Global Shape Memory Alloy Market Size, Share, Forecast Report 2019-2025

The demand for Shape Memory Alloy market is projected to reach 20.1 USD billion by 2025, while actuating at an estimated CAGR of 10.2% from 2019 to 2025. Growing investment and innovation in multifunctional smart material across the globe are the key drivers for the market growth. Further, increasing application of SMA across diverse field of engineering is expected to be one of the prominent drivers for higher demand of Shape Memory Alloys across the globe.

The years used for the assessment are as follows;

  • Historical year  : 2015, 2016 and 2017
  • Base year      : 2018
  • Forecast period : 2019 – 2025

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year Impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total Shape Memory Alloy market and its various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the market
  • Finalizing the overall size and share for the global Shape Memory Alloy market

OBJECTIVES:

  • To classify the Shape Memory Alloy market into segments by type, memory effect, function, application, end-use and country to analyze their growth prospects individually.
  • To analyze market trends, opportunities, drivers and restraints associated with the Shape Memory Alloy market.
  • Profiling key companies operating in the Shape Memory Alloy market.
  • To study market response with respect to the mergers and acquisitions in the industry

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Type (Million USD)

1.2.2. Market Breakdown, By Memory Effect (Million USD)

1.2.3. Market Breakdown, By Function (Million USD)

1.2.4. Market Breakdown, By Application (Million USD)

1.2.5. Market Breakdown, By End-Use (Million USD)

1.2.6. Market Breakdown, By Region

1.3. Research Methodology

1.3.1. Initial Data Search

1.3.2. Secondary Research

1.3.3. Primary Research

1.3.4. Scope and Assumptions

1.4. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Market Outlook

2.2.1. Market Share

2.2.2. Opportunities and Trends

  2.2.2.1. Potential application in 3D and 4D printings

  2.2.2.2. Advancement in surgical procedures and devices

2.2.3. Growth Drivers

  2.2.3.1. Becoming material of choice for variety of application across diverse industries

  2.2.3.2. Positive development for large scale commercialization

2.2.4. Impact Analysis of Drivers on Future Forecast of the Market

2.2.5. Restraints of the Market

2.2.5.1. High associated cost

2.2.6. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. Value Chain Analysis

3.2. Competitive Analysis

3.2.1. Company Market Share Analysis

3.2.2. Porter’s Five Forces Analysis

CHAPTER 4. Global Shape Memory Alloy Market Size and Forecast (2015 – 2025)

4.1. Global Shape Memory Alloy Market, By Projection Technology (Million USD)

4.1.1. Nitinol

4.1.2. Cu-Zn-Al-Ni

4.1.3. Cu-Al-Ni

4.1.4. Iron-Magnese-Silicon

4.1.5. Nickel-Aluminium

4.1.6. Nickel-Titanium

4.1.7. Others

4.2. Global Shape Memory Alloy Market, By Memory Effect (Million USD)

4.2.1. One way

4.2.2. Two-Way

4.3. Global Shape Memory Alloy Market, By Function (Million USD)

4.3.1. Pseudoelasticity

4.3.2. Constrained Recovery

4.3.3. Free Recovery

4.3.4. Actuation Recovery

4.4. Global Shape Memory Alloy Market, By Application (Million USD)

4.4.1. Laser

4.4.2. Motor and Actuators

4.4.3. Transducer

4.4.4. Structural Material

4.4.5. Sensors

4.4.6. Others

4.5. Global Shape Memory Alloy Market, By End-Use (Million USD)

4.5.1. Medical

4.5.1.1. Catheters

4.5.1.2. Medical guide wires

4.5.1.3. Bone plates

4.5.1.4. Stents

4.5.1.5. Others

4.5.2. Aircraft

4.5.2.1. Wings

4.5.2.2. Engine

4.5.2.3. Stabilizer

4.5.2.4. Landing gear

4.5.2.5. Others

4.5.3. Civil

4.5.3.1. Reinforcing material

4.5.3.2. Damping devices

4.5.3.3. Structural connection

4.5.3.4. Isolation devices

4.5.3.5. Frames

4.5.4. Automotive

4.5.4.1. Body frame

4.5.4.2. Engines

4.5.4.3. Battery

4.5.4.4. Others

4.5.5. Optics

4.5.6. Robotics

4.5.7. Consumer Electronics

4.5.8. Others

4.6. Global Shape Memory Alloy Market, By Region (Million USD)

4.6.1. North America

4.6.2. Europe

4.6.3. Asia-Pacific

4.6.4. Rest of World (RoW)

  4.6.4.1. Central and South America (CSA)

  4.6.4.2. Middle-East Africa (MEA)

CHAPTER 5. Global Shape Memory Alloy Market, By Region

5.1. North America Shape Memory Alloy Market (Million USD)

5.1.1. North America Shape Memory Alloy Market, By Type

5.1.2. North America Shape Memory Alloy Market, By Memory Effect

5.1.3. North America Shape Memory Alloy Market, By Function

5.1.4. North America Shape Memory Alloy Market, By Application

5.1.5. North America Shape Memory Alloy Market, By End-Use

5.1.6. North America Shape Memory Alloy Market, By Country

5.1.6.1. The U.S.

5.1.6.2. Canada

5.1.6.3. Mexico

5.2. Europe Shape Memory Alloy Market ( Million USD)

5.2.1. Europe Shape Memory Alloy Market, By Type

5.2.2. Europe Shape Memory Alloy Market, By Memory Effect

5.2.3. Europe Shape Memory Alloy Market, By Function

5.2.4. Europe Shape Memory Alloy Market, By Application

5.2.5. Europe Shape Memory Alloy Market, End-Use

5.2.6. Europe Shape Memory Alloy Market, By Country

5.2.6.1. Germany

5.2.6.2. U.K

5.2.6.3. France

5.2.6.4. Netherland

5.2.6.5. Spain

5.2.6.6. Rest of Europe

5.3. Asia-Pacific Shape Memory Alloy Market (Million USD)

5.3.1. Asia-Pacific Shape Memory Alloy Market, By Type

5.3.2. Asia-Pacific Shape Memory Alloy Market, By Memory Effect

5.3.3. Asia-Pacific Shape Memory Alloy Market, By Function

5.3.4. Asia-Pacific Shape Memory Alloy Market, By Application

5.3.5. Asia-Pacific Shape Memory Alloy Market, End-Use

5.3.3. Asia-Pacific Shape Memory Alloy Market, By Country

5.3.5.1. China

5.3.5.2. Japan

5.3.5.3. India

5.3.5.4. Taiwan

5.3.5.5. Australia

5.3.5.6. Rest of Asia-Pacific

5.4. RoW Shape Memory Alloy Market ( Million USD)

5.4.1. RoW Shape Memory Alloy Market, By Type

5.4.2. RoW Shape Memory Alloy Market, By Memory Effect

5.4.3. RoW Shape Memory Alloy Market, By Function

5.4.4. RoW Shape Memory Alloy Market, By Application

5.4.5. RoW Shape Memory Alloy Market, End-Use

5.4.6. RoW Shape Memory Alloy Market, By Region

5.4.6.1. Central and South America

5.4.6.2. Middle East and Africa (MEA)

CHAPTER 6. Key Players and Strategic Developments

6.1. Euroflex GmbH

6.1.1. Business Overview

6.1.2. Product and Service Offering

6.1.3. Financial Overview

6.1.4. Strategic Developments

6.2. SAES

6.2.1. Business Overview

6.2.2. Product and Service Offering

6.2.3. Financial Overview

6.2.4. Strategic Developments

6.3. ATI Specialty Alloys & Components

6.3.1. Business Overview

6.3.2. Product and Service Offering

6.3.3. Financial Overview

6.3.4. Strategic Developments

6.4. Ultimate Niti Technologies

6.4.1. Business Overview

6.4.2. Product and Service Offering

6.4.3. Financial Overview

6.4.4. Strategic Developments

6.5. Nippon Steel & Sumitomo Metal

6.5.1. Business Overview

6.5.2. Product and Service Offering

6.5.3. Financial Overview

6.5.4. Strategic Developments

6.6. Johnson Matthey

6.6.1. Business Overview

6.6.2. Product and Service Offering

6.6.3. Financial Overview

6.6.4. Strategic Developments

6.7. Stanford Advanced Materials

6.7.1. Business Overview

6.7.2. Product and Service Offering

6.7.3. Financial Overview

6.7.4. Strategic Developments

6.8. ALB Materials Inc.

6.8.1. Business Overview

6.8.2. Product and Service Offering

6.8.3. Financial Overview

6.8.4. Strategic Developments

6.9. Fort Wayne Metals Inc.

6.9.1. Business Overview

6.9.2. Product and Service Offering

6.9.3. Financial Overview

6.9.4. Strategic Developments

6.10. Memory-Metalle GmbH

6.10.1. Business Overview

6.10.2. Product and Service Offering

6.10.3. Financial Overview

6.10.4. Strategic Developments

6.11. TiNi Alloy Co.

6.11.1. Business Overview

6.11.2. Product and Service Offering

6.11.3. Financial Overview

6.11.4. Strategic Developments

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