Report Ocean recently released a research report on the Plastic Injection Molding Machine Market, which covers the market’s historical growth, cost structure, revenue, trends, and potential prospects for the period 2023-2031. The report provides an extensive coverage of the market across various categories and includes a detailed analysis at the national level, along with an evaluation of the key drivers, restraints, trends, and opportunities in the market.
The global plastic injection molding machine market size was US$ 9.5 billion in 2021. The global plastic injection molding machine market is forecast to grow to US$ 14.5 billion by 2030, registering a compound annual growth rate (CAGR) of 4.8% during the forecast period from 2022 to 2030.
Plastic injection molding machines are used to make machine parts and plastic products, including medical equipment, toys, etc. During the process, the molten material is injected into the mold and then cooled down to develop the shape of the cavity.
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Factors Influencing the Market Growth
The market is witnessing increasing demand for injection molding machines in packaging, healthcare, automotive, consumer products, electrical & electronics, and other industries. Thus, it will benefit the global plastic injection molding machine market during the study period.
Growing industrialization in emerging countries, such as India, China, and Thailand, is forecast to contribute to the market growth.
Increasing demand for lighter and low-cost vehicles is forecast to propel the growth of the global plastic injection molding machines market during the study period.
Due to their cost-effective and energy-efficient properties, the global plastic injection molding machine market is forecast to gain huge traction during the study period. In addition, the plastic injection molding machine market will benefit from technological advancements such as the integration of IoT into machines.
The growing awareness regarding the necessity of conserving energy is forecast to benefit the plastic injection molding machine market. It will increase the demand for all-electric plastic injection molding machines as they save energy and are reusable.
Environmental concerns associated with the equipment may hamper the growth of the global plastic injection molding machine market.
Market Segmentation
The Asia-Pacific plastic injection molding machine market is forecast to hold the highest share, owing to the growth of end-use industries, including automotive, machinery manufacturing, and electronics. Moreover, China is forecast to be the major contributor to the market growth due to the presence of various prominent players.
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COVID-19 Impact Analysis
The end-use industry of the plastic injection molding machines, including automotive, and electronics witnessed significant drawbacks during the COVID-19 pandemic. As a result, it halted the growth of the global plastic injection molding machine market. In addition, the manufacturing machinery industry had to stop the activities for a short period of time. Thus, it significantly impacted the growth of the plastic injection molding machine market.
Competitors in the Market
- Arburg GmbH & Co. KG
- Boco Pardubice Machines S.R.O.
- Borche North America Inc.
- Chen Hsong Holdings Limited
- Dongshin Hydraulic Co. Ltd.
- Dr. Boy GmbH & Co. KG
- Engel Austria GmbH
- Fu Chun Shin Machinery Manufacture Co. Ltd.
- Haitian International Holdings Limited and Hillenbrand, Inc
- Other Prominent Players
Market Segmentation
The global plastic injection molding machine market segmentation focuses on Type, End-User, and Region.
By Type
- Electric
- Hybrid
- Hydraulic
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By End-User
- Automotive
- Medical
- Consumer goods
- Electronics
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
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- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Table of Content
Chapter 1: Global Plastic Injection Molding Machine Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Plastic Injection Molding Machine market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Plastic Injection Molding Machine Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Plastic Injection Molding Machine market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Plastic Injection Molding Machine market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Plastic Injection Molding Machine market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Plastic Injection Molding Machine market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Plastic Injection Molding Machine business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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