Metal Injection Molding (MIM) Market –Will Grow At Excellent CAGR of 12.00%, Industry Trends, Opportunity Analysis, Market Competition, Market Analysis Insight

Global Metal Injection Molding (MIM)market was valued at USD 3.96 billion in 2021 and is expected to reach USD 9.80 billion by 2029, registering a CAGR of 12.00% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Market Definition

Metal Injection molding, also known as MIM technology, is a metalworking manufacturing technology. It is a process that is done by mixing the binder material to create a feedstock which is used to produce the final product. It can eliminate several product finishing steps and make it possible to produce different parts of complex shapes with high precision at minimal costs. It is used in various applications such as electronics, power tools and others.

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Recent Developments

·         In 2021, metal powder products announced that it had completed the acquisition of Proform Powdered Metals, based in U.S. It is a leading provider of high-quality sintered bronze bearings and spacers.

Global Metal Injection Molding (MIM) Market Scope

The metal injection molding (MIM) market is segmented on the basis of material and end users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material

·         Stainless Steel

·         Low Alloy Steel

·         Carbon Steel

·         Soft Magnetic Alloy

·         Cobalt Alloy

·         Tool Steel

·         Tungsten Steel

·         Titanium

·         Controlled Expansion Alloys

·         High-Temperature Alloys

·         Carbonyl Iron Powder

·         Others

End Users

·         Electrical & Electronics

·         Fiber Optic Connectors

·         Filter Components

·         Heat Sinks

·         Micro-Switches

·         Connectors

·         Others

·         Automotive

·         Electrical Systems

·         Fuel System

·         Interiors

·         Powertrain

·         Safety System

·         Others

·         Medical

·         Surgical Instruments

·         Orthopedic

·         Implants

·         Others

·         Aerospace

·         Fasteners

·         Screws

·         Seatbelt Components

·         Bushings

·         Rotors

·         Others

·         Firearms & Defense

·         Fire Suppression

·         Cam Block

·         Sensor Housings

·         Others

Metal Injection Molding (MIM) Market Share Analysis

The metal injection molding (MIM) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to metal injection molding (MIM) market.

Some of the major players operating in the metal injection molding (MIM) market are

·         ASH Industries (U.S.)

·         Rockleigh Industries. (U.S.)

·         Molex Group LLC (U.S.)

·         Schunk Sintermetalltechnik GmbH (Germany)

·         Medicines Patent Pool (Switzerland)

·         Sandvik AB (Sweden)

·         TEKNA. (China)

·         PSM Industries, Inc. (U.S.)

·         GKN Powder Metallurgy (India)

·         Advanced Powder Products, Inc. (U.S.)

·         Alpha Precision Group (U.S.)

·         CMG Technologies (U.K.)

·         Epson Atmix Corporation (Japan)

·         Hitachi Metals, Ltd. (Japan)

·         Smith Metal Products. (U.S.)

·         Parmaco Metal Injection Molding AG (Switzerland)

·         INDO-MIM (India)

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Metal Injection Molding (MIM) Market Regional Analysis/Insights

The metal injection molding (MIM) market is analyzed and market size insights and trends are provided by material and end users as referenced above.

The countries covered in the metal injection molding (MIM) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the increasing population and rising industrialization.

North America on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the rapid economic development and rising demands from various end user industries in the region.

Key questions answered in the report:

·         What will the market development pace of Metal Injection Molding (MIM)market?

·         What are the key factors driving the Global Metal Injection Molding (MIM)market?

·         Who are the key manufacturers in market space?

·         What are the market openings, market hazard and market outline of the market?

·         What are sales, revenue, and price analysis of top manufacturers of Metal Injection Molding (MIM)market?

·         Who are the distributors, traders, and dealers of Metal Injection Molding (MIM)market?

·         What are the Metal Injection Molding (MIM)market opportunities and threats faced by the vendors in the Global Metal Injection Molding (MIM)industries?

·         What are deals, income, and value examination by types and utilizations of the market?

·         What are deals, income, and value examination by areas of enterprises?

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About Data Bridge Market Research (DBMR):

Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.


Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. “Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.”

 

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