All-Electric Injection Molding Machine: Introduction
An all-electric injection molding machine is a manufacturing process machine used to create the fabricated products or molds of different materials. The injection molding machine manufactures the molds of automobile dashboards/bumpers, electrical switches, medical devices, plastic packaging (bottles, cans), plastic furniture, etc. Injection molding machines are available in three types which include hydraulic, electric, and hybrid. Electric injection molding machines are faster and have higher accuracy than other machines.
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Growth in Automobile industry to Drive the Global All-Electric Injection Molding Machine Market
Growth of the automobile industry is likely to lead to increased usage of all-electric injection molding machines. These machines are used to manufacture the molds of dashboards and bumpers which are extensively used in the automobile industry. Moreover, its use in other industries such as aerospace & defense, industrial manufacturing, food and beverage, furniture industry, and electrical industry is also expected to drive the global all-electric injection molding machine market.
Technological Advancements to Drive the Market
Rapid technological innovations have led to the development of electric injection molding machines. The use of these machines leads to 50% to 70% energy savings. Manufacturers are focusing on product innovation which is expected to drive the global all-electric injection molding machine market during the forecast period.
Key Manufacturers Operating in the Market
The key manufacturers operating in the global all-electric injection molding machine market are:
- The Japan Steel Works, LTD.
- H.K. Industries
- Electronica Plastic Machines Limited
- ENGEL AUSTRIA GmbH
- ARBURG GmbH + Co KG
- NISSEI PLASTIC INDUSTRIAL CO., LTD.
- HAITIAN INTERNATIONAL
- UBE MACHINERY CORPORATION, Ltd.
- BORCH MACHINERY CO., LTD
- Milacron India Pvt. Ltd.
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Global All-Electric Injection Molding Machine Market: Research Scope
Global All-Electric Injection Molding Machine Market, by Machine Structure
- Vertical Machine
- Horizontal Machine
Global All-Electric Injection Molding Machine Market, by Material
- Plastic
- Rubber
- Metal
Global All-Electric Injection Molding Machine Market, by Clamping Force
- Below 1000kN
- 1000kN – 4000kN
- Above 4000kN
Global All-Electric Injection Molding Machine Market, by Application
- Automotive
- Consumer Goods
- Electronics & Telecom
- Food & Beverage
- Medical
- Packaging
- Others
Global All-Electric Injection Molding Machine Market, by Distribution Channel
- Online
- Offline
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
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