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Injection Molding Machine Market Analysis With Key Players, Applications, Trends And Forecast To 2032
Injection Molding Machine Market
Injection Molding Machine Market Size, Growth Rate, And Forecast
The global injection molding machine market size is expected to grow from $12.38 billion in 2022 to $13.14 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global injection molding machine market size is expected to reach $16.12 billion in 2027 at a CAGR of 5.2%.
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Injection Molding Machine Market Drivers
The growing electronics industry is expected to propel the growth of the injection molding machine market going forward. The electronics industry refers to the sector of the economy that produces electronic components, devices, and systems such as semiconductors, integrated circuits, computer hardware, telecommunications equipment, consumer electronics, and other electronic products. Injection molding machines are used in the electronics industry to provide protection for electronic products, produce less waste than other manufacturing processes, have versatility in material selection, and produce high volumes of parts quickly and efficiently.
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Injection Molding Machine Market Segments
1) By Technology: Hydraulic, Electric, Hybrid
2) By Clamping Force: Less Than 200 Tons Force, 200-500 Tons Force, More Than 200-500 Tons Force
3) By Material: Plastic, Rubber, Metal, Ceramic, Other Materials
4) By Pressure Type: Low Pressure, High Pressure
5) By Application: Automotive, Packaging, Healthcare, Consumer Goods, Toy Making, Building And Construction, Home Appliances, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Injection Molding Machine Market.
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Injection Molding Machine Market Key Players
Major competitors in the Injection Molding Machine Market include Arburg GmbH + Co KG, Haitian International Holdings Limited, Milacron Holdings Corp., Nissei Plastic Industrial Co. Limited, Engel Austria GmbH, Sumitomo (SHI) Demag Plastics Machinery GmbH, Chen Hsong Holdings Limited, Toyo Machinery & Metal Co. Ltd., Husky Injection Molding Systems Ltd., Japan Steel Works Limited, KraussMaffei Group, UBE Machinery, Shibaura Machine Co. Ltd., Wittmann Battenfeld, and Nissei America Inc
The Business Research Company's "Global Injection Molding Machine Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Injection Molding Machine Market Include:
1. Executive Summary
2. Injection Molding Machine Market Characteristics
3. Injection Molding Machine Market Trends And Strategies
4. Injection Molding Machine Market - Macro Economic Scenario
5. Injection Molding Machine Market Size And Growth
........
26. Africa Injection Molding Machine Market
27. Injection Molding Machine Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Injection Molding Machine Market
29. Injection Molding Machine Market Future Outlook and Potential Analysis
30. Appendix
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