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According to a new report North America Smart Materials Market, published by KBV research, the North America Smart Materials Market Size would witness market growth of 11.5% CAGR during the forecast period (2017-2023).
The US market holds the largest market share in North America Piezoelectric Smart Materials Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 9.6 % during the forecast period.
The Canada market is expected to witness a CAGR of 13.7% during (2017-2023) in North America Shape Memory Smart Materials Market. Additionally, The Mexico market is expected to witness a CAGR of 14.4% during (2017-2023) in North America Phase Change Memory Smart Materials Market.
The Actuators & Motors market holds the largest market share in Mexico 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 15.7% during (2017-2023). Additionally, The Transducers market would attain market value of $416.3 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 North America 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.