The Shape Memory Alloys Market is expected to exceed more than US$ 24 Billion by 2027 at a CAGR of 12%.
Shape memory alloys (SMA) also are called good materials, that bear in mind their original form by heating when form deformations. SMA belong to a singular category of materials that possesses superior thermo-mechanical properties with high corrosion resistance. Thus, they’re wide utilized in varied end-use industries like craft, transport, biomedical, spacecraft, electrical appliances, subsea, construction & housing, and others. SMA embrace nickel-titanium, Cu-Al-Ni, Cu-Zn-Al, and others. The usually used form memory material is an alloy of nickel and metallic element referred to as Nitinol. Nitinol is out there within the type of rods, wires, thin films, and bar stocks.
As per MRFR’s analysis, a number of the factors and trends known within the international form memory alloys market embrace perpetually growing aid business, rising usage of SMA for neurology and neuromuscular rehabilitation, and widening medical specialty application scope of SMA in orthopaedic, vas and in surgical instruments. furthermore, within the recent years, the aid business has targeted on the thought of less invasive surgical procedures.
Global Shape Memory Alloys Market is segmented based on the end-use as Electrical Appliances, Hot Water Supply, Construction & Housing, Automobiles & Trains, Aerospace Engineering and Bio- Medical. Based on application it covers Super Elastic Applications, Constrained Recovery Application and Actuator Applications The report segments global Shape Memory Alloys Market based on type as Nitinol Alloys, Copper-based Alloys, Iron-Manganese-Silicon Alloys and Others. Global Shape Memory Alloys Market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Shape Memory Alloys Market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
Global Shape Memory Alloys Market share consists of several players including AES Getters S.p.A, TiNi Alloy Co, Ultimate NiTi Technologies Inc, Fort Wayne Metals Inc., Metalwerks PMD Inc, ENDOSMART GmbH, Admedes Schuessler GmbH, DYNALLOY, Inc., EUROFLEX GmbH, Confluent Medical Technologies, Inc, Aerofits Products Inc, Burpee Materials Technology LLC., Johnson Matthey Inc, TiNi Aerospace, FURUKAWA ELECTRIC CO., LTD, Baoji Seabird Metals Materials Co., Ltd., Baoji TITANIUM INDUSTRY CO., LTD, and XSMA.
The Shape Memory Alloys Market has been segmented as below:
Shape Memory Alloys Market, By Type
Shape Memory Alloys Market, By Application
Shape Memory Alloys Market, By End-User
Shape Memory Alloys Market, By Region
The report covers:
Report scope:
The global Shape Memory Alloys Market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends.
The report scope includes market analysis on regional as well as country level. The report also provides competitive landscape covering company market shares with detailed profiling for major revenue contributing companies.
The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include AES Getters S.p.A, TiNi Alloy Co, Ultimate NiTi Technologies Inc, Fort Wayne Metals Inc., Metalwerks PMD Inc, ENDOSMART GmbH, Admedes Schuessler GmbH, DYNALLOY, Inc., EUROFLEX GmbH, Confluent Medical Technologies, Inc, Aerofits Products Inc, Burpee Materials Technology LLC., Johnson Matthey Inc, TiNi Aerospace, FURUKAWA ELECTRIC CO., LTD, Baoji Seabird Metals Materials Co., Ltd., Baoji TITANIUM INDUSTRY CO., LTD, and XSMA.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Shape Memory Alloys Market, By Application
5.1. Key Points
5.2. Super Elastic Applications
5.3. Constrained Recovery Application
5.4. Actuator Applications
6. Shape Memory Alloys Market, By End-User
6.1. Key Points
6.2. Electrical Appliances
6.3. Hot Water Supply
6.4. Construction & Housing
6.5. Automobiles & Trains
6.6. Aerospace Engineering
6.7. Bio- Medical
7. Shape Memory Alloys Market, By Type
7.1. Key Points
7.2. Nitinol Alloys
7.3. Copper-based Alloys
7.4. Iron-Manganese-Silicon Alloys
7.5. Others
8. Competitive Landscape
8.1. Introduction
8.2. Recent Developments
8.2.1. Mergers & Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.2.5. Others
9. Company Profile
9.1. ATI Specialty Alloys & Components
9.1.1. Company Overview
9.1.2. Product/Service Landscape
9.1.3. Financial Overview
9.1.4. Recent Developments
9.2. SAES
9.2.1. Company Overview
9.2.2. Product/Service Landscape
9.2.3. Financial Overview
9.2.4. Recent Developments
9.3. Johnson Matthey
9.3.1. Company Overview
9.3.2. Product/Service Landscape
9.3.3. Financial Overview
9.3.4. Recent Developments
9.4. Nippon Steel & Sumitomo Metal
9.4.1. Company Overview
9.4.2. Product/Service Landscape
9.4.3. Financial Overview
9.4.4. Recent Developments
9.5. Fort Wayne Metals
9.5.1. Company Overview
9.5.2. Product/Service Landscape
9.5.3. Financial Overview
9.5.4. Recent Developments
9.6. Seabird Metal Material Co., Ltd.
9.6.1. Company Overview
9.6.2. Product/Service Landscape
9.6.3. Financial Overview
9.6.4. Recent Developments
9.7. Xian Saite Metal Materials Development Company Limited
9.7.1. Company Overview
9.7.2. Product/Service Landscape
9.7.3. Financial Overview
9.7.4. Recent Developments
9.8. Dynalloy Inc.
9.8.1. Company Overview
9.8.2. Product/Service Landscape
9.8.3. Financial Overview
9.8.4. Recent Developments
The Shape Memory Alloys Market has been segmented as below:
Shape Memory Alloys Market, By Type
Shape Memory Alloys Market, By Application
Shape Memory Alloys Market, By End-User
Shape Memory Alloys Market, By Region
