Forecast on Shape Memory Alloy Market: Global Industry Analysis and Trends Till 2025 by Future Market Insights

Global Shape

Memory Alloy

Market

Share, Global Trends,

Analysis, Research, Report,

Opportunities,

Segmentation and Forecast,

2015

Future Market Insights

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Report Description

Shape memory alloys are the special alloys that return to their original shape upon

heating. Shape memory alloys market have gained much attention in the recent years

due to alloys unique characteristics, properties, and application in addressing typical

design complexities. Shape Memory Alloy behavior can be broadly segmented as: one

way shape memory and two way shape memory. In case of one way shape memory

transformation to desired shape occurs only upon heating whereas in two way shape

deformation shape is remembered during both cooling and heating.

Certain inherent properties of these alloys make them suitable for use in remote

actuation features as well. Predominantly used shape memory alloy is made of Nickel and

Titanium known as Nitinol. Other alloys being used at sparing rate for shape memory

alloys include silver-cadmium, copper-tin, nickel-aluminum, and others. Shape memory

alloys find their wide application in automotive, aerospace, robotics, and biomedical

application. Some of the developed products from shape memory alloys include gas flow

micro valves, non-explosive release devices, and aerospace latching mechanisms. Other

niche applications of shape memory alloy market include endodontics, orthopedic

surgery, and telecommunication.

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Global Shape Memory Alloy Market: Drivers & Restraints

Increasing life expectancy and advancement in surgical procedures will create great

opportunityfor shape memory alloy market.

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Report Description

Technological advancement and broader availability of alloy is expected to drive the

shape memory alloy market.

Global Shape Memory Alloy Market: Segmentation

On the...