According to the new research report from MarketsandMarkets,”3D Printing Market by Offering (Service and Printer); Process (Directed Energy Deposition and Power Bed Fusion); Technology (Selective and Direct Metal Laser Sintering); Application (prototyping and part manufacturing); End users (industrial and education) and Geography – Global Forecast to 2025. 3D Printing Market worth $42.9 billion by 2025 with a growing CAGR of 23.3%.”
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 (Aerospace, Automotive, Clothing, Construction, Defense, Healthcare & Utility) & Geography – Global Trends & Forecasts to 2019 – 2025 ”.
4D printing technology, being based on 3D printing technology, proposes a new business model to cater to this need of today’s businesses by lowering capital requirement, reducing time-to-market, and facilitating lower requirement of holding an inventory, thereby increasing the efficiency of the business.
Also, the self-transformation ability of 4D printed objects allows after-use-disposition of the object easier as it reacts to external stimuli, thus helping to maintain a sustainable environment in today’s situation of limited resources.
Published by MarketsandMarkets.
The total market is expected to reach $537.8 Million by 2025.