Market Research Report
Asia Pacific 4D Printing Market Forecast 2019-2028
|Asia Pacific 4D Printing Market Forecast 2019-2028|
Published: July 27, 2020
Content info: 94 Pages
Delivery time: 2-3 business days
The Asia Pacific 4D printing market is predicted to evolve at a CAGR of 22.99% during the forecast period, 2019-2028. The expansion strategies carried out by the global companies are facilitating the growth of the market in the region. Emerging countries of the region are looking out for efficient and eco-friendly lifting technologies, which presents an opportunity for 4D printing companies, especially in the case of developing machines.
The Asia Pacific 4D printing market growth analysis entails the assessment of Japan, Singapore, South Korea, India, China, Australia & New Zealand, and the rest of Asia Pacific. In Japan, government initiatives include specific plans for incorporating cutting-edge technologies to solve economic and social problems. The country is prioritizing digitalization across several levels for future-proofing its economy. In India, Industry 4.0 is set to revolutionize the manufacturing, refurbishing, and designing of products. It further aims to fully digitize the manufacturing sector, supplemented by the power of big data, artificial intelligence & analytics, and high computing capacity.
In South Korea, the aerospace sector is considered as the potential domain for 4D printing. The rising demand for commercial and defense aircraft is fueling the need for the latest technologies like 4D printing. It is further estimated to propel the production processes, while ensuring quality.
Some of the prominent companies registering their presence in the market include, Envisiontec Inc, The ExOne Company, Massachusetts Institute of Technology, etc.
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