Title: Pain Management Devices Market (1)
1Materials Informatics (MI) Market
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2Materials Informatics (MI) Market Global
Scenario, Market Size, Outlook, Trend, and
Forecast, 2019 2028
- The global materials informatics (MI) market
would reach US 485.7 million by 2028 growing at
a compound annual growth rate (CAGR) of 27.1
during the forecast period from 2021- 2028.
Materials informatics is termed as a branch which
integrates informatics such as AI and data to
material science and its engineering which helps
in enhancing the usage, selection, discovery and
development of the materials.
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3Market Dynamics
- Significant interest for materials informatics
with support of data mining and machine learning
aids in discovery of new materials for any
application or product, helps in designing newest
materials and optimizing its processing and
functioning. Materials informatics (MI) market is
still in its development phase but is attaining
enormous traction. Several startups have been
raising millions from the integration of MI and
AI and the leading key players have undergone
towards revolution in the market. Factors towards
the revolution arises owing to their own MI
policies such as companies started their in-house
RD department for MI, to work with new startups
or establishing joint ventures. Such factors and
developments create thrust to accelerate the
growth of the market during the forecast period.
However, this field is yet in the nascent phase
and faces some challenges in the market growth.
Factors such as inadequate MI algorithms and
obscure data structure which hinders for a
specific experiment data. In addition, lack of
infrastructure, noisy data volume and format are
immature for the experiment restraining the
market growth. - 3D printing market is expected to transform the
materials informatics (MI) market industry. In
the upcoming years, demands for 3D printing
technology would provoke the market and materials
informatics acts as a catalyst for this 3D
industry.
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4- Global Materials Informatics (MI) market report
analysis is segmented by technique, material,
application and region. By technique, it
bifurcates into digital annealer, statistical
analysis, deep tensor and genetic algorithm.
Based on material, it subdivides into organic
materials, hybrid materials and inorganic
materials. By application usage, the market is
categorised into chemical industries, food
science, electronics, nanotechnology, dyes, RD
agencies, material science and paper pulp.
Based on regional insights, the market bifurcates
into North America (U.S, Canada), Europe
(Germany, France, UK, Russia, Spain, Rest of
Europe), Asia Pacific (China, Japan, India, South
Korea, Rest of Asia Pacific), Rest of the World
(Latin America and Middle East Africa). - North America is leading in the global materials
informatics (MI) market owing to maximum new
startups setup in Canada region. Asia- Pacific
region is expected to grow during the forecast
period owing to Japanese chemicals and materials
companies in the region. - The major key players involved in the global
materials informatics (MI) market are Alpine
Electronics Inc., Phaseshift Technologies,
Citrine Informatics, Exabyte.io, Schrodinger,
Nutonian Inc., Materials Zone Ltd., Kebotix,
BASF, and AI Materia among others.
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5Segmentation and Scope of the Global Materials
Informatics (MI) Market
- By Technique
- Digital Annealer
- Statistical Analysis
- Deep Tensor
- Genetic Algorithm
- By Material
- Organic Materials
- Hybrid Materials
- Inorganic Materials
- By Application
- Chemical Industries
- Food Science
- Electronics
- Nanotechnology
- Dyes
- RD Institutions
- Material Science
- Paper Pulp
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6- By Region
- North America
- US
- Canada
- Rest of North America
- Europe
- UK
- Germany
- Russia
- Spain
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Rest of World
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7Prominent players in the Global Materials
Informatics (MI) Market among other includes
- Alpine Electronics Inc.
- Phaseshift Technologies
- Citrine Informatics
- Exabyte.io
- Schrodinger
- Nutonian Inc.
- Materials Zone Ltd.
- Kebotix
- BASF
- AI Materia
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