03:16 ETGlobal Injection Molding Machine Market to Reach USD 28 Billion by 2035 as Smart Manufacturing and Automation Drive Industrial Transformation

prnewswire
2026.04.21 07:17
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The global injection molding machine market is projected to grow from USD 17.4 billion in 2025 to USD 28 billion by 2035, with a CAGR of 4.9%. This growth is driven by rising demand for precision manufacturing, automation, and lightweight materials across industries such as automotive and packaging. Key trends include the adoption of electric and hybrid machines, IoT integration, and a focus on energy efficiency. Asia Pacific is expected to be the growth engine, with significant contributions from India and China. Major players include Haitian International and Arburg.