United States Injection Molding Press Market was valued at USD 1.85 Billion in 2022 and is projected to reach USD 3.02 Billion by 2030, growing at a CAGR of 6.23% from 2024 to 2030.
The US Injection Molding Press Market is seeing substantial growth as industries demand efficient and precise manufacturing methods for producing plastic parts and components. This market, which is a crucial segment of the broader manufacturing landscape, caters to diverse sectors including automotive, consumer goods, electronics, and medical devices. Injection molding presses are used to inject molten plastic into a mold to create intricate, high-quality products that are critical in today’s fast-paced production environments.
One of the key drivers behind the surge in demand for injection molding presses in the US is the growing need for mass production of plastic parts with high precision. Industries such as automotive are increasingly adopting injection molding technology to create lightweight, durable components for vehicles. In particular, the automotive industry uses these presses to manufacture parts like bumpers, dashboards, and interior fittings, requiring both speed and accuracy. The push towards electric vehicles (EVs) is further accelerating this need, as EVs rely on a wide range of custom plastic components for their designs.
In the electronics sector, manufacturers rely heavily on injection molding presses to produce enclosures for devices like smartphones, laptops, and wearables. With the increasing complexity and miniaturization of electronic devices, the demand for advanced injection molding presses capable of producing parts with high precision and minimal defects is growing. These machines also help in reducing overall production costs, which is crucial in the highly competitive tech market.
Moreover, the medical industry is witnessing a surge in the demand for injection molding presses due to the need for sterile, high-precision components used in medical devices. From syringes to diagnostic equipment, the use of these presses ensures that the parts are produced with high standards of quality and safety, making them an essential part of modern healthcare innovation.
To meet the evolving requirements of these industries, manufacturers of injection molding presses are constantly innovating. Advanced features such as multi-component molding, automation, and energy efficiency are becoming increasingly important. Industries now require presses that are not only versatile but also capable of reducing cycle times and enhancing production efficiency. The integration of Industry 4.0 technologies like IoT and AI into molding machines is helping companies gather data in real-time, optimizing operations and reducing downtime.
As industries continue to evolve and become more specialized, the US Injection Molding Press Market is expected to expand further, driven by technological advancements and the ever-increasing demand for high-performance, cost-efficient manufacturing solutions. Companies that can adapt to these demands and offer tailored solutions will find themselves at the forefront of this growing market.
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Haitian International
ENGEL Holding GmbH
ARBURG GmbH
KraussMaffei
Sumitomo Heavy Industries
Fanuc
Yizumi
Husky
Chenhsong
Milacron
Nissei Plastic
Shibaura Machine
JSW Plastics Machinery
Toyo
LK Technology
Wittmann Battenfeld
UBE Machinery
Tederic
Cosmos Machinery
Windsor
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Injection Molding Press Market
Hydraulic Injection Molding Press
Electric Injection Molding Press
Hybrid Injection Molding Press
Less than 100 Tons
100 to 500 Tons
More than 500 Tons
Automotive Components
Consumer Goods
Medical Devices
Packaging Materials
Electronics and Electrical Components
Thermoplastics
Thermosetting Plastics
Rubber Materials
Biodegradable Plastics
Fully Automated
Semi-Automated
Manual
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Injection Molding Press Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Injection Molding Press Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Injection Molding Press Market, By Type
6. US Injection Molding Press Market, By Application
7. US Injection Molding Press Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Injection Molding Press Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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