Latin America: Brazil, Argentina, Mexico, and Rest of Latin America.North America held dominant position in the global 4D printing market during the forecast period.Īmong regions, North America held dominant position in the global 4D printing market in 2020, accounting for 41.6% share in terms of value, followed by Asia Pacific and Europe. This increasing demand of 4D printing in medical sector is fueling the market growth. For instance, in Italy, there is a shortage of medical equipment’s and PPE kits for the protection of the health workers in the hospitals. There are disruption in the supply chain of these medical equipment throughout the U.S., Europe, and India, and due to this there is a shortage of medical equipment and kits. During this time of social and economic despair, most of the healthcare industries are under stress due to shortage of beds and medical equipment’s. There is significant impact on the global 4D printing market, as healthcare industries has suffered a lot due to this pandemic. Due to COVID-19 pandemic, several industries witnessed significant shift in their business. However, the COVID-19 pandemic has decreased the demand for 4D printing in the healthcare industry. This has significantly impacted manufacturing sector, as the facilities across the globe were temporarily shut down. To combat COVID-19 pandemic, most of the countries implemented lockdown and are now easing it phase-wise and industry wise. Global 4D Printing Market - Impact of Coronavirus (Covid-19) PandemicĬOVID-19 has significantly disrupted almost all the industries including infrastructure, transportation, oil and gas, manufacturing, and others. These 4D printing products have lesser manufacturing, transportation, and handling costs, which in turn, would lead to the saving of resources and efforts, thereby sustaining the environment. Several companies have also started adopting these advanced 4D printing technologies in order to develop high quality products for the users. In addition, the growing need for reducing manufacturing and processing cost, owing to the high competition, is also fueling the market growth in the future. They have developed air inlet component that can transform in response to aerodynamic conditions to decrease air resistance. based research Lab worked with 4D printing technology in order to develop a solution that will cool its engines depending on temperature and other factors. For instance, in March 2016, Airbus SAS, a European based aerospace company announced partnership with MIT’s Media Lab, a U.S. The technology used in 4D technology develops materials that have the ability to change their behavior and properties based on change in temperature, pressure and so on. The 4D technology is the advance version of the 3D technology, which offers improved quality, efficiency, and performance capabilities over the traditional manufacturing techniques. The rising demand for innovation in 3D printing applications and considerable research & development is expected to drive the global 4D printing market growth during the forecast period. The global 4D printing market is expected to witness significant growth during the forecast period (2021–2028). Furthermore, increasing need for flexible objects in various applications such as adaptive wind turbines, self-folding packaging, and others, has created the emergence of 4D printing in the market. Thus the capability of objects to transform their structure over time by using the behavior of different materials is termed as 4D printing and it does not require human intervention in the process. With the help of 4D, the created 3D object possess the capability to change its shape by itself over the influence of external stimuli such as heat, light, electricity, magnetic field, and others. The introduction of the fourth dimension (4D) to the third dimension (3D) is known as 4D printing technology. Information and Communication Technology.
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