Smart Materials Market Size is Poised to Grow with CAGR of 13.5% by 2031 | SkyQuest Technology [Yahoo! Finance]
Parker-Hannifin Corporation (PH)
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Source: Yahoo! Finance
Westford, USA, Nov. 29, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the smart materials market will attain a value of USD 218.98 Billion by 2031, with a CAGR of 13.5% over the forecast period (2024-2031). Smart materials are increasingly being applied to age-oriented products targeting the aged population. Besides that, such products help make lives easier for the aged in easy routine activities. The population proportion of the age group will increase much in the future; it increases demand for smart material products. In addition, the adoption of smart materials is increasing massively across a wide variety of end-user industries as manufacturing processes and advanced materials are continuously improved. Smart materials will be one of the integral aspects of the smart materials market until 2023 and will further proliferate their applications. Hence, it is predicted to create massive repercussions across the period of the forecast. Request your free sample PDF of the report
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PH
Earnings
- 10/31/24 - Beat
PH
Sec Filings
- 12/11/24 - Form 4
- 11/19/24 - Form 4
- 11/15/24 - Form 4
- PH's page on the SEC website