4D Printing Market Size Is Booming Worldwide by 2022-2028 | 3D Systems Inc., Hewlett Packard company, Organovo Holdings Inc., ExOne Corporation, Materialise NV, ARC Excellence Center
This press release was orginally distributed by SBWire
Pune, Maharashtra — (SBWIRE) — 07/22/2022 — A technology known as 4D printing, also called 4-dimensional printing, combines 3-dimensional (3D) printing methods with cutting-edge software, material science, and engineering. In addition to giving 3D printed things the ability to change shape, it introduces the fourth dimension of time. Since it offers greater efficiency, quality, and performance possibilities than conventional production techniques, 4D printing has grown significantly in popularity in recent years. The adoption of 4D printing over the predicted period is a result of the requirement for a sustainable environment as well as the desire to reduce manufacturing and process costs. The ability to print self-assembling or self-reshaping objects has good implications for industries including furniture, robotics, and building construction, and is anticipated to propel the 4D printing market.
According to the latest market research report published by the SNS Insider, the 4D printing market is anticipated to cross USD 1.02 billion in 2028, with a lucrative CAGR of 39.9% during the forecast period of 2022–2028.
Book Your Free Sample Report @ https://www.snsinsider.com/sample-request/1310?utm_source=KailasRW
Drivers, Restraints, Opportunities, and Challenges
The main driver of 4D printing market expansion is the rising need for innovation across a wide range of 3D printing applications. In addition, the development of novel materials with excellent self-transformation, programmable actuation, and sensing capabilities, such as printed wood grain, tailored textile composites, carbon fiber, and others, is accelerating the market’s growth. Additional factors contributing to a good market forecast include the growing emphasis on product innovations, significant investments in research and development (R&D) projects, and the advent of Industry 5.0. Numerous advantages of 4D printing, including affordability, simplicity, increased efficiency, and cost-effectiveness, are fueling the 4D printing market’s expansion.
Impact of the COVID-19 Pandemic
Nearly every industry, including infrastructure, transportation, oil and gas, manufacturing, and others, has been profoundly impacted by COVID-19. Most nations instituted a lockdown to tackle the COVID-19 epidemic, and they are currently lifting it phase-by-phase and industry-by-industry. This had a big impact on the industrial industry because factories all around the world had to temporarily close. The COVID-19 epidemic has, however, reduced the demand for 4D printing in the medical field.
Market Segmentation
BY 4D PRINTING MATERIAL
1.Programmable Carbon Fiber
2.Programmable Wood
3.Programmable Textiles
BY APPLICATION
1.Defense
2.Aerospace
3.Automotive
4.Textile
5.Healthcare
Given its high steepness, tensile strength, and low weight, programmable carbon fiber is likely to hold a sizable portion of the material market, developing into a significant smart material for automobile body panels and other industrial applications.
Defense is anticipated to dominate the worldwide 4D printing market throughout the forecast period in terms of application. A number of militaries have begun utilizing 3D printing technology to aid soldiers in combat missions and operations.
Regional Analysis
Over the upcoming years, the 4D printing market is expected to see significant growth in North America. This can be attributed to the quick uptake of additive manufacturing and the widespread use of 4D printers in the defense industry throughout the region. Because they can bend the light reflected on the surfaces, U.S. militaries, for instance, have been using this technology to create camouflage materials. Additionally, the market entry of 4D printing has been prompted by the growing demand for flexible products in numerous applications, including adaptable wind turbines, self-folding packaging, and others.
The Asia Pacific region is anticipated to see the highest growth throughout the projection period on account of the region’s expanding construction industry and increasing presence of leading players. Companies that use 4D printing create tools that can adapt to the demands of the workplace.
Competitive Landscape Outlook
Some of the prominent companies present in the 4D printing market include Exone Corporation, Materialise NV, Materialise NV, AutoDesk Inc., Organovo Holdings Inc., Organovo Holdings, Inc., ExOne Corporation, MIT Self-Marketing, and 3D Systems Inc.
Buy This Exclusive Report @ https://www.snsinsider.com/checkout/1310?utm_source=KailasRW
Table Of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact Of Ukraine Russia War
5. Value Chain Analysis
6. Porter’s 5 Forces Model
7. PEST Analysis
8. Global 4D Printing Market Segmentation, By Material Outlook
8.1Introduction
8.2 Programmable Carbon Fiber
8.3 Programmable Wood
8.4 Programmable Textiles
8.5 Other
9. Global 4D Printing Market Segmentation, By Application Outlook
9.1 Introduction
9.2 Defense
9.3 Aerospace
9.4 Automotive
9.5 Textile
9.6 Healthcare
9.7 Other
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest Of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest Of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest Of Latin America
11. Company Profiles
11.1 Hewlett Packard Company.
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS View
11.2 3D Systems Inc
11.3 Organovo Holdings Inc
11.4 ExOne Corporation
11.5 Materialise NV
11.6 ARC Excellence Center
11.7 AutoDesk Inc
11.8 Stratasys Ltd
11.9 MIT Self-Marketing
11.10 Stratasys Ltd.
11.11 Self-Assembly Lab
11.12 Massachusetts Institute Of Technology
11.13 Materialise NV
11.14 Exone Corporation
12. Competitive Landscape
12.1 Competitive Benchmark
12.2 Market Share Analysis
12.3 Recent Developments
13. Conclusion
Contact Us:
Akash Anand
Head of Business Development & Strategy
[email protected]
IND: +91-7798602273
US: +1-415-230-0044
For more information on this press release visit: http://www.sbwire.com/press-releases/4d-printing-market-is-estimated-to-reach-usd-102-billion-by-2028-growing-with-healthy-cagr-399-by-2022-2028-1361157.htm
Credit: Source link