An
Injection molding machine is a machine for manufacturing plastic products by
injection molding process, also known as an injection press. It comprises of
two main parts, an injection unit and a clamping unit. All-electric injection
molding machines function with digital control systems. Its main components are
mechanically driven, which run with a high level of consistency. It is designed
to use electromechanical actuators to remove fluid power (control valves,
hydraulic pumps, and actuators) from the machine. It reduce improve control,
energy consumption, and increase productivity over the conventional hydraulic
technology. These benefits are widely touted by all-electric machine manufacturers
based on generic mold testing & client testimonials.
The
key energy benefits are included reduced energy consumption during idle
operation, elimination of frictional & internal leakage losses within
hydraulic lines and reduced cooling requirements. In addition, some of the
non-energy key benefits are included improved consistency, improved control,
cleanliness, elimination of hydraulic fluid, reduced cycle time, high speed and
improved working environment.
According
to study, “World
All-Electric Injection Molding Machine Market Research Report 2024(Covering
USA, EU, China, South East Asia, Japan and etc)” the key companies
operating in the world all-electric injection molding machine market are
Sumitomo (SHI) Demag Plastics Machinery GmbH, Engel Austria GmbH, Toshiba
Corp., Toyo, Nissei Plastic Industrial Co. Limited, Arburg GmbH & Co. KG,,
LS Mtron, Niigata, Fanuc, Negri Bossi, JSW Plastics Machinery, Wittmann
Battenfeld, KraussMaffei, Woojin Plaimm, Mitsubishi, Milacron Holdings Corp.,
UBE Machinery, Victor Taichung, Stork, Chen Hsong Holdings Limited, Haitian
International Holdings Limited,, Mistubishi, Donghua, Borch, GSK, Shuangma,
Yizumi. The key manufacturers are focusing on developing equipment that
decrease production & maintenance costs, reduce wastage & production
time and provide production flexibility.
Based
on type, all-electric injection molding machine market is segmented into heavy
type (>1000T), medium type (30 T~1000T) and light type (<30 T). Based on
application, market is segmented into auto parts, insert molding, ceramic
components, thin-walled or specialty plastics products and Packaging products
enterprises (such as plastic bottles). In addition, based on end-use, market is
segmented into consumer electronic, food & pharmacy, defense & aviation,
home appliances and automobile industry.
The
all-electric injection molding machine market is driven by high demand from
packaging industry, followed by growth in automotive industry, advancement in
injection molding technology, rise in industrialization, increase in strength
of injection molds along with good product consistency, advanced processing
capabilities, growth in infrastructure, increase in research & development
(R&D) initiatives, rapid urbanization, and increase in awareness about energy
saving. However, high initial tooling & machinery cost, part design
restrictions and growth of bio-based polymers may impact the market. Moreover,
rise in demand from healthcare industry is a key opportunity for market.
Based
on geography, Japan and China countries holds major share in all-electric
injection molding machine market owing to increase in demand from automotive
& electronic industry, rise in population and growth in end-user industries
in the countries. EU and USA are expected to witness higher growth rate due to
highly skilled workforce and presence of advanced infrastructure &
technology over the forecast period. It is anticipate that future of the market
will be bright on account of high adoption of technology coupled with production
costs of developed processes over the forecast period.
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Ankur
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