The global MMC market generated revenue of USD 228.7 million in 2012 and is expected to reach USD 357.3 million by 2019, expanding at a CAGR of 6.6% from 2013 to 2019.
Albany, NY -- (SBWIRE) -- 03/30/2016 -- The report covers forecast and analysis for the metal matrix composites (MMC) market on a global and regional level. Demand has been forecast based on volumes (tons) and revenue (USD million) from 2013 to 2019. The study includes drivers and restraints for the MMC market along with their impact on demand during the forecast period. The report also includes the study of opportunities available in the MMC market on the global and regional level.
We have included a detailed value chain analysis to provide a comprehensive view of the MMC market. Analysis of the Porter's five forces model for the MMC market has also been included to help understand the competitive landscape in the market. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness.
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The study provides a decisive view on the MMC market by segmenting the market based on its product segments and end-users. All the products and end-user segments have been analyzed based on present and future trends and the market has been estimated from 2013 to 2019. Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific and Rest of the world (RoW). This segment includes demand for individual applications and product segments in all the regions.
Inflation is not a part of pricing in this report. Prices of MMC vary in each region. Hence, a similar volume-to-revenue ratio does not follow for each individual region. The same price for each application has been taken into account while estimating and forecasting market revenue on the global basis. Regional average price has been considered while breaking down this market by end application in each region. This report provides the market size of MMC for 2011 and 2012, and forecast for the next six years. The global market size of MMC is given in terms of both volume as well as revenue. Market volumes are defined in tons, while market revenue is in USD million. Market numbers are estimated based on various product segments of MMC and key end-user markets. Market size and forecast for each major end-user is provided in the context of the global as well as regional market.
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For the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players' product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants' insights and recognizing business opportunities.
Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the typical data types to produce estimates. These data type include demographic data such as population split by segments, macroeconomic indicators such as GDP, inflation rate, etc. and industry indicators such as expenditure, technology stage and infrastructure, sector growth and facilities. This data is then cross-checked by an expert panel.
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The report covers detailed competitive outlook including the market share and company profiles of key participants in the global market. Key players profiled in the report include Materion Corporation, Sandvik AB, GKN PLC, 3M, Plansee SE, Sumitomo Electric Industries, Ltd., Hitachi Metals, Ltd., CPS Technologies Corporation, Deutsche Edelstahlwerke GmbH and 3A Composites. Company profiles include attributes such as company overview, financial overview, business strategy, SWOT analysis and recent developments.
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