Powder Metallurgy Components Market was valued at US$ 25.82 Bn. in 2022, and is expected to reach US$ 40.92 Bn. by 2029, at a CAGR of 6.8 % during forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Powder Metallurgy Components market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in Powder Metallurgy Components market.To know about the Research Methodology :- Request Free Sample Report The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. Efficient consistent, powder metallurgy is a value-added engineering process that provides a host of advantages over challenging metal forming technology. The wide use of powder metallurgy components for automotive production attribute to emerging technologies in this sector will grow the market at a significant rate during the forecast period.
Powder Metallurgy Components Market Segment Analysis
Based on the product, the ferrous metal segment dominates the powder metallurgy components market over the worldwide. Ferrous metals are further segmented into iron and steel components. These both metals have Ferrous metals is further segmented into iron and steel components. These both metals exhibit excellent mechanical properties. Because of these properties, ferrous metals powder is widely used in the number of applications such as magnetic assemblies, filtration systems, structural parts, sharp gemstone-grinding blades, and auto metal components is boosting the ferrous segment. The non-ferrous segment is further categorized into aluminum, copper, tungsten, and molybdenum. Non-ferrous metal components having high thermal, and electrical conductivity, high corrosion resistance, good machinability and good mechanical and fatigue properties. These components show excellent compressibility due to lower sintering temperature compared to ferrous based powder metallurgy components. Increasing mechanical and automobile companies and rise in the disposal of income, especially in most populous countries such as India and China, are likely to drive the powder metallurgy components in the next few years. Based on the application, powder metallurgy components are widely used in the automotive sector for the engine such as variable valve timing (VVT) systems and oil pump. Further, it is used as a transmission application for synchronizer and oil-bearing are boosting demand of the global powder metallurgy components in the automotive sector. Demand for powder metallurgy components from the industrial segment is also high and it will also drive the global powder metallurgy components market in near future. Powder metallurgy components are widely used in telecommunication equipment’s, computers, home appliances, lawn and garden equipment, road equipment, power and hand tools, sporting goods, and firearms in the industrial segment. Rapidly increasing industrialization across the globe is the factor that drives the industrial segment of the powder metallurgy components market during the forecast period. In aerospace industry powder metallurgy components are used for the manufacture of precision components such as gearing, gearboxes, small planetary devices. Further, in the medical industry, it is used as a medicine dispensing device that are anticipated to grow the medical and aerospace segment during the forecast period.Powder Metallurgy Components Market Regional Analysis
Geographically, North America was the leading consumer of powder metallurgy components in 2022. The growth in automobile and electrical and electronic industries in the Asia Pacific region will drive the powder metallurgy components market. Growth in research activities, the rise in GDP, an increase in investment in electric vehicles is estimated to boost the market in the Asia Pacific in the near future. The U.S is projected to contribute significantly to the powder metallurgy components market in North America, owing to Rising in consumer interest in electric vehicles and fuel efficiency of vehicles are encouraging manufacturers to design lightweight components. Further, Europe is also a prominent region of the global powder metallurgy components market. Increase in focus on pollution and development of lightweight automotive parts driving the market in Europe.Scope of Global Powder Metallurgy Components Market: Inquire before buying
Powder Metallurgy Components Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 25.82 Bn. Forecast Period 2023 to 2029 CAGR: 6.8% Market Size in 2029: US $ 40.92 Bn. Segments Covered: by Product • Ferrous Metals • Iron • Steel • Non-ferrous Metals • Aluminum • Copper • Tungsten • Molybdenum by Application • Automotive • Aerospace • Medical • Industrial Powder Metallurgy Components Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Key Players Operating In Global Powder Metallurgy Components Market:
• GKN Hoeganaes • Sumitomo Electric Company Ltd • American Axle & Manufacturing Holdings, Inc. • Miba AG • Hitachi Chemical Company Ltd • Fine Sinter Co Ltd • SHW AG • Stackpole International Inc • Arcam AB • Carpenter Technology Corp. • Schunk Group • Porite Group • H.C. Starck • SMC Powder Metallurgy • Metaldyne Performance Frequently Asked Questions: 1. What is the growth rate of Global Powder Metallurgy Components Market? Ans: The Global Powder Metallurgy Components Market is growing at a CAGR of 6.8% during forecasting period 2023-2029. 2. What is scope of the Global Powder Metallurgy Components Market report? Ans: Global Powder Metallurgy Components Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 3. Who are the key players in Global Powder Metallurgy Components Market? Ans: The important key players in the Global Powder Metallurgy Components Market are – GKN Hoeganaes, Sumitomo Electric Company Ltd, American Axle & Manufacturing Holdings, Inc., Miba AG, Hitachi Chemical Company Ltd, Fine Sinter Co Ltd, SHW AG, Stackpole International Inc, Arcam AB, Carpenter Technology Corp., Schunk Group, Porite Group, H.C. Starck, SMC Powder Metallurgy, Metaldyne Performance 4. What is the study period of this Market? Ans: The Global Powder Metallurgy Components Market is studied from 2022 to 2029.
Global Powder Metallurgy Components Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Powder Metallurgy Components Market, by Market Value (US$ Bn) and Market Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Powder Metallurgy Components Market Analysis and Forecast 6.1. Global Powder Metallurgy Components Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Powder Metallurgy Components Market Analysis and Forecast, by Product 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Powder Metallurgy Components Market Value Share Analysis, by Product 7.4. Global Powder Metallurgy Components Market Size (US$ Bn) Forecast, by Product 7.5. Global Powder Metallurgy Components Market Analysis, by Product 7.6. Global Powder Metallurgy Components Market Attractiveness Analysis, by Product 8. Global Powder Metallurgy Components Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Powder Metallurgy Components Market Value Share Analysis, by Application 8.4. Global Powder Metallurgy Components Market Size (US$ Bn) Forecast, by Application 8.5. Global Powder Metallurgy Components Market Analysis, by Application 8.6. Global Powder Metallurgy Components Market Attractiveness Analysis, by Application 9. Global Powder Metallurgy Components Market Analysis, by Region 9.1. Global Powder Metallurgy Components Market Value Share Analysis, by Region 9.2. Global Powder Metallurgy Components Market Size (US$ Bn) Forecast, by Region 9.3. Global Powder Metallurgy Components Market Attractiveness Analysis, by Region 10. North America Powder Metallurgy Components Market Analysis 10.1. Key Findings 10.2. North America Powder Metallurgy Components Market Overview 10.3. North America Powder Metallurgy Components Market Value Share Analysis, by Product 10.4. North America Powder Metallurgy Components Market Forecast, by Product 10.4.1. Ferrous Metals 10.4.2. Non-ferrous Metals 10.5. North America Powder Metallurgy Components Market Value Share Analysis, by Application 10.6. North America Powder Metallurgy Components Market Forecast, by Application 10.6.1. Automotive 10.6.2. Aerospace 10.6.3. Medical 10.6.4. Industrial 10.7. North America Powder Metallurgy Components Market Value Share Analysis, by Country 10.8. North America Powder Metallurgy Components Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Powder Metallurgy Components Market Analysis, by Country 10.10. U.S. Powder Metallurgy Components Market Forecast, by Product 10.10.1. Ferrous Metals 10.10.2. Non-ferrous Metals 10.11. U.S. Powder Metallurgy Components Market Forecast, by Application 10.11.1. Automotive 10.11.2. Aerospace 10.11.3. Medical 10.11.4. Industrial 10.12. Canada Powder Metallurgy Components Market Forecast, by Product 10.12.1. Ferrous Metals 10.12.2. Non-ferrous Metals 10.13. Canada Powder Metallurgy Components Market Forecast, by Application 10.13.1. Automotive 10.13.2. Aerospace 10.13.3. Medical 10.13.4. Industrial 10.14. North America Powder Metallurgy Components Market Attractiveness Analysis 10.14.1. By Product 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Powder Metallurgy Components Market Analysis 11.1. Key Findings 11.2. Europe Powder Metallurgy Components Market Overview 11.3. Europe Powder Metallurgy Components Market Value Share Analysis, by Product 11.4. Europe Powder Metallurgy Components Market Forecast, by Product 11.4.1. Ferrous Metals 11.4.2. Non-ferrous Metals 11.5. Europe Powder Metallurgy Components Market Value Share Analysis, by Application 11.6. Europe Powder Metallurgy Components Market Forecast, by Application 11.6.1. Automotive 11.6.2. Aerospace 11.6.3. Medical 11.6.4. Industrial 11.7. Europe Powder Metallurgy Components Market Value Share Analysis, by Country 11.8. Europe Powder Metallurgy Components Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Powder Metallurgy Components Market Analysis, by Country 11.10. Germany Powder Metallurgy Components Market Forecast, by Product 11.10.1. Ferrous Metals 11.10.2. Non-ferrous Metals 11.11. Germany Powder Metallurgy Components Market Forecast, by Application 11.11.1. Automotive 11.11.2. Aerospace 11.11.3. Medical 11.11.4. Industrial 11.12. U.K. Powder Metallurgy Components Market Forecast, by Product 11.12.1. Ferrous Metals 11.12.2. Non-ferrous Metals 11.13. U.K. Powder Metallurgy Components Market Forecast, by Application 11.13.1. Automotive 11.13.2. Aerospace 11.13.3. Medical 11.13.4. Industrial 11.14. France Powder Metallurgy Components Market Forecast, by Product 11.14.1. Ferrous Metals 11.14.2. Non-ferrous Metals 11.15. France Powder Metallurgy Components Market Forecast, by Application 11.15.1. Automotive 11.15.2. Aerospace 11.15.3. Medical 11.15.4. Industrial 11.16. Italy Powder Metallurgy Components Market Forecast, by Product 11.16.1. Ferrous Metals 11.16.2. Non-ferrous Metals 11.17. Italy Powder Metallurgy Components Market Forecast, by Application 11.17.1. Automotive 11.17.2. Aerospace 11.17.3. Medical 11.17.4. Industrial 11.18. Spain Powder Metallurgy Components Market Forecast, by Product 11.18.1. Ferrous Metals 11.18.2. Non-ferrous Metals 11.19. Spain Powder Metallurgy Components Market Forecast, by Application 11.19.1. Automotive 11.19.2. Aerospace 11.19.3. Medical 11.19.4. Industrial 11.20. Rest of Europe Powder Metallurgy Components Market Forecast, by Product 11.20.1. Ferrous Metals 11.20.2. Non-ferrous Metals 11.21. Rest Of Europe Powder Metallurgy Components Market Forecast, by Application 11.21.1. Automotive 11.21.2. Aerospace 11.21.3. Medical 11.21.4. Industrial 11.22. Europe Powder Metallurgy Components Market Attractiveness Analysis 11.22.1. By Product 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Powder Metallurgy Components Market Analysis 12.1. Key Findings 12.2. Asia Pacific Powder Metallurgy Components Market Overview 12.3. Asia Pacific Powder Metallurgy Components Market Value Share Analysis, by Product 12.4. Asia Pacific Powder Metallurgy Components Market Forecast, by Product 12.4.1. Ferrous Metals 12.4.2. Non-ferrous Metals 12.5. Asia Pacific Powder Metallurgy Components Market Value Share Analysis, by Application 12.6. Asia Pacific Powder Metallurgy Components Market Forecast, by Application 12.6.1. Automotive 12.6.2. Aerospace 12.6.3. Medical 12.6.4. Industrial 12.7. Asia Pacific Powder Metallurgy Components Market Value Share Analysis, by Country 12.8. Asia Pacific Powder Metallurgy Components Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Powder Metallurgy Components Market Analysis, by Country 12.10. China Powder Metallurgy Components Market Forecast, by Product 12.10.1. Ferrous Metals 12.10.2. Non-ferrous Metals 12.11. China Powder Metallurgy Components Market Forecast, by Application 12.11.1. Automotive 12.11.2. Aerospace 12.11.3. Medical 12.11.4. Industrial 12.12. India Powder Metallurgy Components Market Forecast, by Product 12.12.1. Ferrous Metals 12.12.2. Non-ferrous Metals 12.13. India Powder Metallurgy Components Market Forecast, by Application 12.13.1. Automotive 12.13.2. Aerospace 12.13.3. Medical 12.13.4. Industrial 12.14. Japan Powder Metallurgy Components Market Forecast, by Product 12.14.1. Ferrous Metals 12.14.2. Non-ferrous Metals 12.15. Japan Powder Metallurgy Components Market Forecast, by Application 12.15.1. Automotive 12.15.2. Aerospace 12.15.3. Medical 12.15.4. Industrial 12.16. ASEAN Powder Metallurgy Components Market Forecast, by Product 12.16.1. Ferrous Metals 12.16.2. Non-ferrous Metals 12.17. ASEAN Powder Metallurgy Components Market Forecast, by Application 12.17.1. Automotive 12.17.2. Aerospace 12.17.3. Medical 12.17.4. Industrial 12.18. Rest of Asia Pacific Powder Metallurgy Components Market Forecast, by Product 12.18.1. Ferrous Metals 12.18.2. Non-ferrous Metals 12.19. Rest of Asia Pacific Powder Metallurgy Components Market Forecast, by Application 12.19.1. Automotive 12.19.2. Aerospace 12.19.3. Medical 12.19.4. Industrial 12.20. Asia Pacific Powder Metallurgy Components Market Attractiveness Analysis 12.20.1. By Product 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Powder Metallurgy Components Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Powder Metallurgy Components Market Overview 13.3. Middle East & Africa Powder Metallurgy Components Market Value Share Analysis, by Product 13.4. Middle East & Africa Powder Metallurgy Components Market Forecast, by Product 13.4.1. Ferrous Metals 13.4.2. Non-ferrous Metals 13.5. Middle East & Africa Powder Metallurgy Components Market Value Share Analysis, by Application 13.6. Middle East & Africa Powder Metallurgy Components Market Forecast, by Application 13.6.1. Automotive 13.6.2. Aerospace 13.6.3. Medical 13.6.4. Industrial 13.7. Middle East & Africa Powder Metallurgy Components Market Value Share Analysis, by Country 13.8. Middle East & Africa Powder Metallurgy Components Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Powder Metallurgy Components Market Analysis, by Country 13.10. GCC Powder Metallurgy Components Market Forecast, by Product 13.10.1. Ferrous Metals 13.10.2. Non-ferrous Metals 13.11. GCC Powder Metallurgy Components Market Forecast, by Application 13.11.1. Automotive 13.11.2. Aerospace 13.11.3. Medical 13.11.4. Industrial 13.12. South Africa Powder Metallurgy Components Market Forecast, by Product 13.12.1. Ferrous Metals 13.12.2. Non-ferrous Metals 13.13. South Africa Powder Metallurgy Components Market Forecast, by Application 13.13.1. Automotive 13.13.2. Aerospace 13.13.3. Medical 13.13.4. Industrial 13.14. Rest of Middle East & Africa Powder Metallurgy Components Market Forecast, by Product 13.14.1. Ferrous Metals 13.14.2. Non-ferrous Metals 13.15. Rest of Middle East & Africa Powder Metallurgy Components Market Forecast, by Application 13.15.1. Automotive 13.15.2. Aerospace 13.15.3. Medical 13.15.4. Industrial 13.16. Middle East & Africa Powder Metallurgy Components Market Attractiveness Analysis 13.16.1. By Product 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Powder Metallurgy Components Market Analysis 14.1. Key Findings 14.2. South America Powder Metallurgy Components Market Overview 14.3. South America Powder Metallurgy Components Market Value Share Analysis, by Product 14.4. South America Powder Metallurgy Components Market Forecast, by Product 14.4.1. Ferrous Metals 14.4.2. Non-ferrous Metals 14.5. South America Powder Metallurgy Components Market Value Share Analysis, by Application 14.6. South America Powder Metallurgy Components Market Forecast, by Application 14.6.1. Automotive 14.6.2. Aerospace 14.6.3. Medical 14.6.4. Industrial 14.7. South America Powder Metallurgy Components Market Value Share Analysis, by Country 14.8. South America Powder Metallurgy Components Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Powder Metallurgy Components Market Analysis, by Country 14.10. Brazil Powder Metallurgy Components Market Forecast, by Product 14.10.1. Ferrous Metals 14.10.2. Non-ferrous Metals 14.11. Brazil Powder Metallurgy Components Market Forecast, by Application 14.11.1. Automotive 14.11.2. Aerospace 14.11.3. Medical 14.11.4. Industrial 14.12. Mexico Powder Metallurgy Components Market Forecast, by Product 14.12.1. Ferrous Metals 14.12.2. Non-ferrous Metals 14.13. Mexico Powder Metallurgy Components Market Forecast, by Application 14.13.1. Automotive 14.13.2. Aerospace 14.13.3. Medical 14.13.4. Industrial 14.14. Rest of South America Powder Metallurgy Components Market Forecast, by Product 14.14.1. Ferrous Metals 14.14.2. Non-ferrous Metals 14.15. Rest of South America Powder Metallurgy Components Market Forecast, by Application 14.15.1. Automotive 14.15.2. Aerospace 14.15.3. Medical 14.15.4. Industrial 14.16. South America Powder Metallurgy Components Market Attractiveness Analysis 14.16.1. By Product 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Miba AG 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. GKN Hoeganaes 15.3.3. Sumitomo Electric Company Ltd 15.3.4. American Axle & Manufacturing Holdings, Inc. 15.3.5. Hitachi Chemical Company Ltd 15.3.6. Fine Sinter Co Ltd 15.3.7. SHW AG 15.3.8. Stackpole International Inc 15.3.9. Arcam AB 15.3.10. Carpenter Technology Corp. 15.3.11. Schunk Group 15.3.12. Porite Group 15.3.13. H.C. Starck 15.3.14. SMC Powder Metallurgy 15.3.15. Metaldyne Performance 16. Primary Key Insights