Additive Manufacturing Technology Innovations Impacting Automotive Sector
October 7, 2015 | Business WireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "Additive Manufacturing Technology Innovations Impacting Automotive Sector (Technical Insights)" report to their offering.
Additive manufacturing (AM) is a rapidly growing technology that includes rapid prototyping and three-dimensional (3D) printing. These technologies are playing a crucial role in transforming industries such as automotive, aerospace, medical, fashion and food industry. Additive manufacturing is mainly used for more efficient, less time consuming and less wasteful rapid prototyping and manufacturing ready to use components and parts.
This research service titled Additive Manufacturing Technology Innovations Impacting Automotive Sector' reviews technology development in additive manufacturing process that might significantly impact the automotive sector. The study covers emerging technology trends in key additive manufacturing process such as 3D printing, fused deposition modelling (FDM), stereolithography (SLA), selective laser sintering (SLS), and electron beam melting (EBM). Additive manufacturing's impact in the future is expected to go beyond market predictions across multiple industries.
Key Findings:
- Additive manufacturing technologies are envisioned to impact the future of automotive sector. These emerging technologies will play a major role in the automotive industrial revolution
- Universities across the globe have been continuously researching and implementing new techniques for advancement and development of additive manufacturing technologies in the automotive sector
- Even though additive manufacturing technologies will have major advantages and benefits over the medium - and long term, adoption of these technologies in the automotive sector will be a challenge due to the high capital costs for implementation and initialization. Moreover, additive manufacturing has insufficient speed and involves high materials cost for use in high volume auto manufacturing
- Many companies, universities, government bodies, research groups, and users are constantly working on new methods and techniques to optimize additive manufacturing technologies. These new innovations can impact not only the automotive sector, but also other industries such as aerospace, biomedical, oil and gas
Suggested Items
SEMI Applauds U.S. Chips Act Award for Samsung Electronics Facilities to Strengthen Domestic Semiconductor Supply Chain
04/17/2024 | SEMISEMI, the industry association serving the global electronics design and manufacturing supply chain, applauded the United States Department of Commerce’s announcement of a Preliminary Memorandum of Terms for an award under the CHIPS and Science Act to support the expansion of Samsung Electronics’ presence in Texas and the company’s development and production of leading-edge chips.
Ark Electronics Expands Global Manufacturing Factory Network in North America and Europe
04/17/2024 | PRNewswireElectronic Manufacturing Company Ark Electronics recently announced the expansion of its Global Factory Network with the addition of Electronics Manufacturing Service (EMS) capabilities in Mexico and Europe.
SIA Applauds CHIPS Act Incentives for Samsung Manufacturing Projects in Texas
04/16/2024 | SIAThe Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer applauding semiconductor manufacturing incentives announced by the U.S. Department of Commerce and Samsung.
Report Reveals ‘True Impact’ of Manufacturing is Nearly a Quarter of UK GDP
04/15/2024 | Manufacturing Technologies AssociationManufacturing is having a far greater impact on the UK economy than first thought according to a major new report released today.
Design Community Town Hall Review
04/11/2024 | Kelly Dack, CID+, EPTACThe Design Community Town Hall took place on the afternoon of April 10, 2024. I was fortunate to attend this event, which marked an opportunity for members of some newly found design groups to get together and exchange ideas. Peter Tranitz, senior director of solutions for IPC, opened the session with a slide presentation introducing these new groups and members within the solutions department.