Global SMA Actuator Supply, Demand and Key Producers, 2024-2030
Page: 114
Published Date: 01 Oct 2024
Category: Electronics & Semiconductor
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- Description
- Table of Contents
- Table of Figures
- Research Methodology
- Companies Mentioned
- Related Reports
- Product Tags
Description
SMA actuators, or shape memory alloy actuators, are smart material actuators that use the unique shape memory effect (SME) of shape memory alloys to achieve specific functions. SMA actuators change their shape through external stimuli (such as temperature, stress or magnetic field) and can return to their original shape after the stimulus is removed. This feature makes SMA actuators have broad application prospects in many fields.
SMA materials can change their shape within a specific temperature range and return to a predetermined shape during heating or cooling. This shape memory effect is achieved through the phase change process of the material, that is, the material changes from one crystal structure to another during heating, thereby changing its shape. When an external stimulus (such as electric current heating) acts on the SMA element, the element will contract and generate driving force and displacement; when the stimulus is removed, the SMA element will return to its original state under the action of the bias spring, thereby achieving reciprocating drive control.
The global SMA Actuator market size is expected to reach $ million by 2030, rising at a market growth of %CAGR during the forecast period (2024-2030).
The SMA (shape memory alloy) actuator market has shown unique advantages and potential in its current development. The following is a detailed analysis of its market development status and dynamics:
SMA actuators use the shape memory effect principle of shape memory alloys to achieve efficient actuation. They have the characteristics of small size, light weight, simple and reliable structure, no electromagnetic interference, no mechanical noise, fast response speed and flexible control method. These advantages make SMA actuators highly competitive in specific application scenarios.
SMA actuators are used in many fields, especially in the automotive industry. With the electrification and intelligent development of automotive products, the movable parts in the car need to be electronically controlled. SMA actuators are expected to become an alternative to traditional electromagnetic actuators due to their unique advantages. In addition, SMA actuators also show application potential in medical equipment, aerospace, robotics and other fields.
With the rapid development of new energy vehicles, intelligent manufacturing and other fields and the continuous advancement of SMA actuator technology, the SMA actuator market has huge development potential. Technological innovation will be a key factor in promoting the development of the SMA actuator market. In the future, with the continuous advancement of materials science, control technology and other fields, the performance of SMA actuators will be further improved and the application fields will be more extensive.
This report studies the global SMA Actuator production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for SMA Actuator and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of SMA Actuator that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global SMA Actuator total production and demand, 2019-2030, (K Units)
Global SMA Actuator total production value, 2019-2030, (USD Million)
Global SMA Actuator production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (K Units), (based on production site)
Global SMA Actuator consumption by region & country, CAGR, 2019-2030 & (K Units)
U.S. VS China: SMA Actuator domestic production, consumption, key domestic manufacturers and share
Global SMA Actuator production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (K Units)
Global SMA Actuator production by Type, production, value, CAGR, 2019-2030, (USD Million) & (K Units)
Global SMA Actuator production by Application, production, value, CAGR, 2019-2030, (USD Million) & (K Units)
This report profiles key players in the global SMA Actuator market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Memetis, Cambridge Mechatronics, TDK, Kinitics Automation, ASG, Helix Linear Technologies, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World SMA Actuator market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global SMA Actuator Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global SMA Actuator Market, Segmentation by Type:
Linear Actuators
Rotary Actuators
Global SMA Actuator Market, Segmentation by Application:
Automotive Industry
Medical Devices
Aerospace Industry
Robotics Industry
Other
Companies Profiled:
Memetis
Cambridge Mechatronics
TDK
Kinitics Automation
ASG
Helix Linear Technologies
Key Questions Answered:
1. How big is the global SMA Actuator market?
2. What is the demand of the global SMA Actuator market?
3. What is the year over year growth of the global SMA Actuator market?
4. What is the production and production value of the global SMA Actuator market?
5. Who are the key producers in the global SMA Actuator market?
6. What are the growth factors driving the market demand?
Table of Contents
1 Supply Summary
1.1 SMA Actuator Introduction
1.2 World SMA Actuator Supply & Forecast
1.2.1 World SMA Actuator Production Value (2019 & 2023 & 2030)
1.2.2 World SMA Actuator Production (2019-2030)
1.2.3 World SMA Actuator Pricing Trends (2019-2030)
1.3 World SMA Actuator Production by Region (Based on Production Site)
1.3.1 World SMA Actuator Production Value by Region (2019-2030)
1.3.2 World SMA Actuator Production by Region (2019-2030)
1.3.3 World SMA Actuator Average Price by Region (2019-2030)
1.3.4 North America SMA Actuator Production (2019-2030)
1.3.5 Europe SMA Actuator Production (2019-2030)
1.3.6 China SMA Actuator Production (2019-2030)
1.3.7 Japan SMA Actuator Production (2019-2030)
1.3.8 South Korea SMA Actuator Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 SMA Actuator Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 SMA Actuator Major Market Trends
2 Demand Summary
2.1 World SMA Actuator Demand (2019-2030)
2.2 World SMA Actuator Consumption by Region
2.2.1 World SMA Actuator Consumption by Region (2019-2024)
2.2.2 World SMA Actuator Consumption Forecast by Region (2025-2030)
2.3 United States SMA Actuator Consumption (2019-2030)
2.4 China SMA Actuator Consumption (2019-2030)
2.5 Europe SMA Actuator Consumption (2019-2030)
2.6 Japan SMA Actuator Consumption (2019-2030)
2.7 South Korea SMA Actuator Consumption (2019-2030)
2.8 ASEAN SMA Actuator Consumption (2019-2030)
2.9 India SMA Actuator Consumption (2019-2030)
3 World Manufacturers Competitive Analysis
3.1 World SMA Actuator Production Value by Manufacturer (2019-2024)
3.2 World SMA Actuator Production by Manufacturer (2019-2024)
3.3 World SMA Actuator Average Price by Manufacturer (2019-2024)
3.4 SMA Actuator Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global SMA Actuator Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for SMA Actuator in 2023
3.5.3 Global Concentration Ratios (CR8) for SMA Actuator in 2023
3.6 SMA Actuator Market: Overall Company Footprint Analysis
3.6.1 SMA Actuator Market: Region Footprint
3.6.2 SMA Actuator Market: Company Product Type Footprint
3.6.3 SMA Actuator Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations
4 United States VS China VS Rest of the World
4.1 United States VS China: SMA Actuator Production Value Comparison
4.1.1 United States VS China: SMA Actuator Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: SMA Actuator Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: SMA Actuator Production Comparison
4.2.1 United States VS China: SMA Actuator Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: SMA Actuator Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: SMA Actuator Consumption Comparison
4.3.1 United States VS China: SMA Actuator Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: SMA Actuator Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based SMA Actuator Manufacturers and Market Share, 2019-2024
4.4.1 United States Based SMA Actuator Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers SMA Actuator Production Value (2019-2024)
4.4.3 United States Based Manufacturers SMA Actuator Production (2019-2024)
4.5 China Based SMA Actuator Manufacturers and Market Share
4.5.1 China Based SMA Actuator Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers SMA Actuator Production Value (2019-2024)
4.5.3 China Based Manufacturers SMA Actuator Production (2019-2024)
4.6 Rest of World Based SMA Actuator Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based SMA Actuator Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers SMA Actuator Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers SMA Actuator Production (2019-2024)
5 Market Analysis by Type
5.1 World SMA Actuator Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Linear Actuators
5.2.2 Rotary Actuators
5.3 Market Segment by Type
5.3.1 World SMA Actuator Production by Type (2019-2030)
5.3.2 World SMA Actuator Production Value by Type (2019-2030)
5.3.3 World SMA Actuator Average Price by Type (2019-2030)
6 Market Analysis by Application
6.1 World SMA Actuator Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Automotive Industry
6.2.2 Medical Devices
6.2.3 Aerospace Industry
6.2.4 Robotics Industry
6.2.5 Other
6.3 Market Segment by Application
6.3.1 World SMA Actuator Production by Application (2019-2030)
6.3.2 World SMA Actuator Production Value by Application (2019-2030)
6.3.3 World SMA Actuator Average Price by Application (2019-2030)
7 Company Profiles
7.1 Memetis
7.1.1 Memetis Details
7.1.2 Memetis Major Business
7.1.3 Memetis SMA Actuator Product and Services
7.1.4 Memetis SMA Actuator Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 Memetis Recent Developments/Updates
7.1.6 Memetis Competitive Strengths & Weaknesses
7.2 Cambridge Mechatronics
7.2.1 Cambridge Mechatronics Details
7.2.2 Cambridge Mechatronics Major Business
7.2.3 Cambridge Mechatronics SMA Actuator Product and Services
7.2.4 Cambridge Mechatronics SMA Actuator Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 Cambridge Mechatronics Recent Developments/Updates
7.2.6 Cambridge Mechatronics Competitive Strengths & Weaknesses
7.3 TDK
7.3.1 TDK Details
7.3.2 TDK Major Business
7.3.3 TDK SMA Actuator Product and Services
7.3.4 TDK SMA Actuator Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 TDK Recent Developments/Updates
7.3.6 TDK Competitive Strengths & Weaknesses
7.4 Kinitics Automation
7.4.1 Kinitics Automation Details
7.4.2 Kinitics Automation Major Business
7.4.3 Kinitics Automation SMA Actuator Product and Services
7.4.4 Kinitics Automation SMA Actuator Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Kinitics Automation Recent Developments/Updates
7.4.6 Kinitics Automation Competitive Strengths & Weaknesses
7.5 ASG
7.5.1 ASG Details
7.5.2 ASG Major Business
7.5.3 ASG SMA Actuator Product and Services
7.5.4 ASG SMA Actuator Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 ASG Recent Developments/Updates
7.5.6 ASG Competitive Strengths & Weaknesses
7.6 Helix Linear Technologies
7.6.1 Helix Linear Technologies Details
7.6.2 Helix Linear Technologies Major Business
7.6.3 Helix Linear Technologies SMA Actuator Product and Services
7.6.4 Helix Linear Technologies SMA Actuator Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Helix Linear Technologies Recent Developments/Updates
7.6.6 Helix Linear Technologies Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 SMA Actuator Industry Chain
8.2 SMA Actuator Upstream Analysis
8.2.1 SMA Actuator Core Raw Materials
8.2.2 Main Manufacturers of SMA Actuator Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 SMA Actuator Production Mode
8.6 SMA Actuator Procurement Model
8.7 SMA Actuator Industry Sales Model and Sales Channels
8.7.1 SMA Actuator Sales Model
8.7.2 SMA Actuator Typical Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World SMA Actuator Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World SMA Actuator Production Value by Region (2019-2024) & (USD Million)
Table 3. World SMA Actuator Production Value by Region (2025-2030) & (USD Million)
Table 4. World SMA Actuator Production Value Market Share by Region (2019-2024)
Table 5. World SMA Actuator Production Value Market Share by Region (2025-2030)
Table 6. World SMA Actuator Production by Region (2019-2024) & (K Units)
Table 7. World SMA Actuator Production by Region (2025-2030) & (K Units)
Table 8. World SMA Actuator Production Market Share by Region (2019-2024)
Table 9. World SMA Actuator Production Market Share by Region (2025-2030)
Table 10. World SMA Actuator Average Price by Region (2019-2024) & (US$/Unit)
Table 11. World SMA Actuator Average Price by Region (2025-2030) & (US$/Unit)
Table 12. SMA Actuator Major Market Trends
Table 13. World SMA Actuator Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (K Units)
Table 14. World SMA Actuator Consumption by Region (2019-2024) & (K Units)
Table 15. World SMA Actuator Consumption Forecast by Region (2025-2030) & (K Units)
Table 16. World SMA Actuator Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key SMA Actuator Producers in 2023
Table 18. World SMA Actuator Production by Manufacturer (2019-2024) & (K Units)
Table 19. Production Market Share of Key SMA Actuator Producers in 2023
Table 20. World SMA Actuator Average Price by Manufacturer (2019-2024) & (US$/Unit)
Table 21. Global SMA Actuator Company Evaluation Quadrant
Table 22. World SMA Actuator Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and SMA Actuator Production Site of Key Manufacturer
Table 24. SMA Actuator Market: Company Product Type Footprint
Table 25. SMA Actuator Market: Company Product Application Footprint
Table 26. SMA Actuator Competitive Factors
Table 27. SMA Actuator New Entrant and Capacity Expansion Plans
Table 28. SMA Actuator Mergers & Acquisitions Activity
Table 29. United States VS China SMA Actuator Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China SMA Actuator Production Comparison, (2019 & 2023 & 2030) & (K Units)
Table 31. United States VS China SMA Actuator Consumption Comparison, (2019 & 2023 & 2030) & (K Units)
Table 32. United States Based SMA Actuator Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers SMA Actuator Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers SMA Actuator Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers SMA Actuator Production (2019-2024) & (K Units)
Table 36. United States Based Manufacturers SMA Actuator Production Market Share (2019-2024)
Table 37. China Based SMA Actuator Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers SMA Actuator Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers SMA Actuator Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers SMA Actuator Production, (2019-2024) & (K Units)
Table 41. China Based Manufacturers SMA Actuator Production Market Share (2019-2024)
Table 42. Rest of World Based SMA Actuator Manufacturers, Headquarters and Production Site (State, Country)
Table 43. Rest of World Based Manufacturers SMA Actuator Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers SMA Actuator Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers SMA Actuator Production, (2019-2024) & (K Units)
Table 46. Rest of World Based Manufacturers SMA Actuator Production Market Share (2019-2024)
Table 47. World SMA Actuator Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World SMA Actuator Production by Type (2019-2024) & (K Units)
Table 49. World SMA Actuator Production by Type (2025-2030) & (K Units)
Table 50. World SMA Actuator Production Value by Type (2019-2024) & (USD Million)
Table 51. World SMA Actuator Production Value by Type (2025-2030) & (USD Million)
Table 52. World SMA Actuator Average Price by Type (2019-2024) & (US$/Unit)
Table 53. World SMA Actuator Average Price by Type (2025-2030) & (US$/Unit)
Table 54. World SMA Actuator Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World SMA Actuator Production by Application (2019-2024) & (K Units)
Table 56. World SMA Actuator Production by Application (2025-2030) & (K Units)
Table 57. World SMA Actuator Production Value by Application (2019-2024) & (USD Million)
Table 58. World SMA Actuator Production Value by Application (2025-2030) & (USD Million)
Table 59. World SMA Actuator Average Price by Application (2019-2024) & (US$/Unit)
Table 60. World SMA Actuator Average Price by Application (2025-2030) & (US$/Unit)
Table 61. Memetis Basic Information, Manufacturing Base and Competitors
Table 62. Memetis Major Business
Table 63. Memetis SMA Actuator Product and Services
Table 64. Memetis SMA Actuator Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. Memetis Recent Developments/Updates
Table 66. Memetis Competitive Strengths & Weaknesses
Table 67. Cambridge Mechatronics Basic Information, Manufacturing Base and Competitors
Table 68. Cambridge Mechatronics Major Business
Table 69. Cambridge Mechatronics SMA Actuator Product and Services
Table 70. Cambridge Mechatronics SMA Actuator Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. Cambridge Mechatronics Recent Developments/Updates
Table 72. Cambridge Mechatronics Competitive Strengths & Weaknesses
Table 73. TDK Basic Information, Manufacturing Base and Competitors
Table 74. TDK Major Business
Table 75. TDK SMA Actuator Product and Services
Table 76. TDK SMA Actuator Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. TDK Recent Developments/Updates
Table 78. TDK Competitive Strengths & Weaknesses
Table 79. Kinitics Automation Basic Information, Manufacturing Base and Competitors
Table 80. Kinitics Automation Major Business
Table 81. Kinitics Automation SMA Actuator Product and Services
Table 82. Kinitics Automation SMA Actuator Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Kinitics Automation Recent Developments/Updates
Table 84. Kinitics Automation Competitive Strengths & Weaknesses
Table 85. ASG Basic Information, Manufacturing Base and Competitors
Table 86. ASG Major Business
Table 87. ASG SMA Actuator Product and Services
Table 88. ASG SMA Actuator Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. ASG Recent Developments/Updates
Table 90. ASG Competitive Strengths & Weaknesses
Table 91. Helix Linear Technologies Basic Information, Manufacturing Base and Competitors
Table 92. Helix Linear Technologies Major Business
Table 93. Helix Linear Technologies SMA Actuator Product and Services
Table 94. Helix Linear Technologies SMA Actuator Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 95. Helix Linear Technologies Recent Developments/Updates
Table 96. Helix Linear Technologies Competitive Strengths & Weaknesses
Table 97. Global Key Players of SMA Actuator Upstream (Raw Materials)
Table 98. Global SMA Actuator Typical Customers
Table 99. SMA Actuator Typical Distributors
List of Figures
Figure 1. SMA Actuator Picture
Figure 2. World SMA Actuator Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World SMA Actuator Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World SMA Actuator Production (2019-2030) & (K Units)
Figure 5. World SMA Actuator Average Price (2019-2030) & (US$/Unit)
Figure 6. World SMA Actuator Production Value Market Share by Region (2019-2030)
Figure 7. World SMA Actuator Production Market Share by Region (2019-2030)
Figure 8. North America SMA Actuator Production (2019-2030) & (K Units)
Figure 9. Europe SMA Actuator Production (2019-2030) & (K Units)
Figure 10. China SMA Actuator Production (2019-2030) & (K Units)
Figure 11. Japan SMA Actuator Production (2019-2030) & (K Units)
Figure 12. South Korea SMA Actuator Production (2019-2030) & (K Units)
Figure 13. SMA Actuator Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World SMA Actuator Consumption (2019-2030) & (K Units)
Figure 16. World SMA Actuator Consumption Market Share by Region (2019-2030)
Figure 17. United States SMA Actuator Consumption (2019-2030) & (K Units)
Figure 18. China SMA Actuator Consumption (2019-2030) & (K Units)
Figure 19. Europe SMA Actuator Consumption (2019-2030) & (K Units)
Figure 20. Japan SMA Actuator Consumption (2019-2030) & (K Units)
Figure 21. South Korea SMA Actuator Consumption (2019-2030) & (K Units)
Figure 22. ASEAN SMA Actuator Consumption (2019-2030) & (K Units)
Figure 23. India SMA Actuator Consumption (2019-2030) & (K Units)
Figure 24. Producer Shipments of SMA Actuator by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for SMA Actuator Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for SMA Actuator Markets in 2023
Figure 27. United States VS China: SMA Actuator Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: SMA Actuator Production Market Share Comparison (2019 & 2023 & 2030)
Figure 29. United States VS China: SMA Actuator Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 30. United States Based Manufacturers SMA Actuator Production Market Share 2023
Figure 31. China Based Manufacturers SMA Actuator Production Market Share 2023
Figure 32. Rest of World Based Manufacturers SMA Actuator Production Market Share 2023
Figure 33. World SMA Actuator Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 34. World SMA Actuator Production Value Market Share by Type in 2023
Figure 35. Linear Actuators
Figure 36. Rotary Actuators
Figure 37. World SMA Actuator Production Market Share by Type (2019-2030)
Figure 38. World SMA Actuator Production Value Market Share by Type (2019-2030)
Figure 39. World SMA Actuator Average Price by Type (2019-2030) & (US$/Unit)
Figure 40. World SMA Actuator Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 41. World SMA Actuator Production Value Market Share by Application in 2023
Figure 42. Automotive Industry
Figure 43. Medical Devices
Figure 44. Aerospace Industry
Figure 45. Robotics Industry
Figure 46. Other
Figure 47. World SMA Actuator Production Market Share by Application (2019-2030)
Figure 48. World SMA Actuator Production Value Market Share by Application (2019-2030)
Figure 49. World SMA Actuator Average Price by Application (2019-2030) & (US$/Unit)
Figure 50. SMA Actuator Industry Chain
Figure 51. SMA Actuator Procurement Model
Figure 52. SMA Actuator Sales Model
Figure 53. SMA Actuator Sales Channels, Direct Sales, and Distribution
Figure 54. Methodology
Figure 55. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Memetis Cambridge Mechatronics TDK Kinitics Automation ASG Helix Linear Technologies
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