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Technology affects enterprise competitiveness, while cycles affect industry demand

Injection molding machines are a key player in modern plastic manufacturing, widely used in the production process of spare parts in various manufacturing industries such as packaging, home furnishings, home appliances, automobiles, and 3C. Due to the diversity of demands, the performance requirements of injection molding machines also vary. On the other hand, modern servo motor and integrated electronic technology are constantly maturing, driving the technological level of injection molding machines to continuously improve. Continuous technological progress is a necessary condition for enterprises to maintain long-term market competitiveness.
The industry demand for injection molding machines has seen a compound sales growth rate of over 10% since 2000. From an overall industry perspective, the impact of a single industry on the demand for injection molding machines is limited, and manufacturing investment has a significant impact on the demand for injection molding machines. Since the second half of 2016, the growth rate of investment in the manufacturing industry has begun to rebound. As an important spare parts manufacturing equipment, the recovery of investment in the manufacturing industry has directly driven the growth of industry demand.
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