| | DECEMBER 20228The global injection moulding machine market size is anticipated to reach $19.68 billion by 2023, growing at a Compound Annual Growth Rate of 2.9 percent during the forecast period. One of the major factors driving the growth of this industry includes the growing automotive industry in the APAC region. Moreover, the surge in demand for automobiles in the APAC countries is bolstering the sales of injection moulding machines in the region. The demand for automobiles in countries such as China, India, Indonesia, and Japan is fostering the growth of the injection molding machine market in APAC. Injection moulding machines are used in the production of products made of plastics, rubber, metal, and ceramic. These INJECTION MOULDING MACHINES OFFERING ENHANCED ACCURACYTHE PANORAMA
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