Shape Memory Alloys Market Size, Share, and Trends 2025 to 2034

The global shape memory alloys market is projected to grow from USD 17.27 billion in 2025 to USD 45.35 billion by 2034, expanding at a robust CAGR of 11.32% during the forecast period. Growth is driven by increasing use in biomedical devices, rising aerospace and automotive applications, and advancements in smart materials technology.

Last Updated : July 2025  |  Report Code : 4842  |  Category : Chemical and Material  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Shape Memory Alloys Market 

5.1. COVID-19 Landscape: Shape Memory Alloys Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Shape Memory Alloys Market, By Product

8.1. Shape Memory Alloys Market Revenue and Volume, By Product

8.1.1 Nickel-Titanium (Nitinol) Alloys

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Copper-Based Alloys

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Others

8.1.3.1. Market Revenue and Volume Forecast

Chapter 9. Global Shape Memory Alloys Market, By End-use

9.1. Shape Memory Alloys Market Revenue and Volume, By End-use

9.1.1. Biomedical

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Automotive

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Aerospace & Defense

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Consumer Electronics & Household

9.1.4.1. Market Revenue and Volume Forecast

9.1.5. Others

9.1.5.1. Market Revenue and Volume Forecast

Chapter 10. Global Shape Memory Alloys Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, By Product

10.1.2. Market Revenue and Volume Forecast, By End-use

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, By Product

10.1.3.2. Market Revenue and Volume Forecast, By End-use

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, By Product

10.1.4.2. Market Revenue and Volume Forecast, By End-use

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, By Product

10.2.2. Market Revenue and Volume Forecast, By End-use

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, By Product

10.2.3.2. Market Revenue and Volume Forecast, By End-use

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, By Product

10.2.4.2. Market Revenue and Volume Forecast, By End-use

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, By Product

10.2.5.2. Market Revenue and Volume Forecast, By End-use

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, By Product

10.2.6.2. Market Revenue and Volume Forecast, By End-use

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, By Product

10.3.2. Market Revenue and Volume Forecast, By End-use

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, By Product

10.3.3.2. Market Revenue and Volume Forecast, By End-use

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, By Product

10.3.4.2. Market Revenue and Volume Forecast, By End-use

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, By Product

10.3.5.2. Market Revenue and Volume Forecast, By End-use

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, By Product

10.3.6.2. Market Revenue and Volume Forecast, By End-use

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, By Product

10.4.2. Market Revenue and Volume Forecast, By End-use

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, By Product

10.4.3.2. Market Revenue and Volume Forecast, By End-use

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, By Product

10.4.4.2. Market Revenue and Volume Forecast, By End-use

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, By Product

10.4.5.2. Market Revenue and Volume Forecast, By End-use

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, By Product

10.4.6.2. Market Revenue and Volume Forecast, By End-use

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, By Product

10.5.2. Market Revenue and Volume Forecast, By End-use

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, By Product

10.5.3.2. Market Revenue and Volume Forecast, By End-use

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, By Product

10.5.4.2. Market Revenue and Volume Forecast, By End-use

Chapter 11. Company Profiles

11.1. ATI

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Fort Wayne Metals Research Products Corp

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Furukawa Electric Co., Ltd.

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Nippon Seisen Co., Ltd.

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. SAES Group

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Johnson Matthey

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global shape memory alloys market size is expected to increase USD 45.35 billion by 2034 from USD 15.52 billion in 2024.

The shape memory alloys market is anticipated to grow at a CAGR of over 11.32% between 2025 and 2034.

The major players operating in the shape memory alloys market are ATI, Fort Wayne Metals Research Products Corp, Furukawa Electric Co., Ltd., Nippon Seisen Co., Ltd., SAES Group, Johnson Matthey, and Others.

The driving factors of the shape memory alloys market are the growing matured populations and developing biomedical inserts globally and growing applications in aerospace and defense.

North America region will lead the global shape memory alloys market during the forecast period 2025 to 2034.

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