LONDON--(BUSINESS WIRE)--Technavio has been monitoring the automotive powder metallurgy components market and it is poised to grow by USD 1.06 billion during 2020-2024, progressing at a CAGR of 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions-
- At what rate is the market projected to grow during the forecast period 2020-2024?
- Growing at a CAGR of over 8%, the market growth will accelerate in the forecast period.
- What is the key factor driving the market?
- Energy saving and cost advantages are the key factors driving the market growth.
- Who are the top players in the market?
- American Axle & Manufacturing Inc., Comtec Mfg. Inc., Fine Sinter Co. Ltd., Hitachi Chemical Co. Ltd., Johnson Electric Holdings Ltd., Melrose Industries PLC, Miba AG, PMG Holding GmbH, Shandong Weida Machinery Co. Ltd., and Sumitomo Electric Industries Ltd. are some of the major market participants.
- Which region is expected to hold the highest market share?
- APAC
- What is the year-over-year growth rate of the global market?
- The year-over-year growth rate for 2020 is estimated at 7.22%.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. American Axle & Manufacturing Inc., Comtec Mfg. Inc., Fine Sinter Co. Ltd., Hitachi Chemical Co. Ltd., Johnson Electric Holdings Ltd., Melrose Industries PLC, Miba AG, PMG Holding GmbH, Shandong weida machinery Co. Ltd., and Sumitomo Electric Industries Ltd. are some of the major market participants. The energy saving and cost advantages will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Automotive Powder Metallurgy Components Market 2020-2024: Segmentation
Automotive Powder Metallurgy Components Market is segmented as below:
-
Component
- Engine Components
- Transmission Components
- Other Components
-
Geographic
- APAC
- Europe
- North America
- South America
- MEA
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Automotive Powder Metallurgy Components Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive powder metallurgy components market report covers the following areas:
- Automotive Powder Metallurgy Components Market size
- Automotive Powder Metallurgy Components Market trends
- Automotive Powder Metallurgy Components Market analysis
This study identifies the increasing use of titanium and titanium-based alloy powders as one of the prime reasons driving the automotive powder metallurgy components market growth during the next few years.
Automotive Powder Metallurgy Components Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the automotive powder metallurgy components market, including some of the vendors such as American Axle & Manufacturing Inc., Comtec Mfg. Inc., Fine Sinter Co. Ltd., Hitachi Chemical Co. Ltd., Johnson Electric Holdings Ltd., Melrose Industries PLC, Miba AG, PMG Holding GmbH, Shandong weida machinery Co. Ltd., and Sumitomo Electric Industries Ltd. Backed with competitive intelligence and benchmarking, our research reports on the automotive powder metallurgy components market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Automotive Powder Metallurgy Components Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist automotive powder metallurgy components market growth during the next five years
- Estimation of the automotive powder metallurgy components market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive powder metallurgy components market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive powder metallurgy components market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Component
- Market segments
- Comparison by Component placement
- Engine components - Market size and forecast 2019-2024
- Transmission components - Market size and forecast 2019-2024
- Other components - Market size and forecast 2019-2024
- Market opportunity by Component
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Volume Driver - Demand led growth
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- American Axle & Manufacturing Inc.
- Comtec Mfg. Inc.
- Fine Sinter Co. Ltd.
- Hitachi Chemical Co. Ltd.
- Johnson Electric Holdings Ltd.
- Melrose Industries PLC
- Miba AG
- PMG Holding GmbH
- Shandong weida machinery Co. Ltd.
- Sumitomo Electric Industries Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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