The global Powder Metallurgy for Electric Vehicles market was valued at US$ 146 million in 2020 and it is expected to reach US$ 2372.3 million by the end of 2027, growing at a CAGR of 47.0% during 2021-2027.
Powder metallurgy components are parts made from powdered metal via powder metallurgy (PM). Powder metallurgy refers to processes by which materials or components are made from metal powders. It is wide applied in electric vehicles.
The main manufacturers of powder metallurgy components for Electric Vehicles include GKN, Sumitomo Electric Industries, etc. These top 5 manufacturers hold a market share about 40%. Asia Pacific is the largest market, with a share about 52%, followed by Europe and North America with the share about 34% and 13%.
Global Powder Metallurgy for Electric Vehicles Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Powder Metallurgy for Electric Vehicles Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are GKN, Sumitomo Electric Industries, Showa Denko Materials (Hitachi Chemical), Fine Sinter, Miba AG, Porite, PMG Holding, AAM, Hoganas AB, Ametek Specialty Metal Products, Allegheny Technologies Incorporated, Burgess-Norton, Carpenter Technology, Diamet, Dongmu, Shanghai Automotive Powder Metallurgy, Weida and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Ferrous Metals
- Non-ferrous Metals
Segment by Application
- Chassis System
Table of Content:
1 Powder Metallurgy for Electric Vehicles Market Overview
2 Powder Metallurgy for Electric Vehicles Market Competition by Manufacturers
3 Powder Metallurgy for Electric Vehicles Retrospective Market Scenario by Region
4 Global Powder Metallurgy for Electric Vehicles Historic Market Analysis by Type
5 Global Powder Metallurgy for Electric Vehicles Historic Market Analysis by Application
6 Key Companies Profiled
7 Powder Metallurgy for Electric Vehicles Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Powder Metallurgy for Electric Vehicles Market Dynamics
10 Global Powder Metallurgy for Electric Vehicles Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.