ReportsnReports . com adds new research report Global Metal Matrix Composites Market 2017-2021 , report covers the present scenario and the growth prospects of the global metal matrix composites market for 2017-2021 . To calculate the market size , the report presents a detailed picture of the market by way of study , synthesis , and summation of data from multiple sources .
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Global Metal Matrix Composites Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts . This report covers the market landscape and its growth prospects over the coming years . The report also includes a discussion of the key vendors operating in this market .
The following companies are the key players in the global metal matrix composites market : 3M , CPS Technologies , GKN Sinter Metals , Materion , and Santier .
Other Prominent Vendors in the market are : 3A Composites , ADMA Products , AMETEK Specialty Metal Products , Deutsche Edelstahlwerke , Metal Matrix Cast Composites , and Mi-Tech Metals .
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Commenting on the report , an analyst said : “ One trend in market is demand from transmission and distribution . Countries , mainly including Brazil , Paraguay , and India , are moving toward an industrialized economy . For instance , in 2014 , India launched the Make in India initiative to boost industrialization . An increase in the number of industries will likely increase the demand for power , thereby creating the demand for transmission and distribution cables made of MMCs . For instance , more than half of the transformers and transmission lines in North America are exceeding their useful life . Therefore , the US is planning to invest around $ 50 billion in replacements , expansion , and upgrading activities .”
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 vendors .
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Further , the report states that one challenge in market is high production costs . MMCs are preferred for use in high-performance applications as low-cost reinforcements may not yield the desired performance . The manufacturing and processing of MMCs are cost-intensive . Furthermore , the testing of MMCs for aerospace and defense applications is an expensive and time-consuming process . Moreover , the cost of carbon fiber-reinforced composites ( CFCs ) is higher than metals , which restricts the market growth .
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