Press release
3D 4D Technology Market Astonishing Growth with Top Influencing Key Players like 3D Systems Corporation, Dolby Laboratories, Inc., LG Electronics Inc
Latest research on 3D 4D Technology Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2022 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the 3D 4D Technology market. This report included a special section on the Impact of COVID19. Also, 3D 4D Technology Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the 3D 4D Technology industry.The 3D 4D Technology market was valued at USD 238.44 billion in 2020 and is expected to reach USD 636.17 billion by 2026, and grow at a CAGR of 17.54% over the forecast period (2021 - 2026).
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The 3D 4D Technology market is highly competitive and consists of a number of major players. Top Companies like 3D Systems Corporation, Dolby Laboratories, Inc., LG Electronics Inc., Barco N.V., Samsung Electronics Co., Ltd., Autodesk, Inc., Stratus's, Inc., Panasonic Corporation, Sony Corporation
Industry News And Developments:
- February 2019 - Xerox acquired Vader Systems, the New York-based metal additive manufacturing company. This acquisition will enable Xerox to offer its customers access to low-cost metal AM with more metals. Vader Systems is the manufacturer of the world's 1st commercial liquid metal 3D printer.
- January 2019 - Adobe acquired 3D software company, Allegorithmic, makers of Substance, the industry standard for 3D textures and material creation for Gaming and Entertainment. This is expected to empower video game creators, VFX artists working in film and television, designers and marketers to deliver the next generation of immersive experiences.
Regional Analysis:
Furthermore, to broaden the understanding, researchers have studied the global 3D 4D Technology market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.
3D 4D Technology Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.
Scope of the Report
- The use of this technology helps in generating accurate information before the final production, to avoid flawed outcomes, and thus, reduce production cost and time.
- 3D/4D technology, which was once used primarily for entertainment, is now increasingly being used across various industries such as healthcare, education and construction, in turn, driving the market. In addition to this, producing or manufacturing individualised parts and components, to cater to small-scale industry requirements, is significantly contributing to the growth of the current 3D/4D technology market.
Browse the Full report description and TOC at:
https://www.marketinsightsreports.com/reports/05202905417/3d-4d-technology-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=VIIIXX
Key Market Trends
Increasing Applications of 3D Printing Across Various End-user Industries
- 3D Printing or Additive Manufacturing (AM), also known as Rapid Manufacturing (RM) and Rapid Prototyping (RP), works by building up solid objects layer by layer in a manner similar to a 2D printer with the "printed" layers stacked on top of each other.
- A new technology or invention can be evaluated by considering its applications and positive influence on human life and society. The increase in the application of 3D printers is accelerating the rate of growth of the market. The use of 3D printers is spread across various industries. Automotive and aerospace industries hold a significant share of 3D printer applications.
- Prototyping is estimated to occupy 55% of the 3D printing market in the current scenario. It enables testing before sending the final designs to manufacturers, as well as provides a clear demonstration of the products for sales and collaborations.
Europe is expected to Follow North America in Market Share
- Americas is the major region for the growth of 3D and 4D technology in terms of revenues, followed by Europe. The market in Europe is witnessing substantial growth with the rapid adoption of 3D technology in applications, like healthcare, education, and consumer electronics.
- Healthcare expenditure is on the rise with more than 80% of it being publicly funded. In health care, 3D printing is used in reconstructive surgery. During the forecast period, the healthcare vertical is expected to witness lucrative growth as more 3D products are used for modeling and proper diagnosis.
- German multinational conglomerate company, Siemens is manufacturing products, like Orbic 3D with functionality for intraoperative 3D imaging in surgeries. Olympus is providing 3D imaging solution for clinical surgeries with more light-sensitive images and greater depth of field, along with the elimination of manual operating.
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: 3D 4D Technology Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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