An analysis by Triton Market Research has concluded that the European 4D printing market will expand at a CAGR of 22.66% during the forthcoming years 2019-2028.
The countries evaluated in the Europe 4D printing market are:
• Italy
• The United Kingdom
• Germany
• Russia
• France
• Spain
• Rest of Europe
As per the European Union, several developments are witnessed in the area of additive manufacturing, also called 3D printing and 4D printing, of components of car interiors. For instance, in Germany, Aachen University, Fraunhofer, the University of Düsseldorf and the University of Hamburg have joined hands for developing government-funded projects. In 2019, a European specialist healthcare investor, GHP (Global Healthcare Opportunities), raised approximately EUR 975 million, the largest healthcare fund in the region. This fund is expected to be utilized for the growth of untapped market opportunities in the industry of medical technology. Since 4D printing finds its applications in medical technology, the increasing amount of funding is likely to aid the regional market growth over the coming years.
In 2018, the EU set a new emissions measurement system that led to additional costs, as a number of old models were recertified. 4D printed engine components are anticipated to improve combustion, volume efficiency and power output. Hence, the new emissions measurement system has offered an opportunity to the automotive producers for the development of 4D printing market.
CT CoreTechnologie Group is a company providing computer-aided design interoperability solutions and services. It offers a wide range of products, including 3 Dimensions evolution, data conversion software, analyzer, among others. It also provides products like a 4D additive manufacturing software suite, that is able to read CAD from 24 different formats. The company is headquartered in Germany and has a vast geographical presence.
A few names in the 4D printing market are CT CoreTechnologie Group, Autodesk Inc, ExOne, EnvisionTEC Inc, Massachusetts Institute of Technology, Hewlett Packard Enterprise Development LP, Stratasys Ltd, Organovo Holdings Inc and Arc Centre of Excellence for Electromaterials Science (ACES).