Like smartphones and medium format, any reasons for FF/APS-C not to switch to 4:3 aspect ratio ?
Will there be lot of resistance ? or a technical hurdle ?
As I posted on a different topic recently, this ship has sailed:

Okay, it's still a Barque, not a ship.
Resistance? Well, you only have to read this thread get your answer. There were debates over aspect ratios in the era of tintypes and every technology since. I will say that a square format makes a lot of sense if you are using a waist level finder, but beyond that they are all compromises that will work better for some subjects than others.
Technical hurdles? Not really, as long as you realize that it wouldn't be "FF" or "APS-C" anymore. It would have been no more expensive to build 17x22.7mm sensors into 35mm film camera based systems than it was 16x24mm. Lenses designed for 35mm film would still work, and lenses designed for the new format could get away with a fractionally smaller image circle.
So-called full frame, though, would have been a bit more of a challenge, since manufacturers wouldn't be able to adapt bits from 35mm film cameras quite as easily. In addition, some legacy lenses had rectangular masks and wouldn't be compatible, and most lenses with "petal-style" lens hoods would need new hoods. None of that is difficult, but it would have taken time and money.
So assuming that the general public would have preferred a 4:3 ratio, and that's a huge assumption, why didn't it happen 20+ years ago? In large part because Nikon and Canon were and are large companies with lots of corporate inertia. So was Kodak. They were used to selling gear with a 3:2 aspect ratio and didn't look very hard for a reason to change. Whether they were correct in that assessment I can't say. On one hand, for literally decades NIkon has underestimated photographers' willingness to embrace new technology. On the other hand, when Hasselblad introduced its H1 camera, there was substantial pushback against the 645 format.
After Canon decided to stay with their 1.6x crop factor for the Digital Rebel and dSLR's became mainstream, it was too late to reconsider that decision.
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