Global Smart Materials Market Size, Share, Growth Analysis Report - Forecast 2034

Smart Materials Market

Smart Materials Market By Product (Piezoelectric materials, Shape memory materials, Electrostrictive materials, Magnetostrictive materials, Phase change materials, Electrochromic materials, Others), By Application (Actuators & Motors, Transducers, Sensors, Structural materials, Others), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034

Category: Chemical & Materials Report Format : PDF Pages: 160 Report Code: ZMR-1989 Published Date: Jun-2025 Status : Published
Market Size in 2024 Market Forecast in 2034 CAGR (in %) Base Year
USD 78.57 Billion USD 169.62 Billion 8% 2024

Smart Materials Market

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Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Product
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Smart Materials Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Smart Materials Market – Product Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Product, 2020 & 2028
    • 4.2. Biomimetic materials
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Piezo-electric materials
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Thermally responsive materials
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Others
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Smart Materials Market –Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Actuators & motors
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Sensors
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4 Transducers
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Others
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Smart Materials Market – Region Segment Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Product, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.5. U.S.
        • 6.2.5.1. U.S. Market Revenue, By Product, 2016 – 2028
        • 6.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Canada
        • 6.2.6.1. Canada Market Revenue, By Product, 2016 – 2028
        • 6.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.7. Mexico
        • 6.2.7.1. Mexico Market Revenue, By Product, 2016 – 2028
        • 6.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Product, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.5. Germany
        • 6.3.5.1. Germany Market Revenue, By Product, 2016 – 2028
        • 6.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.6. France
        • 6.3.6.1. France Market Revenue, By Product, 2016 – 2028
        • 6.3.6.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.7. U.K.
        • 6.3.7.1. U.K. Market Revenue, By Product, 2016 – 2028
        • 6.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Italy
        • 6.3.8.1. Italy Market Revenue, By Product, 2016 – 2028
        • 6.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Spain
        • 6.3.9.1. Spain Market Revenue, By Product, 2016 – 2028
        • 6.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.10. Rest of Europe
        • 6.3.10.1. Rest of Europe Market Revenue, By Product, 2016 – 2028
        • 6.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Product, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.5. China
        • 6.4.5.1. China Market Revenue, By Product, 2016 – 2028
        • 6.4.5.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.6. Japan
        • 6.4.6.1. Japan Market Revenue, By Product, 2016 – 2028
        • 6.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.7. India
        • 6.4.7.1. India Market Revenue, By Product, 2016 – 2028
        • 6.4.7.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South Korea
        • 6.4.8.1. South Korea Market Revenue, By Product, 2016 – 2028
        • 6.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.9. South-East Asia
        • 6.4.9.1. South-East Asia Market Revenue, By Product, 2016 – 2028
        • 6.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.10. Rest of Asia Pacific
        • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Product, 2016 – 2028
        • 6.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Product, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Market Revenue, By Product, 2016 – 2028
        • 6.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Argentina
        • 6.5.6.1. Argentina Market Revenue, By Product, 2016 – 2028
        • 6.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.7. Rest of Latin America
        • 6.5.7.1. Rest of Latin America Market Revenue, By Product, 2016 – 2028
        • 6.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Product, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.5. GCC Countries
        • 6.6.5.1. GCC Countries Market Revenue, By Product, 2016 – 2028
        • 6.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.6. South Africa
        • 6.6.6.1. South Africa Market Revenue, By Product, 2016 – 2028
        • 6.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.7. Rest of Middle-East Africa
        • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Product, 2016 – 2028
        • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7: Smart Materials Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. By Application Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Smart Materials Market: Company Market Share, 2019
      • 8.1.2. Global Smart Materials Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Smart Materials Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Smart Materials Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profile
    • 9.1. TDK Corporation
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. CTS Corporation
    • 9.3. Wright Medical Group
    • 9.4. CeramTec
    • 9.5. NOLIAC A/S
    • 9.6. Kyocera Corporation
    • 9.7. APC International
    • 9.8. Channel Technulogies
    • 9.9. LORD Corporation
    • 9.10. Advanced Cerametrics
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Product
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Smart Materials Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Product, 2020 & 2028 
FIG NO. 7. Global  Smart Materials Market for Biomimetic materials, Revenue (USD Billion) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of  Smart Materials Market for Biomimetic materials, By Country, 2020 & 2028
FIG NO. 9. Global  Smart Materials Market for Piezo-electric materials, Revenue (USD Billion) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of  Smart Materials Market for Piezo-electric materials, By Country, 2020 & 2028
FIG NO. 11. Global  Smart Materials Market for Thermally responsive materials, Revenue (USD Billion) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of  Smart Materials Market for Thermally responsive materials, By Country, 2020 & 2028
FIG NO. 13. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 14. Global  Smart Materials Market for Actuators & motors, Revenue (USD Billion) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of  Smart Materials Market for Actuators & motors, By Country, 2020 & 2028 
FIG NO. 16. Global  Smart Materials Market for Sensors, Revenue (USD Billion) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of  Smart Materials Market for Sensors, By Country, 2020 & 2028
FIG NO. 17. Global  Smart Materials Market for Tranducers, Revenue (USD Billion) 2016 – 2028
FIG NO. 18. Comparative Revenue Analysis of  Smart Materials Market for Tranducers, By Country, 2020 & 2028
FIG NO. 19. Global  Smart Materials Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 20. Comparative Revenue Analysis of  Smart Materials Market for Others, By Country, 2020 & 2028
FIG NO. 21. Global  Smart Materials Market Revenue Share, By Region, 2020 & 2028
FIG NO. 22. North America  Smart Materials Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 23. Porter’s Five Forces Analysis for Global  Smart Materials Market
FIG NO. 24. PEST Analysis for Global  Smart Materials Market
FIG NO. 25. Pricing Analysis for Global  Smart Materials Market
FIG NO. 26. Value Chain Analysis for Global  Smart Materials Market
FIG NO. 27. Company Share Analysis, 2019
FIG NO. 28. Radar Determinant Chart, 2019
FIG NO. 29. Company Strategic Developments – Heat Map Analysis
FIG NO. 30. Business Segment Revenue Share, 2020 (%)
FIG NO. 31. Geographical Segment Revenue Share, 2020 (%)
FIG NO. 32. Market Channels
FIG NO. 33. Marketing Channel Development Trend
FIG NO. 34. Growth in World Gross Product, 2008-2018
FIG NO. 35. Research Methodology – Detailed View
FIG NO. 36. Research Methodology
 


Table Of Tables

List of Tables 

TABLE NO. 1. Global Smart Materials Market: Snapshot
TABLE NO. 2. Quarterly Smart Materials Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Smart Materials Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion) 
TABLE NO. 6. Global Smart Materials Market for Biomimetic, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Smart Materials Market for Piezo-electric materials, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Smart Materials Market for Thermally Responsive Materials, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Smart Materials Market for Actuators & motors, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Smart Materials Market for Sensors, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11. Global Smart Materials Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12 Global Smart Materials Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 13. North America Smart Materials Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 14. North America Smart Materials Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 15. North America Smart Materials Market Revenue, By Product, 2016 – 2028 (USD Billion)
TABLE NO. 16. U.S. Smart Materials Market Revenue, By Product, 2016 – 2028 (USD Billion)
TABLE NO. 17. U.S. Smart Materials Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 18. Canada Smart Materials Market Revenue, By Product, 2016 – 2028 (USD Billion)
TABLE NO. 19. Canada Smart Materials Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 20. Mexico Smart Materials Market Revenue, By Product, 2016 – 2028 (USD Billion)
TABLE NO. 21. Mexico Smart Materials Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 22. Drivers for the Smart Materials Market: Impact Analysis
TABLE NO. 23. Restraints for the Smart Materials Market: Impact Analysis
TABLE NO. 24. Major Buyers 
TABLE NO. 25. Distributors/Traders List 
TABLE NO. 26. Global Smart Materials Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 27: Global Smart Materials Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)  


 

Methodology

FrequentlyAsked Questions

Smart materials are the type of materials which change or tend to vary their properties when introduced to external effects like temperature, stress, pH, magnetic field, and moisture. These materials are known to be smart materials not because of the changes they undergo due to external force but also because of the inherent changes in them. Smart materials react to their immediate interaction environments by adapting their characteristics and are dynamic in nature. These materials work at a very basic functional level. Smart materials are used in applications like actuators & motors, transducers, and structural materials.

The global smart materials market is expected to grow due to demand for adaptive, responsive materials in aerospace, automotive, and consumer electronics sectors.

According to a study, the global smart materials market size was worth around USD 78.57 Billion in 2024 and is expected to reach USD 169.62 Billion by 2034.

The global smart materials market is expected to grow at a CAGR of 8% during the forecast period.

North America is expected to dominate the smart materials market over the forecast period.

Leading players in the global smart materials market include TDK Corporation, CTS Corporation, Wright Medical Group, CeramTec, NOLIAC A/S, Kyocera Corporation, APC International, Channel Technologies, LORD Corporation, and Advanced Cerametrics among others., among others.

The report explores crucial aspects of the smart materials market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.

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List of Contents

Industry PerspectiveOverviewGrowth FactorsKey InsightsReport ScopeSegmentation AnalysisRegional AnalysisCompetitive AnalysisSegmentation AnalysisRegional Segment Analysis

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