Piezoelectric Smart Materials Market Report During 2016-2020

The analysts forecast global piezoelectric smart materials market to grow at a CAGR of 12.96% during the period 2016-2020.

Smart materials are specialty building materials whose properties change when subject to external stimuli such as stress, temperature, moisture, pH, or magnetic field. The change in the smart materials is an inherent property and not due to an external force. Smart materials have been on the market for many years and serve a large number of end-use applications, including construction, transport, medical, and leisure. Smart materials can be classified as piezoelectric materials, shape memory alloys, magnetostrictive materials, thermoelectric materials, and rheological fluids.

Piezoelectric materials produce a voltage when mechanical stress is applied. This effect also appears in a reverse manner, i.e., producing a strain when an electric field is applied. Piezoelectric materials are widely used in sensors. These help in measuring fluid density, fluid viscosity, the force of impact, and fluid composition.

This report covers the present scenario and the growth prospects of the global piezoelectric smart materials market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.

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The market is divided into the following segments based on geography:

The report, Global Piezoelectric Smart Materials Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• AAC Technologies
• Advanced Cerametrics
• Arkema
• Kyocera
• Solvay

Other prominent vendors

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Market driver

• Growing demand from construction industry

Market challenge

• High cost of smart materials

Market trend

• Piezoelectric materials in brakes and steering in automotive
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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