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According to a new report Europe Smart Materials Market, published by KBV research, the Europe Smart Materials Market Size would witness market growth of 12.1% CAGR during the forecast period (2017 - 2023).
The Germany market holds the largest market share in Europe Transducers Smart Materials Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 10.2 % during the forecast period.
The UK market is expected to witness a CAGR of 13.5% during (2017 - 2023) in Europe Sensors Smart Materials Market. Additionally, The France market is expected to witness a CAGR of 15.2% during (2017 - 2023) in Europe Structural Smart Materials Market.
The Piezoelectric Materials market holds the largest market share in Italy Smart Materials Market by Products in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 12.7 % during the forecast period. The Magnetostrictive Materials market is expected to witness a CAGR of 13.4% during (2017 - 2023). Additionally, The Electrostrictive Materials market would garner market value of $159.2 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 Europe 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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