Product Code: GVR-2-68038-652-3
Injection Molding Machine Market Growth & Trends:
The global injection molding machine market size is expected to reach USD 22.03 billion by 2030, registering a CAGR of 4.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for injection molding machines in industries such as automotive, consumer goods, packaging, and electronics is projected to fuel the market growth over the forecast period.
The spread of the omicron variant of COVID-19 has increased hospitalization rates in North America, and the demand for plastic molded products witnessed a surge in the medical sector. This is expected to drive the demand for numerous medical devices, thereby fueling the demand for plastics used for developing them using this technology. The increasing consumption of packaging products in the healthcare, cosmetics, personal care, and consumer goods industries is expected to fuel the growth of the packaging industry over the forecast period. This, in turn, is expected to fuel the market growth in the coming years.
Shifting consumer preferences toward electric vehicles owing to the increasing government subsidies regarding EVs, coupled with a growing number of EV charging stations, are expected to have a positive impact on the automotive industry growth. This, in turn, is expected to fuel the growth of the market in the coming years. Injection molding machine manufacturers are focusing on mergers, acquisitions, and partnerships to acquire a large market share and increase the capacity to meet the growing demand from various end-user industries such as automotive, electronics, and consumer goods.
Injection Molding Machine Market Report Highlights:
- By material, the plastic segment led the market with the largest revenue share of 76.7% in 2023 owing to the rapid growth in the consumption of plastic parts in the automotive industry
- The increasing demand for air conditioning units, refrigerators, structural electronics, and several other electronic appliances is expected to drive the market in the industry
- The growing electronics industry across the globe along with the presence of technology-driven companies is expected to play a key role in the growth of the market
- The Asia Pacific region accounted for the largest revenue share of over 39.4% in 2023 owing to the increasing investments in the packaging and electronic industries, coupled with the strong consumer base in countries such as China, Japan, and India
- In May 2020, Milacron launched a new rental option for machinery upgrades through its exclusive financing partner, namely Equipment Finance Group (EFG), to cater to the increasing demand for manufacturing products during the COVID-19 pandemic
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Injection Molding Machine Market Variables, Trends & Scope
- 3.1. Market Segmentation & Scope
- 3.2. Penetration and Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.4. Technology Overview
- 3.5. Regulatory Framework
- 3.6. Impact of Free Trade Agreement
- 3.7. Market Dynamics
- 3.7.1. Market Driver Analysis
- 3.7.2. Market Restraint Analysis
- 3.7.3. Industry Challenges
- 3.7.4. Industry Opportunities
- 3.8. Business Environment Analysis: Injection Molding Machine Market
- 3.8.1. Industry Analysis - Porter's
- 3.8.1.1. Supplier Power
- 3.8.1.2. Buyer power
- 3.8.1.3. Threat of substitutes
- 3.8.1.4. Threat of new entrants
- 3.8.1.5. Competitive rivalry
- 3.8.2. PESTEL Analysis
- 3.8.2.1. Political Landscape
- 3.8.2.2. Economic Landscape
- 3.8.2.3. Social Landscape
- 3.8.2.4. Technological Landscape
- 3.8.2.5. Environmental Landscape
- 3.8.2.6. Legal Landscape
- 3.9. Economic Mega Trend Analysis
Chapter 4. Injection Molding Machine Market: Material Estimates & Trend Analysis
- 4.1. Material Movement Analysis & Market Share, 2023 & 2030
- 4.1.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.2. Plastics
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. Metals
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4. Others
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Injection Molding Machine Market: Technology Estimates & Trend Analysis
- 5.1. Technology Movement Analysis & Market Share, 2023 & 2030
- 5.2. Hydraulic
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3. Electric
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4. Hybrid
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Injection Molding Machine Market: End-Use Estimates & Trend Analysis
- 6.1. End-Use Movement Analysis & Market Share, 2023 & 2030
- 6.1.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2. Automotive
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3. Consumer Goods
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4. Packaging
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5. Electronics
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6. Others
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Injection Molding Machine Market: Regional Estimates & Trend Analysis
- 7.1. Regional Market Snapshot
- 7.2. North America
- 7.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.2.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.2.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.2.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.2.5. U.S.
- 7.2.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.2.5.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.2.5.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.2.5.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.2.6. Canada
- 7.2.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.2.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.2.6.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.2.6.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.2.7. Mexico
- 7.2.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.2.7.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.2.7.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.2.7.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.3.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.3.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.3.5. France
- 7.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.5.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.3.5.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.3.5.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.3.6. Germany
- 7.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.3.6.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.3.6.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.3.7. Italy
- 7.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.7.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.3.7.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.3.7.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.3.8. Spain
- 7.3.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.8.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.3.8.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.3.8.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.3.9. Denmark
- 7.3.9.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.9.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.3.9.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.3.9.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.3.10. Austria
- 7.3.10.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.10.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.3.10.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.3.10.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.4.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.4.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.4.5. China
- 7.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.5.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.4.5.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.4.5.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.4.6. Japan
- 7.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.4.6.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.4.6.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.4.7. India
- 7.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.7.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.4.7.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.4.7.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.4.8. Taiwan
- 7.4.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.8.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.4.8.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.4.8.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.4.9. South Korea
- 7.4.9.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.9.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.4.9.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.4.9.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.5. Central & South America
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.5.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.5.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.5.5. Brazil
- 7.5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.5.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.5.5.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.5.5.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.5.6. Argentina
- 7.5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.5.6.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.5.6.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.6.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.6.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.6.5. UAE
- 7.6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.5.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.6.5.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.6.5.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- 7.6.6. South Arabia
- 7.6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.6.2. Market estimates and forecasts, by material, 2018 - 2030 (USD Million)
- 7.6.6.3. Market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- 7.6.6.4. Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
Chapter 8. Injection Molding Machine Market - Competitive Analysis
- 8.1. Key global players & recent developments & their impact on the industry
- 8.2. Key Company/Competition Categorization
- 8.3. Vendor Landscape
- 8.4. Public Companies
- 8.4.1. Company market position analysis
- 8.5. Private companies
- 8.5.1. List of key emerging companies and their geographical presence
Chapter 9. Company Profiles
- 9.1. Arburg GmbH + Co KG
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Strategic Initiatives
- 9.2. Haitian International Holdings Limited
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Strategic Initiatives
- 9.3. Milacron
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Strategic Initiatives
- 9.4. Nissei Plastic Industrial Co., Limited
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Strategic Initiatives
- 9.5. Engel Austria GmbH
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Strategic Initiatives
- 9.6. Sumitomo (SHI) Demag Plastics Machinery GmbH
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Strategic Initiatives
- 9.7. Chen Hsong Holdings Limited
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Strategic Initiatives
- 9.8. Toyo Machinery & Metal Co., Ltd
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Strategic Initiatives
- 9.9. Husky Injection Molding Systems Ltd
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Strategic Initiatives
- 9.10. Japan Steel Works Limited
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Strategic Initiatives
- 9.11. KraussMaffei Group
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Strategic Initiatives
- 9.12. UBE Machinery
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Strategic Initiatives
- 9.13. Shibaura Machine Co. Ltd.
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Strategic Initiatives
- 9.14. Wittmann Battenfeld
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.14.4. Strategic Initiatives
- 9.15. FANUC
- 9.15.1. Company Overview
- 9.15.2. Financial Performance
- 9.15.3. Product Benchmarking
- 9.15.4. Strategic Initiatives