolithography, Fused Disposition Modelling,
Selective Laser Sintering, Laminated Object Manufacturing, Three Dimensional
Inject Printing and Others), By Application (Prototyping & Tooling,
Manufacturing Complex Components, Research, Development & Innovation and
Others), By Company and By Geography, Forecast & Opportunities, 2023,”, Global 3D Printing Automotive
Market is projected to reach USD 1.62 Billion by 2023, at a CAGR of over 26%
during 2018-2023. The major factors contributing to the growth of the market
are growing technological advancements, growing demand for reduction of cost
& time in product development and increasing need to manufacture complex
designs within a short span of time. Based on material, the market has been
segmented into Metals, Polymer and Others. In 2017, the Polymers segment
dominated the market and it is estimated that metals segment will dominate the
3D Printing Automotive Market during 2018-2023. The 3D printing automotive
market is dominated by players, such as 3D Systems, Optome, ExOne, Stratasys
and Arcam among others. The North American region dominated the 3D printing
(3DP) automotive market in 2017 and is estimated to maintain its dominance
during 2018-2023 due to increasing investments in research & developments
in countries like United States and Canada.
According to the recently
published report by TechSci Research, “Global
3D Printers Market Forecast and Opportunities, 2020”, global 3D printers’ market is
estimated to grow at a CAGR of over 31% through 2020. In 2014, North America
and Europe dominated global market for 3D printers, because of significant
adoption of personal as well as industrial & metal 3D printers. United
States and Germany in particular, witnessed significant increase in adoption of
3D printers across a wide range of industries. Countries such as the
Netherlands, Russia, and Italy are other leading markets for 3D printers.
Several technical colleges and universities in these countries have started
integrating 3D printing technologies into their course curriculum through
collaboration with 3D printer manufacturers and other industry stakeholders.
Global 3D printers’ market is dominated by Stratasys, which accounted for
majority share in the market in 2014 and is expected to retain its position
through 2020. 3D Systems, EnvisionTEC, and Mcor are other prominent
manufacturers of 3D printers globally.