- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 04 Aug 2017
Smart materials market
Increasing demand for piezo-electric devices in a range of end-user applications is likely to trigger growth in the smart materials market. These are used in medical devices, robotics, information and communications technology, automobiles and so on. Piezoelectric devices typically have good accuracy, high torque, high responsiveness, and energy saving properties.
Artificial organs are made up of biomimetic materials with electronic components and systems, which are integrated into the human body and act as a replacement for natural organs. Challenges in implantation research and development may hamper the growth of this market.
Product segments include:
Piezo-electric materials were the largest segment of the market in 2016 in terms of revenue and are expected to expand at an even faster rate over the coming years. Biomimetic materials held the second largest share of the market in 2016. Thermally responsive materials are expected to expand at a moderate rate in the future.
On the basis of application, the market for smart materials is divided into:
Actuators and motors dominated the market in 2016 and are expected to remain the leading segment over the forecast period, expanding at the fastest rate compared to all other applications. The piezoelectric actuators are widely used in smartphones and wearables and are driving growth due to the vast shift in the market trend towards the efficiency of electronics.
On the basis of region, the market is segmented into; North America, Europe, Asia Pacific, Latin America, Middle East & Africa. North America leads the market and is expected to experience high demand for smart materials in electrical and electronics, information technology, construction, and healthcare.
The key players in the market include; TDK Corporation, CTS Corporation, Wright Medical Group, CeramTec, NOLIAC A/S, Kyocera Corporation, APC International, Channel Technologies, LORD Corporation, and Advanced Cerametrics among others.
 Find out more
 Related articles on Designing Buildings Wiki
- Engineering Smart Cities.
- European connected and smart home market.
- PAS 180:2014 Smart cities – Vocabulary.
- PAS 181:2014 Smart city Framework.
- PAS 182 Smart city data concept model.
- Smart airports.
- Smart city.
- Smart cities design timeframe.
- Smart coating.
- Smart construction.
- Smart glass.
- Smart greenhouse.
- Smart homes in Germany.
- Smart kitchen appliances.
- Smart meter.
- Smart technology.
- The smart buildings market.
Featured articles and news
A quality perspective.
If buildings were people, they would be just starting to walk on two legs.
Air filtration and clean air standards.
The Dukes of Normandy and the second world war.
Conserving structures in historic designed landscapes.
Online platform to showcase acoustic solutions.
The drivers of value and how it is measured.
Do you know your Ionic from your Doric?
Construction output has been stronger than anticipated.
But blame is directed at the construction industry.
Health effects on children and young people.