Report ID: UCMIG35A2016
Report ID:
UCMIG35A2016 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Increasing adoption of injection molding machines (IMMs) in the automotive, electronics and packaging industries is likely to be the key driver of industry growth. Investments in the automotive, packaging and electronics industries in developing countries such as India, China and Brazil are expected to increase demand for injection molding machines in the coming years. Expanding application industries such as biomedical, packaging and construction are expected to positively impact the growth of the market as well. New technological developments, such as the molding of various raw materials through the injection molding process and the increased energy efficiency of injection molding machines, have replaced traditional molding machines in the market. Therefore, the demand for energy-efficient and automated injection molding machines is growing worldwide. In addition, the demand for ceramic injection molding machines is also increasing in the medical and electronic end-use industries.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35A2016