
The global Smart Materials market size was valued at US$ 5336.2 million in 2023. With growing demand in downstream market, the Smart Materials is forecast to a readjusted size of US$ 8657.6 million by 2030 with a CAGR of 7.2% during review period.
The research report highlights the growth potential of the global Smart Materials market. Smart Materials are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Smart Materials. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Smart Materials market.
Smart materials are the basis of many applications, including sensors and actuators, or artificial muscles, particularly as electroactive polymers (EAPs). Terms used to describe smart materials include shape memory material (SMM) and shape memory technology (SMT).
North America is the largest Smart Materials market with about 33% market share. Europe is follower, accounting for about 32% market share.
The key players are 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 etc. Top 3 companies occupied about 34% market share.
Key Features:
The report on Smart Materials market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Smart Materials market. It may include historical data, market segmentation by Type (e.g., Piezoelectric Materials, Shape Memory Material), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Smart Materials market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Smart Materials market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Smart Materials industry. This include advancements in Smart Materials technology, Smart Materials new entrants, Smart Materials new investment, and other innovations that are shaping the future of Smart Materials.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Smart Materials market. It includes factors influencing customer ' purchasing decisions, preferences for Smart Materials product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Smart Materials market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Smart Materials market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Smart Materials market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Smart Materials industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Smart Materials market.
Market Segmentation:
Smart Materials market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Piezoelectric Materials
Shape Memory Material
Electrochromic Materials
Shape Memory Polymer
Thermochromic Materials
Others
Segmentation by application
Electronic Industry
Automobile
Food and Beverages
Biomedical Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Smart Materials market?
What factors are driving Smart Materials market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smart Materials market opportunities vary by end market size?
How does Smart Materials break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Smart Materials Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Smart Materials by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Smart Materials by Country/Region, 2019, 2023 & 2030
2.2 Smart Materials Segment by Type
2.2.1 Piezoelectric Materials
2.2.2 Shape Memory Material
2.2.3 Electrochromic Materials
2.2.4 Shape Memory Polymer
2.2.5 Thermochromic Materials
2.2.6 Others
2.3 Smart Materials Sales by Type
2.3.1 Global Smart Materials Sales Market Share by Type (2019-2024)
2.3.2 Global Smart Materials Revenue and Market Share by Type (2019-2024)
2.3.3 Global Smart Materials Sale Price by Type (2019-2024)
2.4 Smart Materials Segment by Application
2.4.1 Electronic Industry
2.4.2 Automobile
2.4.3 Food and Beverages
2.4.4 Biomedical Industry
2.4.5 Others
2.5 Smart Materials Sales by Application
2.5.1 Global Smart Materials Sale Market Share by Application (2019-2024)
2.5.2 Global Smart Materials Revenue and Market Share by Application (2019-2024)
2.5.3 Global Smart Materials Sale Price by Application (2019-2024)
3 Global Smart Materials by Company
3.1 Global Smart Materials Breakdown Data by Company
3.1.1 Global Smart Materials Annual Sales by Company (2019-2024)
3.1.2 Global Smart Materials Sales Market Share by Company (2019-2024)
3.2 Global Smart Materials Annual Revenue by Company (2019-2024)
3.2.1 Global Smart Materials Revenue by Company (2019-2024)
3.2.2 Global Smart Materials Revenue Market Share by Company (2019-2024)
3.3 Global Smart Materials Sale Price by Company
3.4 Key Manufacturers Smart Materials Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Smart Materials Product Location Distribution
3.4.2 Players Smart Materials Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Smart Materials by Geographic Region
4.1 World Historic Smart Materials Market Size by Geographic Region (2019-2024)
4.1.1 Global Smart Materials Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Smart Materials Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Smart Materials Market Size by Country/Region (2019-2024)
4.2.1 Global Smart Materials Annual Sales by Country/Region (2019-2024)
4.2.2 Global Smart Materials Annual Revenue by Country/Region (2019-2024)
4.3 Americas Smart Materials Sales Growth
4.4 APAC Smart Materials Sales Growth
4.5 Europe Smart Materials Sales Growth
4.6 Middle East & Africa Smart Materials Sales Growth
5 Americas
5.1 Americas Smart Materials Sales by Country
5.1.1 Americas Smart Materials Sales by Country (2019-2024)
5.1.2 Americas Smart Materials Revenue by Country (2019-2024)
5.2 Americas Smart Materials Sales by Type
5.3 Americas Smart Materials Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Smart Materials Sales by Region
6.1.1 APAC Smart Materials Sales by Region (2019-2024)
6.1.2 APAC Smart Materials Revenue by Region (2019-2024)
6.2 APAC Smart Materials Sales by Type
6.3 APAC Smart Materials Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Smart Materials by Country
7.1.1 Europe Smart Materials Sales by Country (2019-2024)
7.1.2 Europe Smart Materials Revenue by Country (2019-2024)
7.2 Europe Smart Materials Sales by Type
7.3 Europe Smart Materials Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Smart Materials by Country
8.1.1 Middle East & Africa Smart Materials Sales by Country (2019-2024)
8.1.2 Middle East & Africa Smart Materials Revenue by Country (2019-2024)
8.2 Middle East & Africa Smart Materials Sales by Type
8.3 Middle East & Africa Smart Materials Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Smart Materials
10.3 Manufacturing Process Analysis of Smart Materials
10.4 Industry Chain Structure of Smart Materials
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Smart Materials Distributors
11.3 Smart Materials Customer
12 World Forecast Review for Smart Materials by Geographic Region
12.1 Global Smart Materials Market Size Forecast by Region
12.1.1 Global Smart Materials Forecast by Region (2025-2030)
12.1.2 Global Smart Materials Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Smart Materials Forecast by Type
12.7 Global Smart Materials Forecast by Application
13 Key Players Analysis
13.1 Harris
13.1.1 Harris Company Information
13.1.2 Harris Smart Materials Product Portfolios and Specifications
13.1.3 Harris Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Harris Main Business Overview
13.1.5 Harris Latest Developments
13.2 MURATA
13.2.1 MURATA Company Information
13.2.2 MURATA Smart Materials Product Portfolios and Specifications
13.2.3 MURATA Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 MURATA Main Business Overview
13.2.5 MURATA Latest Developments
13.3 Solvay
13.3.1 Solvay Company Information
13.3.2 Solvay Smart Materials Product Portfolios and Specifications
13.3.3 Solvay Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Solvay Main Business Overview
13.3.5 Solvay Latest Developments
13.4 Johnson Matthey
13.4.1 Johnson Matthey Company Information
13.4.2 Johnson Matthey Smart Materials Product Portfolios and Specifications
13.4.3 Johnson Matthey Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Johnson Matthey Main Business Overview
13.4.5 Johnson Matthey Latest Developments
13.5 Arkema
13.5.1 Arkema Company Information
13.5.2 Arkema Smart Materials Product Portfolios and Specifications
13.5.3 Arkema Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Arkema Main Business Overview
13.5.5 Arkema Latest Developments
13.6 Meggitt Sensing
13.6.1 Meggitt Sensing Company Information
13.6.2 Meggitt Sensing Smart Materials Product Portfolios and Specifications
13.6.3 Meggitt Sensing Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Meggitt Sensing Main Business Overview
13.6.5 Meggitt Sensing Latest Developments
13.7 KYOCERA
13.7.1 KYOCERA Company Information
13.7.2 KYOCERA Smart Materials Product Portfolios and Specifications
13.7.3 KYOCERA Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 KYOCERA Main Business Overview
13.7.5 KYOCERA Latest Developments
13.8 Piezo Kinetics
13.8.1 Piezo Kinetics Company Information
13.8.2 Piezo Kinetics Smart Materials Product Portfolios and Specifications
13.8.3 Piezo Kinetics Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Piezo Kinetics Main Business Overview
13.8.5 Piezo Kinetics Latest Developments
13.9 Gentex Corporation
13.9.1 Gentex Corporation Company Information
13.9.2 Gentex Corporation Smart Materials Product Portfolios and Specifications
13.9.3 Gentex Corporation Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Gentex Corporation Main Business Overview
13.9.5 Gentex Corporation Latest Developments
13.10 Saint-Gobain (Sage Glass)
13.10.1 Saint-Gobain (Sage Glass) Company Information
13.10.2 Saint-Gobain (Sage Glass) Smart Materials Product Portfolios and Specifications
13.10.3 Saint-Gobain (Sage Glass) Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Saint-Gobain (Sage Glass) Main Business Overview
13.10.5 Saint-Gobain (Sage Glass) Latest Developments
13.11 View
13.11.1 View Company Information
13.11.2 View Smart Materials Product Portfolios and Specifications
13.11.3 View Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 View Main Business Overview
13.11.5 View Latest Developments
13.12 ChromoGenics
13.12.1 ChromoGenics Company Information
13.12.2 ChromoGenics Smart Materials Product Portfolios and Specifications
13.12.3 ChromoGenics Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 ChromoGenics Main Business Overview
13.12.5 ChromoGenics Latest Developments
13.13 LCR Hallcrest
13.13.1 LCR Hallcrest Company Information
13.13.2 LCR Hallcrest Smart Materials Product Portfolios and Specifications
13.13.3 LCR Hallcrest Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 LCR Hallcrest Main Business Overview
13.13.5 LCR Hallcrest Latest Developments
13.14 Nitinol Devices & Components
13.14.1 Nitinol Devices & Components Company Information
13.14.2 Nitinol Devices & Components Smart Materials Product Portfolios and Specifications
13.14.3 Nitinol Devices & Components Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Nitinol Devices & Components Main Business Overview
13.14.5 Nitinol Devices & Components Latest Developments
13.15 SAES Getters
13.15.1 SAES Getters Company Information
13.15.2 SAES Getters Smart Materials Product Portfolios and Specifications
13.15.3 SAES Getters Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 SAES Getters Main Business Overview
13.15.5 SAES Getters Latest Developments
13.16 G.RAU
13.16.1 G.RAU Company Information
13.16.2 G.RAU Smart Materials Product Portfolios and Specifications
13.16.3 G.RAU Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 G.RAU Main Business Overview
13.16.5 G.RAU Latest Developments
13.17 ATI Wah-chang
13.17.1 ATI Wah-chang Company Information
13.17.2 ATI Wah-chang Smart Materials Product Portfolios and Specifications
13.17.3 ATI Wah-chang Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 ATI Wah-chang Main Business Overview
13.17.5 ATI Wah-chang Latest Developments
13.18 Fort Wayne Metals
13.18.1 Fort Wayne Metals Company Information
13.18.2 Fort Wayne Metals Smart Materials Product Portfolios and Specifications
13.18.3 Fort Wayne Metals Smart Materials Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 Fort Wayne Metals Main Business Overview
13.18.5 Fort Wayne Metals Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
