Shape Memory Alloys Market by Type (Nitinol, Copper based, Iron-Manganese-Silicon), End-use Industry (Biomedical, Aerospace & Defense, Automotive, Consumer Electronics, and Home appliances) and Region - Global Forecast to 2026
The global shape memory alloys market size is projected to grow from USD 11.0 billion in 2021 to USD 18.8 billion by 2026, at a CAGR of 11.2% from 2021 and 2026. The growth in the market is highly attributed to the increasing demand for SMAs in the manufacturing of biomedical devices & surgical instruments, aircraft components and automotive actuators, and consumer electronics. North America is the largest market for SMAs, owing to huge demand from biomedical device manufacturing. The growth in the market is also attributed to the increasing demand for high-quality life-saving medical devices and better automotive & aircraft components. The physical properties of SMAs are encouraging their use in various end-use industries. However, the high cost of implantable devices, which is the largest application of SMAs in the biomedical industry, is the major challenge for the growth of the SMAs market.
“Nitinol type segment estimated to lead the shape memory alloys market in 2020”
By type, the Nitinol segment accounted for the largest share in the overall shape memory alloys market. Nitinol alloys are the largest type of SMAs, accounting for a major share of the market. The significantly growing biomedical end-use industry, especially for medical implants, is driving the demand for nitinol SMAs. These alloys are used in the form of wires, sheets, ribbons, and rods. Other types of SMAs include gold, cadmium, iron, zinc, and platinum-based alloys.
“Biomedical end-use segment is estimated to be the largest segment of shape memory alloys”
Biomedical is the largest end-use industry of SMAs, followed by aerospace & defense. The applications of SMAs in the automotive industry will increase as the EV market is gaining traction. SMAS are widely used in dentistry applications for the manufacturing of orthodontic wires due to their shape memory properties, super-elasticity, high ductility, and resistance to corrosion. However, due to the COVID-19 pandemic in 2020, and because of social distancing, only essential services were left open. Oral dental professionals were significantly affected due to the mass closure of dental offices. The pandemic has had a continuing effect on orthodontic treatment, which is a long process that requires regular visits. Thus, the demand for SMAs in dentistry applications declined in 2020.
“North America projected to account for the largest share of the shape memory alloys market during the forecast period”
North America is projected to have the largest share in the global shape memory alloys market, in terms of both value, from 2021 to 2026. The growth of the North American SMAs market is mainly driven by new product development and capacity expansion strategies adopted by the leading players in this region. In addition, the region is the leading market for SMAs in the biomedical industry owing to the increased demand for medical implants. The US is projected to continue dominating the market, followed by Canada, in North America. It is a developed market for SMAs, with major global market players headquartered in the country.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and other executives from various key organizations operating in the shape memory alloys market.
Research Coverage
The market study covers the shape memory alloys market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on type, end-use industry, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the shape memory alloys market.
Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall shape memory alloys market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
“Nitinol type segment estimated to lead the shape memory alloys market in 2020”
By type, the Nitinol segment accounted for the largest share in the overall shape memory alloys market. Nitinol alloys are the largest type of SMAs, accounting for a major share of the market. The significantly growing biomedical end-use industry, especially for medical implants, is driving the demand for nitinol SMAs. These alloys are used in the form of wires, sheets, ribbons, and rods. Other types of SMAs include gold, cadmium, iron, zinc, and platinum-based alloys.
“Biomedical end-use segment is estimated to be the largest segment of shape memory alloys”
Biomedical is the largest end-use industry of SMAs, followed by aerospace & defense. The applications of SMAs in the automotive industry will increase as the EV market is gaining traction. SMAS are widely used in dentistry applications for the manufacturing of orthodontic wires due to their shape memory properties, super-elasticity, high ductility, and resistance to corrosion. However, due to the COVID-19 pandemic in 2020, and because of social distancing, only essential services were left open. Oral dental professionals were significantly affected due to the mass closure of dental offices. The pandemic has had a continuing effect on orthodontic treatment, which is a long process that requires regular visits. Thus, the demand for SMAs in dentistry applications declined in 2020.
“North America projected to account for the largest share of the shape memory alloys market during the forecast period”
North America is projected to have the largest share in the global shape memory alloys market, in terms of both value, from 2021 to 2026. The growth of the North American SMAs market is mainly driven by new product development and capacity expansion strategies adopted by the leading players in this region. In addition, the region is the leading market for SMAs in the biomedical industry owing to the increased demand for medical implants. The US is projected to continue dominating the market, followed by Canada, in North America. It is a developed market for SMAs, with major global market players headquartered in the country.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and other executives from various key organizations operating in the shape memory alloys market.
- By Company Type: Tier 1: 55%, Tier 2: 30%, and Tier 3: 15%
- By Designation: C-level Executives: 21%, Directors: 23%, and Others: 56%
- By Region: North America: 15%, Europe: 27%, Asia Pacific: 45%, South America: 7%, and Middle East & Africa: 6%.
Research Coverage
The market study covers the shape memory alloys market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on type, end-use industry, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the shape memory alloys market.
Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall shape memory alloys market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
TABLE 1 INCLUSIONS AND EXCLUSIONS
FIGURE 1 SHAPE MEMORY ALLOYS MARKET SEGMENTATION
1.3.1 REGIONS COVERED
1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 SHAPE MEMORY ALLOYS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 SUPPLY-SIDE APPROACH: ASCERTAINING THE SHARE OF TOP PLAYERS IN THE GLOBAL MARKET,
FIGURE 3 APPROACH 1: SUPPLY SIDE, 2019
2.2.2 DEMAND-SIDE APPROACH: BASED ON ASSESSMENT BY TYPE AND ITS SHARE IN THE GLOBAL MARKET
FIGURE 4 APPROACH 2: BASED ON TYPE DEMAND ESTIMATE, 2019
2.2.3 RELATED MARKET APPROACH: BASED ON ASSESSMENT BY SHARE OF SHAPE MEMORY ALLOYS IN SMART MATERIAL MARKET
FIGURE 5 APPROACH 3: BASED ON THE SHARE FROM THE PARENT MARKET
2.3 DATA TRIANGULATION
FIGURE 6 SHAPE MEMORY ALLOYS MARKET: DATA TRIANGULATION
2.3.1 ASSUMPTIONS
2.3.2 LIMITATIONS
2.3.3 GROWTH RATE ASSUMPTIONS
2.4 FORECAST FACTOR IMPACTING GROWTH
FIGURE 7 FORECAST FACTOR IMPACTING GROWTH
3 EXECUTIVE SUMMARY
FIGURE 8 NITINOL SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE MARKET IN 2020
FIGURE 9 PREFERENCE OF SHAPE MEMORY ALLOYS, TYPE VS. END-USE INDUSTRY
FIGURE 10 BIOMEDICAL END-USE INDUSTRY ACCOUNTED FOR THE LARGEST SHARE OF THE MARKET IN 2020
FIGURE 11 NORTH AMERICA WAS THE LARGEST SHAPE MEMORY ALLOY MARKET IN 2020
TABLE 2 MAJOR PLAYERS PROFILED IN THIS REPORT
4 PREMIUM INSIGHTS
4.1 SIGNIFICANT OPPORTUNITIES IN SHAPE MEMORY ALLOYS MARKET
FIGURE 12 BIOMEDICAL AND AEROSPACE & DEFENSE INDUSTRIES TO OFFER MARKET GROWTH OPPORTUNITIES
4.2 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET, BY END-USE INDUSTRY AND COUNTRY, 2020
FIGURE 13 US AND BIOMEDICAL SEGMENT ACCOUNTED FOR THE LARGEST SHARES
4.3 SHAPE MEMORY ALLOYS MARKET, BY TYPE
FIGURE 14 NITINOL (NITI) TO DOMINATE THE OVERALL SHAPE MEMORY ALLOYS MARKET, 2021–2026
4.4 SHAPE MEMORY ALLOYS MARKET, BY END-USE INDUSTRY
FIGURE 15 BIOMEDICAL TO DOMINATE THE OVERALL SHAPE MEMORY ALLOYS MARKET, 2021–2026
4.5 SHAPE MEMORY ALLOYS MARKET, BY COUNTRY
FIGURE 16 CHINA TO BE THE FASTEST-GROWING MARKET DURING THE FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN SHAPE MEMORY ALLOYS MARKET
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Aging population and growing adoption of biomedical implants across the globe
TABLE 3 WORLD POPULATION AGING, 2019
5.2.1.2 Increasing investment in the aerospace & defense industry
TABLE 4 MILITARY EXPENDITURE, BY REGION, USD BILLION, 2018-2020
5.2.1.3 Increased utilization of nitinol-based SMAs in various end-use industries
5.2.1.4 Increasing penetration of SMAs in the automotive industry
5.2.2 RESTRAINTS
5.2.2.1 Rising cost of raw materials and availability of substitutes
FIGURE 18 LME NICKEL HISTORICAL PRICE (USD PER TONNE)
5.2.2.2 High cost of metal implants
5.2.3 OPPORTUNITIES
5.2.3.1 Growth of the consumer electronics industry
5.2.3.2 Rapid industrialization and growing adoption of industrial and service robots
5.2.4 CHALLENGES
5.2.4.1 Pandemic and its effect on the actuator market
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 19 SHAPE MEMORY ALLOYS MARKET: PORTER’S FIVE FORCES ANALYSIS
5.3.1 BARGAINING POWER OF SUPPLIERS
5.3.2 BARGAINING POWER OF BUYERS
5.3.3 INTENSITY OF COMPETITIVE RIVALRY
5.3.4 THREAT OF NEW ENTRANTS
5.3.5 THREAT OF SUBSTITUTES
TABLE 5 SHAPE MEMORY ALLOYS MARKET: PORTER’S FIVE FORCES ANALYSIS
5.4 MACROECONOMIC INDICATORS
TABLE 6 GDP GROWTH PROJECTION WORLDWIDE
TABLE 7 GLOBAL AUTOMOBILE PRODUCTION (UNITS), BY COUNTRY
TABLE 8 GLOBAL HEALTH SPENDING (USD PER CAPITA), BY COUNTRY, 2018-2020
FIGURE 20 SHARE OF GLOBAL MILITARY EXPENDITURE OF 15 COUNTRIES WITH THE HIGHEST SPENDING IN 2020
5.5 VALUE CHAIN ANALYSIS
FIGURE 21 VALUE CHAIN ANALYSIS OF SHAPE MEMORY ALLOYS MARKET
5.5.1 DISRUPTION DUE TO COVID-19
5.6 REGULATORY LANDSCAPE
5.7 ECOSYSTEM MARKET MAP
5.8 YC, YCC SHIFT
FIGURE 22 YCC SHIFT: YOUR CLIENTS’ CLIENTS’ SHIFT IN IMPERATIVES & OUTCOMES IN BIOMEDICAL AND AEROSPACE INDUSTRY TRENDS WILL BRING IN CHANGE IN FUTURE REVENUE MIX!!
5.8.1 YC SHIFT
5.8.2 YCC SHIFT
5.9 AVERAGE PRICE ANALYSIS
FIGURE 23 WEIGHTED AVERAGE PRICING ANALYSIS (USD/KG) OF SHAPE MEMORY ALLOYS, BY REGION, 2020
5.10 SCENARIO ANALYSIS OF SHAPE MEMORY ALLOYS MARKET
FIGURE 24 SHAPE MEMORY ALLOYS MARKET, IN TERMS OF VALUE, BY SCENARIO ANALYSIS, 2019–2026 (USD MILLION)
5.11 TECHNOLOGY ANALYSIS
5.11.1 SHAPE MEMORY ALLOY PRODUCTION PROCESS
5.11.1.1 Vacuum arc melting
5.11.1.2 Vacuum Induction Melting (VIM)
5.11.2 TYPE OF SHAPE MEMORY EFFECT
5.11.2.1 One-way memory effect
5.11.2.2 Two-way memory effect
5.12 COVID-19 IMPACT
5.12.1 COVID-19 ECONOMIC ASSESSMENT
5.12.2 MAJOR ECONOMIC EFFECT OF COVID-19
5.12.3 EFFECTS ON GDP OF COUNTRIES
FIGURE 25 PRE & POST-COVID ANALYSIS OF SHAPE MEMORY ALLOY DEMAND
5.13 CASE STUDY
5.13.1 SHAPE MEMORY ALLOYS IN SPACE APPLICATIONS
5.13.2 SHAPE MEMORY ALLOYS IN MEDICAL DEVICE APPLICATIONS
5.14 PATENT ANALYSIS
5.14.1 INTRODUCTION
5.14.2 METHODOLOGY
5.14.3 DOCUMENT TYPE
FIGURE 26 NUMBER OF PATENTS IN THE LAST 10 YEARS
5.14.4 PUBLICATION TRENDS - LAST 10 YEARS
FIGURE 27 NUMBER OF PATENTS PUBLISHED YEAR-WISE
5.14.5 INSIGHTS
5.14.6 JURISDICTION ANALYSIS
FIGURE 28 PATENT ANALYSIS, BY TOP JURISDICTIONS
5.14.7 TOP COMPANIES/APPLICANTS
FIGURE 29 TOP 10 COMPANIES/APPLICANTS WITH THE HIGHEST NUMBER OF PATENTS
TABLE 9 LIST OF PATENTS BY THE BOEING COMPANY
TABLE 10 LIST OF PATENTS BY CAMBRIDGE MECHATRONICS LTD
TABLE 11 LIST OF PATENTS BY GM GLOBAL TECH OPERATIONS INC.
TABLE 12 LIST OF PATENTS BY GENERAL ELECTRIC COMPANY
TABLE 13 TOP 10 PATENT OWNERS (US) IN LAST 10 Y EARS
6 SHAPE MEMORY ALLOYS MARKET, BY TYPE
6.1 INTRODUCTION
FIGURE 30 NITINOL TO BE THE LARGEST TYPE OF SHAPE MEMORY ALLOYS
TABLE 14 SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 15 SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
6.2 NITINOL(NITI)
6.2.1 DEMAND IS HIGH DUE TO ITS SUPER ELASTIC PROPERTY
TABLE 16 NITINOL (NITI) SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 17 NITINOL (NITI) SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
6.3 COPPER BASED
6.3.1 BEING A COST-EFFECTIVE ALTERNATIVE TO NITINOL SMAS, COPPER-BASED SMAS ARE GAINING TRACTION ACROSS SEVERAL INDUSTRIES
TABLE 18 COPPER-BASED SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 19 COPPER-BASED SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
6.4 IRON-MANGANESE-SILICON (FE-MN-SI)
6.4.1 FE-MN-SI ALLOYS ARE EXPECTED TO REGISTER STEADY GROWTH THROUGHOUT THE FORECAST PERIOD
TABLE 20 IRON-MANGANESE-SILICON SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 21 IRON-MANGANESE-SILICON SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
6.5 OTHERS
TABLE 22 OTHER SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 23 OTHER SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7 SHAPE MEMORY ALLOYS MARKET, BY END-USE INDUSTRY
7.1 INTRODUCTION
TABLE 24 APPLICATIONS OF SHAPE MEMORY ALLOYS IN END-USE INDUSTRIES
FIGURE 31 BIOMEDICAL TO BE THE LARGEST END-USE INDUSTRY SEGMENT OF THE MARKET
TABLE 25 SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 26 SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
7.2 BIOMEDICAL
7.2.1 GROWING ADOPTION OF SMA-BASED SURGICAL IMPLANTS ACROSS THE GLOBE TO SUPPORT MARKET GROWTH
TABLE 27 BIOMEDICAL: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 28 BIOMEDICAL: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7.3 AEROSPACE & DEFENSE
7.3.1 RECOVERY OF AEROSPACE INDUSTRY FROM THE REPERCUSSIONS OF COVID-19 TO BOOST THE MARKET
TABLE 29 COVID-19 IMPACT ON PASSENGER NUMBER AND PASSENGER REVENUE
7.3.1.1 Reduced global demand for Maintenance, Repair, and Overhaul (MRO) due to COVID-19
TABLE 30 AEROSPACE & DEFENSE: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 31 AEROSPACE & DEFENSE: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7.4 AUTOMOTIVE
7.4.1 INCREASING AUTOMOBILE PRODUCTION AND USAGE OF SMAS IN PARTS/COMPONENT MANUFACTURING TO LEAD TO MARKET GROWTH
FIGURE 32 PASSENGER CAR MARKET TREND INDEX (2019=100)
TABLE 32 VEHICLE PRODUCTION DATA, BY COUNTRY, 2019–2020
TABLE 33 AUTOMOTIVE: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 34 AUTOMOTIVE: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7.5 CONSUMER ELECTRONICS & HOME APPLIANCES
7.5.1 HEALTHY GROWTH OF CONSUMER ELECTRONICS AND INCREASING PER-CAPITA SPENDING ACROSS THE GLOBE TO SUPPORT MARKET GROWTH
TABLE 35 CONSUMER ELECTRONICS & HOME APPLIANCES: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 36 CONSUMER ELECTRONICS & HOME APPLIANCES: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7.6 OTHERS
TABLE 37 OTHERS: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 38 OTHERS: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
8 GLOBAL SHAPE MEMORY ALLOYS MARKET, BY REGION
8.1 INTRODUCTION
FIGURE 33 REGIONAL SNAPSHOT: RAPIDLY GROWING MARKETS ARE EMERGING AS NEW HOTSPOTS
TABLE 39 SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 40 SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
8.2 NORTH AMERICA
FIGURE 34 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET SNAPSHOT
TABLE 41 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
TABLE 42 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 43 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 44 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 45 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 46 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.2.1 US
8.2.1.1 Growing investment in biomedical and aerospace & defense industries to support market growth
FIGURE 35 TOP A&D PRODUCT EXPORT DESTINATION, 2019
FIGURE 36 US: PASSENGER CAR PRODUCTION, 2015-2020
TABLE 47 US: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 48 US: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 49 US: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 50 US: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.2.2 CANADA
8.2.2.1 Increasing healthcare expenditure and count of implant surgeries to drive the market
TABLE 51 CANADA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 52 CANADA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 53 CANADA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 54 CANADA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.2.3 MEXICO
8.2.3.1 Increasing investment in the automotive industry to drive the market
FIGURE 37 MEXICO: PASSENGER CAR PRODUCTION, 2017-2020
TABLE 55 MEXICO: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 56 MEXICO: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 57 MEXICO: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 58 MEXICO: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.3 EUROPE
TABLE 59 EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
TABLE 60 EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 61 EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 62 EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 63 EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 64 EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.3.1 GERMANY
8.3.1.1 Increasing healthcare spending and R&D research in the country to propel the market
FIGURE 38 GERMANY: AUTOMOBILE PRODUCTION AND EXPORT, 2018-2021
TABLE 65 GERMANY: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 66 GERMANY: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 67 GERMANY: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 68 GERMANY: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.3.2 FRANCE
8.3.2.1 The government initiatives to promote the automotive industry to drive the market
FIGURE 39 FRANCE: AUTOMOBILE PRODUCTION, 2017-2020
TABLE 69 FRANCE: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 70 FRANCE: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 71 FRANCE: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 72 FRANCE: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.3.3 UK
8.3.3.1 Expected recovery of the manufacturing sector from the repercussion of COVID-19 to drive the market
FIGURE 40 UK: TOTAL AUTOMOBILE PRODUCTION, 2017-2020
TABLE 73 UK: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 74 UK: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 75 UK: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 76 UK: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.3.4 ITALY
8.3.4.1 Government initiative to promote automotive and aerospace industries in the country to boost the demand
FIGURE 41 ITALY: AUTOMOBILE PRODUCTION, 2017-2020
TABLE 77 ITALY: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 78 ITALY: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 79 ITALY: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 80 ITALY: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.3.5 SPAIN
8.3.5.1 Significant recovery of the economy and the automotive industry to drive the market
FIGURE 42 SPAIN: TOTAL AUTOMOBILE PRODUCTION, 2017-2020
TABLE 81 SPAIN: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 82 SPAIN: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 83 SPAIN: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 84 SPAIN: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.3.6 REST OF EUROPE
TABLE 85 REST OF EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 86 REST OF EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 87 REST OF EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 88 REST OF EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.4 APAC
FIGURE 43 APAC: SHAPE MEMORY ALLOYS MARKET SNAPSHOT
TABLE 89 APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
TABLE 90 APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 91 APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 92 APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 93 APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 94 APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.4.1 CHINA
8.4.1.1 Double-digit growth of medical & healthcare industry in the country to provide an impetus for market growth
FIGURE 44 CHINA: PASSENGER CAR PRODUCTION, 2017-2020
TABLE 95 CHINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 96 CHINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 97 CHINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 98 CHINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.4.2 INDIA
8.4.2.1 Healthy growth of medical & healthcare industry and increasing FDI investment in the country will boost the market in the upcoming years
FIGURE 45 INDIA: PASSENGER CAR PRODUCTION, 2017-2020
FIGURE 46 CURRENT HEALTH EXPENDITURE PER CAPITA (CURRENT USD), 2016 - 2019
TABLE 99 INDIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 100 INDIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 101 INDIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 102 INDIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.4.3 JAPAN
8.4.3.1 Aging population, coupled with a significant production capacity of biomedical implants, to drive the market
FIGURE 47 JAPAN: AUTOMOBILE PRODUCTION, 2017-2020
TABLE 103 JAPAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 104 JAPAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 105 JAPAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 106 JAPAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.4.4 SOUTH KOREA
8.4.4.1 Increasing automobile manufacturing to push demand for SMAs during the forecast period
TABLE 107 SOUTH KOREA: STATUS OF COMPANIES IN THE AVIATION INDUSTRY, BY AREA
TABLE 108 SOUTH KOREA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 109 SOUTH KOREA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 110 SOUTH KOREA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 111 SOUTH KOREA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.4.5 TAIWAN
8.4.5.1 Development in consumer electronics and home appliances to drive the market
TABLE 112 TAIWAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 113 TAIWAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 114 TAIWAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 115 TAIWAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.4.6 REST OF APAC
TABLE 116 REST OF APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 117 REST OF APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 118 REST OF APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 119 REST OF APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.5 SOUTH AMERICA
TABLE 120 SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
TABLE 121 SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 122 SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 123 SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 124 SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 125 SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.5.1 BRAZIL
8.5.1.1 The government’s initiative to support the automotive industry will drive the SMAs demand
FIGURE 48 BRAZIL: TOTAL VEHICLE PRODUCTION, 2017-2020
TABLE 126 BRAZIL: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 127 BRAZIL: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 128 BRAZIL: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 129 BRAZIL: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.5.2 ARGENTINA
8.5.2.1 Increasing passenger car sales to boost the market
TABLE 130 ARGENTINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 131 ARGENTINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 132 ARGENTINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 133 ARGENTINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.5.3 REST OF SOUTH AMERICA
TABLE 134 REST OF SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 135 REST OF SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 136 REST OF SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 137 REST OF SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.6 MIDDLE EAST & AFRICA
TABLE 138 MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
TABLE 139 MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 140 MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 141 MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 142 MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 143 MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.6.1 SAUDI ARABIA
8.6.1.1 Vision 2030 and other government plans to boost the automotive industry
FIGURE 49 SAUDI ARABIA: BUDGET EXPENDITURE, BY SECTOR, 2020
TABLE 144 SAUDI ARABIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 145 SAUDI ARABIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 146 SAUDI ARABIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 147 SAUDI ARABIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.6.2 ISRAEL
8.6.2.1 Increasing healthcare spending to drive the shape memory alloys market
TABLE 148 ISRAEL: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 149 ISRAEL: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 150 ISRAEL: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 151 ISRAEL: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.6.3 REST OF MIDDLE EAST & AFRICA
TABLE 152 REST OF MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 153 REST OF MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 154 REST OF MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 155 REST OF MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9 COMPETITIVE LANDSCAPE
9.1 KEY PLAYER STRATEGIES/ RIGHT TO WIN
FIGURE 50 ACQUISITION IS THE KEY STRATEGY ADOPTED BY PLAYERS
BETWEEN 2018 AND 2021
9.2 MARKET SHARE ANALYSIS
FIGURE 51 MARKET SHARE OF KEY PLAYERS, 2020
9.3 COMPANY EVALUATION QUADRANT
9.3.1 STAR
9.3.2 PERVASIVE
9.3.3 EMERGING LEADER
9.3.4 PARTICIPANT
FIGURE 52 SHAPE MEMORY ALLOYS MARKET: COMPANY EVALUATION MATRIX, 2020
9.3.4.1 Company Product Footprint
FIGURE 53 COMPANY FOOTPRINT BY END-USE INDUSTRY
9.4 STARTUPS AND SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX
9.4.1 DYNAMIC COMPANIES
9.4.2 STARTING BLOCKS
FIGURE 54 START-UPS AND SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2020
9.5 RANKING ANALYSIS OF KEY MARKET PLAYERS, 2020
FIGURE 55 RANKING ANALYSIS OF TOP FIVE PLAYERS IN SHAPE MEMORY ALLOYS MARKET, 2020
9.6 COMPETITIVE SCENARIO AND TRENDS
9.6.1 SHAPE MEMORY ALLOYS MARKET: DEALS, 2018-2021
10 COMPANY PROFILES
10.1 KEY PLAYERS
(Business Overview, Product/ Solution/ Service Offered, Recent Developments, Winning Imperatives, MNM View, Key strengths/ Right to win, Strategic choices made, and Weaknesses and competitive threats)*
10.1.1 ATI SPECIALTY ALLOYS & COMPONENTS
TABLE 156 ATI SPECIALTY ALLOYS & COMPONENTS: BUSINESS OVERVIEW
FIGURE 56 ATI SPECIALTY ALLOYS & COMPONENTS: COMPANY SNAPSHOT
TABLE 157 ATI SPECIALTY ALLOYS & COMPONENTS: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
TABLE 158 ATI SPECIALTY ALLOYS & COMPONENTS: DEALS
FIGURE 57 ATI SPECIALTY ALLOYS & COMPONENTS CAPABILITY IN SHAPE MEMORY ALLOYS MARKET
10.1.2 SAES GETTERS S.P.A.
TABLE 159 SAES GETTERS S.P.A.: BUSINESS OVERVIEW
FIGURE 58 SAES GETTERS S.P.A.: COMPANY SNAPSHOT
TABLE 160 SAES GETTERS S.P.A.: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
FIGURE 59 SAES GETTERS S.P.A.’S CAPABILITY IN SHAPE MEMORY ALLOYS MARKET
10.1.3 JOHNSON MATTHEY PLC
TABLE 161 JOHNSON MATTHEY: BUSINESS OVERVIEW
FIGURE 60 JOHNSON MATTHEY: COMPANY SNAPSHOT
TABLE 162 JOHNSON MATTHEY: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
FIGURE 61 JOHNSON MATTHEY PLC’S CAPABILITY IN SHAPE MEMORY ALLOYS MARKET
10.1.4 NIPPON STEEL & SUMITOMO METAL
TABLE 163 NIPPON STEEL & SUMITOMO METAL: BUSINESS OVERVIEW
FIGURE 62 NIPPON STEEL & SUMITOMO METAL: COMPANY SNAPSHOT
TABLE 164 NIPPON STEEL & SUMITOMO METAL: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
TABLE 165 NIPPON STEEL & SUMITOMO METAL: DEALS
FIGURE 63 NIPPON STEEL & SUMITOMO METAL’S CAPABILITY IN SHAPE MEMORY ALLOYS MARKET
10.1.5 FURUKAWA ELECTRIC CO., LTD
TABLE 166 FURUKAWA ELECTRIC COMPANY : BUSINESS OVERVIEW
FIGURE 64 FURUKAWA ELECTRIC CO., LTD: COMPANY SNAPSHOT
TABLE 167 FURUKAWA ELECTRIC COMPANY: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
TABLE 168 FURUKAWA ELECTRIC COMPANY: DEALS
FIGURE 65 FURUKAWA ELECTRIC COMPANY’S CAPABILITY IN SHAPE MEMORY ALLOYS MARKET
10.1.6 FORT WAYNE METALS
TABLE 169 FORT WAYNE METALS: BUSINESS OVERVIEW
TABLE 170 FORT WAYNE METALS: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
TABLE 171 FORT WAYNE METALS: DEALS
10.1.7 NIPPON SEISEN CO. LTD.
TABLE 172 NIPPON SEISEN CO. LTD.: BUSINESS OVERVIEW
TABLE 173 NIPPON SEISEN CO. LTD.: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
10.1.8 XIAN SAITE METAL MATERIALS DEVELOPMENT COMPANY LIMITED
TABLE 174 XIAN SAITE METAL MATERIALS DEVELOPMENT COMPANY: BUSINESS OVERVIEW
TABLE 175 XIAN SAITE METAL MATERIALS DEVELOPMENT COMPANY: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
10.1.9 SEABIRD METAL MATERIAL CO., LTD.
TABLE 176 SEABIRD METAL MATERIAL: BUSINESS OVERVIEW
TABLE 177 SEABIRD METAL MATERIAL: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
10.1.10 DYNALLOY INC.
TABLE 178 DYNALLOY: BUSINESS OVERVIEW
TABLE 179 DYNALLOY: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
10.2 OTHER PLAYERS
10.2.1 METALWERKS PMD, INC.
TABLE 180 METALWERKS PMD, INC.: BUSINESS OVERVIEW
TABLE 181 METALWERKS PMD, INC.: PRODUCT OFFERINGS
10.2.2 ULTIMATE WIREFORMS, INC.
TABLE 182 ULTIMATE WIREFORMS, INC.: BUSINESS OVERVIEW
TABLE 183 ULTIMATE WIREFORMS, INC.: PRODUCT OFFERINGS
10.2.3 DAIDO STEEL CO., LTD?
TABLE 184 DAIDO STEEL CO., LTD?: BUSINESS OVERVIEW
TABLE 185 DAIDO STEEL CO., LTD: PRODUCT OFFERINGS
10.2.4 GENERAL RESEARCH INSTITUTE FOR NONFERROUS METALS (GRINM)
TABLE 186 GENERAL RESEARCH INSTITUTE FOR NONFERROUS METALS (GRINM): BUSINESS OVERVIEW
10.2.5 EUROFLEX GMBH
TABLE 187 EUROFLEX GMBH: BUSINESS OVERVIEW
TABLE 188 EUROFLEX GMBH: PRODUCT OFFERINGS
10.2.6 CONFLUENT MEDICAL TECHNOLOGIES
TABLE 189 CONFLUENT MEDICAL TECHNOLOGIES: BUSINESS OVERVIEW
TABLE 190 CONFLUENT MEDICAL TECHNOLOGIES: PRODUCT OFFERINGS
10.2.7 PRECISION CASTPARTS CORP.
TABLE 191 PRECISION CASTPARTS CORP.: BUSINESS OVERVIEW
10.2.8 NANOSHEL LLC
TABLE 192 NANOSHEL LLC: BUSINESS OVERVIEW
TABLE 193 NANOSHEL LLC: PRODUCT OFFERINGS
10.2.9 STANFORD ADVANCED MATERIALS
TABLE 194 STANFORD ADVANCED MATERIALS: BUSINESS OVERVIEW
TABLE 195 STANFORD ADVANCED MATERIALS: PRODUCT OFFERINGS
10.2.10 SUNRISE TITANIUM TECHNOLOGY
TABLE 196 SUNRISE TITANIUM TECHNOLOGY: BUSINESS OVERVIEW
TABLE 197 SUNRISE TITANIUM TECHNOLOGY: PRODUCT OFFERINGS
10.2.11 BOSTON CENTERLESS
TABLE 198 BOSTON CENTERLESS: BUSINESS OVERVIEW
10.2.12 SMA WIRES INDIA
TABLE 199 SMA WIRES INDIA: BUSINESS OVERVIEW
TABLE 200 SMA WIRES INDIA: PRODUCT OFFERINGS
10.2.13 ALB MATERIALS INC.
TABLE 201 ALB MATERIALS INC.: BUSINESS OVERVIEW
10.2.14 M & T(TAIWAN) CO., LTD.
TABLE 202 M & T(TAIWAN) CO., LTD.: BUSINESS OVERVIEW
TABLE 203 M & T(TAIWAN) CO., LTD.: PRODUCT OFFERINGS
10.2.15 LUMENOUS PEIERTECH
TABLE 204 LUMENOUS PEIERTECH: BUSINESS OVERVIEW
TABLE 205 LUMENOUS PEIERTECH: PRODUCT OFFERINGS
*Details on Business Overview, Product/ Solution/ Service Offered, Recent Developments, Winning Imperatives, MNM View, Key strengths/ Right to win, Strategic choices made, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
11 ADJACENT AND RELATED MARKETS
11.1 INTRODUCTION
11.2 LIMITATIONS
11.3 ACTUATORS MARKET
11.3.1 MARKET DEFINITION
11.3.2 ACTUATORS MARKET, BY ACTUATION
TABLE 206 ACTUATORS MARKET SIZE, BY ACTUATION, 2017–2020 (USD BILLION)
TABLE 207 ACTUATORS MARKET SIZE, BY ACTUATION, 2021–2027 (USD BILLION)
11.3.3 ACTUATORS MARKET, BY APPLICATION
TABLE 208 ACTUATORS MARKET SIZE, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 209 ACTUATORS MARKET SIZE, BY APPLICATION, 2021–2027 (USD BILLION)
11.3.4 ACTUATORS MARKET, BY TYPE
TABLE 210 ACTUATORS MARKET SIZE, BY TYPE, 2017–2020 (USD BILLION)
TABLE 211 ACTUATORS MARKET SIZE, BY TYPE, 2021–2027 (USD BILLION)
11.3.5 ACTUATORS MARKET, BY VERTICAL
TABLE 212 ACTUATORS MARKET SIZE, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 213 ACTUATORS MARKET SIZE, BY VERTICAL, 2021–2027 (USD MILLION)
TABLE 214 ACTUATORS VOLUME, BY VERTICAL, 2017–2020 (MILLION)
TABLE 215 ACTUATORS VOLUME, BY VERTICAL, 2021–2027 (MILLION)
11.3.6 ACTUATORS MARKET, BY REGION
TABLE 216 ACTUATORS MARKET SIZE, BY REGION, 2017–2020 (USD BILLION)
TABLE 217 ACTUATORS MARKET SIZE, BY REGION, 2021–2027 (USD BILLION)
11.4 ORTHODONTIC SUPPLIES MARKET
11.4.1 MARKET DEFINITION
11.4.2 ORTHODONTIC SUPPLIES MARKET, BY PRODUCT
TABLE 218 ORTHODONTIC SUPPLIES MARKET SIZE, BY PRODUCT, 2019–2026 (USD MILLION)
11.4.3 ORTHODONTIC SUPPLIES MARKET, BY PATIENT
TABLE 219 ORTHODONTIC SUPPLIES MARKET SIZE, BY PATIENT, 2019–2026 (USD MILLION)
11.4.4 ORTHODONTIC SUPPLIES MARKET, BY END USER
TABLE 220 ORTHODONTIC SUPPLIES MARKET SIZE, BY END USER, 2019–2026 (USD MILLION)
11.4.5 ORTHODONTIC SUPPLIES MARKET, BY REGION
TABLE 221 ORTHODONTIC SUPPLIES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
11.5 METAL IMPLANTS AND MEDICAL ALLOYS MARKET
11.5.1 MARKET DEFINITION
11.5.2 METAL IMPLANTS AND MEDICAL ALLOYS MARKET, BY TYPE
TABLE 222 METAL IMPLANTS AND MEDICAL ALLOYS MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION)
11.5.3 METAL IMPLANTS AND MEDICAL ALLOYS MARKET, BY APPLICATION
TABLE 223 METAL IMPLANTS AND MEDICAL ALLOYS MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
11.5.4 METAL IMPLANTS AND MEDICAL ALLOYS MARKET, BY REGION
TABLE 224 METAL IMPLANTS AND MEDICAL ALLOYS MARKET SIZE, BY REGION, 2017–2024 (USD MILLION)
12 APPENDIX
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
12.3 AVAILABLE CUSTOMIZATIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
TABLE 1 INCLUSIONS AND EXCLUSIONS
FIGURE 1 SHAPE MEMORY ALLOYS MARKET SEGMENTATION
1.3.1 REGIONS COVERED
1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 SHAPE MEMORY ALLOYS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 SUPPLY-SIDE APPROACH: ASCERTAINING THE SHARE OF TOP PLAYERS IN THE GLOBAL MARKET,
FIGURE 3 APPROACH 1: SUPPLY SIDE, 2019
2.2.2 DEMAND-SIDE APPROACH: BASED ON ASSESSMENT BY TYPE AND ITS SHARE IN THE GLOBAL MARKET
FIGURE 4 APPROACH 2: BASED ON TYPE DEMAND ESTIMATE, 2019
2.2.3 RELATED MARKET APPROACH: BASED ON ASSESSMENT BY SHARE OF SHAPE MEMORY ALLOYS IN SMART MATERIAL MARKET
FIGURE 5 APPROACH 3: BASED ON THE SHARE FROM THE PARENT MARKET
2.3 DATA TRIANGULATION
FIGURE 6 SHAPE MEMORY ALLOYS MARKET: DATA TRIANGULATION
2.3.1 ASSUMPTIONS
2.3.2 LIMITATIONS
2.3.3 GROWTH RATE ASSUMPTIONS
2.4 FORECAST FACTOR IMPACTING GROWTH
FIGURE 7 FORECAST FACTOR IMPACTING GROWTH
3 EXECUTIVE SUMMARY
FIGURE 8 NITINOL SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE MARKET IN 2020
FIGURE 9 PREFERENCE OF SHAPE MEMORY ALLOYS, TYPE VS. END-USE INDUSTRY
FIGURE 10 BIOMEDICAL END-USE INDUSTRY ACCOUNTED FOR THE LARGEST SHARE OF THE MARKET IN 2020
FIGURE 11 NORTH AMERICA WAS THE LARGEST SHAPE MEMORY ALLOY MARKET IN 2020
TABLE 2 MAJOR PLAYERS PROFILED IN THIS REPORT
4 PREMIUM INSIGHTS
4.1 SIGNIFICANT OPPORTUNITIES IN SHAPE MEMORY ALLOYS MARKET
FIGURE 12 BIOMEDICAL AND AEROSPACE & DEFENSE INDUSTRIES TO OFFER MARKET GROWTH OPPORTUNITIES
4.2 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET, BY END-USE INDUSTRY AND COUNTRY, 2020
FIGURE 13 US AND BIOMEDICAL SEGMENT ACCOUNTED FOR THE LARGEST SHARES
4.3 SHAPE MEMORY ALLOYS MARKET, BY TYPE
FIGURE 14 NITINOL (NITI) TO DOMINATE THE OVERALL SHAPE MEMORY ALLOYS MARKET, 2021–2026
4.4 SHAPE MEMORY ALLOYS MARKET, BY END-USE INDUSTRY
FIGURE 15 BIOMEDICAL TO DOMINATE THE OVERALL SHAPE MEMORY ALLOYS MARKET, 2021–2026
4.5 SHAPE MEMORY ALLOYS MARKET, BY COUNTRY
FIGURE 16 CHINA TO BE THE FASTEST-GROWING MARKET DURING THE FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN SHAPE MEMORY ALLOYS MARKET
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Aging population and growing adoption of biomedical implants across the globe
TABLE 3 WORLD POPULATION AGING, 2019
5.2.1.2 Increasing investment in the aerospace & defense industry
TABLE 4 MILITARY EXPENDITURE, BY REGION, USD BILLION, 2018-2020
5.2.1.3 Increased utilization of nitinol-based SMAs in various end-use industries
5.2.1.4 Increasing penetration of SMAs in the automotive industry
5.2.2 RESTRAINTS
5.2.2.1 Rising cost of raw materials and availability of substitutes
FIGURE 18 LME NICKEL HISTORICAL PRICE (USD PER TONNE)
5.2.2.2 High cost of metal implants
5.2.3 OPPORTUNITIES
5.2.3.1 Growth of the consumer electronics industry
5.2.3.2 Rapid industrialization and growing adoption of industrial and service robots
5.2.4 CHALLENGES
5.2.4.1 Pandemic and its effect on the actuator market
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 19 SHAPE MEMORY ALLOYS MARKET: PORTER’S FIVE FORCES ANALYSIS
5.3.1 BARGAINING POWER OF SUPPLIERS
5.3.2 BARGAINING POWER OF BUYERS
5.3.3 INTENSITY OF COMPETITIVE RIVALRY
5.3.4 THREAT OF NEW ENTRANTS
5.3.5 THREAT OF SUBSTITUTES
TABLE 5 SHAPE MEMORY ALLOYS MARKET: PORTER’S FIVE FORCES ANALYSIS
5.4 MACROECONOMIC INDICATORS
TABLE 6 GDP GROWTH PROJECTION WORLDWIDE
TABLE 7 GLOBAL AUTOMOBILE PRODUCTION (UNITS), BY COUNTRY
TABLE 8 GLOBAL HEALTH SPENDING (USD PER CAPITA), BY COUNTRY, 2018-2020
FIGURE 20 SHARE OF GLOBAL MILITARY EXPENDITURE OF 15 COUNTRIES WITH THE HIGHEST SPENDING IN 2020
5.5 VALUE CHAIN ANALYSIS
FIGURE 21 VALUE CHAIN ANALYSIS OF SHAPE MEMORY ALLOYS MARKET
5.5.1 DISRUPTION DUE TO COVID-19
5.6 REGULATORY LANDSCAPE
5.7 ECOSYSTEM MARKET MAP
5.8 YC, YCC SHIFT
FIGURE 22 YCC SHIFT: YOUR CLIENTS’ CLIENTS’ SHIFT IN IMPERATIVES & OUTCOMES IN BIOMEDICAL AND AEROSPACE INDUSTRY TRENDS WILL BRING IN CHANGE IN FUTURE REVENUE MIX!!
5.8.1 YC SHIFT
5.8.2 YCC SHIFT
5.9 AVERAGE PRICE ANALYSIS
FIGURE 23 WEIGHTED AVERAGE PRICING ANALYSIS (USD/KG) OF SHAPE MEMORY ALLOYS, BY REGION, 2020
5.10 SCENARIO ANALYSIS OF SHAPE MEMORY ALLOYS MARKET
FIGURE 24 SHAPE MEMORY ALLOYS MARKET, IN TERMS OF VALUE, BY SCENARIO ANALYSIS, 2019–2026 (USD MILLION)
5.11 TECHNOLOGY ANALYSIS
5.11.1 SHAPE MEMORY ALLOY PRODUCTION PROCESS
5.11.1.1 Vacuum arc melting
5.11.1.2 Vacuum Induction Melting (VIM)
5.11.2 TYPE OF SHAPE MEMORY EFFECT
5.11.2.1 One-way memory effect
5.11.2.2 Two-way memory effect
5.12 COVID-19 IMPACT
5.12.1 COVID-19 ECONOMIC ASSESSMENT
5.12.2 MAJOR ECONOMIC EFFECT OF COVID-19
5.12.3 EFFECTS ON GDP OF COUNTRIES
FIGURE 25 PRE & POST-COVID ANALYSIS OF SHAPE MEMORY ALLOY DEMAND
5.13 CASE STUDY
5.13.1 SHAPE MEMORY ALLOYS IN SPACE APPLICATIONS
5.13.2 SHAPE MEMORY ALLOYS IN MEDICAL DEVICE APPLICATIONS
5.14 PATENT ANALYSIS
5.14.1 INTRODUCTION
5.14.2 METHODOLOGY
5.14.3 DOCUMENT TYPE
FIGURE 26 NUMBER OF PATENTS IN THE LAST 10 YEARS
5.14.4 PUBLICATION TRENDS - LAST 10 YEARS
FIGURE 27 NUMBER OF PATENTS PUBLISHED YEAR-WISE
5.14.5 INSIGHTS
5.14.6 JURISDICTION ANALYSIS
FIGURE 28 PATENT ANALYSIS, BY TOP JURISDICTIONS
5.14.7 TOP COMPANIES/APPLICANTS
FIGURE 29 TOP 10 COMPANIES/APPLICANTS WITH THE HIGHEST NUMBER OF PATENTS
TABLE 9 LIST OF PATENTS BY THE BOEING COMPANY
TABLE 10 LIST OF PATENTS BY CAMBRIDGE MECHATRONICS LTD
TABLE 11 LIST OF PATENTS BY GM GLOBAL TECH OPERATIONS INC.
TABLE 12 LIST OF PATENTS BY GENERAL ELECTRIC COMPANY
TABLE 13 TOP 10 PATENT OWNERS (US) IN LAST 10 Y EARS
6 SHAPE MEMORY ALLOYS MARKET, BY TYPE
6.1 INTRODUCTION
FIGURE 30 NITINOL TO BE THE LARGEST TYPE OF SHAPE MEMORY ALLOYS
TABLE 14 SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 15 SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
6.2 NITINOL(NITI)
6.2.1 DEMAND IS HIGH DUE TO ITS SUPER ELASTIC PROPERTY
TABLE 16 NITINOL (NITI) SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 17 NITINOL (NITI) SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
6.3 COPPER BASED
6.3.1 BEING A COST-EFFECTIVE ALTERNATIVE TO NITINOL SMAS, COPPER-BASED SMAS ARE GAINING TRACTION ACROSS SEVERAL INDUSTRIES
TABLE 18 COPPER-BASED SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 19 COPPER-BASED SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
6.4 IRON-MANGANESE-SILICON (FE-MN-SI)
6.4.1 FE-MN-SI ALLOYS ARE EXPECTED TO REGISTER STEADY GROWTH THROUGHOUT THE FORECAST PERIOD
TABLE 20 IRON-MANGANESE-SILICON SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 21 IRON-MANGANESE-SILICON SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
6.5 OTHERS
TABLE 22 OTHER SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 23 OTHER SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7 SHAPE MEMORY ALLOYS MARKET, BY END-USE INDUSTRY
7.1 INTRODUCTION
TABLE 24 APPLICATIONS OF SHAPE MEMORY ALLOYS IN END-USE INDUSTRIES
FIGURE 31 BIOMEDICAL TO BE THE LARGEST END-USE INDUSTRY SEGMENT OF THE MARKET
TABLE 25 SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 26 SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
7.2 BIOMEDICAL
7.2.1 GROWING ADOPTION OF SMA-BASED SURGICAL IMPLANTS ACROSS THE GLOBE TO SUPPORT MARKET GROWTH
TABLE 27 BIOMEDICAL: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 28 BIOMEDICAL: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7.3 AEROSPACE & DEFENSE
7.3.1 RECOVERY OF AEROSPACE INDUSTRY FROM THE REPERCUSSIONS OF COVID-19 TO BOOST THE MARKET
TABLE 29 COVID-19 IMPACT ON PASSENGER NUMBER AND PASSENGER REVENUE
7.3.1.1 Reduced global demand for Maintenance, Repair, and Overhaul (MRO) due to COVID-19
TABLE 30 AEROSPACE & DEFENSE: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 31 AEROSPACE & DEFENSE: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7.4 AUTOMOTIVE
7.4.1 INCREASING AUTOMOBILE PRODUCTION AND USAGE OF SMAS IN PARTS/COMPONENT MANUFACTURING TO LEAD TO MARKET GROWTH
FIGURE 32 PASSENGER CAR MARKET TREND INDEX (2019=100)
TABLE 32 VEHICLE PRODUCTION DATA, BY COUNTRY, 2019–2020
TABLE 33 AUTOMOTIVE: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 34 AUTOMOTIVE: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7.5 CONSUMER ELECTRONICS & HOME APPLIANCES
7.5.1 HEALTHY GROWTH OF CONSUMER ELECTRONICS AND INCREASING PER-CAPITA SPENDING ACROSS THE GLOBE TO SUPPORT MARKET GROWTH
TABLE 35 CONSUMER ELECTRONICS & HOME APPLIANCES: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 36 CONSUMER ELECTRONICS & HOME APPLIANCES: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7.6 OTHERS
TABLE 37 OTHERS: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 38 OTHERS: SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
8 GLOBAL SHAPE MEMORY ALLOYS MARKET, BY REGION
8.1 INTRODUCTION
FIGURE 33 REGIONAL SNAPSHOT: RAPIDLY GROWING MARKETS ARE EMERGING AS NEW HOTSPOTS
TABLE 39 SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
TABLE 40 SHAPE MEMORY ALLOYS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
8.2 NORTH AMERICA
FIGURE 34 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET SNAPSHOT
TABLE 41 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
TABLE 42 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 43 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 44 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 45 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 46 NORTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.2.1 US
8.2.1.1 Growing investment in biomedical and aerospace & defense industries to support market growth
FIGURE 35 TOP A&D PRODUCT EXPORT DESTINATION, 2019
FIGURE 36 US: PASSENGER CAR PRODUCTION, 2015-2020
TABLE 47 US: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 48 US: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 49 US: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 50 US: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.2.2 CANADA
8.2.2.1 Increasing healthcare expenditure and count of implant surgeries to drive the market
TABLE 51 CANADA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 52 CANADA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 53 CANADA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 54 CANADA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.2.3 MEXICO
8.2.3.1 Increasing investment in the automotive industry to drive the market
FIGURE 37 MEXICO: PASSENGER CAR PRODUCTION, 2017-2020
TABLE 55 MEXICO: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 56 MEXICO: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 57 MEXICO: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 58 MEXICO: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.3 EUROPE
TABLE 59 EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
TABLE 60 EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 61 EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 62 EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 63 EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 64 EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.3.1 GERMANY
8.3.1.1 Increasing healthcare spending and R&D research in the country to propel the market
FIGURE 38 GERMANY: AUTOMOBILE PRODUCTION AND EXPORT, 2018-2021
TABLE 65 GERMANY: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 66 GERMANY: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 67 GERMANY: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 68 GERMANY: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.3.2 FRANCE
8.3.2.1 The government initiatives to promote the automotive industry to drive the market
FIGURE 39 FRANCE: AUTOMOBILE PRODUCTION, 2017-2020
TABLE 69 FRANCE: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 70 FRANCE: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 71 FRANCE: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 72 FRANCE: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.3.3 UK
8.3.3.1 Expected recovery of the manufacturing sector from the repercussion of COVID-19 to drive the market
FIGURE 40 UK: TOTAL AUTOMOBILE PRODUCTION, 2017-2020
TABLE 73 UK: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 74 UK: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 75 UK: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 76 UK: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.3.4 ITALY
8.3.4.1 Government initiative to promote automotive and aerospace industries in the country to boost the demand
FIGURE 41 ITALY: AUTOMOBILE PRODUCTION, 2017-2020
TABLE 77 ITALY: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 78 ITALY: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 79 ITALY: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 80 ITALY: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.3.5 SPAIN
8.3.5.1 Significant recovery of the economy and the automotive industry to drive the market
FIGURE 42 SPAIN: TOTAL AUTOMOBILE PRODUCTION, 2017-2020
TABLE 81 SPAIN: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 82 SPAIN: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 83 SPAIN: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 84 SPAIN: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.3.6 REST OF EUROPE
TABLE 85 REST OF EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 86 REST OF EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 87 REST OF EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 88 REST OF EUROPE: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.4 APAC
FIGURE 43 APAC: SHAPE MEMORY ALLOYS MARKET SNAPSHOT
TABLE 89 APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
TABLE 90 APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 91 APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 92 APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 93 APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 94 APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.4.1 CHINA
8.4.1.1 Double-digit growth of medical & healthcare industry in the country to provide an impetus for market growth
FIGURE 44 CHINA: PASSENGER CAR PRODUCTION, 2017-2020
TABLE 95 CHINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 96 CHINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 97 CHINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 98 CHINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.4.2 INDIA
8.4.2.1 Healthy growth of medical & healthcare industry and increasing FDI investment in the country will boost the market in the upcoming years
FIGURE 45 INDIA: PASSENGER CAR PRODUCTION, 2017-2020
FIGURE 46 CURRENT HEALTH EXPENDITURE PER CAPITA (CURRENT USD), 2016 - 2019
TABLE 99 INDIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 100 INDIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 101 INDIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 102 INDIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.4.3 JAPAN
8.4.3.1 Aging population, coupled with a significant production capacity of biomedical implants, to drive the market
FIGURE 47 JAPAN: AUTOMOBILE PRODUCTION, 2017-2020
TABLE 103 JAPAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 104 JAPAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 105 JAPAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 106 JAPAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.4.4 SOUTH KOREA
8.4.4.1 Increasing automobile manufacturing to push demand for SMAs during the forecast period
TABLE 107 SOUTH KOREA: STATUS OF COMPANIES IN THE AVIATION INDUSTRY, BY AREA
TABLE 108 SOUTH KOREA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 109 SOUTH KOREA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 110 SOUTH KOREA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 111 SOUTH KOREA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.4.5 TAIWAN
8.4.5.1 Development in consumer electronics and home appliances to drive the market
TABLE 112 TAIWAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 113 TAIWAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 114 TAIWAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 115 TAIWAN: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.4.6 REST OF APAC
TABLE 116 REST OF APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 117 REST OF APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 118 REST OF APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 119 REST OF APAC: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.5 SOUTH AMERICA
TABLE 120 SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
TABLE 121 SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 122 SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 123 SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 124 SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 125 SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.5.1 BRAZIL
8.5.1.1 The government’s initiative to support the automotive industry will drive the SMAs demand
FIGURE 48 BRAZIL: TOTAL VEHICLE PRODUCTION, 2017-2020
TABLE 126 BRAZIL: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 127 BRAZIL: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 128 BRAZIL: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 129 BRAZIL: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.5.2 ARGENTINA
8.5.2.1 Increasing passenger car sales to boost the market
TABLE 130 ARGENTINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 131 ARGENTINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 132 ARGENTINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 133 ARGENTINA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.5.3 REST OF SOUTH AMERICA
TABLE 134 REST OF SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 135 REST OF SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 136 REST OF SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 137 REST OF SOUTH AMERICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.6 MIDDLE EAST & AFRICA
TABLE 138 MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
TABLE 139 MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 140 MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 141 MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 142 MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 143 MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.6.1 SAUDI ARABIA
8.6.1.1 Vision 2030 and other government plans to boost the automotive industry
FIGURE 49 SAUDI ARABIA: BUDGET EXPENDITURE, BY SECTOR, 2020
TABLE 144 SAUDI ARABIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 145 SAUDI ARABIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 146 SAUDI ARABIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 147 SAUDI ARABIA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.6.2 ISRAEL
8.6.2.1 Increasing healthcare spending to drive the shape memory alloys market
TABLE 148 ISRAEL: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 149 ISRAEL: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 150 ISRAEL: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 151 ISRAEL: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
8.6.3 REST OF MIDDLE EAST & AFRICA
TABLE 152 REST OF MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
TABLE 153 REST OF MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 154 REST OF MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2016–2020 (USD MILLION)
TABLE 155 REST OF MIDDLE EAST & AFRICA: SHAPE MEMORY ALLOYS MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION)
9 COMPETITIVE LANDSCAPE
9.1 KEY PLAYER STRATEGIES/ RIGHT TO WIN
FIGURE 50 ACQUISITION IS THE KEY STRATEGY ADOPTED BY PLAYERS
BETWEEN 2018 AND 2021
9.2 MARKET SHARE ANALYSIS
FIGURE 51 MARKET SHARE OF KEY PLAYERS, 2020
9.3 COMPANY EVALUATION QUADRANT
9.3.1 STAR
9.3.2 PERVASIVE
9.3.3 EMERGING LEADER
9.3.4 PARTICIPANT
FIGURE 52 SHAPE MEMORY ALLOYS MARKET: COMPANY EVALUATION MATRIX, 2020
9.3.4.1 Company Product Footprint
FIGURE 53 COMPANY FOOTPRINT BY END-USE INDUSTRY
9.4 STARTUPS AND SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX
9.4.1 DYNAMIC COMPANIES
9.4.2 STARTING BLOCKS
FIGURE 54 START-UPS AND SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2020
9.5 RANKING ANALYSIS OF KEY MARKET PLAYERS, 2020
FIGURE 55 RANKING ANALYSIS OF TOP FIVE PLAYERS IN SHAPE MEMORY ALLOYS MARKET, 2020
9.6 COMPETITIVE SCENARIO AND TRENDS
9.6.1 SHAPE MEMORY ALLOYS MARKET: DEALS, 2018-2021
10 COMPANY PROFILES
10.1 KEY PLAYERS
(Business Overview, Product/ Solution/ Service Offered, Recent Developments, Winning Imperatives, MNM View, Key strengths/ Right to win, Strategic choices made, and Weaknesses and competitive threats)*
10.1.1 ATI SPECIALTY ALLOYS & COMPONENTS
TABLE 156 ATI SPECIALTY ALLOYS & COMPONENTS: BUSINESS OVERVIEW
FIGURE 56 ATI SPECIALTY ALLOYS & COMPONENTS: COMPANY SNAPSHOT
TABLE 157 ATI SPECIALTY ALLOYS & COMPONENTS: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
TABLE 158 ATI SPECIALTY ALLOYS & COMPONENTS: DEALS
FIGURE 57 ATI SPECIALTY ALLOYS & COMPONENTS CAPABILITY IN SHAPE MEMORY ALLOYS MARKET
10.1.2 SAES GETTERS S.P.A.
TABLE 159 SAES GETTERS S.P.A.: BUSINESS OVERVIEW
FIGURE 58 SAES GETTERS S.P.A.: COMPANY SNAPSHOT
TABLE 160 SAES GETTERS S.P.A.: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
FIGURE 59 SAES GETTERS S.P.A.’S CAPABILITY IN SHAPE MEMORY ALLOYS MARKET
10.1.3 JOHNSON MATTHEY PLC
TABLE 161 JOHNSON MATTHEY: BUSINESS OVERVIEW
FIGURE 60 JOHNSON MATTHEY: COMPANY SNAPSHOT
TABLE 162 JOHNSON MATTHEY: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
FIGURE 61 JOHNSON MATTHEY PLC’S CAPABILITY IN SHAPE MEMORY ALLOYS MARKET
10.1.4 NIPPON STEEL & SUMITOMO METAL
TABLE 163 NIPPON STEEL & SUMITOMO METAL: BUSINESS OVERVIEW
FIGURE 62 NIPPON STEEL & SUMITOMO METAL: COMPANY SNAPSHOT
TABLE 164 NIPPON STEEL & SUMITOMO METAL: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
TABLE 165 NIPPON STEEL & SUMITOMO METAL: DEALS
FIGURE 63 NIPPON STEEL & SUMITOMO METAL’S CAPABILITY IN SHAPE MEMORY ALLOYS MARKET
10.1.5 FURUKAWA ELECTRIC CO., LTD
TABLE 166 FURUKAWA ELECTRIC COMPANY : BUSINESS OVERVIEW
FIGURE 64 FURUKAWA ELECTRIC CO., LTD: COMPANY SNAPSHOT
TABLE 167 FURUKAWA ELECTRIC COMPANY: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
TABLE 168 FURUKAWA ELECTRIC COMPANY: DEALS
FIGURE 65 FURUKAWA ELECTRIC COMPANY’S CAPABILITY IN SHAPE MEMORY ALLOYS MARKET
10.1.6 FORT WAYNE METALS
TABLE 169 FORT WAYNE METALS: BUSINESS OVERVIEW
TABLE 170 FORT WAYNE METALS: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
TABLE 171 FORT WAYNE METALS: DEALS
10.1.7 NIPPON SEISEN CO. LTD.
TABLE 172 NIPPON SEISEN CO. LTD.: BUSINESS OVERVIEW
TABLE 173 NIPPON SEISEN CO. LTD.: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
10.1.8 XIAN SAITE METAL MATERIALS DEVELOPMENT COMPANY LIMITED
TABLE 174 XIAN SAITE METAL MATERIALS DEVELOPMENT COMPANY: BUSINESS OVERVIEW
TABLE 175 XIAN SAITE METAL MATERIALS DEVELOPMENT COMPANY: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
10.1.9 SEABIRD METAL MATERIAL CO., LTD.
TABLE 176 SEABIRD METAL MATERIAL: BUSINESS OVERVIEW
TABLE 177 SEABIRD METAL MATERIAL: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
10.1.10 DYNALLOY INC.
TABLE 178 DYNALLOY: BUSINESS OVERVIEW
TABLE 179 DYNALLOY: PRODUCT/ SOLUTION/ SERVICE OFFERINGS
10.2 OTHER PLAYERS
10.2.1 METALWERKS PMD, INC.
TABLE 180 METALWERKS PMD, INC.: BUSINESS OVERVIEW
TABLE 181 METALWERKS PMD, INC.: PRODUCT OFFERINGS
10.2.2 ULTIMATE WIREFORMS, INC.
TABLE 182 ULTIMATE WIREFORMS, INC.: BUSINESS OVERVIEW
TABLE 183 ULTIMATE WIREFORMS, INC.: PRODUCT OFFERINGS
10.2.3 DAIDO STEEL CO., LTD?
TABLE 184 DAIDO STEEL CO., LTD?: BUSINESS OVERVIEW
TABLE 185 DAIDO STEEL CO., LTD: PRODUCT OFFERINGS
10.2.4 GENERAL RESEARCH INSTITUTE FOR NONFERROUS METALS (GRINM)
TABLE 186 GENERAL RESEARCH INSTITUTE FOR NONFERROUS METALS (GRINM): BUSINESS OVERVIEW
10.2.5 EUROFLEX GMBH
TABLE 187 EUROFLEX GMBH: BUSINESS OVERVIEW
TABLE 188 EUROFLEX GMBH: PRODUCT OFFERINGS
10.2.6 CONFLUENT MEDICAL TECHNOLOGIES
TABLE 189 CONFLUENT MEDICAL TECHNOLOGIES: BUSINESS OVERVIEW
TABLE 190 CONFLUENT MEDICAL TECHNOLOGIES: PRODUCT OFFERINGS
10.2.7 PRECISION CASTPARTS CORP.
TABLE 191 PRECISION CASTPARTS CORP.: BUSINESS OVERVIEW
10.2.8 NANOSHEL LLC
TABLE 192 NANOSHEL LLC: BUSINESS OVERVIEW
TABLE 193 NANOSHEL LLC: PRODUCT OFFERINGS
10.2.9 STANFORD ADVANCED MATERIALS
TABLE 194 STANFORD ADVANCED MATERIALS: BUSINESS OVERVIEW
TABLE 195 STANFORD ADVANCED MATERIALS: PRODUCT OFFERINGS
10.2.10 SUNRISE TITANIUM TECHNOLOGY
TABLE 196 SUNRISE TITANIUM TECHNOLOGY: BUSINESS OVERVIEW
TABLE 197 SUNRISE TITANIUM TECHNOLOGY: PRODUCT OFFERINGS
10.2.11 BOSTON CENTERLESS
TABLE 198 BOSTON CENTERLESS: BUSINESS OVERVIEW
10.2.12 SMA WIRES INDIA
TABLE 199 SMA WIRES INDIA: BUSINESS OVERVIEW
TABLE 200 SMA WIRES INDIA: PRODUCT OFFERINGS
10.2.13 ALB MATERIALS INC.
TABLE 201 ALB MATERIALS INC.: BUSINESS OVERVIEW
10.2.14 M & T(TAIWAN) CO., LTD.
TABLE 202 M & T(TAIWAN) CO., LTD.: BUSINESS OVERVIEW
TABLE 203 M & T(TAIWAN) CO., LTD.: PRODUCT OFFERINGS
10.2.15 LUMENOUS PEIERTECH
TABLE 204 LUMENOUS PEIERTECH: BUSINESS OVERVIEW
TABLE 205 LUMENOUS PEIERTECH: PRODUCT OFFERINGS
*Details on Business Overview, Product/ Solution/ Service Offered, Recent Developments, Winning Imperatives, MNM View, Key strengths/ Right to win, Strategic choices made, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
11 ADJACENT AND RELATED MARKETS
11.1 INTRODUCTION
11.2 LIMITATIONS
11.3 ACTUATORS MARKET
11.3.1 MARKET DEFINITION
11.3.2 ACTUATORS MARKET, BY ACTUATION
TABLE 206 ACTUATORS MARKET SIZE, BY ACTUATION, 2017–2020 (USD BILLION)
TABLE 207 ACTUATORS MARKET SIZE, BY ACTUATION, 2021–2027 (USD BILLION)
11.3.3 ACTUATORS MARKET, BY APPLICATION
TABLE 208 ACTUATORS MARKET SIZE, BY APPLICATION, 2017–2020 (USD BILLION)
TABLE 209 ACTUATORS MARKET SIZE, BY APPLICATION, 2021–2027 (USD BILLION)
11.3.4 ACTUATORS MARKET, BY TYPE
TABLE 210 ACTUATORS MARKET SIZE, BY TYPE, 2017–2020 (USD BILLION)
TABLE 211 ACTUATORS MARKET SIZE, BY TYPE, 2021–2027 (USD BILLION)
11.3.5 ACTUATORS MARKET, BY VERTICAL
TABLE 212 ACTUATORS MARKET SIZE, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 213 ACTUATORS MARKET SIZE, BY VERTICAL, 2021–2027 (USD MILLION)
TABLE 214 ACTUATORS VOLUME, BY VERTICAL, 2017–2020 (MILLION)
TABLE 215 ACTUATORS VOLUME, BY VERTICAL, 2021–2027 (MILLION)
11.3.6 ACTUATORS MARKET, BY REGION
TABLE 216 ACTUATORS MARKET SIZE, BY REGION, 2017–2020 (USD BILLION)
TABLE 217 ACTUATORS MARKET SIZE, BY REGION, 2021–2027 (USD BILLION)
11.4 ORTHODONTIC SUPPLIES MARKET
11.4.1 MARKET DEFINITION
11.4.2 ORTHODONTIC SUPPLIES MARKET, BY PRODUCT
TABLE 218 ORTHODONTIC SUPPLIES MARKET SIZE, BY PRODUCT, 2019–2026 (USD MILLION)
11.4.3 ORTHODONTIC SUPPLIES MARKET, BY PATIENT
TABLE 219 ORTHODONTIC SUPPLIES MARKET SIZE, BY PATIENT, 2019–2026 (USD MILLION)
11.4.4 ORTHODONTIC SUPPLIES MARKET, BY END USER
TABLE 220 ORTHODONTIC SUPPLIES MARKET SIZE, BY END USER, 2019–2026 (USD MILLION)
11.4.5 ORTHODONTIC SUPPLIES MARKET, BY REGION
TABLE 221 ORTHODONTIC SUPPLIES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
11.5 METAL IMPLANTS AND MEDICAL ALLOYS MARKET
11.5.1 MARKET DEFINITION
11.5.2 METAL IMPLANTS AND MEDICAL ALLOYS MARKET, BY TYPE
TABLE 222 METAL IMPLANTS AND MEDICAL ALLOYS MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION)
11.5.3 METAL IMPLANTS AND MEDICAL ALLOYS MARKET, BY APPLICATION
TABLE 223 METAL IMPLANTS AND MEDICAL ALLOYS MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
11.5.4 METAL IMPLANTS AND MEDICAL ALLOYS MARKET, BY REGION
TABLE 224 METAL IMPLANTS AND MEDICAL ALLOYS MARKET SIZE, BY REGION, 2017–2024 (USD MILLION)
12 APPENDIX
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
12.3 AVAILABLE CUSTOMIZATIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS
