Injection Moulding Machine Market (Product Type - Plastics, Rubber, Ceramic, and Others; Machine Type - Electric, Hybrid, and Hydraulic; Clamping Force - Less than 200 Tons Force, 200 Tons Force to 500 Tons Force, and More than 500 Tons Force; End-use Industry - Automotive, Consumer Goods, Packaging, Healthcare, Electrical & Electronics, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

A recent report published by Infinium Global Research on injection moulding machine market provides an in-depth analysis of segments and sub-segments in the global as well as regional injection moulding machine market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional injection moulding machine market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global injection moulding machine market. According to the report, the global injection moulding machine market is projected to grow at a CAGR of 2.7% over the forecast period of 2020-2026.

Market Insight

Injection Moulding Machines offer efficient packaging with high precision for delicate and complex products including electronics, and mobile phones providing applications to Automotive, aviation, aerospace, electronics, machinery and healthcare. Additionally, the current concern over the spread of coronavirus is also expected to have a negative impact on the injection moulding machine market. As a consequence, any process or service that is deemed “non-essential” is being shut down immediately. Owing to this, the COVID-19 outbreak has heavily impacted on temporary shutdown and slowdown of manufacturing industry, particularly, the automotive industry. Additionally, automotive and packaging facing significant decline as an extension in lockdown impact production and consumer demand. However, sufficient surge from end user industries for packaging products will increase demand and offer a steady growth to the market in the forecast period.

The global rise in the number of automotive and packaging industry is driving the demand for Injection moulding machine in the manufacturing industry. Injection moulding machines are mechanical systems that use injection moulding process to produce injection moulded plastics products such as automotive body parts, cell phone cases, containers, and water bottles. Injection moulding remains the most popular manufacturing process for plastic materials in mass production owing to its low operational cost, high throughput, and the flexibility to make parts with complex parts of good quality. Rapid growth in population and growing industrialization in emerging countries are some considering factors for the growth of the injection moulding machine market. increased emphasis on the use of energy-efficient machines in major end user industries and rising usage of electric injection moulding machine will accelerate the demand for the market growth. Further, the rapid rise in need of production owing to the rising demand for lightweight and cost-effective products are anticipated to improve the adoption of hybrid machines. However, high cost associated injection moulding machines may hamper the demand for market growth. In addition, rapid technological developments and design advancements will offer lucrative opportunities for the injection moulding machine market in the forecast period. 

Among the geographies, the Asia Pacific region is expected to hold the largest share in the global injection moulding machine market and is projected to account for a major share during the projection period. Emerging markets with tremendous growth potential such as China and India are witnessing increasing focus of major market players on product development for improving productivity and ensuring product quality. Moreover, the European markets are anticipated to grow with the sustainable CAGR owing to availability of developed technology and increasing focus on R&D activities.

Segment Covered

The report on global injection moulding machine market covers segments such as product type, machine type, clamping force, and end-use industry. On the basis of product type, the sub-markets include plastics, rubber, ceramic, and others. On the basis of machine type, the sub-markets include electric, hybrid, and hydraulic. On the basis of clamping force, the sub-markets include less than 200 tons force, 200 tons force to 500 tons force, and more than 500 tons force. On the basis of end-use industry, the sub-markets include automotive, consumer goods, packaging, healthcare, electrical & electronics, and others.

Companies Profiled:

The report provides profiles of the companies in the market such as Haitian International Holdings Limited, The Japan Steel Works, Arburg GmbH & Co. KG, Engel Austria GmbH, Chen Hsong Holdings Limited, Milacron Holdings Corp., Sumitomo Heavy Industries, Husky Injection Moulding Systems, KraussMaffei Group, and Nissei Plastic Industrial Co., Ltd..

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of injection moulding machine market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.