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According to a new report Asia Pacific Smart Materials Market, published by KBV research, the Asia Pacific Smart Materials Market Size would witness market growth of 15% CAGR during the forecast period (2017 - 2023).
The China market holds the largest market share in Asia Pacific Piezoelectric Smart Materials Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 11.7 % during the forecast period.
The Japan market is expected to witness a CAGR of 12.8% during (2017 - 2023) inAsia Pacific Shape Memory Smart Materials Market. Additionally, The India market is expected to witness a CAGR of 18.2% during (2017 - 2023) in Asia Pacific Phase Change Memory Smart Materials Market.
The Actuators & Motors market holds the largest market share in Malaysia Smart Materials Market by Application in 2016, and would continue to be a dominant market till 2023. The Sensors market is expected to witness a CAGR of 20% during (2017 - 2023). Additionally, The Structural Materials market would garner market value of $91.5 million by 2023.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the Asia Pacific Smart Materials Market have been discussed in the report with the elaborated company profiles of CeramTec, Kyocera Corporation, LORD Corporation, Ametek Corporation (Fine Tubes Ltd.), TDK Corporation, Smart Material Corporation, CTS Corporation (Noliac A/S), APC International, Ltd., Piezo Kinetics, Inc., and Harris Corporation.
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