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    Metal Injection Molding Market | Covid-19 Impact Analysis

    Metal Injection Molding Market | Covid-19 Impact Analysis

    Metal Injection Molding Market | Covid-19 Impact Analysis
    Report code - SRAM490 Delivery - 2 Weeks
    Metal Injection Molding Market Size, Share, Trend, Forecast, & Industry Analysis &ndas See more...
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    Impact of COVID-19 on Metal Injection Molding Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Metal Injection Molding Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Metal Injection Molding Market Insights

    Metal Injection Molding Market is likely to witness an impressive CAGR of 12.0% during the forecast period.  The major factors such as growing product demand from the automotive industry, rapid growth in the consumer electronics sector, investments made by the government on arms & ammunition in the U.S., and the significant production backlogs of commercial aircraft along with increase in air traffic is expected to fuel the growth of the market during the forecast period.

    Metal Injection Molding Market – Snapshot

    Growth

    12.0% for the next five years

    Major Material Type

    Stainless Steel

    Dominant Industry Type

    Automotive  

    Region with the highest demand

    Asia-Pacific

    Key Players

    Akron Porcelain & Plastics Co., ARC Group Worldwide, ASH Industries, CMG Technologies, CN Innovations Holdings Ltd., Form Technologies Company, Kinetics Climax Inc., Nippon Piston Ring Co Ltd., P.S.M. Industries, and Smiths Metal Centres Ltd.

     

    Market Share Analysis

    Metal-Injection-Molding-Market-Dominant-Segments

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    Metal Injection Molding Market Share: Material Type

    Based on the material type, the market is segmented as stainless steel, low alloy steel, and soft magnetic materials. Stainless steel is estimated to account for the largest share of the market during the forecast period, the growth is attributed to its better mechanical and corrosion resistance properties on comparison with other materials. It is also used in industries such as automotive for the production of transmission & engine components, and in industrial goods industry for the production of different power and hand tools, eventually boosting the product demand in the metal injection molding market during the forecast period.

    Metal Injection Molding Market Share: End-User Industry Type

    Based on the end-user industry type, the market is segmented as automotive, consumer goods, electronics, medical, firearms, and aerospace. Automotive industry is estimated to be the major end-user industry of the metal injection molding parts industry. The growth is attributed to the high complexity and high strength of these parts which are preferred to be used in engines, gearboxes, turbochargers, etc. On the other hand, firearms industry is also one of the major sectors of the metal injection molding market as many of the firearm manufacturers use MIM technology for highly automated process, resulting in saving both time and labor cost for production, eventually boosting the growth of the market during the forecast period.

    Metal Injection Molding Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the major region in the market and the growth is attributed to the presence of several emerging economies such China and India in the region and increase in demand from various end-user industries during the forecast period. China holds around 40% share of the total metal injection molding parts demand led by a healthy growth in electronics industry in the regional market and has the world’s largest production base for electronic products contributing around 30% share of the total ICT product exports, globally. Further, other countries such as Singapore, South Korea, and Taiwan also contribute for a major share in both of the regional and global electronics industries, fueling the growth of the market over the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Metal-Injection-Molding-Market-By-Region

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    Some of the key players in the metal injection molding market are-

    • Akron Porcelain & Plastics Co.
    • ARC Group Worldwide
    • ASH Industries
    • CMG Technologies
    • CN Innovations Holdings Ltd.
    • Form Technologies Company
    • Kinetics Climax Inc.
    • Nippon Piston Ring Co Ltd.
    • P.S.M. Industries
    • Smiths Metal Centres Ltd.

     

    Market Scope & Segmentation

    Metal injection molding is a metal processing technique in which finely-powdered metal is mixed with binder to make a feedstock, after which that feedstock is solidified and given shape using injection molding. The process is usually considered for complex parts, so as to give them shape in an easy and single step, and it is also cost-effective as it eliminates the use of extensive machines for production.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Metal Injection Molding Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The metal injection molding market is segmented into the following categories.

    Metal Injection Molding Market Size, Share, & Forecast, by Material Type:

    • Stainless Steel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Low Alloy Steel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Soft Magnetic Materials (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Metal Injection Molding Market Size, Share, & Forecast, by End-User Industry Type:

    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Consumer Goods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Medical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Firearms (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aerospace (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Metal Injection Molding Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Metal-Injection-Molding-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of material types by end-user industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Metal Injection Molding Market in the foreseeable future?

    Metal injection molding market is expected to witness an impressive growth of 12.0% CAGR in the foreseeable future.

    Who are the key players in the Metal Injection Molding Market?

    Akron Porcelain & Plastics Co., ARC Group Worldwide, ASH Industries, CMG Technologies, CN Innovations Holdings Ltd., Form Technologies Company, Kinetics Climax Inc., Nippon Piston Ring Co Ltd., P.S.M. Industries, and Smiths Metal Centres Ltd are among the key players in the Metal Injection Molding Market.

    Which Country/region is expected to be the major Metal Injection Molding Market?

    Asia-pacific is expected to be the major metal injection molding market during the next five years.

    Which material type is expected to account for the largest share of the Metal Injection Molding Market?

    Stainless steel is expected to account for the largest share of the metal injection molding market during the forecast period.

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