Injection Molding Machine Trends and Forecast
The future of the global injection molding machine market looks promising with opportunities in the automotive, consumer good, packaging, and electronic markets. The global injection molding machine market is expected to reach an estimated $15.4 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are growing consumer demand for robust and lightweight goods, rising interest in cutting-edge electrical technologies, as well as, increasing emphasis on technological developments and a surge in the need for packaging methods to be more efficient.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Injection Molding Machine by Segment
The study includes a forecast for the global injection molding machine by material, technology, end use, and region.
Injection Molding Machine Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Plastics
• Metals
• Others
Injection Molding Machine Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Hydraulic
• Electric
• Hybrid
Injection Molding Machine Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Automotive
• Consumer Goods
• Packaging
• Electronics
• Others
Injection Molding Machine Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Injection Molding Machine Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies injection molding machine companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the injection molding machine companies profiled in this report include-
• Haitian
• Milacron
• Nissei Plastic Industrial
• Engel Austria
• Sumitomo (SHI) Demag Plastics Machinery
• Chen Hsong
• Toyo Machinery & Metal
• Husky Injection Molding Systems
• Japan Steel Works
• UBE Machinery
Injection Molding Machine Market Insights
Lucintel forecasts that plastics is expected to witness the higher growth over the forecast period due to its affordability and lightweight nature, plastic components are being used in the automotive industry at a rapid rate.
Within this market, automotive will remain the largest segment due to growing need for lightweight automotive components and increased automobile output.
APAC is expected to witness highest growth over the forecast period due to expanding demand from a range of end-use industries, a rise in R&D, and supportive government investment policies all contribute to the promotion of industrial growth.
Features of the Global Injection Molding Machine Market
Market Size Estimates: Injection molding machine market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Injection molding machine market size by material, technology, end use, and region in terms of value ($B).
Regional Analysis: Injection molding machine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material, technology, end use, and regions for the injection molding machine market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the injection molding machine market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the injection molding machine market size?
Answer: The global injection molding machine market is expected to reach an estimated $15.4 billion by 2030.
Q2. What is the growth forecast for injection molding machine market?
Answer: The global injection molding machine market is expected to grow with a CAGR of 3.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the injection molding machine market?
Answer: The major drivers for this market are growing consumer demand for robust and lightweight goods, rising interest in cutting-edge electrical technologies, as well as, increasing emphasis on technological developments and a surge in the need for packaging methods to be more efficient.
Q4. What are the major segments for injection molding machine market?
Answer: The future of the global injection molding machine market looks promising with opportunities in the automotive, consumer good, packaging, and electronic markets.
Q5. Who are the key injection molding machine market companies?
Answer: Some of the key injection molding machine companies are as follows:
• Haitian
• Milacron
• Nissei Plastic Industrial
• Engel Austria
• Sumitomo (SHI) Demag Plastics Machinery
• Chen Hsong
• Toyo Machinery & Metal
• Husky Injection Molding Systems
• Japan Steel Works
• UBE Machinery
Q6. Which injection molding machine market segment will be the largest in future?
Answer: Lucintel forecasts that plastics is expected to witness the higher growth over the forecast period due to its affordability and lightweight nature, plastic components are being used in the automotive industry at a rapid rate.
Q7. In injection molding machine market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to expanding demand from a range of end-use industries, a rise in R&D, and supportive government investment policies all contribute to the promotion of industrial growth.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the injection molding machine market by material (plastics, metals, and others), technology (hydraulic, electric, and hybrid), end use (automotive, consumer goods, packaging, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Injection Molding Machine Market, Injection Molding Machine Market Size, Injection Molding Machine Market Growth, Injection Molding Machine Market Analysis, Injection Molding Machine Market Report, Injection Molding Machine Market Share, Injection Molding Machine Market Trends, Injection Molding Machine Market Forecast, Injection Molding Machine Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.