On the basis of regional analysis, the global smart bolts market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
Europe industry is anticipated to account for largest revenue share by 2036, led by high demand for bolts across end user industries, coupled with increasing production of vehicles, home appliances and other industrial goods. Moreover, constant demand for advanced materials across the defense and manufacturing sector is also anticipated to contribute towards the growth of the smart bolts market in the region during the forecast period.
Author Credits: Richa Gupta
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