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Global Injection Molding Machine Market to reach USD 20.9 billion by 2025.
Global Injection Molding Machine Market valued approximately USD 16 billion in 2016 is anticipated to grow with a healthy growth rate of more than 3 % over the forecast period 20172025 The growth of the market is driven by the high demand from the packaging industry, rising demand for energy saving, growing automotive industry, and advancements in injection molding technology. Based on enduse industry, the injection molding machine market has been segmented into automotive, packaging, consumer goods, healthcare, electrical electronics, and others. The automotive enduse industry segment is estimated to grow at the highest rate, in terms of both, value and volume, during the forecast period. The growth of this segment can be attributed to the increasing production of vehicles and rising demand for lightweight automotive components in developed and emerging regions.
Asia Pacific is estimated to be the fastestgrowing region for injection molding machines during the forecast period, in terms of value. Rapidly growing enduse industries, competitive manufacturing costs, rising demand from the automotive industry, and high economic growth rates are the major factors for the growth of the injection molding machine market in this region. The use of injection molding machines for lower production capacities is less economical, which is a major factor restraining the growth of the market.
The objective of the study is to define market sizes of different segments countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and subsegment of the market are explained below:
By Product Type:
By Machine Type:
Hydraulic Injection Molding Machine
All Electric Injection Molding Machine
Hybrid Injection Molding Machine
By Clamping Force:
Above 500 Ton Force
By EndUse Industry:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year 2015, 2016
Base year 2017
Forecast period 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Haitians International Holdings Limited, Sumitomo Heavy Industries Limited, The Japan Steel Works Ltd, Chan Hsong Holdings Limited, Milacron Holdings Corp, Engel Austria GmbH, Arburg GmbH Co. Kg, Nissei Plastic Industrial Co., Ltd, Husky Injection Molding Systems Ltd, Dongshin Hydraulic Co., Ltd and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Injection Molding Machine Market in Market Study:
Key Consulting Companies Advisors
Large, mediumsized, and small enterprises
ValueAdded Resellers VARs
Thirdparty knowledge providers
Original Article: Global Injection Molding Machine Market Size study, by Product Type Plastic, Rubber, Metal, Ceramic, by Machine Type Hydraulic Injection Molding Machine, All electric Injection Molding Machine, Hybrid Injection Molding Machine, by Clamping Force 0200 TonNEXT ARTICLE
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