NORTH AMERICA METAL INJECTION MOLDING MARKET RD
North America Metal Injection Molding Market to 2027 – COVID-19 Impact and Analysis – by Material (Stainless Steel, Low Alloy Steel, Soft Magnetic Material, and Others) and Industry Vertical (Automotive, Electrical and Electronics, Consumer Goods, Firearms and Defense, Medical and Orthodontics, and Others)
Pages: 102
Market Introduction
Metal injection molding is a flexible, cost effective process and innovative process that provides versatility to the product designers and production engineers while using metal alloys. Metal act as a good substitute for plastic and ceramics components that are incapable of performing as per the requirement. The metal injection molding focusses on quality, precision and is a process which is closely monitored to meet the requirements. When a metal alloy is chosen for a specific application, the geometry of the component gets limited by the cost of shaping operations. The metal injection molding helps in overcoming this issue with the formation of the net shape parts in the tool. The metal injection molding offer benefits like resistance to wear & corrosion, thermal stability, high mechanical strength, and dimensional stability.
Market Overview and Dynamics
The North America Metal Injection Molding market is expected to reach US$ 1,239.98 Million in 2027 from US$ 705.39 Million in 2019. The market is anticipated to grow with a CAGR of 7.4% from 2020-2027. Factors such as increased defense spending by various North American countries drive the growth of the market.
Key Market Segments
By material, the stainless steel segment accounted for the largest market share in the North America metal injection molding market in 2019. In terms of industry vertical, the consumer goods segment held the largest market share of the metal injection molding market by 2027.
Major Sources and Companies Listed
Some of the major primary and secondary sources for metal injection molding market included in the report are Arc Group Worldwide, CMG Technologies, Molex, LLC, INDO-MIM, MPP, Smith Metal Products, Shanghai Future Group, Form Technologies
Reasons to buy the report
NORTH AMERICA PIROCTONE OLAMINE MARKET SEGMENTATION
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 705.39 Million |
| Market Size by 2027 | US$ 1,239.98 Million |
| CAGR (2020 - 2027) | 7.4% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Material
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Metal Injection Molding Market is valued at US$ 705.39 Million in 2019, it is projected to reach US$ 1,239.98 Million by 2027.
As per our report North America Metal Injection Molding Market, the market size is valued at US$ 705.39 Million in 2019, projecting it to reach US$ 1,239.98 Million by 2027. This translates to a CAGR of approximately 7.4% during the forecast period.
The North America Metal Injection Molding Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Metal Injection Molding Market report:
The North America Metal Injection Molding Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Metal Injection Molding Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Metal Injection Molding Market value chain can benefit from the information contained in a comprehensive market report.
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