4D Printing Market Size, Growth, Key Vendors and Forecasts to 2022

Posted by Ehtesham Peerzade on November 23rd, 2020

Market Highlights

4D printing is an emerging technology expected to be entirely commercialized in 2019. Thus, the next couple of years are very crucial for the growth of the market. The massive investments in research & development assure that the technology is likely to witness proliferating applications across the forecast period. This, in turn, is poised to act a growth catalyst for the 4D printing market over the next couple of years.

4D printing is an advancement of 3D printing technology. The rapid developments in the 3D printing market assure a lucrative future trajectory for 4D printing. A report is recently published by Market Research Future on the global 4D printing market. The report unfolds that the global market is projected to value at around USD 162 Mn by 2022, reflecting an exponential CAGR of 39% during the review period 2019 to 2022.

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.

Regional Outlook

The geographical assessment of the global 4D printing market covers an in-depth analysis of the regional as well as country-level basis. The major regional segments of the market are North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). North America is expected to dictate the growth pattern of the market over the next couple of years. The technological advancement of the region, in conjunction with early adoption of these developments, is projected to drive the growth of the 4D printing market in the region in the upcoming years. Also, some of the prominent key players are based out of the region. It is likely to benefit the growth pattern of the regional market over the next few years. 3D printing technology has gained much popularity in the region. This, in turn, further assures that the 4D printing market in the region is prognosticated to flourish in North America across the forecast period.

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.

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.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/4d-printing-market-2692