Press release
4D Printing Market in Programmable Carbon Fiber Materials are to Showcase a High Growth Over the Coming Years | Autodesk, Inc., Dassault Systemes S.A., Materialise NV, Hewlett-Packard, Stratasys, 3D Systems Corporation
Global 4D Printing Market report 2024 focuses on the major Types and Applications for the key players. The study report also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The market research report is a professional and in-depth study on the current state of global industry.Based on the materials, the 4D printing market can be segmented into programmable carbon fiber, programmable textile, and programmable wood grain. The programmable carbon fiber materials are predicted to witness a high growth over the coming years owing to their features, such as tensile strength, low weight, and high stiffness, thereby making them useful for many industrial applications. The material helps in decreasing the total weight and reducing failure-prone mechanisms, which will drive the industry adoption.
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The technology is an extension of 3D printing technology and offers customers and end users enhanced efficiency, quality, and performance abilities over manufacturing techniques. The rising demand from hardware manufacturers and software solution suppliers owing to technological advancements in scanning is anticipated to drive the 4D printing market growth. Technological advancements such as 3D digitization are offering end-users high resolution which will provide a positive impetus to the 4D printing market growth.
Rising insecurity of policy makers owing to the technology not being commercialized, high development costs, and growing issues associated with intellectual property rights are some of the factors which are anticipated to hinder the 4D printing market development. However, the growing opportunities for key industry players are projected to subdue the factors, thereby propelling the industry growth over the forecast timespan.
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North America 4D printing market is expected to show a sturdy growth owing to the initialization of the concept. In the U.S., the growing focus on the technological advancements and growing number of investments in R&D have provided the technology ample growth opportunities. The government and researchers in the region are concentrating on developing 4D materials, which have the ability to adjust to diverse climatic conditions.
Key players operating in the 4D printing market include industry leaders and research facilities such as Autodesk, Inc., Dassault Systemes S.A., Materialise NV, Massachusetts Institute of Technology, Hewlett-Packard, Inc., Stratasys, Ltd., 3D Systems Corporation, ExOne Co., ARC Centre of Excellence for Electromaterials Science (ACES), and Organovo Holdings, Inc.
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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