Abstract
Society is facing serious challenges towards achieving highly efficient utilization of materials and devices. Magnetoactive, lightweight materials with magnetorheological, magnetostrictive, and magnetocaloric properties are attracting increasing interest as they can find a number of applications such as energy generation, conversion, storage, sensing, and actuation, as well as in the biomedical field. In this chapter, the latest research and development in multifunctional, lightweight, magnetorheological, magnetostrictive, and magnetocaloric materials is summarized and discussed in the scope of different application areas. Furthermore, the unique functions of inorganic nanomaterials to improve performance of organic materials, as well as combination of the functions of nanomaterials into a device, will be illustrated. Final remarks and future perspectives allow to look into a “magnetoactive crystal ball” aiming to foresee what will/should happen in this fascinating research field.
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