Global Smart Materials Application and Technologies Market size, Industry Analysis, Market Share, Growth, Trends, Forecast 2012 - 2018

MarketResearchReports.Biz presents this most up-to-date research on "Smart Materials Application and Technologies Market - Global Industry Analysis, Market Share, Size, Growth, Trends, and Forecast, 2012 - 2018"

​The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.

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Smart materials are referred to materials whose properties can be modified according to the given requirements by means of stress, temperature, light, electric potential difference, pH or a strong magnetic field. There is wide range of smart material varieties with various properties that make a material well suited for a particular use. Some common examples of smart materials include piezoelectric materials, temperature responsive polymers, photomechanical materials, and dielectric elastomers among some others.

The global market for smart materials was estimated to be over USD 20 billion in 2011 and is expected to grow at a CAGR of over 12% from 2012 to 2018. The growth of the market is primarily driven by the growing demand for high performance materials which can be modified or changed according to the given requirements. However, growing concerns regarding the impact of smart materials on the environment is acting as one of the major factors hindering the growth of the market. The growing R&D to introduce new products in order to develop new applications for smart materials provides immense opportunities for the participants operating in the global market.

Actuators and motors make up the largest application segment for smart materials and accounted for approximately 55% of the overall market. This segment is expected to increase its overall share to over 64% by 2018. The global demand for smart materials in actuators and motors is expected to grow at a CAGR of over 15% from 2012 to 2018. The transducers segment, with approximately 32% of the market, is the second biggest application market for smart materials. The global demand for smart materials in transducers is expected to grow between a range of 5% to 6% from 2012 to 2018. Other applications of smart materials include structural materials and sensors.
Some of the major companies operating in the global market for smart materials include, but are not limited to, Advanced Cerametrics Inc., Kyocera, Artificial Muscle, Inc. (AMI), AMM Technologies, Metglas Inc, Aerofit Inc., Fine Tubes Ltd., Lord Corp., M-Biotech Inc., Nikon Corp., and Mitsubishi Industries.
This research report analyzes this market depending on its market segments, major geographies, and current market trends.

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Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
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It provides a technological growth map over time to understand the industry growth rate
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It helps in understanding the key product segments and their future
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