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Albany, New York, May 10, 2015 : The unprecedented growth in the adoption of piezo-electric devices will help the global smart materials to chart a 12.5% CAGR from 2014 through 2020. These are the findings of a new study which is now available on Market Research Reports Search Engine (MRRSE). The report has been published by Transparency Market Research, and is titled, ‘ Smart Materials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.’ Browse Full Report With TOC : http://www.mrrse.com/smart-materials-market The report finds that the global smart materials market approximated US$ 27.74 billion in 2013, and will expand substantially to touch US$ 63.28 billion by the end of 2020. Besides the burgeoning uptake of piezo-electric devices, there are other market drivers at play, according to the findings of the report. For instance, the stellar growth of the artificial organ industry and the increasing interest in bionics will augur wel...