Insights on the Global Automotive Powder Metallurgy Components Market 2020-2024 |COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio
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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Technavio has announced its latest market research report titled Global Automotive Powder Metallurgy Components Market 2020-2024 (Graphic: Business Wire)
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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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