Market Overview:
The global quick mold change market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for quick mold change systems in injection molding machines, presses, forging machines and other machines. Additionally, the growing demand for quick die change systems in automotive and aerospace industries is also propelling the growth of this market. However, high installation and maintenance costs may restrain the growth of this market to some extent during the forecast period. On basis of type, magnetic quick die change system held a major share of the global Quick Mold Change Market in 2017 owing to its advantages such as easy installation and low maintenance cost as compared to hydraulic rapid die change system.
Product Definition:
A quick mold change is a process that allows for the replacement of a mold tooling without having to stop or slow down the production line. The importance of quick mold change is that it allows manufacturers to keep up with demand while also reducing downtime.
Magnetic Quick Die Change System:
Magnetic quick die change system is used in the molding industry to quickly change a part or product in the mold. It’s major application includes changing of injection molded parts and metal castings. The system consists of four components, Magnetic base, Motorized platform, Changing tool and Control switch which are connected by two wires. When control switch is activated current flows through control wire into magnetic platform where it attracts magnet which holds tool for changing position as per requirement.
Hydraulic Rapid Die Change System:
The hydraulic rapid die change system is used to quickly and efficiently change the mold of a part or product. It uses high-pressure fluid to rapidly deform the old mold and create a new one with required dimensions. This technology has been around for many years but recently gained popularity due to its cost effectiveness, ease of use, time efficiency & safety features.
Application Insights:
Injection molding machine was the largest application segment in 2017 and is expected to maintain its dominance over the forecast period. The growth of this application can be attributed to increasing demand for molded products in various industries such as automotive, packaging, consumer goods and medical equipment. Injection molding machines require quick die changeover as they are large and heavy machines that need frequent repairs or maintenance operations.
The press segment is also anticipated to grow significantly over the forecast period owing to its ability to produce high-quality metalworking parts with low scrap rates and fast cycle times at a relatively lower cost than other alternatives such as forging or machining. The changing tool design has led presses manufacturers including Kato Polytech Systems Co., Ltd., Marel USA Inc., Heidenhain AG & Co. KGaA, D&H Industries Group Inc., Fanuc Corp.
Regional Analysis:
Asia Pacific dominated the global quick mold change market in terms of revenue with a share of over 40.0% in 2017. The region is expected to continue its dominance over the forecast period as well owing to increasing demand for small-sized components from various end-use industries, such as electronics and automotive, which require fast production runs.
The growing manufacturing sector and rapid industrialization are also anticipated to drive product adoption across emerging countries such as India and China, thereby contributing significantly towards regional growth during the forecast period. Furthermore, rising disposable income levels coupled with an expanding middle class population base will further fuel industry expansion over the coming years.
North America is projected to witness significant growth during the same period due to technological advancements along with increased focus on energy conservation by manufacturers operating within this region.
Growth Factors:
- Increasing demand for quick mold change technology in the automotive and aerospace industries to improve production efficiency.
- Growing popularity of quick mold change systems among small and medium-sized businesses due to the lower cost of ownership and faster return on investment.
- Development of new technologies that make quick mold changes faster, easier, and more accurate.
- Rising demand for customized quick mold change solutions to meet specific production needs.
- Growing awareness of the benefits of quick mold changes among manufacturing professionals, leading to wider adoption across all industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Quick Mold Change Market Research Report
By Type
Magnetic Quick Die Change System, Hydraulic Rapid Die Change System, Others
By Application
Injection Molding Machine, Press, Forging Machine, Other Machines
By Companies
FORWELL, Staubli, KOSMEK, EAS Change Systems, Sonco, MICO Myoungjin, Acdun, Sandsun, Pascal, King-air, Licidianqi, HWCD, Qianhao, SR ENGINEERING CO.,LTD, Nicemachine
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Quick Mold Change Market Report Segments:
The global Quick Mold Change market is segmented on the basis of:
Types
Magnetic Quick Die Change System, Hydraulic Rapid Die Change System, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Injection Molding Machine, Press, Forging Machine, Other Machines
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FORWELL
- Staubli
- KOSMEK
- EAS Change Systems
- Sonco
- MICO Myoungjin
- Acdun
- Sandsun
- Pascal
- King-air
- Licidianqi
- HWCD
- Qianhao
- SR ENGINEERING CO.,LTD
- Nicemachine
Highlights of The Quick Mold Change Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Magnetic Quick Die Change System
- Hydraulic Rapid Die Change System
- Others
- By Application:
- Injection Molding Machine
- Press
- Forging Machine
- Other Machines
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Quick Mold Change Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Quick Mold Change is a process that allows you to quickly change the mold on your product. This can be helpful if you need to make a quick adjustment to the design of your product, or if there is an issue with the mold that needs to be fixed as soon as possible.
Some of the major players in the quick mold change market are FORWELL, Staubli, KOSMEK, EAS Change Systems, Sonco, MICO Myoungjin, Acdun, Sandsun, Pascal, King-air, Licidianqi, HWCD, Qianhao, SR ENGINEERING CO.,LTD, Nicemachine.
The quick mold change market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Quick Mold Change Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Quick Mold Change Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Quick Mold Change Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Quick Mold Change Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Quick Mold Change Market Size & Forecast, 2020-2028
4.5.1 Quick Mold Change Market Size and Y-o-Y Growth
4.5.2 Quick Mold Change Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Magnetic Quick Die Change System
5.2.2 Hydraulic Rapid Die Change System
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Injection Molding Machine
6.2.2 Press
6.2.3 Forging Machine
6.2.4 Other Machines
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Quick Mold Change Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Quick Mold Change Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Magnetic Quick Die Change System
9.6.2 Hydraulic Rapid Die Change System
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Injection Molding Machine
9.10.2 Press
9.10.3 Forging Machine
9.10.4 Other Machines
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Magnetic Quick Die Change System
10.6.2 Hydraulic Rapid Die Change System
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Injection Molding Machine
10.10.2 Press
10.10.3 Forging Machine
10.10.4 Other Machines
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Magnetic Quick Die Change System
11.6.2 Hydraulic Rapid Die Change System
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Injection Molding Machine
11.10.2 Press
11.10.3 Forging Machine
11.10.4 Other Machines
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Magnetic Quick Die Change System
12.6.2 Hydraulic Rapid Die Change System
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Injection Molding Machine
12.10.2 Press
12.10.3 Forging Machine
12.10.4 Other Machines
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Magnetic Quick Die Change System
13.6.2 Hydraulic Rapid Die Change System
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Injection Molding Machine
13.10.2 Press
13.10.3 Forging Machine
13.10.4 Other Machines
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Quick Mold Change Market: Competitive Dashboard
14.2 Global Quick Mold Change Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FORWELL
14.3.2 Staubli
14.3.3 KOSMEK
14.3.4 EAS Change Systems
14.3.5 Sonco
14.3.6 MICO Myoungjin
14.3.7 Acdun
14.3.8 Sandsun
14.3.9 Pascal
14.3.10 King-air
14.3.11 Licidianqi
14.3.12 HWCD
14.3.13 Qianhao
14.3.14 SR ENGINEERING CO.,LTD
14.3.15 Nicemachine
