The global 4D Printing market size
is expected to reach USD 419.5 million by 2026 according to a new study by
Polaris Market Research. The report “4D Printing Market Analysis By
Material (Programmable Carbon Fiber, Programmable Wood, Programmable Textiles),
By End-use (Defense, Aerospace, Automotive, Textile, Healthcare, Others), By
Region, And Segment Forecasts, 2019 – 2026” gives a detailed
insight into current industry dynamics and provides analysis on future market
growth.
4D printing continues to emerge as an advance in 3D printing
technology. 4D printing allows components to become a different form when
exposed to heat or moisture or other environmental stimuli. This technologies
advance the process of shape production beyond 3D printing which results in
additional design flexibility which can lead to the introduction of new types
of products in order to adapt their functionality to the environment, in a
pre-programmed fashion. The study shows that 4D printing is revolutionizing
printing technology.
Furthermore, the future market growth is likely complemented by
the potential scope for product development and innovations. A comprehensive
analysis of the research on the worldwide market focuses on key aspects that
will have an impact on industry growth in the next couple of years. The study
included a thorough discussion on latest trends, product segmentation,
competitive landscape and key applications the of the global market.
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One of the main factors predicted to accelerate the development of
the global industry over the coming years is the growing need for reduced
production and processing costs. Furthermore, the increasing focus on
encouraging a sustainable environment can accelerate the development of the
market in the near future. On the other hand, growing insecurity for policy
makers, high development costs and increasing issues relating to player entry
are all factors that should restrict the development of the 3D printing market
in the near future.
The global market has been split into the Middle East and Africa,
North America, Latin America, Europe and Asia-Pacific region, from a regional
point of view. According to its report, the growth of North America during the
prediction period will likely be promising and will account for a huge share in
the market overall. The strong growth in this region can be attributed to the
initialization of the four-dimensional technology concept, especially in the
USA. Moreover, the Asia Pacific market for 4-dimensional printing is expected
to remain second in the next few years.
The leading players in the industry are expected to be given
lucrative opportunities. The demand for high initial costs is however expected
in the coming years to limit the growth of the Asian Pacific market.
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3D Systems Inc., Hewlett Packard company, Organovo Holdings Inc.,
ExOne Corporation, Materialise NV, ARC Excellence Center for Electromaterials
Science, AutoDesk Inc., Stratasys Ltd, MIT Self-Marketing Lab are among the
world’s leading players in the global market. In the coming years, these
players are expected to experience a strong competition. In addition, a
substantial increase in the number of players will likely promote the overall
market growth in the near future.
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