4D Printing Market: Global Industry Forecast with Market Size, Market Trends and Growth with analyst insights


Posted December 31, 2019 by andreadevis

The global 4D printing market is set to grow by more than 33% over the forecast period from 2019 to 2027, starting from US$ 55.5 million in 2018.

 
The global 4D printing market is set to grow by more than 33% over the forecast period from 2019 to 2027, starting from US$ 55.5 million in 2018.

The global 4D printing market is strongly driven by an increasing demand for advanced technologies that help to deliver quality products at a lower cost. As 4D printing is progressing towards 3D printing, its uptake in the various vertical industries is growing. 4D printing technology helps to produce structures that can be transformed in a pre-programmed way when the component is exposed to appropriate stimuli. This feature of 4D printing provides additional flexibility in design that can contribute to the development of new types of products. In addition, technological advances in the 4D printing industry also facilitate the design and development of innovative products that can be used in the medical and defense sectors. Thus, the growing demand for advanced products in the defense and medical sectors is largely driven by the demand for 4D printing technology. In addition, a large number of research activities are being conducted to improvise this technology and make it more efficient and effective for all sectors of industry to apply it. These factors are anticipated to boost the growth of the 4D printing market during the forecast period.

Access free sample: https://www.credenceresearch.com/sample-request/59758

Although 4D printing is a state-of - the-art technology, its development, acquisition and installation costs are very high. There is also a lack of awareness among people of developing and underdeveloped countries. These factors may have a negative impact on the adoption of this technology and therefore limit the growth of this market.
On the basis of end users, the military and defense sectors are expected to see the highest growth during the forecast period. Due to developments in the military and defense sectors, there is a growing demand for lightweight and easy-to-manufactur equipment and weapons. This is mainly due to the growth of the 4D printing market in the military and defense sectors. Based on geography, North America dominates the 4D printing market by holding the largest market share of total revenues generated globally. Factors such as the growing development of the manufacturing sector, the changing dynamics of the medical and defense sectors and the growing adoption of alternative production techniques are mainly attributed to the high market share of North American 4D printing technology. In addition, the growth of this regional segment is also anticipated to be driven by growing government and private investment in research and development and a growing focus on developing high-quality 4D materials. In addition, various companies operating in this market are based in the United States, which gives them the upper hand over other international players. However, Asia-Pacific is anticipated to see a rapid growth in the global 4D printing market. Factors such as continuous technological advances, developments in the military and defense sectors, growing focus on the development of lightweight and easy-to-wear products are anticipated to fuel the 4D printing market growth in Asia Pacific. Moreover, on the basis of these factors, a large number of players are growing their presence in this region to leverage into the opportunities offered by emerging nations in Asia-Pacific. However, the high costs associated with initial investment and lack of awareness among emerging countries are expected to hinder market growth in Asia-Pacific during the forecast period.

Browse full report @ https://www.credenceresearch.com/report/4d-printing-market

Some of the major companies identified in the report include the Massachusetts Institute of Technology, Autodesk Inc., ARC Center of Excellence for Electromaterials Science, 3D Systems Corporation, Hewlett Packard Corporation, Materialise NV, Exone Corporation, Stratasys Ltd, Organovo Holdings Inc., among others.

Access free sample: https://www.credenceresearch.com/sample-request/59758

About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.

Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
(US/CANADA) Ph.: +1-800-361-8290
E-mail: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Credence Research
Phone 18003618290
Business Address 105 N 1st ST #429, SAN JOSE,
CA 95103, United States
Country United States
Categories Business
Last Updated December 31, 2019