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Injection Moulding Machines Market Increase in Demand for High-performance Plastic Components

08-06-2020 04:20 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Injection Moulding Machines Market Increase in Demand

The various features of injection moulding machines such as robustness, easy to operate, higher manufacturing rates and rapid production, and high quality fuel the growth of the global injection moulding machines market.

The global injection moulding machines market was $15,255 million in 2017 and is projected to reach $22,323 million in 2025, growing at a CAGR of 4.7%. The all-electric segment accounted for around two-fifths of the market share in 2017 and is expected to witness significant growth during the forecast period.

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New sales segment to maintain its dominance throughout the forecast period

Based on solution, the new sales segment held the major market share in terms of revenue in 2017, contributing nearly three-fourths of the total market share. This segment is expected to dominate the market till 2025, owing to increase in focus on development of machines with advanced features including power efficiency, high operating speed, and improved performance.

Based on machine type, all-electric accounted for more than two-fifths of the total market share in 2017 and is expected to maintain its dominance throughout the forecast period. This segment is also estimated to register the highest CAGR of 5.2% from 2018 to 2025.

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Key Findings of the Injection Moulding Machines Market:
• Based on clamping force, the less than 200 tons force segment was the largest revenue-generating segment in 2017.
• In 2017, electric injection moulding machine generated the highest revenue, accounting for almost two-fifths of the market, and is projected to grow at a CAGR of 5.4% from 2018 to 2025.
• The aftermarket segment is projected to grow at a significant CAGR.
• China accounted for approximately half the share of the Asia-Pacific injection moulding machine market in 2017.

Leading market players

Key leading market players analyzed in the research include ARBURG, ENGEL, Husky Injection Molding Systems, Haitian International, Milacron Holdings Corp., KraussMaffei Group, Sumitomo Heavy Industries, Nissei Plastic Industrial Co., Ltd., The Japan Steel Works, and Ube Industries, Ltd.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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