TechNavio today launched its report Global Powder Injection Molding Market 2011“2015 based on an in-depth study covering the Americas, and EMEA and the APAC regions. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Engineering team said; The Global Powder Injection Molding (PIM) market is witnessing a large number of customers starting to invest in commercialized custom PIM machines. The market vendors are nowadays developing application-specific PIM products to meet specific customer application requirements as the market is highly volatile as a result of the global recession. For instance, the Healthcare industry has no relation with the global recession. Thus, many vendors have started focusing on developing medical application-specific PIM products.
According to the report, PIM enables cost-effective manufacturing by reducing overall manufacturing costs and several applications costs. Therefore, manufacturing companies adopt PIM to improve their product development cycles in a cost-effective manner.
Further, the report also discusses that the escalating price wars among the market vendors constitute one of the major challenges in the Global PIM market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-powder-injection-molding-market-2011…
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TechNavio Announces the Publication of its Report “ Global Powder Injection Molding Market 2011“2015
