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Shape Memory Alloys Market Report by Alloy Type, End-Use Industry, Functionality Type, Application, and Region 2024-2032

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    Report

  • 137 Pages
  • April 2024
  • Region: Global
  • IMARC Group
  • ID: 5353451
Description Jump to:
The global shape memory alloys market size reached US$ 14.0 Billion in 2023. Looking forward, the market is projected to reach US$ 36.0 Billion by 2032, exhibiting a growth rate (CAGR) of 11.06% during 2023-2032.

Shape memory alloys (SMA) are various metallic elements that exhibit both pseudoelasticity and shape memory effect in response to changes in temperature and electromagnetic force. They can regain their original form after deformation and can also alter their stiffness, natural frequency, position and other mechanical properties. Alloys of nickel-titanium or nitinol, copper-zinc-aluminum, copper-aluminum-nickel and iron-manganese-silicon are the most common types of SMAs available in the market. They also exhibit high fatigue resistance, super-elasticity and biocompatibility, owing to which they are used in the production of actuators, medical devices, heat detection devices and various high-temperature motors and automobiles.

The growing automotive industry is one of the key factors driving the growth of the market. Furthermore, significant developments in other industry verticals, such as robotics, biomedical, civil, defense and aerospace, are also contributing to the market growth. With the growing adoption of consumer electronics across the globe, there is an increasing preference for SMAs that can be stretched or bent as per the requirement of the consumer. Additionally, increasing preference for nitinol alloys is acting as another growth-inducing factor.

In the medical sector, SMAs are utilized in the production of medical implants, such as stents, dental wires, orthopedic screws and other surgical equipment. Other factors, including the growing product adoption in the aerospace sector, increasing defense expenditures by the governments of both developed and emerging economies and significant growth in the construction industry, are projected to drive the market in the upcoming years.

Key Market Segmentation:

This report provides an analysis of the key trends in each sub-segment of the global shape memory alloys market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on alloy type, end-use industry, functionality type and application.

Breakup by Alloy Type:

  • Nickel-Titanium
  • Copper-Based Alloys
  • Iron-Manganese-Silicon
  • Others

Breakup by End-Use Industry:

  • Biomedical
  • Aerospace & Defense
  • Automotive
  • Consumer Electronics & Home Appliances
  • Others

Breakup by Functionality Type:

  • Super-elasticity (or Pseudoelasticity)
  • Constrained Recovery
  • Free Recovery
  • Others

Breakup by Application:

  • Laser
  • Motors and Actuators
  • Transducers
  • Structural Material
  • Sensors
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
  • Others
  • Middle East and Africa
  • Turkey
  • Saudi Arabia
  • Iran
  • United Arab Emirates
  • Others

Competitive Landscape

The competitive landscape of the industry has also been examined with some of the key players being Allegheny Technologies, DYNALLOY, Inc., EUROFLEX GmbH, Fort Wayne Metals, G.RAU GmbH & Co. KG, Metalwerks, Inc., Nippon Steel Group, SAES Getters S.p.A., Furukawa Electric Co., Ltd., TiNi Aerospace, Inc., and Ultimate NiTi Technologies.

Key Questions Answered in This Report

  • How has the global shape memory alloys market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • Whta has been the impact of COVID-19 on the global shape memory alloys market?
  • What is the breakup of the market based on the alloy type?
  • What is the breakup of the market based on the end-use industry?
  • What is the breakup of the market based on the functionality type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the market?
  • What is the structure of the global shape memory alloys market and who are the key players?
  • What is the degree of competition in the market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Shape Memory Alloys Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Alloy Type
6.1 Nickel-Titanium
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Copper-Based Alloys
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Iron-Manganese-Silicon
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by End-Use Industry
7.1 Biomedical
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Aerospace & Defense
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Automotive
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Consumer Electronics & Home Appliances
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Functionality Type
8.1 Super-elasticity (or Pseudoelasticity)
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Constrained Recovery
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Free Recovery
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Application
9.1 Laser
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Motors and Actuators
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Transducers
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Structural Material
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Sensors
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Argentina
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.4.4 Colombia
10.4.4.1 Market Trends
10.4.4.2 Market Forecast
10.4.5 Chile
10.4.5.1 Market Trends
10.4.5.2 Market Forecast
10.4.6 Peru
10.4.6.1 Market Trends
10.4.6.2 Market Forecast
10.4.7 Others
10.4.7.1 Market Trends
10.4.7.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Turkey
10.5.1.1 Market Trends
10.5.1.2 Market Forecast
10.5.2 Saudi Arabia
10.5.2.1 Market Trends
10.5.2.2 Market Forecast
10.5.3 Iran
10.5.3.1 Market Trends
10.5.3.2 Market Forecast
10.5.4 United Arab Emirates
10.5.4.1 Market Trends
10.5.4.2 Market Forecast
10.5.5 Others
10.5.5.1 Market Trends
10.5.5.2 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Allegheny Technologies
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 DYNALLOY, Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 EUROFLEX GmbH
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Fort Wayne Metals
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 G.Rau GmbH & Co. KG
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Metalwerks Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Nippon Steel Group
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 SAES Getters S.p.A.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Furukawa Electric Co., Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 TiNi Aerospace, Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Ultimate NiTi Technologies
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
List of Figures
Figure 1: Global: Shape Memory Alloys Market: Major Drivers and Challenges
Figure 2: Global: Shape Memory Alloys Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Shape Memory Alloys Market: Breakup by Alloy Type (in %), 2023
Figure 4: Global: Shape Memory Alloys Market: Breakup by End-Use Industry (in %), 2023
Figure 5: Global: Shape Memory Alloys Market: Breakup by Functionality Type (in %), 2023
Figure 6: Global: Shape Memory Alloys Market: Breakup by Application (in %), 2023
Figure 7: Global: Shape Memory Alloys Market: Breakup by Region (in %), 2023
Figure 8: Global: Shape Memory Alloys Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 9: Global: Shape Memory Alloys (Nickel-Titanium) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Shape Memory Alloys (Nickel-Titanium) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Shape Memory Alloys (Copper-Based Alloys) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Shape Memory Alloys (Copper-Based Alloys) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Shape Memory Alloys (Iron-Manganese-Silicon) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Shape Memory Alloys (Iron-Manganese-Silicon) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Shape Memory Alloys (Other Alloy Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Shape Memory Alloys (Other Alloy Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Shape Memory Alloys (Biomedical) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Shape Memory Alloys (Biomedical) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Shape Memory Alloys (Aerospace & Defense) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Shape Memory Alloys (Aerospace & Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Shape Memory Alloys (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Shape Memory Alloys (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Shape Memory Alloys (Consumer Electronics & Home Appliances) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Shape Memory Alloys (Consumer Electronics & Home Appliances) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Shape Memory Alloys (Other End-Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Shape Memory Alloys (Other End-Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Shape Memory Alloys (Super-elasticity) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Shape Memory Alloys (Super-elasticity) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Shape Memory Alloys (Constrained Recovery) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Shape Memory Alloys (Constrained Recovery) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Shape Memory Alloys (Free Recovery) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Shape Memory Alloys (Free Recovery) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Shape Memory Alloys (Others) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Shape Memory Alloys (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Shape Memory Alloys (Laser) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Shape Memory Alloys (Laser) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Shape Memory Alloys (Motors and Actuators) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Shape Memory Alloys (Motors and Actuators) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Global: Shape Memory Alloys (Transducers) Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Global: Shape Memory Alloys (Transducers) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Global: Shape Memory Alloys (Structural Material) Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Global: Shape Memory Alloys (Structural Material) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Global: Shape Memory Alloys (Sensors) Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Global: Shape Memory Alloys (Sensors) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Global: Shape Memory Alloys (Others) Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Global: Shape Memory Alloys (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: North America: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: North America: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: United States: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: United States: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Canada: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Canada: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Asia Pacific: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Asia Pacific: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: China: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: China: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Japan: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Japan: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: India: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: India: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: South Korea: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: South Korea: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Australia: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Australia: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Indonesia: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Indonesia: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Others: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Others: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Europe: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Europe: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Germany: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Germany: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: France: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: France: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: United Kingdom: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: United Kingdom: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Italy: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Italy: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Spain: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Spain: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Russia: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Russia: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Others: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Others: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Latin America: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Latin America: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Brazil: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 88: Brazil: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 89: Mexico: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 90: Mexico: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 91: Argentina: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 92: Argentina: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 93: Colombia: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 94: Colombia: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 95: Chile: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 96: Chile: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 97: Peru: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 98: Peru: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 99: Others: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 100: Others: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 101: Middle East and Africa: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 102: Middle East and Africa: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 103: Turkey: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 104: Turkey: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 105: Saudi Arabia: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 106: Saudi Arabia: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 107: Iran: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 108: Iran: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 109: United Arab Emirates: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 110: United Arab Emirates: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 111: Others: Shape Memory Alloys Market: Sales Value (in Million US$), 2018 & 2023
Figure 112: Others: Shape Memory Alloys Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 113: Global: Shape Memory Alloys Industry: SWOT Analysis
Figure 114: Global: Shape Memory Alloys Industry: Value Chain Analysis
Figure 115: Global: Shape Memory Alloys Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Shape Memory Alloys Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Shape Memory Alloys Market Forecast: Breakup by Alloy Type (in Million US$), 2024-2032
Table 3: Global: Shape Memory Alloys Market Forecast: Breakup by End-Use Industry (in Million US$), 2024-2032
Table 4: Global: Shape Memory Alloys Market Forecast: Breakup by Functionality Type (in Million US$), 2024-2032
Table 5: Global: Shape Memory Alloys Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 6: Global: Shape Memory Alloys Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Shape Memory Alloys Market: Competitive Structure
Table 8: Global: Shape Memory Alloys Market: Key Players

Companies Mentioned

  • Allegheny Technologies
  • DYNALLOY Inc.
  • EUROFLEX GmbH
  • Fort Wayne Metals
  • G.RAU GmbH & Co. KG
  • Metalwerks Inc.
  • Nippon Steel Group
  • SAES Getters S.p.A.
  • Furukawa Electric Co. Ltd.
  • TiNi Aerospace Inc.
  • Ultimate NiTi Technologies

Methodology

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Table Information

Report AttributeDetails
No. of Pages137
PublishedApril 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 14 Billion
Forecasted Market Value ( USD ) by 2032 $ 36 Billion
Compound Annual Growth Rate11.0%
Regions CoveredGlobal
No. of Companies Mentioned11

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