Global Metal Matrix Composites Market Report 2023: Rising Need for Lightweight and High-performance Materials Drives Growth
Global Metal Matrix Composites Market
Dublin, March 21, 2023 (GLOBE NEWSWIRE) -- The "Global Metal Matrix Composites Market (2023-2028) by Product, Reinforcement Type, Production Technology, Reinforcement Material, End-Users, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Metal Matrix Composites Market is estimated to be USD 2.04 Bn in 2023 and is expected to reach USD 2.93 Bn by 2028, growing at a CAGR of 7.53%.
Market Dynamics
Drivers
Rising Need for Lightweight and High-performance Materials
Increasing Use of Metal Matrix Composites in the Aerospace Composite Parts
Restraints
Increasing Environmental Concerns and Stringent Pollution Control Norms
Opportunities
Potential Opportunities in Applications, Such as Highspeed Machinery, Robots, High-speed Rotating Shafts
Challenges
Complex Fabrication Methods
Shortage of Skilled and Trained Workforce for Manufacturing
Market Segmentations
The Global Metal Matrix Composites Market is segmented based on Product, Reinforcement Type, Production Technology, Reinforcement Material, End-Users, and Geography.
By Product, the market is classified into Aluminum MMC, Magnesium MMC, Nickel MMC, Refractory MMC, and Super Alloys MMC.
By Production Technology, the market is classified into Liquid Metal Infiltration, Powder Metallurgy, Casting, and Deposition Techniques.
By Reinforcement Type, the market is classified into Continuous, Discontinuous, and Particles.
By Reinforcement Material, the market is classified into Silicon Carbide, Aluminum Oxide, Titanium Carbide, and Other Fillers.
By End-Users, the market is classified into Aerospace, Electronics/Thermal Management, Ground Transportation, and Industrial.
By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Metal Matrix Composites Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Metal Matrix Composites Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
The report offers a comprehensive evaluation of the Global Metal Matrix Composites Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
A complete analysis of the market, including parent industry
Important market dynamics and trends
Market segmentation
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
Key Attributes:
Report Attribute | Details |
No. of Pages | 180 |
Forecast Period | 2023 - 2028 |
Estimated Market Value (USD) in 2023 | $2.04 Billion |
Forecasted Market Value (USD) by 2028 | $2.93 Billion |
Compound Annual Growth Rate | 7.5% |
Regions Covered | Global |
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Metal Matrix Composites Market, By Product
7 Global Metal Matrix Composites Market, By Production Technology
8 Global Metal Matrix Composites Market, By Reinforcement Type
9 Global Metal Matrix Composites Market, By Reinforcement Material
10 Global Metal Matrix Composites Market, By End-Users
11 Americas' Metal Matrix Composites Market
12 Europe's Metal Matrix Composites Market
13 Middle East and Africa's Metal Matrix Composites Market
14 APAC's Metal Matrix Composites Market
15 Competitive Landscape
16 Company Profiles
17 Appendix
Companies Mentioned
3M Company
ADMA Products, Inc.
AMETEK Specialty Metal Products, Inc.
CeramTec GmbH
CPS Technologies Corp.
Denka Co. Ltd.
Deutsche Edelstahlwerke Specialty Steel GmbH & Co. KG
DWA Aluminum Composites, Inc.
Ferrotec Corp.
GKN Sinter Metals, Inc.
Hitachi Metals Ltd.
Materion Corp.
Metal Matrix Cast Composites, LLC
Mi-Tech Tungsten Metals, LLC
Plansee SE
Sandvik AB
Santier, Inc.
Schlumberger, Inc.
Thermal Transfer Composites LLC
TISICS Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/srpz8p
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