Industry Insights
The global Smart Materials market is expected to grow at an anticipated CAGR of 7.3% over the forecast period. Other terms used to identify smart materials are shape memory materials and shape memory technology. The growth in electronics industry has spurred a rise in demand for smart materials.
The global Smart Materials market is segmented on the basis of Type and Application. The global Smart Materials market is segmented based on Type as Piezoelectric materials., Electrostrictive materials., Magnetostrictive materials., Shape memory materials., Smart fluids., Smart hydrogels., Electrochromic materials., Phase change materials., and Others. Based on Application the global Smart Materials market is segregated as actuators & motors, transducers, Sensors, structural materials, and Others.
The regional outlook on the global Smart Materials market covers regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Materials market for each region is further bifurcated for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Landscape
The market is unorganized in regions such as Asia Pacific but is organized In Europe and other developed regions of the world. The global Smart Materials market is highly competitive in nature with major players including Harris, Murata, Solvay, Johnson Matthey, Arkema, Meggitt Sensing, Kyocera, Piezo Kinetics, Gentex Corporation, Saint-Gobain (Sage Glass), View, Chromogenics, Lcr Hallcrest, Nitinol Devices & Components, Saes Getters, G.Rau, Ati Wah-Chang, Fort Wayne Metals, and others. The report covers competitive analysis on the key market share holders. The companies are focused on several expansion and growth strategies to enhance their footprint in the Smart Materials market. Market players are also involved in value chain integration gain competitive advantage.
Report Scope:
The Smart Materials market report scope covers the in-depth business analysis considering major market dynamics, forecast parameters, and price trends for the industry growth. The report forecasts market sizing at global, regional and country levels, providing comprehensive outlook of industry trends in each market segments and sub-segments from 2017 to 2024. The market segmentations include,
Smart Materials Market, By Type
• Piezoelectric materials.
• Electrostrictive materials.
• Magnetostrictive materials.
• Shape memory materials.
• Smart fluids.
• Smart hydrogels.
• Electrochromic materials.
• Phase change materials.
• Others
Smart Materials Market, By Application
• actuators & motors
• transducers
• Sensors
• structural materials
• Others
Smart Materials Market, By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
The report scope also includes competitive landscape covering the competitive analysis, strategy analysis and company profiles of the major market players. The companies profiled in the report include Harris, Murata, Solvay, Johnson Matthey, Arkema, Meggitt Sensing, Kyocera, Piezo Kinetics, Gentex Corporation, Saint-Gobain (Sage Glass), View, Chromogenics, Lcr Hallcrest, Nitinol Devices & Components, Saes Getters, G.Rau, Ati Wah-Chang, Fort Wayne Metals, and others. Company profiles cover company overview, product landscape, financial overview, and strategy analysis.
Report Highlights
• Global Smart Materials market sizes from 2017 to 2024
• Market growth projections through 2024 and the resultant market forecast for 2024
• Impact of the market dynamics including market drivers, restraints and opportunities in the market size
• Key industry trends, product trends, and application trends
• Major driving/ leading segmentations, regions and countries in the global Smart Materials market
• Competitive analysis with comprehensive company profiles of the leading industry players
• In-depth analysis on growth and expansion strategies adopted by market players and their resulting effect on market growth and competition
Report Customizations
The customization research services cover the additional custom report features such as additional regional and country level analysis as per the client requirements.
Table of Contents
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Smart Materials Market, By Type
5.1 Introduction
5.2 Piezoelectric materials.
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Electrostrictive materials.
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Magnetostrictive materials.
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Shape memory materials.
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Smart fluids.
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Smart hydrogels.
5.7.1 Market Overview
5.7.2 Market Size and Forecast
5.8 Electrochromic materials.
5.8.1 Market Overview
5.8.2 Market Size and Forecast
5.9 Phase change materials.
5.9.1 Market Overview
5.9.2 Market Size and Forecast
5.10 Others
5.10.1 Market Overview
5.10.2 Market Size and Forecast
6. Smart Materials Market, By Application
6.1 Introduction
6.2 actuators & motors
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 transducers
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Sensors
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 structural materials
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Others
6.6.1 Market Overview
6.6.2 Market Size and Forecast
7. Smart Materials Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Smart Materials, By Type
7.2.2 North America Smart Materials, By Application
7.3 Europe
7.3.1 Europe Smart Materials, By Type
7.3.2 Europe Smart Materials, By Application
7.4 Asia-Pacific
7.4.1 Asia-Pacific Smart Materials, By Type
7.4.2 Asia-Pacific Smart Materials, By Application
7.5 Rest of the World
7.5.1 Rest of the World Smart Materials, By Type
7.5.2 Rest of the World Smart Materials, By Application
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 Harris
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Murata
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Solvay
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Johnson Matthey
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Arkema
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Meggitt Sensing
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Kyocera
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Piezo Kinetics
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Gentex Corporation
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Saint-Gobain (Sage Glass)
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
9.11 View
9.11.1 Company Overview
9.11.2 Product/Service Landscape
9.11.3 Financial Overview
9.11.4 Recent Developments
9.12 Chromogenics
9.12.1 Company Overview
9.12.2 Product/Service Landscape
9.12.3 Financial Overview
9.12.4 Recent Developments
9.13 Lcr Hallcrest
9.13.1 Company Overview
9.13.2 Product/Service Landscape
9.13.3 Financial Overview
9.13.4 Recent Developments
9.14 Nitinol Devices & Components
9.14.1 Company Overview
9.14.2 Product/Service Landscape
9.14.3 Financial Overview
9.14.4 Recent Developments
9.15 Saes Getters
9.15.1 Company Overview
9.15.2 Product/Service Landscape
9.15.3 Financial Overview
9.15.4 Recent Developments
9.16 G.Rau
9.16.1 Company Overview
9.16.2 Product/Service Landscape
9.16.3 Financial Overview
9.16.4 Recent Developments
9.17 Ati Wah-Chang
9.17.1 Company Overview
9.17.2 Product/Service Landscape
9.17.3 Financial Overview
9.17.4 Recent Developments
9.18 Fort Wayne Metals
9.18.1 Company Overview
9.18.2 Product/Service Landscape
9.18.3 Financial Overview
9.18.4 Recent Developments
SDMR employs a three way data triangulation approach to arrive at market estimates. We use primary research, secondary research and data triangulation by top down and bottom up approach
Secondary Research:
Our research methodology involves in-depth desk research using various secondary sources. Data is gathered from association/government publications/databases, company websites, press releases, annual reports/presentations/sec filings, technical papers, journals, research papers, magazines, conferences, tradeshows, and blogs.
Key Data Points through secondary research-
Macro-economic data points
Import Export data
Identification of major market trends across various applications
Primary understanding of the industry for both the regions
Competitors analysis for the production capacities, key production sites, competitive landscape
Key customers
Production Capacity
Pricing Scenario
Cost Margin Analysis
Key Data Points through primary research-
Major factors driving the market and its end application markets
Comparative analysis and customer analysis
Regional presence
Collaborations or tie-ups
Annual Production, and sales
Profit Margins
Average Selling Price
Data Triangulation:
Data triangulation is done using top down and bottom approaches. However, to develop accurate market sizing estimations, both the methodologies are used to accurately arrive at the market size. Insert Image
