Global Injection Molding Machine Market Research Report 2023(Status and Outlook)

Global Injection Molding Machine Market Research Report 2023(Status and Outlook)

Report Overview

Injection molding machine (referred to as injection machine or injection molding machine) is the use of plastic molding mold thermoplastic or thermosetting material into various shapes of plastic products of the main molding equipment. The working principle of injection molding machine is similar to the syringe used for injection. It is with the help of the screw (or plunger) of the thrust, the plastic has been plasticized good melting state (i.e. viscous flow state) injected into the closed cavity of the mold, and the process of the product is obtained after solidification.

Injection molding is a cyclic process, each cycle mainly includes: quantitative feeding -- melt plasticizing -- pressure injection -- mold filling and cooling -- mold opening and taking parts. After removing the plastic parts, the mold is closed again and the next cycle is carried out. Injection molding is a cyclic process, each cycle mainly includes: quantitative feeding - melt plasticizing - pressure injection - mold cooling - open mold to take parts, take out plastic parts and then close the mold, the next cycle.

Injection molding machine is usually composed of injection system, mold closing system, power system, electrical control system, lubrication system, heating and cooling system, safety monitoring system and so on.

Major local manufacturers of injection molding machines include Haitian International, Zhensheng Group, Tairi Machinery, Datong Machinery, Ligen and Izumi, while foreign manufacturers include Arburg GmbH, Engel Holding GmbH, Husky, Sumitomo Heavy Industries, Kraussmaffei, Nissei Plastic, UBE Machinery, Toyo, Milacron, JSW Plastics Machinery, Fanuc, Shibaura Machine, Wittmann Battenfeld, Windsor, etc. Haitian International is the world's largest manufacturer of injection molding machines, with sales of more than 32,000 units in 2019, accounting for 22% of the global market. High-end products are mainly from Japan and Europe.

Asia Pacific is the largest consumption place, with a consumption market share nearly 55% in 2019. Following Asia Pacific, Europe is the second largest consumption place with the consumption market share of 25%.

Injection molding machine according to the drive system is divided into hydraulic, electric and electro - hydraulic mixed three. Electric injection molding machine is the most advanced, energy saving and environmental protection, and high precision, but the price is higher than the hydraulic injection molding machine. Hydraulic injection molding machines are noisier, use more energy and emit more pollutants. Electro-hydraulic composite injection molding machines achieve a better balance in terms of price and energy efficiency. Large injection moulding machines are hydraulic driven, medium and small injection moulding machines are electric driven. The development of hydraulic injection molding machine has accumulated many years of experience, can carry out high-speed filling, electric injection molding machine has the advantages of low energy consumption, excellent control, stability and environmental protection. At present, the market is still dominated by hydraulic injection molding machine, accounting for about 70% of the market, but the all-electric injection molding machine is becoming more and more popular.

From the analysis of product specifications, small and medium-sized models (clamping force ≤650 tons) occupy more than 90% of the market; From the analysis of the application of products, the general plastics, automobile industry and household appliances industry occupy a large market share respectively. However, affected by the US tariff policy starting from July 2018, the downstream industries of injection molding machines, such as household appliances, 3C and other industries, are under great downward pressure, leading to extremely fierce competition among injection molding machine enterprises.

The Global Injection Molding Machine Market Size was estimated at USD 8181.30 million in 2022 and is projected to reach USD 9527.49 million by 2029, exhibiting a CAGR of 2.20% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Injection Molding Machine market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Injection Molding Machine Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Injection Molding Machine market in any manner.

Global Injection Molding Machine Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Haitian International

ENGEL Holding GmbH

KraussMaffei

ARBURG GmbH

Fanuc

Husky

Milacron

Sumitomo Heavy Industries

Shibaura Machine

Nissei Plastic

JSW Plastics Machinery

Wittmann Battenfeld

Chen Hsong Injection Molding Machinery

Toyo

Guangdong Yizumi Precision Machinery Co.,Ltd.

UBE Machinery

L.K. Technology Holdings Limited

Cosmos Machinery

TEDERIC Machinery

Windsor

Market Segmentation (by Type)

Clamping Force: Below 250T

Clamping Force: 250-650T

Clamping Force: Above 650T

Market Segmentation (by Application)

Industrial Automation

Transportation & Harbor

Network Appliance

Entertainment & Public service

Energy & Utilities

Data Centers

Military & Aerospace

Education & Development

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Injection Molding Machine Market

Overview of the regional outlook of the Injection Molding Machine Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

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