This book is devoted to the development of the shape memory materials and their applications. It covers many aspects of smart materials. It also describes the method on how we can obtain not only large recovery strains but also high recovery stress, energy storage and energy dissipation in applications. This volume treats the mechanical properties of shape memory alloys, shape memory polymers and the constitutive equations of the materials which are necessary to design the shape memory elements in applications. It also deals with the fatigue properties of materials, the method to design the shape memory elements, and the shape memory composites. The authors are international experts on shape memory alloys and shape memory polymers in the metallurgical, chemical, mechanical and engineering fields. The book will be of interest to graduate students, engineers, scientists and designers who are working in the field of electric and mechanical engineering, industries, medical engineering, aerospace engineering, robots, automatic machines, clothes and recycling for research, design and manufacturing.