
The global Smart Materials market size is predicted to grow from US$ 4505 million in 2025 to US$ 6244 million in 2031; it is expected to grow at a CAGR of 5.6% from 2025 to 2031.
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).
The key players of Smart Materials include Gentex Corporation, Saint-Gobain, L3Harris and Johnson Matthey. The top four manufacturers hold approximately 38% of the global market share,.
In terms of product type, Electrochromic Materials is the largest segment, with a share of 33%. And in terms of application, Automobile has a share about 39 percent.
The “Smart Materials Industry Forecast” looks at past sales and reviews total world Smart Materials sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart Materials sales for 2025 through 2031. With Smart Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Materials industry.
This Insight Report provides a comprehensive analysis of the global Smart Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Materials market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Materials and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Materials.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Materials market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Piezoelectric Materials
Electrochromic Materials
Thermochromic Materials
Shape Memory Alloy
Shape Memory Polymers
Others
Segmentation by Application:
Biomedical Industry
Automobile
Electronic 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 analysing the company's coverage, product portfolio, its market penetration.
Gentex Corporation
Saint-Gobain
L3Harris
Johnson Matthey
Murata Manufacturing
Piezo Kinetics
Kyocera
Solvay
G.RAU
View Smart Windows
Arkema
CTS Corporation
LCR Hallcrest
Fort Wayne Metals
ATI
SAES Getters
ChromoGenics
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 by Type, by 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 2020-2031
2.1.2 World Current & Future Analysis for Smart Materials by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Smart Materials by Country/Region, 2020, 2024 & 2031
2.2 Smart Materials Segment by Type
2.2.1 Piezoelectric Materials
2.2.2 Electrochromic Materials
2.2.3 Thermochromic Materials
2.2.4 Shape Memory Alloy
2.2.5 Shape Memory Polymers
2.2.6 Others
2.3 Smart Materials Sales by Type
2.3.1 Global Smart Materials Sales Market Share by Type (2020-2025)
2.3.2 Global Smart Materials Revenue and Market Share by Type (2020-2025)
2.3.3 Global Smart Materials Sale Price by Type (2020-2025)
2.4 Smart Materials Segment by Application
2.4.1 Biomedical Industry
2.4.2 Automobile
2.4.3 Electronic Industry
2.4.4 Others
2.5 Smart Materials Sales by Application
2.5.1 Global Smart Materials Sale Market Share by Application (2020-2025)
2.5.2 Global Smart Materials Revenue and Market Share by Application (2020-2025)
2.5.3 Global Smart Materials Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Smart Materials Breakdown Data by Company
3.1.1 Global Smart Materials Annual Sales by Company (2020-2025)
3.1.2 Global Smart Materials Sales Market Share by Company (2020-2025)
3.2 Global Smart Materials Annual Revenue by Company (2020-2025)
3.2.1 Global Smart Materials Revenue by Company (2020-2025)
3.2.2 Global Smart Materials Revenue Market Share by Company (2020-2025)
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) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Smart Materials by Geographic Region
4.1 World Historic Smart Materials Market Size by Geographic Region (2020-2025)
4.1.1 Global Smart Materials Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Smart Materials Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Smart Materials Market Size by Country/Region (2020-2025)
4.2.1 Global Smart Materials Annual Sales by Country/Region (2020-2025)
4.2.2 Global Smart Materials Annual Revenue by Country/Region (2020-2025)
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 (2020-2025)
5.1.2 Americas Smart Materials Revenue by Country (2020-2025)
5.2 Americas Smart Materials Sales by Type (2020-2025)
5.3 Americas Smart Materials Sales by Application (2020-2025)
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 (2020-2025)
6.1.2 APAC Smart Materials Revenue by Region (2020-2025)
6.2 APAC Smart Materials Sales by Type (2020-2025)
6.3 APAC Smart Materials Sales by Application (2020-2025)
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 (2020-2025)
7.1.2 Europe Smart Materials Revenue by Country (2020-2025)
7.2 Europe Smart Materials Sales by Type (2020-2025)
7.3 Europe Smart Materials Sales by Application (2020-2025)
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 (2020-2025)
8.1.2 Middle East & Africa Smart Materials Revenue by Country (2020-2025)
8.2 Middle East & Africa Smart Materials Sales by Type (2020-2025)
8.3 Middle East & Africa Smart Materials Sales by Application (2020-2025)
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 (2026-2031)
12.1.2 Global Smart Materials Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Smart Materials Forecast by Type (2026-2031)
12.7 Global Smart Materials Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Gentex Corporation
13.1.1 Gentex Corporation Company Information
13.1.2 Gentex Corporation Smart Materials Product Portfolios and Specifications
13.1.3 Gentex Corporation Smart Materials Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Gentex Corporation Main Business Overview
13.1.5 Gentex Corporation Latest Developments
13.2 Saint-Gobain
13.2.1 Saint-Gobain Company Information
13.2.2 Saint-Gobain Smart Materials Product Portfolios and Specifications
13.2.3 Saint-Gobain Smart Materials Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Saint-Gobain Main Business Overview
13.2.5 Saint-Gobain Latest Developments
13.3 L3Harris
13.3.1 L3Harris Company Information
13.3.2 L3Harris Smart Materials Product Portfolios and Specifications
13.3.3 L3Harris Smart Materials Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 L3Harris Main Business Overview
13.3.5 L3Harris 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 (2020-2025)
13.4.4 Johnson Matthey Main Business Overview
13.4.5 Johnson Matthey Latest Developments
13.5 Murata Manufacturing
13.5.1 Murata Manufacturing Company Information
13.5.2 Murata Manufacturing Smart Materials Product Portfolios and Specifications
13.5.3 Murata Manufacturing Smart Materials Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Murata Manufacturing Main Business Overview
13.5.5 Murata Manufacturing Latest Developments
13.6 Piezo Kinetics
13.6.1 Piezo Kinetics Company Information
13.6.2 Piezo Kinetics Smart Materials Product Portfolios and Specifications
13.6.3 Piezo Kinetics Smart Materials Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Piezo Kinetics Main Business Overview
13.6.5 Piezo Kinetics 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 (2020-2025)
13.7.4 Kyocera Main Business Overview
13.7.5 Kyocera Latest Developments
13.8 Solvay
13.8.1 Solvay Company Information
13.8.2 Solvay Smart Materials Product Portfolios and Specifications
13.8.3 Solvay Smart Materials Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Solvay Main Business Overview
13.8.5 Solvay Latest Developments
13.9 G.RAU
13.9.1 G.RAU Company Information
13.9.2 G.RAU Smart Materials Product Portfolios and Specifications
13.9.3 G.RAU Smart Materials Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 G.RAU Main Business Overview
13.9.5 G.RAU Latest Developments
13.10 View Smart Windows
13.10.1 View Smart Windows Company Information
13.10.2 View Smart Windows Smart Materials Product Portfolios and Specifications
13.10.3 View Smart Windows Smart Materials Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 View Smart Windows Main Business Overview
13.10.5 View Smart Windows Latest Developments
13.11 Arkema
13.11.1 Arkema Company Information
13.11.2 Arkema Smart Materials Product Portfolios and Specifications
13.11.3 Arkema Smart Materials Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Arkema Main Business Overview
13.11.5 Arkema Latest Developments
13.12 CTS Corporation
13.12.1 CTS Corporation Company Information
13.12.2 CTS Corporation Smart Materials Product Portfolios and Specifications
13.12.3 CTS Corporation Smart Materials Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 CTS Corporation Main Business Overview
13.12.5 CTS Corporation 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 (2020-2025)
13.13.4 LCR Hallcrest Main Business Overview
13.13.5 LCR Hallcrest Latest Developments
13.14 Fort Wayne Metals
13.14.1 Fort Wayne Metals Company Information
13.14.2 Fort Wayne Metals Smart Materials Product Portfolios and Specifications
13.14.3 Fort Wayne Metals Smart Materials Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Fort Wayne Metals Main Business Overview
13.14.5 Fort Wayne Metals Latest Developments
13.15 ATI
13.15.1 ATI Company Information
13.15.2 ATI Smart Materials Product Portfolios and Specifications
13.15.3 ATI Smart Materials Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 ATI Main Business Overview
13.15.5 ATI Latest Developments
13.16 SAES Getters
13.16.1 SAES Getters Company Information
13.16.2 SAES Getters Smart Materials Product Portfolios and Specifications
13.16.3 SAES Getters Smart Materials Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 SAES Getters Main Business Overview
13.16.5 SAES Getters Latest Developments
13.17 ChromoGenics
13.17.1 ChromoGenics Company Information
13.17.2 ChromoGenics Smart Materials Product Portfolios and Specifications
13.17.3 ChromoGenics Smart Materials Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 ChromoGenics Main Business Overview
13.17.5 ChromoGenics Latest Developments
14 Research Findings and Conclusion
*If Applicable.
