According
to a new report published by Allied Market Research, titled,"Injection
Moulding Machines Market: Global Opportunity Analysis and Industry Forecast,
2018-2025,"the global injection moulding machines market was USD
15,255 million in 2017, and is projected to reach USD 22,323 million in 2025,
growing at a CAGR of 4.7%. The all-electric segment accounted for around
two-fifths of the market share in 2017 and is expected to witness significant
growth during the forecast period.
Based
on the machine type, the all-electric injection moulding machine segment is
expected to account for the largest share in the global market during the
forecast period as electric injection moulding machines consumes only around
40% energy as compared to the hydraulic ones in addition to huge benefits
offered by them such as high precision and repeatability. Based on the clamping
force, less than 200 tons force segment is expected to account for the maximum
share during the forecast period. This is attributed to industries such as
automotive, packaging, consumer goods, and others, opting for smaller injection
moulding machinery to produce small sized parts.
Key Findings of theInjection Moulding
Machines Market:
Based
on clamping force, the less than 200 tons force segment was the largest
revenue-generating segment in 2017.
In
2017, electric injection moulding machine generated the highest revenue,
accounting for almost two-fifths of the market, and is projected to grow at a
CAGR of 5.4% from 2018 to 2025.
The
aftermarket segment is projected to grow at a significant CAGR.
China
accounted for approximately half the share of the Asia-Pacific injection
moulding machine market in 2017.
Key
players in this market adopted product launch, partnership, and expansion as
their key strategies to meet the change in consumer demands. Furthermore, they
launched energy-effective injection moulding machines of different sizes to
strengthen their market position. The key players profiled in this report
include ARBURG, ENGEL, Haitian International, Husky Injection Molding Systems,
KraussMaffei Group, Milacron Holdings Corp., Nissei Plastic Industrial Co.,
Ltd., Sumitomo Heavy Industries, The Japan Steel Works, and Ube Industries,
Ltd.
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Ken
Research
Ankur
Gupta, Head Marketing & Communications
+91-9015378249
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