North America 3D 4D Technology Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 15.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America 3D 4D Technology Market Analysis
The North America 3D 4D Technology Market is expected to reach a CAGR of 15.5% during the forecast period. The market is generating growth as a result of the gaming and entertainment industry's expanding market. The rising need for computer-based graphics and conventional special effects filmmaking methods for movies with 3D and 4D motion pictures and interactive impact will drive the demand for 3D and 4D technology.
- The necessity for 3D printing to aid the disrupted supply chain, firms' moves to improve the variety and range of products to be printed in the long term, and companies' moves toward developing a digital inventory are all factors that will drive the post-COVID-19 3D printing market growth. In a long time, businesses will have to adopt new strategies and make dramatic adjustments to ensure that they do not find themselves in a scenario similar to what they are currently facing due to a future pandemic. As a result, 3D printing is an essential aspect of enterprises' digitalization initiatives, which are expected to speed up in the future.
- The strong presence of market leaders, such as Autodesk Inc. and PhotoModeler Technologies in North America, gave the region a dominant position in the global market. In the healthcare segment, with the increasing health issues, researchers and players continuously develop discoveries in the membrane protein, with inventions through 3D reconstruction and new theories in the anatomy part.
- Similarly, the technological advancements in 4D printing are resulting in the development of technologies in the medical sector. For instance, doctors use 4D printing to minimize surgery procedures to place self-transforming components into the patient's body. Owing to the COVID-19 outbreak, the rate of new hospitalizations declined by 50% in the United States.
- Realistic movies with 3D and 4D motion images and interactive effects are increasingly popular in the entertainment sector. With recent advancements in 3D animation and computer-based graphics, 3D has become the industry standard for special effects. In recent years, 3D animation in films has surpassed both physical products and hand-drawn animation in terms of popularity. Visual effects (VFX) are also commonly utilized in films to create a more realistic setting. Movies increasingly employ 4D technology to provide an immersive, multi-sensory cinematic experience.
- 3D and 4D imaging devices, such as 3D and 4D sensors and cameras, are sensitive to dust, microparticles, and impurities. A slight disturbance affects the quality of the image; hence, these devices require special care, and the 3D and 4D costs depend on the size and complexity of the image, which might challenge the market growth.
- According to the US Department of Defence, the outbreak of COVID-19 is affected the cost, schedule, and performance of many DoD contracts, and such impact is beyond the contractor's control. As the USAF and the US military are investing in 4D printing technology, mainly to bolster infrastructure, while establishing American airpower as a prominent player in the industry, the COVID-19 outbreak is projected to impact the development of 4D printing in the region.
North America 3D 4D Technology Market Trends
This section covers the major market trends shaping the North America 3D 4D Technology Market according to our research experts:
Healthcare is Expected to Hold Prominent Market Share
- With the increasing technology integration in the medical field and the growing manufacturing industry, the demand for 3D reconstruction is expected to increase significantly. Furthermore, with new inventions in the field of spatial recognition by the players, and the application usage in media and films, 3D reconstruction inhibits profitable growth. The market is supported by end-users ready to pay premium prices for upgraded services, which support the initial adoption rate.
- It is expected that in the United States alone, close to 200,000 amputations are performed each year, with prosthetics priced from USD 5,000-USD 50,000; replacement or alterations can be time-consuming and expensive. AM technology is regularly used to produce patient-specific components of prosthetics that match perfectly with the user's anatomy. The ability to produce complex geometries from various materials has resulted in AM being adapted at the locations where prosthetics are in contact with a patient.
- Growing incidences of chronic illnesses leading to organ and tissue transplants and the limited number of organ donors are some of the primary factors driving the market growth. According to the US Food and Drug Administration (US FDA), 3D printers are already being relied on to manufacture medical equipment and surgical devices that match a patient's unique body type or anatomical requirements. The specialized surgical equipment enables doctors to treat the individual needs of their patients more effectively and efficiently.
- Moreover, US medical device expansion opportunities come from specific key ongoing policies and activities. For example, the Radiological Society of North America (RSNA) launched the 3D Printing Special Interest Group (SIG). It had set up several committees to work in different areas to support radiology-centered, hospital-based, point-of-care 3D printing to impact more patients. The rooms include prosthetics, anaplastology, regulatory and compliance, and simulations.
3D Printer is One of the Factor Driving the Market
- 3D printers are utilized in a wide range of industries, including aerospace, health, education, and non-custom prototyping. Both the commercial sector and the federal government have backed these 3D printing uses. The National Science Foundation has provided financing for basic and applied research and research and development from mission organizations such as the Department of Defense, the National Institutes of Health, and the National Aeronautics and Space Administration.
- The National Additive Manufacturing Innovation Institute (also known as America Makes) is the flagship institute of the Manufacturing USA initiative and has provided substantial federal funding for additive manufacturing. This collaboration between industry, academia, and the government aims to "[accelerate] the adoption of additive manufacturing technology in the United States to boost American manufacturing competitiveness." Hundreds of millions of dollars have been invested in both public and private 3D printing-related firms and research and development in recent years.
- Medical research and the outcomes of complex operations and particularly difficult cases can benefit from 3D printing. Both Chinese and American researchers have 3D-printed models of dangerous tumors to aid in the discovery of novel anti-cancer medications and better understand how tumors develop, grow, and spread. "Bioprinted cancer models can even approximate the 3D heterogeneity of real tumors.
- In comparison to other manufacturing techniques, 3D printing is unusual in that the time and expenses involved in fabrication are independent of the complexity of the product. Instead, the weight of the materials being deposited in the device determines the lead time. As a result, prototype and completed product fabrication timeframes are extremely predictable. 3D printing reduces repetitive etching, pressing, drilling, and finishing operations during the production of complicated electrical devices, notably multilayer PCBs. A fully working board can be printed in less time than a traditional technique with the correct additive manufacturing technology and process.
North America 3D 4D Technology Industry Overview
North America is the leading market as it has many new investments in the research and development of 3D/4D technology and therefore is a moderately fragmented market. The key market participants of this technology are Dolby Laboratories Inc., Sony Corporation, Panasonic Corporation, 3D Systems, and Stratasys Inc.
- November 2022 - 3D Systems Corporation & ALM announced they have entered into a partnership to expand access to industry-leading 3D printing materials. With this partnership, ALM will add 3D Systems' DuraForm PAx material to its portfolio, providing its customers access to a unique copolymer designed explicitly for use with available Selective Laser Sintering (SLS) technologies to accelerate materials adoption, and drive additive in the manufacturing industry growth.
North America 3D 4D Technology Market Leaders
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3D Systems Corporation
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Dolby Laboratories, Inc.
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LG Electronics Inc.
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Samsung Electronics Co., Ltd.
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Barco N.V.
*Disclaimer: Major Players sorted in no particular order
North America 3D 4D Technology Market News
- October 2022 - FARO launched Focus Core Laser Scanner for application-specific insights. Focus Core uniquely serves the company's key markets in construction, building operations, and public safety and is ideal for beginning a customer's 3D capture experience.
- July 2022 - Carl Zeiss Meditec partnered with Precise Bio to develop 4D bio-fabricated corneal transplants for diseases requiring endothelial keratoplasty and natural lenticular transplants for treating keratoconus and vision correction and also to develop breakthrough solutions for recovering patients' eyesight, bringing hope to hundreds of millions of patients.
- February 2022 - Coda Octopus launched a 3D Touch Controller solution integrated within the company's software suite of products and brings significant simplification, intuitiveness, effectiveness for repetitive interactive tasks, and pre-defined solutions such as cable laying, block placements, and bridge inspections.
North America 3D 4D Technology Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Consumers
4.3.2 Bargaining Power of Suppliers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. Technology Snapshot
5.1 Trends in 3D Technology
5.2 Trends in 4D Technology
5.3 Applications of 3D/4D Technology
6. MARKET DYNAMICS
6.1 Market Drivers
6.1.1 Increasing applications of 3D printing
6.1.2 Increased investment in R&D expected to boost market growth
6.2 Market Restraints
6.2.1 High Product Associated Costs and availability of 3D printing materials
6.2.2 Lack of 3D Content
6.3 Market Opportunities
6.3.1 Growing advancement in 4D Technology
6.3.2 Increasing usage of 3D Technology in Healthcare
6.3.3 Increasing adoption of auto stereoscopic display in 3D advertising
7. MARKET SEGMENTATION
7.1 By Application
7.1.1 Electrical & Electronic Components (IC, Transistors, Sensors Etc)
7.1.2 3D Printer
7.1.3 3D Gaming Console
7.1.4 3D Imaging
7.1.5 3D Displays
7.1.6 Other Applications
7.2 By Industry
7.2.1 Healthcare
7.2.2 Entertainment & Media
7.2.3 Education
7.2.4 Government
7.2.5 Industrial
7.2.6 Consumer Electronics
7.3 By Country
7.3.1 United States
7.3.2 Canada
8. North America 3D/4D Technology - Vendor Market Share Analysis
9. COMPETITIVE LANDSCAPE
9.1 Company Profiles
9.1.1 3D Systems Corporation
9.1.2 Dolby Laboratories, Inc.
9.1.3 LG Electronics Inc.
9.1.4 Barco N.V.
9.1.5 Samsung Electronics Co., Ltd.
9.1.6 Autodesk, Inc.
9.1.7 Stratasys, Inc.
9.1.8 Panasonic Corporation
9.1.9 Sony Corporation
9.1.10 Dreamworks Animation SKG, Inc.
- *List Not Exhaustive
10. INVESTMENT ANALYSIS
11. FUTURE OF THE MARKET
North America 3D 4D Technology Industry Segmentation
Animation movies, motion pictures, displays, imaging, and other items have all embraced 3D technology, which has now expanded to include other tasks, including three-dimensional modeling and designing. With the use of 3D technology, viewers can encounter a unique form of experience that gives the illusion of depth awareness. There are many products and uses for 3D technology, including 3D printers, 3D displays, 3D movies, 3D cameras, and 3D animation.
The North America 3D 4D Technology Market is Segmented By Application (Electrical & Electronic Components (IC, Transistors, Sensors Etc), 3D Printer, 3D Gaming Console, 3D Imaging, 3D Displays), Industry (Healthcare, Entertainment & Media, Education, Government, Industrial, Consumer Electronics), and Country.
The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
| By Application | |
| Electrical & Electronic Components (IC, Transistors, Sensors Etc) | |
| 3D Printer | |
| 3D Gaming Console | |
| 3D Imaging | |
| 3D Displays | |
| Other Applications |
| By Industry | |
| Healthcare | |
| Entertainment & Media | |
| Education | |
| Government | |
| Industrial | |
| Consumer Electronics |
| By Country | |
| United States | |
| Canada |
North America 3D 4D Technology Market Research FAQs
What is the current North America 3D 4D Technology Market size?
The North America 3D 4D Technology Market is projected to register a CAGR of 15.5% during the forecast period (2024-2029)
Who are the key players in North America 3D 4D Technology Market?
3D Systems Corporation, Dolby Laboratories, Inc., LG Electronics Inc., Samsung Electronics Co., Ltd. and Barco N.V. are the major companies operating in the North America 3D 4D Technology Market.
What years does this North America 3D 4D Technology Market cover?
The report covers the North America 3D 4D Technology Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America 3D 4D Technology Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America 3D 4D Technology Industry Report
Statistics for the 2024 North America 3D 4D Technology market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America 3D 4D Technology analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
