Military 4D printing market opportunity analysis & industry forecast from 2021 to 2027. The global market segmented by material, end use and region.
4D printing technology allows the printed objects to self-transform over time. In addition, these technological advances in 4D printing assist the military & defense sector. For instance, doctors use 4D printing to put self-transforming components into the patient’s body, thus minimizing the procedure involved in carrying out the surgery. Moreover, 4D printing remains intact after the external energy sources such as heat, pressure, energy, and others. Furthermore, the advancement in 4D printing technologies is further pushed by combining many technologies and integrating them to boost the materials’ performance.
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The key players analyzed in the report include 3D Systems Inc., Stratasys Ltd, Hewlett Packard Company, Organovo Holdings Inc., ExOne Corporation, Materialise NV, ARC Excellence Center for Electro materials Science, Norsk Titanium US Inc. Autodesk Inc., and MIT Self-Marketing Lab
COVID-19 scenario analysis:
Military 4D printing production is expected to be more agile after the end of COVID-19.
The supply chain disruption is expected to affect the future growth of the companies due to lockdown.
The revenue is not being generated for companies due to the ongoing pandemic, which is expected to result in major losses throughout the year.
Companies have to deal on a significant margin basis to revive the market.
A huge monetary loss has been accounted for in the revenue generation of the military 4D printing companies due to the lockdown.
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Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
The military & defense segment of many nations are escalating their investments in 4D printing with a motive to bolster their military infrastructure. In addition, constant advancements cover material science, new optimization, and simulation software capabilities, enabling a range of materials to be programmed to change their form, appearance, or other characteristics. The new material could vary from customized textile composites, carbon, fiber, wood grain, and others, providing unprecedented capacity to sense a simple material while programming and processing oneself. However, the structural design of the 4D printing technology, including both hardware and software sections appears to pertain as a major challenge for the market growth during the forecast period.
The global military 4D printing market trends are as follows:
Surge in military application to boost the product demand
The military & defense segment of various nations has been developing advanced printing technologies to assist soldiers in various combat missions and operations. Moreover, soldiers can have various camouflages that can adapt to different metals and environments. This also enhances the performance of tanks and trucks, thereby creating more demand. Moreover, 4D printing is increasingly being explored in the military segment for producing machinery, guns, and other defense technologies, which, in turn, is anticipated to boost the growth for the global military 4D printing market.
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Technological advancement in material to foster the market growth
Programmable carbon fiber features various advantages, such as tensile strength and low weight high fitness, making it suitable for many industrial applications. In addition, the heat activator can be independently transformed by printing active material on carbon fiber. Moreover, this does not require any complex electronics, sensors, or actuators.
Programmable textiles have boosted their applications in furniture design, product manufacturing, and shipping activities. In addition, new self-assembling and user interaction methods were also developed under programmable textiles and woods. Furthermore, the ability to print materials on stretched textiles in various waters enables the development of self-transformable structures that are pre-programmed and can be reconfigured.
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Source: EIN Presswire