The worldwide 4D printing market is predicted to develop due to rising demand for industry 4.0 and the introduction of industry 5.0 in numerous industries. Various financing initiatives have boosted demand for 4D printing in the industry. For example, Essentium, a U.S.-based firm that provides solutions for the additive manufacturing industry, received $22 million in January 2019 to introduce its technology to the manufacturing industry. In addition, industry 5.0 is becoming accustomed to manufacturing individualized goods at reduced costs, with less material waste and lower energy usage, which is boosting market development. Rather than relying solely on traditional design procedures, Industry 5.0 technology has mostly focused on the production process. For example, the growing need for industry 5.0 technology in the aerospace sector is propelling the market expansion of 4D printing technology. The manufacturing process would be better automated with the aid of industry 5.0 technology, as opposed to humans, who would just focus on the aircraft design process. As a result, the worldwide 4D printing market will rise in the future.
COVID-19 has affected the majority of countries worldwide, and the majority of countries have declared lockdown. COVID-19 also has a big influence on the worldwide 4D printing business. Several sectors saw a dramatic shift in their operations as a result of the COVID-19 epidemic. This pandemic has harmed a variety of manufacturing businesses. In India, for example, PPE kits, face shields, and other medical equipment are in insufficient supply. To address the rising need for PPE kits, various medical firms throughout India have begun to use 4D printers to produce PPE kits and other medical equipment, resulting in a surge in demand for 4D printing technology.