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Global 4D Printing Market to Grow at a CAGR of 45% During 2022-2027, Aided by the Rapid Technological Advancements

According to a new report by EMR titled, ‘Global 4D Printing Market Report and Forecast 2022-2027’, the market attained a value of nearly USD 60 million in 2020. The market for 4D printing is further expected to grow at a CAGR of 45% in the forecast period of 2022-2027.

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:

  • The market is divided, based on programmable material, into programmable carbon fibre, programmable textiles, programmable biomaterial, and programmable wood.
  • On the basis of end user, the market can be distributed into medical, aerospace and defence, and automotive, among others.
  • Region-wise, the global market for 4D printing can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for 4D printing is being driven by the growing demand for novel manufacturing solutions across industries.
  • The rapid digitisation across industries has significantly contributed to the market expansion. 
  • The diverse application potential of 4D printing, such as in the production of automotive parts, and industrial additives, among others, is also aiding the industry. 
  • The rising technological advancements in the development of 4D printing solutions are further propelling the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for 4D printing for the periods (2017-2021) and (2022-2027). 
  • The report also offers historical (2017-2021) and forecast (2022-2027) market information for the programmable materials, end users, and regions of 4D printing.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

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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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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