The global Shape Memory Alloys market size is predicted to grow from US$ 961 million in 2025 to US$ 1605 million in 2031; it is expected to grow at a CAGR of 8.9% from 2025 to 2031.
A shape memory alloy (SMA) is an alloy that "remembers" its original shape and that when deformed returns to its pre-deformed shape when heated. This material is a lightweight, solid-state alternative to conventional actuators such as hydraulic, pneumatic, and motor-based systems. Shape-memory alloys have applications in industries including Automotive, aerospace, and biomedical and robotics. Nickel-titanium alloys have been found to be the most useful of all SMAs. Other shape memory alloys include copper-aluminum-nickel, copper-zinc-aluminum, and iron-manganese-silicon alloys. The generic name for the family of nickel-titanium alloys is Nitinol.
The data in this report include the semi-finished products (bars, Tubes, wire, pipe, etc), components and devices in shape memory alloy.
Global Shape Memory Alloys key players include Nitinol Devices & Components, SAES Getters, G.RAU GmbH & Co. KG, Fort Wayne Metals, ATI Wah-chang, etc. Global top five manufacturers hold a share over 45%.
North America is the largest market, with a share about 45%, followed by Europe, and Japan, both have a share over 30 percent.
In terms of product, Nickel-Titanium is the largest segment, with a share over 75%. And in terms of application, the largest application is Medical Applications, followed by Automotive, Aircraft Applications, Home Appliance, etc.
The 鈥淪hape Memory Alloys Industry Forecast鈥� looks at past sales and reviews total world Shape Memory Alloys sales in 2024, providing a comprehensive analysis by region and market sector of projected Shape Memory Alloys sales for 2025 through 2031. With Shape Memory Alloys sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shape Memory Alloys industry.
This Insight Report provides a comprehensive analysis of the global Shape Memory Alloys landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shape Memory Alloys portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Shape Memory Alloys market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shape Memory Alloys and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shape Memory Alloys.
This report presents a comprehensive overview, market shares, and growth opportunities of Shape Memory Alloys market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Nickel-Titanium
Copper Based
Fe Based
Others
Segmentation by Application:
Medical Applications
Aircraft Applications
Automotive
Home Appliance
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Nitinol Devices & Components
SAES Getters
G.RAU GmbH & Co. KG
ATI Wah-chang
Johnson Matthey
Fort Wayne Metals
Furukawa Electric
Nippon Steel & Sumitomo Metal
Nippon Seisen
Metalwerks PMD
Ultimate NiTi Technologies
Dynalloy
Grikin
PEIER Tech
Saite Metal
Smart
Baoji Seabird Metal
GEE
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shape Memory Alloys market?
What factors are driving Shape Memory Alloys market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shape Memory Alloys market opportunities vary by end market size?
How does Shape Memory Alloys break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Shape Memory Alloys Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Shape Memory Alloys by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Shape Memory Alloys by Country/Region, 2020, 2024 & 2031
2.2 Shape Memory Alloys Segment by Type
2.2.1 Nickel-Titanium
2.2.2 Copper Based
2.2.3 Fe Based
2.2.4 Others
2.3 Shape Memory Alloys Sales by Type
2.3.1 Global Shape Memory Alloys Sales Market Share by Type (2020-2025)
2.3.2 Global Shape Memory Alloys Revenue and Market Share by Type (2020-2025)
2.3.3 Global Shape Memory Alloys Sale Price by Type (2020-2025)
2.4 Shape Memory Alloys Segment by Application
2.4.1 Medical Applications
2.4.2 Aircraft Applications
2.4.3 Automotive
2.4.4 Home Appliance
2.4.5 Others
2.5 Shape Memory Alloys Sales by Application
2.5.1 Global Shape Memory Alloys Sale Market Share by Application (2020-2025)
2.5.2 Global Shape Memory Alloys Revenue and Market Share by Application (2020-2025)
2.5.3 Global Shape Memory Alloys Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Shape Memory Alloys Breakdown Data by Company
3.1.1 Global Shape Memory Alloys Annual Sales by Company (2020-2025)
3.1.2 Global Shape Memory Alloys Sales Market Share by Company (2020-2025)
3.2 Global Shape Memory Alloys Annual Revenue by Company (2020-2025)
3.2.1 Global Shape Memory Alloys Revenue by Company (2020-2025)
3.2.2 Global Shape Memory Alloys Revenue Market Share by Company (2020-2025)
3.3 Global Shape Memory Alloys Sale Price by Company
3.4 Key Manufacturers Shape Memory Alloys Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Shape Memory Alloys Product Location Distribution
3.4.2 Players Shape Memory Alloys Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Shape Memory Alloys by Geographic Region
4.1 World Historic Shape Memory Alloys Market Size by Geographic Region (2020-2025)
4.1.1 Global Shape Memory Alloys Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Shape Memory Alloys Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Shape Memory Alloys Market Size by Country/Region (2020-2025)
4.2.1 Global Shape Memory Alloys Annual Sales by Country/Region (2020-2025)
4.2.2 Global Shape Memory Alloys Annual Revenue by Country/Region (2020-2025)
4.3 Americas Shape Memory Alloys Sales Growth
4.4 APAC Shape Memory Alloys Sales Growth
4.5 Europe Shape Memory Alloys Sales Growth
4.6 Middle East & Africa Shape Memory Alloys Sales Growth
5 Americas
5.1 Americas Shape Memory Alloys Sales by Country
5.1.1 Americas Shape Memory Alloys Sales by Country (2020-2025)
5.1.2 Americas Shape Memory Alloys Revenue by Country (2020-2025)
5.2 Americas Shape Memory Alloys Sales by Type (2020-2025)
5.3 Americas Shape Memory Alloys Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Shape Memory Alloys Sales by Region
6.1.1 APAC Shape Memory Alloys Sales by Region (2020-2025)
6.1.2 APAC Shape Memory Alloys Revenue by Region (2020-2025)
6.2 APAC Shape Memory Alloys Sales by Type (2020-2025)
6.3 APAC Shape Memory Alloys Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Shape Memory Alloys by Country
7.1.1 Europe Shape Memory Alloys Sales by Country (2020-2025)
7.1.2 Europe Shape Memory Alloys Revenue by Country (2020-2025)
7.2 Europe Shape Memory Alloys Sales by Type (2020-2025)
7.3 Europe Shape Memory Alloys Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Shape Memory Alloys by Country
8.1.1 Middle East & Africa Shape Memory Alloys Sales by Country (2020-2025)
8.1.2 Middle East & Africa Shape Memory Alloys Revenue by Country (2020-2025)
8.2 Middle East & Africa Shape Memory Alloys Sales by Type (2020-2025)
8.3 Middle East & Africa Shape Memory Alloys Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Shape Memory Alloys
10.3 Manufacturing Process Analysis of Shape Memory Alloys
10.4 Industry Chain Structure of Shape Memory Alloys
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Shape Memory Alloys Distributors
11.3 Shape Memory Alloys Customer
12 World Forecast Review for Shape Memory Alloys by Geographic Region
12.1 Global Shape Memory Alloys Market Size Forecast by Region
12.1.1 Global Shape Memory Alloys Forecast by Region (2026-2031)
12.1.2 Global Shape Memory Alloys Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Shape Memory Alloys Forecast by Type (2026-2031)
12.7 Global Shape Memory Alloys Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Nitinol Devices & Components
13.1.1 Nitinol Devices & Components Company Information
13.1.2 Nitinol Devices & Components Shape Memory Alloys Product Portfolios and Specifications
13.1.3 Nitinol Devices & Components Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Nitinol Devices & Components Main Business Overview
13.1.5 Nitinol Devices & Components Latest Developments
13.2 SAES Getters
13.2.1 SAES Getters Company Information
13.2.2 SAES Getters Shape Memory Alloys Product Portfolios and Specifications
13.2.3 SAES Getters Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 SAES Getters Main Business Overview
13.2.5 SAES Getters Latest Developments
13.3 G.RAU GmbH & Co. KG
13.3.1 G.RAU GmbH & Co. KG Company Information
13.3.2 G.RAU GmbH & Co. KG Shape Memory Alloys Product Portfolios and Specifications
13.3.3 G.RAU GmbH & Co. KG Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 G.RAU GmbH & Co. KG Main Business Overview
13.3.5 G.RAU GmbH & Co. KG Latest Developments
13.4 ATI Wah-chang
13.4.1 ATI Wah-chang Company Information
13.4.2 ATI Wah-chang Shape Memory Alloys Product Portfolios and Specifications
13.4.3 ATI Wah-chang Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 ATI Wah-chang Main Business Overview
13.4.5 ATI Wah-chang Latest Developments
13.5 Johnson Matthey
13.5.1 Johnson Matthey Company Information
13.5.2 Johnson Matthey Shape Memory Alloys Product Portfolios and Specifications
13.5.3 Johnson Matthey Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Johnson Matthey Main Business Overview
13.5.5 Johnson Matthey Latest Developments
13.6 Fort Wayne Metals
13.6.1 Fort Wayne Metals Company Information
13.6.2 Fort Wayne Metals Shape Memory Alloys Product Portfolios and Specifications
13.6.3 Fort Wayne Metals Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Fort Wayne Metals Main Business Overview
13.6.5 Fort Wayne Metals Latest Developments
13.7 Furukawa Electric
13.7.1 Furukawa Electric Company Information
13.7.2 Furukawa Electric Shape Memory Alloys Product Portfolios and Specifications
13.7.3 Furukawa Electric Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Furukawa Electric Main Business Overview
13.7.5 Furukawa Electric Latest Developments
13.8 Nippon Steel & Sumitomo Metal
13.8.1 Nippon Steel & Sumitomo Metal Company Information
13.8.2 Nippon Steel & Sumitomo Metal Shape Memory Alloys Product Portfolios and Specifications
13.8.3 Nippon Steel & Sumitomo Metal Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Nippon Steel & Sumitomo Metal Main Business Overview
13.8.5 Nippon Steel & Sumitomo Metal Latest Developments
13.9 Nippon Seisen
13.9.1 Nippon Seisen Company Information
13.9.2 Nippon Seisen Shape Memory Alloys Product Portfolios and Specifications
13.9.3 Nippon Seisen Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Nippon Seisen Main Business Overview
13.9.5 Nippon Seisen Latest Developments
13.10 Metalwerks PMD
13.10.1 Metalwerks PMD Company Information
13.10.2 Metalwerks PMD Shape Memory Alloys Product Portfolios and Specifications
13.10.3 Metalwerks PMD Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Metalwerks PMD Main Business Overview
13.10.5 Metalwerks PMD Latest Developments
13.11 Ultimate NiTi Technologies
13.11.1 Ultimate NiTi Technologies Company Information
13.11.2 Ultimate NiTi Technologies Shape Memory Alloys Product Portfolios and Specifications
13.11.3 Ultimate NiTi Technologies Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Ultimate NiTi Technologies Main Business Overview
13.11.5 Ultimate NiTi Technologies Latest Developments
13.12 Dynalloy
13.12.1 Dynalloy Company Information
13.12.2 Dynalloy Shape Memory Alloys Product Portfolios and Specifications
13.12.3 Dynalloy Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Dynalloy Main Business Overview
13.12.5 Dynalloy Latest Developments
13.13 Grikin
13.13.1 Grikin Company Information
13.13.2 Grikin Shape Memory Alloys Product Portfolios and Specifications
13.13.3 Grikin Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Grikin Main Business Overview
13.13.5 Grikin Latest Developments
13.14 PEIER Tech
13.14.1 PEIER Tech Company Information
13.14.2 PEIER Tech Shape Memory Alloys Product Portfolios and Specifications
13.14.3 PEIER Tech Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 PEIER Tech Main Business Overview
13.14.5 PEIER Tech Latest Developments
13.15 Saite Metal
13.15.1 Saite Metal Company Information
13.15.2 Saite Metal Shape Memory Alloys Product Portfolios and Specifications
13.15.3 Saite Metal Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Saite Metal Main Business Overview
13.15.5 Saite Metal Latest Developments
13.16 Smart
13.16.1 Smart Company Information
13.16.2 Smart Shape Memory Alloys Product Portfolios and Specifications
13.16.3 Smart Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Smart Main Business Overview
13.16.5 Smart Latest Developments
13.17 Baoji Seabird Metal
13.17.1 Baoji Seabird Metal Company Information
13.17.2 Baoji Seabird Metal Shape Memory Alloys Product Portfolios and Specifications
13.17.3 Baoji Seabird Metal Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Baoji Seabird Metal Main Business Overview
13.17.5 Baoji Seabird Metal Latest Developments
13.18 GEE
13.18.1 GEE Company Information
13.18.2 GEE Shape Memory Alloys Product Portfolios and Specifications
13.18.3 GEE Shape Memory Alloys Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 GEE Main Business Overview
13.18.5 GEE Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
