MIM technology has obvious advantages in the production and application of miniaturized, precise and complex metal parts. This technology is in line with the design and development trend of consumer electronics products. In addition, the more complex the structural parts, the more cost advantage MIM has. Apple, Samsung and other benchmark enterprises in the industry are making more and more demonstration applications of MIM products. We believe that this will further promote the industrial application of MIM technology in the field of consumer electronics, and the penetration rate is expected to continue to increase.

MIM is widely used in many fields. 3C is the biggest driving force for the development of MIM

Worldwide, MIM technology has been widely used in consumer electronics, automotive, medical equipment and many other fields, among which 3C electronic products are the biggest driving force for the development of MIM. According to the data of Powder Metallurgy Branch of China Association of Steel Structures, the global MIM market scale reached us $2.283 billion in 2016, with a compound growth rate of 16.32% in the past five years. It is expected that the global MIM market scale will reach nearly US $3 billion in 2018. Benefiting from the national industrial policy support and significant progress in domestic MIM technology, the domestic market is growing rapidly. In 2016, the scale of the domestic MI market reached 5.93 billion yuan, and it is expected to break through 7 billion yuan in 2018. In addition, the MIM has great potential in the field of automobile, medical equipment market space, according to our estimates of the data, assuming that the MIM the future in the field of auto parts, medical equipment, 1% of the permeability, the MIM in the field of domestic auto parts market space will be more than 32 billion yuan, in the field of global medical device market space will be close to $4 billion