Metal Injection Molding Market Size Analysis, Industry Outlook, & Region Forecast, 2022-2030
The global Metal Injection Molding Market size is expected to reach USD 6.78 Billion in 2030 and register a revenue CAGR of 8.1% over the forecast period, according to the latest report by Reports and Data. Increasing government investments in defense equipment are driving Metal Injection Molding market revenue growth. Metal Injection Molding is a versatile, cost-effective, and innovative process that provides product designers and production engineers with versatility when working with metal alloys. Metal is an excellent replacement for plastic and ceramic components as they are unable to perform as expected. Metal Injection Molding focuses on quality and precision and the process is closely monitored to ensure that it meets the needs. When a metal alloy is selected for a specific application, the geometry of the component is constrained by the cost of shaping operations. With the formation of net shape parts in the tool, Metal Injection Molding helps to overcome this issue...