Smart Materials Market Outlook, Feature Investment Drivers and Forecast to 2025

Smart Materials Market Forecast 2025 by
Overview includes Specifications, Definition and
Applications
Smart Materials Market Report provides in-depth analysis of industry by production, share, size,
Demand, Proposition, Development, Opportunities, Growth, Economic Trends, Technologies Research,
Segmentation, Key Futuristic, Investment Feasibility, Major Key Players, SWOT analysis and Forecast.
The global Smart Materials Market size is expected to value at USD 98.2 billion by 2025. The market is subject
to witness a substantial growth due to the growing demand of electronic devices such as sensors and
actuators in various end-user industries, and aerospace & defense sector. Globally, the smart materials
industry is predicted to grow at CAGR of 13.5% in forecast period, providing numerous opportunities for
market players to invest for research and development in the market.
Rising adoption of automatic, and high-tech machines have led to the increased demand for piezoelectric
materials, in the last few years. Numerous initiatives by local government and private bodies in order to
promote the adoption of non-conventional energy resources rather than fossil fuels have propelled the
demand for smart materials such as piezoelectric devices in the market, in recent years. Numerous benefits
offered by smart materials such as reliability, and cost-effectiveness, are vital for sustained growth of the
smart materials market during the forecast period. Rising popularity of the piezoelectric material among enduser
industries is one of the critical factor for the growth of smart materials industry, in recent years.
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High-end demand from aerospace engineering industry to achieve high performance level and fuel efficiency,
has led to growth of the smart materials market over the last few years. Smart systems have gained popularity
in both - aeronautical and astronautical engineering & sciences. Development of latest technology involving
the use of the smart materials has fueled demand for smart materials. For instance, advent of Extreme

Accuracy Tasked Ordinance (EXACTO) bullet by The Defense Advanced Research Projects Agency (DARPA) that
uses smart actuators, is expected to revolutionizes future of weapons manufacturing in coming years.
Subsequently, rise in the global warfare are motivating the war-torn countries to largely invest in enhancing
their defense capabilities, involving land, air, and naval forces.
A substantial increase in the defense budget by number countries are predicated to boost demand of
advanced intelligent materials. Smart materials are largely used in defense sectors during manufacturing of
high-end weapons and warfare systems. Development of numerous warfare strategies to strengthen war
technologies, which includes cyber warfare, intelligence tactics, and precision strike capabilities, are
anticipated to fuel the demand of smart materials in coming years. Though, absence of high-end expertise
during designing and manufacturing of such systems are negatively impacting growth of the market.
Additionally, limited commercial viability of the devices coupled with lack of awareness among end users are
restring growth of the market, in recent years.
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Smart materials, also termed as intelligent or responsive materials, that specifically designed to include
multiple properties, which makes them to respond during external stimuli in controlled way. The external
stimulus includes the changes in atmospheric pressure, temperature, humidity content, pH level, electric field,
magnetic field, light intensity, and bio-chemical reactions. Smart materials are used in various application such
as sensors, transducers, artificial muscles, and electrically activated polymers (EAP's). Smart materials are
widely popular in electrically activated polymers (EAP's) application. Smart materials offer numerous
advantages such as self-adaptability, in-built mechanism, inbuilt healing properties, and memory driven
capability in wide range of applications.
The smart materials industry is divided into regional market segment such as North America, Europe, Asia-
Pacific, Latin America and Africa. North America and European region has shown major growth in recent years
owing to substantial funding by local governments in research & development of innovative products, rise in
the implementation of latest technologies and existence of well-established industrial infrastructure.
Table Of Contents
1 Smart Materials Overview
2 Global Smart Materials Application Estimates & Trend Analysis
3 Global Smart Materials Size and Growth Prospects
4 Global Smart Materials Analysis by Region
5 Global Smart Materials Analysis by Type
6 Global Smart Materials Analysis by Application
7 Global Smart Materials Manufacturers Analysis
8 Global Smart Materials Technology and Development Trends

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