Market Research Report
North America 4D Printing Market Forecast 2019-2028
|North America 4D Printing Market Forecast 2019-2028|
Published: July 27, 2020
Content info: 101 Pages
Delivery time: 2-3 business days
The North America 4D printing market is projected to evolve at a CAGR of 28.66% during the forecast period, 2019-2028. The region hugely benefits from vast awareness in advanced technologies, which includes, in this context, 3D printing. The US is estimated to hold a considerable share of 3D printing facilities in the region.
The North America 4D printing market growth is assessed through the evaluation of Canada and the United States. The advancement in Industry 4.0 digital technology is transitioning the manufacturing and industrial world in a significant manner in Canada. However, the companies in the country are yet to exhibit swiftness in adopting advanced technologies. This is as per the finding of the 2020 Advanced Manufacturing Survey. The costs and return on investment are making the manufacturers stick to the traditional methods.
In the United States, companies are making considerable investments in technology. NASA developed an intelligent metallic fabric using 4D printing. It will be used as a shield for antennas and spacecraft for protection against the impact of meteorites. Further, in the healthcare sector, the researchers have achieved success in 4D printing applications. The MIT scientists developed a shape-shifting material in January 2020. It is majorly a 4D material that morphs into a human face. 4D printing technology is also set to impact the development of new therapeutics. The researchers associated with UNY ASRC developed a 4D printer that can construct patterned surfaces, which recreate the complexity of cell surfaces. They are also projected to be utilized vastly in several applications like biosensor development, advanced optics, and drug research.
Some of the key companies in the market include, Stratasys Ltd, Hewlett Packard Inc, Ct Core Technologie Group, Autodesk Inc, etc.
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