Global Shape Memory Alloy Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	120 Pages	TechNavio	November, 2022	INF17550597

Best Price Guarantee
Price	from $2,500
Length	120 Pages
Publisher	TechNavio
Published Date	November, 2022
SKU	INF17550597

Global Shape Memory Alloy Market 2023-2027

Technavio has been monitoring the shape memory alloy market and it is poised to grow by $2142.28 mn during 2023-2027, accelerating at a CAGR of 9.84% during the forecast period. Our report on the shape memory alloy market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the biocompatibility of Nitinol, growing application areas of shape memory alloys, and increasing use by R&D institutions in aerospace and defense and consumer products.

Technavio's shape memory alloy market is segmented as below:

By Application

Biomedical
Automotive
A&D
Others

By Type

Nickel-titanium
Copper-based
Others

By Geographical Landscape

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the development of shape memory alloys with high fatigue life as one of the prime reasons driving the shape memory alloy market growth during the next few years. Also, the development of tires with shape memory alloy and the adoption of iron-based shape memory alloys in construction will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the shape memory alloy market covers the following areas:

Shape memory alloy market sizing
Shape memory alloy market forecast
Shape memory alloy market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading shape memory alloy market vendors that include Allegheny Technologies Inc., Boston Centerless Inc., Confluent Medical Technologies, DYNALLOY Inc, EUROFLEX GmbH, Fort Wayne Metals Research Products Corp., Furukawa Electric Co. Ltd., Hangzhou Ualloy Material Co. Ltd., Johnson Matthey Plc, LB Officine Meccaniche Spa, M & T (Taiwan) Co. Ltd., Metalwerks Inc., Nanoshel LLC, Nippon Seisen Co. Ltd., Nippon Steel Corp., Precision Castparts Corp., ResearchGate GmbH, SAES GETTERS Spa, and Sea Bird Scientific. Also, the shape memory alloy market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Application
  - Table Executive Summary – Chart on Market Segmentation by Type
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on Global - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
  - Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Historic Market Size
- Global Shape Memory Alloy Market 2017 - 2021
  - Table Historic Market Size – Data Table on Global Shape Memory Alloy Market 2017 - 2021 ($ million)
- Application Segment Analysis 2017 - 2021
  - Table Historic Market Size – Application Segment 2017 - 2021 ($ million)
- Type Segment Analysis 2017 - 2021
  - Table Historic Market Size – Type Segment 2017 - 2021 ($ million)
- Geography Segment Analysis 2017 - 2021
  - Table Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- Country Segment Analysis 2017 - 2021
  - Table Historic Market Size – Country Segment 2017 - 2021 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by Application
- Market segments
  - Table Chart on Application - Market share 2022-2027 (%)
  - Table Data Table on Application - Market share 2022-2027 (%)
- Comparison by Application
  - Table Chart on Comparison by Application
  - Table Data Table on Comparison by Application
- Biomedical - Market size and forecast 2022-2027
  - Table Chart on Biomedical - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Biomedical - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Biomedical - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Biomedical - Year-over-year growth 2022-2027 (%)
- Automotive - Market size and forecast 2022-2027
  - Table Chart on Automotive - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Automotive - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Automotive - Year-over-year growth 2022-2027 (%)
- A and D - Market size and forecast 2022-2027
  - Table Chart on A and D - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on A and D - Market size and forecast 2022-2027 ($ million)
  - Table Chart on A and D - Year-over-year growth 2022-2027 (%)
  - Table Data Table on A and D - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by Application
  - Table Market opportunity by Application ($ million)
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2022-2027 (%)
  - Table Data Table on Type - Market share 2022-2027 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- Nickel-titanium - Market size and forecast 2022-2027
  - Table Chart on Nickel-titanium - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Nickel-titanium - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Nickel-titanium - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Nickel-titanium - Year-over-year growth 2022-2027 (%)
- Copper-based - Market size and forecast 2022-2027
  - Table Chart on Copper-based - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Copper-based - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Copper-based - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Copper-based - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2022-2027 (%)
  - Table Data Table on Market share by geography 2022-2027 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- North America - Market size and forecast 2022-2027
  - Table Chart on North America - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
  - Table Chart on North America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on North America - Year-over-year growth 2022-2027 (%)
- APAC - Market size and forecast 2022-2027
  - Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
  - Table Chart on APAC - Year-over-year growth 2022-2027 (%)
  - Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
- Europe - Market size and forecast 2022-2027
  - Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Europe - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
- South America - Market size and forecast 2022-2027
  - Table Chart on South America - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
  - Table Chart on South America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on South America - Year-over-year growth 2022-2027 (%)
- Middle East and Africa - Market size and forecast 2022- 2027
  - Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- US - Market size and forecast 2022-2027
  - Table Chart on US - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on US - Market size and forecast 2022-2027 ($ million)
  - Table Chart on US - Year-over-year growth 2022-2027 (%)
  - Table Data Table on US - Year-over-year growth 2022-2027 (%)
- China - Market size and forecast 2022-2027
  - Table Chart on China - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on China - Market size and forecast 2022-2027 ($ million)
  - Table Chart on China - Year-over-year growth 2022-2027 (%)
  - Table Data Table on China - Year-over-year growth 2022-2027 (%)
- Germany - Market size and forecast 2022-2027
  - Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Germany - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
- Japan - Market size and forecast 2022-2027
  - Table Chart on Japan - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Japan - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Japan - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
- France - Market size and forecast 2022-2027
  - Table Chart on France - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on France - Market size and forecast 2022-2027 ($ million)
  - Table Chart on France - Year-over-year growth 2022-2027 (%)
  - Table Data Table on France - Year-over-year growth 2022-2027 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Biocompatibility of Nitinol
  - Growing application areas of shape memory alloys
  - Increasing use by R and D institutions in aerospace and defense and consumer products
- Market challenges
  - High cost of shape memory alloys
  - High cost of machining and poor fatigue properties in comparison with steel
  - Costs associated with regulatory requirements
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Development of shape memory alloys with high fatigue life
  - Development of tires with shape memory alloy
  - Adoption of iron-based shape memory alloys in construction
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Allegheny Technologies Inc.
  - Table Allegheny Technologies Inc. - Overview
  - Table Allegheny Technologies Inc. - Business segments
  - Table Allegheny Technologies Inc. - Key news
  - Table Allegheny Technologies Inc. - Key offerings
  - Table Allegheny Technologies Inc. - Segment focus
- Boston Centerless Inc.
  - Table Boston Centerless Inc. - Overview
  - Table Boston Centerless Inc. - Product / Service
  - Table Boston Centerless Inc. - Key news
  - Table Boston Centerless Inc. - Key offerings
- Confluent Medical Technologies
  - Table Confluent Medical Technologies - Overview
  - Table Confluent Medical Technologies - Product / Service
  - Table Confluent Medical Technologies - Key news
  - Table Confluent Medical Technologies - Key offerings
- DYNALLOY Inc
  - Table DYNALLOY Inc - Overview
  - Table DYNALLOY Inc - Product / Service
  - Table DYNALLOY Inc - Key offerings
- EUROFLEX GmbH
  - Table EUROFLEX GmbH - Overview
  - Table EUROFLEX GmbH - Product / Service
  - Table EUROFLEX GmbH - Key offerings
- Fort Wayne Metals Research Products Corp.
  - Table Fort Wayne Metals Research Products Corp. - Overview
  - Table Fort Wayne Metals Research Products Corp. - Product / Service
  - Table Fort Wayne Metals Research Products Corp. - Key offerings
- Furukawa Electric Co. Ltd.
  - Table Furukawa Electric Co. Ltd. - Overview
  - Table Furukawa Electric Co. Ltd. - Business segments
  - Table Furukawa Electric Co. Ltd. - Key news
  - Table Furukawa Electric Co. Ltd. - Key offerings
  - Table Furukawa Electric Co. Ltd. - Segment focus
- Hangzhou Ualloy Material Co. Ltd.
  - Table Hangzhou Ualloy Material Co. Ltd. - Overview
  - Table Hangzhou Ualloy Material Co. Ltd. - Product / Service
  - Table Hangzhou Ualloy Material Co. Ltd. - Key offerings
- Johnson Matthey Plc
  - Table Johnson Matthey Plc - Overview
  - Table Johnson Matthey Plc - Business segments
  - Table Johnson Matthey Plc - Key offerings
  - Table Johnson Matthey Plc - Segment focus
- LB Officine Meccaniche Spa
  - Table LB Officine Meccaniche Spa - Overview
  - Table LB Officine Meccaniche Spa - Business segments
  - Table LB Officine Meccaniche Spa - Key news
  - Table LB Officine Meccaniche Spa - Key offerings
  - Table LB Officine Meccaniche Spa - Segment focus
- M & T (Taiwan) Co. Ltd.
  - Table M & T (Taiwan) Co. Ltd. - Overview
  - Table M & T (Taiwan) Co. Ltd. - Product / Service
  - Table M & T (Taiwan) Co. Ltd. - Key offerings
- Metalwerks Inc.
  - Table Metalwerks Inc. - Overview
  - Table Metalwerks Inc. - Product / Service
  - Table Metalwerks Inc. - Key offerings
- Nanoshel LLC
  - Table Nanoshel LLC - Overview
  - Table Nanoshel LLC - Product / Service
  - Table Nanoshel LLC - Key offerings
- Nippon Seisen Co. Ltd.
  - Table Nippon Seisen Co. Ltd. - Overview
  - Table Nippon Seisen Co. Ltd. - Product / Service
  - Table Nippon Seisen Co. Ltd. - Key offerings
- ResearchGate GmbH
  - Table ResearchGate GmbH - Overview
  - Table ResearchGate GmbH - Product / Service
  - Table ResearchGate GmbH - Key news
  - Table ResearchGate GmbH - Key offerings
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations