Report ID: UCMIG15M2008
Report ID:
UCMIG15M2008 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2015, the global metal injection molding market was valued at approximately USD 2.1 billion, indicating a substantial demand for this advanced manufacturing technology. The market was projected to witness a compound annual growth rate (CAGR) of 11.9% from 2016 to 2025. This growth can be attributed to factors such as increasing adoption of metal injection molding in various industries, including automotive, healthcare, electronics, and consumer goods, due to its advantages in producing complex and high-precision metal components. The market expansion reflected the growing need for efficient and cost-effective manufacturing solutions, as well as the continuous advancements in material science and process technology within the metal injection molding industry.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Precious Metals & Minerals by segment aggregation, the contribution of the Precious Metals & Minerals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG15M2008