Additive manufacturing (AM) is an industry in constant search for lucrative new applications; one of the most exciting for the 3D printing industry is electric vehicles (EVs). It’s not uncommon to see impressive headlines and thought pieces on how AM will enable electrification or how AM will transform electric vehicles. Of course, it’s no surprise that EVs elicit such excitement from the AM market given its massive future addressable market. IDTechEx estimates that electric vehicle markets across land, sea, and air will generate $2.6 trillion by 2042 and capturing even a small portion of that market will help propel the AM industry’s growth, which IDTechEx predicts to surpass $41 billion in hardware and materials sales by 2033. However, in an industry such as 3D printing which can be susceptible to hype, it’s important to recognize the advantages and limitations of AM to understand the realistic potential for AM in the EV industry.
In this presentation, IDTechEx will present on the current status of AM within the EV market, highlighting current use cases and AM adoption strategies of relevant automotive OEMs. We will explore precisely how AM may benefit EV growth, such as lightweighting and geometrical freedom, while also identifying the critical technical and economic challenges that AM faces for further penetration into this end-use sector. AM companies operating within the EV market and current research on the implementation of AM for EVs will also be identified for attendees. Attendees will also have the benefit of viewing IDTechEx infographics, charts, and technical benchmarking to enhance their understanding.
Lastly, IDTechEx will present its assessment of AM’s potential within the EV industry, breaking through the hype to give the audience a realistic perspective of AM’s applications for EVs.
- Upon completion, participants will be able to describe AM's applicability and its current use cases within the EV market.
- Upon completion, participants will be able to identify the key technical and economic challenges obstructing AM's adoption by EV manufacturers.
- Upon completion, participants will be able to gain an well-rounded outlook on AM's future potential within EV markets, understanding advantages and limitations for current AM technologies in penetrating EV markets.