The injection molding machine has the ability to mold plastic products with complex appearance, precise size, or dense texture with metal inserts at one time. It is widely used in national defense, electromechanical, automobile, transportation, building materials, packaging, agriculture, culture, education and health. All areas of people’s daily lives. With the rapid development of the plastics industry today, injection molding machines occupies an important position in terms of quantity and variety, and their total production accounts for 20%-30% of the entire plastic molding equipment, making it the fastest growing among plastic machinery at present. One of the most popular models.
With the rise of energy saving and consumption reduction as a national strategy, the issue of energy saving of injection molding machines has also been widely concerned. In the field of conventional injection molding machines, there are two more mature ways to save energy in motors: inverters and servo motors, among which servo motors are more and more widely accepted.
At present, China is the largest consumer market for injection molding machines in the Asia-Pacific region, and the market value is expected to reach US$3.71 billion in 2025. China has the largest population in the world, coupled with the rapid rise of the automotive and electronics industries, so that it occupies the largest market share.
The market value of electric injection molding machines in 2017 was US$5.8 billion. The use of electric injection molding machines in multiple applications in the electronics, packaging and health care industries will stimulate its market demand in the next few years. In the same year, electric injection molding machines accounted for 34% of the global injection molding machine market share. The high adoption of new technologies such as gas-assisted injection molding, structural foam molding, co-injection and diversified components, plus the more dominant production costs than existing production technologies will further encourage market growth. The market value of electric injection molding machines will grow the fastest in the next few years, and is expected to record a compound growth rate of 5.7% from 2018 to 2025.
From a regional analysis, the market value of injection molding machines in the United States will record a compound growth rate of 1.1% in the next few years. Based on its demand for lightweight and complex automotive components, the United States has become one of the largest consumer markets for injection molding machines. In the next few years, the market value of injection molding machines in Germany will record US$2.23 billion. The main market drivers include well-developed infrastructure and technology, research and development projects, and high-tech labor.
As competition in the injection molding machine industry continues to intensify, mergers and acquisitions and capital operations among large companies are becoming more frequent. Excellent injection molding machine companies at home and abroad are paying more and more attention to the analysis and research of the industry market, especially the current market environment and changes in customer demand trends. In-depth research in order to occupy the market in advance and gain first-mover advantage. Academia Sinica uses a variety of original information processing technologies to collect, organize, process, analyze, and transmit the massive data in the injection molding machine industry market, and provide customers with a package of information solutions and consulting services to minimize customer investment risks and Operating costs, seize investment opportunities, and improve corporate competitiveness.