Germany Injection Molding Machine Market Size & Outlook
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Germany injection molding machine market highlights
- The Germany injection molding machine market generated a revenue of USD 1,283.5 million in 2023 and is expected to reach USD 1,724.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2023.
- Plastics is the most lucrative material segment registering the fastest growth during the forecast period.
Injection molding machine market data book summary
| Market revenue in 2023 | USD 1,283.5 million |
| Market revenue in 2030 | USD 1,724.8 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Plastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Metals, Other Materials |
| Key market players worldwide | Arburg, Haitian International Holdings Ltd, Milacron India, Sumitomo Corp, Chen Hsong Holdings Ltd, Husky Injection Molding Systems, The Japan Steel Works Ltd, Ube Corp, WITTMANN, Shibaura Machine Co Ltd, Nissei Plastic Industrial, ENGEL AUSTRIA GmbH, Toyo Machinery & Metal, KraussMaffei |
Other key industry trends
- In terms of revenue, Germany accounted for 8.0% of the global injection molding machine market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany injection molding machine market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 425.1 million by 2030.
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Injection Molding Machine Market Scope
Injection Molding Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany injection molding machine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to injection molding machine market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 77.7% in 2023. Horizon Databook has segmented the Germany injection molding machine market based on plastics, metals, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
According to the World Bank, Germany is one of the most developed economies in the world. The country has one of the largest manufacturing sectors and ranks third in terms of exports of goods and services.
The automotive industry in Germany is the largest in Europe in terms of revenue and volume owing to the precise and innovative nature of car manufacturers and suppliers based in the country. Increasing production of automobiles across the country are expected to have a positive impact on the injection molding machine market.
Moreover, injection molding offers cost-effective solutions for mass production while ensuring durability and quality consistency, meeting the stringent standards of the automotive sector. With the increasing demand for lightweight materials and the trend toward electric vehicles, injection molding machines continue to play a pivotal role in driving innovation and efficiency in the automotive manufacturing process.
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Our clientele includes a mix of injection molding machine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany injection molding machine market , including forecasts for subscribers. This country databook contains high-level insights into Germany injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany injection molding machine market size, by material, 2018-2030 (US$M)
Germany Injection Molding Machine Market Outlook Share, 2023 & 2030 (US$M)
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