Portland, OR, March 13, 2019 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, Injection Moulding Machines Market by Clamping Force (Less Than 200 Tons Force, 200 Tons Force to 500 Tons Force, and More Than 500 Tons Force), Machine Type (All-Electric, Hydraulic, and Hybrid), and Solution (New Sales and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2018 - 2025. According to the report, the global injection moulding machines market garnered $15.25 billion in 2017 and is expected to reach $22.32 billion by 2025, registering a CAGR of 4.7% from 2018 to 2025.
The report provides an in-depth analysis of the global injection moulding machines market, covering aspects such as current market size & estimations, market segmentation, changing dynamics, competitive landscape, and market forecast. The information in the report is a result of an extensive primary and secondary research.
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The drivers, restraints, and opportunities are broadly analyzed in the injection moulding machines market report. Low labor costs, advantage of bulk production, material flexibility, and low waste production drive the market growth. Nonetheless, high machinery & tooling costs, threat of substitutes, and restrictions on designing of parts restrict the market growth. On the other hand, technological innovations offer new opportunities for the growth of the market.
The injection moulding machines market report evaluates each of the segments and its sub-categories in detail. The market is segmented into clamping force, machine type, solution, and geography. Based on clamping force, it is divided into less than 200 tons force, 200 tons force to 500 tons force, and more than 500 tons force. Based on machine type, the market is bifurcated into all-electric, hydraulic, and hybrid. The all-electric segment would maintain its dominance and would register the highest CAGR of 5.2% from 2018 to 2025. Based on solution, the market is bifurcated into new sales and aftermarket. The aftermarket segment is expected to register the fastest CAGR of 5.1% through 2025. Geographically, the market analysis covers North America, Europe, Asia-Pacific, and LAMEA. LAMEA is expected to register the fastest CAGR of 6.5% from 2018 to 2025.
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The report also includes an analysis of the leading players operating in the injection moulding machines market. They include ARBURG, ENGEL, Husky Injection moulding Systems, Haitian International, Milacron Holdings Corp., KraussMaffei Group, Sumitomo Heavy Industries, Nissei Plastic Industrial Co., Ltd., The Japan Steel Works, and Ube Industries, Ltd.
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