4D Printing Market-Overview:
The study indicates that 4D printing technology is expected to be commercialized by 2019. The study indicates that the 4D printing technology would revolutionize the printing technologies. The study indicates that to overcome the existing issue to train and program the material after 3D printing. It has to heat up and stretched and then again cooled down to gain the desired shape 4D printing is introduced. This comfort of effortless manufacturing of things with desired structure boosts the 4D printing market. The study reveals that exploration of 4D printing technology would develop new products to benefit the customers.
4D printing is still an emerging technology which is an advancement to 3D printing. 4D printing allows the components to transform into another shape when exposed to heat or humidity or any other environmental stimuli. This technology advances the shape creation process beyond 3D printing, which results into an additional design flexibility that can lead to new types of products which can adjust its functionality in response to the environment, in a pre-programmed manner.
Major Key Players
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) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global 4D Printing Market
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November, 2017 – ETH Zurich a university in Switzerland developed 4D printing and self-deploying structures which uses auxetic Metamaterials. These components can be used in biomedical devices, aerospace parts and many more. The researchers created this structure by adding a new dimension to the existing 3D structure over time.
September, 2017 – Researchers from Zhejiang University’s National Key Laboratory of chemical engineering have developed 4D printing process. For demonstration, they created calla lily flowers using 3D models which are capable of blooming after printing. The procedure made use of projector, light-curable resin, and paraffin wax for developing the model.
The global 4D printing market is expected to grow at USD ~162 Million by 2022, at ~39% of CAGR between 2019 and 2022.
Global 4D Printing Market – Segmentation
The Global 4D Printing Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by application : Comprises aerospace and Defense, healthcare, automotive, construction, utility and others.
Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific and Rest of the World.
By Geography, global 4D printing is studied for North America, Europe, Asia Pacific and Rest of the world. North America is expected to hold the significant market share for global 4D printing market followed by Europe and the Asia Pacific. The emergence of 4D technology especially in the U.S, rising investments in research and development, the occupancy of significant players in the region and increasing adoption rate among industries are the major driving factors for global 4D printing in this region. Europe occupies second most considerable market share in the global 4D printing market. Adoption of 4D in automobile manufacturing is primarily driving the market in the region. The Asia Pacific is anticipated to show slow growth rate during the forecast period. Being technically backward region and lack of technical expertise there will be slow adoption rate in the future.
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