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Smart Materials Market: By Product (Piezoelectric Materials, Shape Memory Materials, Electro strictive Materials, Magneto strictive Materials), by Application (Actuators & Motors, Transducers, Sensors, Structural Materials) – Global Forecast till 2023
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Smart Materials Market Report- Forecast 2023 Smart Materials Market Report-Forecast 2023 P a g e | 1 Copyright © 2017 Market Research Future.
Smart Materials Market Report- Forecast 2023 VIEW REPORTS SAMPLE REPORTS P a g e | 2 Copyright © 2017 Market Research Future.
Smart Materials Market Report- Forecast 2023 Summary Smart materials displays response in a controlled manner in an environments that change. It comprise of unique molecular structure, smart materials respond to a wide array of external stimuli such as electric fields, magnetic fields, pressure, temperature, moisture, and chemicals. Technology giants such as APC International (U.S.), Harris Corporation (U.S.), CeramTec (Germany), Kyocera Corporation (Japan), TDK Corporation (Japan), Noliac A/S (Denmark). APC International, a prominent player in smart materials market has manufactured piezo stack actuators that are used as linear electromechanical drives or motors. They act mainly like an expanding element ("pusher") generating a compressive force. The complete motion cycle is nearly proportional to the voltage signal input from DC up to high frequencies. From an electrical point of view, piezo- actuators behave like electrical capacitors. The induced motion can also be described as the consequence of the variation of the electrical charge content of the piezo actuator. CeramTec, a key player in smart materials market, will be offering a variety of wear protection solutions made of high-performance ceramics for machines and systems for mechanical process engineering as well as handling of powders and bulk material at POWTECH at the Nuremberg Trade Fair Centre. P a g e | 3 Copyright © 2017 Market Research Future.
Smart Materials Market Report- Forecast 2023 Major Key Players: APC International (U.S.), Harris Corporation (U.S.), CeramTec (Germany), Kyocera Corporation (Japan), TDK Corporation (Japan), Noliac A/S (Denmark), Wright Medical Group, Inc. (U.S.), Channel Technologies Group (U.S.), LORD Corporation (U.S.). P a g e | 4 Copyright © 2017 Market Research Future.
Smart Materials Market Report- Forecast 2023 Segmentation: The global smart materials market is segmented by products and application. By product segment the market consists of piezoelectric materials, shape memory materials, electrostrictive materials, magnetostrictive materials, phase change materials, electrochromic materials and others. By application it is segmented into actuators & motors, transducers, sensors, structural materials, and others. P a g e | 5 Copyright © 2017 Market Research Future.
Smart Materials Market Report- Forecast 2023 Regional Analysis: The global color detection market is studied for Asia Pacific, North America, Europe, and Rest of the World. It is observed that North America market was leading in the global smart materials market in 2016, owing to significant demand for smart actuators & motors in key industries such as automotive, consumer goods, and aerospace. Europe accounted for the second-largest share of the market due to presence well-established automotive industry followed by Asia Pacific market. Asia Pacific market is anticipated to exhibit a remarkable growth over the forecast period, owing to significant research activities supported by the government. P a g e | 6 Copyright © 2017 Market Research Future.
Smart Materials Market Report- Forecast 2023 (Germany) are focusing on the digital utilities transformation. P a g e | 7 Copyright © 2017 Market Research Future.