GLOBAL SMART MATERIALS MARKET 2020-2024

GLOBAL SMART MATERIALS MARKET 2020-2024

Global Smart Materials Market 2020-2024

Technavio has been monitoring the global smart materials market and it is poised to grow by USD 48.48 bn during 2020-2024, progressing at a CAGR of 14% during the forecast period. Our reports on global smart materials market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rise in r&d efforts to develop innovative materials.In addition, advances in shape memory alloys with high fatigue life is anticipated to boost the growth of the global smart materials market as well.

Market Segmentation

Technavio's global smart materials market is segmented as below:

Materials:

  • Piezoelectric Materials
  • Shape Memory Alloys
  • Thermoelectric Materials
  • Rheological Fluids
  • Others
Geographic Segmentation:
  • APAC
  • Europe
  • MEA
  • North America
  • South America
Key Trends for global smart materials market growth

This study identifies advances in shape memory alloys with high fatigue life as the prime reasons driving the global smart materials market growth during the next few years.

Prominent vendors in global smart materials market

We provide a detailed analysis of around 25 vendors operating in the global smart materials market, including some of the vendors such as Allegheny Technologies Inc., APC International Ltd., Arkema SA, CeramTec TopCo GmbH, CTS Corp., Kyocera Corp., LORD Corp., Metglas Inc., Piezo Kinetics Inc. and Solvay S.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

About Technavio

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global specialty chemicals market
      • Table Segments of global specialty chemicals market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Vendors: Key product offerings
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market outlook
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ millions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by material
    • Table Material - Market share 2019-2024 (%)
    • Comparison by material
      • Table Comparison by material
    • Piezoelectric materials - Market size and forecast 2019-2024
      • Table Piezoelectric materials - Market size and forecast 2019-2024 ($ millions)
      • Table Piezoelectric materials - Year-over-year growth 2020-2024 (%)
    • Shape memory alloys - Market size and forecast 2019-2024
      • Table Shape memory alloys - Market size and forecast 2019-2024 ($ millions)
      • Table Shape memory alloys - Year-over-year growth 2020-2024 (%)
    • Thermoelectric materials - Market size and forecast 2019- 2024
      • Table Thermoelectric materials - Market size and forecast 2019-2024 ($ millions)
      • Table Thermoelectric materials - Year-over-year growth 2020-2024 (%)
    • Rheological fluids - Market size and forecast 2019-2024
      • Table Rheological fluids - Market size and forecast 2019-2024 ($ millions)
      • Table Rheological fluids - Year-over-year growth 2020-2024 (%)
    • Magnetostrictive materials - Market size and forecast 2019- 2024
      • Table Magnetostrictive materials - Market size and forecast 2019-2024 ($ millions)
      • Table Magnetostrictive materials - Year-over-year growth 2020-2024 (%)
    • Other materials - Market size and forecast 2019-2024
      • Table Other materials - Market size and forecast 2019-2024 ($ millions)
      • Table Other materials - Year-over-year growth 2020-2024 (%)
    • Market opportunity by material
      • Table Market opportunity by material
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ millions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ millions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ millions)
      • Table APAC - Year-over-year growth 2020-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ millions)
      • Table South America - Year-over-year growth 2020-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ millions)
      • Table MEA - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Exports of goods and services in China (% of GDP) 2006-2017
      • Table Impact of drivers and challenges
  • Market trends
    • Advances in shape memory alloys with high fatigue life
    • Growing use of piezoelectric devices
    • Development of tires with shape memory alloys
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Allegheny Technologies Inc.
      • Table Allegheny Technologies Inc. - Vendor overview
      • Table Allegheny Technologies Inc. - Business segments
      • Table Allegheny Technologies Inc. - Organizational developments
      • Table Allegheny Technologies Inc. - Geographic focus
      • Table Allegheny Technologies Inc. - Segment focus
      • Table Allegheny Technologies Inc. - Key offerings
    • APC International Ltd.
      • Table APC International Ltd. - Vendor overview
      • Table APC International Ltd. - Business segments
      • Table APC International Ltd. - Key offerings
    • Arkema SA
      • Table Arkema SA - Vendor overview
      • Table Arkema SA - Business segments
      • Table Arkema SA - Organizational developments
      • Table Arkema SA - Geographic focus
      • Table Arkema SA - Segment focus
      • Table Arkema SA - Key offerings
    • CeramTec TopCo GmbH
      • Table CeramTec TopCo GmbH - Vendor overview
      • Table CeramTec TopCo GmbH - Business segments
      • Table CeramTec TopCo GmbH - Geographic focus
      • Table CeramTec TopCo GmbH - Segment focus
      • Table CeramTec TopCo GmbH - Key offerings
    • CTS Corp.
      • Table CTS Corp. - Vendor overview
      • Table CTS Corp. - Business segments
      • Table CTS Corp. - Organizational developments
      • Table CTS Corp. - Geographic focus
      • Table CTS Corp. - Key offerings
    • Kyocera Corp.
      • Table Kyocera Corp. - Vendor overview
      • Table Kyocera Corp. - Business segments
      • Table Kyocera Corp. - Organizational developments
      • Table Kyocera Corp. - Geographic focus
      • Table Kyocera Corp. - Segment focus
      • Table Kyocera Corp. - Key offerings
    • LORD Corp.
      • Table LORD Corp. - Vendor overview
      • Table LORD Corp. - Business segments
      • Table LORD Corp. - Organizational developments
      • Table LORD Corp. - Key offerings
    • Metglas Inc.
      • Table Metglas Inc. - Vendor overview
      • Table Metglas Inc. - Product segments
      • Table Metglas Inc. - Organizational developments
      • Table Metglas Inc. - Key offerings
    • Piezo Kinetics Inc.
      • Table Piezo Kinetics Inc. - Vendor overview
      • Table Piezo Kinetics Inc. - Business segments
      • Table Piezo Kinetics Inc. - Organizational developments
      • Table Piezo Kinetics Inc. - Key offerings
    • Solvay SA
      • Table Solvay SA - Vendor overview
      • Table Solvay SA - Business segments
      • Table Solvay SA - Organizational developments
      • Table Solvay SA - Geographic focus
      • Table Solvay SA - Segment focus
      • Table Solvay SA - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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