According to Stratistics MRC, the Global Injection Molding Machine Market is accounted for $10.30 billion in 2020 and is expected to reach $15.93 billion by 2028 growing at a CAGR of 5.6% during the forecast period. High demand from the packaging industry, growth in automotive sector fueling demand for large plastic molds and rising awareness about energy saving are driving the market growth. However, high initial and maintenance cost of machines is hampering the growth of the market.
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Based on the machine type, the all-electric segment is going to have lucrative growth during the forecast period owing to ts lower use of chilled water, decreased housekeeping and preventive maintenance, less energy and oil consumption, and lower repair rate. By geography, Asia Pacific is going to have high growth during the forecast period due to the rising disposable incomes and rising standards of living in emerging economies in the region.
Some of the key players profiled in the Injection Molding Machine Market include Multiplas Enginery Co., Ltd., Mold Hotrunner Solutions Inc., Milacron Holdings Corp., KraussMaffei Group GmbH, Husky Injection Molding Systems Ltd., Huarong Plastic Machinery Co., Ltd., Haitian International Holdings Limited, Fu Chun Shin Machinery Manufacture Co., Ltd., Engel Austria GmbH, Dr. Boy GmbH & Co. KG, Dongshin Hydraulics, Chen Hsong Holdings Ltd., Borche North America Inc., Boco Pardubice Machines S. R. O. and Arburg GmbH + Co. KG.
Types Covered:
• Handheld Type
• Desktop Type
Pressure Types Covered:
• Low Pressure
• High Pressure
Machine Types Covered:
• All- Electric
• Hybrid
• Hydraulic
• Mechanical
Product Types Covered:
• Plastic
• Rubber
• Metal
• Ceramic
Clamping Forces Covered:
• 0-200 Tons Force
• 201-500 Tons Force
• Above 500 Tons Force
Solutions Covered:
• New Sales
• Aftermarket
Applications Covered:
• Digital and Electrical Products Battery
• Energy Storage
• Motive Battery
• Reserve Battery
End Users Covered:
• Automotive
• Consumer Goods
• Packaging
• Healthcare & Medical Devices
• Electricals & Electronics
• Information Technology (IT) & Telecommunication
• Infrastructure
• Toy Making
• Building & Construction
• Home Appliances
• General Plastic
• Aerospace
• Defence
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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