The Global 4D Printing Market was Valued at US$ 65.1 Mn in 2020 is Expected to Reach US$ 489.2 Mn by 2027, with a Growing CAGR Of 42.1% During The Forecast Period (2021-2027). 4D printing is one of the new emerging technologies that are being attributed to an object, that can shape its shape over time. The 4D printing is an advanced extension of the 3D printing and with the ability of self-transformation by embedding a program directly into the materials by themselves. This technology primarily adds time to the length, width and height of the objects.
The 4D printing market growth over the coming years owing to the rising need to lower the manufacturing and processing cost. In addition, in North America, the USAF and the US military has invested in 4D printing to strengthen the infrastructure and posture American airpower for continued dominance over the forecast years. 4D technology primarily proposes a new business model that can cater to the current business requirements by offering reduced need for capital, inventories, time-to-market, thereby boosting business efficiency.
The Global 4D Printing Industry Segmentation:
By End-Use Industry
Based on the material type, Programmable carbon fiber segment expected to grow at the highest rate in the 4D printing market
Programmable carbon fiber is expected to witness a substantial growth over the coming years, due to its tensile, high stiffness, strength and low weight makes it beneficial across various industrial applications. This material can easily transform by printing active material on flexible carbon fiber using heat as an activator. In addition, it does not require any complex actuators, electronics, or sensors. It also helps in reducing the failure-prone mechanisms and lowers the total weight, due to which 4D printing industry demand is expected to increase during the forecast period.
In end-use industry the Military & defense segment is expected to dominate the global 4D printing market
Military & defense is expected to dominate the 4D printing market during the forecast period due to its ability to repair and self-replicate itself in response to external environmental conditions. In addition, various regions have started investing in this new emerging technology to strengthen its army. For instance, the U.S. Army Research Center are planning to develop a new technology in the soldier’s uniform that can protect them against toxic gases effectively. Moreover, it can also modify its own camouflage when being travelled according to the climate.
North America is dominating the global 4D Printing Market
North America was dominating the market in the year 2020 and is expected to show similar growth trends during the forecast years. In the U.S., the growing focus on the technological advancements, and rising adoption of additive manufacturing, propels the market growth. In addition, with the emergence of 4D bio-printing in medical therapy are further increasing the opportunity for this region to grow. The region is increasingly investing in research & development section and are focusing on developing the 4D material which has an ability to adapt to different environmental conditions.
APAC is expected to be the fastest growing region due to the rising adoption of 4D printing in the automotive industry. With the increasing production of passenger and luxury cars, further augmented the market growth. Technological advancements and the rising significance on the development of new products are expected to fuel the market growth in Asia Pacific, thereby providing opportunities for the leading players operating in this 4D printing industry.
Company Profiles and Competitive Intelligence
The key players operating in the global 4D printing market includes Stratasys Ltd, Organovo Holdings Inc., Materialise NV, ARC Centre of Excellence for Electromaterials Science (ACES), 3D Systems Corporation, Hewlett Packard Corporation, Autodesk Inc., Exone Corporation, among others. The market is competitive in nature and the 3D printing players are also expanding their capabilities by investing in R&D for 4D printing. Hence, the market is highly fragmented.
The report also provides in-depth analysis of 4D Printing market dynamics such as drivers, restraints opportunities and challenges
COVID-19 Impact on the 4D Printing Market Analysis
The COVID-19 has significantly impacted the 4D Printing industry owing to the supply chain disruptions. With the outbreak of Covid-19 industries, particularly healthcare will employ more advanced technology to manufacture and meet the requirements of various medical devices and equipment’s. For instance, Leitat Technology Centre designed the ventilator by incorporating 3D technologies and incorporating other parts found on the market. Assembly is very fast, so currently about 100 ventilators can be produced per day.
The report also provides in-depth analysis of key trends in 4D Printing market forecast:
|1||In the United States, the USAF and the US military are investing in 4D printing to bolster infrastructure and posture American airpower for continued dominance into the future.||Positive|
|2||Increase in Demand for Industry 4.0 and Emergence of Industry 5.0 to Drive the 4D Printing Market||Positive|
The unique insights provided by this report also includes the following:
The report also provides in-depth analysis of recent news, developments and investments
Company Profiles and Competitive Intelligence
The key players operating in the market are:
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