Global Metal Injection Molding Market 2018-2022: Newer Applications in Firearms & Defense Industry of North America
DUBLIN, Feb. 19, 2018 /PRNewswire/ --
The "Metal Injection Molding Market by Material Type, End-use Industry - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The metal injection molding market is projected to grow from 2.58 Billion in 2017 to USD 3.77 Billion by 2022, at a CAGR of 7.83% from 2017 to 2022.
The growth of this market can be attributed to the increasing demand for small and complex metal injection molded parts from end-use industries, such as electrical & electronics, automotive, medical & orthodontics, industrial, consumer products, and firearms & defense.
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.
The growing automotive industry in APAC and rising demand for miniaturization of consumer electronics are increasing the demand for small and complex metal injection molded parts. However, a major factor restraining the growth of the metal injection molding market is the high cost of the metal injection molding process for small production capacities.
New product launches and expansions were the major developmental strategies adopted by key players operating in the metal injection molding market between 2013 and August 2017. Companies such as Indo-MIM (India), Dynacast International (US), ARC Group Worldwide (US), Smith Metal Products (US), and NetShape Technologies (US) adopted these strategies to enhance their product offerings and customer base as well as to gain a competitive edge over their peers in the market. These companies are also focused on investing in research & development activities to introduce new and cost-effective materials to keep up with the changing consumer needs.
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.3 Data Triangulation
2.4 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Metal Injection Molding Market
4.2 Metal Injection Molding Market, By Region
4.3 APAC Metal Injection Molding Market, By Country and End-Use Industry
4.4 Metal Injection Molding Market, By Region and End-Use Industry
4.5 Metal Injection Molding Market Attractiveness
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Technological Advancements
5.2.1.2 Growing Demand From the Healthcare Industry
5.2.2 Restraints
5.2.2.1 Expensive for Small Production Capacities
5.2.3 Opportunities
5.2.3.1 Newer Applications in Firearms & Defense Industry of North America
5.2.3.2 Growing Automotive Industry in APAC
5.3 Porter's Five Forces Analysis
5.4 Macroeconomic Indicators
5.4.1 GDP Forecast of Major Economies
5.4.2 Trends and Forecast of Automotive
5.4.3 Military & Defense Industry
6 Metal Injection Molding Market, By Material Type
6.1 Introduction
6.2 Metal Injection Molding Process
6.2.1 Mixing
6.2.2 Molding
6.2.3 De-Binding
6.2.4 Sintering
6.3 Stainless Steel
6.4 Low Alloy Steel
6.5 Soft Magnetic Material
6.6 Others
7 Metal Injection Molding Market, By End-Use Industry
7.1 Introduction
7.2 Medical & Orthodontics
7.3 Electrical & Electronics
7.4 Automotive
7.5 Industrial
7.6 Consumer Products
7.7 Firearms & Defense
7.8 Others
8 Metal Injection Molding Market, By Region
9 Competitive Landscape
9.1 Introduction
9.2 Market Ranking of Key Players
9.3 Competitive Scenario
9.3.1 Mergers & Acquisitions
9.3.2 Expansions
9.3.3 New Product Launches
10 Company Profiles
10.1 Indo-Mim Pvt Ltd
10.2 Dynacast International Inc.
10.3 ARC Group Worldwide Inc.
10.4 Phillips-Medisize
10.5 Smith Metal Products
10.6 Netshape Technologies Inc.
10.7 Dean Group International
10.8 Sintex A/S
10.9 CMG Technologies
10.10 Future High-Tech Co. Ltd.
10.11 Other Market Players
10.11.1 Parmatech Corporation
10.11.2 Rockleigh Industries
10.11.3 Tanfel Inc.
10.11.4 Ernst Reiner GmbH & Co. Kg
10.11.5 Amphenol Corporation
10.11.6 CN Innovations
10.11.7 Taiwan Powder Technology
10.11.8 Jiangsu Gian Mim Parts
10.11.9 Parmaco Metal Injection Molding AG
10.11.10 Dou Yee Technologies Pte Ltd
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