4D Printing Market is expected to grow at an impressive CAGR of 41.17% between 2020-2025

Knowledge Sourcing Intelligence announces the publication of a new report on “4D Printing Market - Forecasts from 2019 to 2024" to their offering.

4D printing technology is an extension of 3D printing providing a breakthrough over 3D printing technology having the ability to transform with time and thus is capable of changing its shape. This advanced technology allows the structure to change its functionality utilizing programmable and advanced materials. The 4D printed objects change shapes and functions in response to the external stimuli, examples include, adding hot water, heat, and light. Such characteristics offer immense benefits where different objects can function with the introduction of smart materials according to the requirement across various end-user industry verticals. Smart materials in 4D printing technology have a unique characteristic of changing shapes due to their thermomechanical properties in comparison to the rigid 3D printed objects. These smart polymers are found either in the form of hydrogels or are present as shape memory polymers.

This report provides forecast and analysis of the 4D printing market which is estimated to grow at a CAGR of 41.17% over the forecast period 2020-2025. The Americas region is poised to hold a significant market share of the different geographical regions due to the U.S. being an early adopter of innovation, also, on the account of state-of-the-art infrastructure present in the country. The region is favorable for the adoption of advanced technologies such as 4D printing, thus, it holds immense market potential and is gaining continuous traction. The growing popularity of 4D printing technology worldwide owing to its self-assembling properties is further propelling the demand for these advanced technologies and solutions. Increasing investment in research and development due to the research collaborations for the 4D printing technology worldwide is further propelling the market growth during the forecast period. In the textile and footwear industry, 4D printing is expected to show great results, for example, self-repairing clothes, or shoes capable of changing shapes according to the change in weather or change in walking behavior. For example, if a person is jogging, the shoes may change their shape to provide comfort while running. This will also contribute to saving huge costs as well. Furthermore, with the growing demand for advanced technologies in the growing medical industry, 4D printing is set to revolutionize the medical sector. For, example, the programmable stents can open on reaching the destination in the human body providing ease and comfort for the patient and the interventional cardiologist. However, the lack of skilled personnel in this field at present may pose a threat to impeding market growth during the forecast period.

Some of the major players covered as part of the report are Stratasys Ltd., HP Development Company, L.P., Poietis, and Meltio.

This report segmented the 4D Printing market as below:

• By Material
o Thermo-Responsive
o Moisture-Responsive
o Photo-Responsive
o Others

• By Industry Vertical
o Aerospace and Defense
o Automotive
o Healthcare
o Others

• By Geography
o Americas
 By Material
 By Industry Vertical
o Europe Middle East and Africa
 By Material
 By Industry Vertical
o Asia Pacific
 By Material
 By Industry Vertical

Purchase complete report or request sample: www.knowledge-sourcing.com/report/4d-printing-market

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centring on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

This release was published on openPR.