The global 4D printing market is expected to reach USD 313.1
million by 2025, according to a new report by Grand View Research, Inc. 4D
printing is an advanced process for printing customizable smart materials where
an object is 3D printed using a programmable material. It enables the material
objects to adjust their appearance or shape over time by using internal or
external stimuli, such as change in temperature or water immersion subjected to
pressure, electric current, UV light, or other form energies. 4D printing, with
its form changing tools, is estimated to revolutionize every industry on a
global scale as the technology offers advantages of reduced resource
consumption and energy wastage.
Researchers are increasingly emphasizing on 4D
printing materials, primarily focusing at the microscopic level. Technologies
incorporating shape memory alloys are developed wherein a temperature change
results in the change of an object’s shape. Additionally, newer technologies
are also utilizing electroactive polymers, pressurized fluids, smart materials,
and chemicals.
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U.S. 4D printing market by material, 2019 - 2025 (USD Million) |
Technology needs are ever increasing in today’s
rapidly changing environment. The market is anticipated to witness a robust
growth over the forecast period, which is ascribed to the increased demand for
technological innovation in the fields of military & defense, automotive,
aerospace, and healthcare, resulting in the rising adoption of 4D printing.
Additionally, the latent scope for innovations and product development is
likely to supplement the market demand over the coming years.
The increasing demand for reduction in the cost of
manufacturing and processing is another major factor anticipated to accelerate
the 4D printing market growth by 2025. Moreover, there is a growing demand for
efficient material and resource management. The self-transforming property of
the technology would lead to the use of limited materials for several purposes,
which in turn would lead to reduced wastage of natural resources, thereby
maintaining a sustainable environment. Thus, the increasing focus on ensuring a
sustainable environment is likely to accelerate the demand in the near future.
The high development cost, growing insecurity of
policy makers as the technology is yet to be commercialized, and rising issues
related to intellectual property rights and potential safety hazards are some
of the factors estimated to restrain the development of the 4D printing market.
However, the increasing opportunities for key players are expected to overpower
the aforementioned restraints, thereby driving the growth over the next few
years.
Full
Research Report On Global 4D Printing Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/4d-printing-market
www.grandviewresearch.com/industry-analysis/4d-printing-market
Further
key findings from the study suggest:
- The global 4D printing market is estimated to
reach USD 64.5 million by 2019 and grow at a CAGR exceeding 33.2% from
2020 to 2025, which is primarily attributed to its rising demand in the
military & defense, aerospace, automotive, and healthcare industries.
- Programmable carbon fiber is anticipated to
emerge as the largest product segment over the forecast period as it is
extremely light and strong, like traditional carbon fiber; requires no
complex electronics, actuators, or sensors; minimizes failure-prone
mechanisms; and decreases the total weight of the product.
- The military & defense sector is expected
to be the largest contributor to the overall 4D printing market,
accounting for more than 25% of the share in 2019, which is followed by
the aerospace segment.
- North America is anticipated to emerge as a
dominant region for 4D printing market by 2025 owing to high investments
in R&D in the region, which is boosting the 4D printing technology.
- Key players such as Stratasys Ltd., Autodesk
Inc., and Hewlett-Packard Inc. are estimated to dominate the market over
the forecast period with their emphasis on expanding the market presence
through a series of new product launches, announcements, and partnerships.
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the global 4D printing market based on
materials, end use, and regions:
4D
Printing Material Outlook (Revenue, USD Million; 2019 - 2025)
- Programmable
Carbon Fiber
- Programmable
Wood - Custom Printed Wood Grain
- Programmable
Textiles
4D
Printing End-Use Outlook (Revenue, USD Million; 2019 - 2025)
- Military
& Defense
- Aerospace
- Automotive
- Textile
- Healthcare
- Others
Regional
Outlook (Revenue, USD Million; 2019 - 2025)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Asia
Pacific
- China
- India
- Japan
- Singapore
- Korea
- Latin
America
- Brazil
- Mexico
- Middle
East & Africa
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-4d-printing-market
www.grandviewresearch.com/press-release/global-4d-printing-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More
Information: www.grandviewresearch.com