Press release
Plastic Injection Molding Machines Market Exploring the Growth of 4.9% CAGR By 2030
Plastic Injection Molding Machines Market
The global plastic injection molding machines market generated $8.37 billion in 2020, and is projected to reach $12.72 billion by 2030, witnessing a CAGR of 4.9% from 2021 to 2030.
The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
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The report offers detailed segmentation of the global plastic injection molding machines market based on clamping force, mode of operation, material, type, application, and region.
Based on mode of operation, the hydraulic segment held the highest market share in 2020, holding around two-fifths of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the all-electric segment is estimated to register the highest CAGR of 4.2% from 2021 to 2030.
Based on application, the automotive segment held the largest market share in 2020, holding around one-fourth of the total market share, and is expected to continue its leadership status during the forecast period. However, the medical segment is projected to register the highest CAGR of 4.8% from 2021 to 2030.
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Based on region, Asia-Pacific contributed to the highest share in terms of revenue in 2020, holding around half of the total market share, and is estimated to continue its dominant share by 2030. However, LAMEA is projected to manifest the fastest CAGR of 4.9% during the forecast period.
List of Companies Profiled:
Leading players of the global plastic injection molding machines market analyzed in the research include ARBURG GmbH + Co KG, ENGEL Austria GmbH, Haitian International Holding Ltd, Husky Injection Molding Systems, Krauss Maffei Group, Milacron Holdings Corp., Shibaura Machine Co Ltd., Sumitomo Heavy Industries, The Japan Steel Works, and Ube Industries, Ltd.
Read Full Research Report: https://www.alliedmarketresearch.com/plastic-injection-molding-machines-market-A13698
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