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On January 3, 2025, 3D Systems partnered with Daimler Bus to achieve distributed 3D printing of spare parts. Digitally protected files are sent to local service centers and can be 3D printed on demand, reducing part production time by 75% compared to more centralized manufacturing methods. The new solution is designed for 3D Systems’ SLS 380, capable of 3D printing production-grade nylon parts, but it is also applicable to metal and plastic printers.
This news highlights the significant market opportunities of 3D printing technology. In the United States alone, the annual revenue of the automotive aftermarket parts industry is approximately $200 billion, which is ten times the global 3D printing market size of about $20 billion.The advantages of on-demand printed parts include reduced inventory and lower manufacturing costs for small batch production. In some cases, digital design files can replace physical molds, thereby reducing transportation costs for each part.
ARK predicts that by 2030, 3D printing will develop into an $180 billion industry, with the automotive sector being one of the largest opportunities.
Original text Title:
3D Printing Reshapes Automotive Aftermarket Supply Chains
Author: Tasha Keeney, CFA, Director of Investment Analysis and Institutional Strategy
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