Vertical Injection Molding Machine Market to Reach USD 1.2 Billion by 2031
|
The global Vertical
Injection Molding Machine market, valued at USD 806.8 million in
2022, is set to expand at a robust CAGR of 4.3% between 2023 and 2031,
reaching an estimated USD 1.2 billion by the end of 2031. This growth is
propelled by technological advancements, rising demand for lightweight
components across industries, and increasing integration of robotics and
computerized molding processes.
Market Overview
Vertical injection molding machines feature a vertically
oriented clamping and injection unit, leveraging gravity to enhance precision
and energy efficiency. Their compact footprint makes them ideal for
space-constrained production lines. Predominantly used in insert molding where
pre-placed metal or other components are overmolded with plastic these machines
serve diverse sectors including automotive, electronics, medical, packaging,
and consumer goods.
Market Drivers & Trends
- Energy
Efficiency: Vertical machines consume less energy than their
horizontal counterparts by minimizing continuous movement of clamping
units.
- Robotic
Integration: Automation from component loading to part removal is
driving productivity and quality. Manufacturers like Newbury offer C-Frame
rotary table designs with turnkey robotic integration.
- Lightweight
Components Demand: The shift toward lighter plastic parts in
automotive and electronics for fuel efficiency and portability is boosting
demand.
- Compact
Footprint: Limited factory space in urbanized regions favors vertical
designs, optimizing floor layouts.
Latest Market Trends
- Hybrid
Technologies: Blending hydraulic and electric drives to balance high
clamping force with precision and lower maintenance costs.
- All-Electric
Vertical Machines: Gaining traction in cleanroom and medical device
manufacturing for zero-emission operation.
- IoT-Enabled
Monitoring: Real-time data analytics to predict maintenance needs and
minimize downtime.
- Sustainable
Materials: Compatibility with bio-based resins and recycled plastics
to meet environmental regulations.
Key Players and Industry Leaders
·
ARBURG GmbH + Co KG
·
The Japan Steel Works, LTD.
·
Nissei Plastic Industrial Co., Ltd
·
Sumitomo Heavy Industries
·
Engel Austria
·
Milacron Holdings Corp
·
Tayu Machinery Co., Ltd
·
Wittmann Battenfeld GmbH
·
Shibaura Machine (Toshiba Machine Co., Ltd)
·
Pratishna Engineers Ltd
·
Toyo Machinery & Metal Co., Ltd.
·
Husky Injection Molding Systems Ltd.
·
Niigata Machine Techno Co., Ltd.
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Recent Developments
- February
15, 2023: ARBURG’s Allrounder 470 H hybrid machine debuts, offering up
to 30% energy savings and reduced carbon footprint compared to
conventional models.
- December
2022: JSW’s JLM3000-MGIIeL sets a new benchmark with its record
3,000-ton mold clamping force, addressing the needs of large-scale
automotive and aerospace component production.
- Q1
2024: Engel Austria unveiled its tie-barless vertical machine,
enabling faster mold changeovers and expanded mold accessibility.
- Q2
2024: Sumitomo introduced an integrated IoT platform across its
vertical machine line, allowing remote diagnostics and process
optimization.
Market Opportunities
- Automotive
Lightweighting: Rising adoption of plastic parts for interior panels,
under-hood components, and structural elements.
- Medical
Device Manufacturing: Growth in single-use and precision-critical
components, such as syringes, diagnostic cartridges, and implantable
devices.
- Consumer
Electronics: Miniaturization trends demand complex, high-precision
plastic housings and connectors.
- Packaging
Innovation: Demand for customized closures, caps, and tamper-evident
designs in food, beverage, and personal care segments.
- Emerging
Economies: Rapid industrialization in Asia Pacific and Latin America
offers new OEM and contract manufacturer partnerships.
Future Outlook
Analysts anticipate that continued R&D investment will
yield machines with smarter controls, lower energy footprints, and greater
flexibility for multi-material molding. The push toward Industry 4.0 will
further accelerate adoption of vertical presses with embedded sensors,
predictive maintenance algorithms, and seamless integration into fully
automated production lines. By 2031, the market is expected to witness:
- Wider
Hybrid Adoption: Hybrid machines capturing significant market share by
combining the strengths of hydraulic and electric systems.
- Expanded
All-Electric Use Cases: Particularly in sectors requiring ultra-clean
operation and minimal noise.
- Enhanced
Circularity: Greater compatibility with recycled and bio-based
polymers to meet sustainability targets.
Market Segmentation
Segment |
Sub-Segment |
Input Material |
Plastic; Rubber; Others |
Clamping Force |
Up to 20 T; 21–40 T; 41–50 T; 51–70 T; 71–80 T; 81–100 T;
> 100 T |
Type |
Hydraulic; Electric; Hybrid |
Automation Grade |
Automatic; Semi-automatic |
End-Use |
Consumer Goods; Automotive & Aerospace; Agriculture
& Waste Management; Medical & Science; Electrical & Electronics;
Construction; Packaging; Others |
Regional Insights
- Asia
Pacific: Held the largest share in 2022 due to rapid automotive and
consumer goods production, and ongoing urbanization driving factory
expansions.
- Europe:
Accounted for 32.4% of the market in 2022, with strong demand for
high-precision medical and automotive components; expected to remain
stable through 2031 (~31.8%).
- North
America: Growing emphasis on reshoring and automation in plastics
manufacturing; rising investment in electric vehicle components.
- Latin
America & MEA: Emerging markets for packaging and agricultural
equipment parts, offering untapped growth potential.
Why Buy This Report?
- Comprehensive
Analysis: Detailed cross-segment and regional breakdowns, with
quantitative and qualitative insights.
- Competitive
Intelligence: Company profiles of 15+ key players, including market
share, financials, and strategic initiatives.
- Future-Ready
Insights: Forecasts to 2031, highlighting emerging opportunities and
potential challenges.
- Actionable
Recommendations: Tailored strategies for OEMs, molders, and equipment
suppliers to capitalize on market trends.
- Format:
Electronic (PDF) + Excel for easy data manipulation.
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