resources around the globe are the major factors driving the market. High cost of printing technologies and programmable materials is the key restraint of the 4D printing market.
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In terms of region, the global 4D printing market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is projected to account for the dominant share of the global 4D printing market during the forecast period, led by the initialization of the 4D technological concept in the U. S. and growth in technological trends in the region. The region is likely to be followed by the Asia Pacific and Europe. There has been an increase in technological reforms in Asia Pacific since the last few years. This provides significant opportunities for any advancement, especially in the material management segment. High initial costs is expected to be the only hindrance to the growth of the 4D printing market in Asia Pacific. This factor is anticipated to be overcome by the vast consumer base in the region.
Key players operating in the global 4D printing market are Self-Assembly Lab: Massachusetts Institute of Technology, Stratasys Ltd., AutoDesk Inc., 3D Systems Inc., Hewlett Packard Company, Materialise NV, ExOne Corporation, and Organovo Holdings Inc. ARC Centre of Excellence for Electromaterials Science. MIT’ s Self-Assembly Lab, Stratasys’ Education, and AutoDesk Inc. are the pioneers in the advanced 4D printing technology.
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