Global Smart Surfaces Market: Snapshot 

The healthcare industry as a whole forms a leading consumer of smart surfaces. The rapid increase in the rate of awareness about antimicrobial smart surfaces and their benefits in a medical institution are stimulating considerable demand for them across the globe. The amount of research and development required for smart surfaces in the healthcare industry is extremely high at the moment, due to the myriad of regulations concerned with the types of chemicals used to coat floors. The development of compliant and effective smart surfaces with no side effects is the most optimal result a manufacturer can provide and meeting that objective will help a player achieve a high rate of sales.

Other factors promoting the growth of smart surfaces sales are the automotive and the solar energy industries. Car makers are looking for smart windshields that can repel particles and improve visibility, while solar energy companies are looking for materials that can help absorb a greater amount of light and efficiently convert it to energy. Both demands can be met by the use of specific smart surfaces.

Owing to such factors, the global market for smart surfaces is progressing at a very high CAGR of 66.4% from 2015 to 2021. This market is expected to reach US$20.65 bn by the end of 2021.

APAC to Lead Global Smart Surfaces Market in Terms of Revenue by 2021

North America held the greater share in the smart surfaces market, but by the end of 2021, Asia Pacific is expected to take up the leading share at 35.3% of the market revenue share. This rapid increase in the demand for smart surfaces in the Asia Pacific region is what will expectedly drive the global players in the coming years. This region holds a rapidly developing industrial sector that can play host to the development of smart surfaces at an equally fast pace.

Countries in North America are still showing a high demand for smart surfaces owing to their increasing use in transportation, healthcare, and defense industries. The fastest-growing demand for smart surfaces in North America is expected to come from the solar energy industry till 2021.

Transportation and Healthcare Dominate Smart Surface Usage

By the end of 2021, over 31% of the market for smart surfaces will be taken up by the transportation sector. Although this will most likely be the largest market share, it will be a diminished share from that in 2015 and 2016, owing to the rapidly growing demand for smart surfaces in the healthcare industry.

Nevertheless, the intense demand for smart surfaces for automobile windshields and windows is a leading factor in terms of demand for smart surfaces. This segment’s research and development is also highly invested in, creating a greater scope of growth for this market’s players.

Meanwhile, the demand for smart surfaces in the healthcare sector is skyrocketing. The two key areas where smart surfaces are needed the most are floor coatings and drug delivery surfaces. Both are gaining demand owing to increase in awareness of product benefits and research to put smart surfaces within the boundaries of regulatory approval.

The key providers of smart surfaces from a global perspective include HZO, Inc., BASF SE, Debiotech S.A., and 3M Co.

Increasing Utilization across Varied Applications to Boost the Growth Rate of Smart Surfaces Market

The smart surfaces market is expected to gain tremendous growth opportunities across the assessment period of 2015-2021. The growing utilization of smart surfaces across applications such as transportation, construction, energy, drug delivery surfaces, antimicrobial smart surfaces, military, security, electronics, and others will bring good growth opportunities for the smart surfaces market during the forecast period.

  • Smart surface is a relatively new term. This term refers to a set of surface-based technologies that enable cities to manage climate changes effectively. These surfaces not only help in reducing temperatures and mitigating flood risk but also make communities more livable. All these functionalities prove to be growth generators for the smart surfaces market.
  • The ongoing research and development activities across the smart surfaces market will help in increasing the revenues. The players in the smart surfaces market invest heavily in research. These activities help in deriving novel formulations. The players are also involved in mergers and acquisitions. These activities help in increasing the influence of the players across the smart surfaces market. All these factors add extra stars of growth.
  • The growing influence of smart surfaces across the automotive industry will turn the tables of growth. The changing preferences of consumers regarding the accessories and features of a car will invite profitable growth. The utilization of smart windshields is a classic instance.
  • The novel coronavirus outbreak affected the growth projections of the smart surfaces market. The sudden imposition of countrywide lockdowns across various regions added to the woes. The decline in demand and production of smart surfaces ruined the growth prospects to a certain extent.
  • However, the relaxations provided by various countries in the lockdown restrictions will help in reviving the growth of the smart surfaces market. The mass vaccination drives across various countries also provide a ray of hope to reset to the normal situation.

This market research study analyzes the smart surfaces market on a global level, and provides estimates in terms of revenue (USD million) from 2015 to 2021. It identifies the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it highlights the significant opportunities for market growth in the next six years.

The market is segmented on the basis of geography into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW) and these segments have been estimated in terms of revenue (USD million). In addition, the report has been segmented based on the basis of applications, which includes construction, energy, transportation, medical and healthcare, electronics, military and security, and Others. The medical and healthcare segment has been further segmented into anti-microbial smart surfaces, drug delivery surfaces and others. By material type, the smart surfaces market has been segmented into self healing materials, self cleaning materials, self assembling materials and others. All these segments have also been estimated on the basis of geography in terms of revenue (USD million).

Smart surfaces market is expected to experience substantial growth throughout the forecast period. Smart surfaces is a new technology and has huge growth opportunities across all the application sectors. The smart surfaces finds application across construction, energy, transportation, medical and healthcare, electronics, military and security and others. Increasing demand for self cleaning materials across construction utilities is one of the major factors fueling the demand for smart surfaces in the construction sector. Moreover, in the automotive sector demand for better smart windows and windshields is also expected to have a positive impact on the demand for smart surfaces in the automotive sector. Moreover, huge amount of investments are being made in order to develop mats and seat covers which do not get dirty and can be cleaned easily in order to meet changing customer requirements. Moreover, increasing demand for anti-microbial surfaces in the medical and healthcare sector is also expected to have a positive impact on the demand for smart surfaces in the medical and healthcare sector. Moreover, in the energy sector increasing demand for renewable energy sources is also expected to have a positive impact on the demand for smart solar panels globally. Owing to these factors, the smart surfaces market is expected to experience substantial growth throughout the forecast period.

Increasing demand for anti-microbial surfaces in the medical and healthcare sector is one of the major factors fueling the demand for smart surfaces globally. With increasing health awareness the demand for antimicrobial surfaces in medical and healthcare sector has increased considerably in the recent past. Antimicrobial coatings are used in order to prevent the growth of microorganisms including bacteria, parasites, fungi and other germs. However, with presence of large number of regulations regarding the usage of materials as coatings companies are making huge amount of investments in research and development activities to develop coatings complying with regulations.

Increasing demand for smart windshields is also expected to have a positive impact on the demand for smart surfaces. Changing consumer preference and demand for better in car facilities are some of the major factors fueling the demand for smart surfaces in the automotive sector. In addition, increasing focus on driver safety is also fueling the demand for smart windshields in the automotive sector.

However, absence of unified solution is expected to restrain the demand for smart surfaces during the forecast period. Smart surfaces are manufactured by number of companies ranging from large scale companies such as 3M, BASF and ATFI among others and small scale companies such as SLIPS Technologies, nanoShell and Sunpartner among others. However, each of these companies manufactures products which are specific to a particular application industry. However, demand for unified solutions which can be used across two or more application sectors, have increased considerably. The companies are striving to develop products which satisfy the customer requirements.

For better understanding of the smart surfaces market, we have provided a detailed analysis of the value chain. Furthermore, the study comprises market attractiveness analysis, where the applications are benchmarked based on their market scope, growth rate and market attractiveness. In addition, the report also includes the drivers, restraints and opportunities (DROs) which will help in strategic decision making of the companies across the value chain of smart surfaces market.

The report also provides company market share analysis of the various industry participants. Key players have been profiled and their company overview, financial overview, business strategies and recent developments have been covered in the report. Major market participants profiled in this report include HzO, Inc., 3M Company, SLIPS Technologies, Inc., Nanotrons Corporation, P2i Ltd., Debiotech S.A., Clariant, The Dow Chemical Company, nanoShell Ltd. and Gentex Corporation.

The global smart surfaces market is segmented as:

Global Smart Surfaces Market: By Application

  • Construction
  • Energy
  • Transportation
  • Medical and Healthcare
    • Antimicrobial Smart Surfaces
    • Drug Delivery Surfaces
    • Others
  • Electronics
  • Military and Security
  • Others

Global Smart Surfaces Market: By Material

  • Self-healing Materials
  • Self-cleaning Materials
  • Self-assembling Materials
  • Others

Global Smart Surfaces Market: By geography

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

 

Chapter 1 Global Smart Surfaces Market : Preface, 2015-2021
1.1 Report Description
1.2 Research Scope
1.3 Key Take Away
1.4 Research Methodology

Chapter 2 Global Smart Surfaces Market: Executive Summary,  2015-2021

Chapter 3 Global Smart Surfaces Market: Market Overview, 2015-2021
3.1 Introduction
3.2 Market Dynamics
      3.2.1 Market Drivers
      3.2.2 Market Restraints
      3.3.3 Market Opportunities
3.3 Patent Analysis
      3.3.1 Number of Patents
      3.3.2 Key Patent Analysis
3.4 Competitive Landscape Smart Surfaces Market, 2014
3.5 Market Attractiveness: Description

Chapter 4 Global Smart Surfaces Market Revenue, by Application, 2014-2021 (USD million)
4.1 By Application: Overview
      4.1.1 By Application: Revenue Share
4.2 Smart Surfaces Market Revenue, By Application (Revenue Forecast, 2014-2021)
      4.2.1 Global Smart Surfaces Market Revenue in Construction, 2014-2021 
(In USD Million)
      4.2.2 Global Smart Surfaces Market Revenue in Energy, 2014-2021 
(In USD Million)
      4.2.3 Global Smart Surfaces Market Revenue in Transportation, 
2014-2021 (In USD Million)
      4.2.4 Global Smart Surfaces Market Revenue in Medical and Healthcare, 
2014-2021 (In USD Million)
              4.2.4.1 Global Smart Surfaces Market in Medical and 
Healthcare, By Type, 2014-2021, (In USD Million)
      4.2.5 Global Smart Surfaces Market Revenue in Electronics, 2014-2021 
(In USD Million)
      4.2.6 Global Smart Surfaces Market Revenue in Military and Security, 
2014-2021 (In USD Million)
      4.2.7 Global Smart Surfaces Market Revenue in Others, 2014-2021 
(In USD Million)

Chapter 5 Global Smart Surfaces Market Revenue, By Material, 2014-2021 ( USD Million)    
5.1 By Material :Overview5.1.1 By Material : Revenue Share
5.2 Smart Surfaces Market Revenue, By Material (Revenue Forecast, 2014-2021) 
      5.2.1 Global Smart Surfaces Market Revenue in Self-Healing Material,
2014-2021 (In USD Million)
      5.2.2 Global Smart Surfaces Market Revenue in Self-Cleaning Material,
2014-2021 (In USD Million)
      5.2.3 Global Smart Surfaces Market Revenue in Self-Assembling Material,
2014-2021 (In USD Million)
      5.2.4 Global Smart Surfaces Market Revenue in Others, 2014-2021 
(In USD Million)

Chapter 6 Global Smart Surfaces Market Revenue, By Region, 2014-2021 (USD Million)
6.1 By Geography : Overview
      6.1.1 By Geography Share
6.2 North America Smart Surfaces Market, 2014-2021: Revenue Forecast (In USD Million) 
      6.2.1 North America Smart Surfaces Market, 2014-2021: Revenue Forecast,
By Application
              6.2.1.1 North America Smart Surfaces Market in Medical and
Healthcare, 2014-2021: Revenue Forecast, By Type
(In USD Million)
      6.2.2 North America Smart Surfaces Market, 2014-2021: Revenue Forecast,
By Material
      6.2.3 North America Smart Surfaces Market, 2014-2021: Revenue Forecast,
By Country
6.3 Europe Smart Surfaces Market, 2014-2021: Revenue Forecast (In USD Million)
      6.3.1 Europe Smart Surfaces Market, 2014-2021: Revenue Forecast,
By Application
              6.3.1.1 Europe Smart Surfaces Market in Medical and
Healthcare, 2014-2021: Revenue Forecast, By Type
(In USD Million)
      6.3.2 Europe Smart Surfaces Market, 2014-2021: Revenue Forecast, By
 Material
      6.3.3 Europe Smart Surfaces Market, 2014-2021: Revenue Forecast, By
 Country
6.4 Asia Pacific Smart Surfaces Market, 2014-2021: Revenue Forecast (In USD Million)
      6.4.1 Asia Pacific Smart Surfaces Market, 2014-2021: Revenue Forecast,
By Application
              6.4.1.1 Asia Pacific Smart Surfaces Market in Medical and
Healthcare, 2014-2021: Revenue Forecast, By Type
(In USD Million)
      6.4.2 Asia Pacific Smart Surfaces Market, 2014-2021: Revenue Forecast, ByMaterial
      6.4.3 Asia Pacific Smart Surfaces Market, 2014-2021: Revenue Forecast, By
Country
6.5 Rest of the World Smart Surfaces Market, 2014-2021: Revenue Forecast (In USD Million)
      6.5.1 Rest of the World Smart Surfaces Market, 2014-2021: Revenue Forecast,
By Application
              6.5.1.1 Rest of the World Smart Surfaces Market in Medical 
and Healthcare, 2014-2021: Revenue Forecast, By Type
(In USD Million)
      6.5.2 Rest of the World Smart Surfaces Market, 2014-2021: Revenue Forecast, 
By Material
      6.5.3 Rest of the World Smart Surfaces Market, 2014-2021: Revenue Forecast, By Region

Chapter 7 Company Profiles
7.1 HzO, Inc.
7.2 3M Company
7.3 SLIPS Technologies, Inc.
7.4 Nanotrons Corporation
7.5 P2i Ltd.
7.6 Debiotech S.A.
7.7 Clariant
7.8 The Dow Chemical Company
7.9 nanoShell Ltd.
7.10 Gentex Corporation

List of Tables

TABLE 1 Global Smart Surfaces Market Snapshot
TABLE 2 Number of Patents Filed Globally, 2013-2014
TABLE 3 Number of Patents, by Region, 2013-2014
TABLE 4 Competitive Landscape Smart Surfaces Market, 2014
TABLE 5 Global Smart Surfaces Market Revenue in Medical and Healthcare, by Type 2014-2021 (In USD Million) 
TABLE 6 North America Smart Surfaces Market, 2014-2021: Revenue Forecast, by Application
TABLE 7 North America Smart Surfaces Market in Medical and Healthcare, 2014-2021: Revenue Forecast, by Type
TABLE 8 North America Smart Surfaces Market, 2014-2021:Revenue Forecast, by Material
TABLE 9 North America Smart Surfaces Market, 2014-2021:Revenue Forecast, by Country
TABLE 10 Europe Smart Surfaces Market, 2014-2021: Revenue Forecast, by Application 
TABLE 11 Europe Smart Surfaces Market in Medical and Healthcare, 2014-2021: Revenue Forecast, by Type 
TABLE 12 Europe Smart Surfaces Market, 2014-2021:Revenue Forecast, by Material
TABLE 13 Europe Smart Surfaces Market, 2014-2021:Revenue Forecast, by Country 
TABLE 14 Asia Pacific Smart Surfaces Market, 2014-2021: Revenue Forecast, by Application
TABLE 15 Asia Pacific Smart Surfaces Market in Medical and Healthcare, 2014-2021: Revenue Forecast, by Type 
TABLE 16 Asia Pacific Smart Surfaces Market, 2014-2021:Revenue Forecast, by Material 
TABLE 17 Asia Pacific Smart Surfaces Market, 2014-2021:Revenue Forecast, by Country 
TABLE 18 Rest of the World Smart Surfaces Market, 2014-2021: Revenue Forecast, by Application 
TABLE 19 Rest of the World Smart Surfaces Market in Medical and Healthcare, 2014-2021: Revenue Forecast, by Type
TABLE 20 Rest of the World Smart Surfaces Market, 2014-2021:Revenue Forecast, by Material 
TABLE 21 Rest of the World Smart Surfaces Market, 2014-2021:Revenue Forecast, by Region

List of Figures 

FIG. 1 Market segmentation: Global Smart Surfaces Market
FIG. 2 Global Smart Surfaces Market Attractiveness, By Application
FIG. 3 Global Smart Surfaces Market Overview: By Application
FIG. 4 Global Smart Surfaces Market Revenue Share, by Application, 2014 vs 2021 (%)
FIG. 5 Global Smart Surfaces Market Revenue in Construction, 2014-2021, (USD Million)
FIG. 6 Global Smart Surfaces Market Revenue in Energy, 2014-2021, (USD Million)
FIG. 7 Global Smart Surfaces Market Revenue in Transportation, 2014-2021, (USD Million)
FIG. 8 Global Smart Surfaces Market Revenue in Medical and Healthcare, 2014-2021, (USD Million)
FIG. 9 Global Smart Surfaces Market Revenue in Electronics, 2014-2021, (USD Million)
FIG. 10 Global Smart Surfaces Market Revenue in Military and Security, 2014-2021, (USD Million)
FIG. 11 Global Smart Surfaces Market Revenue in Others, 2014-2021, (USD Million)
FIG. 12 Global Smart Surfaces Market Overview: By Material
FIG. 13 Global Smart Surfaces Market Revenue Share, by Material, 2014 vs 2021 (%)
FIG. 14 Global Smart Surfaces Market Revenue in Self Healing Material Segment, 2014-2021, (USD Million)
FIG. 15 Global Smart Surfaces Market Revenue in Self Cleaning Material Segment, 2014-2021, (USD Million)
FIG. 16 Global Smart Surfaces Market Revenue in Self Assembling Material Segment, 2014-2021, (USD Million)
FIG. 17 Global Smart Surfaces Market Revenue in Others Segment, 2014-2021, (USD Million)
FIG. 18 Global Smart Surfaces Market Overview: By Geography 
FIG. 19 Global Smart Surfaces Market Revenue Share, by Geography, 2014 vs 2021 (%)
FIG. 20 North America Smart Surfaces Market, 2014-2021, (USD Million)
FIG. 21 Europe Smart Surfaces Market, 2014-2021, (USD Million)
FIG. 22 Asia Pacific Smart Surfaces Market, 2014-2021, (USD Million)
FIG. 23 Rest of the World Smart Surfaces Market, 2014-2021, (USD Million)

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Smart Surfaces Market