Industry Background:
An injection molding machine is a machine for manufacturing plastic or metal products by the injection molding process. In an electric injection machine, all process-relevant movements like recovery, injection, mold open/close are executed via electric motors. Electric injection machines consume low energy compared to hydraulic injection machines and maintain cleanliness on the floor. However, the extremely compact dimension of the electric injection machine also helps to reduce the pace needed compared to the other machines.This growth is primarily driven by Increasing Demand of Electric Injection Machines due to Low Energy-efficient, High Precision, and Increase Productivity.
Attributes | Details |
---|
Study Period | 2019-2029 |
Base Year | 2023 |
Forecast Period | 2023-2029 |
Volume Unit | K Unit |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Machinery & Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Milacron (United States), Engel (Austria), Arburg (Germany), Haitian International (China), Toyo Machinery & Metal (Japan), Chen Hsong Machinery (China), The Japan Steel Works (Japan) and Husky Injection Molding Systems (Canada), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In April 2021,Milacron Injection Molding & Extrusion, an industrial technology brand serving the global plastics processing industry, has announced a new addition to its all-electric offering via the FANUC Roboshot ALPHA-SiB series available through Milacron to molders across North America.
In April 2021, Milacron, an industrial technology brand serving the global plastics processing industry expanded its all-electric portfolio with the launch of the FANUC Roboshot ALPHA-SiB series. The new models are available with variations of injection capacity and in multiple sizes for high precision molding applications. According to the company, the ALPHA-SiB series will include a higher resolution/performance PANEL iH control and new electrical standards.The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market
Influencing Trend:
Increasing Technological Advancements and Growing Popularity of Automated Electric Injection Machines
Market Growth Drivers:
Increasing Demand of Electric Injection Machines due to Low Energy-efficient, High Precision, and Increase Productivity
Challenges:
The Use of Hybrid Injection Molding Machines Across the Various End-use Industries
Restraints:
High Initial Cost and Inability to Achieve Clamp Forces
Opportunities:
High Adoption of Electric Injection Machines by Automotive Segment
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Electric Injection Machines Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Electric Injection Machines Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Electric Injection Machines players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Electric Injection Machines Study Sheds Light on
The Electric Injection Machines Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Electric Injection Machines industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Electric Injection Machines industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.