Injection Molding Machine Auxiliary Equipment Market Trends: the global projected to reach USD 2.38 billion by 2029

According to the new market research report “Injection Molding Machine Auxiliary Equipment - Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Injection Molding Machine Auxiliary Equipment market size is projected to reach USD 2.38 billion by 2029, at a CAGR of 6.1% during the forecast period.

 

• Global Injection Molding Machine Auxiliary Equipment MarketSize(US$ Million), 2018-2029

 

Source: QYResearch, "Injection Molding Machine Auxiliary Equipment - Global Market Insights and Sales Trends 2024”

 

 

• Global Injection Molding Machine Auxiliary Equipment TopPlayers Rankingand Market Share (Ranking is based on the revenue of 2022, continually updated)

 

Source: QYResearch, "Injection Molding Machine Auxiliary Equipment - Global Market Insights and Sales Trends 2024”

 

According to QYResearch Top Players Research Center, the global key manufacturers of Injection Molding Machine Auxiliary Equipment include Matsui, KAWATA, Motan Group, Wittmann, Piovan Group, Shini Plastics Technologies, Guangdong Topstar Technology, Novatec, Ningbo HUARE, AEC, etc. In 2022, the global top five players had a share approximately 46.0% in terms of revenue.

• Injection Molding Machine Auxiliary Equipment,Global Market Size, Split by Product Segment

 

Source: QYResearch, "Injection Molding Machine Auxiliary Equipment - Global Market Insights and Sales Trends 2024”

 

In terms of product type, currently Dehumidification and Drying Equipment is the largest segment, hold a share of 34.8%.

 

• Injection Molding Machine Auxiliary Equipment,Global Market Size, Split by ApplicationSegment

 

Source: QYResearch, "Injection Molding Machine Auxiliary Equipment - Global Market Insights and Sales Trends 2024”

 

In terms of product application, currently Replace is the largest segment, hold a share of 77.0%.

 

 

 

Market Drivers:

Increasing Demand for Plastic Products: The rising demand for plastic products across various industries, including automotive, packaging, consumer goods, and healthcare, is driving the demand for injection molding machine auxiliary equipment. These auxiliary equipment, such as mold temperature controllers and material dryers, are essential for optimizing the injection molding process and ensuring product quality and consistency.

 

Restraint:

High Initial Investment: The high initial investment required for purchasing and installing injection molding machine auxiliary equipment can act as a restraint, especially for small and medium-sized enterprises (SMEs) or companies operating on tight budgets. Cost considerations may deter some businesses from investing in advanced auxiliary equipment, impacting market growth to some extent.

 

Opportunity:

Expansion in Emerging Markets: The expansion of injection molding machine auxiliary equipment market into emerging markets, particularly in Asia-Pacific and Latin America, offers significant growth opportunities. Rapid industrialization, infrastructure development, and increasing manufacturing activities in these regions create demand for auxiliary equipment to support the injection molding process, driven by diverse end-user industries.

 

 

About The Authors

Kang Qi - Lead Author

Email: kangqi@qyresearch.com

Kang Qi is a technology & market senior analyst specializing in industrial equipment. He is engaged in the development of technology and market reports and is also involved in custom projects.

 

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

 

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