Global Shape Memory Alloys Market Research Report 2023(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 Alloys Market Size was estimated at USD 846.2 million in 2022 and is projected to reach USD 1507.58 million by 2029, exhibiting a CAGR of 8.60% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Shape Memory Alloys 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 Alloys 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 Alloys market in any manner.
Global Shape Memory Alloys 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
G.RAU GmbH & Co. KG
ATI Wah-chang
Johnson Matthey
Fort Wayne Metals
Furukawa Electric
Nippon Steel & Sumitomo Metal
Nippon Seisen
Metalwerks PMD
Ultimate NiTi Technologies
Dynalloy
Grikin
PEIER Tech
Saite Metal
Smart
Baoji Seabird Metal
GEE
Market Segmentation (by Type)
Nickel-Titanium
Copper Based
Fe Based
Others
Market Segmentation (by Application)
Residential
Commercial
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 Alloys Market
Overview of the regional outlook of the Shape Memory Alloys 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
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Shape Memory Alloys
- 1.2 Key Market Segments
- 1.2.1 Shape Memory Alloys Segment by Type
- 1.2.2 Shape Memory Alloys 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 Alloys Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Shape Memory Alloys Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Shape Memory Alloys Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Shape Memory Alloys Market Competitive Landscape
- 3.1 Global Shape Memory Alloys Sales by Manufacturers (2018-2023)
- 3.2 Global Shape Memory Alloys Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Shape Memory Alloys Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Shape Memory Alloys Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Shape Memory Alloys Sales Sites, Area Served, Product Type
- 3.6 Shape Memory Alloys Market Competitive Situation and Trends
- 3.6.1 Shape Memory Alloys Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Shape Memory Alloys Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Shape Memory Alloys Industry Chain Analysis
- 4.1 Shape Memory Alloys 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 Alloys 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 Alloys Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Shape Memory Alloys Sales Market Share by Type (2018-2023)
- 6.3 Global Shape Memory Alloys Market Size Market Share by Type (2018-2023)
- 6.4 Global Shape Memory Alloys Price by Type (2018-2023)
- 7 Shape Memory Alloys Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Shape Memory Alloys Market Sales by Application (2018-2023)
- 7.3 Global Shape Memory Alloys Market Size (M USD) by Application (2018-2023)
- 7.4 Global Shape Memory Alloys Sales Growth Rate by Application (2018-2023)
- 8 Shape Memory Alloys Market Segmentation by Region
- 8.1 Global Shape Memory Alloys Sales by Region
- 8.1.1 Global Shape Memory Alloys Sales by Region
- 8.1.2 Global Shape Memory Alloys Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Shape Memory Alloys 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 Alloys 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 Alloys 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 Alloys 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 Alloys 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 andamp; Components
- 9.1.1 Nitinol Devices andamp; Components Shape Memory Alloys Basic Information
- 9.1.2 Nitinol Devices andamp; Components Shape Memory Alloys Product Overview
- 9.1.3 Nitinol Devices andamp; Components Shape Memory Alloys Product Market Performance
- 9.1.4 Nitinol Devices andamp; Components Business Overview
- 9.1.5 Nitinol Devices andamp; Components Shape Memory Alloys SWOT Analysis
- 9.1.6 Nitinol Devices andamp; Components Recent Developments
- 9.2 SAES Getters
- 9.2.1 SAES Getters Shape Memory Alloys Basic Information
- 9.2.2 SAES Getters Shape Memory Alloys Product Overview
- 9.2.3 SAES Getters Shape Memory Alloys Product Market Performance
- 9.2.4 SAES Getters Business Overview
- 9.2.5 SAES Getters Shape Memory Alloys SWOT Analysis
- 9.2.6 SAES Getters Recent Developments
- 9.3 G.RAU GmbH andamp; Co. KG
- 9.3.1 G.RAU GmbH andamp; Co. KG Shape Memory Alloys Basic Information
- 9.3.2 G.RAU GmbH andamp; Co. KG Shape Memory Alloys Product Overview
- 9.3.3 G.RAU GmbH andamp; Co. KG Shape Memory Alloys Product Market Performance
- 9.3.4 G.RAU GmbH andamp; Co. KG Business Overview
- 9.3.5 G.RAU GmbH andamp; Co. KG Shape Memory Alloys SWOT Analysis
- 9.3.6 G.RAU GmbH andamp; Co. KG Recent Developments
- 9.4 ATI Wah-chang
- 9.4.1 ATI Wah-chang Shape Memory Alloys Basic Information
- 9.4.2 ATI Wah-chang Shape Memory Alloys Product Overview
- 9.4.3 ATI Wah-chang Shape Memory Alloys Product Market Performance
- 9.4.4 ATI Wah-chang Business Overview
- 9.4.5 ATI Wah-chang Shape Memory Alloys SWOT Analysis
- 9.4.6 ATI Wah-chang Recent Developments
- 9.5 Johnson Matthey
- 9.5.1 Johnson Matthey Shape Memory Alloys Basic Information
- 9.5.2 Johnson Matthey Shape Memory Alloys Product Overview
- 9.5.3 Johnson Matthey Shape Memory Alloys Product Market Performance
- 9.5.4 Johnson Matthey Business Overview
- 9.5.5 Johnson Matthey Shape Memory Alloys SWOT Analysis
- 9.5.6 Johnson Matthey Recent Developments
- 9.6 Fort Wayne Metals
- 9.6.1 Fort Wayne Metals Shape Memory Alloys Basic Information
- 9.6.2 Fort Wayne Metals Shape Memory Alloys Product Overview
- 9.6.3 Fort Wayne Metals Shape Memory Alloys Product Market Performance
- 9.6.4 Fort Wayne Metals Business Overview
- 9.6.5 Fort Wayne Metals Recent Developments
- 9.7 Furukawa Electric
- 9.7.1 Furukawa Electric Shape Memory Alloys Basic Information
- 9.7.2 Furukawa Electric Shape Memory Alloys Product Overview
- 9.7.3 Furukawa Electric Shape Memory Alloys Product Market Performance
- 9.7.4 Furukawa Electric Business Overview
- 9.7.5 Furukawa Electric Recent Developments
- 9.8 Nippon Steel andamp; Sumitomo Metal
- 9.8.1 Nippon Steel andamp; Sumitomo Metal Shape Memory Alloys Basic Information
- 9.8.2 Nippon Steel andamp; Sumitomo Metal Shape Memory Alloys Product Overview
- 9.8.3 Nippon Steel andamp; Sumitomo Metal Shape Memory Alloys Product Market Performance
- 9.8.4 Nippon Steel andamp; Sumitomo Metal Business Overview
- 9.8.5 Nippon Steel andamp; Sumitomo Metal Recent Developments
- 9.9 Nippon Seisen
- 9.9.1 Nippon Seisen Shape Memory Alloys Basic Information
- 9.9.2 Nippon Seisen Shape Memory Alloys Product Overview
- 9.9.3 Nippon Seisen Shape Memory Alloys Product Market Performance
- 9.9.4 Nippon Seisen Business Overview
- 9.9.5 Nippon Seisen Recent Developments
- 9.10 Metalwerks PMD
- 9.10.1 Metalwerks PMD Shape Memory Alloys Basic Information
- 9.10.2 Metalwerks PMD Shape Memory Alloys Product Overview
- 9.10.3 Metalwerks PMD Shape Memory Alloys Product Market Performance
- 9.10.4 Metalwerks PMD Business Overview
- 9.10.5 Metalwerks PMD Recent Developments
- 9.11 Ultimate NiTi Technologies
- 9.11.1 Ultimate NiTi Technologies Shape Memory Alloys Basic Information
- 9.11.2 Ultimate NiTi Technologies Shape Memory Alloys Product Overview
- 9.11.3 Ultimate NiTi Technologies Shape Memory Alloys Product Market Performance
- 9.11.4 Ultimate NiTi Technologies Business Overview
- 9.11.5 Ultimate NiTi Technologies Recent Developments
- 9.12 Dynalloy
- 9.12.1 Dynalloy Shape Memory Alloys Basic Information
- 9.12.2 Dynalloy Shape Memory Alloys Product Overview
- 9.12.3 Dynalloy Shape Memory Alloys Product Market Performance
- 9.12.4 Dynalloy Business Overview
- 9.12.5 Dynalloy Recent Developments
- 9.13 Grikin
- 9.13.1 Grikin Shape Memory Alloys Basic Information
- 9.13.2 Grikin Shape Memory Alloys Product Overview
- 9.13.3 Grikin Shape Memory Alloys Product Market Performance
- 9.13.4 Grikin Business Overview
- 9.13.5 Grikin Recent Developments
- 9.14 PEIER Tech
- 9.14.1 PEIER Tech Shape Memory Alloys Basic Information
- 9.14.2 PEIER Tech Shape Memory Alloys Product Overview
- 9.14.3 PEIER Tech Shape Memory Alloys Product Market Performance
- 9.14.4 PEIER Tech Business Overview
- 9.14.5 PEIER Tech Recent Developments
- 9.15 Saite Metal
- 9.15.1 Saite Metal Shape Memory Alloys Basic Information
- 9.15.2 Saite Metal Shape Memory Alloys Product Overview
- 9.15.3 Saite Metal Shape Memory Alloys Product Market Performance
- 9.15.4 Saite Metal Business Overview
- 9.15.5 Saite Metal Recent Developments
- 9.16 Smart
- 9.16.1 Smart Shape Memory Alloys Basic Information
- 9.16.2 Smart Shape Memory Alloys Product Overview
- 9.16.3 Smart Shape Memory Alloys 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 Alloys Basic Information
- 9.17.2 Baoji Seabird Metal Shape Memory Alloys Product Overview
- 9.17.3 Baoji Seabird Metal Shape Memory Alloys 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 Alloys Basic Information
- 9.18.2 GEE Shape Memory Alloys Product Overview
- 9.18.3 GEE Shape Memory Alloys Product Market Performance
- 9.18.4 GEE Business Overview
- 9.18.5 GEE Recent Developments
- 10 Shape Memory Alloys Market Forecast by Region
- 10.1 Global Shape Memory Alloys Market Size Forecast
- 10.2 Global Shape Memory Alloys Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Shape Memory Alloys Market Size Forecast by Country
- 10.2.3 Asia Pacific Shape Memory Alloys Market Size Forecast by Region
- 10.2.4 South America Shape Memory Alloys Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Shape Memory Alloys by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Shape Memory Alloys Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Shape Memory Alloys by Type (2024-2029)
- 11.1.2 Global Shape Memory Alloys Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Shape Memory Alloys by Type (2024-2029)
- 11.2 Global Shape Memory Alloys Market Forecast by Application (2024-2029)
- 11.2.1 Global Shape Memory Alloys Sales (K MT) Forecast by Application
- 11.2.2 Global Shape Memory Alloys Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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