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Jun 25
Love1

The 3D Printer Market Is Being Driven By 3D Printed Products In Automotive Industry

By General Posts

The Business Research Company’s 3D Printer Global Market Report 2021: COVID-19 Growth And Change To 2030

The growth in the use of 3D printed products in the automotive industry is a key factor driving the growth of the 3D printer manufacturing market. The manufacture of lightweight vehicle components is possible with the aid of 3D printing that reduces vehicle weight, boosts car performance, and increases fuel economy, and greater productivity can be achieved in injection molding equipment manufacturing using 3D printing technology.

For instance, in 2019, General Motors collaborated with Autodesk to produce 3D printed lower cost and lighter vehicle parts. Therefore, the growth in demand for 3D printed products in the automotive industry drives the demand for manufacturing 3D printers and contributes to the growth of the 3D printer manufacturing market.

The 3D printer manufacturing market consists of sales of 3D printers that are used in automotive, healthcare, industrial, consumer electronics, aerospace and defense industries. 3D printing is the method of creating three-dimensional objects by transferring consecutive material layers through a 3D printer.

The global 3D printer market is expected grow from $8.62 billion in 2020 to $11.1 billion in 2021 at a compound annual growth rate (CAGR) of 28.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The 3D printing market size is expected to reach $25.26 billion in 2025 at a CAGR of 23%.

TBRC’s 3D printers market report is segmented by printer type into desktop 3d printer, industrial 3d printer, by technology into stereolithography (SLA), fused deposition modeling (FDM), selective laser sintering (SLS), direct metal laser sintering (DMLS), polyjet/multijet printing (MJP), inkjet printing, electron beam melting (EBM), laser metal deposition (LMD), direct light projection (DLP), others and by end-use industry into automotive, aerospace & defense, healthcare, food, construction & architecture, others.

The major players covered in the global 3d printing industry are Stratasys, GE Additive, SLM Solutions, Voxeljet, Arcam AB, Hoganas AB, Groupe Gorgé, Renishaw PLC., Markforged Inc., Made In Space, Proto Labs Inc., and Tiertime.

3D Printer Global Market Report 2021: COVID-19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provides 3D printer market overview, forecast 3D printer market size and growth for the whole market, 3D printer market segments, and geographies, 3D printer market trends, 3D printer market drivers, restraints, leading competitors’ revenues, profiles, and market shares.

Mar 26
Love0

Harley-Davidson Announce Opening of Electric Revolution: World’s First Museum Exhibit Exclusively Featuring Electric Motorcycles

By General Posts

Harley-Davidson and the Motorcycle Arts Foundation Announce the Opening of Electric Revolution, the World’s First Museum Exhibit Exclusively Featuring Electric Motorcycles, opening April 6, 2019 at Petersen Automotive Museum in Los Angeles

LOS ANGELES, March 26, 2019 /PRNewswire/ — The Motorcycle Arts Foundation (MAF) and Harley-Davidson announced today the opening of Electric Revolution, the world’s first museum exhibition exclusively featuring electric motorcycles. This exhibit, which is supported by Harley-Davidson, will open at the Richard Varner Family Gallery at the Petersen Automotive Museum in Los Angeles, California on April 6, 2019. Curated by MAF co-founder Paul d’Orléans, the exhibit will explore the history and current state of the electric motorcycle and e-bike industry with 21 examples of 2-wheeled electric vehicles from both custom builders and established manufacturers.

Zero-emission vehicles have become a prominent part of the transportation landscape, and electric motorcycles and e-bikes are one of the fastest growing sectors in this quickly evolving market. The exhibit assembles a dynamic mix of production, racing, prototype and custom electric motorcycles from world renowned manufacturers and builders in the EV space including Harley-Davidson, CAKE, Specialized Bicycle Components, Roland Sands Design, Curtiss Motorcycles, Alta Motors, Joey Ruiter, and Noel Connolly.

Harley-Davidson is the lead sponsor for this exhibit and has provided three recent prototypes from their electric portfolio, including the 2020 LiveWire, which will be available to the public in Fall 2019.

“We are creating history with the world’s first exhibition of any type to feature two-wheeled electric vehicles exclusively,” states curator Paul d’Orléans. “The electric motorcycle industry is exploding with new players investing in an electric future, and this exhibit will showcase contemporary manufacturers as the trail blazers of the industry and pay homage to electric pioneers.”

“We are thrilled to support the Motorcycle Arts Foundation and participate in the Electric Revolution exhibition at the Petersen Automotive Museum,” states Harley-Davidson Senior Vice President of Marketing and Brand Heather Malenshek. “Harley-Davidson is at the forefront of the changing consumer landscape within motorcycles and we are excited to showcase our halo product, LiveWire, within the powerful narrative this exhibit presents to the public.”

The MAF is a 501(c)(3) nonprofit dedicated to the preservation and distribution of motorcycle arts. Electric Revolution will be the second major public project for the foundation. Their first exhibition project, Custom Revolution, just ended its year-long run at the Petersen Museum, and was one of the most important cultural events for motorcycles in the last 25 years. Electric Revolution is produced by the Motorcycle Arts Foundation and Sasha Tcherevkoff.

The opening night VIP and press reception will be held on April 4, 2019 from 6:30-10pm. The event will be attended by the world’s most talented builders, designers, and thought leaders in the electric vehicle industry. The evening will feature exclusive access to the new exhibition, music, food and drinks by the legendary Drago Ristorante, and a live “electrifying” panel discussion moderated by Paul d’Orléans.