Inkwood Research
projects that the Global 4D Printing Market is predicted to register a CAGR of 25.86% in terms of revenue during
the forecast period, 2019-2028.
“Browse 36 Market Data Tables and 39 Figures spread over 120
Pages, along with an in-depth TOC on the Global 4D Printing Market Forecast 2019-2028.”
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4D printing comprises biomimetic composites that reprogram
and adapt their properties, shape, or functionality on demand. The latter
depends upon external stimuli. The researchers are integrating several types of
plastics and fibers for creating smart materials. Such that these materials
could self-assemble or change shape as they come in contact with stimuli like the
water of heat. The rising demand for minimizing the process and manufacturing
costs are estimated to propel the 4D printing market growth.
An
Assurance of Sustainable Environment Fuels Market Growth
The rate of production has surged thanks to swift
technological advancements. Yet, the growing strain on the resources is a
matter of concern. The product development that will not cause of depletion of
natural resources will be in demand in the coming years. Many companies are
already keen on integrating such strategies for developing products in the long
run. The increasing prioritization of environmental protection is estimated as
one of the primary drivers of 4D printing market growth. This is because a
product thus created will not be a burden on resources like oil and gas.
Also, such products will entail reduced transportation,
handling, and manufacturing costs. These will also come with reusing and
recycling features given its simple raw material requirements. With a promise
of less general solid waste, the technology spares the compromise of the future
of the human race.
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Programmable
Carbon Fiber is the Most Sought Material
Carbon fiber is the strongest and lightest woven material.
The low weight, high stiffness, and tensile strength, contribute to its
prevalence in the market, during the forecast period. The Self-Assembly Lab of
MIT patterned an application of the programmable carbon fiber technology. The
4D-printed, cured fiber thus formed will be capable of responding to heat so as
to control the airflow. This is due to its bi-directional nature.
In the aviation domain, Airbus transforms it into fuel for
saving air inlet component, which can cool the engine by adjusting
automatically to the airflow. Many companies are offering carbon-based products
to various industries. SGL Carbon supplies carbon-based materials and products
for aerospace, automotive, and solar & wind energy industries. North
America is projected to gain the most market share with a huge number of carbon
fiber production companies, along with the presence of active innovation
facilities.
North
America maintains its Strong Foothold in the Global Market
North America has the presence of 3D printing pioneers that
champion the use of 4D printing. Due to this, the region exhibits excellent
potential for the market under study. For example, ExOne has robust 3D printing
capabilities. Thus, companies are focusing on transforming towards 4D printing.
Also, the region encompasses vast awareness when it comes to advanced
technologies.
The market studied is emerging slowly. Most of the vendors
are consolidated in the developed region. The overall intensity of competitive
rivalry is deemed to moderate. It is projected to increase further with the
emergence of new applications. Autodesk Inc, Hewlett Packard Inc, Stratasys
Inc, etc. make it to the list of the prominent companies in the market.
About Inkwood Research
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relevant fact-based research are customized across industry verticals such as
technology, automotive, chemicals, materials, healthcare, and energy, with an
objective comprehension that acknowledges the business environments. Our
geographical analysis comprises of North & South America, CEE, CIS, Middle
East, Europe, Asia, and Africa.
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