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The global 4D printing industry is being driven by the growing demand for advanced manufacturing technologies across industry verticals. This can be attributed to the growing market competition and the increased focus of the manufacturers on expanding their ability to quickly produce complex and multi-material products. Additionally, the rapid technological developments and the growing investments by the leading market players in the research and development of advanced printing solutions are expected to further supplement the growth of the market in the coming years. Furthermore, the growing applications of 4D printing in the automotive, aerospace, and healthcare sectors are anticipated to propel the growth of the market in the forecast period.
The growing investments by the leading market players in the development of advanced printing solutions to revolutionise the additive manufacturing industry are expected to positively impact the market growth in the forecast period. For instance, in June 2021, Stratasys, Ltd. (NASDAQ: SSYS), an American Israeli manufacturer of 3D printing solutions, announced the launch of its two new PolyJet™ 3D printers, the Stratasys J35™ Pro and the Stratasys J55™ Prime. In addition, the firm also offered new software solutions for research and packaging prototyping. The PolyJet research package offers the users flexibility to experiment with additive manufacturing, wherein the researchers can also use the extended set of materials and capabilities to experiment with 4D printing.
Market Breakup by Programmable Material, End User, and Region:
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The major players in the global 4D printing market are Autodesk Inc. and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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