Guo Meng Source: Internet 106668
According to the research report "In-depth Research Report on China's Injection Molding Machine Market from 2024 to 2029" by China Research Institute of Industry, in recent years, the injection molding machine industry has shown a steady growth trend in both the global and Chinese markets. According to statistics, the global injection molding machinery market sales reached US$9.427 billion in 2023, and it is expected to reach US$10.4 billion by 2030, with a compound annual growth rate of 1.5%. As one of the world's largest injection molding machine producers, China has an annual output of more than 200,000 units and a market share of more than 30%. The scale of the injection molding machine market has continued to grow in recent years. The market scale in 2022 is about 26.35 billion yuan, and it is expected to continue to expand in the future.
Industry policy
In order to promote the healthy development of the injection molding machine industry, the state has introduced a series of relevant policies. These policies mainly include expanding domestic and foreign markets, energy conservation and emission reduction, optimizing industrial structure, improving corporate environment and promoting industry upgrading. For example, enterprises are encouraged to strengthen international cooperation and expand exports; enterprises are supported to expand the domestic market; injection molding machine product research and development is strengthened, energy efficiency is improved, and energy-saving technologies are promoted; injection molding machine enterprises are guided to transform to high-end manufacturing and intelligent manufacturing, and product added value and competitiveness are improved.
Competitive landscape of injection molding machine industry
The competitive landscape of injection molding machine industry presents diversified characteristics. On the one hand, large multinational enterprises such as Austrian Engel, German KraussMaffei, Japanese Sumitomo Demag, etc., with their strong financial strength, advanced technology level and perfect service system, occupy a dominant position in the high-end market. On the other hand, domestic enterprises such as Haitian International, Chenxiong Group, Yizumi, etc. have strong competitiveness in the mid-to-high-end market, while a large number of small and medium-sized enterprises occupy a place in the mid-to-low-end market.
Analysis of key enterprises
Haitian International
Haitian International is a leading enterprise in China's injection molding machine industry, with a market share of 44%, far higher than other domestic enterprises. Its product line covers a full range of injection molding machines, with strong technical strength, stable and reliable product performance, and is widely used in many fields such as automobiles, home appliances, packaging, etc. In recent years, Haitian International has continuously introduced new technologies and new products to enhance its market competitiveness.
Yizumi
Yizumi is another important company in China's injection molding machine industry. In recent years, with the rapid improvement of product performance and active expansion of production, its domestic market share has increased to 8%, ranking second. Yizumi focuses on the research and development and production of precision injection molding machines, and its products have significant advantages in the field of high-precision miniaturized injection molding machines. Its SKIII series injection molding machines have been widely praised in the market.
Development trend of injection molding machine industry
In the future, the injection molding machine industry will show the following development trends:
1. Large-scale and precision: With the development of manufacturing industry, the demand for large plastic products and precision processing continues to increase, and the market for large injection molding machines and precision injection molding machines will continue to grow.
2. Intelligence and digitalization: Intelligence will become an important direction for the development of injection molding machines, including the realization of intelligent control systems, remote monitoring and maintenance, fault diagnosis and early warning and other functions, which will greatly improve production efficiency and equipment reliability.
3. Energy saving and environmental protection: With the improvement of environmental protection requirements, the injection molding machine industry will strengthen technological innovation and environmental protection investment, develop high-efficiency and energy-saving injection molding machine products, and reduce energy consumption and pollution emissions.
4. Global layout: With the transfer of global manufacturing and the development of emerging markets, the injection molding machine industry will increase its global layout and expand overseas markets.
Current problems
Although my country's injection molding machine industry has achieved remarkable results, there are still some problems:
1. The level of technical research and development needs to be improved: Compared with developed countries, my country's injection molding machine industry still has a large gap in technical research and development, brand building, etc.
2. Uneven product quality: Some small and medium-sized enterprises have problems with unstable product quality, which affects the overall image of the industry.
3. Fierce market competition: The injection molding machine industry has fierce market competition, and unfair competition methods such as price wars occur from time to time, affecting the healthy development of the industry.
As an important equipment for plastic product processing, the injection molding machine industry has broad market prospects and development space. In the future, with the continuous advancement of technological innovation and industrial upgrading, the injection molding machine industry will usher in broader development opportunities!