Smart Material Industry Statistics 2030: Major Factors that can Increase the Global Demand

The global Smart material market is classified based on geography into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific generated the largest revenue in 2015, followed by North America. Asia-Pacific is projected to expand at the highest CAGR of around 16% during forecast period. In the year 2015, the actuator & motor segment dominated the market with around …