Global 4D Printing Industry Growth, Trends, top Manufacturers Analysis up to 2025
25th January 2019: Global 4D Printing Market is
segmented on the basis of material as Programmable Carbon Fiber, Programmable
Textiles, and Programmable Wood - Custom Printed Wood Grain. An advanced
technology that has come up as a much broader concept after 3D printing is
known as 4D Printing. It is simply called as four-dimensional printing. The
main purpose behind designing this concept was to attach a further feature to
additive production. A software program, smart material, and 3D printing
technology merge together to form this particular technology. In other words,
it can be defined as a modern procedure for carrying out the printing practice
of customizable smart materials.
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The most striking aspect that is
attached with the use of these technologies is that it facilitates
extraordinary multifunctional operation. Additionally, it has emerged as a new
standard in a wide range of fields entailing chemistry, bioengineering,
materials science, and computer sciences. As soon as the fabrication process is
carried out with the assistance of this technology, the resultant printed
product is further able to act in response with numerous strictures within the
surrounding and modify its form consequently. It has been observed that the
manufacturers have been taking continuous efforts to further develop and
advance the concept in order to fulfill the current requirements as well as to
raise the level of efficiency.
The key factors that are playing
a major role in raising the share of the market include rising prerequisite for
trimming down the production and processing costs, technological advancements,
rise in the research and development activities, augmented demand across
various sectors, increased awareness among the end users, emergence of huge
market players, and rising applications across various sectors. However, the only
factor that is acting as a major restraint in the market growth includes
augmented initial cost. Owing to all the above-mentioned factors, it has been
anticipated that the 4D Printing Market will register a healthy CAGR in the
coming years. 4D Printing Market is segmented on the basis of end user as
Construction, Aerospace, Automotive, Clothing, Defense, Healthcare and Utility.
Among all the end users, the segment Military and Defense sector is taking up
the largest share in the market.
On the contrary, it is likely
that Asia Pacific will also come up with huge growth, the reason being
emergence of huge market players in the particular region, technological
developments and rising focus on the advancement of modern products. All these
factors are in turn giving rise to the generation of huge market opportunities
for the participants. The key players operating in the 4D Printing Market
covers Materialise NV, Organovo Holdings Inc., ARC Centre of Excellence for
Electromaterials Science, MIT’s Self-Assembly Lab, Stratasys Ltd., ExOne
Corporation, 3D Systems Inc., AutoDesk Inc., and Hewlett Packard Company.
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