What is the global market size of 4D Printing Market?

Global 4d Printing Market size was valued at USD 90 million in 2021 and is poised to grow from USD 126.82 million in 2022 to USD 1971.15 million by 2030, growing at a CAGR of 40.91% in the forecast period (2023-2030).

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

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

Global 4D Printing Market Insights

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 represents one of the new emerging technologies associated with an object that can shape its form over time. It is a more advanced version of 3D printing that allows for self-transformation by embedding a programme directly into the materials themselves. This technology pretty much exclusively adds time to the objects' length, width, and height. Due to strong competition, there's a need to decrease the production and processing costs is predicted to be a significant factor accelerating the global market for 4D printing market share in the coming years. 4D technology, which is focused on 3D printing technology, suggests a new business strategy to adapt to existing business requirements by providing limited capital, inventories, and time-to-market, thereby boosting business efficiency. The ability of 4D printed objects to self-transform enables them to use scarce resources as they respond to external stimuli, resulting in easier after-use disposal of the object and thus having contributed to the preservation of a sustainable environment. The growing emphasis on maintaining a sustainable environment is expected to drive market growth over the forecasting years. The high initial costs of product development may suppress market expansion during the forecast period.

US 4D Printing Market is poised to grow at a sustainable CAGR for the next forecast year.

Global 4D Printing Market Report Snapshots

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Global 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 Size, Share, Growth Analysis, By Material(Programmable carbon fiber, programmable wood – custom printed wood grain), By End-user(Automotive, aerospace & defense) - Industry Forecast 2024-2031

Global 4D Printing Market Insights

Global 4D Printing Market Report Snapshots

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