Metal Injection Molding (MIM) Market is expected to reach US$ 9.69 Bn. by 2029, at a CAGR of 11.9% during the forecast period.
Metal Injection Molding (MIM) Market Overview
The new informative report published by Global market intelligence firm the Maximise Market Research indicates the lucrative growth in the Metal Injection Molding (MIM) Market in the forecasted period through 2029. MMR has served 34 countries with 600 clients efficiently across the globe since 2017.
Due to fewer finishing steps, minimal material waste, and increased production of components with superior qualities, metal injection moulding is widely used by manufacturers. When compared to other conventional methods, it is a relatively more cost-effective technology, and the parts and castings produced using this process have better mechanical qualities.
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Market Scope
The report indicates the deep evaluation of the Metal Injection Molding (MIM) Market and its different market segmentation. The research for the report also includes the regional analysis of market dynamics, which assists readers in comparing past trends to current market scenarios and the contributions of key players. Use of different methodologies are undertaken to analyse the market such as SWOT, PESTLE and PORTER’s five forces for studying the strengths and weakness and new upcoming opportunities and challenges to market.
Metal Injection Molding (MIM) Market Segmentation
Based on material, the metal injection moulding (MIM) market has been divided into stainless steel, low alloy steel, soft magnetic material, and others. During the anticipated period, the stainless steel segment is anticipated to account for one of the largest market shares for metal injection moulding. One of the factors boosting demand for stainless steel is its widespread use in a variety of end-use industries due to its relatively lower price compared to other material types.
The market has been divided into sections for electrical & electronics, automotive, industrial, consumer products, medical & orthodontics, and firearms & defence based on end-use industry. The electrical and electronics segment is anticipated to be one of the key drivers of market expansion. This is a result of the rise in popularity of compact electronic devices.
Key Players
• Indo-MIM
• ARC Group Worldwide
• Dynacast International
• Phillips-Medisize
• NetShape Technologies
• Smith Metal Products
• Dean Group International
• CMG Technologies
• Sintex A/S
• Future High-Tech
• Parmatech Corporation
• Parmaco Metal Injection Molding
• Tanfel Metal
• Husky Injection Molding Systems Ltd.
• Reaux Medical Molding.
• Injectamax International, LLC.
• Fours Industriels B.M.I
• Optimum
• Akron Porcelain & Plastics Co.
• CN Innovations Holdings Ltd.
• Form Technologies Company
• Advanced Materials Technologies Pte. Ltd.
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Regional Analysis
The report gives the detailed regional analysis to its readers which is divided into specific Metal Injection Molding (MIM) Market regions. The research evaluates the regional and local market segments to understand the consumer and demands behaviour to get know about the target audience. The region portion of the research also provides key market influencing aspects and changes in market regulations. This report can help one to understand the regional as well as global Metal Injection Molding (MIM) Market and to make competitive and profitable strategies which appropriately applicable according to specific countries and regions in the market.
Key Questions answered in the Metal Injection Molding (MIM) Market Report are:
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Metal Injection Molding (MIM) Market Segment , Metal Injection Molding (MIM) Market Dynamics , Metal Injection Molding (MIM) Market Growth
Mar 16, 2023