Smart Materials Market - Forecasts from 2018 to 2023

January 2018 | 78 pages | ID: SC582EB8C6CEN
Knowledge Sourcing Intelligence LLP

Abstracts

Smart materials market is projected to witness a compound annual growth rate of 9.94% during the forecast period to reach a total market size of US$97.794 billion by 2023, increasing from US$38.401 billion in 2017. Smart materials are advanced materials that change properties according to the external stimuli such as temperature, magnetic fields, pH change, and mechanical stress. Growing adoption of piezoelectric devices across various end-use industries such as consumer electronics and automotive is one of the major drivers of smart materials market. Rising investment in R&D for developing artificial organs will significantly bolster the demand for smart materials in the coming years. Geographically, North America accounted for the major market share in 2017 due to early adoption of the technology in developed countries such as U.S. and Canada coupled with the high investment in R&D to develop smart materials for various industries.

Research Methodology

The report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segments which have been covered as part of the report.

Market Dynamics

This section provides comprehensive market dynamics through an overview section along with growth drivers, challenges and opportunities which exist in the current market. This section of the report also provides key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Smart Materials. Complete industry analysis has also been covered through Porter’s five forces model as a part of this report section.

Segmentation

Segments covered under the Smart Materials market report are as below:

By Type:
Piezoelectric
Magnetostrictive
pH sensitive
Thermo responsive
Biomimetic
Others
By Application:
Dampers
Heat transfer
Actuators & motors
Sensors
Others
By End-user industry:
Automotive
Aerospace and Defense
Industrial
Electrical and Electronics
Others
By Geography:
Americas
North America
South America
Europe Middle East and Africa
Europe
MEA
Asia Pacific
Market Players

Key industry players profiled as part of the report are KYOCERA Corporation, CTS Corporation, Channel Technologies Group, LLC, APC International, Ltd., LORD Corporation, TDK Corporation, and CeramTech GmbH

Contents

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Porter’s 5 Forces Analysis
4.6. Technology Overview
4.7. Industry Value Chain Analysis
4.8. Industry Regulations
4.9. Scenario Analysis

5. SMART MATERIALS MARKET FORECAST BY TYPE (US$ BILLION)

5.1. Piezoelectric
5.2. Magnetostrictive
5.3. pH sensitive
5.4. Thermo responsive
5.5. Biomimetic
5.6. Others

6. SMART MATERIALS MARKET FORECAST BY APPLICATION (US$ BILLION)

6.1. Dampers
6.2. Heat transfer
6.3. Actuators & motors
6.4. Sensors
6.5. Others

7. SMART MATERIALS MARKET FORECAST BY INDUSTRY VERTICAL (US$ BILLION)

7.1. Automotive
7.2. Aerospace and Defense
7.3. Industrial
7.4. Electrical and Electronics
7.5. Others

8. SMART MATERIALS MARKET FORECAST BY GEOGRAPHY (US$ BILLION)

8.1. Americas
  8.1.1. North America
  8.1.2. South America
8.2. Europe Middle East and Africa
  8.2.1. Europe
  8.2.2. MEA
8.3. Asia Pacific

9. COMPETITIVE INTELLIGENCE

9.1. Investment Analysis
9.2. Recent Deals
9.3. Strategies of Key Players

10. COMPANY PROFILES

10.1. KYOCERA Corporation
10.2. CTS Corporation
10.3. Channel Technologies Group, LLC
10.4. APC International, Ltd.
10.5. LORD Corporation
10.6. TDK Corporation
10.7. CeramTech GmbH