How Big Is the Injection Molding Machine Market | Growth Analysis & Segmentation 2031

Q: What is the size of the injection molding machine market?

The injection molding machine market is expected to exceed USD 30.7 billion by 2031, fueled by demand for advanced manufacturing systems.

Q: Who are the leading players in the injection molding machine market?

Major companies in the injection molding machine market include Haitian, Engel, Milacron, Arburg, and KraussMaffei.

Q: What are the key growth trends in the injection molding machine market?

The injection molding machine market is evolving with automation, energy-efficient machines, and AI-driven monitoring systems.

Q: How is technology influencing the injection molding machine market?

Technologies like IoT, machine learning, and modular design are enhancing the performance and flexibility of injection molding machines.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6687

Publication Date: Jul 2025

How Big Is the Injection Molding Machine Market?

According to 6Wresearch internal database and industry insights, the Global Injection Molding Machine Market was valued at USD 19.6 Billion in 2024 and is expected to reach USD 30.7 Billion by 2031, growing at a compound annual growth rate of 5.70% during the forecast period (2025-2031).

This growth is primarily fueled by increasing demand for plastic parts from automotive, packaging, consumer electronics and healthcare. The energy efficiency, flexibility and performance advancements of current generation injection molding machines are the main growth catalysts. With most plastic part players transitioning to electric and hybrid injection molding machines are poised for a shift in manufacturing.

View Main Report

Schedule Analyst Call

Growth Factors of the Injection Molding Machine Market

Increase in demand for lightweight components manufactured from plastic in the automotive and electronics industries.
Higher degree of adoption and implementation of Industry 4.0 and smart manufacturing systems
Shift to electric and hybrid designs, which use less energy than hydraulic molds
Higher demand in packaging and medical device areas
Steady increase in automated, robotic-assisted molding solutions

Injection Molding Machine Market Trends

Intelligent manufacturing is beginning to take hold in the Injection Molding Machine Market, with smart equipment being IoT-based enabled systems that optimize processes and offer predictive maintenance and monitoring capabilities. Energy efficient systems, primarily servo-driven, are rapidly replacing traditional hydraulic systems. There is also a trend towards modular machines which allow users the flexibility to utilize machines for various applications and configurations. Artificial Intelligence and digital control interfaces are helping to optimize the setup requirements and monitor production cycles.

Emerging Developments in the Injection Molding Machine Market

Injections Molding Machine Market Advancement in AI and robotic technology is allowing agents for autonomy in molding operations and real-time quality control. Additive manufacturing is being combined on molding machines to form a hybrid production line. Growth in cleanroom compliant machines in the medical and pharmaceutical sectors is set for growth. Elsewhere, industries are using machine learning algorithms to limit faults and reduce downtime.