Report Format: PDF
Published Date: Dec-2018 | 180 Pages | Report ID: VSR00409
Global Injection Molded Machines Market Size was valued nearly USD 16,650 million by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 2.7% during the forecast period that is 2017-2025. Asia Pacific held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years, which is followed by North America.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
Injection molding machines are machines used to produce plastic and other metal products through injection molding process. The machines consists main part, injection unit and clamping unit. There are various types of injection molding machines depending upon the production of end use products. Using these machines various types of plastic products are manufactured through injection molding process that why these machine are called injection molding machines.
Market Dynamics
The global Injection Molded Machines market was valued at around USD 16,650 million in the year 2017, and it is anticipated grow at CAGR of 2.7% during the assessment period of 2017-2025. The overall application scope of injection molding machines covers automotive, packaging, food & beverages, consumer goods and electrical & electronics and other applications. Several factors supporting the growth globally includes extensive demand of customized plastic products in end use industries, growing plastic consumption as a cheaper substitute to metal products specifically in consumer goods, and to cater manufacturing needs. Furthermore, tremendous growth in automotive industry as a result of growing automotive sales across the globe has surged demand for customized plastic products, which in turn encouraged demand for injection molding machines.
Demand for light weight plastic products is emerging as a major driver in this market and similar trend is anticipated in this market with lucrative growth opportunities. Other than that, consumer goods industry also includes wide array of application wherein injection molding machines are highly used. This is the kind of industry, wherein industry players largely focusing on as result of heavy investment by industry experts and relative growth. On the split side, regulations on the plastic consumption are expected to restrain the overall growth of this market.
Segment Analysis
Based on type, the injection molded machines market is segmented into electric, hybrid and hydraulic. Hydraulic injection molded machines acquired largest market share due to their perfect suitability in the applications wherein requiring high clamping force to hold the mold at high pressure. On the basis of material, the market is segmented into plastic, metal and others. Plastic segment is emerged as a global leader along other material in 2017. Cost effective nature of plastic and its emergence as a substitute to metal products have led to its greater adoption in this market. On the basis of end use, the global market is segmented into automotive, consumer goods, electronics & electronics, packaging, and others.
Regional Analysis
Regionally, the global injection molding machines market is majorly segmented into North America, Europe, Asia Pacific, and the Latin America, Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Asia Pacific region dominated the global market in 2017 and it is further predicted to continue its dominance over the forecast period. Extensive growth in the overall end-use industries is the prominent factor driving the growth of this region. High plastic consumption due to demand from automotive, construction, and consumer goods sectors is also playing major in the growth of this region.
Global Injection Molded Machines Market Size, Share Analysis By Region 2017
North America is the second largest market after Asia Pacific region due to established plastic industry and diverse demand for customized plastic product demand. Europe region is another potential region for plastic injection molding machines. However, the presence of stringent regulatory bodies in this region and poor economic performance of some of the established have impacted the growth of this region. Middle east & Africa and Latin America are emerging markets and considerable growth from both of these regions is expected during the forecasted period.
Global Injection Molded Machines Market Study Objective
1. To forecast the market size of injection molding machines market, along with describing and defining the market, in terms of volume and revenue.
2. Market analysis and forecast of injection molding machines market on the basis of region, substrate and application or end-use industry.
3. To analyze and elaborate significant factors that will have major impact on the growth of injection molding machines market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of injection molding machines market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the injection molding machines market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
Key Players
Major players analyzed and profiled in the global Injection Molded Machines market include ARBURG, ENGEL, Haitian International, Husky Injection Molding Systems, KraussMaffei Group, Milacron Holdings Corp., Nissei Plastic Industrial Co., Ltd., Sumitomo Heavy Industries, The Japan Steel Works, and Ube Industries, Ltd.
Global Injection Molded Machines Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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