The global 4Dprinting market is expected to reach USD 313.1
million by 2025, according to a new report by Grand View Research, Inc. 4D
printing is an advanced process for printing customizable smart materials where
an object is 3D printed using a programmable material. It enables the material
objects to adjust their appearance or shape over time by using internal or
external stimuli, such as change in temperature or water immersion subjected to
pressure, electric current, UV light, or other form energies. 4D printing, with
its form changing tools, is estimated to revolutionize every industry on a
global scale as the technology offers advantages of reduced resource
consumption and energy wastage.
Researchers are increasingly emphasizing on
4D printing materials, primarily focusing at the microscopic level.
Technologies incorporating shape memory alloys are developed wherein a
temperature change results in the change of an object’s shape. Additionally,
newer technologies are also utilizing electroactive polymers, pressurized
fluids, smart materials, and chemicals.
Technology needs are ever increasing in
today’s rapidly changing environment. The market is anticipated to witness a
robust growth over the forecast period, which is ascribed to the increased
demand for technological innovation in the fields of military & defense,
automotive, aerospace, and healthcare, resulting in the rising adoption of 4D
printing. Additionally, the latent scope for innovations and product
development is likely to supplement the market demand over the coming years.
The increasing demand for reduction in the
cost of manufacturing and processing is another major factor anticipated to
accelerate the 4D printing market growth by 2025. Moreover, there is a growing
demand for efficient material and resource management. The self-transforming
property of the technology would lead to the use of limited materials for
several purposes, which in turn would lead to reduced wastage of natural
resources, thereby maintaining a sustainable environment. Thus, the increasing
focus on ensuring a sustainable environment is likely to accelerate the demand
in the near future.
The high development cost, growing
insecurity of policy makers as the technology is yet to be commercialized, and
rising issues related to intellectual property rights and potential safety
hazards are some of the factors estimated to restrain the development of the 4D
printing market. However, the increasing opportunities for key players are
expected to overpower the aforementioned restraints, thereby driving the growth
over the next few years.
Full research report on 4D printing market analysis:
Further key findings from the report suggest:
·
The global 4D printing market is estimated
to reach USD 64.5 million by 2019 and grow at a CAGR exceeding 33.2% from 2020
to 2025, which is primarily attributed to its rising demand in the military
& defense, aerospace, automotive, and healthcare industries.
·
Programmable carbon fiber is anticipated to
emerge as the largest product segment over the forecast period as it is
extremely light and strong, like traditional carbon fiber; requires no complex
electronics, actuators, or sensors; minimizes failure-prone mechanisms; and
decreases the total weight of the product.
·
The military & defense sector is
expected to be the largest contributor to the overall 4D printing market,
accounting for more than 25% of the share in 2019, which is followed by the
aerospace segment.
·
North America is anticipated to emerge as a
dominant region for 4D printing market by 2025 owing to high investments in
R&D in the region, which is boosting the 4D printing technology.
·
Key players such as Stratasys Ltd.,
Autodesk Inc., and Hewlett-Packard Inc. are estimated to dominate the market
over the forecast period with their emphasis on expanding the market presence
through a series of new product launches, announcements, and partnerships.
View more
reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research
has segmented the global 4D printing market based on materials, end use, and
regions:
4D Printing Material Outlook (Revenue, USD
Million; 2019 - 2025)
·
Programmable Carbon Fiber
·
Programmable Wood - Custom Printed Wood
Grain
·
Programmable Textiles
4D Printing End-Use Outlook (Revenue, USD
Million; 2019 - 2025)
·
Military & Defense
·
Aerospace
·
Automotive
·
Textile
·
Healthcare
·
Others
Regional Outlook (Revenue, USD Million;
2019 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
o
France
·
Asia Pacific
o
China
o
India
o
Japan
o
Singapore
o
Korea
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa
Access Full Press Release of this
Report:
https://www.grandviewresearch.com/press-release/global-4d-printing-market
https://www.grandviewresearch.com/press-release/global-4d-printing-market
About Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
