What is it?
Shape memory materials are smart materials that can return to their original shape after being deformed, when subjected to an external stimulus such as heat, light, or magnetic fields. These materials “remember” their pre-deformed shape and can recover it even after undergoing significant deformations.
Why is it important?
Shape memory materials can be used to create smart structures and actuators that respond to external stimuli, enabling adaptive and self-regulating systems. Shape memory materials can be used to create medical devices that can be easily inserted into the body in a compact form and then deployed to their functional shape, minimizing patient trauma. The ability of shape memory materials to recover their shape after deformation allows for the creation of lightweight, compact, and deployable structures, reducing material usage and storage space.
What industries will it impact?
Aerospace and automotive, Biomedical and healthcare, Robotics and automation, Consumer products, Construction and civil engineering.
Market players
Kebotix, Matelligence, Awaji Materia Co., Ltd., Furukawa Electric Group, Maruho Hatsujyo Kogyo Co., Ltd., Nippon, re-fer AG, The Smart Tire Company, VenoStent