Product Code: SR112023A5880
Market Overview:
The global injection molding machines market size reached US$ 11.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.27% during 2023-2028.
Injection molding machines (IMM), or injection press, refer to mechanical equipment that injects molten materials, such as glass, metal, elastomers, and thermoplastic polymers, into a mold to mass produce identical items. They operate on multiple power sources, which offers flexibility, durability, higher accuracy, optimal strength, aesthetic appeal, and customization. On account of these properties, they are extensively used for manufacturing syringes, power tool housing, telephone handsets, car bumpers, disposable razors, and electrical switches. At present, injection molding machines are commercially available in varying system types, such as standard, multi-component, and liquid silicon rubber (LSR).
Injection Molding Machines Market Trends:
The widespread adoption of injection molding machines across various industrial verticals, including healthcare, automotive, consumer goods, packaging, and electronics, for producing precise polymer components with complex shapes, is driving the market growth. In line with this, the global outbreak of the coronavirus disease (COVID-19) pandemic has intensified the utilization of injecting molding machines for manufacturing large quantities of medical supplies, such as air systems and syringes, which is acting as another growth-inducing factor. Moreover, the increasing demand for all-electric injection molding machines due to their various beneficial properties, such as minimal energy consumption, enhanced precision, high speed, reusability, and low maintenance, is contributing the market growth. Rapid technological advancements, such as the integration of the Internet of Things (IoT) and information and communication technology (ICT) solutions, to improve the manufacturing processes and overall product quality is further propelling the market growth. Other factors, such as rapid urbanization and industrialization, particularly in emerging economies, strategic collaborations amongst key players and the rising investments in the research and development (R&D) activities by the governments of various nations to introduce advanced automated machines are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global injection molding machines market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on machine type, material and application.
Breakup by Machine Type:
- Hydraulic
- Electric
- Hybrid
Breakup by Material:
Breakup by Application:
- Automotive
- Consumer Goods
- Packaging
- Electronics
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arburg GmbH + Co. KG, Chen Hsong Holdings Limited, Engel Holding Gesellschaft mbH, Haitian International, Japan Steel Works Ltd., KraussMaffei (China National Chemical Corporation), Milacron Holdings Corp. (Hillenbrand Inc.), Nissei Plastic Industrial Co. Ltd., Shibaura Machine Co. Ltd., Sumitomo Heavy Industries Ltd., Toyo Machinery & Metal Co. Ltd. and Ube Machinery Corporation Ltd. (Ube Industries Ltd.).
Key Questions Answered in This Report:
- How has the global injection molding machines market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global injection molding machines market?
- What are the key regional markets?
- What is the breakup of the market based on the machine type?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global injection molding machines market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Injection Molding Machines Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Machine Type
- 6.1 Hydraulic
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Electric
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Hybrid
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Material
- 7.1 Plastics
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Metals
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Automotive
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Consumer Goods
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Packaging
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Electronics
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Arburg GmbH + Co. KG
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Chen Hsong Holdings Limited
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.3 Engel Holding Gesellschaft mbH
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Haitian International
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Japan Steel Works Ltd.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 KraussMaffei (China National Chemical Corporation)
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Milacron Holdings Corp. (Hillenbrand Inc.)
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Nissei Plastic Industrial Co. Ltd.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.9 Shibaura Machine Co. Ltd.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.10 Sumitomo Heavy Industries Ltd.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Toyo Machinery & Metal Co. Ltd
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.12 Ube Machinery Corporation Ltd. (Ube Industries Ltd.)
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio