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.
- AAC Technologies
- Advanced Cerametrics
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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SOURCE Research and Markets