NEWARK, Del, June 08, 2023 (GLOBE NEWSWIRE) -- By 2033, the sliding injection molding machines market is anticipated to be worth US$ 383.3 million. It is set to exhibit an average CAGR of about 3.9% from 2023 to 2033. The global market is expected to be valued at US$ 261.4 million in 2033.
Automotive sliding injection molding machines are a key driving force behind growth in the sliding injection molding machines market. These machines are set to offer unique capabilities that cater specifically to the needs of automotive manufacturers.
With their vertical design, sliding injection molding machines would have the advantage of saving space. Compact sliding machine designs are expected to be highly sought-after in sectors where floor space is a premium asset. These include automobile component manufacturing or electronics production spaces. Their demand is expected to increase due to the need for improved production line structure and efficient space use.
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Production of delicate parts with complex geometries is a strength of sliding injection molding machines. It is projected that their tremendous adaptability would make them indispensable in sectors such as automotive, consumer electronics, and medical devices.
Within the next ten years, industries are expected to seek out higher precision components. They are anticipated to use these machines for a variety of insert molding tasks such as over-molding plastic over metal inserts. Sales of sliding injection molding machines are set to be driven by manufacturers' need to integrate multiple materials and achieve higher product performance.
Particularly for small to medium-sized businesses, initial expenditure for sliding injection molding machines is more affordable than for horizontal machines. It is hence anticipated that manufacturers with fewer capital resources or those running at smaller production levels will embrace these. High energy efficiency and compact dimensions are expected to be in higher demand, as well as the need to gradually cut operating expenses.
Automation systems can be used with sliding injection molding machines, streamlining manufacturing procedures, and boosting efficiency. These machines will be in demand from manufacturers who want to increase productivity, reduce labor costs, and optimize output.
Robotic part handling and conveyor systems are anticipated to be integrated by manufacturers to streamline their operations. Sliding machine integration into automated production lines has grown to be a critical component for enterprises looking to increase operational effectiveness.
Key Takeaways from Sliding Injection Molding Machines Market
- India sliding injection molding machines market is projected to witness a CAGR of 4.4% from 2023 to 2033.
- China sliding injection molding machines industry is anticipated to cross US$ 36.8 million by 2033 and exhibit 4.1% in the next ten years.
- By product type, the single station and rotary table segments are predicted to witness CAGRs of 4.5% and 3.2%, respectively in the next ten years.
- Based on end-use, the automotive and packaging industries are expected to dominate the global market.
- By automation, the automatic category is anticipated to generate the lion’s share by 2033.
“Technological advancements, notably in the areas of automation and digitization, would influence the direction of the market by 2033. These developments would not only streamline production procedures but also reduce downtime, boost dependability, and raise productivity.” – says a lead analyst at Future Market Insights (FMI)
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Competition Landscape
Sliding injection molding machine manufacturers are exploring new geographic markets and expanding their global presence. They would establish sales and service networks in emerging markets, invest in local manufacturing facilities, and strengthen their distribution channels to reach a wider customer base. This expansion strategy would help them tap into new growth opportunities.
Providing excellent after-sales support, technical assistance, and comprehensive service packages is crucial for a few manufacturers. They are focusing on building strong customer relationships by offering training programs, maintenance services, spare parts availability, and troubleshooting assistance. These efforts would contribute to customer satisfaction, loyalty, and differentiation in a competitive market.
For instance,
- Yizumi-HPM Corporation provides sliding injection molding machines designed for high-performance applications. It offers precision, reliability, and flexibility in production processes.
- Wittmann Battenfeld offers a range of vertical sliding injection molding machines. These are known for their compact design, high precision, and efficiency. They are suitable for manufacturing complex and multi-component parts.
Key Companies Profiled:
- Amrut Brothers Machinery Private Limited
- Techno Machines India
- Pratishna Engineers Ltd.
- APSX LLC
- Multiplas Enginery Co. Ltd
- Krauss Maffei
- Multitech Machinery Ltd.
- Woojin Plaimm GmbH
Get More Valuable Insights into Sliding Injection Molding Machines Study
In a new report by Future Market Insights (FMI), the sliding injection molding machines market has been segmented into product type (single station, rotary table, shuttle table, overmolding machine, insert vertical machine), by automation (automatic, semi-automatic, manual), by end use (manufacturing, packaging, consumer goods), and region.
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Sliding Injection Molding Machines Market Outlook by Category
Product Type:
- Single Station
- Rotary Table
- Shuttle Table
- Overmolding Machine
- Insert Vertical Machine
Automation:
- Automatic
- Semi-automatic
- Manual
End Use:
- Manufacturing
- Automotive
- Electrical & Electronics
- Aerospace & Defense
- Building & Construction
- Industrial Components
- Packaging
- Consumer Goods
By Region:
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Western Europe
- Eastern Europe
- Central Asia
- Russia & Belarus
- Balkan & Baltic Countries
- Middle East and Africa
Table of Content
1. Executive Summary
2. Market Overview
3. Key Market Trends
4. Key Success Factors
5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033
6. Global Market - Pricing Analysis
7. Global Market Demand (in Value or Size in US$ million) Analysis 2018 to 2022 and Forecast, 2023 to 2033
8. Market Background
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Automation
Complete TOC: https://www.futuremarketinsights.com/toc/rep-gb-17370
About Packaging Division at Future Market Insights (FMI)
Expert analysis, strategic recommendations and actionable insights- the packaging team at Future Market Insights (FMI) helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on the packaging, of which 100+ reports are specifically on solutions, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the packaging industry.
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