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Global MIM (Metal Injection Molding) Furnace Market is Projected to Reach USD 17.53 million USD by 2022

Author: QYResearch | Publish date: 2018-05-30 | Views: 13
The MIM (Metal Injection Molding) Furnace industry was 18.21 million USD in 2016 and is projected to reach USD 17.53 million USD by 2022, at a CAGR (Compounded Annual Growth Rate) of -1.26% between 2016 and 2022. The market is driven by various end-user industries, such as Automobile, Mechanical, and Consumer Electronics.


The industry is concentration, the key brand include Cremer, CARBOLITE GERO, ECM GROUP, Nabertherm, Seco/Warwick, BMI Fours Industriels, TAV, The Furnace Source, PVA and so on. Among them, Cremer and CARBOLITE GERO are the leaders.


The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.


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%.


We tend to believe this industry is a promising industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the MIM (Metal Injection Molding) Furnace industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


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