4D printing uses similar techniques of 3D printing but can change its shape while being exposed to elements or time. It used hydrogels or shape memory polymers for altering the shape of the product through user input or autonomous sensing. Market Research Future’s (MRFR) report on the 4D printing market report sheds light on various methodologies and possible applications of the technique. The report focuses on projections for the market during the forecast period (2020-2027) while assessing the impact of the COVID-19 pandemic.
Market Scope
The global 4D printing market size can balloon to USD 162 million by 2022. It can display 39% CAGR over the forecast period. Development of innovative products and use of 4D printing owing to its benefits over 3D printing can boost market demand significantly. Huge need for lowering production costs can accelerate market demand rapidly. Moreover, the faster time-to-market, lack of huge capital, and low inventories can augur favorably for the market.
The COVID-19 pandemic has expedited the development of various materials and products owing to dire circumstances. The rising number of cases can push the need for smart medical that can command the need for 4D printing. Use of computer aided design and smart materials can improve patient treatment and overall patient care.
But high prices of polymers can deter the market growth.
Segmentation
Major applications of the 4D printing market are utility, clothing, construction, automotive, healthcare, aerospace & defense, and others. The aerospace & defense application is bound to dominate the market owing to investments by private and public agencies in 4D printing. Use of lightweight polymers with high resistance to temperature and pressure are likely to bolster the market demand.
The clothing application can be attractive to the market owing to flexible 4D printing material produced via 3D printers. Sustainable approaches to be used in the textile sector as well as implementation of 3D printing for production of dresses and shirts can bode well for the market in the coming years.
On the other hand, the healthcare application can be a lucrative opportunity for the 4D printing market in the coming years. This is due to soaring costs of surgeries and preference of biomaterials for healing deep wounds. Use of medical models to be customized according to individual requirement coupled with deliverance of efficient care can drive the segment growth.
Read more@ https://www.marketresearchfuture.com/reports/4d-printing-market-2692
Regional Analysis
North America, Asia Pacific (APAC), South America, Europe, and the Middle East & Africa (MEA) are major regions analyzed for measuring the growth of the global 4D printing market.
North America is expected to lead in the market owing to advances in 3D printing and adoption of latest techniques owing to heavy investments in research and development. The market demand is also facilitated by increasing experiments of 4D materials to different elements of nature. Programmable carbon fiber can be in high demand for shielding internal components in large and small machines. It is preferred owing to tensile strength, low weight, and high stiffness.
On the other hand, the APAC 4D printing market can exceed in size owing to adoption of latest technological developments and latest products. But high initial costs can impede regional market growth.
Competitive Scope
Stratasys Ltd., Organovo Holdings, Inc., 3D Systems Corporation, Autodesk, Inc., ExOne Co., Materialise NV, Hewlett Packard Corp., and Dassault Systèmes SA are notable players of the global 4D printing market. The competition is expected to sear in the coming years owing to prototypes of various materials as well as dipping prices of raw materials. Large amount of applications in consumer electronic devices and automotive sectors can be a prime opportunity for key players. Collaborations, agreements, and product launches are likely to be witnessed during the assessment period.
Industry News
Researchers from Singapore University of Technology and Design (SUTD) and collaborators developed a shape memory polymer and integrated it with two-photon polymerization lithography (TPL). The nanostructures printed from the polymer can react to pressure and heat and switch between colorful and colorless states.