The Shape Memory Alloys Global Market Report 2023, provides comprehensive information on the shape memory alloys market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Shape Memory Alloys Global Market Report 2023, the global shape memory alloys market size grew from $11.68 billion in 2022 to $13.2 billion in 2023 at a compound annual growth rate (CAGR) of 13.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The shape memory alloys market size is expected to grow to $21.41 billion in 2027 at a CAGR of 12.9%.
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The shape memory alloys market is segmented:
By Product Type
Sheets
Wires
Tubes
Rods
Springs
By Material
Nickel-Titanium
Copper-based
Iron-based
Silver-based
Gold-based
Cobalt-based
By End-Use Industry
Biomedical
Aerospace AndDefence
Automotive
Consumer Electronics
Home Appliances
Top Major Players:
SAES Getters S.p.A.
Nippon Steel Corporation
Fort Wayne Metals Research Products Corp
Xi’an Saite Metal Materials Development Co. Ltd.
Dynalloy Inc
North America was the largest region in the shape memory alloys market in 2022.
The table of contents in TBRC’s shape memory alloys market report includes:
1. Executive Summary
2. Shape Memory Alloys Market Characteristics
3. Shape Memory Alloys Market Trends And Strategies
4. Shape Memory Alloys Market – Macro Economic Scenario
5. Shape Memory Alloys Market Size And Growth
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26. Africa Shape Memory Alloys Market
27. Shape Memory Alloys Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Shape Memory Alloys Market
29. Shape Memory Alloys Market Future Outlook and Potential Analysis
30. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Shape Memory Alloys Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Shape Memory Alloys Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Shape Memory Alloys Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 46: SAES Getters S.p.A. Financial Performance
Table 47: NIPPON STEEL CORPORATION Financial Performance
Table 48: Fort Wayne Metals Research Products Corp Financial Performance
Table 49: Xi’an Saite Metal Materials Development Co. Ltd Financial Performance
Table 50: Dynalloy Inc Financial Performance
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