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Injection molding machine industry manufacturers are adopting strategic initiatives, such as product launches, production capacity expansion, mergers, and acquisitions, to siphon more market share and increase their business profitability. For instance, Sumitomo (SHI) Demag is focused on the production of all-electric machines tailored to the needs of the end-use industry. Additionally, the company is expanding its production capacity in Germany to manufacture an increasing number of electric injection molding machines.
Some of the key players operating in injection molding machine industry include