Fully Automatic Molding Machine Market

Increasing demand for high production efficiency is driving the market growth

Market CAGR for fully automatic molding machine is being driven by increasing demand for high production efficiency in manufacturing processes. As industries strive for greater productivity and cost-effectiveness, the adoption of automated solutions becomes imperative. Fully automatic molding machines play a pivotal role in achieving this goal by streamlining production processes, minimizing manual intervention, and optimizing the overall manufacturing workflow. Automated molding machines are capable of consistently delivering precise and uniform results, reducing the margin of error associated with manual labor.

The growing emphasis on cost reduction within manufacturing industries is another driving force behind the expansion of the fully automatic molding machine market. Companies are under constant pressure to enhance their competitiveness by lowering production costs while maintaining or improving product quality. Fully automatic molding machines offer a solution to this challenge by reducing labor costs, minimizing material wastage, and optimizing energy consumption.

Additionally, continuous advancements in automation technology represent a crucial driver for the fully automatic molding machine market. The integration of cutting-edge technologies, such as artificial intelligence, machine learning, and sensor innovations, enhances the capabilities of these machines, making them more intelligent, adaptable, and user-friendly. Advanced automation features enable real-time monitoring, predictive maintenance, and self-diagnosis, reducing downtime and enhancing overall equipment efficiency.

According to the International Federation of Robotics (IFR) reported that the sales of industrial robots, including those used in automation processes like molding, reached 384,000 units in 2020, representing a year-on-year increase of 11%. It also reported that the automotive industry, a major consumer of molding machines, increased its robot installations by 22% in 2020, emphasizing the industry's commitment to automation for cost efficiency. As a result demand for Fully Automatic Molding Machine is expected to increase due to the increased focus on enhancing the production capacity, and adoption of industrial robotics.

Thus, driving the Fully Automatic Molding Machine market revenue.

The Global Fully Automatic Molding Machine Market Industry is experiencing rapid technological advancements, which enhance production efficiency and product quality. Innovations such as advanced robotics and artificial intelligence are being integrated into molding machines, allowing for precision and reduced cycle times. For instance, the introduction of smart sensors enables real-time monitoring of the molding process, leading to fewer defects and higher output. This trend is likely to drive market growth as manufacturers seek to optimize their operations. As a result, the market is projected to reach 12.8 USD Billion in 2024, reflecting the increasing demand for high-performance machinery.

Sustainability is becoming a crucial consideration in the Global Fully Automatic Molding Machine Market Industry. Manufacturers are increasingly adopting eco-friendly practices, including the use of recyclable materials and energy-efficient machinery. Fully automatic molding machines that minimize waste and reduce energy consumption are gaining traction. This shift not only meets regulatory requirements but also appeals to environmentally conscious consumers. As companies strive to enhance their sustainability profiles, the demand for such machines is likely to rise, contributing to a projected CAGR of 5.2% from 2025 to 2035, indicating a long-term trend towards greener manufacturing practices.

The production of consumer goods is a significant driver of the Global Fully Automatic Molding Machine Market Industry. As consumer preferences shift towards customized and high-quality products, manufacturers are increasingly investing in fully automatic molding technologies to meet these demands. The ability to produce intricate designs and varied product lines efficiently positions these machines as essential tools in the consumer goods sector. This trend is expected to bolster market growth, with projections indicating a substantial increase in demand as companies seek to enhance their production capabilities and respond to evolving consumer trends.

The automotive sector is a significant driver of the Global Fully Automatic Molding Machine Market Industry. With the ongoing shift towards electric vehicles and lightweight materials, manufacturers are increasingly adopting fully automatic molding machines to produce complex components efficiently. The need for high precision and reduced production times aligns with the capabilities of these machines. As the automotive industry continues to evolve, the demand for advanced molding solutions is expected to grow. This sector's expansion contributes to the market's projected growth to 22.4 USD Billion by 2035, indicating a robust future for fully automatic molding technologies.

The expansion of manufacturing facilities across various regions is a key driver of the Global Fully Automatic Molding Machine Market Industry. As companies seek to enhance their production capacity and efficiency, investments in new facilities equipped with advanced molding technologies are on the rise. This trend is particularly evident in emerging markets, where industrialization is accelerating. The establishment of new manufacturing plants not only boosts local economies but also increases the demand for fully automatic molding machines. This growing infrastructure is likely to support the market's expansion, reflecting a broader trend towards modernization in manufacturing.

By region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. The North American Fully Automatic Molding Machine market area will dominate this market due to its strong emphasis on technological innovation and manufacturing excellence. The region is home to advanced industries, particularly in the United States, where companies prioritize the integration of cutting-edge technologies such as automation, robotics, and Industry 4.0 principles.

Further, the major countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: FULLY AUTOMATIC MOLDING MACHINE MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Fully Automatic Molding Machine market accounts for the second-largest market share driven by its adherence to stringent quality standards and a commitment to sustainable manufacturing practices. European industries, especially in countries like Germany, are known for their precision engineering and commitment to producing high-quality products. Further, the German Fully Automatic Molding Machine market held the largest market share, and the UK Fully Automatic Molding Machine market was the fastest-growing market in the European region

The Asia-Pacific Fully Automatic Molding Machine Market is expected to grow at the fastest CAGR from 2024 to 2032 due to the region's rapid industrialization, emphasis on mass production, and a strong focus on cost efficiency. Countries like China, Japan, and South Korea are manufacturing powerhouses with a significant presence in the automotive, electronics, and consumer goods industries. Moreover, China’s Fully Automatic Molding Machine market held the largest market share, and the Indian Fully Automatic Molding Machine market was the fastest growing market in the Asia-Pacific region.

Leading market players are leveraging Industry 4.0 principles, companies integrate smart technologies like IoT (Internet of Things), artificial intelligence, and data analytics into their molding machines. This enables real-time monitoring, predictive maintenance, and optimization of production processes. Market participants are also adopting a variety of strategic moves to expand their worldwide presence, with important market developments including integration of Smart Technologies, contractual agreements, mergers and acquisitions, increased R&D investments, and Collaborating with technology companies. To expand and survive in a more competitive and rising market climate, Fully Automatic Molding Machine industry must offer innovative solution.

Offering customization options based on customer requirements helps companies meet the unique needs of different industries resulting in the global Fully Automatic Molding Machine industry growth. In recent years, the Fully Automatic Molding Machine industry has offered some of the most significant advantages to Consumers. Major players in the fully automatic molding machine market, including ABB, KUKA, Sepro Group, Wittmann Battenfeld Group, and others, are attempting to increase market demand by investing in product development to increase their product line and cater to diverse consumer needs.

ABB, a global technology leader, excels in electrification and automation to foster a sustainable future. With a workforce of around 105,000 employees, ABB leverages over 130 years of excellence to optimize manufacturing, transportation, power, and operations through the fusion of engineering expertise and advanced software solutions. Positioned at the forefront of industrial transformation, ABB's comprehensive offerings span electrification, automation, and digital convergence, driving innovation across diverse sectors. Committed to a more resource-efficient future, ABB's strategic vision aligns with global industrial advancements, making it a key player in shaping the trajectory of industries worldwide.

In May 2020, B&R, an ABB Robotics and Discrete Automation unit, integrated ABB robots into its automation portfolio. This allows the programming of robot and press controls in a single application, utilizing ready-made software components. The integration eliminates the need for a dedicated robot controller, removes interfaces between the machine and robot, and establishes a common network for all axes and sensors.

SEPRO, established in 1973  stands as a pioneer, being among the first to develop Cartesian CNC robots for injection molding machines. Headquartered in La Roche sur Yon, France, the company boasts a global presence in 50 countries, facilitated by 11 subsidiaries and an extensive network of 40 exclusive distributors. With a diverse workforce of 650 individuals from 24 nationalities, including 80 in foreign subsidiaries, SEPRO collaborates with major players in the automotive, multimedia, and packaging sectors, having equipped over 40,000 injection molding machines worldwide. SEPRO's comprehensive offerings include 3-axis, 5-axis, and 6-axis robots controlled by the VISUAL control system.

Their expertise extends to automation solutions such as insert placing, IML, overmolding, and complex stacking applications, complemented by a dedicated service offering encompassing spare parts, maintenance, and training. In October 2023, Sepro Group solidifies its global automation solutions leadership by acquiring a majority stake in Garbe Automatisme, a specialist in automation systems. The transaction, completed in July, enhances Sepro's position as a key supplier for plastic injection molders worldwide. Both companies are privately held, and specific financial details of the acquisition remain undisclosed.