New York City, 30 January 2020: 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 technology advances 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.
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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.
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.
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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.
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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specializes in providing exceptional market intelligence and in-depth business
research services for our clientele spread across different enterprises.
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