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Metal Injection Molding Market Analysis 2023: Segmented By Key Players, Countries, Type, Application And Forecast To 2032
Metal Injection Molding Market
The Business Research Company's Metal Injection Molding Global Market Report 2023 identifies Rising demand from the automotive industry as the major driver for the Metal Injection Molding market's growth in the forecast period. An automotive industry refers to an industry that comprises businesses involved in the manufacture, distribution, retail, and upkeep of automobiles. Metal injection molded parts are now largely used by the automotive industry for engines, gearboxes, turbochargers, locking mechanisms, steering systems, and electrical systems. These are employed to produce high-strength, high-complexity parts
The global metal injection molding market size is expected to grow from $3.59 billion in 2022 to $3.97 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global metal injection molding market size is expected to reach $5.75 billion in 2027 at a CAGR of 9.7%.
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Major competitors in the Metal Injection Molding market are Molex LLC, Indo-Mim Private Limited, CMG Technologies Ltd., GKN Ltd., Smith Metal Products, ASH Industries Inc., Rockleigh Industries Inc., Schunk Sintermetalltechnik GmbH, Sandvik AB, Tekna, PSM Industries Inc., Advanced Powder Products Inc., Alpha Precision Group, Epson Atmix Corporation, Hitachi Metals Ltd., and Parmaco Metal Injection Molding AG
A key trend in the Metal Injection Molding market includes Product innovations. Major companies operating in the metal injection molding market are adopting new technologies to sustain their position in the market.
Read More On The Global Metal Injection Molding Market Report Here:
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The Metal Injection Molding market is segmented -
1) By Material: Stainless Steel, Low Alloy Steel, Soft Magnetic Material, Other Materials
2) By Machine Type: Hydraulic, Electric, Hybrid
3) By End-user: Electrical And Electronics, Automotive, Consumer, Industrial, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Metal Injection Molding market.
The Business Research Company's "Global Metal Injection Molding Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Metal Injection Molding Market Include:
1. Executive Summary
2. Metal Injection Molding Market Characteristics
3. Metal Injection Molding Market Trends And Strategies
4. Metal Injection Molding Market - Macro Economic Scenario
5. Metal Injection Molding Market Size And Growth
.......
26. Africa Metal Injection Molding Market
27. Metal Injection Molding Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Metal Injection Molding Market
29. Metal Injection Molding Market Future Outlook and Potential Analysis
30. Appendix
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