Smart Materials Market Industry Size, Share, Growth, Trends, Statistics And Forecast 2014 – 2020

Posted June 19, 2015 by Parmar

MRRSE.Com announces addition of new report"Smart Materials Market Industry Size, Share, Growth, Trends, Statistics And Forecast 2014 – 2020"to its database

In the interminable arc of technological progression achieved by humans since the dawn of time, a dramatic innovation has now emerged that is close to shutting the gap between physical objects and technology: smart materials.

Browse the full Global Smart Materials Market Report :

The capabilities of smart materials are exceptional. Smart materials are making it easier than ever before to connect, communicate, and automate our lives. Imagine being able to choose walls that change their color depending on the temperature, windows that turn opaque, and pianos that can be rolled back into the wall, on their own.
Some of the applications of smart materials may have been the realm of science fiction till not that long ago, but are now slowly but steadily entering the mainstream global technological scenario.
Smart materials, simply put, are materials that exhibit smart behavior. A smart material can perceive a stimulus in its surroundings and produce a reaction in a useful, dependable, duplicable, and usually reversible fashion.

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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

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 Global Piezoelectric Devices Market Revenue, 2013 - 2020 (US$ Bn)
3.3.2 Burgeoning Artificial Organ and Bionics Industry is Boosting Smart Materials Market 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 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
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
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)

The external stimulus bringing about a change in the property of the materials may be a change in temperature, stress such as pressing or bending, light intensity alteration, contact with moisture, electric potential difference, pH of a chemical solution, or strong magnetic field.
The induced change in the physical or chemical properties of smart materials could be in the form of shape, luminescence, color, conductivity, and mechanical displacement.

A Market Research Reports Search Engine study finds that the global smart materials market is set to be worth US$63.28 billion by 2020, increasing from US$27.74 billion in 2013 at a CAGR of 12.5% between 2014 and 2020.

Browse the full Press Release of Smart Materials Market :

The market study touches upon the factors that hold significant promise for the growth of the global smart materials market:
• Extensive end-use applications such as structural materials, sensors, transducers, and actuators and motors, and upcoming applications like smart packaging, sports and leisure, and energy harvesting devices is helping the strong growth rate of the smart materials market.
• The actuators and motors segment dominated the smart materials market and will continue to do so in the near future.
• Thriving bionic and artificial organ sector in the healthcare industry is expected to boost demand for smart materials.
• Beneficial features of piezo-electric devices, such as energy efficiency, high accuracy, high torque, and high responsiveness will enhance the application of the same in medical devices, information technology and robotics, automotive, information and communication, and consumer goods.
• Due to the dynamism of the smart materials market and its close interrelations with the material science industry, top players operating in the smart materials market usually also have a presence in other markets, adding to the value and potential of the smart materials market.
• Economic development and overall technological advancement in North America is set to account for major demand for smart materials.
Further R&D is required for the smart materials to truly gain mainstream status, like any other groundbreaking technological innovation. However, growth prospects for the market are promising and the market is set to develop along a steady growth trajectory in the coming years.

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Last Updated June 19, 2015