Research Nester published a report titled “4D Printing Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global 4D printing market in terms of market segmentation by material, end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global 4D printing market is anticipated to attain a CAGR of ~40% over the forecast period, i.e., 2022 – 2031. The market is segmented on the basis of end-user into aerospace, automotive, clothing, construction, defense, healthcare & utility, and others. Out of these, the automotive segment is anticipated to hold a substantial share over the forecast period owing to the higher accuracy provided by 4D printing technique in less time and cost, for manufacturing small complex parts of the vehicles.
The global 4D printing market is estimated to grow on the back of growing adoption of 4D printing amongst various end-user industries. 4D printing is a relatively recent technology, which is similar to 3D printing, however, it uses precise geometric codes unlike 3D printing. The 3D printed object can self-transform into another structure under external stimuli, such as, submersion in water, or exposure to heat, pressure, current, ultraviolet light, and others. Moreover, the higher accuracy that can be achieved by 4D printing is expected to boost the market growth.
On the basis of geographical analysis, the global 4D printing market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the increasing technological advancements in the region, along with the high implementation of 3D technology.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Increasing Adoption of Advanced Technology to boost the Market Growth
4D printing uses the same techniques as 3D printing through computer-programmed deposition to create a three-dimensional object, capable of changing form under environmental stimuli. The growing adoption of AI, 3D printing, and digitalization across various industry verticals is anticipated to encourage the market growth.
However, high cost of 4D printers and printing material are expected to operate as key restraint to the growth of global 4D printing market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global 4D printing market which includes company profiling of Materialise NV, Dassault Systèmes SE, Organovo Holdings, Inc., ExOne Co., Autodesk, Inc., 3D Systems Corporation, Stratasys, Ltd., Hewlett-Packard Company, SLM Solutions Group AG, and ANSYS, Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global 4D printing market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.