The report "Metal Injection Molding Market by Material Type (Stainless Steel, Low Alloy Steel, Soft Magnetic Material) End-use Industry (Electrical & Electronics, Automotive, Consumer, Industrial, Medical & Orthodontics, Firearms & Defense) - Global Forecast to 2022", The metal injection molding market is projected to grow from USD 2.58 Billion in 2017 to USD 3.77 Billion by Upcoming years, at a CAGR of 7.83%. The growth of this market is attributed to the increasing demand for metal injection molded parts from electrical & electronics, automotive, medical & orthodontics, industrial, and firearms & defense end-use industries.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=27071745                          

The stainless steel segment is projected to grow at the highest CAGR during the forecast period

Based on material type, the stainless steel segment of the metal injection molding market is projected to grow at the highest CAGR from 2017 to 2022. There is an increasing demand for stainless steel owing to its ability to provide high strength and hardness with moderate corrosion resistance. Stainless steel is widely consumed as a metal injection molding material, resulting in its relatively lower price as compared to other material types. This lowering of cost is expected to further drive the demand for stainless steel during the forecast period.

The electrical & electronics segment accounted for the largest share of the metal injection molding market

Based on end-use industry, the electrical & electronics segment accounted for the largest share of the metal injection molding market in 2016 due to the rising demand for small, precision, and high-volume components. The miniaturization of electronic devices has resulted in an increased demand for smaller parts with better performance at a relatively lower cost, which, in turn, is expected to drive the demand for metal injection molded parts in the electrical & electronics industry.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=27071745

Asia Pacific is projected to be the fastest-growing market for metal injection molding

Based on region, the metal injection molding market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Asia Pacific is estimated to be the fastest-growing market for metal injection molding during the forecast period. The growth of the Asia Pacific metal injection molding market is primarily driven by the increased demand from end-use industries, such as electrical & electronics, automotive, medical & orthodontics, firearms & defense, industrial, and consumer products.

Metal Injection Molding Market Key Players

Key players operating in the metal injection molding market include Indo-MIM (India), Dynacast International (US), ARC Group Worldwide (US), Phillips-Medisize (US), Smith Metal Products (US), NetShape Technologies (US), Dean Group International (US), and CMG Technologies (UK).

Indo-MIM, a leading manufacturer of metal injection molded parts, adopted the new product launch strategy to expand its product portfolio and business globally. In March 2016, it manufactured modern sensors for one of the world’s leading sensor manufacturers. The metal injection molded parts produced help enhance the fuel economy of cars. This new product launch helped the company gain higher competitiveness in the market. In February 2016, the company created an assembly of five different metal injection molded parts and machined components on a mechanical assembly line. This helped the company cater to the specific needs of its end customers.

Request for New Version: https://www.marketsandmarkets.com/RequestNewVersion.asp?id=27071745

Table of Contents

1 Introduction (Page No. - 13)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Assumptions

3 Executive Summary (Page No. - 24)

4 Premium Insights (Page No. - 28)
    4.1 Attractive Market Opportunities in Metal Injection Molding
    4.2 Market of Metal Injection Molding, By Region
    4.3 APAC Market of Metal Injection Molding, By Country and End-Use Industry
    4.4 Market of Metal Injection Molding, By Region and End-Use Industry
    4.5 Metal Injection Molding Market Attractiveness

5 Market Overview (Page No. - 32)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Technological Advancements
                    5.2.1.2 Growing Demand From the Healthcare Industry
           5.2.2 Restraints
                    5.2.2.1 Expensive for Small Production Capacities
           5.2.3 Opportunities
                    5.2.3.1 Newer Applications in Firearms & Defense Industry of North America
                    5.2.3.2 Growing Automotive Industry in APAC
    5.3 Porter’s Five Forces Analysis
           5.3.1 Threat of Substitutes
           5.3.2 Bargaining Power of Suppliers
           5.3.3 Bargaining Power of Buyers
           5.3.4 Threat of New Entrants
           5.3.5 Intensity of Competitive Rivalry
    5.4 Macroeconomic Indicators
           5.4.1 GDP Forecast of Major Economies
           5.4.2 Trends and Forecast of Automotive
           5.4.3 Military & Defense Industry

Continued...