Published Date: 20-12-2017
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According to a new report LAMEA Smart Materials Market, published by KBV research, the LAMEA Smart Materials Market Size would witness market growth of 16.3% CAGR during the forecast period (2017-2023).
The Brazil market holds the largest market share in LAMEA Actuators & Motors Smart Materials Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 14.8 % during the forecast period.
The Argentina market is expected to witness a CAGR of 16.9% during (2017-2023) in LAMEA Transducers Smart Materials Market. Additionally, The UAE market is expected to witness a CAGR of 17.8% during (2017-2023) in LAMEA Sensors Smart Materials Market.
The Piezoelectric Materials market holds the largest market share in Saudi Arabia Smart Materials Market by Products in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 14.2 % during the forecast period. The Magnetostrictive Materials market would garner market value of $84.2 million by 2023. Additionally, The Electrostrictive Materials market is expected to witness highest CAGR of 16.8% during (2017-2023).
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 Latin America, Middle East and Africa 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.