Injection Molding Machinery Market is predicted to reach USD 13.95 billion at a CAGR of 3.89% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Injection Molding Machinery Market” that contains information from 2023 to 2032. The Injection Molding Machinery Market is estimated to register a CAGR of 3.89% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the Injection Molding Machinery Market— HAITIAN International, SUMITOMO Heavy Industries, JAPAN Steel Works, Chen Hsong Holdings, Hillenbrand Inc., and Dongshin Hydraulic.

Market Highlights

The Injection Molding Machinery Market is accounted to register a CAGR of 3.89% during the forecast period and is estimated to reach USD 13.95 Billion by 2032.

The Injection Molding Machinery Market refers to the global industry that involves the design, manufacturing, distribution, and sales of machinery used for the process of injection molding. Injection molding is a widely used manufacturing process in which molten material, typically plastic polymers, is injected into a mold cavity to create a wide range of products and components with intricate shapes and precise dimensions.

The Injection Molding Machinery Market is characterized by continuous innovation to improve efficiency, reduce energy consumption, enhance product quality, and accommodate a wider range of materials. As industries continue to seek efficient and precise manufacturing processes, the injection molding machinery market remains a crucial sector in the global manufacturing landscape.

Segment Analysis

The Injection Molding Machinery Market has been segmented based on type and end user.

On the basis of type, the market is segmented into Electric, Hydraulic and Hybrid Machines. The hydraulic segment dominated the market. The capacity to manufacture huge quantities of parts, complex components for the automotive sector, less expensive initial manufacturing of precise molds, greater corrosion and wear obstruction of hydraulic parts.

 Based on end user, the market has been segmented into Automotive, Consumer goods, Health care and Electricals & Electronics. The automotive segment dominated the market. Increased automobile output and increased need for compact automotive parts will drive market expansion.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Injection Molding Machine Market Research Report

Regional Analysis

The Injection Molding Machinery Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Injection Molding Machinery Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Injection Molding Machinery Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Injection Molding Machinery Market comprises of Middle East, Africa, and Latin America.

North America, particularly the United States and Canada, has a mature injection molding machinery market. The region has a strong presence of industries like automotive, electronics, and healthcare, which are significant consumers of injection-molded products. Demand for advanced and high-precision machinery, focus on energy efficiency, and sustainable manufacturing practices are driving market growth.

Europe has a well-developed manufacturing sector and is a hub for industries like automotive, packaging, and medical devices. These industries drive the demand for injection molding machinery. Competition from emerging markets, increasing regulations, and the need for continuous technological advancements are challenges faced by the industry.

Asia-Pacific, led by China, is a dominant force in the injection molding machinery market. The region's rapid industrialization, growth in consumer goods manufacturing, and a vast population contribute to market expansion.

Furthermore, the rest of the world's Injection Molding Machinery Market is divided into the Middle East, Africa, and Latin America. Latin America is experiencing moderate growth in the injection molding machinery market. The region's automotive, packaging, and consumer goods sectors contribute to demand. Efforts toward modernizing manufacturing processes and infrastructure provide growth opportunities for machinery suppliers.

Key Findings of the Study

• The Injection Molding Machinery Market is expected to reach USD 13.95 Billion by 2032, at a CAGR of 3.89% during the forecast period.


• North America has a mature injection molding machinery market. The Demand for advanced and high-precision machinery, focus on energy efficiency, and sustainable manufacturing practices are driving market growth.


• Based on type, the market is segmented into Hydraulic and Hybrid Machines holding the largest market in 2022.


• HAITIAN International, SUMITOMO Heavy Industries, JAPAN Steel Works, Chen Hsong Holdings, Hillenbrand Inc., and Dongshin Hydraulic.