Shape Memory Alloys Market Size Worth $26.0 Billion by 2025: Grand View Research, Inc.
SAN FRANCISCO, Dec. 2, 2019 /PRNewswire/ -- The global shape memory alloys market size is expected to reach USD 26.0 billion by 2025 at a CAGR of 12.8%, according to a new report by Grand View Research, Inc.
- SAN FRANCISCO, Dec. 2, 2019 /PRNewswire/ -- The global shape memory alloys market size is expected to reach USD 26.0 billion by 2025 at a CAGR of 12.8%, according to a new report by Grand View Research, Inc.
- Shape memory alloy (SMA) actuators are gaining popularity among automobile manufacturers owing to properties such as shape memory effect (SME) and super elasticity (SE).
- Asia Pacific is projected to remain a key regional shape memory alloys market over the coming years.
- Grand View Research has segmented the global shape memory alloys market based on product, end use, and region:
Shape Memory Alloy Product Outlook (Revenue, USD Million, 2014 - 2025)