Los Angeles, CA -- (SBWIRE) -- 10/04/2019 -- Moulding equipment is a machine employed in modern factories. These machines automatically produce a large number of moulds with high level of precision and accuracy. Manual intervention is reduced with the help of such machines. It is equipped with pouring and cooling line, moulding machine, and mould emptying station. Manufacturers are taking steps to improve their technology and reduce the cost of operation. This is anticipated to offer a boost to the overall market growth.
According to the market experts, the global moulding equipment market is anticipated to undergo continuous product launches and developments in the coming years. One of such instances is pin lift hand moulding machine. It is gaining traction in small and large factories on account of its flexibility of shifting at any place. Requirement of minimum force, robust construction, and easy operation are some of the key features of this machine.
Technological Advancements to Drive the Moulding Equipment Market
Technological innovations and research and development activities are some of the key factors having a positive impact on the moulding equipment market growth. Manufacturers are introducing advanced moulding machines and offering these machines in varied sizes in order to meet growing demand of the end-use industries including automotive, electronics, healthcare, electrical, and packaging.
Mass production of automotive, consumer goods, and electronics is playing a key role in boosting the moulding equipment market growth. Moreover, benefit of bulk production, material flexibility, less energy consumption, low requirement of manual efforts, and less waste production are anticipated to drive the moulding equipment market.
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Market Participants to Launch New Products
Some of the key players operating in the global moulding equipment market are Baoding Well, Delin Machinery, Sinto, DISA, KW, Hunter, Tokyu, Koyo, ABM Group, Jinan Foundry and Metalforming Machinery, Suzhu Foundry Machinery, Huapei, Baodong CAN (kemeng), Juneng, Loramendi, Baoding Yonghong, Zosan, and Haitel. Key players have been launching a number of novel machines in order to meet the end user's demand and expand their reach across the globe.
For instance, recently, one of the prominent companies, DISA introduced DISAMATIC D3 Vertical Moulding Machine. High speed, productivity, and maximum uptime and performance are some of the key features of this machine.
Key Points to Remember
? Technological innovations to act as a key driver in the global moulding equipment market
? Moulding vertical product type to witness a surge in the demand in the near future
? Moulding equipment is expected to gain popularity in automotive applications
? North America to lead the global moulding equipment market in the forthcoming years
By Product Type
? Moulding Vertical
? Flask
? MATCH
By Application
? Automotive
? Industrial
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