MIM (Metal Injection Molding) Furnace Market Size, Development, Key Opportunity, Application & Forecast to 2024
Date: 2019-02-19   Author: Partha Ray  Category: #industry

MIM (Metal Injection Molding) Furnace Market Size, Development, Key Opportunity, Application & Forecast to 2024

Global MIM (Metal Injection Molding) Furnace Market Report offered by Market Study Report gives a market overview of the MIM (Metal Injection Molding) Furnace industry which covers product scope, market revenue, opportunities, growth rate, sales volumes and figures. The report also explores the worldwide players of the market and is segmented by region, type and application with forecast to 2024.

The research study on the overall MIM (Metal Injection Molding) Furnace market claims that the industry is anticipated to amass lucrative valuation by the end of the projected duration. The study enumerates that this business vertical will also record a very commendable growth rate over the estimated timeframe and provides a pivotal overview of this space. Including significant information subject to the remuneration currently held by this industry, the MIM (Metal Injection Molding) Furnace market report also enlists meticulously, the segmentation of the MIM (Metal Injection Molding) Furnace market and the numerous growth opportunities prevalent across this vertical.

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According to this study, over the next five years the MIM (Metal Injection Molding) Furnace market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 42 million by 2024, from US$ 34 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in MIM (Metal Injection Molding) Furnace business.

MIM (metal injection molding) is a metalworking process by which finely-powdered metal is mixed with a measured amount of binder material to comprise a "feedstock" capable of being handled by plastic processing equipment through a process known as injection molding. Sintering is the process of compacting and forming a solid mass of material by heat or pressure without melting it to the point of liquefaction.

Currently, some companies in the world can produce MIM (Metal Injection Molding) Furnace. The main market players are Cremer, CARBOLITE GERO, ECM GROUP, Nabertherm, Seco/Warwick, BMI Fours Industriels, TAV, The Furnace Source, PVA, Ipsen,, TISOMA, Shimadzu, CM Furnaces, etc. The production of MIM (Metal Injection Molding) Furnace increased from 182 units in 2011 to 227 units in 2016, with an average growth rate of 4%. In consumption market, the growth rate of global consumption is smooth relatively. China is still the mainly consumption region due to the advanced production technology and rapid development of economy. China is the largest consumption region and the share reached 40.09% in 2016. The shares of North America, Europe, Japan, were 19.82%, 24.67%, 9.25%

Enumerating a rough coverage of the MIM (Metal Injection Molding) Furnace market report:

What parameters are encompassed in the report with respect to the geographical scope of MIM (Metal Injection Molding) Furnace market?

  • With respect to the regional spectrum, the MIM (Metal Injection Molding) Furnace market is segregated into USA, Europe, Japan, China, India, South East Asia.
  • The report is inclusive of details about the product consumption patterns across the many geographies, in conjunction with the valuation that each of these zones account for in the industry, as well as the market share which every geography holds.
  • The report enumerates details about the consumption market share across the geographies and the product consumption growth rate as well.
  • The geographical consumption rate with respect to the product types and the applications segments is also provided.

How effectively is the MIM (Metal Injection Molding) Furnace market segmented?

  • The MIM (Metal Injection Molding) Furnace market, with regards to the product type, is categorized into
    • Batch Furnaces
    • Continuous Furnaces
    . The report is comprised of information about the market share which each product holds as well as the projected remuneration of the each segment.
  • The research report is also inclusive of details with regards to the consumption (value and growth rate) of each product and the sales price as well.
  • In terms of the application spectrum, the overall MIM (Metal Injection Molding) Furnace market is segregated into
    • Automobile
    • Mechanical
    • Consumer Electronics
    • Other
    . The market share that every application segment holds along with the projected value that each application is likely to account for have also been incorporated in the study.

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What are the challenges and drivers of the MIM (Metal Injection Molding) Furnace market?

  • The report elucidates information about the driving forces influencing the commercialization portfolio of the MIM (Metal Injection Molding) Furnace market and their impact on the revenue graph of this business sphere.
  • The study is inclusive of the latest trends characterizing the MIM (Metal Injection Molding) Furnace market in consort with the challenges that this industry will present in the future.

An evaluation of the significant contenders in the MIM (Metal Injection Molding) Furnace market:

  • The report mentions a brief overview of the manufacturer base of this industry, that is comprised of companies such as
    • Cremer
    • CARBOLITE GERO
    • ECM GROUP
    • Nabertherm
    • Seco/Warwick
    • BMI Fours Industriels
    • TAV
    • The Furnace Source
    • PVA
    • Ipsen
    • TISOMA
    • Shimadzu
    • CM Furnaces
    • Elnik Systems
    • LLC.
    • Materials Research Furnaces
    • AVS
    • Inc
    • Ningbo Hiper Vacuum Technology Co.
    • Ltd
    • Sinterzone
    • ACME
    • LINGQI
    • Haoyue
    • Jutatech
    • Meige
    , alongside the parameters like sales area and distribution.
  • The details subject to every vendor – viz., company profile, an overview, and the developed products have been enumerated as well.
  • The report concentrates on the price patterns, revenue procured, gross margins, as well as the product sales.

The MIM (Metal Injection Molding) Furnace market report also encompasses other aspects such as market concentration ratio, explained with reference to numerous concentration classes – CR5, CR3, etc., over the projected timeline.

For More Details On this Report: https://www.marketstudyreport.com/reports/global-mim-metal-injection-molding-furnace-market-growth-2019-2024

Read More Reports On: https://www.marketwatch.com/press-release/at-931-cagr-automotive-oled-lighting-market-size-will-reach-us-21-million-by-2024-2019-02-19

 

 

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About Author


Partha Ray

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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