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Powder Metallurgy for Electric Vehicles market was valued at US$ 235.3 million in 2022 and is anticipated to reach US$ 3585 million by 2029, witnessing a CAGR of 47.0% - Valuates Reports
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Powder metallurgy components are parts made from powdered metal via powder metallurgy (PM). Powder metallurgy refers to processes by which materials or components are made from metal powders. It is wide applied in electric vehicles.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The main manufacturers of powder metallurgy components for Electric Vehicles include GKN, Sumitomo Electric Industries, etc. These top 5 manufacturers hold a market share about 40%. Asia Pacific is the largest market, with a share about 52%, followed by Europe and North America with the share about 34% and 13%.
This report aims to provide a comprehensive presentation of the global market for Powder Metallurgy for Electric Vehicles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Powder Metallurgy for Electric Vehicles.
The Powder Metallurgy for Electric Vehicles market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Powder Metallurgy for Electric Vehicles market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Powder Metallurgy for Electric Vehicles manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Segment by Type
Ferrous Metals
Non-ferrous Metals
Segment by Application
Transmission
Engine
Chassis System
Others
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