Press release
Injection Molding Machine Market: The global market is expected to grow at a CAGR of 4.6% during the forecasted period.
As per the study initiated by Evolve Business Intelligence, the global Injection Molding Machine Market size accounted for USD 14.5 Billion in 2022, growing at a CAGR of 4.6% from 2023 to 2033. The Injection Molding Machine Market refers to the global market for injection molding machines, which are widely used in the manufacturing industry for the production of plastic products.The market for injection molding machines is driven by the demand for plastic products in various industries such as automotive, packaging, consumer goods, electronics, medical devices, and others. The machines offer advantages such as high production efficiency, repeatability, and the ability to produce complex shapes and intricate details.
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Key Highlights:
• The global Injection Molding Machine Market size was valued at USD 14.5billion in 2022 growing at a CAGR of 4.6% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on the Global Injection Molding Machine Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors' market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID 19 impact, the Injection Molding Machine Market report also includes the following data points:
• COVID19 Impact on Injection Molding Machine Market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Injection Molding Machine Market
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Key Players
Some of the major Injection Molding Machine Market players holding high market share include Chen Hsong Holdings Limited, Toyo Machinery & Metal Co. Ltd, Husky Injection Molding Systems Ltd and Japan Steel Works Limited. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• 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
Segmental Analysis
Market Segment By Material with focus on market share, consumption trend, and growth rate of Injection Molding Machine Market:
• Plastics
• Metals
Market Segment By Technology with focus on market share, consumption trend, and growth rate of Injection Molding Machine Market:
• Hydraulic
• Electric
• Hybrid
Market Segment By end-use with focus on market share, consumption trend, and growth rate of Injection Molding Machine Market:
• Automotive
• Consumer goods
• Packaging
• Electronics
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Global Injection Molding Machine Market Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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