Global Metal Injection Molding Market to reach USD XXX billion by 2025.
Global Metal Injection Molding Market valued approximately USD XXX billion in 2016 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2017-2025.
The metal injection molding market has been segmented on the basis of material type, end-use industry, and region. On the basis of material type, the market has been segmented into stainless steel, low alloy steel, soft magnetic material, and others (tungsten, tool steel, titanium). The stainless steel segment is estimated to be the fastest-growing material type segment of the metal injection molding market on account of the wide application of stainless steel in various end-use industries. Stainless steel is consumed widely owing to its relatively lower price as compared to other material types. This factor is expected to drive the demand for stainless steel during the forecast period.
On the basis of end-use industry, the metal injection molding market is segmented into electrical & electronics, automotive, industrial, consumer products, medical & orthodontics, and firearms & defense. The electrical & electronics segment is projected to grow at the highest CAGR between 2017 and 2025. This projected high growth is due to the rising demand for miniaturization of electronic devices, which has resulted in the increasing demand for small and complex metal injection molded parts with better performance at a relatively lower cost.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type:
> Stainless Steel
> Low Alloy Steel
> Soft Magnetic Material
By End Use Industry:
> Medical & Orthodontics
> Electrical & Electronics
> Automotive
> Industrial
> Consumer Products
> Firearm & Defense
By Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2015, 2016
Base year - 2017
Forecast period - 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Rockleigh Industries, Tanfel Inc,, Ernst Reiner GmbH & Co. Kg, Amphenol Corporation, CN Innovations., Taiwan Powder Technology, Jiangsu Gian Mim Parts, Parmaco Metal Injection Molding AG, Dou Yee Technologies Pte Ltd., Parmatech Corporation and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Metal Injection Molding Market in Market Study:
> Key Consulting Companies & Advisors
> Large, medium-sized, and small enterprises
> Venture capitalists
> Value-Added Resellers (VARs)
> Third-party knowledge providers
> Investment bankers
> Investors