Global Shape Memory Alloy Market Research Report 2024(Status and Outlook)

Global Shape Memory Alloy Market Research Report 2024(Status and Outlook)



Report Overview:

A shape memory alloy (SMA) is an alloy that ""remembers"" its original shape and that when deformed returns to its pre-deformed shape when heated. This material is a lightweight, solid-state alternative to conventional actuators such as hydraulic, pneumatic, and motor-based systems. Shape-memory alloys have applications in industries including Automotive, aerospace, and biomedical and robotics. Nickel-titanium alloys have been found to be the most useful of all SMAs. Other shape memory alloys include copper-aluminum-nickel, copper-zinc-aluminum, and iron-manganese-silicon alloys. The generic name for the family of nickel-titanium alloys is Nitinol.

The data in this report include the semi-finished products (bars, Tubes, wire, pipe, etc), components and devices in shape memory alloy.

The Global Shape Memory Alloy Market Size was estimated at USD 852.31 million in 2023 and is projected to reach USD 1398.23 million by 2029, exhibiting a CAGR of 8.60% during the forecast period.

This report provides a deep insight into the global Shape Memory Alloy market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Shape Memory Alloy Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Shape Memory Alloy market in any manner.

Global Shape Memory Alloy Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Nitinol Devices & Components

SAES Getters

Johnson Matthey

ATI

Fort Wayne Metals

Metalwerks PMD

Johnson Matthey

Furukawa

Nippon Seisen

Dynalloy

Ultimate NiTi Technologies

Grikin

PEIER Tech

Saite Metal

Seemine

Smart

Baoji Seabird Metal

GEE

Market Segmentation (by Type)

Nickel-Titanium(Ni-Ti) Shape Memory Alloys

Copper Based Shape Memory Alloys

Fe Based Shape Memory Alloys

Market Segmentation (by Application)

Medical

Aircraft

Automotive

Home Appliance

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Shape Memory Alloy Market
  • Overview of the regional outlook of the Shape Memory Alloy Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Shape Memory Alloy Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Shape Memory Alloy
1.2 Key Market Segments
1.2.1 Shape Memory Alloy Segment by Type
1.2.2 Shape Memory Alloy Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Shape Memory Alloy Market Overview
2.1 Global Market Overview
2.1.1 Global Shape Memory Alloy Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Shape Memory Alloy Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Shape Memory Alloy Market Competitive Landscape
3.1 Global Shape Memory Alloy Sales by Manufacturers (2019-2024)
3.2 Global Shape Memory Alloy Revenue Market Share by Manufacturers (2019-2024)
3.3 Shape Memory Alloy Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Shape Memory Alloy Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Shape Memory Alloy Sales Sites, Area Served, Product Type
3.6 Shape Memory Alloy Market Competitive Situation and Trends
3.6.1 Shape Memory Alloy Market Concentration Rate
3.6.2 Global 5 and 10 Largest Shape Memory Alloy Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Shape Memory Alloy Industry Chain Analysis
4.1 Shape Memory Alloy Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Shape Memory Alloy Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Shape Memory Alloy Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Shape Memory Alloy Sales Market Share by Type (2019-2024)
6.3 Global Shape Memory Alloy Market Size Market Share by Type (2019-2024)
6.4 Global Shape Memory Alloy Price by Type (2019-2024)
7 Shape Memory Alloy Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Shape Memory Alloy Market Sales by Application (2019-2024)
7.3 Global Shape Memory Alloy Market Size (M USD) by Application (2019-2024)
7.4 Global Shape Memory Alloy Sales Growth Rate by Application (2019-2024)
8 Shape Memory Alloy Market Segmentation by Region
8.1 Global Shape Memory Alloy Sales by Region
8.1.1 Global Shape Memory Alloy Sales by Region
8.1.2 Global Shape Memory Alloy Sales Market Share by Region
8.2 North America
8.2.1 North America Shape Memory Alloy Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Shape Memory Alloy Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Shape Memory Alloy Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Shape Memory Alloy Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Shape Memory Alloy Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Nitinol Devices and Components
9.1.1 Nitinol Devices and Components Shape Memory Alloy Basic Information
9.1.2 Nitinol Devices and Components Shape Memory Alloy Product Overview
9.1.3 Nitinol Devices and Components Shape Memory Alloy Product Market Performance
9.1.4 Nitinol Devices and Components Business Overview
9.1.5 Nitinol Devices and Components Shape Memory Alloy SWOT Analysis
9.1.6 Nitinol Devices and Components Recent Developments
9.2 SAES Getters
9.2.1 SAES Getters Shape Memory Alloy Basic Information
9.2.2 SAES Getters Shape Memory Alloy Product Overview
9.2.3 SAES Getters Shape Memory Alloy Product Market Performance
9.2.4 SAES Getters Business Overview
9.2.5 SAES Getters Shape Memory Alloy SWOT Analysis
9.2.6 SAES Getters Recent Developments
9.3 Johnson Matthey
9.3.1 Johnson Matthey Shape Memory Alloy Basic Information
9.3.2 Johnson Matthey Shape Memory Alloy Product Overview
9.3.3 Johnson Matthey Shape Memory Alloy Product Market Performance
9.3.4 Johnson Matthey Shape Memory Alloy SWOT Analysis
9.3.5 Johnson Matthey Business Overview
9.3.6 Johnson Matthey Recent Developments
9.4 ATI
9.4.1 ATI Shape Memory Alloy Basic Information
9.4.2 ATI Shape Memory Alloy Product Overview
9.4.3 ATI Shape Memory Alloy Product Market Performance
9.4.4 ATI Business Overview
9.4.5 ATI Recent Developments
9.5 Fort Wayne Metals
9.5.1 Fort Wayne Metals Shape Memory Alloy Basic Information
9.5.2 Fort Wayne Metals Shape Memory Alloy Product Overview
9.5.3 Fort Wayne Metals Shape Memory Alloy Product Market Performance
9.5.4 Fort Wayne Metals Business Overview
9.5.5 Fort Wayne Metals Recent Developments
9.6 Metalwerks PMD
9.6.1 Metalwerks PMD Shape Memory Alloy Basic Information
9.6.2 Metalwerks PMD Shape Memory Alloy Product Overview
9.6.3 Metalwerks PMD Shape Memory Alloy Product Market Performance
9.6.4 Metalwerks PMD Business Overview
9.6.5 Metalwerks PMD Recent Developments
9.7 Johnson Matthey
9.7.1 Johnson Matthey Shape Memory Alloy Basic Information
9.7.2 Johnson Matthey Shape Memory Alloy Product Overview
9.7.3 Johnson Matthey Shape Memory Alloy Product Market Performance
9.7.4 Johnson Matthey Business Overview
9.7.5 Johnson Matthey Recent Developments
9.8 Furukawa
9.8.1 Furukawa Shape Memory Alloy Basic Information
9.8.2 Furukawa Shape Memory Alloy Product Overview
9.8.3 Furukawa Shape Memory Alloy Product Market Performance
9.8.4 Furukawa Business Overview
9.8.5 Furukawa Recent Developments
9.9 Nippon Seisen
9.9.1 Nippon Seisen Shape Memory Alloy Basic Information
9.9.2 Nippon Seisen Shape Memory Alloy Product Overview
9.9.3 Nippon Seisen Shape Memory Alloy Product Market Performance
9.9.4 Nippon Seisen Business Overview
9.9.5 Nippon Seisen Recent Developments
9.10 Dynalloy
9.10.1 Dynalloy Shape Memory Alloy Basic Information
9.10.2 Dynalloy Shape Memory Alloy Product Overview
9.10.3 Dynalloy Shape Memory Alloy Product Market Performance
9.10.4 Dynalloy Business Overview
9.10.5 Dynalloy Recent Developments
9.11 Ultimate NiTi Technologies
9.11.1 Ultimate NiTi Technologies Shape Memory Alloy Basic Information
9.11.2 Ultimate NiTi Technologies Shape Memory Alloy Product Overview
9.11.3 Ultimate NiTi Technologies Shape Memory Alloy Product Market Performance
9.11.4 Ultimate NiTi Technologies Business Overview
9.11.5 Ultimate NiTi Technologies Recent Developments
9.12 Grikin
9.12.1 Grikin Shape Memory Alloy Basic Information
9.12.2 Grikin Shape Memory Alloy Product Overview
9.12.3 Grikin Shape Memory Alloy Product Market Performance
9.12.4 Grikin Business Overview
9.12.5 Grikin Recent Developments
9.13 PEIER Tech
9.13.1 PEIER Tech Shape Memory Alloy Basic Information
9.13.2 PEIER Tech Shape Memory Alloy Product Overview
9.13.3 PEIER Tech Shape Memory Alloy Product Market Performance
9.13.4 PEIER Tech Business Overview
9.13.5 PEIER Tech Recent Developments
9.14 Saite Metal
9.14.1 Saite Metal Shape Memory Alloy Basic Information
9.14.2 Saite Metal Shape Memory Alloy Product Overview
9.14.3 Saite Metal Shape Memory Alloy Product Market Performance
9.14.4 Saite Metal Business Overview
9.14.5 Saite Metal Recent Developments
9.15 Seemine
9.15.1 Seemine Shape Memory Alloy Basic Information
9.15.2 Seemine Shape Memory Alloy Product Overview
9.15.3 Seemine Shape Memory Alloy Product Market Performance
9.15.4 Seemine Business Overview
9.15.5 Seemine Recent Developments
9.16 Smart
9.16.1 Smart Shape Memory Alloy Basic Information
9.16.2 Smart Shape Memory Alloy Product Overview
9.16.3 Smart Shape Memory Alloy Product Market Performance
9.16.4 Smart Business Overview
9.16.5 Smart Recent Developments
9.17 Baoji Seabird Metal
9.17.1 Baoji Seabird Metal Shape Memory Alloy Basic Information
9.17.2 Baoji Seabird Metal Shape Memory Alloy Product Overview
9.17.3 Baoji Seabird Metal Shape Memory Alloy Product Market Performance
9.17.4 Baoji Seabird Metal Business Overview
9.17.5 Baoji Seabird Metal Recent Developments
9.18 GEE
9.18.1 GEE Shape Memory Alloy Basic Information
9.18.2 GEE Shape Memory Alloy Product Overview
9.18.3 GEE Shape Memory Alloy Product Market Performance
9.18.4 GEE Business Overview
9.18.5 GEE Recent Developments
10 Shape Memory Alloy Market Forecast by Region
10.1 Global Shape Memory Alloy Market Size Forecast
10.2 Global Shape Memory Alloy Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Shape Memory Alloy Market Size Forecast by Country
10.2.3 Asia Pacific Shape Memory Alloy Market Size Forecast by Region
10.2.4 South America Shape Memory Alloy Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Shape Memory Alloy by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Shape Memory Alloy Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Shape Memory Alloy by Type (2025-2030)
11.1.2 Global Shape Memory Alloy Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Shape Memory Alloy by Type (2025-2030)
11.2 Global Shape Memory Alloy Market Forecast by Application (2025-2030)
11.2.1 Global Shape Memory Alloy Sales (Kilotons) Forecast by Application
11.2.2 Global Shape Memory Alloy Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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