Chapter 7 Market perspectives of smart alloys
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S. Sujay Karthick
Abstract
This research review examines the market perspectives of smart alloys, a segment of specialized materials with distinct properties such as shape memory effects and high-temperature stability. The review explores the elements of market demand, including the growing need for sustainable and efficient solutions in sectors like renewable energy, aerospace, and healthcare. Key market trends, such as the increasing adoption of additive manufacturing and the rise of collaborative research, are analyzed. The review also delves into the critical aspects of intellectual property protection, regulatory compliance, and strategic partnerships in driving the commercialization of smart alloys. Finally, the economic viability and future market opportunities for these advanced materials are discussed, highlighting their potential for significant growth and technological advancements.
Abstract
This research review examines the market perspectives of smart alloys, a segment of specialized materials with distinct properties such as shape memory effects and high-temperature stability. The review explores the elements of market demand, including the growing need for sustainable and efficient solutions in sectors like renewable energy, aerospace, and healthcare. Key market trends, such as the increasing adoption of additive manufacturing and the rise of collaborative research, are analyzed. The review also delves into the critical aspects of intellectual property protection, regulatory compliance, and strategic partnerships in driving the commercialization of smart alloys. Finally, the economic viability and future market opportunities for these advanced materials are discussed, highlighting their potential for significant growth and technological advancements.
Chapters in this book
- Frontmatter I
- Contents V
- Contributing authors VII
- Chapter 1 Introduction to smart materials and alloys 1
- Chapter 2 High-entropy alloys: design, properties, manufacturing, and applications 35
- Chapter 3 Biocompatible smart material alloys for implantable devices 71
- Chapter 4 Smart alloys in corrosion prevention and wastewater treatment applications 101
- Chapter 5 Innovations in smart alloy applications enhancing aerospace and automotive performance 127
- Chapter 6 Future trends and research challenges in smart alloys 145
- Chapter 7 Market perspectives of smart alloys 169
- Index 193
Chapters in this book
- Frontmatter I
- Contents V
- Contributing authors VII
- Chapter 1 Introduction to smart materials and alloys 1
- Chapter 2 High-entropy alloys: design, properties, manufacturing, and applications 35
- Chapter 3 Biocompatible smart material alloys for implantable devices 71
- Chapter 4 Smart alloys in corrosion prevention and wastewater treatment applications 101
- Chapter 5 Innovations in smart alloy applications enhancing aerospace and automotive performance 127
- Chapter 6 Future trends and research challenges in smart alloys 145
- Chapter 7 Market perspectives of smart alloys 169
- Index 193
