Smart Materials-2015 conference is completely dedicated to Smart Materials & Intelligent Structures.

Smart materials are is ongoing field of research for developing new materials like piezoelectric materials, having a molecular structure that responds in a particular and controlled way to influences upon it which lead to development of intelligent material structures. Smart materials are designed materials that have one or more properties that can be significantly changed in a controlled fashion by external stimuli, such as stress, temperature, moisture, pH, electric or magnetic fields. Smart Materials, Systems and Structures by definition are intelligent, flexible systems that have sentience and responsiveness to ever changing environments like multifunctional magnet, electroluminescent & color changing materials. This field has rapidly matured due to synergistic interdisciplinary efforts across sectors of universities, government and industry. To continue the high impact growth of Smart Materials and lead it into the future, the purpose of this conference is to assemble world experts across engineering and scientific disciplines (mechanical, metallurgical, electrical, materials, and civil engineering, physics, chemistry etc.) to actively discuss the latest breakthroughs in smart materials, the cutting edge in adaptive structure applications and the recent advances in both new device technologies and basic engineering research exploration.

BCC Report

The global market for smart materials totaled about $26.0 billion in 2014 and is expected to

reach $42.2 billion in 2019, registering a compound annual growth rate (CAGR) of 10.2% for

the period 2014-2019.

This report provides:

An overview of the global markets for smart materials and their applications.

Analyses of global market trends, with data from 2013 and 2014, and projections of

compound annual growth rates (CAGRs) through 2019.

Identification and descriptions of the principal types of smart materials.

Pinpointing of new materials and applications that are likely to be introduced in the next 5

years and their expected market impacts.

Profiles of major players in the smart materials field.

SAMPLE FIGURE

GLOBAL MARKET SHARE FOR SMART MATERIALS BY TYPE OF APPLICATION, 2013-2019(%)

Source: BCC

STUDY BACKGROUND

“Smart” materials are a class of materials that respond dynamically to electrical,

thermal, chemical, magnetic or other stimuli from the environment. These materials

are incorporated in a growing range of products, enabling these products to alter their

characteristics or otherwise respond to external stimuli.

This report is an update of an earlier BCC Research report published in 2011. Since

then, the range of smart materials technologies and applications has continued to grow.

STUDY GOALS AND OBJECTIVES

BCC Research’s goal in publishing this updated report is to assess the impact of these

developments on global markets for smart materials and related applications.

Objectives of both the original and the updated studies include:

l Identifying and describing the principal types of smart materials. Analyzing and

predicting trends in the most likely application(s) for each of these materials as the

basis for developing baseline estimates of the market for each type of smart material.

l Pinpointing new materials and applications that are likely to be introduced in the next

five years and their expected market impacts.

l Drawing attention to the manufacturers of smart materials and smart material-based

products that are most likely to benefit from the trends identified above.

INTENDED AUDIENCE

This report is intended especially for developers and vendors of smart materials and

applications seeking to understand the market for their products. Other readers who

will find the report’s findings and conclusions informative include members of technical

and professional organizations such as ASM (the former American Society for Metals)

and the general technology interest community, including journalists and officials of

government technology initiatives such as the U.S. National Nanotechnology Initiative.