4D Printing Market Research Report- Global Forecast 2022
Market Highlights
The 4D printing market is gaining prospects due to its ability to transform components to another shape when open to heat or humidity or any other environmental stimuli. The global 4D printing market can value this credibility and expect growth by CAGR 39% during the forecast period between 2019 and 2022 and reach a total valuation of USD ~162 Million by 2022. Market Research Future (MRFR), in their report enlists various factors, segments and regional analysis of the market to understand the dynamics of the market in the coming years.
Market Drivers & Key Challenges
4D printing is an emerging technology which is an advancement of 3D printing. Market Research Future in its study enlists various factors such as technology advances, design flexibility, and more that leads to bringing in new types of products is, therefore, driving the market in a positive way.
The 4D printing market is expected to thrive on the integration of the new printing technologies across verticals. Printing technology is revolutionizing which indicates comfort of effortless manufacturing of things with desired structure. These factors are boosting the market to a great extent and developing rapidly to benefit the customers in every possible way.
On the other side, more factors such as military applications are also having a forceful demand for 4D printing technology. By this, soldiers can have a camouflage that can adapt to various environments and metals. Such a situation can increase the performance of tanks and trucks, according to the changes in the environment. Therefore, owing to its benefits in producing guns, machinery, and other defense technologies, 4D printing is being increasingly explored by the military, which is yet again an essential factor fostering the market.
Apart from this, it is the automotive sector that is driving the 4D Printing market inevitably and will continue to expand the market during the forecast period owing to the factors such as in making prototypes, productions, concepts, and samples, in education, arts, and more. These are the sections where the use of 4D printing is booming rapidly. Other than these, various end-users such as medical, aerospace and defense, automotive are also the advanced extension of 3D printing, thus bolstering the 4D printing market over the forecast period.
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Segmentation:
In the study of MRFR, the 4D printing market has been segmented by the elements of the application. Where, the application segment comprises clothing, construction, automotive, aerospace and defense, healthcare, utility and more.
Regional Outlook
The regional analysis for the 4D printing market has been studied for regions such as North America, Europe, Asia Pacific, and Rest of the World.
The study depicts that North America would lead the 4D printing market in support of the technological advancements in 3D printing and owing to the high adoption of 3D printing on a large scale.
Whereas 4D printing is a niche technology Asia-Pacific region and can have considerable adoption 4D printing technology by the end of assessment period. The technological developments and the growing emphasis on the development of new products are some of the critical factors assessed to fuel the growth of the Asia Pacific market in the coming years, along with some lucrative opportunities for the leading players operating in the market.
In the last, the European region is also likely to be the second biggest market share in the 4D printing market.
Key Players
The well-known players in the 4D printing market are listed as Hewlett Packard Corp. (U.S.), Dassault Systèmes SA (France), Organovo Holdings, Inc. (U.S.), 3D Systems Corporation (U.S.), Autodesk, Inc. (U.S.), Stratasys Ltd. (U.S), Materialise NV (Belgium), ExOne Co. (U.S.), and to name a few.
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4D Printing Market, by Application (Aerospace and defense, Healthcare, Automotive, Construction, Clothing, Utility, Others.), by Region- Global Forecast to 2022
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