Smart Materials Market - Analysis, Demand, Growth, Trends, and Forecast 2014 - 2020

1. Transparency Market Research Smart Materials (Product - Biomimetic Materials, Piezo- electric Materials, and Smart Hydrogels; Application - Actuators & Motors, Sensors, Transducers, Structural Materials, Sports and Leisure) - Global Industry Analysis, Growth, Trends and Forecast 2014 Published Date 2015-02-27 77 Page Report Request Sample Buy Now Press Release Global Smart Materials Market to Reach US$63.2 bn by 2020, Rising Demand for Piezoelectric Devices to Drive Growth Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com

2. Smart Materials Market REPORT DESCRIPTION Global Smart Materials Market: Snapshot Smart materials can be included in the category of reactive materials that change their properties as a response to changes in external environment. Possessing multiple physico- chemical properties that enable these materials to change as per the external stimuli, smart materials have the capacity to adapt to the changed environment via alteration of their properties. Smart materials undergo changes when in contact with elements such as temperature, magnetic or electric field, pH, mechanical stress, and light. As the change occurring in the properties of these materials is reversible, smart materials can be reused over and over. Sensitivity to change, easy adaption, and quick response are some of the major advantages of smart materials. This 77-page report gives readers a comprehensive overview of the Smart Materials market. Browse through 10 data tables and 20 figures to unlock the hidden opportunities in this market: http://www.transparencymarketresearch.com/smart- materials-market.html The global market for smart materials was pegged at US$27.7 bn in 2013 and is expected to keep expanding at a CAGR of 12.5% between 2014 and 2020. By the end of 2020, the market will have achieved a revenue worth US$63.28bn, predicts Transparency Market Research (TMR). Growing Demand for Smart Materials Catapults North America at the Fore 2 Transparency Market Research

3. Smart Materials Market North America led the global smart materials market in 2013. The region is expected to retain its dominant position over the forecast period as well. By 2020, the smart materials market in North America is expected to account for a share of 38.2% in the global market. In response to the increasing demand for piezo-electric based actuators and motors, the market is advancing at a rapid pace. The growing demand for mimetic materials and structural materials has been a major growth driver of the smart materials market in this region. The adoption of new methods in the domains of vibration control, environmental control, and monitoring of structural health is also responsible for the expansion of the smart materials market in this region. Europe is likely to emerge at the second position. Asia Pacific also promises considerable opportunities. It is expected to emerge as the fastest growing regional segment in the market. The region is home to several flourishing industries such as automotive, information technology, electronics, retail, aerospace and defense. Get accurate market forecast and analysis on the Smart Materials market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=4150 Piezo-electric Materials Lead Due to Rising Demand from IT, Robotics By product, the global market for smart materials has been segmented into thermally responsive materials, biomimetic materials, smart fluids, piezo-electric materials, and smart hydrogels. By revenue, the piezo-electric materials segment was the largest product segment in 2013. The 3 Transparency Market Research

4. Smart Materials Market growing demand from the robotics, information technology (IT), and automotive sectors is fuelling this segment. Piezoelectric devices exhibit high responsiveness, high precision, and high torque. As a result, they are increasingly adopted across several areas. The biomimetic materials are also expected to witness rising demand. By application, transducers, actuators and motors, sports and leisure, structural materials, mechanical structures, sensors, and energy harvesting devices are the key segments of the global market for smart materials. Of these, the actuators and motors segment emerged as the leading segment in the global smart materials market in 2013. The increasing deployment of actuators and motors by a number of end users is propelling the expansion of this application segment. The transducers segment also exhibits great potential for growth. The structural materials are witnessing rising demand from the developed economies of Europe and North America, therefore promising moderate growth. Channel Technologies Group, LLC, Kyocera Corporation, Advanced Cerametrics, TDK Corporation, CeramTec GmbH, CTS Corporation, APC International, Wright Medical Group, Inc., LORD Corporation, and Noliac A/S are some of the leading vendors operating in the global market for smart materials. About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. 4 Transparency Market Research

5. Smart Materials Market Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ 5 Transparency Market Research