Shape Memory Alloy Market

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Global Shape Memory Alloy Market Industry Trends
and Forecast to 2025
Global Shape Memory Alloy Market, By Type
(Nickel-Titanium (Nitinol), Copper-Based Alloys,
Iron-Manganese-Silicon (FE-MN-SI) and Others) By
End-Use Industry (Biomedical, Aerospace
Defense, Automotive, Consumer Electronics Home
Appliances and Others), By Geography (North
America, South America, Europe, Asia-Pacific,
Middle East and Africa)
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Report Description
global Shape Memory Alloy market is expected to
reach USD 26.87 billion by 2025, from USD 10.62
billion in 2017 growing at a CAGR of 12.3 during
the forecast period of 2018 to 2025. Shape
memory alloys are the special alloys and they
return to their original shape when they are
heated. They have gained a lot of attention in
past few years gained much attention in the
recent as this alloys have unique
characteristics, properties, and application
which help in addressing typical design
complexities. Shape memory alloy can be broadly
segmented as one way shape memory and two way
shape memory.
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Major Key Players

• Some of the major players operating in this
  market are
• ATI Specialty Alloys Components
• SAES
• Johnson Matthey
• Nippon Steel Sumitomo Metal
• Furukawa Electric Company
• Fort Wayne Metals
• Nippon Seisen Co. Ltd.
• Xian Saite Metal Materials Development Company
  Limited
• Seabird Metal Material Co., Ltd.
• Dynalloy Inc.

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Market Segmentation

• By Type (Nickel-Titanium (Nitinol), Copper-Based
  Alloys, Iron-Manganese-Silicon (FE-MN-SI) and
  Others)
• By End-Use Industry (Biomedical, Aerospace
  Defense, Automotive, Consumer Electronics Home
  Appliances and Others)
• By Geography (North America, South America,
  Europe, Asia-Pacific, Middle East and Africa)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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