Market Demand and Value
The support of Government with its initiatives, the initiative R&D investment in the industries and institutions and the adoption of smart material products among various end-user industries like Defense & Aerospace, Automotive, and Consumer electronics has driven the market of smart materials. There is a high demand for smart materials on account of potential growth in emerging economies as well as evolution in Internet of Things (IoTs).It is expected that the smart material market will attain up to billion dollars by 2022. The trend in the market and the factors impacting the market are studied.
- Growing Aging Population
- Widening Applications
- Government Initiatives and Incentive Programs
- Substantial Investment in R&D
- Market Segmentation
Related Conference of Market Demand and Value
April 09-10, 2025
31st International Conference on Advanced Materials, Nanotechnology and Engineering
London, UK
Market Demand and Value Conference Speakers
Recommended Sessions
- Architecture and Civil Engineering
- Bioactive Smart Materials
- Emerging Materials
- Future of Materials
- Market Demand and Value
- Material Science and Engineering
- Materials Chemistry
- Materials for Energy Conversion and Storage Devices
- Mechanics and Behavior of Smart Materials
- Nanomaterials and Nanotechnology
- Optical and Electronic Materials
- Physics and Chemistry of Materials
- Smart Biomaterials
- Smart Materials and Technologies
- Smart Materials in Industrial Application
- Smart Structures
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