Smart Materials Market Growth, Demand and Challenges of the Key Industry Players 2023-28 - PowerPoint PPT Presentation

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Smart Materials Market Growth, Demand and Challenges of the Key Industry Players 2023-28

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According to the latest research report by IMARC Group, The global smart materials market size reached US$ 52.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 97.3 Billion by 2028, exhibiting a growth rate (CAGR) of 10.6% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: Smart Materials Market Growth, Demand and Challenges of the Key Industry Players 2023-28


1
Global Smart Materials Market Research and
Forecast Report 2023-2028
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Smart Materials Market Global Industry
    Trends, Share, Size, Growth, Opportunity and
    Forecast 2023-2028," the global smart materials
    market size reached US 52.6 Billion in 2022.
  • Smart materials, also known as intelligent or
    responsive materials, are manufactured by
    modifying the mechanical and physical properties
    of standard materials under a controlled
    environment. They have one or more properties
    that can adapt to changes caused by external
    stimuli, such as stress, electric or magnetic
    fields, moisture, temperature, light, pH, or
    chemical compounds.
  • However, they are dynamic in nature and can
    retain their original state after the stimuli are
    removed. Owing to these properties, smart
    materials find extensive applications in various
    end use industries across the globe.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/smart-materials-market/
    requestsample

4
Report Description
  • Global Smart Materials Market Trends
  • The market is primarily driven by the increasing
    utilization of chemical products in various
    industries. Besides this, the rising awareness
    among employees about workplace safety has led to
    escalated demand for smart materials in
    protective clothing. In addition, the escalating
    demand for energy-efficient building materials
    represents another major growth-inducing factor.
    Smart materials are combined with standard
    construction materials to build structures that
    adapt to atmospheric conditions, such as wind,
    heat, or rain. Besides this, due to the rising
    incidences of chronic diseases and trauma
    injuries, there has been a significant rise in
    the demand for effective, localized, and
    need-based systems in numerous biomedical
    applications, including cancer targeting, tissue
    engineering, and biosensors.
  • This, coupled with various initiatives undertaken
    by governments of numerous countries to encourage
    the usage of smart materials, is positively
    influencing the market growth. Moreover, the
    rising demand for enhanced smart materials from
    construction, manufacturing, and automotive
    industries has prompted manufacturers to develop
    these materials using biopolymers, such as
    bacterial cellulose, polylactic acid, gelatin,
    chitosan, starch, and polyglycolic acid, which is
    expected to propel market growth in the coming
    years.
  • Looking forward, IMARC Group expects the market
    value to reach US 97.3 Billion by 2028,
    expanding at a CAGR of 10.6 during the forecast
    period (2023-2028).
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/smart-materials-market

5
Report Segmentation
  • Breakup by Product
  • Piezoelectric Materials
  • Shape Memory Materials
  • Electrostrictive Materials
  • Magnetostrictive Materials
  • Phase Change Materials
  • Electrochromic Materials
  • Others
  • Breakup by Application
  • Transducer
  • Actuators and Motors
  • Sensors
  • Structural Materials
  • Others

6
Report Segmentation
  • Breakup by End Use Industry
  • Automotive
  • Consumer Electronics
  • Aerospace and Defense
  • Healthcare
  • Industrial
  • Others
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

7
Competitive Landscape with Key Players
  • APC International Ltd
  • Arkema S.A
  • Confluent Medical Technologies
  • CTS Corporation
  • Gentex Corporation
  • Johnson Matthey
  • Kyocera Corporation
  • Meggitt PLC
  • Murata Manufacturing Co. Ltd
  • Piezo Kinetics Inc. (The Crest Group
    Incorporated)
  • SAGE Electrochromics Inc. (Saint-Gobain S.A.)
  • Solvay S.A.

8
Key Questions Answered in the Report
9
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Smart Materials
    Market    5.1    Market Overview    5.2  
     Market Performance    5.3    Impact of
    COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Product
  • 6.1 Piezoelectric Materials
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
  • 6.2 Shape Memory Materials
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
  • 6.3 Electrostrictive Materials
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
  • 6.4 Magnetostrictive Materials
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast       

10
Table of Contents
  • 6.5 Phase Change Materials
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast
  • 6.6 Electrochromic Materials
  • 6.6.1 Market Trends
  • 6.6.2 Market Forecast
  • 6.7 Others
  • 6.7.1 Market Trends
  • 6.7.2 Market Forecast
  • 7 Market Breakup by Application
  • 7.1 Transducer
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
  • 7.2 Actuators and Motors
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
  • 7.3 Sensors
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast

11
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

12
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
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