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Predicted Growth and Trends in Metal Injection Molding Market: A Comprehensive Global Report 2025
Metal Injection Molding Market Size
What Is The Projected Market Size Of The Global Metal Injection Molding Global Market Report 2025 And Its Growth Rate?
The global metal injection molding market has showcased significant growth recently and is expected to continue this trend:
• Growing from $4.35 billion in 2024 to $4.78 billion in 2025 with a CAGR of 9.9%.
• This growth is primarily due to advancements in powder metallurgy, rising demand from automotive and energy sectors, and increasing trend towards additive manufacturing and consumer goods manufacturing.
• The market size is projected to reach $6.98 billion by 2029 with the same CAGR of 9.9%, propelled by advancements in alloy development, sustainable practices, R&D investments, rising demand for lightweight materials, and global infrastructure development.
What Is Driving The Growth In The Metal Injection Molding Global Market Report 2025?
The surge in demand from the automotive industry significantly contributes to the growth of the metal injection molding market. The automotive industry has widely adopted metal injection molded parts for numerous applications including engines, gearboxes, turbochargers, locking mechanisms, steering, and electrical systems due to their high-strength and complexity. The increasing production share of electric vehicles (EVs), plug-in hybrid vehicles (PHEVs), and fuel cell electric vehicles (FCVs) highlights the growing need for these components. As per the data from the U.S. Environmental Protection Agency, the combined production share of EVs, PHEVs, and FCVs grew from 4% in 2021 to 7% in 2022, with a further projection of 12% by 2023 indicating the automotive industry's role in expanding the metal injection molding market.
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Who Are the Key Players Driving Metal Injection Molding Global Market Report 2025 Growth?
• 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 Manufacturing Private Limited
• PSM Industries Inc.
• Advanced Powder Products Inc.
• Alpha Precision Group
• Epson Atmix Corporation
• Hitachi Metals Ltd.
• Shanghai FUTURE HIGH-TECH Co. Ltd.
• Advanced Forming Technology
• Ametek Specialty Metal Products
• Parmatech Corporation
• WTM SOLUTIONS
• MOKO Technology
• Kinetics climax* Inc.
• Phillips-Medisize LLC
• FloMet LLC
• Advanced Technology & Materials Co. Ltd.
• Nbtm New Materials Group
• Jiangsu Gian Technology Co. Ltd.
• Shenzhen Zhucheng Science & Technology Co. Ltd.
• MDM Metal Industrial Co. Ltd.
What Are The Key Trends In The Metal Injection Molding Global Market Report 2025?
Key trends in the global metal injection molding market include:
• Advancements in alloy development.
• Adoption of sustainable practices.
• Increased investment in research and development.
• Rising demand for lightweight materials.
• Global infrastructure development.
• Increasing adoption of additive manufacturing.
• Advanced powder metallurgy techniques.
• Wider use of range of metal powder alloys.
• Digitalization and integration of industry 4.0.
What Are The Segments Of The Global Metal Injection Molding Global Market Report 2025?
The metal injection molding market is categorized into the following segments:
• By Material: Stainless Steel, Low Alloy Steel, Soft Magnetic Material, Other Materials.
• By Machine Type: Hydraulic, Electric, Hybrid.
• By End-user: Electrical And Electronics, Automotive, Consumer, Industrial, Other End-Users.
Which Region Leads The Metal Injection Molding Global Market Report 2025?
Asia-Pacific was the largest region in the metal injection molding market in 2024, with regions such as Western Europe, Eastern Europe, North America, South America, Middle East, and Africa also contributing to the global landscape.
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What Is Covered In The Metal Injection Molding Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Metal Injection Molding Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Metal Injection Molding Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Metal Injection Molding Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Metal Injection Molding Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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