The global micro injection molding market should grow from $904.3 million in 2020 to $1.6 billion by 2025, at a compound annual growth rate (CAGR) of 11.8% during the period of 2020-2025.
- The North American micro injection molding market should grow from $330.6 million in 2020 to $579.8 million by 2025, at a CAGR of 11.9% during the period of 2020-2025.
- The Asia-Pacific micro injection molding market should grow from $257.9 million in 2020 to $456.5 million by 2025, at a CAGR of 12.1% during the period of 2020-2025.
This report focuses on the growing use of micro injection molding and how the market is expected to perform in the coming years. The report provides in-depth knowledge of the micro injection molding market and the challenges faced by the various market players. The goal of this study is to identify how the micro injection molding market is performing and what are the new and upcoming technologies in the market. It offers a detailed view of the market, which is further bifurcated by type and end user. This report provides current market values, expected market values in the next five years, average growth rates, drivers, restraints, and opportunities for the market.
The report offers insights on the development and advancement of technology, and analysis of the global industries driving the demand for efficient parts and components. It details the rise in adoption of minimally invasive surgical procedures which require the use of instruments and techniques that cause less damage to the body compared to normal surgery; these procedures are fueling the micro injection molding market. The report also covers the increasing automotive industry demand for micro-sized gears, connectors and switches and the increase in the incorporation of mechatronics in vehicles, which is expected to boost the market for micro injection molding in the automotive industry. The main objective of the study is to offer various aspects important for the micro injection molding market in the next five years.
This report offers insight on the types of polymers used during the molding process and is segmented by type:
- Polyethylene (PE)
- Polycarbonate (PC)
- Polyether ether ketone (PEEK)
- Others (polyoxymethylene, liquid crystal polymer, polymethylmethacrilate, polyamide)
This micro injection molding market report offers insights on the end-use applications where these parts are used and is segmented by end user, including:
- Medical and healthcare
- Automotive
- Telecom fiber optics
- Micro drive systems and controls
- Others (aerospace, defense)
The market has been defined by segments and regions and further bifurcated into regions and countries. In addition, the report offers comprehensive factors, including drivers, restraints, challenges and opportunities, which provide an overall picture of global trends and market opportunities.
The report includes:
- 39 tables
- Comprehensive overview of the global markets for micro injection molding - a key technology for the micro manufacturing of high-precision small components and parts
- Analyses of the global market trends, with data corresponding to market size for 2019, estimates for 2020, and projections of compound annual growth rates (CAGRs) through 2025
- Latest information on market opportunities, prospects and threats, new and upcoming technologies, merger and acquisition deals, and other developments in the micro injection molding market
- Assessment of the actual market size, market estimation and forecast, and market share analysis of micro injection molding market based on type of polymer material, end-use and geographical region
- Competitive landscape of the market leading participants, their company share analysis, market positioning and research priorities
- Detailed profiles of the major listed companies, including Accumold, Microsystems U.K., Microdyne Plastics Inc., MTD Micro Molding, Rapidwerks Inc., and Sumitomo (SHI) Demag Plastics Machinery GmbH
In this report, the geographic regions considered for market analysis include:
- North America
- United States
- Mexico
- Canada
- Europe
- U.K.
- Germany
- Italy
- Asia-Pacific
- China
- India
- Central and South America
- Brazil
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