An injection molding machine, also known as an injection press, is a machine that uses the injection molding method to create plastic goods. An injection molding machine is predominantly used to produce little and exact polymer components with complex shapes. The mold which is utilized in the whole process is very costly so the injection molding process is efficient just for large production limits. Injection molding machines are broadly used in the manufacturing of different plastic items, like syringes, automotive parts, bottles and others and this factor help the market development. An injection unit and a clamping unit are the two major components. Advanced processes such as overmolding and insert molding are utilized to make even the most complex parts with exquisite precision in a variety of industries, including aerospace, medical equipment, and automotive. The injection molding machine fills them out according to specifications using custom-made molds, producing identical replicas that can be altered in a variety of ways. The injection molding technique can be used to make a wide range of components and products with a wide range of structures, dimensions, and end-use applications.
Global Injection Molding Machine Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Increasing demand for electric vehicles, rising demand from healthcare industry and growing technological advancement in this field are contributing to the growth of Global Injection Molding Machine Market.
Global Injection Molding Machine Market is valued at USD 9234.1 Million in 2020 and expected to reach USD 11796.1 Million by 2027 with the CAGR of 3.56% over the forecast period.
Arburg GmbH + Co KG is a German machine manufacturing company established in 1923 and headquartered at Loßburg, Baden-Württemberg. Specialties in Injection Moulding Machinery, Additive Manufacturing, Turnkey Projects, and Industry 4.0. Arburg had nearly 3200 Employees and had revenue of $793 Million.
Chen Hsong Holdings Limited company established in 1958 and headquartered at Hongkong China. Specialties in manufacturer and supplier of plastic injection moulding equipment and systems.
Engel is established in 1945 and headquartered at Schwertberg, Upper Austria, 4311, Austria. Specialties in injection molding, injection molding machine manufacturing, process technologies, automation solutions, mold project planning, and plastics industry. Engel had nearly 6,500 employees and had revenue of $1 Billion.
Husky Injection Molding Systems Ltd established in 1953 and headquartered at Queen St South, Bolton, Ontario, L7E 5S5, Canada. Specialties in plastic injection molding, hot runners and controllers, and injection molding systems. Husky Injection Molding Systems Ltd had nearly 4,300 employees and had revenue of $990 Million.
Japan Steel Works, Ltd. is a steel manufacturer established in 1990 and headquartered at Osaki 1-chome, Osaki, Tokyo, 141-0032, Japan. Specialties in all electric injection molding machines. Japan Steel Works had nearly 4,436 employees and had revenue of $2 Billion.
Key Benefits of Global Injection Molding Machine Market Report–
· Global Injection Molding Machine market report covers in depth historical and forecast analysis.
· Global Injection Molding Machine market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
· Global Injection Molding Machine market report helps to identify opportunities in market place.
· Global Injection Molding Machine market report covers extensive analysis of emerging trends and competitive landscape.