Middle East and Africa Hot Runner Temperature Controller Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Valve Gate Hot Runner and Open Gate Hot Runner), Application (Automotive Industry, Electronic Industry, Medical Industry, Packaging Industry, and Others), and Control Zone (Up to 12 Zones, 12-48 Zones, 48-72 Zones, 72-108 Zones, 108- 144 Zones, 144-180 Zones, 180-216 Zones, and Above 216 Zones)
Market Introduction
The hot runner temperature controller market in the Middle East & Africa is further segmented into South Africa, Saudi Arabia, the UAE, and Rest of MEA. The region is projected to have a rapid rise in urbanization and industrialization in the coming years. Gulf countries are economically advanced, while the African countries lag far behind them. Further, the manufacturers are focusing on the latest developments in electronics and packaging industry. Moreover, increasing adoption of advanced hot runner temperature controller owing to growing focus of the governments as well as automakers, is projected to drive the demand for hot runner temperature controller in the region during the forecast period. Additionally, increasing disposable incomes, rising population, and rapid procurement of smart electronic devices in developing African countries as well as growing infrastructural development in countries in the Middle East & Africa are anticipated to contribute to the hot runner temperature controller market growth in this region. Moreover, a significant involvement of these countries in the hosting or co-hosting of various global events is leading to the infrastructural developments.
The Middle East is an important oil-producing region in the world that includes the countries such as Saudi Arabia and the UAE. The COVID-19 pandemic has exposed the economies in this region to many additional challenges as most of countries faced a slack in the transportation operations, dip in goods demands, and disruptions in supply chain operations in FY 2020. Saudi Arabia is one of the largest markets for packaging sector in the Middle East & Africa as the country has a large customer base. Irrespective of the pandemic-related challenges, the rising plastics production in Saudi Arabia and other countries in the Middle East & Africa is indirectly fueling the demand for hot runner temperature controllers. Furthermore, new regulations enacted across the countries in this region regarding the standard approval of usable plastics is also spreading awareness regarding precise plastic molding industrial operations, further encouraging the adoption of smart technologies for precise manufacturing.
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Market Overview and Dynamics
The hot runner temperature controller market in Middle East & Africa is expected to grow from US$ 10.55 million in 2021 to US$ 18.04 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028. The whole time from the start to the finish of a process is referred to as the cycle time. Hot runner temperature controllers facilitate the reduction of plastic waste and cycle time, allowing for cost savings. This can be accomplished by maintaining a consistent heating temperature throughout the molded plastic item or polymer. The scrap generated by using a hot runner controller is limited or nil, further lowering the machine's running costs. Moreover, the trash generated can be reused, and the scrap can be reshaped by grinding it in the hot runner controller system again. As the plastic in the runner doesn’t solidify, there is less scrap; one doesn't have to wait for the resin to cool, typically decreasing the cycle time. A shorter cycle time further translates into a reduced cost per part. Sink marks can also be avoided by using hot runners. Shorter cycle times can be attributed to the fact that the thickest part controls cooling time; thus, removing the cold runner will minimize cycle time. For instance, in several thin-wall injection molding methods, cycle time is less than 5 seconds. Moreover, hot runner temperature controller uses less plastic and consume less energy; moreover, they demand less manual labor for runner handling, trimming, and regrinding. As a result, hot runner temperature controllers operate with the less wastage of materials while minimizing the negative consequences of dumping plastics. These factors drive the hot runner temperature controller industry growth.
Key Market Segments
In terms of type, the valve gate segment accounted for the largest share of the Middle East & Africa hot runner temperature controller market in 2020. In terms of application, the packaging industry segment accounted for the largest share of the Middle East & Africa hot runner temperature controller market in 2020. In term of control zone, the 12-48 Zones segment held a larger market share of the hot runner temperature controller market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the hot runner temperature controller market in Middle East & Africa are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Gammaflux; Husky Injection Molding Systems Ltd.; Meusburger Georg GmbH & Co KG; INGLASS S.P.A.; Hillenbrand, Inc.; and GÜNTHER Heisskanaltechnik GmbH among others.
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- To understand the Middle East & Africa hot runner temperature controller market landscape and identify market segments that are most likely to guarantee a strong return
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- Obtain market revenue forecast for market by various segments from 2021-2028 in Middle East & Africa region.
Middle East & Africa Hot Runner Temperature Controller Market Segmentation
Middle East & Africa Hot Runner Temperature Controller Market – By Type
- Valve Gate
- Open Gate
Middle East & Africa Hot Runner Temperature Controller Market – By Application
- Automotive Industry
- Electronic Industry
- Medical Industry
- Packaging Industry
- Others
Middle East & Africa Hot Runner Temperature Controller Market – By Control Zone
- Up to 12 Zones
- 12-48 Zones
- 48-72 Zones
- 72-108 Zones
- 108-144 Zones
- 144-180 Zones
- 180-216 Zones
- Above 216 Zones
Middle East & Africa Hot Runner Temperature Controller Market – By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
Middle East & Africa Hot Runner Temperature Controller Market – Companies Mentioned
- Gammaflux
- Husky Injection Molding Systems Ltd.
- Meusburger Georg GmbH & Co KG
- INGLASS S.P.A.
- Hillenbrand, Inc.
- GÜNTHER Heisskanaltechnik GmbH
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Hot Runner Temperature Controller – Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Middle East & Africa Hot Runner Temperature Controller Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Burgeoning Use of Molded Plastics in Automotive, Medical Devices, Construction, and Packaging Industries
5.1.2 Decreasing of Cycle Time and Reduction of Plastic Waste
5.2 Key Market Restraints
5.2.1 Excessive Dependency on Manufacturing Sector
5.3 Key Market Opportunities
5.3.1 Prospering IoT and Industry 4.O
5.4 Future Trends
5.4.1 Up-lifting Adoption of New-Generation Multizone Hot Runner Controller Technology
5.5 Impact Analysis of Drivers and Restraints
6. Middle East & Africa Hot Runner Temperature Controller – Market Analysis
6.1 Middle East & Africa Hot Runner Temperature Controller Market Overview
6.2 Middle East & Africa Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
7. Middle East & Africa Hot Runner Temperature Controller Market Analysis – By Type
7.1 Overview
7.2 Middle East & Africa Hot Runner Temperature Controller Market- by Type
7.3 Valve Gate Hot Runner
7.3.1 Overview
7.3.2 Valve Gate Hot Runner: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
7.4 Open Gate Hot Runner
7.4.1 Overview
7.4.2 Open Gate Hot Runner: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
8. Middle East & Africa Hot Runner Temperature Controller Market Analysis – By Application
8.1 Overview
8.2 Middle East & Africa Hot Runner Temperature Controller Market- By Application
8.3 Automotive Industry
8.3.1 Overview
8.3.2 Automotive Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
8.4 Electronic Industry
8.4.1 Overview
8.4.2 Electronic Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
8.5 Medical Industry
8.5.1 Overview
8.5.2 Medical Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
8.6 Packaging Industry
8.6.1 Overview
8.6.2 Packaging Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa Hot Runner Temperature Controller Market Analysis – By Control Zone
9.1 Overview
9.2 Middle East & Africa Hot Runner Temperature Controller Market- By Control Zone
9.3 Up to 12 Zones
9.3.1 Overview
9.3.2 Up to 12 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9.4-48 Zones
9.4.1 Overview
9.4.2-48 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9.5-72 Zones
9.5.1 Overview
9.5.2-72 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9.6-108 Zones
9.6.1 Overview
9.6.2-108 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9.7-144 Zones
9.7.1 Overview
9.7.2-144 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9.8-180 Zones
9.8.1 Overview
9.8.2-180 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9.9-216 Zones
9.9.1 Overview
9.9.2-216 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9.10 Above 216 Zones
9.10.1 Overview
9.10.2 Above 216 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
10. Middle East & Africa Hot Runner Temperature Controller Market – Country Analysis
10.1 Overview
10.1.1 MEA: Hot Runner Temperature Controller Market- by Key Country
10.1.1.1 South Africa: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 South Africa: Hot Runner Temperature Controller Market- by Type
10.1.1.1.2 South Africa: Hot Runner Temperature Controller Market- By Application
10.1.1.1.3 South Africa: Hot Runner Temperature Controller Market- By Control Zone
10.1.1.2 UAE: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 UAE: Hot Runner Temperature Controller Market- by Type
10.1.1.2.2 UAE: Hot Runner Temperature Controller Market- By Application
10.1.1.2.3 UAE: Hot Runner Temperature Controller Market- By Control Zone
10.1.1.3 Saudi Arabia: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Saudi Arabia: Hot Runner Temperature Controller Market- by Type
10.1.1.3.2 Saudi Arabia: Hot Runner Temperature Controller Market- By Application
10.1.1.3.3 Saudi Arabia: Hot Runner Temperature Controller Market- By Control Zone
10.1.1.4 Rest of MEA: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Rest of MEA: Hot Runner Temperature Controller Market- by Type
10.1.1.4.2 Rest of MEA: Hot Runner Temperature Controller Market- By Application
10.1.1.4.3 Rest of MEA: Hot Runner Temperature Controller Market- By Control Zone
11. Impact of COVID-19 Pandemic on Middle East & Africa Hot Runner Temperature Controller Market
11.1.1 Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 Gammaflux
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 GÜNTHER Heisskanaltechnik GmbH
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Husky Injection Molding Systems Ltd.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Meusburger Georg GmbH & Co KG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 INGLASS S.P.A.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Hillenbrand, Inc. (MOLD-MASTERS)
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Middle East & Africa Hot Runner Temperature Controller Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. South Africa: Hot Runner Temperature Controller Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa: Hot Runner Temperature Controller Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa: Hot Runner Temperature Controller Market- By Control Zone –Revenue and Forecast to 2028 (US$ Million)
Table 5. UAE: Hot Runner Temperature Controller Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. UAE: Hot Runner Temperature Controller Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 7. UAE: Hot Runner Temperature Controller Market- By Control Zone –Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia: Hot Runner Temperature Controller Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. Saudi Arabia: Hot Runner Temperature Controller Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 10. Saudi Arabia: Hot Runner Temperature Controller Market- By Control Zone –Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of MEA: Hot Runner Temperature Controller Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of MEA: Hot Runner Temperature Controller Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of MEA: Hot Runner Temperature Controller Market- By Control Zone –Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. Middle East & Africa Hot Runner Temperature Controller Market Segmentation
Figure 2. Middle East & Africa Hot Runner Temperature Controller Market Segmentation – By Country
Figure 3. Middle East & Africa Hot Runner Temperature Controller Market Overview
Figure 4. Valve Gate Hot Runner Segment Held the Largest Market Share in 2020
Figure 5. Packaging Industry Segment Held the Largest Market Share in 2020
Figure 6.-72 Zone Segment Held the Largest Market Share in 2020
Figure 7. The UAE was the Largest Revenue Contributor in 2020
Figure 8. Middle East & Africa – PEST Analysis
Figure 9. Hot Runner Temperature Controller Market– Ecosystem Analysis
Figure 10. Expert Opinions
Figure 11. Middle East & Africa Hot Runner Temperature Controller Market: Impact Analysis of Drivers and Restraints
Figure 12. Middle East & Africa Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Middle East & Africa Hot Runner Temperature Controller Market Revenue Share, By Type (2020 and 2028)
Figure 14. Valve Gate Hot Runner: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Open Gate Hot Runner: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Middle East & Africa Hot Runner Temperature Controller Market Revenue Share, By Application (2020 and 2028)
Figure 17. Automotive Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Electronic Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Medical Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Packaging Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Others: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Middle East & Africa Hot Runner Temperature Controller Market Revenue Share, By Control Zone (2020 and 2028)
Figure 23. Up to 12 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 24.-48 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 25.-72 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 26.-108 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 27.-144 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 28.-180 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 29.-216 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Above 216 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Geographic Overview: Middle East & Africa Hot Runner Temperature Controller Market
Figure 32. MEA: Hot Runner Temperature Controller Market Revenue Share, By Key Country (2020 and 2028)
Figure 33. South Africa: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. UAE: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Saudi Arabia: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Rest of MEA: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Impact of COVID-19 Pandemic in Middle East & Africa Country Markets
- Gammaflux
- Husky Injection Molding Systems Ltd.
- Meusburger Georg GmbH & Co KG
- INGLASS S.P.A.
- Hillenbrand, Inc.
- GÜNTHER Heisskanaltechnik GmbH
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