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Material Informatics Market worth $868.41 million by 2030, growing at a CAGR of 20.41% - Exclusive Report by 360iResearch
Material Informatics Market | 360iResearch
The Global Material Informatics Market to grow from USD 236.55 million in 2023 to USD 868.41 million by 2030, at a CAGR of 20.41%.
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The material informatics market encompasses developing and applying data-driven techniques, artificial intelligence (AI), and machine learning (ML) algorithms to discover novel materials, optimize existing ones, and predict their properties. The constant need for lighter-weight components with improved performance characteristics in various industries and collaborative efforts involving industry partners foster the growth of the material informatics market. However, organizations face challenges in adopting material informatics solutions due to the lack of skilled personnel or inadequate understanding of potential benefits. Furthermore, governments worldwide are increasingly promoting R&D initiatives in advanced materials through funding programs to boost technological innovations in strategic sectors, estimated to generate lucrative opportunities for material informatics in the future.
The Americas has a significant landscape in the material informatics market due to the presence of key players and strong material informatics research and innovation facilities, as the region has seen substantial public and private sector investment in research development activities. The EMEA region has a developed material informatics landscape due to strong ongoing research projects and programs to boost innovation within various sectors, including advanced materials science. The region's commitment to digitalization has led manufacturers to focus on integrating AI-driven computational methods for the predictive modeling of new materials. The APAC has observed a developing market space in the material informatics market due to its strong industrial base and expertise in material science, which has positioned it at the forefront of material informatics research. Growing emphasis on technology-driven development policies and rising usage of material informatics in the healthcare, energy, infrastructure, and manufacturing sectors have driven market growth in the APAC region.
Market Segmentation & Coverage:
This research report categorizes the Material Informatics Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Materials, market is studied across Chemicals and Elements. The Chemicals is further studied across Biomolecules, Dyes, and Polymers. The Elements is further studied across Alloys, Composites, Metals, and Superalloys. The Chemicals is projected to witness significant market share during forecast period.
Based on Application, market is studied across Alloy Development and Polymer Formulations. The Polymer Formulations is projected to witness significant market share during forecast period.
Based on End-Use, market is studied across Chemical & Pharmaceutical, Energy, Food Science, Manufacturing, and Materials Science. The Energy is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 42.14% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Material Informatics Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Material Informatics Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Material Informatics Market, highlighting leading vendors and their innovative profiles. These include BASF SE, Citrine Informatics, Dassault Systèmes SE, Elix, Inc., ENEOS Corporation, Exabyte Inc., Exponential Technologies Ltd., Hitachi, ltd., Kebotix, Inc., Mat3ra by Exabyte Inc., Materials Design, Inc., Materials Zone, OntoChem GmbH, Phaseshift Technologies Inc., Polymerize Private Limited, Preferred Networks, Inc., QuesTek Innovations LLC, Revvity Signals Software, Inc., Schrodinger, Inc., Simreka by Devtaar GmbH, TDK Corporation, Thermo Fisher Scientific, Inc., Tilde Materials Informatics, and Uncountable Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Material Informatics Market, by Materials
7. Material Informatics Market, by Application
8. Material Informatics Market, by End-Use
9. Americas Material Informatics Market
10. Asia-Pacific Material Informatics Market
11. Europe, Middle East & Africa Material Informatics Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Material Informatics Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Material Informatics Market?
3. What is the competitive strategic window for opportunities in the Material Informatics Market?
4. What are the technology trends and regulatory frameworks in the Material Informatics Market?
5. What is the market share of the leading vendors in the Material Informatics Market?
6. What modes and strategic moves are considered suitable for entering the Material Informatics Market?
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