Today: November 24, 2017, 3:22 am
  
Business

Smart Materials Market Analysis & Key Trends 2020

Smart Materials Market Analysis & Key Trends 2020
PR-Inside.com: 2017-11-14 14:48:47
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.

Read Report Overview @ 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.

Request Sample Report @ www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_ ..

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.

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.

Request Smart Materials Market Report Brochure @ www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_ ..

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.

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.

Buy Smart Materials Market Research Report @ www.transparencymarketresearch.com/checkout.php?rep_id=4150<yp ..

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.

Press Information
Transparency Market Research
Transparency Market Research

State Tower,

90 State Street,

Suite 700,

Albany NY – 12207

United States

Rahul Singh
Marketing Head
+1-518-618-1030
email
www.transparencymarketresearch.com


# 489 Words
Related Articles
More From The Author
Microcrystalline Cellulose Market Value Chain Analysis and [..]
Transparency Market Research announces the release of a new research report, titled “Microcrystalline Cellulose Market - [..]
Coated Paper Market Segmentation and Company Analysis [..]
Transparency Market Research has published a new report titled "Coated Paper Market - Global Industry Analysis, Size, Share, [..]
Medical Superabsorbent Polymers Market Trends and Key [..]
Transparency Market Research has published a new report titled “Medical Superabsorbent Polymers (SAP) Market - Global Industry [..]
Dimethyl Ether Market Growth, Analysis 2020
Transparency Market Research has published a new report titled “Dimethyl Ether Market by Raw Material Types - Global & [..]
Caustic Soda Market Analysis & Key Trends [..]
Transparency Market Research has published a new report that presents an executive-level blueprint of the global caustic soda [..]
 
More From Business
SEMAFO Mourns Passing of Board Chairman Jean [..]
MONTREAL, Nov. 23, 2017 (GLOBE NEWSWIRE) -- SEMAFO (TSX:SMF) (OMX:SMF) announces with sadness the passing of Mr. Jean Lamarre, Chairman [..]
Premier to join industry leaders at BDA [..]
HAMILTON, Bermuda, Nov. 23, 2017 (GLOBE NEWSWIRE) -- Premier David Burt will join more than two-dozen Bermuda executives in a [..]
ATOS : The Atos Quantum Programme Scientific [..]
Paris, 23 November 2017 - Atos, a  global leader in digital transformation, today held the Scientific Council of "Atos Quantum", [..]
G4S plc UK DK : AMAG's seamless [..]
  Yale University, one of the world's best known and oldest Ivy League institutions, has carried out - almost unnoticed [..]
Crown Bioscience and Data Sciences International (DSI) [..]
SANTA CLARA, Calif., Nov. 23, 2017 (GLOBE NEWSWIRE) -- Crown Bioscience, a wholly-owned subsidiary of Crown Bioscience International [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.