According to a new market research report "4D Printing Market by Material (Programmable carbon fiber, Programmable wood - Custom-Printed Wood Grain, Programmable Textiles), End-User Industry (Aerospace, Automotive, Clothing, Construction, Defense & Military, Healthcare and Utility) & Geography - Global Trends & Forecasts to 2019 - 2025", published by MarketsandMarkets, the total 4D Printing Market was valued at $63.0 Million in 2019 and is expected to reach $555.6 Million by 2025, at a CAGR of 42.98% from 2019 to 2025.
4D printing technology is expected to allow users to print objects by taking smart materials from a 3-D printer that reshape themselves or self-assemble over time. This technology is on the verge of commercialization and as the 3D printing techniques keep on growing the 4D Printing Market will experience moderate growth.
The report also covers key end user industries of the 4D printing market, which include aerospace, automotive, clothing, construction, defense & military, healthcare, utility. Among all sectors, the Military & Defense sector is expected to be the largest contributor to the overall 4D printing market, accounting for 55% share in 2019. Aerospace will follow military & defense industry and have 45% of market share in the year 2019.
The 4D printing market for different geographic regions including North America, Europe, Asia-Pacific, and the Rest of the World (RoW) has also been covered in the report. North America is expected to be the largest market for the 4D printing in 2019 with the highest CAGR of 44.01%.
Key players in this industry include 3D Systems Corporation (U.S.), Autodesk Inc. (U.S.), ExOne Co.(U.S.) ,Hewlett-Packard Co.(U.S.), Organovo Holdings Inc.(U.S.), Stratasys Ltd.(U.S.) among others.
www.marketsandmerkets.com
