Shenzhen Mim Technology Co., Ltd
The International Market Research Organization recently released the 2025 Global Powder Metallurgy Market Development Report. According to the data, the global powder metallurgy market will reach 8.861 billion US dollars in 2024, and it is expected thatIt will exceed $9.5 billion in 2025 and is expected to climb to $15.01 billion in 2031, with a compound annual growth rate of 7.6%. Among them, the Asia-Pacific region has become the core engine of global growth, accounting for 42% of the market size in 2024, and the average growth rate is expected to reach 5.1% in 2025-2029, far exceeding that of North America (3.8%) and Europe (3.5%). The report points out that the rapid development of China's new energy vehicle and electronics manufacturing industry, as well as the rise of the manufacturing industry in India and Southeast Asia, are the main driving forces for the growth of the powder metallurgy market in the Asia-Pacific region.
Powder metallurgy: the invisible champion of precision manufacturing, unlocking a new paradigm of efficient production. In the high-end manufacturing fields of automobiles, electronics, aerospace, etc., a precision processing technology of "zero into whole" is quietly becoming the core support - this is powder metallurgy. It uses metal powder as raw material, through a series of precisely controlled processes...
Significant advantages: multiple characteristics meet the needs of modern manufacturing. "The biggest advantage of powder metallurgy molding technology is that it can reduce costs and increase efficiency while ensuring the high quality of parts." Engineer Wang, the technical director of an auto parts manufacturing enterprise, said in an interview. According to its introduction, the core advantages of this technology are first of all reflected in...
Dedicated to MIM micro module gears, micro gearbox motors, and 3C components Production reaches 2.7 million MIM gears delivered daily
