PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1492451
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1492451
Industrial Microwave Heating Equipment Market Introduction and Overview
According to SPER Market Research, 'Injection Molding Machine Market Size- By Applications, By Clamping Force, By End Use, By Machine Type, By Product, By Sales- Regional Outlook, Competitive Strategies and Segment Forecast to 2032' states that the Global Injection molding machine market is estimated to reach USD 15.16 billion by 2032 with a CAGR of 3.84%.
Injection molding is a manufacturing process that creates parts by injecting molten material into a mold. The market for machines used in this process is known as the worldwide injection molding machine market. While it is similar to die casting in several aspects, it uses different raw materials. Die casting employs metals that must melt at extremely high temperatures, unlike injection molding, which uses glass, elastomers, and most commonly thermoplastic and thermosetting polymers.
Due to a halt in demand from a number of end-user organizations, the COVID-19 pandemic caused supply chain disruptions that resulted in financial losses for the service provider. Automation has been used by companies to shorten the length of the production cycle, and since the introduction of economic stimulus packages, automation has enhanced productivity and profitability.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Equipment, By Application
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered CoberMuegge LLC, Communications & Power Industries LLC (CPI), Hitachi Power Solutions Co. Ltd., Industrial Microwave Systems Ltd., L3 Electron Devices, Richardson Electronics Ltd., Teledyne e2v Limited, and Toshiba Hokuto Electronics Corporation, Others.
Global Injection Molding Machine Market Segmentation
By Clamping Force- Based on the Clamping Force, Global Injection Molding Machine Market is segmented as; Less Than 200 Tons Force, 200-500 Tons Force, More Than 200-500 Tons Force.
By End Use- Based on the End Use, Global Injection Molding Machine Market is segmented as; Automotive, Packaging, Others
By Machine type- Based on the Machine Type, Global Injection Molding Machine Market is segmented as; All-Electric, Hydraulic, Hybrid
By Product- Based on the Product, Global Injection Molding Machine Market is segmented as; Ceramic, Metal, Plastic, Rubber, Others