Market Overview:
The global powder metallurgy mechanical part market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for powder metallurgy mechanical parts from the automotive, electrical and electronics, and industrial sectors. In addition, the growing demand for these parts in emerging economies is also contributing to the growth of this market. However, fluctuations in raw material prices may restrain the growth of this market during the forecast period. On basis of type, ferrous powder metallurgy mechanical parts are expected to dominate this market duringthe forecast period owingto their high strength-to-weight ratio as compared to other types of metal alloys.
Product Definition:
Powder Metallurgy Mechanical Parts are important because they are used in many different applications. They can be found in everything from cars to cell phones.
Ferrous:
Ferrous is a metal with iron and/or steel. The most common ferrous materials are iron, steel, cast iron, and nickel. Ferrous alloys include materials that have been alloyed with metals to improve their mechanical properties such as strength or hardness.
Non-ferrous:
Non-ferrous and its usage in Powder Metallurgy Mechanical Part (PM) market is a new term which came into existence only after the advent of powder metallurgy. The major applications of non-ferrous alloys are in medical industry for producing surgical instruments, cast irons, dental equipment and tools. In addition to this, it is also used as an alloy with steel to produce high strength mechanical parts for machines such as engines & pumps.
Application Insights:
The automotive application segment accounted for the largest volume share of over 30% in 2017. The use of PM mechanical parts has been growing significantly in the automotive industry owing to their lightweight properties and high strength-to-weight ratio. In addition, they can be manufactured using lower cost raw materials as compared to traditional methods. This is expected to drive demand over the forecast period.
Electrical & electronics application segment is anticipated to expand at a CAGR of XX% from 2018 to 2030 owing to increasing demand for powder metallurgy products such as electrical components, electronic circuits, and sensors among others made using aluminum alloys or steel alloys depending upon their properties and requirements including wear resistance, magnetic susceptibility, thermal expansion coefficient etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. These countries are among the largest automotive producers as well as electrical and electronics manufacturers across the globe. Furthermore, they have been witnessing strong industrial growth along with rapid urbanization due to a rise in population over recent years.
The Asia Pacific has also been a hub for manufacturing consumer goods on account of increasing foreign investments in this sector since 2010s. As per an IMF survey published in 2016; Indonesia GDP was estimated at USD X trillion while that of Vietnam stood at 5% or more than USD X billion respectively which makes it one of the key markets for powder metallurgy mechanical parts production across Southeast Asia region during same year (IMF 2016).
Growth Factors:
- Increasing demand from the automotive and aerospace industries
- Growing popularity of powder metallurgy among small and medium-sized enterprises (SMEs)
- Rising demand for lightweight components in automobiles and aircrafts
- Advances in powder metallurgy technology that improve performance and reduce manufacturing costs
- Growing awareness about the benefits of using powder metallurgy among engineers and designers
Scope Of The Report
Report Attributes
Report Details
Report Title
Powder Metallurgy Mechanical Part Market Research Report
By Type
Ferrous, Non-ferrous
By Application
Automotive, Electrical and electronics, Industrial, Others
By Companies
Burgess-Norton Manufacturing, GKN, Keystone, Perry Tool & Research, Inc, AMKAD Metal Components Inc, TCG, PMG Holding, Pometon SpA, Sumitomo Electric Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Powder Metallurgy Mechanical Part Market Report Segments:
The global Powder Metallurgy Mechanical Part market is segmented on the basis of:
Types
Ferrous, Non-ferrous
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Electrical and electronics, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Burgess-Norton Manufacturing
- GKN
- Keystone
- Perry Tool & Research, Inc
- AMKAD Metal Components Inc
- TCG
- PMG Holding
- Pometon SpA
- Sumitomo Electric Industries
Highlights of The Powder Metallurgy Mechanical Part Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ferrous
- Non-ferrous
- By Application:
- Automotive
- Electrical and electronics
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Powder Metallurgy Mechanical Part Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Powder metallurgy mechanical parts are made from a variety of metals that have been finely powdered and then sintered together to create a solid piece. The metal is usually mixed with other materials, such as silicon or carbon, to create specific properties in the final product. This type of manufacturing process is often used in aerospace and automotive industries because it allows for intricate designs and lightweight components that are difficult to produce using other methods.
Some of the major players in the powder metallurgy mechanical part market are Burgess-Norton Manufacturing, GKN, Keystone, Perry Tool & Research, Inc, AMKAD Metal Components Inc, TCG, PMG Holding, Pometon SpA, Sumitomo Electric Industries.
The powder metallurgy mechanical part market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Powder Metallurgy Mechanical Part Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Powder Metallurgy Mechanical Part Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Powder Metallurgy Mechanical Part Market - Supply Chain
4.5. Global Powder Metallurgy Mechanical Part Market Forecast
4.5.1. Powder Metallurgy Mechanical Part Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Powder Metallurgy Mechanical Part Market Size (000 Units) and Y-o-Y Growth
4.5.3. Powder Metallurgy Mechanical Part Market Absolute $ Opportunity
5. Global Powder Metallurgy Mechanical Part Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Type
5.3.1. Ferrous
5.3.2. Non-ferrous
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Powder Metallurgy Mechanical Part Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Electrical and electronics
6.3.3. Industrial
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Powder Metallurgy Mechanical Part Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Powder Metallurgy Mechanical Part Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Powder Metallurgy Mechanical Part Demand Share Forecast, 2019-2026
9. North America Powder Metallurgy Mechanical Part Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Electrical and electronics
9.4.3. Industrial
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Type
9.7.1. Ferrous
9.7.2. Non-ferrous
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Powder Metallurgy Mechanical Part Demand Share Forecast, 2019-2026
10. Latin America Powder Metallurgy Mechanical Part Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Electrical and electronics
10.4.3. Industrial
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Type
10.7.1. Ferrous
10.7.2. Non-ferrous
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Powder Metallurgy Mechanical Part Demand Share Forecast, 2019-2026
11. Europe Powder Metallurgy Mechanical Part Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Electrical and electronics
11.4.3. Industrial
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Type
11.7.1. Ferrous
11.7.2. Non-ferrous
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Powder Metallurgy Mechanical Part Demand Share, 2019-2026
12. Asia Pacific Powder Metallurgy Mechanical Part Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Electrical and electronics
12.4.3. Industrial
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Type
12.7.1. Ferrous
12.7.2. Non-ferrous
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Powder Metallurgy Mechanical Part Demand Share, 2019-2026
13. Middle East & Africa Powder Metallurgy Mechanical Part Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Electrical and electronics
13.4.3. Industrial
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Powder Metallurgy Mechanical Part Market Size and Volume Forecast by Type
13.7.1. Ferrous
13.7.2. Non-ferrous
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Powder Metallurgy Mechanical Part Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Powder Metallurgy Mechanical Part Market: Market Share Analysis
14.2. Powder Metallurgy Mechanical Part Distributors and Customers
14.3. Powder Metallurgy Mechanical Part Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Burgess-Norton Manufacturing
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GKN
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Keystone
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Perry Tool & Research, Inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AMKAD Metal Components Inc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TCG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PMG Holding
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Pometon SpA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sumitomo Electric Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
