Market Research Report
Shape Memory Alloys: Global Markets
|Published by||BCC Research||Product code||973125|
|Published||Content info||153 Pages
Delivery time: 1-2 business days
|Shape Memory Alloys: Global Markets|
|Published: November 25, 2020||Content info: 153 Pages||
The global market for shape memory alloys should grow from $14.4 billion in 2020 to $26.0 billion by 2025, at a compound annual growth rate (CAGR) of 12.6% for the period of 2020-2025.
Nitinol alloys market as a segment should grow from $14.0 billion in 2020 to $25.2 billion by 2025 at a CAGR of 12.5% through 2025.
Other alloys market as a segment should grow from $421.8 million in 2020 to $794.3 by 2025 at a CAGR of 13.5% through 2025.
Scope of Report:
This report forecasts the size of the market in current U.S. dollars for SMA materials, in value terms from 2019 through 2025. It estimates and forecasts the market size or output, classified based on material type, end use and region. Material types include nitinol alloys, copper-based alloys and iron-based alloys. End uses include biomedical, aerospace & defense, consumer electronics & home appliances, automotive, and machinery & robotics industries. This report also describes the technological advances taking place in the SMA arena and lists key industry players.