World News: 15:16 GMT Friday 11th January 2019. [Research and Markets via Businesswire via SPi World News]
The "Global Shape Memory Alloy Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The shape memory alloy market will register a CAGR of over 9% by 2022.
Development of tires with shape memory alloy to drive market growth
The NASA has developed tires meant for the rover destined for the Mars by using shape memory alloys.
Biocompatibility of Nitinol
Nitinol exhibits super elasticity, shape memory, and corrosion resistance properties. This is leading to an increased usage of Nitinol in implants.
High cost of shape memory alloys
The cost of the alloy is very high because the primary raw material, titanium is very expensive due to its limited supply.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/research/637275/the_global_shape?w=4
Business Wire: 15:16 GMT Friday 11th January 2019
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