4D Printing Market Size Worth $ 419.5 Million By 2026 Says Polaris Market Research
Tuesday, November 05, 2019
Press release from the issuing company
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.
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.
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.
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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., Exon Corporation, Materialise NV, ARC Excellence Center for Electro materials 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.
Polaris Market research has segmented the 4D printing market report on the basis of material, end-use and region
4D Printing Material Outlook (Revenue, USD Million, 2015 – 2026)
· Programmable Carbon Fiber
· Programmable Wood – Custom Printed Wood Grain
· Programmable Textiles
4D Printing End-User Outlook (Revenue, USD Million, 2015 – 2026)
4D Printing Regional Outlook (Revenue, USD Million, 2015 – 2026)
· North America
· Asia Pacific
· South Korea
· Latin America
· Middle East & Africa
· Saudi Arabia
· South Africa
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