Passenger Car Global Market Forecast To 2022

Asia Pacific was the largest region in the global passenger car market, accounting for 45% of the market in 2018. Western Europe was the second largest region accounting for 24% of the global passenger car market. Africa was the smallest region in the global passenger car market.

Additive manufacturing is continuously evolving and automobile manufacturers are now using 3D printing technology to reduce production time and costs. 3D printing creates a three-dimensional physical object using a digital design. It is being used to build prototypes of cars, concept models, design verification and functional parts used in test vehicles and engines. Automobile manufacturers are also using 3D printing to build a variety of tools, jigs and fixtures used in assembly and manufacturing processes. 3D printing helps in rapid prototyping, increases assembly line efficiency, lowers turnaround time, improves flexibility in design and reduces wastage of materials.

Tags: Global Passenger Car Market, Global Passenger Car Market Research Report, Global Passenger Car Market Revenue, Global Passenger Car Market Share, Global Passenger Car Market Trends