PUBLISHER: Lucintel | PRODUCT CODE: 1523012
PUBLISHER: Lucintel | PRODUCT CODE: 1523012
Injection Molding Machine Trends and Forecast
The future of the global injection molding machine market looks promising with opportunities in the automotive, consumer good, packaging, and electronic markets. The global injection molding machine market is expected to reach an estimated $15.4 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are growing consumer demand for robust and lightweight goods, rising interest in cutting-edge electrical technologies, as well as, increasing emphasis on technological developments and a surge in the need for packaging methods to be more efficient.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Injection Molding Machine by Segment
The study includes a forecast for the global injection molding machine by material, technology, end use, and region.
List of Injection Molding Machine Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies injection molding machine companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the injection molding machine companies profiled in this report include-
Injection Molding Machine Market Insights
Lucintel forecasts that plastics is expected to witness higher growth over the forecast period due to its affordability and lightweight nature, plastic components are being used in the automotive industry at a rapid rate.
Within this market, automotive will remain the largest segment due to growing need for lightweight automotive components and increased automobile output.
APAC is expected to witness the highest growth over the forecast period due to expanding demand from a range of end-use industries, a rise in R&D, and supportive government investment policies all contribute to the promotion of industrial growth.
Features of the Global Injection Molding Machine Market
Market Size Estimates: Injection molding machine market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Injection molding machine market size by material, technology, end use, and region in terms of value ($B).
Regional Analysis: Injection molding machine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material, technology, end use, and regions for the injection molding machine market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the injection molding machine market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the injection molding machine market size?
Answer: The global injection molding machine market is expected to reach an estimated $15.4 billion by 2030.
Q2. What is the growth forecast for injection molding machine market?
Answer: The global injection molding machine market is expected to grow with a CAGR of 3.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the injection molding machine market?
Answer: The major drivers for this market are growing consumer demand for robust and lightweight goods, rising interest in cutting-edge electrical technologies, as well as, increasing emphasis on technological developments and a surge in the need for packaging methods to be more efficient.
Q4. What are the major segments for injection molding machine market?
Answer: The future of the global injection molding machine market looks promising with opportunities in the automotive, consumer good, packaging, and electronic markets.
Q5. Who are the key injection molding machine market companies?
Answer: Some of the key injection molding machine companies are as follows:
Q6. Which injection molding machine market segment will be the largest in future?
Answer: Lucintel forecasts that plastics is expected to witness higher growth over the forecast period due to its affordability and lightweight nature, plastic components are being used in the automotive industry at a rapid rate.
Q7. In injection molding machine market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to expanding demand from a range of end-use industries, a rise in R&D, and supportive government investment policies all contribute to the promotion of industrial growth.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.