Injection molding machine market projected to register a CAGR of 2.2%. The market size of injection molding machine is expected to reach $4.86 billion by 2021, registering a CAGR of 2.2% between 2016 and 2021. The growth of injection molding machine market is primarily triggered by its huge demand from the Asia-Pacific region and growing end-use industries, such as automotive, consumer goods, packaging, healthcare, and electrical & electronics. Liberalization of foreign trade & investments and change in industrial policies has triggered rapid industrialization in China, for the past three decades. This, in turn, is contributing to the increasing demand for injection molding machine in the Asia-Pacific region. Complete report on injection molding machine market spread across 197 pages, profiling 12 companies and supported with 135 tables and 75 figures is now available at http://www.rnrmarketresearch.com/injection-molding-machine-market-by-product-type-plastic-rubber-metal-and-ceramic-machine-type-hydraulic-all-electric-and-hybrid-end-use-industry-automotive-consumer-goods-packaging-healthcare-elect-st-to-2021-market-report.html .
Asia-Pacific projected to be fastest-growing injection molding machine market during the forecast period. Asia-Pacific is projected to be the largest market for injection molding machine, globally. Domestic and foreign investments in the key sectors such as automotive, consumer goods, and packaging have been consistently growing for the past decade. The increasing disposable income of people and industrial growth in the Asia-Pacific region led to the increasing demand of automobiles. As a result, there has been a consistent rise in number of vehicles in the region for the past decade, which is ultimately fueling the demand for injection molding machine in the region. In addition, the presence of the key market players drives the injection molding machine market in Asia-Pacific.
The report for the injection molding machine market is helpful to:
- Injection molding machine manufacturers
- Injection molding machine suppliers
- Government and research organizations
- Injection molding machine traders, distributors, and suppliers
- Investment banks and private equity firms
- Raw material suppliers
- Service providers
- End users such as automotive, packaging, healthcare, and other companies
Some of the key companies profiled in this report are Haitian International Holdings Limited (China), Chen Hsong Holdings Limited (China), Sumitomo Heavy Industries (Japan), Milacron Holdings Corp. (U.S.), Engel Austria GmbH (Austria), Nissei Plastic Industrial Co., Ltd., (Japan), Arburg GmbH & Co. KG (Germany), Husky Injection Molding Systems Ltd. (Canada), Dongshin Hydraulic Co., Ltd. (Korea), The Japan Steel Works Ltd. (Japan), KraussMaffei Group GmbH (Germany), and Negri Bossi S.P.A. (Italy). Make an Inquiry on “Injection Molding Machine Market by Product Type (Plastic, Rubber, Metal, and Ceramic), Machine Type (Hydraulic, All-Electric, and Hybrid), End-Use Industry (Automotive, Consumer Goods, Packaging, Healthcare & Electrical and Electronics) & by Region - Global Forecast to 2021” research report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=606048 .
Hydraulic injection molding machine led the global injection molding machine market in 2015. Higher demand for hydraulic injection molding machine is mainly attributed to its longer service life, lower cost, technical advantages, enhanced performance, and widespread applications. These types of machines help in significant reduction in production cycle time. Since, hydraulic injection molding machine is the major type of injection molding machine, its growing demand drives the injection molding machine market.
While making strategic decisions in business, timely and useful information is required. The injection molding machine market report meets the requirements of various stakeholders, including material suppliers, product manufacturers, investors, and executives. Some of the salient features of this report are:
- Porter’s Five Forces Analysis
- Value Chain Analysis
- Market Segmentation (Type, End-use Industry, and Region), by Volume and Value
- Competitor Analysis
- Detailed Information on Strategic Developments in the Industry
In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (30%), Tier 2 (43%) and Tier 3 (27%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level Executives (21%), Director Level (23%) and others (56%) from various key organizations operating in the global injection molding machine market. The primary interviews were conducted worldwide covering regions such as North America (37%), Europe (23%), APAC (26%), and RoW (14%).
On a related note, another research titled Hydraulic Power Unit Market Global Trends & Forecast to 2019 says, the global HPU market size is projected to reach $6.0 billion by 2019. The Asia-Pacific region remains the largest market for HPUs. Companies like Bosch Rexroth AG (Lohr a. Main, Germany); Parker Hannifin Corporation (Ohio, U.S.); Nachi-Fujikoshi Corporation (Tokyo, Japan); Brevini Fluid Power S.p.A (Milan, Italy); and Hydac International GmbH (Sulbach, Germany) have been profiled in this 177 pages research report available at http://www.rnrmarketresearch.com/hydraulic-power-unit-market-by-applications-mobile-industrial-others-operating-pressure-psi-3000-by-region-apac-north-america-latin-america-europe-the-middle-east-africa-globa-market-report.html .
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