Injection Molding Machine Market Expected to Witness a Sustainable Growth over 2023

According to Market Study Report, Injection Molding Machine Market provides a comprehensive analysis of the Injection Molding Machine Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry.This report also provides market landscape and market share information in the Injection Molding Machine Market.

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The Injection Molding Machine Market is estimated to be USD 17.08 Billion in 2018 and is projected to reach USD 19.68 Billion by 2023, at a CAGR of 2.9% between 2018 and 2023. This report spread across 165 pages, profiling 13 companies and supported with 123 tables and 37 figures are now available in this research.

Top Companies Profiled in the Injection Molding Machine Market:
• Haitian International (China)
• Chen Hsong (China)
• Milacron (US)
• The Japan Steel Works (Japan)
• Sumitomo Heavy Industries (Japan)
• Arburg (Germany)
• Nessei Plastic (Japan)
• Husky (Canada)
• Engel (Austria)

The all-electric machine type segment is expected to witness the highest growth, in terms of value, from 2018 to 2023.All-electric machines are quieter, faster, and more accurate as compared to other types of injection molding machines, and can save up to 50%-70% energy as compared to hydraulic injection molding machines. All-electric injection molding machines are the most preferred type of injection molding machines owing to their lower use of chilled water, decreased housekeeping and preventive maintenance, lower energy and oil consumption, and lower repair rate.

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The Asia Pacific injection molding machine market is estimated to witness the highest growth due to the rapidly growing automotive, packaging, consumer goods, healthcare, and electrical & electronics end-use industries in the region. Asia Pacific is also home to key players in the injection molding machine market such as Haitian International (China) and ChenHsong(China).

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 (46%), Tier 2 (31%), and Tier 3 (23%)
• By Designation: C-Level(46%), Director Level (27%), and Others (27%)
• By Region: North America (33%), Europe (27%),APAC (27%),Middle East & Africa (6%),and South America (7%)

Competitive Landscape of Injection Molding Machine Market:
1 Introduction
2 Market Share of Key Players
2.1 Haitian International Holdings Limited
2.2 Chen Hsong Holdings Limited
2.3 Engel Austria GmbH
2.4 Sumitomo Heavy Industries Limited
2.5 Milacron Holdings Corp.
3 Competitive Scenario
3.1 Expansions
3.2 New Product Launches
3.3 Contracts & Agreements
3.4 Acquisitions

Reason to access this report:
This research report is focused on various levels of analyses—industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together comprise and discuss the overall view ofthe competitive landscape; emerging and high-growth segments of the injection molding machinemarket; high-growth regions; and market drivers, restraints, opportunities, and challenges.

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This release was published on openPR.