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Smart Materials Market

Smart Materials Market: By Product (Piezoelectric Materials, Shape Memory Materials, Electro strictive Materials, Magneto strictive Materials), by Application (Actuators & Motors, Transducers, Sensors, Structural Materials) by Global Forecast till 2023

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Smart Materials Market

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  1. Smart Materials Market Report- Forecast 2023 Smart Materials Market Report-Forecast 2023 P a g e | 1 Copyright © 2017 Market Research Future.

  2. Smart Materials Market Report- Forecast 2023 VIEW REPORTS SAMPLE REPORTS P a g e | 2 Copyright © 2017 Market Research Future.

  3. Smart Materials Market Report- Forecast 2023 Summary Piezo-electric materials, by product segment accounted the largest share of the global smart materials market. Biomimetic materials held the second largest share of the smart materials market. However, thermally responsive materials segment is expected to expand at a moderate rate during the forecast period. Technology giants such as Noliac A/S (Denmark), Wright Medical Group, Inc. (U.S.), Channel Technologies Group (U.S.), LORD Corporation (U.S.) among others. Wright Medical Group N.V., a significant player in Smart Materials Market has announced the acquisition of IMASCAP SAS, a leader in the development of software-based solutions for preoperative planning of shoulder replacement surgery. The transaction ensures exclusive access to breakthrough software enabling technology and patents to further differentiate Wright's product portfolio and to further accelerate growth opportunities in Wright's global extremities business. Channel Technologies Group, LLC, a prominent player in smart materials market (“CTG”), a manufacturer of piezoelectric ceramics, transducers and complex sonar and navigation systems used in defense, medical and energy industries, announced it has acquired Materials Systems Inc. (“MSI”) located in Littleton, MA. MSI will become a wholly-owned subsidiary of CTG. Terms of the transaction were not disclosed. CTG is a portfolio company of Blue Wolf Capital Fund II, L.P. P a g e | 3 Copyright © 2017 Market Research Future.

  4. Smart Materials Market Report- Forecast 2023 Major Key Players: Some of the key players in the market: APC International (U.S.), Harris Corporation (U.S.), CeramTec (Germany), Kyocera Corporation (Japan), TDK Corporation (Japan), Noliac A/S (Denamrk), Wright Medical Group, Inc. (U.S.), Channel Technologies Group (U.S.), LORD Corporation (U.S.) among others. P a g e | 4 Copyright © 2017 Market Research Future.

  5. Smart Materials Market Report- Forecast 2023 Segmentation: By application segment it is observed that actuators & motors dominated the segment and are anticipated to remain the leading segment over the forecast period. The piezoelectric actuators has wide application in smartphones and wearable devices and are promoting the market growth due to vast shift in the market trend towards the efficiency of electronics, which, in turn, is expected to propel the smart materials market growth. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. P a g e | 5 Copyright © 2017 Market Research Future.

  6. Smart Materials Market Report- Forecast 2023 Regional Analysis: The global color detection market is studied for Asia Pacific, North America, Europe, and Rest of the World. It is observed that North America market was leading in the global smart materials market in 2016, owing to significant demand for smart actuators & motors in key industries such as automotive, consumer goods, and aerospace. Europe accounted for the second-largest share of the market due to presence well-established automotive industry followed by Asia Pacific market. Asia Pacific market is anticipated to exhibit a remarkable growth over the forecast period, owing to significant research activities supported by the government. P a g e | 6 Copyright © 2017 Market Research Future.

  7. Smart Materials Market Report- Forecast 2023 (Germany) are focusing on the digital utilities transformation. P a g e | 7 Copyright © 2017 Market Research Future.

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