![]() In addition to this, the increasing presence of industry 5.0 in the global market is estimated to drive the market growth over the forecast period. For instance, in January 2019, BASF Venture Capital, Materialize and Genesis Park led a USD 22 million Series A round of funding for the 3-D printing company Essentium.įor more information in the analysis of this report, visit: There have been numerous funding initiatives recently which are advancing this technology. The industry 4.0 includes additive manufacturing, also referred to as 3D printing. The global 4D printing market is anticipated to grow during the forecast period owing to growing demand and increasing investment in industry 4.0. Growing Demand for Industry 4.0 and Increasing Presence of Industry 5.0 to Drive Market Growth Automotive segment remains prominent in the End-user segment.Programmable carbon fiber segment to dominate the revenue graph.North America region gains the largest portion of the revenue.For instance, the primary motivation for introducing 4D printing technology in the field of orthopaedics is the ability of 4D printed orthopaedic implants to grow as the human body does. Moreover, technologies for the medical sectors are being developed as a result of 4D printing technology advances which in turn is predicted to drive the market growth during the forthcoming years. According to research reports by Congressional Research Service (CRS), global R&D spending increased from USD 677 billion to USD 2.2 trillion in 2019. The market's expansion can be ascribed to the various end-user industries' growing need for cutting-edge technologies and increasing investment in research and development (R&D) across the globe. By using 4D printing, a 3D printed object self-transforms in shape and material quality in response to environmental factors including immersion in water, exposure to heat, pressure, current, UV light, or some other source of energy that acts as the external stimuli. This enables a 3D structure to alter its functionalities and configurations, responding to stimuli. ![]() Improving the existing capabilities of 3D printing, 4D printing adds time to increase the dimensions from three to four. ![]() The global 4D printing market is estimated to grow at a CAGR of ~40% over the forecast period. Key market players and their detailed profiling. ![]() 2022 – 2031 which includes the following factors: 12, 2022 (GLOBE NEWSWIRE) - Research Nester has published a detailed market report on ‘ Global 4D Printing Market’ for the forecast period, i.e. ![]()
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