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Shape Memory Alloys Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • ID: 5009130
  • Report
  • March 2020
  • Region: Global
  • 104 pages
  • IMARC Group
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FEATURED COMPANIES

  • Allegheny Technologies
  • Dynalloy Inc.
  • Euroflex Gmbh
  • Fort Wayne Metals
  • G. Rau GmbH & Co. KG
  • Metalwerks Inc
  • MORE
The global shape memory alloys market reached a value of US$ 6.8 Billion in 2019. 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. Looking forward, the publisher expects the market to reach a value of US$ 12.1 Billion by 2025, exhibiting a CAGR of around 10% during 2020-2025.

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
Columbia
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, ATI Specialty Alloys & Components, Dynalloy Inc., Euroflex Gmbh, Fort Wayne Metals, G. Rau GmbH & Co. KG, Metalwerks Inc, Nippon Steel Corporation, SAES Getters, The Furukawa Electric Co. Ltd., TiNi Aerospace Inc., Ultimate Niti, etc.

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?
  • 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?
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Allegheny Technologies
  • Dynalloy Inc.
  • Euroflex Gmbh
  • Fort Wayne Metals
  • G. Rau GmbH & Co. KG
  • Metalwerks Inc
  • MORE
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 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
10.2.6 Russia
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
10.4 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 Columbia
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 Baoji Seabird Metal Material Co.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Dynalloy Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Euroflex Gmbh
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Fort Wayne Metals
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 G. Rau GmbH & Co. KG
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Metalwerks Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Nippon Steel Corporation
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 SAES Getters
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 The Furukawa Electric Co. Ltd.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 TiNi Aerospace Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Ultimate Niti
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
Note: Product cover images may vary from those shown
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  • Allegheny Technologies
  • ATI Specialty Alloys & Components
  • Dynalloy Inc.
  • Euroflex Gmbh
  • Fort Wayne Metals
  • G. Rau GmbH & Co. KG
  • Metalwerks Inc
  • Nippon Steel Corporation
  • SAES Getters
  • The Furukawa Electric Co. Ltd.
  • TiNi Aerospace Inc.
  • Ultimate Niti
Note: Product cover images may vary from those shown
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