Market Highlights
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.
Being a much-advanced concept for shape creation process comparing to 3D printing, it is highly adopted. Moreover, it provides incredible flexibility for the marketers helping them develop fresh products. The commercialization of 4D printing technology is already on a roll and expected to be at the peak by 2022. It being forecasted as the most revolutionary concept in the printing technology arena is already getting attraction of the investors and marketers around the globe, widening market scope.
One of the foremost reasons that make the market scope for 4D printing significant is due to the vivid application it comes associated with. Starting from healthcare to automotive, the global 4D Printing Market holds incredible application prospects. In fact, top research centers of the world have also found 4D printing technology highly valuable. There are many products already launched in this segment, as well. In short, all these aspects, in combination, assure an incredible market prospect for the global 4D printing market.
Segmentation:
The 4D printing market is segmented in terms of application and region. On the basis of application, the segment includes many domains ranging from aerospace and defense, healthcare, automotive, construction, clothing, utility, and others. On the basis of region, the global 4D printing market is divided into Asia Pacific, North America, Europe, and the Rest of the World. Among these, North America shows the best growth trend, among others. A thorough study of each of the above segments can be useful in terms of preparing smart strategies for the market. The region-specific study can be more helpful towards proper decision making in this domain.
Regional Analysis
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.
Industry News
Cole of Duty publishes a report about the growth rate and market scenario of the global 4D Printing Market. It analyses all the crucial aspects associated with the market and the factors playing a major role in establishing. The report also identifies the most prominent destinations around the globe that are expected to rule the domain.
Key Players:
The prominent players in the 4D printing market are Stratasys Ltd. (U.S), Hewlett Packard Corp. (U.S.), 3D Systems Corporation (U.S.), ExOne Co. (U.S.), Autodesk, Inc. (U.S.), Organovo Holdings, Inc. (U.S.), Materialise NV (Belgium), and Dassault Systèmes SA (France). among others.
