According to a report by Global Market Insights, Inc., the metal injection molding parts market forecast to exceed US$ 5 billion by 2026. Growing demand from electronics industry is fueling the MIM parts market growth. Growing aerospace industry across the globe will fuel the MIM parts business growth over the forecast period. Recovery in GDP growth, stabilization of crude oil prices and growth in passenger travel in Asia Pacific, the Middle East and Latin America is likely to drive the commercial aircraft sectors growth in coming years. In aerospace industry, metal injection molding technique used to manufacture various components such as compressor blades, bushings, rotors, fasteners, brackets, inlets, etc. Moreover, recovery in U.S. defense budget as well as increased defense spending from other countries such as China, Japan, India and Saudi Arabia are expected positively impact the defense aircraft demand during the forecast timespan. Decreasing cost of technology and sustained development of new technologies are expected to boost the consumer electronics industry in next few years. MIM in consumer electronics industry used in fiber optic parts, smartphone parts, lightning ...