Press release
Metal Injection Molding (MIM) Market Size, Share, Revenue, Worth, Statistics, Segmentation, Outlook, Overview 2030
Metal Injection Molding (MIM) Market was valued at USD 4.93 Bn in 2023 and is expected to reach USD 10.83 Bn by 2030, at a CAGR of 11.9 percent during the forecast period.Metal Injection Molding (MIM) Market Report Scope and Research Methodology
The comprehensive analysis report offers valuable insights into the dynamics, trends, and future prospects of the Metal Injection Molding (MIM) industry during the forecast period. It covers key market drivers, challenges, and recent developments, along with demand trends, growth stimulators, spending patterns, and modernization trends across different regions.
The research is based on extensive research and analysis, incorporating inputs from industry experts, government agencies, and market participants, providing a reliable and accurate assessment of the market dynamics and future trends.
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What are Metal Injection Molding (MIM) Market Dynamics?
Governments worldwide are allocating increased funds to their defense budgets, leading to a surge in demand for Metal Injection Molding (MIM). As the nature of warfare evolves, there is a growing need for advanced and refined Metal Injection Molding (MIM) to counter emerging threats. Technological advancements and innovations are enabling the development of cutting-edge Metal Injection Molding (MIM) with enhanced capabilities.
Metal Injection Molding (MIM) Market Segmentation?
By Material Type
Stainless Steel
Low Alloy Steel
Soft Magnetic Material
Others (Tool Steel, Titanium, Tungsten)
The market is divided into four segments based on the kind of material: stainless steel, low alloy steel, soft magnetic material, and others (such as titanium, tungsten, and tool steel). The market was led by the stainless steel sector in 2023, and during the course of the forecast period, it is anticipated to hold the greatest share of the metal injection molding (MIM) market. MIM uses stainless steel because of its superior resistance to corrosion. Because of this, it is appropriate for use in sectors like consumer electronics, automotive, medical, and aerospace where exposure to a variety of environmental conditions is frequent. Stainless steel is renowned for having exceptional strength and endurance.
By End-Use Industry
Electrical & Electronics
Automotive
Medical & Orthodontics
Consumer Products
Industrial
Firearms & Defense
Others
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Who are Metal Injection Molding (MIM) Market Key Players?
North America:
1. Dynacast International (United States)
2. ARC Group Worldwide (United States)
3. Phillips-Medisize Corporation (United States)
4. Smith Metal Products (United States)
5. FloMet LLC (United States)
6. Parmatech Corporation (United States)
7. NetShape Technologies (United States)
8. Form Technologies (United States)
9. CMG Technologies (United States)
10. Kinetics (United States)
11. Flomet, LLC (United States)
12. Precision Engineered Products (PEP) (United States)
13. MICRO (US)
14. Advanced Powder Products, Inc. (Philipsburg, Pennsylvania, US)
15. HIPERBARIC (Miami, Florida)
16. MPP (Noblesville, IN, US)
Asia Pacific:
1. Indo-MIM (India)
2. MIM Tech (Taiwan)
3. Micro Metal Powder (MMP) (Japan)
4. Amphenol East Asia Limited (Hong Kong)
5. Indo-US MIM Tec Pvt. Ltd. (India)
6. Dou Yee Technologies (Singapore)
7. Sints Precision Technology Co., Ltd. (China)
Europe:
1. Dean Group International (United Kingdom)
2. Future MIM (United Kingdom)
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Table of content for the Metal Injection Molding (MIM) Market includes:
Part 01: Executive Summary
Part 02: Scope of the Metal Injection Molding (MIM) Market Report
Part 03: Global Metal Injection Molding (MIM) Market Landscape
Part 04: Global Metal Injection Molding (MIM) Market Sizing
Part 05: Global Metal Injection Molding (MIM) Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Insights:
The global Metal Injection Molding (MIM) market encompasses regions like North America, Asia Pacific, Europe, Middle East and Africa, and South America. Each region plays a significant role in shaping the market. For instance, the North America Military Land Vehicle Market is experiencing a rise in demand for electric vehicles, driven by the adoption of electric and zero-emission vehicles for the non-tactical fleet of the U.S. military. The Asia Pacific region, on the other hand, is witnessing strong investments in Metal Injection Molding (MIM) to bolster military capabilities.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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