The injection molding machine market size has grown strongly in recent years. It will grow from $13.83 billion in 2024 to $14.58 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to industrialization and mass production, material innovation and development, consumer product evolution, environmental concerns and regulations, cost-effectiveness and production efficiency.
The injection molding machine market size is expected to see strong growth in the next few years. It will grow to $18.17 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to increasing demand for precision and efficiency, industry 4 integration, shift towards sustainable manufacturing, market expansion in emerging economies, customization and flexibility demands. Major trends in the forecast period include global market expansion and diversification, shift towards electric machines, demand for high-speed and high-pressure machines, sustainability and energy efficiency.
The expanding electronics industry is anticipated to drive the growth of the injection molding machine market in the future. This sector encompasses the production of electronic components, devices, and systems, including semiconductors, integrated circuits, computer hardware, telecommunications equipment, consumer electronics, and various other electronic products. Injection molding machines are utilized in the electronics industry to protect electronic products, generate less waste compared to other manufacturing processes, offer versatility in material selection, and produce large volumes of parts quickly and efficiently. For example, in May 2023, the Japan Electronics and Information Technology Industries Association, a Japan-based trade organization, reported that total electronic equipment production in Japan reached $4.91 billion (¥771,457 million). Additionally, consumer electronics production in May 2023 amounted to $204.67 million (¥32,099 million), up from $161.12 million (¥25,268 million) in May 2022. Therefore, the growth of the electronics industry is propelling the injection molding machine market forward.
The injection molding machine market is poised for growth due to the rising automotive industry. The automotive sector involves the design, manufacturing, and sale of motor vehicles, and injection molding machines are extensively used to produce various plastic components for vehicles. These components include interior trim, exterior body panels, and functional parts. According to the Board of Governors of the Federal Reserve System, total vehicle production in the United States increased to 11.06 million units in September 2023, up from 10.77 million units in June 2023. Thus, the increasing automotive industry contributes to the growth of the injection molding machine market.
A notable trend in the injection molding machine market is the adoption of technological advancements by major companies. LS Mtron Ltd., a South Korea-based manufacturer, launched an AI-based smart injection molding system in April 2022, featuring AI Molding Assistant and Smart Weight Control. The former reduces setup time, stabilizing the initial molding process, while the latter detects weight changes in products.
Product innovation, particularly the development of hybrid injection molding machines, is a key focus for major companies in the injection molding machine market. Hybrid injection molding machines combine features of hydraulic and electric machines to enhance energy efficiency, precision, and overall performance. Sumitomo Heavy Industries Ltd. (SHI), a Japan-based machinery manufacturer, introduced the 20-ton iM18E compact hybrid injection molding machine in February 2023. This machine, designed for molding electronic parts, offers improved shot-to-shot weight variance and uses 50% less power than comparable hydraulic machinery.
In February 2022, Comar LLC, a US-based manufacturer and supplier of plastic solutions, acquired Automatic Plastics Ltd. This acquisition aims to enhance global manufacturing capabilities for pharmaceutical and medical device packaging solutions. Both companies, now combined, plan to expand their presence in European healthcare markets, boasting a workforce of 1200 employees and 11 production facilities. Automatic Plastics Ltd., based in Ireland, specializes in the manufacture of injection molding machines and products for the pharmaceutical and medical devices sectors.
Major companies operating in the injection molding machine market include Arburg GmbH + Co KG, Haitian International Holdings Limited, Milacron Holdings Corp, Nissei Plastic Industrial Co Limited, Engel Austria GmbH, Sumitomo (SHI) Demag Plastics Machinery GmbH, Chen Hsong Holdings Limited, Toyo Machinery & Metal Co Ltd, Husky Injection Molding Systems Ltd, Japan Steel Works Limited, KraussMaffei Group, UBE Machinery Corporation Ltd., Shibaura Machine Co Ltd., Wittmann Battenfeld, Toshiba Machine Co Ltd., Negri Bossi SpA, Mitsubishi Heavy Industries Plastic Technology Co Ltd., Victor Taichung Machinery Works Co Ltd., Woojin Plaimm Co Ltd., Billion SAS, Dr. Boy GmbH & Co KG, Fu Chun Shin Machinery Manufacture Co Ltd., Huarong Plastic Machinery Co Ltd., L.K. Machinery International Limited, LS Mtron Ltd., Multiplas Enginery Co Ltd., Niigata Machine Techno Co Ltd., Sodick Co Ltd., Yizumi Precision Machinery Co Ltd., Cincinnati Milacron, WINTEC Co. Ltd.
Asia-Pacific was the largest region in the injection molding machine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global injection molding machine market during the forecast period. The regions covered in the injection molding machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the injection molding machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
An injection molding machine is a device utilized for the manufacturing of plastic products and consists of key components such as a hopper, an injection unit, a clamping unit, and a control unit. The machine operates by heating plastic pellets until they become molten and then injecting the molten plastic into a mold cavity to create the desired shape.
The primary technologies employed in injection molding machines include hydraulic, electric, and hybrid systems. Hydraulic technology involves the use of hydraulic systems, utilizing liquids such as oils or water, to transmit power. This technology powers the injection molding machine and controls the movements of its various components during the injection molding process. The clamping force applied by these machines can range from less than 200 tons force to 200-500 tons force and more than 500 tons force, using materials such as plastic, rubber, metal, ceramic, and others, with both low and high pressure. Injection molding machines find applications in various industries, including automotive, packaging, healthcare, consumer goods, toy manufacturing, building and construction, home appliances, and others.
The injection molding machines market research report is one of a series of new reports that provides injection molding machines market statistics, including the injection molding machines industry global market size, regional shares, competitors with an injection molding machines market share, detailed injection molding machines market segments, market trends, and opportunities, and any further data you may need to thrive in the injection molding machines industry. This injection molding machines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The injection molding machine market consists of sales of horizontal injection molding machines and vertical injection molding machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The injection molding machine market size is expected to see strong growth in the next few years. It will grow to $18.17 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to increasing demand for precision and efficiency, industry 4 integration, shift towards sustainable manufacturing, market expansion in emerging economies, customization and flexibility demands. Major trends in the forecast period include global market expansion and diversification, shift towards electric machines, demand for high-speed and high-pressure machines, sustainability and energy efficiency.
The expanding electronics industry is anticipated to drive the growth of the injection molding machine market in the future. This sector encompasses the production of electronic components, devices, and systems, including semiconductors, integrated circuits, computer hardware, telecommunications equipment, consumer electronics, and various other electronic products. Injection molding machines are utilized in the electronics industry to protect electronic products, generate less waste compared to other manufacturing processes, offer versatility in material selection, and produce large volumes of parts quickly and efficiently. For example, in May 2023, the Japan Electronics and Information Technology Industries Association, a Japan-based trade organization, reported that total electronic equipment production in Japan reached $4.91 billion (¥771,457 million). Additionally, consumer electronics production in May 2023 amounted to $204.67 million (¥32,099 million), up from $161.12 million (¥25,268 million) in May 2022. Therefore, the growth of the electronics industry is propelling the injection molding machine market forward.
The injection molding machine market is poised for growth due to the rising automotive industry. The automotive sector involves the design, manufacturing, and sale of motor vehicles, and injection molding machines are extensively used to produce various plastic components for vehicles. These components include interior trim, exterior body panels, and functional parts. According to the Board of Governors of the Federal Reserve System, total vehicle production in the United States increased to 11.06 million units in September 2023, up from 10.77 million units in June 2023. Thus, the increasing automotive industry contributes to the growth of the injection molding machine market.
A notable trend in the injection molding machine market is the adoption of technological advancements by major companies. LS Mtron Ltd., a South Korea-based manufacturer, launched an AI-based smart injection molding system in April 2022, featuring AI Molding Assistant and Smart Weight Control. The former reduces setup time, stabilizing the initial molding process, while the latter detects weight changes in products.
Product innovation, particularly the development of hybrid injection molding machines, is a key focus for major companies in the injection molding machine market. Hybrid injection molding machines combine features of hydraulic and electric machines to enhance energy efficiency, precision, and overall performance. Sumitomo Heavy Industries Ltd. (SHI), a Japan-based machinery manufacturer, introduced the 20-ton iM18E compact hybrid injection molding machine in February 2023. This machine, designed for molding electronic parts, offers improved shot-to-shot weight variance and uses 50% less power than comparable hydraulic machinery.
In February 2022, Comar LLC, a US-based manufacturer and supplier of plastic solutions, acquired Automatic Plastics Ltd. This acquisition aims to enhance global manufacturing capabilities for pharmaceutical and medical device packaging solutions. Both companies, now combined, plan to expand their presence in European healthcare markets, boasting a workforce of 1200 employees and 11 production facilities. Automatic Plastics Ltd., based in Ireland, specializes in the manufacture of injection molding machines and products for the pharmaceutical and medical devices sectors.
Major companies operating in the injection molding machine market include Arburg GmbH + Co KG, Haitian International Holdings Limited, Milacron Holdings Corp, Nissei Plastic Industrial Co Limited, Engel Austria GmbH, Sumitomo (SHI) Demag Plastics Machinery GmbH, Chen Hsong Holdings Limited, Toyo Machinery & Metal Co Ltd, Husky Injection Molding Systems Ltd, Japan Steel Works Limited, KraussMaffei Group, UBE Machinery Corporation Ltd., Shibaura Machine Co Ltd., Wittmann Battenfeld, Toshiba Machine Co Ltd., Negri Bossi SpA, Mitsubishi Heavy Industries Plastic Technology Co Ltd., Victor Taichung Machinery Works Co Ltd., Woojin Plaimm Co Ltd., Billion SAS, Dr. Boy GmbH & Co KG, Fu Chun Shin Machinery Manufacture Co Ltd., Huarong Plastic Machinery Co Ltd., L.K. Machinery International Limited, LS Mtron Ltd., Multiplas Enginery Co Ltd., Niigata Machine Techno Co Ltd., Sodick Co Ltd., Yizumi Precision Machinery Co Ltd., Cincinnati Milacron, WINTEC Co. Ltd.
Asia-Pacific was the largest region in the injection molding machine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global injection molding machine market during the forecast period. The regions covered in the injection molding machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the injection molding machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
An injection molding machine is a device utilized for the manufacturing of plastic products and consists of key components such as a hopper, an injection unit, a clamping unit, and a control unit. The machine operates by heating plastic pellets until they become molten and then injecting the molten plastic into a mold cavity to create the desired shape.
The primary technologies employed in injection molding machines include hydraulic, electric, and hybrid systems. Hydraulic technology involves the use of hydraulic systems, utilizing liquids such as oils or water, to transmit power. This technology powers the injection molding machine and controls the movements of its various components during the injection molding process. The clamping force applied by these machines can range from less than 200 tons force to 200-500 tons force and more than 500 tons force, using materials such as plastic, rubber, metal, ceramic, and others, with both low and high pressure. Injection molding machines find applications in various industries, including automotive, packaging, healthcare, consumer goods, toy manufacturing, building and construction, home appliances, and others.
The injection molding machines market research report is one of a series of new reports that provides injection molding machines market statistics, including the injection molding machines industry global market size, regional shares, competitors with an injection molding machines market share, detailed injection molding machines market segments, market trends, and opportunities, and any further data you may need to thrive in the injection molding machines industry. This injection molding machines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The injection molding machine market consists of sales of horizontal injection molding machines and vertical injection molding machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Injection Molding Machine Market Characteristics3. Injection Molding Machine Market Trends and Strategies4. Injection Molding Machine Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Injection Molding Machine Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Injection Molding Machine Market34. Recent Developments in the Injection Molding Machine Market
5. Global Injection Molding Machine Growth Analysis and Strategic Analysis Framework
6. Injection Molding Machine Market Segmentation
7. Injection Molding Machine Market Regional and Country Analysis
8. Asia-Pacific Injection Molding Machine Market
9. China Injection Molding Machine Market
10. India Injection Molding Machine Market
11. Japan Injection Molding Machine Market
12. Australia Injection Molding Machine Market
13. Indonesia Injection Molding Machine Market
14. South Korea Injection Molding Machine Market
15. Western Europe Injection Molding Machine Market
16. UK Injection Molding Machine Market
17. Germany Injection Molding Machine Market
18. France Injection Molding Machine Market
19. Italy Injection Molding Machine Market
20. Spain Injection Molding Machine Market
21. Eastern Europe Injection Molding Machine Market
22. Russia Injection Molding Machine Market
23. North America Injection Molding Machine Market
24. USA Injection Molding Machine Market
25. Canada Injection Molding Machine Market
26. South America Injection Molding Machine Market
27. Brazil Injection Molding Machine Market
28. Middle East Injection Molding Machine Market
29. Africa Injection Molding Machine Market
30. Injection Molding Machine Market Competitive Landscape and Company Profiles
31. Injection Molding Machine Market Other Major and Innovative Companies
35. Injection Molding Machine Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Injection Molding Machine Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on injection molding machine market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for injection molding machine? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The injection molding machine market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Technology: Hydraulic; Electric; Hybrid2) By Clamping Force: Less Than 200 Tons Force; 200-500 Tons Force; More Than 200-500 Tons Force
3) By Material: Plastic; Rubber; Metal; Ceramic; Other Materials
4) By Pressure Type: Low Pressure; High Pressure
5) By Application: Automotive; Packaging; Healthcare; Consumer Goods; Toy Making; Building and Construction; Home Appliances; Other Applications
Subsegments:
1) By Hydraulic: Standard Hydraulic Machines; High-Speed Hydraulic Machines; Multi-Component Hydraulic Machines2) By Electric: All-Electric Machines; Servo-Electric Machines
3) By Hybrid: Electric-Hydraulic Hybrid Machines; Hybrid Machines With Multiple Functions
Key Companies Mentioned: Arburg GmbH + Co KG; Haitian International Holdings Limited; Milacron Holdings Corp; Nissei Plastic Industrial Co Limited; Engel Austria GmbH
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Arburg GmbH + Co KG
- Haitian International Holdings Limited
- Milacron Holdings Corp
- Nissei Plastic Industrial Co Limited
- Engel Austria GmbH
- Sumitomo (SHI) Demag Plastics Machinery GmbH
- Chen Hsong Holdings Limited
- Toyo Machinery & Metal Co Ltd
- Husky Injection Molding Systems Ltd
- Japan Steel Works Limited
- KraussMaffei Group
- UBE Machinery Corporation Ltd.
- Shibaura Machine Co Ltd.
- Wittmann Battenfeld
- Toshiba Machine Co Ltd.
- Negri Bossi SpA
- Mitsubishi Heavy Industries Plastic Technology Co Ltd.
- Victor Taichung Machinery Works Co Ltd.
- Woojin Plaimm Co Ltd.
- Billion SAS
- Dr. Boy GmbH & Co KG
- Fu Chun Shin Machinery Manufacture Co Ltd.
- Huarong Plastic Machinery Co Ltd.
- L.K. Machinery International Limited
- LS Mtron Ltd.
- Multiplas Enginery Co Ltd.
- Niigata Machine Techno Co Ltd.
- Sodick Co Ltd.
- Yizumi Precision Machinery Co Ltd.
- Cincinnati Milacron
- WINTEC Co. Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 14.58 Billion |
Forecasted Market Value ( USD | $ 18.17 Billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Global |
No. of Companies Mentioned | 31 |