Lewes, DE -- (SBWIRE) -- 12/15/2016 -- Report forecast the global injection molding machine market to grow at a CAGR of 2.52% during the period 2016-2020.

Injection molding is the most commonly used manufacturing process for the fabrication of plastic parts. Injection molding is used to manufacture a wide variety of products, which vary considerably in their dimensions, complex structures, and end-use applications. The injection molding is done by an injection molding machine and requires plastic and the typical raw material, and a shaping mold. The molding machine melts the plastic, which is then injected into the mold, where it cools and solidifies into the final part.

The report covers the present scenario and the growth prospects of the global injection molding machine market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top vendors in the market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, one of the primary drivers in the market is GHG emission reduction targets spur demand for light-weight vehicles. he global automotive industry has grown over the past five years. After being affected by the economic instability, especially in the US in 2009 and more recently in China in 2015, the profit margins for the sector are in the process of recovery. Technavio expects the industry to revive significantly by the end of the forecast period. The year 2015 was a mixed year for the automobile industry as more production, but less revenue has been one of the major highlights within the industry. The industry gained its much-needed boost in 2015 due to record sales of vehicles in the US. Automotive OEMs are currently driven by the demand for lightweight vehicles that ensure greater fuel efficiency and lower CO? emissions.

Further, the report states that one major challenge in the market is high cost of tooling. In the majority of injection molding projects, arriving at an accurate and appropriate budget estimate poses a significant challenge. Injection molding tools involve a high initial cost despite having a comparatively low cost of production. These two factors have a huge impact on the entire process as well as the lifecycle of the product. Injection molding tools are quite expensive.

Global Injection Molding Machine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global injection molding machine market: ARBURG, Haitian International Holdings, Husky Injection Molding Systems, NISSEI, and Sumitomo Heavy Industries Ltd.

Other prominent vendors in the market are: Asian Plastic Machinery (Chen Hsong Group), ATEC Plastics, BMB, Dongshin Hydraulics, ENAIVIV Machinery Industrial, ENGEL AUSTRIA, FU CHUN SHIN MACHINERY MANUFACTURE, HUARONG PLASTIC MACHINERY, HWA CHIN MACHINERY FACTORY, IMS Deltamatic (Turra), Inyectora Para Plasticos Arsa, JACO Manufacturing Company, Japan Steel Works, JINHWA GLOTECH Machinery, Jon Wai Machinery Works, KAWAGUCHI, KING'S Machinery and Engineering, KraussMaffei, L.K. Machinery, LIEN FA INJECTION MACHINERY, Mateu y Sole, MEIKI, Milacron, Miniature Plastic Molding, MULTIPLAS ENGINERY, Negri Bossi, Netstal, Niigata Machine Techno Company, NINGBO HAITAI PLASTIC MACHINERY, OIMA, OJSC Litmash, Photonike Group (Sandretto), Presma, Romi Machines UK, Sanjo Seiki, Smargon, Stork IMM, Tat Ming Engineering (Dongguan), Tederic Machinery, TMC Technology, TOSHIBA MACHINE, Toyo Machinery & Metal, U-MHI Platech, VICTOR Taichung Machinery Works, Wabash MPI, Welltec Machinery, Windsor Machines, WINTAL MACHINES (Italtech), WITTMANN BATTENFELD, WOOJINPLAIMM, YIZUMI Group, and Yuh-Dak Machinery.

Market driver
- Leading-edge process control and monitoring systems for injection molding.
- For a full, detailed list, view our report

Market challenge
- Slowdown in Chinese economy.
- For a full, detailed list, view our report

Market trend
- Injection molding in medical technology.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 74 pages and 41 Exhibits "Global Injection Molding Machine Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Key leading regions, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-injection-molding-machine-market-2016-2020

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