Global Powder Metallurgy Components Market Research Report 2023(Status and Outlook)
Report Overview
Powder metallurgy components are parts made from powdered metal via powder metallurgy (PM). Powder metallurgy refers to processes by which materials or components are made from metal powders.
Global Powder Metallurgy Components key players include GKN, Sumitomo Electric Industries, Hitachi Chemical, Fine Sinter, Miba AG, etc. Global top five manufacturers hold a share about 30%.
Asia-Pacific is the largest market, with a share about 50%, followed by North America and Europe, both have a share over 40 percent.
In terms of product, Ferrous is the largest segment, with a share over 70%. And in terms of application, the largest application is Automotive, followed by Industrial.
The Global Powder Metallurgy Components Market Size was estimated at USD 11730.00 million in 2022 and is projected to reach USD 15540.08 million by 2029, exhibiting a CAGR of 4.10% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Powder Metallurgy Components market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Powder Metallurgy Components Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Powder Metallurgy Components market in any manner.
Global Powder Metallurgy Components Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
GKN
Sumitomo Electric Industries
Hitachi Chemical
Fine Sinter
Miba AG
Porite
PMG Holding
AAM
Hoganas AB
AMETEK Specialty Metal Products
Allegheny Technologies Incorporated
Burgess-Norton
Carpenter Technology
Diamet
Dongmu
Shanghai Automotive Powder Metallurgy
Weida
Market Segmentation (by Type)
Ferrous Metals
Non-ferrous Metals
Market Segmentation (by Application)
Defense
Intelligence
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Powder Metallurgy Components Market
Overview of the regional outlook of the Powder Metallurgy Components Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors