4D Printing Market By Material (Programmable Carbon Fiber, Programmable Textiles, Programmable Bio Material, Programmable Wood), By End User (Medical, Aerospace And Defense, Automotive, Other) - Growth, Future Prospects And Competitive Analysis, 2019 - 2027

The transformation of information and communication technologies and the evolution of new generations of data management techniques are likely to fuel the growth of the 4D printing market.

Globally, the 4D printing market is expected to grow with a CAGR of more than 33% during the forecast period from 2019 to 2027, starting from US$ 55.5 million in 2018. Globally, the manufacturing industry is transforming from 3D to 4D printing based on the numerous advantages associated with this advanced technology. 4D printing technology helps produce structures that can transform themselves in a pre-programmed way when the component is exposed to appropriate stimuli.

This ability to reshape has opened new avenues for manufacturers and researchers focusing on this technology and created lucrative opportunities in areas such as building construction, furniture, and robotics. In addition to this, increasing demand for upgraded and modernized 3D printing applications to make more reliable products is also fueling the growth of the 4D printing market. Additionally, factors such as technological advancements in the field of scanning, an increasing number of research and development investments, and increasing demand for advanced technologies from hardware manufacturers and software developers are also expected to drive the 4D printing market's growth.

Furthermore, 4D printing technology allows the use of limited materials for multiple purposes, which facilitates reducing the costs associated with raw materials and getting more work done in less quantity. These features provide great opportunities for the key players to expand their businesses as intense competition in the industry has generated the need to reduce the costs associated with manufacturing and processing. Moreover, widespread applications of the 4D printing technique across the bio-medical, aerospace, and defense industries are also driving the growth of this market. However, the impact of various drawbacks associated with 4D printing on the commercialization of the products, high development costs, and concerns associated with intellectual property rights are some factors that are projected to hamper the growth of the 4D printing market during the forecast period.

Market Synopsis

The programmable carbon fiber material segment is expected to witness the highest growth in the 4D printing market.

Based on the materials, the 4D printing market is categorized into programmable carbon fiber, programmable biomaterials, programmable textiles, and programmable wood. The programmable carbon fiber materials segment is projected to witness high growth during the forecast period based on the advantages associated with this material. The programmable carbon fiber material is lightweight, super-strong, and stiff, which makes it useful for numerous industrial applications. They help minimize failure-prone mechanisms and decrease the total weight of the product. Despite its advantages, programmable carbon fiber's high cost and slow production time have affected its adoption in some industries. Furthermore, programmable textiles, programmable wood, and programmable biomaterials are also projected to showcase significant growth during the forecast period.

North America to dominate the 3D printing market.

North America dominates the 4D printing market by holding the largest market share of the total revenue generated worldwide. Owing to high investments in research and development in the North American region, 4D printing has emerged as a prominent technology in the past few years.

In this region, the US is the major contributor, as it is considered to be the innovator and pioneer in the adoption of 4D printing technology for additive manufacturing. Furthermore, increasing advances in the manufacturing sector and growing demand for innovative ways of development and production are primarily contributing to the growth of the 4D printing technology market in this region. Based on North America's hold on advanced technology and high rate of adoption, this regional segment is expected to maintain its dominant position during the forecast period.

However, Asia-Pacific is expected to follow North America by witnessing rapid growth in the global 4D printing market. Factors such as technological advancements and the increasing focus on innovating new ways of manufacturing innovative products are expected to fuel the 4D printing market's growth in the Asia Pacific. This region offers lucrative growth opportunities for the key players operating in the local and international markets and enables them to expand their businesses in the high-growth sector. However, the high investment made initially, and lack of awareness are some factors that are likely to hinder market growth in Asia-Pacific during the forecast period.

Some of the prominent players operating in the 4D printing market include the Massachusetts Institute of Technology, Autodesk Inc., Stratasys Ltd., ARC Center of Excellence for Electromaterials Science (ACES), 3D Systems Corporation, Hewlett-Packard Corporation, Materialise NV, Exone Corporation, and Organovo Holdings Inc., among others.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The 4D Printing Market Report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global 4D printing market based on material, end user, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

  • What was the market size of 4D printing in 2018 and the forecast up to 2027?
  • Which is the largest regional market for the programmable carbon fiber segment?
  • What are the major trends followed in the 4D printing market across different regions?
  • Who are the key 4D printing companies leading the market?
  • What are the key strategies adopted by the leading 4D printing companies in the market?

Unique data points of this report

  • Statistics on 4D printing penetration and spending worldwide
  • Recent trends across different regions in terms of the adoption of 4D printing for various applications in various industries
  • Notable developments are going on in the 4D printing industry.
  • Attractive investment propositions for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Frequently Asked Question:

The market for 4D Printing Market is expected to reach USD$ 55.5 Mn in 2027.

The 4D Printing Market is expected to see significant CAGR growth over the coming years, at 33%.

The report is forecasted from 2019 -2027.

The base year of this report is 2018.

Autodesk Inc., Stratasys Ltd., ARC Center of Excellence for Electromaterials Science (ACES), 3D Systems Corporation. are some of the major players in the global market.

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Published Date:  Jul 2019
Category:  Technology & Media
Report ID:   59758
Report Format:   PDF
Pages:   120
Rating:    4.4 (69)
Delivery Time: 24 Hours to 48 Hours   
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