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Micro Injection Molding Machine Market Report Scope & Overview:
The Global Micro Injection Molding Machine Market was valued at USD 411.06 million in 2022 and is projected to reach USD 913.69 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period from 2023 to 2030.
This market analysis highlights the significant growth potential of the micro injection molding machine industry. With a current valuation of over USD 400 million, the market is expected to witness substantial expansion, reaching a value of nearly USD 1 billion by 2030.
The steady growth rate of 10.5% per annum demonstrates the increasing demand for micro injection molding machines across various industries. These machines play a crucial role in the production of small and intricate plastic components, making them indispensable in sectors such as healthcare, electronics, automotive, and consumer goods.
The rising need for miniaturized products, coupled with advancements in technology, is driving the market's growth. Micro injection molding machines offer precise control and high efficiency, enabling manufacturers to produce complex parts with exceptional accuracy and consistency. This capability has fueled their adoption in industries where precision and quality are paramount.
Furthermore, the market's growth is also attributed to the expanding medical device industry, which heavily relies on micro injection molding machines for the production of intricate components used in devices such as catheters, syringes, and surgical instruments. The increasing demand for these medical devices, driven by the growing global population and advancements in healthcare infrastructure, is expected to further propel the market's expansion.
Geographically, the market exhibits a promising outlook across regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. These regions are witnessing significant investments in research and development activities, technological advancements, and the establishment of manufacturing facilities, all contributing to the market's growth.
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KEY MARKET SEGMENTATION
- By Type
- By application
Driving Factors
Development in the car area powering interest for miniature infusion shaping machine.
The shift towards nanotechnology and scaling down in the clinical business.
Opportunities
Rising pattern of electric vehicles to increment interest for microinjection molds.
Key Players
The Key Players are Arburg GmbH + Co KG, Haitian International Holdings Limited, Milacron, Nissei Plastic Industrial Co., Limited, Engel Austria GmbH, Sumitomo (SHI) Demag Plastics Machinery GmbH, Chen Hsong Holdings Limited, Toyo Machinery & Metal Co. and Other Players
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Table of Contents
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Micro Injection Molding Machine, By Type
8.1 0-10 tons,
8.2 10-30 tons
8.3 30-40 tons
9. Global Micro Injection Molding Machine Market segmentation, By application
9.1 Medical
9.2 Automotive
9.3 Fiber Optics
9.4 Electronics
9.5 Others
10. Global Micro Injection Molding Machine Market, by region/ country
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of Latin America
11. Company profiles
11.1 Arburg GmbH + Co KG
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 Swot Analysis
11.1.4 The SNS View
11.2 Haitian International Holdings Limited
11.3 Milacron
11.4 Nissei Plastic Industrial Co., Limited
11.5 Engel Austria GmbH
11.6 Sumitomo (SHI) Demag Plastics Machinery GmbH
11.7 Chen Hsong Holdings Limited
11.8 Toyo Machinery & Metal Co.
12. Competitive Landscape
12.1 Competitive Bench Marking
12.2 Market Share Analysis
12.3 Recent Developments
13. Conclusion
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