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Smart Materials Market for Actuators & Motors, Sensors, Transducers, Structural Materials, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020NEW YORK, Aug. 13, 2015 /PRNewswire/ -- Smart materials are defined as a class of reactive materials that changes some of its properties in response to change in the external environment. Several smart materials possess different properties that can be changed. These materials sense the change in the external environment and respond to it by changing their properties in order to adapt to the surroundings. The response of smart materials varies, depending on the chemical structure. For instance, piezo-electric materials produce electricity when mechanical stress is applied, whereas shape memory returns to its original upon change in temperature. Porter's five forces model has been used to evaluate the smart materials market in order to understand the factors affecting the different stages of the value chain. The study includes market attractiveness analysis, which includes benchmarking of applications based on their market size, market size, growth rate, and general attractiveness. Attractiveness has been calculated based on profit margin, raw material and technology, growth, size and other factors such as legal, economical and social factors. We use a combination of primary and secondary research to determine the market estimate and forecast. Secondary research sources that were typically referred to include, but were not limited to company websites, independent studies, technical journals, annual reports, trade magazines, financial reports, and SEC filings. Other information sources such as internal and external proprietary databases, government documents, statistical databases and market reports, company's news articles, industry specific magazines and webcasts specific to companies operating in the market have also been referred for the report. Primary research includes in-depth interviews and discussions with a wide range of key industry experts and opinion leaders. Primary research represents bulk of the research efforts, supplemented by an extensive secondary research. Key players' investor presentations, annual reports, press releases and relevant documents were reviewed for competitive analysis and market understanding. Primary research helps in validating and strengthening the secondary research findings. The report presents a detailed competitive outlook including company profiles of key participants operating in the global market. Key players profiled in the report include Advanced Cerametrics, Inc., APC International, Ltd., LORD Corporation, CeramTec GmbH, Channel Technologies Group, LLC, CTS Corporation, Kyocera Corporation, Noliac A/S, Wright Medical Group, Inc., and TDK Corporation. Company profiles include attributes such as company overview, brand overview, financial overview (financial year), business strategy, and recent/key developments. This report segments the global smart materials market as follows: Smart Materials Market - Product Segment Analysis Biomimetic materials Piezo-electric materials Thermally responsive materials Others (including smart fluids, smart hydrogels etc.) Smart Materials Market - Application Analysis Actuators & motors Sensors Transducers Structural materials Others (including sports & leisure, energy harvesting devices, mechanical structures etc.) Smart Materials Market - Regional Analysis North America Europe Asia Pacific Rest of the World (RoW) Read the full report: http://www.reportlinker.com/p02841859-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/smart-materials-market-for-actuators--motors-sensors-transducers-structural-materials-and-other-applications---global-industry-analysis-size-share-growth-trends-and-forecast-2014---2020-300128491.html SOURCE Reportlinker 
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