Ranging from polymer gels that change shape in response to heat to colloidal liquids that solidify under a magnetic charge, smart materials promise a multitude of applications in a range of industries. An explosion of research over the last decade has greatly expanded the field, and smart material technologies are increasingly appearing in consumer goods such as automobiles and sports equipment. This 152-page report will be an indispensable resource to researchers, engineers, and managers striving to keep up with smart material technologies and markets.