Global 4d Printing Market

4D Printing Market Size, Share, Growth Analysis, By Material(Programmable carbon fiber, programmable wood – custom printed wood grain, programmable textile, and others), By End-user(Automotive, aerospace & defense, healthcare, textile), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20C2024 | Region: Global | Published Date: February, 2024
Pages: 242 | Tables: 66 | Figures: 73

4D Printing Market Regional Insights

The North American market is expected to grow rapidly over the forecast period followed by Asia Pacific and Europe, accounting for a significant share of the overall market due to the early adoption of 4D technology, particularly in the United States, and the growing emphasis on technological advancements. The region's growth is also due to increased investment in R&D, with scientists aiming to develop 4D materials that can adapt to a variety of conditions. According to the OECD, the United States spends more on healthcare as a proportion of GDP compared to any other country. 4D scanners can be utilized in healthcare to create 4-D models of human body parts that can be utilized to make prosthetics.

During the forecast period, the Asia Pacific region is also predicted to experience substantial revenue growth. The region will grow during the forecast period due to the increased use of 4D printing in the automotive industry, resulting in increasing the 4D printing market share. This technology is extensively employed in the manufacture of luxury vehicles in addition to the production of passenger vehicles. Market growth for automobiles in both developing and advanced economies is expected to drive market revenue growth. The regional market is predicted to expand due to a significant rise in the production of new products.

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FAQs

4d Printing Market size was valued at USD 90 million in 2019 and is poised to grow from USD 126.82 million in 2023 to USD 1971.15 million by 2031, growing at a CAGR of 40.91% in the forecast period (2024-2031).

4d printing market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Autodesk Inc.', 'Hewlett-Packard Development Company, L.P.', 'Stratasys Ltd.', 'ARC Centre of Excellence for Electromaterials Science', 'Massachusetts Institute of Technology', 'The University of Texas at Dallas', 'Airbus Group SE', 'ExOne Co.', 'Organovo Holdings Inc.', '3D Systems Corporation', 'Materialise NV', 'Dassault Systèmes SE', 'Energetically Autonomous Tactical Robot (EATR) Project', 'University of Southern California', 'University of Bristol', 'Northrop Grumman Corporation', 'Self-Assembly Lab at MIT', 'Stratasys Direct Manufacturing'

The 4D printing market growth is expected to expand during the forecast time frame due to the increasing demand and increased investment in Industry 4.0. Additive manufacturing, also known as 3D printing, is a component of Industry 4.0. Several funding approaches have recently been initiated to advance this technology.

Companies are realising that' manufacturing as a service' is a sensible approach because additive manufacturing technology is still evolving at a rapid pace. Furthermore, the capability to produce personalised products with minimal costs, less energy consumption, and less material waste seems to be what Industry 5.0 has to offer.

The North American market is expected to grow rapidly over the forecast period followed by Asia Pacific and Europe, accounting for a significant share of the overall market due to the early adoption of 4D technology, particularly in the United States, and the growing emphasis on technological advancements. The region's growth is also due to increased investment in R&D, with scientists aiming to develop 4D materials that can adapt to a variety of conditions. According to the OECD, the United States spends more on healthcare as a proportion of GDP compared to any other country. 4D scanners can be utilized in healthcare to create 4-D models of human body parts that can be utilized to make prosthetics.

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Global 4d Printing Market

Report ID: SQMIG20C2024

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