Injection Molding Machine Market Size, Share, Trends, Growth Outlook

The global Injection Molding Machine Market is poised to register a 4.2% CAGR from $14.5 Billion in 2024 to $18.6 Billion in 2030.

The global Injection Molding Machine Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Material (Plastics, Metals, Others), By Technology (Hydraulic, Electric, Hybrid), By End-User (Automotive, Consumer goods, Packaging, Electronics, Others)

An Introduction to Global Injection Molding Machine Market in 2024

Injection Molding Machine is a manufacturing equipment used for producing plastic components, products, and parts through the injection molding process, which involves injecting molten plastic material into a mold cavity, cooling and solidifying the material, and ejecting the finished product from the mold. Injection Molding Machines are widely used in industries such as automotive, packaging, consumer goods, electronics, healthcare, and construction for manufacturing a diverse range of plastic components, including automotive parts, containers, closures, toys, medical devices, and industrial components. The Injection Molding Machine market is driven by the demand for mass production, customization, precision engineering, energy efficiency, and automation in plastic manufacturing processes. With innovations in machine design, control systems, material handling, and mold technologies, Injection Molding Machines offer enhanced productivity, quality consistency, and cost-effective solutions for plastic injection molding applications, supporting manufacturing efficiency, product innovation, and supply chain optimization across industries.

Injection Molding Machine Market Competitive Landscape

The market report analyses the leading companies in the industry including Arburg GmbH + Co KG, Chen Hsong Holdings Ltd, Engel Austria GmbH, Haitian International Holdings Ltd, Hillenbrand Inc, Husky Injection Molding Systems Ltd, Japan Steel Works Ltd, KraussMaffei Group, Milacron, Nissei Plastic Industrial Co. Ltd, Shibaura Machine Co. Ltd, Sumitomo Demag Plastics Machinery GmbH, Toyo Machinery & Metal Co. Ltd, UBE Machinery, Wittmann Battenfeld.

Injection Molding Machine Market Dynamics

Injection Molding Machine Market Trend: Adoption of Industry 4.0 Technologies in Injection Molding

The most prominent trend in the injection molding machine market is the adoption of Industry 4.0 technologies. Manufacturers are integrating automation, robotics, IoT (Internet of Things), big data analytics, and digital connectivity into injection molding machines to enhance productivity, efficiency, quality control, and operational visibility. This trend includes the development of smart injection molding machines with real-time monitoring, predictive maintenance capabilities, remote diagnostics, and data-driven insights, driving market growth in the advanced manufacturing sector.

Injection Molding Machine Market Driver: Demand for Lightweight and Complex Engineered Components

A significant driver for the injection molding machine market is the demand for lightweight and complex engineered components across industries such as automotive, aerospace, electronics, packaging, and medical devices. Manufacturers require injection molding machines capable of producing intricate parts, thin-walled components, microstructures, and high-precision molds to meet customer specifications, reduce material usage, improve product performance, and enhance design flexibility. Factors such as lightweighting trends, miniaturization, customization, and rapid prototyping drive the adoption of advanced injection molding technologies, supporting market expansion and technological advancements in molding equipment.

Injection Molding Machine Market Opportunity: Customization and Specialization in Injection Molding Solutions

One Market Opportunity in the injection molding machine market lies in customization and specialization in injection molding solutions. Manufacturers can capitalize on customer demands for tailored injection molding machines that meet specific industry requirements, production volumes, material compatibility, and product design complexities. Offering customized machine configurations, mold designs, material handling systems, and automation solutions presents opportunities to address niche market segments, enhance customer satisfaction, improve production efficiency, and differentiate offerings in the competitive injection molding industry. Capitalizing on this opportunity involves market research, engineering expertise, collaboration with customers, aftermarket services, and marketing strategies highlighting the benefits of customized injection molding solutions for diverse manufacturing applications.

Injection Molding Machine Market Share Analysis: Plastics is the largest segment in 2023

The largest market segment in Injection Molding Machine by Material is Plastics. This dominance is due to the extensive use of plastics across various industries such as automotive, packaging, consumer goods, electronics, and healthcare. Injection molding machines play a crucial role in manufacturing plastic components and products, offering advantages such as high production efficiency, cost-effectiveness, versatility in design, and a wide range of plastic material options. The demand for plastic injection molding machines is driven by the continuous growth in plastic-based products and the versatility of plastics in meeting diverse application needs, making the plastics segment the largest in the injection molding machine market.

Injection Molding Machine Market Share Analysis: Electric is the fastest growing segment over the forecast period to 2030

The fastest-growing segment among Injection Molding Machine by Technology is Electric. This growth is driven by several factors, including advancements in electric motor technology, increasing emphasis on energy efficiency and sustainability, and the growing demand for precision and high-speed molding processes. Electric injection molding machines offer benefits such as faster cycle times, precise control over molding parameters, reduced energy consumption, quieter operation, and lower maintenance requirements compared to hydraulic machines. Further, as industries strive to reduce their carbon footprint and operating costs, the adoption of electric injection molding machines continues to rise, making them the fastest-growing technology segment in the injection molding machine market.

Injection Molding Machine Market Share Analysis: Automotive is the largest application segment in 2023

Automotive, Consumer goods, Packaging, Electronics, and Others are among the leading applications of Injection Molding Machines. Of these, the highest revenue is generated in the Automotive industry. This is driven by the extensive use of injection molding machines in the automotive industry for manufacturing various components such as interior trim, exterior body parts, dashboard panels, lighting systems, and engine components. The automotive sector's high demand for precision-engineered, lightweight, and durable parts, coupled with the need for mass production capabilities, makes injection molding machines integral to automotive manufacturing processes. Additionally, technological advancements in injection molding techniques, materials, and automation further contribute to the widespread adoption of injection molding machines in the automotive industry, solidifying its position as the largest end-user segment in the market.

The US Injection Molding Machine Market Size Outlook to 2030

The US Injection Molding Machine market is evolving with advancements in manufacturing technologies, automation, and materials, driving efficiency, precision, and versatility in plastic component production. Injection molding machines are crucial in mass production of plastic parts for automotive, consumer goods, electronics, medical devices, and packaging industries. With demand for lightweight, durable, and complex plastic components, injection molding machines offer high-speed, cost-effective, and customizable solutions, contributing to the growth and innovation in the US plastics manufacturing sector.

Injection Molding Machine Market Scope-

By Material
Plastics
Metals
Others
By Technology
Hydraulic
Electric
Hybrid
By End-User
Automotive
Consumer goods
Packaging
Electronics
Others
Geographical Analysis
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa

Injection Molding Machine Market Companies Profiled

Arburg GmbH + Co KG
Chen Hsong Holdings Ltd
Engel Austria GmbH
Haitian International Holdings Ltd
Hillenbrand Inc
Husky Injection Molding Systems Ltd
Japan Steel Works Ltd
KraussMaffei Group
Milacron
Nissei Plastic Industrial Co. Ltd
Shibaura Machine Co. Ltd
Sumitomo Demag Plastics Machinery GmbH
Toyo Machinery & Metal Co. Ltd
UBE Machinery
Wittmann Battenfeld
*- List not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Injection Molding Machine Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Injection Molding Machine Market Size Outlook, $ Million, 2021 to 2030
3.2 Injection Molding Machine Market Outlook by Type, $ Million, 2021 to 2030
3.3 Injection Molding Machine Market Outlook by Product, $ Million, 2021 to 2030
3.4 Injection Molding Machine Market Outlook by Application, $ Million, 2021 to 2030
3.5 Injection Molding Machine Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Injection Molding Machine Industry
4.2 Key Market Trends in Injection Molding Machine Industry
4.3 Potential Opportunities in Injection Molding Machine Industry
4.4 Key Challenges in Injection Molding Machine Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Injection Molding Machine Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Injection Molding Machine Market Outlook by Segments
7.1 Injection Molding Machine Market Outlook by Segments, $ Million, 2021- 2030
By Material
Plastics
Metals
Others
By Technology
Hydraulic
Electric
Hybrid
By End-User
Automotive
Consumer goods
Packaging
Electronics
Others

8 North America Injection Molding Machine Market Analysis and Outlook To 2030
8.1 Introduction to North America Injection Molding Machine Markets in 2024
8.2 North America Injection Molding Machine Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Injection Molding Machine Market size Outlook by Segments, 2021-2030
By Material
Plastics
Metals
Others
By Technology
Hydraulic
Electric
Hybrid
By End-User
Automotive
Consumer goods
Packaging
Electronics
Others

9 Europe Injection Molding Machine Market Analysis and Outlook To 2030
9.1 Introduction to Europe Injection Molding Machine Markets in 2024
9.2 Europe Injection Molding Machine Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Injection Molding Machine Market Size Outlook by Segments, 2021-2030
By Material
Plastics
Metals
Others
By Technology
Hydraulic
Electric
Hybrid
By End-User
Automotive
Consumer goods
Packaging
Electronics
Others

10 Asia Pacific Injection Molding Machine Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Injection Molding Machine Markets in 2024
10.2 Asia Pacific Injection Molding Machine Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Injection Molding Machine Market size Outlook by Segments, 2021-2030
By Material
Plastics
Metals
Others
By Technology
Hydraulic
Electric
Hybrid
By End-User
Automotive
Consumer goods
Packaging
Electronics
Others

11 South America Injection Molding Machine Market Analysis and Outlook To 2030
11.1 Introduction to South America Injection Molding Machine Markets in 2024
11.2 South America Injection Molding Machine Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Injection Molding Machine Market size Outlook by Segments, 2021-2030
By Material
Plastics
Metals
Others
By Technology
Hydraulic
Electric
Hybrid
By End-User
Automotive
Consumer goods
Packaging
Electronics
Others

12 Middle East and Africa Injection Molding Machine Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Injection Molding Machine Markets in 2024
12.2 Middle East and Africa Injection Molding Machine Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Injection Molding Machine Market size Outlook by Segments, 2021-2030
By Material
Plastics
Metals
Others
By Technology
Hydraulic
Electric
Hybrid
By End-User
Automotive
Consumer goods
Packaging
Electronics
Others

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Arburg GmbH + Co KG
Chen Hsong Holdings Ltd
Engel Austria GmbH
Haitian International Holdings Ltd
Hillenbrand Inc
Husky Injection Molding Systems Ltd
Japan Steel Works Ltd
KraussMaffei Group
Milacron
Nissei Plastic Industrial Co. Ltd
Shibaura Machine Co. Ltd
Sumitomo Demag Plastics Machinery GmbH
Toyo Machinery & Metal Co. Ltd
UBE Machinery
Wittmann Battenfeld

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Material
Plastics
Metals
Others
By Technology
Hydraulic
Electric
Hybrid
By End-User
Automotive
Consumer goods
Packaging
Electronics
Others