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COVID-19 Impacts: Smart Materials Market Will Accelerate at a CAGR of Almost 14% Through 2020-2024 | Rise in R&D Efforts to Develop Innovative Materials to Boost Growth | TechnavioTechnavio has been monitoring the smart materials market and it is poised to grow by USD 48.48 billion during 2020-2024, progressing at a CAGR of almost 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200805005522/en/ Technavio has announced its latest market research report titled Global Smart Materials Market 2020-2024 (Graphic: Business Wire) Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact Frequently Asked Questions-
The market is concentrated, and the degree of concentration will accelerate during the forecast period. Allegheny Technologies Inc., APC International Ltd., Arkema SA, CeramTec TopCo GmbH, CTS Corp., Kyocera (News - Alert) Corp., LORD Corp., Metglas Inc., Piezo Kinetics Inc., and Solvay SA are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. The rise in R&D efforts to develop innovative materials has been instrumental in driving the growth of the market. Smart Materials Market 2020-2024: Segmentation Smart Materials Market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: span >https://www.technavio.com/talk-to-us?report=IRTNTR40952 Smart Materials Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our smart materials market report covers the following areas:
This study identifies the rising demand for piezoelectric material-based devices in the automotive sector as one of the prime reasons driving the smart materials market growth during the next few years. Smart Materials Market 2020-2024: Vendor Analysis We provide a detailed analysis of vendors operating in the smart materials market, including some of the vendors such as Allegheny Technologies Inc., APC International Ltd., Arkema SA, CeramTec TopCo GmbH, CTS Corp. (News - Alert), Kyocera Corp., LORD Corp., Metglas Inc., Piezo Kinetics Inc., and Solvay SA. Backed with competitive intelligence and benchmarking, our research reports on the smart materials market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Smart Materials Market 2020-2024: Key Highlights
Table of Contents: PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY MATERIAL
PART 07: CUSTOMER LANDSCAPE PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. View source version on businesswire.com: https://www.businesswire.com/news/home/20200805005522/en/ |