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Report Scope & Overview:

Shape-memory Alloys Market was valued at $9.2 billion in 2020, and is projected to reach $19.5 billion by 2030, growing at a CAGR of 8.2% from 2021 to 2030.

Shape-memory Alloys Market Overview:
Global Shape-memory Alloys Market research provides insights into consumer behavior, industry trends, and market competition through the use of various research techniques, including surveys, interviews, and data analysis. The industry serves a wide range of clients, including businesses, government agencies, and non-profit organizations. Shape-memory Alloys Market is highly diverse, with a range of services and specialties, including quantitative and qualitative research, brand research, product testing, customer satisfaction research, and competitive analysis.
 
Overall, Shape-memory Alloys market plays a crucial role in helping businesses and organizations make informed decisions based on data-driven insights. As the demand for data-driven decision-making continues to grow, Shape-memory Alloys market research is expected to experience further growth and innovation in the coming years.

DESCIMG1

Market Key Growth Factors

Expanding Applications: The versatility of shape-memory alloys in various industries has led to an expansion in their applications. For instance, they are used in medical devices such as stents, orthopedic implants, and guidewires due to their biocompatibility and ability to adapt to body temperatures.

Advancements in Material Science: Ongoing research and development efforts in material science have led to the discovery and development of new shape-memory alloys with improved properties, including better shape recovery and transition temperatures. These advancements have increased the range of potential applications.

Aerospace and Defense Industry: The aerospace and defense sectors have shown significant interest in shape-memory alloys due to their potential use in morphing structures, smart materials, and adaptive systems. These alloys can help optimize aircraft performance and reduce fuel consumption.

Consumer Electronics: Shape-memory alloys are being explored for use in consumer electronics, such as smart textiles and wearable devices. They can enable innovative designs and functionalities, enhancing user experience.

Automotive Industry: SMAs are being researched for use in automotive applications, such as active aerodynamics and energy-efficient systems. Their ability to change shape in response to external stimuli can contribute to improved vehicle efficiency.

Miniaturization and Micro-Actuators: The trend toward miniaturization in various industries, including medical devices and electronics, has created a demand for micro-actuators. Shape-memory alloys can be used as actuators in micro-scale systems.

Medical Devices: The healthcare sector continues to drive demand for shape-memory alloys. They are used in minimally invasive surgical instruments, dental braces, and more, due to their ability to exert controlled forces and adapt to body conditions.

Increasing Research and Investment: Research institutions, universities, and companies are investing in the development of new shape-memory alloy compositions and applications. This ongoing research is expected to uncover novel uses and further drive market growth.

Rising Demand for Smart Materials: The growing demand for smart materials that can respond to changes in their environment is boosting interest in shape-memory alloys. These alloys can be engineered to respond to various stimuli, including temperature, stress, and magnetic fields.

Global Industrial Growth: As industries around the world continue to grow and innovate, the demand for advanced materials like shape-memory alloys is likely to increase, supporting the market's expansion.


Market Segmentations:

Global Shape-memory Alloys Market: By Company
• Nitinol Devices & Components
• SAES Getters
• G.RAU GmbH & Co. KG
• ATI Wah-chang
• Johnson Matthey
• Fort Wayne Metals
• Furukawa Electric
• Nippon Steel & Sumitomo Metal
• Nippon Seisen
• Metalwerks PMD
• Ultimate NiTi Technologies
• Dynalloy
• Grikin
• PEIER Tech
• Saite Metal
• Baoji Seabird Metal
• GEE

Global Shape-memory Alloys Market: By Type
• Nickel-Titanium (Ni-Ti)
• Copper Based
• Fe-Manganese-Silicon
• Other Type

Global Shape-memory Alloys Market: By Application
• Medical
• Aircraft
• Automotive
• Home Appliance

Global Shape-memory Alloys Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Shape-memory Alloys market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Repot Attribute/MetricDetails
Market Size in 2020$9.2 billion
Projected Market Size 2030$19.5 billion
Compound Annual Growth Rate (CAGR)8.2%
Base Year2022
Forecast Period2023 to 2032
Historical Data2018-2022
Forecast UnitsValue ($ Billion)
Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and Trends 
By Type• Nickel-Titanium (Ni-Ti)
• Copper Based
• Fe-Manganese-Silicon
• Other Type
By Application• Medical
• Aircraft
• Automotive
• Home Appliance
Key Companies Profiled• Nitinol Devices & Components
• SAES Getters
• G.RAU GmbH & Co. KG
• ATI Wah-chang
• Johnson Matthey
• Fort Wayne Metals
• Furukawa Electric
• Nippon Steel & Sumitomo Metal
• Nippon Seisen
• Metalwerks PMD
• Ultimate NiTi Technologies
• Dynalloy
• Grikin
• PEIER Tech
• Saite Metal
• Baoji Seabird Metal
• GEE
Regions and Key Countries CoveredU.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America
Customization ScopeAvailable on Request


Reasons to Purchase Shape-memory Alloys Market Report:
• To gain insights into market trends and dynamics: this reports provide valuable insights into industry trends and dynamics, including market size, growth rates, and key drivers and challenges.
• To identify key players and competitors: this research reports can help businesses identify key players and competitors in their industry, including their market share, strategies, and strengths and weaknesses.
• To understand consumer behavior: this research reports can provide valuable insights into consumer behavior, including their preferences, purchasing habits, and demographics.
• To evaluate market opportunities: this research reports can help businesses evaluate market opportunities, including potential new products or services, new markets, and emerging trends.
• To make informed business decisions: this research reports provide businesses with data-driven insights that can help them make informed business decisions, including strategic planning, product development, and marketing and advertising strategies.
Overall, market research reports provide businesses and organizations with valuable information that can help them make informed decisions and stay competitive in their industry. They can provide a solid foundation for business planning, strategy development, and decision-making.

Objectives of Shape-memory Alloys Market Study:
The objectives of Shape-memory Alloys market research report may vary depending on the specific needs and goals of the business or organization commissioning the report. However, some common objectives of market research reports include:
• Understanding the market size and potential: One of the primary objectives of Shape-memory Alloys market research is to understand the size and potential of a particular market. This includes analyzing market trends and dynamics, identifying key players and competitors, and assessing the demand for products or services.
• Identifying target customers and segments: this market research reports can help businesses identify and understand their target customers and market segments, including their preferences, behaviors, and demographics. This information can be used to develop targeted marketing and advertising strategies.
• Evaluating product or service performance: this market research reports can provide valuable insights into the performance of products or services, including customer satisfaction, product usage, and product quality. This information can be used to improve products or services and enhance customer satisfaction.
• Assessing market opportunities and threats: this market research reports can help businesses identify potential market opportunities and threats, including emerging trends, competitive threats, and new market entrants. This information can be used to develop strategic plans and make informed business decisions.
• Developing effective marketing and advertising strategies: this market research reports can help businesses develop effective marketing and advertising strategies by providing insights into customer preferences and behavior, competitive dynamics, and market trends. This can help businesses improve brand awareness, customer engagement, and overall marketing effectiveness.
Overall, the objectives of Shape-memory Alloys market research report are to provide businesses and organizations with valuable insights and data-driven recommendations that can help them make informed business decisions and stay competitive in their industry.

Frequently Asked Questions

  The increasing demand for miniaturized and smart devices in various industries drives the growth of the SMA market.

  Aerospace and medical industries are some of the largest consumers of shape-memory alloys due to their unique properties and reliability.

  Challenges include high production costs, limited material options, and the need for precise engineering to achieve desired performance.

  The United States, Europe (especially Germany), and Japan have been prominent regions in the production and research of shape-memory alloys.

  The SMA market is expected to grow as new applications are discovered, and as research advances lead to improved materials and production processes.

TABLE OF CONTENT

1 Shape-memory Alloys Market Overview
1.1 Product Definition
1.2 Shape-memory Alloys Segment by Type
1.2.1 Global Shape-memory Alloys Market Value Growth Rate Analysis by Type 2023 VS 2032
1.2.2 Nickel-Titanium (Ni-Ti)
1.2.3 Copper Based
1.2.4 Fe-Manganese-Silicon
1.2.5 Other Type
1.3 Shape-memory Alloys Segment by Application
1.3.1 Global Shape-memory Alloys Market Value Growth Rate Analysis by Application: 2023 VS 2032
1.3.2 Medical
1.3.3 Aircraft
1.3.4 Automotive
1.3.5 Home Appliance
1.4 Global Market Growth Prospects
1.4.1 Global Shape-memory Alloys Production Value Estimates and Forecasts (2017-2032)
1.4.2 Global Shape-memory Alloys Production Capacity Estimates and Forecasts (2017-2032)
1.4.3 Global Shape-memory Alloys Production Estimates and Forecasts (2017-2032)
1.4.4 Global Shape-memory Alloys Market Average Price Estimates and Forecasts (2017-2032)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Shape-memory Alloys Production Market Share by Manufacturers (2017-2023)
2.2 Global Shape-memory Alloys Production Value Market Share by Manufacturers (2017-2023)
2.3 Global Key Players of Shape-memory Alloys, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Shape-memory Alloys Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Shape-memory Alloys Average Price by Manufacturers (2017-2023)
2.6 Global Key Manufacturers of Shape-memory Alloys, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Shape-memory Alloys, Product Offered and Application
2.8 Global Key Manufacturers of Shape-memory Alloys, Date of Enter into This Industry
2.9 Shape-memory Alloys Market Competitive Situation and Trends
2.9.1 Shape-memory Alloys Market Concentration Rate
2.9.2 Global 5 and 10 Largest Shape-memory Alloys Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Shape-memory Alloys Production by Region
3.1 Global Shape-memory Alloys Production Value Estimates and Forecasts by Region: 2018 VS 2023 VS 2032
3.2 Global Shape-memory Alloys Production Value by Region (2017-2032)
3.2.1 Global Shape-memory Alloys Production Value Market Share by Region (2017-2023)
3.2.2 Global Forecasted Production Value of Shape-memory Alloys by Region (2023-2032)
3.3 Global Shape-memory Alloys Production Estimates and Forecasts by Region: 2018 VS 2023 VS 2032
3.4 Global Shape-memory Alloys Production by Region (2017-2032)
3.4.1 Global Shape-memory Alloys Production Market Share by Region (2017-2023)
3.4.2 Global Forecasted Production of Shape-memory Alloys by Region (2023-2032)
3.5 Global Shape-memory Alloys Market Price Analysis by Region (2017-2023)
3.6 Global Shape-memory Alloys Production and Value, Year-over-Year Growth
3.6.1 North America Shape-memory Alloys Production Value Estimates and Forecasts (2017-2032)
3.6.2 Europe Shape-memory Alloys Production Value Estimates and Forecasts (2017-2032)
3.6.3 China Shape-memory Alloys Production Value Estimates and Forecasts (2017-2032)
3.6.4 Japan Shape-memory Alloys Production Value Estimates and Forecasts (2017-2032)
4 Shape-memory Alloys Consumption by Region
4.1 Global Shape-memory Alloys Consumption Estimates and Forecasts by Region: 2018 VS 2023 VS 2032
4.2 Global Shape-memory Alloys Consumption by Region (2017-2032)
4.2.1 Global Shape-memory Alloys Consumption by Region (2017-2023)
4.2.2 Global Shape-memory Alloys Forecasted Consumption by Region (2023-2032)
4.3 North America
4.3.1 North America Shape-memory Alloys Consumption Growth Rate by Country: 2018 VS 2023 VS 2032
4.3.2 North America Shape-memory Alloys Consumption by Country (2017-2032)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Shape-memory Alloys Consumption Growth Rate by Country: 2018 VS 2023 VS 2032
4.4.2 Europe Shape-memory Alloys Consumption by Country (2017-2032)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Shape-memory Alloys Consumption Growth Rate by Region: 2018 VS 2023 VS 2032
4.5.2 Asia Pacific Shape-memory Alloys Consumption by Region (2017-2032)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Shape-memory Alloys Consumption Growth Rate by Country: 2018 VS 2023 VS 2032
4.6.2 Latin America, Middle East & Africa Shape-memory Alloys Consumption by Country (2017-2032)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Shape-memory Alloys Production by Type (2017-2032)
5.1.1 Global Shape-memory Alloys Production by Type (2017-2023)
5.1.2 Global Shape-memory Alloys Production by Type (2023-2032)
5.1.3 Global Shape-memory Alloys Production Market Share by Type (2017-2032)
5.2 Global Shape-memory Alloys Production Value by Type (2017-2032)
5.2.1 Global Shape-memory Alloys Production Value by Type (2017-2023)
5.2.2 Global Shape-memory Alloys Production Value by Type (2023-2032)
5.2.3 Global Shape-memory Alloys Production Value Market Share by Type (2017-2032)
5.3 Global Shape-memory Alloys Price by Type (2017-2032)
6 Segment by Application
6.1 Global Shape-memory Alloys Production by Application (2017-2032)
6.1.1 Global Shape-memory Alloys Production by Application (2017-2023)
6.1.2 Global Shape-memory Alloys Production by Application (2023-2032)
6.1.3 Global Shape-memory Alloys Production Market Share by Application (2017-2032)
6.2 Global Shape-memory Alloys Production Value by Application (2017-2032)
6.2.1 Global Shape-memory Alloys Production Value by Application (2017-2023)
6.2.2 Global Shape-memory Alloys Production Value by Application (2023-2032)
6.2.3 Global Shape-memory Alloys Production Value Market Share by Application (2017-2032)
6.3 Global Shape-memory Alloys Price by Application (2017-2032)
7 Key Companies Profiled
7.1 Nitinol Devices & Components
7.1.1 Nitinol Devices & Components Shape-memory Alloys Corporation Information
7.1.2 Nitinol Devices & Components Shape-memory Alloys Product Portfolio
7.1.3 Nitinol Devices & Components Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.1.4 Nitinol Devices & Components Main Business and Markets Served
7.1.5 Nitinol Devices & Components Recent Developments/Updates
7.2 SAES Getters
7.2.1 SAES Getters Shape-memory Alloys Corporation Information
7.2.2 SAES Getters Shape-memory Alloys Product Portfolio
7.2.3 SAES Getters Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.2.4 SAES Getters Main Business and Markets Served
7.2.5 SAES Getters Recent Developments/Updates
7.3 G.RAU GmbH & Co. KG
7.3.1 G.RAU GmbH & Co. KG Shape-memory Alloys Corporation Information
7.3.2 G.RAU GmbH & Co. KG Shape-memory Alloys Product Portfolio
7.3.3 G.RAU GmbH & Co. KG Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.3.4 G.RAU GmbH & Co. KG Main Business and Markets Served
7.3.5 G.RAU GmbH & Co. KG Recent Developments/Updates
7.4 ATI Wah-chang
7.4.1 ATI Wah-chang Shape-memory Alloys Corporation Information
7.4.2 ATI Wah-chang Shape-memory Alloys Product Portfolio
7.4.3 ATI Wah-chang Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.4.4 ATI Wah-chang Main Business and Markets Served
7.4.5 ATI Wah-chang Recent Developments/Updates
7.5 Johnson Matthey
7.5.1 Johnson Matthey Shape-memory Alloys Corporation Information
7.5.2 Johnson Matthey Shape-memory Alloys Product Portfolio
7.5.3 Johnson Matthey Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.5.4 Johnson Matthey Main Business and Markets Served
7.5.5 Johnson Matthey Recent Developments/Updates
7.6 Fort Wayne Metals
7.6.1 Fort Wayne Metals Shape-memory Alloys Corporation Information
7.6.2 Fort Wayne Metals Shape-memory Alloys Product Portfolio
7.6.3 Fort Wayne Metals Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.6.4 Fort Wayne Metals Main Business and Markets Served
7.6.5 Fort Wayne Metals Recent Developments/Updates
7.7 Furukawa Electric
7.7.1 Furukawa Electric Shape-memory Alloys Corporation Information
7.7.2 Furukawa Electric Shape-memory Alloys Product Portfolio
7.7.3 Furukawa Electric Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.7.4 Furukawa Electric Main Business and Markets Served
7.7.5 Furukawa Electric Recent Developments/Updates
7.8 Nippon Steel & Sumitomo Metal
7.8.1 Nippon Steel & Sumitomo Metal Shape-memory Alloys Corporation Information
7.8.2 Nippon Steel & Sumitomo Metal Shape-memory Alloys Product Portfolio
7.8.3 Nippon Steel & Sumitomo Metal Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.8.4 Nippon Steel & Sumitomo Metal Main Business and Markets Served
7.7.5 Nippon Steel & Sumitomo Metal Recent Developments/Updates
7.9 Nippon Seisen
7.9.1 Nippon Seisen Shape-memory Alloys Corporation Information
7.9.2 Nippon Seisen Shape-memory Alloys Product Portfolio
7.9.3 Nippon Seisen Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.9.4 Nippon Seisen Main Business and Markets Served
7.9.5 Nippon Seisen Recent Developments/Updates
7.10 Metalwerks PMD
7.10.1 Metalwerks PMD Shape-memory Alloys Corporation Information
7.10.2 Metalwerks PMD Shape-memory Alloys Product Portfolio
7.10.3 Metalwerks PMD Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.10.4 Metalwerks PMD Main Business and Markets Served
7.10.5 Metalwerks PMD Recent Developments/Updates
7.11 Ultimate NiTi Technologies
7.11.1 Ultimate NiTi Technologies Shape-memory Alloys Corporation Information
7.11.2 Ultimate NiTi Technologies Shape-memory Alloys Product Portfolio
7.11.3 Ultimate NiTi Technologies Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.11.4 Ultimate NiTi Technologies Main Business and Markets Served
7.11.5 Ultimate NiTi Technologies Recent Developments/Updates
7.12 Dynalloy
7.12.1 Dynalloy Shape-memory Alloys Corporation Information
7.12.2 Dynalloy Shape-memory Alloys Product Portfolio
7.12.3 Dynalloy Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.12.4 Dynalloy Main Business and Markets Served
7.12.5 Dynalloy Recent Developments/Updates
7.13 Grikin
7.13.1 Grikin Shape-memory Alloys Corporation Information
7.13.2 Grikin Shape-memory Alloys Product Portfolio
7.13.3 Grikin Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.13.4 Grikin Main Business and Markets Served
7.13.5 Grikin Recent Developments/Updates
7.14 PEIER Tech
7.14.1 PEIER Tech Shape-memory Alloys Corporation Information
7.14.2 PEIER Tech Shape-memory Alloys Product Portfolio
7.14.3 PEIER Tech Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.14.4 PEIER Tech Main Business and Markets Served
7.14.5 PEIER Tech Recent Developments/Updates
7.15 Saite Metal
7.15.1 Saite Metal Shape-memory Alloys Corporation Information
7.15.2 Saite Metal Shape-memory Alloys Product Portfolio
7.15.3 Saite Metal Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.15.4 Saite Metal Main Business and Markets Served
7.15.5 Saite Metal Recent Developments/Updates
7.16 Baoji Seabird Metal
7.16.1 Baoji Seabird Metal Shape-memory Alloys Corporation Information
7.16.2 Baoji Seabird Metal Shape-memory Alloys Product Portfolio
7.16.3 Baoji Seabird Metal Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.16.4 Baoji Seabird Metal Main Business and Markets Served
7.16.5 Baoji Seabird Metal Recent Developments/Updates
7.17 GEE
7.17.1 GEE Shape-memory Alloys Corporation Information
7.17.2 GEE Shape-memory Alloys Product Portfolio
7.17.3 GEE Shape-memory Alloys Production, Value, Price and Gross Margin (2017-2023)
7.17.4 GEE Main Business and Markets Served
7.17.5 GEE Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Shape-memory Alloys Industry Chain Analysis
8.2 Shape-memory Alloys Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Shape-memory Alloys Production Mode & Process
8.4 Shape-memory Alloys Sales and Marketing
8.4.1 Shape-memory Alloys Sales Channels
8.4.2 Shape-memory Alloys Distributors
8.5 Shape-memory Alloys Customers
9 Shape-memory Alloys Market Dynamics
9.1 Shape-memory Alloys Industry Trends
9.2 Shape-memory Alloys Market Drivers
9.3 Shape-memory Alloys Market Challenges
9.4 Shape-memory Alloys Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

Nitinol Devices & Components
SAES Getters
G.RAU GmbH & Co. KG
ATI Wah-chang
Johnson Matthey
Fort Wayne Metals
Furukawa Electric
Nippon Steel & Sumitomo Metal
Nippon Seisen
Metalwerks PMD
Ultimate NiTi Technologies
Dynalloy
Grikin
PEIER Tech
Saite Metal
Baoji Seabird Metal
GEE

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