Prototyping: create prototypes of new automotive designs; quickly and cost-effectively test and refine designs before moving to mass production.
Tooling: produce jigs, fixtures, and molds used in the production process which can be customized for specific production needs and produced quickly, reducing lead times.
Spare Parts: produce spare parts on-demand, reducing the need for large inventories and improving supply chain efficiency.
Lightweighting: produce parts with complex geometries, enabling weight reduction through the use of optimized structures and materials, improving things such as fuel efficiency and vehicle performance.
Customization: customize parts and components to offer personalized options to consumers.
Global AM market projected at $7.9B by 2027
CAGR of 21.7%
Lower production costs
Lower development times and times to market