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By 2024, 4D Printing Market in Programmable Carbon Fiber Materials are Excepted to Witness a High Growth

Author : Ronak Bora | Published Date : 2019-04-09 

The 4D Printing Market report add detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the industry based on product segment, technology, end user segment and region.

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.

The rising focus of companies on ensuring a sustainable environment is expected to drive the 4D printing market growth. Several companies have started applying the technology to manufacture and design products for the long run as a 4D printed product would help sustain less handling, transportation, and manufacturing costs, thereby saving efforts and resources. Over the years, the technology will be available to individuals, institutions, and professionals’ due to the unceasing developments, which will increase the demand and sales for 4D printing market.

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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. These players are projected to witness high competition with a significant rise in the number of players.

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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.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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