Global Piezoelectric Smart Materials to Grow 12.96% (2016-2020) - Key Vendors are Arkema, Kyocera & Solvay

DUBLIN, March 22, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/gp673t/global) has announced the addition of the "Global Piezoelectric Smart Materials 2016-2020" report to their offering.

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

There has been an increased substitution of mechanical means by electric motors. The use of smart materials is helping the industry achieve this goal. Active suspension systems have been designed for optimized vehicle control and comfort. Damping- and stiffness-related issues can now be solved by the use of rheological fluids. However, we expect the manufacturers are to be more inclined toward the use of piezoelectric materials, as they cost less than rheological fluids.

According to the report, transportation, healthcare, and smart packaging are among the sectors that have been receiving tremendous attention with respect to R&D. In the transportation sector, the military and aerospace sector, followed by the automotive and marine sectors account for the major R&D.

Further, the report states that smart materials are highly efficient materials. However, this performance comes at high costs associated with the high level of R&D involved. End-users look for more affordable and low-cost materials with considerable efficiency. Therefore, as the consumers demand more affordable options, the importance of smart materials diminishes.

Key vendors:

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

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Segmentation by type

PART 07: Segmentation by application

PART 08: Segmentation by end-users

PART 09: Geographical segmentation

PART 10: Key leading countries

PART 11: Market drivers

PART 12: Impact of drivers

PART 13: Market challenges

PART 14: Impact of drivers and challenges

PART 15: Market trends

PART 16: Vendor landscape

PART 17: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/gp673t/global

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