According to a new technical market research report, METAL AND CERAMIC INJECTION
MOLDING (AVM049B)
from BCC Research,
the global market for metal injection molding (MIM) will be worth $984.9 million
in 2009. This should increase to $1.9 billion in 2014, for a compound annual
growth rate (CAGR) of 14.0%.
The
MIM market is broken down into the geographic regions of North America, Asia,
Europe, and the rest of the world. Asia has the largest segment of the market, estimated to be worth
$460.8 million in 2009 and $959.0 million in 2014.
Europe has the next largest MIM market segment, and is expected
to generate $279.7 million in 2009 and $484.0 million in 2014, for a CAGR of
11.6%.
North America has the third largest share of the MIM
market, worth an estimated $231.0 million in 2009 and $424.0 million in 2014,
a CAGR of 12.9%.
The
global ceramic injection molding (CIM) market is expected to be worth $394.5
million in 2009 and $801.0 million in 2014, a CAGR of 15.2%. This market is
also broken down by geographic region, with North America
capturing the largest share of the market. North America is expected to generate $276.5 million in 2009 and $512.6
million in 2014, for a CAGR of 13.1%.
Europe is the next largest CIM segment of the market, worth
an estimated $75.1 million in 2009 and $152.2 million in 2014, a CAGR of 15.2%.
The
third largest market CIM segment is Asia, which is expected
to generate $39.5 million in 2009. This should increase at a CAGR of 24.9% to
reach $120.2 million in 2014.
Table A
global sales of MIM Components (POWDER) by region, through 2014 ($ Millions)
| |
2009 |
2014 |
CAGR% |
| Region |
($ Millions) |
(% Share) |
($ Millions) |
(% Share) |
2009-2014 |
| Asia |
460.8 |
48 |
959.0 |
51 |
15.8 |
| Europe |
279.7 |
28 |
484.0 |
25 |
11.6 |
| North America |
231.0 |
23 |
424.0 |
22 |
12.9 |
| Rest of World* |
13.4 |
1 |
33.0 |
2 |
19.8 |
| Total |
984.9 |
100 |
1900.0 |
100 |
14.0 |
* ROW includes South
America, Australia, non NATO-Europe
(inc. Russia)
Source: BCC Research
Table B
Global sales of CIM Components by region, through 2014 ($ Millions)
| |
2009 |
2014 |
CAGR %
2009–2014 |
| |
($ Millions) |
(% Share) |
($ Millions) |
(% Share) |
| North America |
276.5 |
70 |
512.6 |
64 |
13.1 |
| Europe |
75.1 |
19 |
152.2 |
19 |
15.2 |
| Asia |
39.5 |
10 |
120.2 |
15 |
24.9 |
| Rest of World* |
3.4 |
1 |
16.0 |
2 |
36.3 |
| Total |
394.5 |
100 |
801.0 |
100 |
15.2 |
*ROW includes South America, Australia,
non NATO-Europe (inc. Russia)
Source: BCC Research
Posted October 1st, 2008
