Global 4D Printing Market is Expected to Reach $489.2 Million by 2027
4D printing is expected to play important role in the manufacturing process of the future.
October 21, 2021
The 4D Printing Market size was valued at US$65.1 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 42.1% for the forecast period ending 2027 reaching a market value of US$489.2 million.
The Global “4D Printing Market Forecast to 2027” updated report added by AllTheResearch provides comprehensive coverage on major industry drivers, restraints and their impact on market growth during the forecast period 2021-27. 4D printing is expected to play an important role in the manufacturing process, driving the market demand in the future, according to AllTheResearch.
This report has segmented the global 4D Printing market based on types, technology and region. The research report studies the past, present and future performance of the global market. The report analyzes the present competitive scenario, prevalent business models and likely advancements in offerings by significant players like Stratasys, Organovo Holdings, Materialise, 3D Systems, Hewlett Packard, Autodesk, etc. in coming years.
A rising emphasis on ensuring a sustainable environment is anticipated to fuel the 4D printing market growth over the forecast period. The companies in the 4D printing market have started implementing various strategies to develop the product for the long term. 4D printed product would require lesser manufacturing, transportation and handling costs, which helps save resources and efforts, sustaining the environment.
- Aerospace is anticipated to follow the military & defense sector, holding a market share of over 30.5% by 2027.
- Programmable wood and programmable textiles are anticipated to grow at a CAGR of 35% over the coming years.
- The U.S. Army Research Center is planning to devise new technologies, such as a soldier’s uniform that primarily protect them against toxic gases effectively or alter its own camouflage while traveling.
- Airbus S.A.S. is planning to develop a new technology that can cool its engine by using smart material that can react to temperature.
Sources: Press materials received from the company and additional information gleaned from the company’s website.