Injection Molding Machine Market Expected to Reach $12.93 billion by 2030| Business Intelligence Insights (BII)

Publisher Name : Business Intelligence Insights (BII) Publish Date : 2022-06-23  

     

As per Business Intelligence Insights (BII) study, the global Injection moulding machine Market attained revenue growth of USD 9.90 billion in 2021 and it is projected to reach around USD 12.93 billion by 2030, growing at a 3.40% CAGR.

By injecting liquid substances into a form, an injection moulding machine produces parts. Injection forming is a practical method for producing complex shapes in large quantities, and it plays an important role in the plastic handling industry. Metals (also known as biting the dust projection), glassware, synthetic rubber, and sweets are among the most commonly used materials, with thermoplastic and thermosetting polymers being the most widely used. An injection moulding machine is able to produce measurements for a wide range of things, from the smallest component to the entire car body. Furthermore, injection shaping is the most well-known method for assembling plastic parts worldwide.

Furthermore, the growing demand for injection molding machines in the packaging industry along with the increased awareness for energy saving are the major factors driving the growth of the market during the forecast period. The increased demand for injection molding machines from the automotive sector and the enhanced developments in the machines are likely to drive the growth of the market in the coming years. Besides, high maintenance cost of these machines are estimated to hinder the market growth during the forecast period.

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Injection moulding machine Market: Companies Mentioned

•  Haitian International Holdings Limited (China)
•  Chen Hsong Holdings Limited (China) 
•  Sumitomo Heavy Industries Ltd. (Japan) 
•  Engel Austria GmbH (Austria) 
•  Hillenbrand, Inc. (US)
•  Others

Key Highlights of the Report

•   In 2021, the automotive category had a major share and had more than 28% of the market revenue share in the same year. The growing demand for lightweight automotive components as well as the rising demand for automotive vehicles are projected to witness the fastest growth during the forecast period. Moreover, the introduction of electric vehicles and growing trend of replacing metal with plastics in automobiles to drive the market growth in the upcoming years.

•   The clamping force of 201-500 ton-power is generally applied in medium-sized infusion shaping machines. Water driven, all-electric, and crossover are the most well-known machine types accessible in 201-500 ton-force. These machines find their applications in regions, for example, auto, bundling, and purchaser merchandise ventures, where generally medium-sized formed parts are required.

•   Asia Pacific is the main income producing region and will observer high rise in the injection molding machine market in near future. The hearty item request can be credited to the developing end-use businesses. The car business is one of the verticals significantly adding to this development. The locale has the most un-number of vehicles per thousand individuals. Hence, the interest for vehicles is working on in Asia Pacific with the working on monetary condition. Since numerous Asian nations have low vehicle infiltration, the auto business is yet to get a handle on the maximum capacity of the market in the region. Moreover, the quickly developing end-use ventures, serious assembling expenses, and high financial development rate are the ideal elements for the development of the infusion forming machine market around here. These variables are additionally drawing in the market players to extend their organizations in Asia Pacific.

•   The report contains qualitative and quantitative research on Injection Molding Machine Market as well as detailed insights and development strategies employed by the leading competitors. The report also provides in-depth analysis of the markets’ main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company’s global presence, competitors, service offers, and standards.

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Revenue-generating Segment Highlights

On the basis of Machine Type
•  Hydraulic 
•  All-Electric
•  Hybrid

On the basis of Clamping Force 
•  0-200 Tons Force
•  200-500 Tons Force
•  Above 500 Tons Force

On the basis of product type
•  Plastic
•  Rubber
•  Metal
•  Ceramic
•  Others

On the basis of end-use industry
•  Automotive
•  Consumer Goods 
•  Packaging
•  Healthcare
•  Electricals & Electronics 
•  Others

By Region
•  North America
o  U.S.
o  Canada
•  Europe
o  Germany
o  U.K.
o  France
o  Italy
o  Spain
o  Rest of Europe
•  Asia Pacific
o  China
o  India
o  Japan
o  Rest of Asia Pacific
•  Latin America
o  Brazil
o  Mexico
o  Rest of Latin America
•  Middle East and Africa
o  UAE
o  South Africa
o  Rest of Middle East and Africa (MEA)

Ready to generate outstanding revenue opportunities with Business Intelligence Insights (BII)’ exclusive Injection moulding machine market study. Highlights of the overall market will be included in the research, as well as frequently asked questions such as –

•  What are the historical and projected revenue figures, as well as the CAGR, for the forecast period?
•  What is the current trend taking place in the market space?
•  What are the business techniques that will influence competitive scenarios as well as the market's growth potential?
•  What market drivers, restraints, and challenges are influencing market demand and growth?
•  In the approaching years, which regions and segments will generate significant revenue and emerge as industry leaders?

The Injection moulding machine Market report's competitive scenario examines, assesses, and positions firms based on a variety of performance characteristics. The financial performance of organizations over the last few years, growth plans, product innovations, new product launches, investments, market share growth, and so on are some of the elements analysed in this research. Don't wait any longer; take a comprehensive approach and achieve your business objectives with our Injection moulding machine Market Forecast Report 2022- 2030 – Order Now!

About Us

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