Smart Materials Market to Reach US$63.2 bn by 2020, Rising Demand for Piezoelectric Devices to Drive Growth

Transparency Market
Research
Smart Materials Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2014 - 2020
Published Date
27-Feb-2015
77 Page Report
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Press Release
Global Smart Materials Market to Reach US$63.2 bn by 2020,
Rising Demand for Piezoelectric Devices to Drive Growth :
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Smart Materials Market
REPORT DESCRIPTION
Smart Materials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 2020
Transparency Market Research has released a new report, titled “Smart Materials Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” providing a comprehensive overview of
the global smart materials market, covering the various factors influencing the market between 2014 and 2020.
Browse the full Smart Materials (Biomimetic Materials, Piezo-electric Materials, Thermally Responsive
Materials and Others) Market for Actuators & Motors, Sensors, Transducers, Structural Materials, and
Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
report at : http://www.transparencymarketresearch.com/smart-materials-market.html
The rising popularity of piezoelectric devices is one of the key factors driving the global smart materials market.
Piezoelectric devices are used for various purposes across industries such as security and defense, industrial
equipment, aerospace, defense and security, medical, automotive, commercial sonar, home goods, and power
generation and flow monitoring.
Smart materials refer to a class of reactive materials that change a few of their properties in response to
changing external environment conditions. These materials possess unique properties that can be changed or
altered. Smart materials can sense the change in their external environment and respond to it accordingly by
altering their properties. However, the response of smart materials to the changing environment varies,
depending on their chemical composition.
The report pegs the overall value of the global smart materials market at US$27.7 bn in 2013. Rising at a
robust CAGR of 12.5% between 2014 and 2020, the market is anticipated to reach US$63.2 bn by the end of
2020. The smart materials market is poised to significantly benefit from the rapidly expanding artificial organ
and bionics industry.
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Smart Materials Market
Based on product, the report segments the global smart materials market into thermally responsive materials,
piezoelectric materials, biomimetic materials, and others. Of these, the piezoelectric segment dominated the
market in 2013. The report covers the various factors leading to the dominance of this segment. The segment
is also anticipated to continue leading the market over the next few years.
In terms of application, the market is segmented into transducers, structural materials, actuators and motors,
sensors, and others. By volume, the actuators and motors segment held the largest share in the market in
2013, accounting for over 54%. The transducers segment held the second largest share in the market,
however, it is expected to register sluggish growth over the forecast period.
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Regionally, the global smart materials market is segmented into Asia Pacific, Europe, North America, and Rest
of the World (RoW). Among these regions, North America dominated the global smart materials market in
2013, accounting for a share of 38%. However, during the forecast period, the report expects Asia Pacific to
exhibit the fastest CAGR as a regional market for smart materials.
To provide a holistic overview of the prevailing competitive landscape of the market, the report also
profiles companies such as TDK Corporation, CTS Corporation, Wright Medical Group, CeramTec, NOLIAC
A/S, Kyocera Corporation, APC International, Channel Technologies, LORD Corporation, and Advanced
Cerametrics.
This report segments the global smart materials market as follows:
Smart Materials Market - Product Segment Analysis
•
Biomimetic materials
•
Piezo-electric materials
•
Thermally responsive materials
•
Others (including smart fluids, smart hydrogels etc.)
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Smart Materials Market
Smart Materials Market - Application Analysis
•
Actuators & motors
•
Sensors
•
Transducers
•
Structural materials
•
Others (including sports & leisure, energy harvesting devices, mechanical structures etc.)
Smart Materials Market - Regional Analysis
•
North America
•
Europe
•
Asia Pacific
•
Rest of the World (RoW)
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Research Description
1.2 Market Segmentation
1.2.1 Global Smart Materials Market Segmentation, by Product, Application and Region
1.3 Research Scope
1.3.1 Assumptions
1.4 Research Methodology
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Smart Materials Market
Chapter 2 Executive Summary
2.1 Global Smart Materials Market, 2013 – 2020 (US$ Mn)
2.2 Global Smart Materials Market Snapshot, 2013 and 2020
Chapter 3 Smart Materials – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Rising Piezoelectric Devices Usage Set to Drive Global Smart Materials Market
3.3.1.1 Global Piezoelectric Devices Market Revenue, 2013 - 2020 (US$ Bn)
3.3.2 Burgeoning Artificial Organ and Bionics Industry is Boosting Smart Materials Market
3.3.2.1 Global Artificial Organ and Bionics Market Revenue, 2013 – 2020 (US$ Bn)
3.4 Restraints
3.4.1 Challenges in Transforming Research and Development of Smart Materials to End-use Applications
Inhibits the Global Market Growth
3.5 Opportunities
3.5.1 Increasing Number of End-use Applications
3.5.1.1 Global Energy Harvesting Device Market Revenue, 2013 – 2020 (US$ Mn)
3.6 Porter’s Five Forces analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
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Smart Materials Market
3.6.3 Threat of New Entrants
3.6.4 Threat from Substitutes
3.6.5 Degree of Competition
3.7 Smart Materials: Market Attractiveness Analysis, by Application
3.7.1 Smart Materials: Market Attractiveness Analysis, by Application
Chapter 4 Smart Materials Market – Product Segment Analysis
4.1 Global Smart Materials Market: Product Segment Overview
4.1.1 Global Smart Materials Market Revenue Share, by Product Segment, 2013 and 2020
4.2 Biomimetic Materials
4.2.1 Global Biomimetic Materials Market Revenue, 2013 – 2020 (US$ Mn)
4.3 Piezo-electric Materials
4.3.1 Global Piezo-electric Materials Market Revenue, 2013 – 2020 (US$ Mn)
4.4 Thermally Responsive Materials
4.4.1 Global Thermally Responsive Materials Market Revenue, 2013 – 2020 (US$ Mn)
4.5 Others
4.5.1 Global Other Smart Materials Market Revenue, 2013 – 2020 (US$ Mn)
Chapter 5 Global Smart Materials Market – Application Analysis
5.1 Global Smart Materials Market: Application Overview
5.1.1 Global Smart Materials Market Revenue Share, by Application, 2013 – 2020
5.2 Actuators & Motors
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Smart Materials Market
5.2.1 Global Smart Materials Market for Actuators & Motors, 2013 – 2020 (US$ Mn)
5.3 Sensors
5.3.1 Global Smart Materials Market for Sensors, 2013 – 2020 (US$ Mn)
5.4 Transducers
5.4.1 Global Smart Materials Market for Transducers, 2013 – 2020 (US$ Mn)
5.5 Structural Materials
5.5.1 Global Smart Materials Market for Structural Materials, 2013 – 2020 (US$ Mn)
5.6 Others
5.6.1 Global Smart Materials Market for Other Applications, 2013 – 2020 (US$ Mn)
Chapter 6 Global Smart Materials Market – Regional Analysis
6.1 Global Smart Materials Market: Regional overview
6.1.1 Global Smart Materials Market Share, by Region, 2013 and 2020
6.2 North America
6.2.1 North America Smart Materials Market Revenue, by Product Segment, 2013 – 2020 (US$ Mn)
6.2.2 North America Smart Materials Market Revenue, by Application, 2013 – 2020 (US$ Mn)
6.3 Europe
6.3.1 Europe Smart Materials Market Revenue, by Product Segment, 2013 – 2020 (US$ Mn)
6.3.2 Europe Smart Materials Market Revenue, by Application, 2013 – 2020 (US$ Mn)
6.4 Asia Pacific
6.4.1 Asia Pacific Smart Materials Market Revenue, by Product Segment, 2013 – 2020 (US$ Mn)
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Smart Materials Market
6.4.2 Asia Pacific Smart Materials Market Revenue, by Application, 2013 – 2020 (US$ Mn)
6.5 Rest of the World (RoW)
6.5.1 RoW Smart Materials Market Revenue, by Product Segment, 2013 – 2020 (US$ Mn)
6.5.2 RoW Smart Materials Market Revenue, by Application, 2013 – 2020 (US$ Mn)
Chapter 7 Company Profiles
7.1 Advanced Cerametrics, Inc.
7.2 APC International, Ltd.
7.3 LORD Corporation
7.4 CeramTec GmbH
7.5 Channel Technologies Group, LLC
7.6 CTS Corporation
7.7 Kyocera Corporation
7.8 NOLIAC A/S
7.9 Wright Medical Group, Inc.
7.10 TDK Corporation
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Smart Materials Market
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The report pegs the overall value of the global smart materials market at US$27.7 bn in 2013. Rising at a robust CAGR of 12.5% between 2014 and 2020, the market is anticipated to reach US$63.2 bn by the end of 2020. The smart materials market is poised to significantly benefit from the rapidly expanding artificial organ and bionics industry.

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