The Business Research Company’s Shape Memory Alloys Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Shape Memory Alloys Global Market Report 2023 evaluates shape memory alloys market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global shape memory alloys market size grew from $11.68 billion in 2022 to $13.2 billion in 2023 at a compound annual growth rate (CAGR) of 13.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The shape memory alloys market size is expected to grow to $21.41 billion in 2027 at a CAGR of 12.9%.
The shape memory alloys market segments in the report are:
Shape Memory Alloys Market By Product Type :
Sheets
Wires
Tubes
Rods
Springs
Shape Memory Alloys Market By Material :
Nickel-Titanium
Copper-based
Iron-based
Silver-based
Gold-based
Cobalt-based
Shape Memory Alloys Market By End-Use Industry :
Biomedical
Aerospace And Defence
Automotive
Consumer Electronics
Home Appliances
North America was the largest region in the shape memory alloys market in 2022.
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The table of contents in TBRC’s shape memory alloys market report includes:
1. Executive Summary
2. Shape Memory Alloys Market Characteristics
3. Shape Memory Alloys Market Trends And Strategies
4. Shape Memory Alloys Market - Macro Economic Scenario
5. Shape Memory Alloys Market Size And Growth
................
26. Africa Shape Memory Alloys Market
27. Shape Memory Alloys Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Shape Memory Alloys Market
29. Shape Memory Alloys Market Future Outlook and Potential Analysis
30. Appendix
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