Triton Market Research, in its report on the 4D printing market in the Asia-Pacific region, concludes that it will grow at a CAGR of 23.16% in the forecasted period 2019-2028.
The countries studied in the Asia-Pacific 4D printing market are:
• South Korea
• China
• ASEAN countries
• Japan
• India
• Australia & New Zealand
• Rest of APAC countries
In 2018, researchers in China developed the first 4D printing technology for ceramics in the world. These objects are mechanically robust and have complex shapes. They find their applications in different industries, including electronics, telecommunications and space exploration. Japan is yet another lucrative market for 4D printed technology. Due to the frequent natural calamities, there is a great need for earthquake-resistant buildings in the country. International companies in this market are trying to expand their coverage in the Asia-Pacific region. For example, Adidas, a big sportswear making company, in November 2019, announced its plan to cease its two flagship companies that employ robots and 4D printing, in Germany and the US, and shift its manufacturing process to low-cost Asian countries.
The National 3D Printing Industry Development Promotion Plan was established in China, aiming at a high level of innovation and commercialization of 3D printing in the region. Due to this initiative, the Chinese market is witnessing huge capital investments from the government, research institutions and corporations in 3D printing technology. This increased funding is likely to accelerate the growth of additive manufacturing in China, and is thereby paving the way for technological advancements like 4D printing.
ExOne is a company providing 3D printed systems & services for manufacturers in different industry segments. It is involved in manufacturing and marketing 3D printing machines & products to its customers using 3D printing machines. It has a vast geographical reach and has a presence in different regions, including the Asia-Pacific. X1 160Pro is a binder jet 3D printing product provided by the company.
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).