Smart materials are materials with properties that may be adjusted or altered by applying external fields to them. Smart materials (SMs) are materials that change their behaviour in a systematic way in response to a given stimuli, such as changes in magnetic or electric fields, stress, acoustics, temperature, radioactive radiation, or chemical characteristics. With five qualities, they outperform other materials: selectivity, directness, immediacy, self-actuation, and transiency. By activating its functions, smart materials technology allows us to respond to environmental changes. The creation and development of SMs is gaining popularity. They have considerable advantages in a variety of fields, including medical and electronic applications. According to global smart material analysis, the market will increase at a rate of 13% per year through 2023, when it is estimated to reach $73.9 billion.