McKinsey & Company report highlights Metal Injection Moulding in top ‘technologies of the future’

May 12, 2018

Global management consulting firm McKinsey & Company, New York City, New York, USA, has highlighted Metal Injection Moulding as second in its top ten advanced manufacturing technologies in Issue One of its report on advanced manufacturing and industry 4.0, Factory of the Future [Click to see]

Based on the McKinsey Advanced Manufacturing & Assembly survey, the report found that Metal Injection Moulding and Additive Manufacturing (AM) were consistently voted as the technologies with the most potential to improve manufacturing across a broad span of industries and geographic areas. “If you only remember two technologies from this paper, they should be Additive Manufacturing and Metal Injection Moulding,” stated McKinsey & Company.

 

McKinsey & Company report highlights Metal Injection Moulding in top ‘technologies of the future’

 

In the survey, 21% of experts surveyed by the consultancy rated MIM as having a high or very high impact on manufacturing over the next 0–5 years, and the technology was found to be mature and to have a high readiness for industrial application. 44% of the experts surveyed stated that AM would have a high impact on manufacturing over the next 0–5 years, but the manufacturing readiness and maturity of the technology was reported to be lower.

The report found that the impact of moving from traditional milling and die casting processes to MIM could result in significant cost savings, as in the case of Bosch India, which saved 80% on the cost of a fuel control gear as a result of the reduced material waste and processing time offered by MIM. The company is now said to produce three million units a year using the technology.

While the technology is not competitive for the production of large parts, MIM was found to be an increasingly acceptable choice for manufacturers for annual part volumes over 5,000, at unit weights under 200 g and for geometrically complex components.

www.mckinsey.com

In the latest issue of PIM International…

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Extensive MIM, CIM industry and sinter-based AM industry news, plus the following exclusive deep-dive articles and reports:

  • Calling all product designers: Discover what Metal Injection Moulding could do for you through these award-winning parts
  • Binder Jetting of a dual-phase steel: Process insight and optimisation using the Master Sintering Curve
  • The rise of filament-based metal AM: New materials and machines present opportunities for MIM producers
  • Sinter-based Additive Manufacturing at the 20th Plansee Seminar on Refractory Metals and Hard Materials
  • Ceramitec 2022: Opportunities abound for producers of technical ceramics by CIM and AM

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