Shape Memory Alloys Market - Top Companies and Manufacturers

  • Report ID: 5145
  • Published Date: Aug 02, 2024
  • Report Format: PDF, PPT

Companies Dominating the Shape Memory Alloys Market

    • Dynalloy, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Fort Wayne Metals
    • SAES Getters S.p.A.
    • Nitinol Devices & Components
    • Admedes GmbH
    • Memry Corporation
    • Confluent Medical Technologies
    • Metalwerks
    • Johnson Matthey
    • Endosmart GmbH

Browse Key Market Insights with Data Illustration:

In the News

  • NASA's Glenn Research Centre in Cleveland and Fort Wayne Metals are developing shape memory alloy material technology for cutting-edge rover tires that could aid the agency's Artemis moon exploration ambitions. Previously, the two companies worked together to develop highly engineered Nitinol materials for a variety of aerospace applications, including the usage of these materials in the prototype spring tires for Mars rovers. The two organizations are currently working together to produce the first Nitinol materials for a variety of lunar applications as well as research the expected operating conditions on the moon.
  • Following agreements agreed between the parties on October 25, 2021 and subsequently formalized, SAES Getters S.p.A. disclosed the completion of the acquisition of the additional 51% of the share capital of SAES RIAL Vacuum S.r.l., of which SAES already holds 49%.

Author Credits:  Rajrani Baghel


  • Report ID: 5145
  • Published Date: Aug 02, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of shape memory alloys is assessed at USD 18.87 Billion.

The shape memory alloys market size was over USD 16.92 Billion in 2023 and is expected to reach USD 80.99 Billion by the end of 2036, witnessing around 12.8% CAGR during the forecast period i.e., between 2024-2036. The major factors driving the growth of the market are rising demand for automotive, growing application of shape memory alloys in robotics, and rising deployment of shape memory alloys in fire alarm.

North America is set to gather share of about 30% by 2036, backed by growing manufacturing of aircraft in the region.

Dynalloy, Inc., Fort Wayne Metals, SAES Getters S.p.A., Nitinol Devices & Components, Admedes GmbH, Memry Corporation, Confluent Medical Technologies, Metalwerks, Johnson Matthey, Endosmart GmbH
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