Austria Injection Molding Machine Market Size & Outlook
Austria injection molding machine market, 2018-2030 (US$M)
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Austria injection molding machine market highlights
- The Austria injection molding machine market generated a revenue of USD 224.7 million in 2023 and is expected to reach USD 310.6 million by 2030.
- The Austria market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2023.
- Metals 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 224.7 million |
| Market revenue in 2030 | USD 310.6 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Metals |
| 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, Austria accounted for 1.4% 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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Austria 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 78.02% in 2023. Horizon Databook has segmented the Austria injection molding machine market based on plastics, metals, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
The automotive sector is predicted to increase as a result of high-level investment in automotive research, resource-efficient efficiency, and energy-saving lightweight automotive component manufacturing.
This is projected to have a positive influence on the growth of the injection molding machine market over the forecast period. For instance, in 2022, German auto manufacturer BMW's announcement of a USD 1.1 billion investment in the production of electric vehicles at a plant in Austria underscores the increasing demand for injection molding machines tailored for electric vehicle components.
This substantial investment signals the automotive industry's pivot towards electric mobility, driving the need for injection molding machines to produce critical plastic parts for electric vehicle manufacturing.
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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 Austria injection molding machine market , including forecasts for subscribers. This country databook contains high-level insights into Austria injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Austria injection molding machine market size, by material, 2018-2030 (US$M)
Austria Injection Molding Machine Market Outlook Share, 2023 & 2030 (US$M)
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