Global Magnetic Shape Memory Actuator Market 2024-2030

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    MAGNETIC SHAPE MEMORY ACTUATOR MARKET

     

    INTRODUCTION

    When a magnetic material changes shape or size in response to the application of a magnetic field, this is referred to as magnetic shape memory (MSM). There are two different kinds of MSM effects.

     

    The first one happens in a twinned magnetically ordered material, where the magnetic field applied causes the crystallographic axes to be irreversibly reoriented.

     

    Any class of computer memory systems made up of a massive arrangement of microscopic torus-shaped structures made of a hard magnetic substance that may be magnetised in one of two directions is known as magnetic-core memory, also known as core memory or magnetic-core storage.

     

    This actuator uses a unique magnetic shape memory alloy that, when exposed to a magnetic field, exhibits reversible strain deformation more than 10%. The material remains in its strained state after the magnetic field is removed. 

     

    MAGNETIC SHAPE MEMORY ACTUATOR MARKET  SIZE AND FORECAST

     

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    The  Global Magnetic shape memory actuator market  accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    RECENT DEVELOPMENT

    A push-pull type actuator made with a magnetic shape memory alloy has been created by NASA Goddard Space Flight Center.

     

    The actuator’s nanoscale accuracy and self-position sensing enable reliable and accurate actuation with applications ranging from straightforward locking mechanisms to precise optical instrument pointing.

     

    The actuator’s position is preserved when the magnetic field is removed or the device is turned off because to the innovative magnetic shape memory alloy’s special features, which enable rapid actuation up to thousands of times per second.

     

    This actuator makes use of a brand-new magnetic alloy with shape memory, which shows reversible strain deformation of more than 10% in the presence of a magnetic field. The material keeps its stretched state after the magnetic field is turned off.

     

    This material is used in the actuator design along with a reversible magnetic circuit to enable push-pull type actuation.

     

    Advantages include the ability to rapidly actuate up to a kHz frequency range, nanometer actuation precision, high dynamic range, self-position detection, and position maintenance when the device is turned off. Uses include release/restraint mechanisms, fast steering mirrors, and optical pointing devices. 

     

    COMPANY PROFILE

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Magnetic shape memory actuators are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Magnetic shape memory actuator and key vendor selection criteria
    3. Where is the Magnetic shape memory actuator manufactured? What is the average margin per unit?
    4. Market share of Global Magnetic shape memory actuator market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Magnetic shape memory actuator in-house
    6. key predictions for next 5 years in Global Magnetic shape memory actuator market
    7. Average B-2-B Magnetic shape memory actuator market price in all segments
    8. Latest trends in Magnetic shape memory actuator market, by every market segment
    9. The market size (both volume and value) of the Magnetic shape memory actuator market in 2024-2030 and every year in between?
    10. Production breakup of Magnetic shape memory actuator market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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