DUBLIN--(BUSINESS WIRE)--The "Shape Memory Alloy Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
The shape memory alloy market is projected to witness a CAGR of 7.66% during the forecast period to reach a total market size of US$667.15 million by 2023, increasing from US$428.36 million in 2017.
The two unique properties of special alloy metals, i.e., pseudo elasticity and shape memory effect make them useful in various industry verticals such as automotive, healthcare, and electronics among others. Healthcare industry holds a significant share among the end user industries of the shape memory alloy market. .
Geographically, North America and Europe hold a significantly large share in the global shape memory alloy market on account of state-of-the-art research infrastructure and huge investments by market players into research and development. The Asia Pacific region is anticipated to witness rapid growth over the projected period owing to the growth of various end user industries in this region.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market.
The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
- Dynalloy, Inc.
- Ultimate R&D
- Fort Wayne Metals
- Smart Wires
- Xi'an Saite Metal Development Co. Ltd
- Sunrise Titanium Technology Co. Ltd
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Shape Memory Alloy Market By Application
6. Shape Memory Alloy Market By Industry Vertical
7. Shape Memory Alloy Market By Type
8. Shape Memory Alloy Market By Geography
9. Competitive Intelligence
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/2rbwhb/shape_memory?w=4