Press release
Braille Printing Machine Market 2021 COVID 19 Impact Analysis Updated Edition Top Players Include American Thermoform, Baumer HHS, Humanware Group, Index Braille and Nippon Telesoft
According to our latest market study on “Braille Printing Machine Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Connectivity and Product Type,” the market was valued at US$ 332.44 million in 2020 and is projected to reach US$ 515.90 million by 2028; it is expected to grow at a CAGR of 5.86% from 2021 to 2028.Tactile printing is the process of inserting a lifted surface into a substrate for generating a texture that is sensed with touch. Increasing demand for personalized tactile solutions is driving the global tactile printing industry. The tactile printing technology is deployed for creating customized products such as braille wristbands, braille pins, musical cards, switches, location labels, street names, visiting cards, stickers (tactile custom stickers), greeting cards, calculators, braille calendars, recorders, and jewelry. Watermark Graphics deploys CLIQX emboss technology for creating tactile printing products on all kinds of substrates, varying from paper and cardstock to poly-plastics. Advancements in tactile technology are expanding the scope of braille printing applications in the pharmaceuticals and medical packaging industries.
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The braille printing market in North America and Europe is expected to exhibit significant growth during the forecast period. North America led the braille printing machine market in 2020. The market growth in the region is mainly attributed to escalating spending by the US government on braille printing development, and the concentration of a number of prominent manufacturers. American Thermoform is a global leader in the production and distribution of braille products and supplies for the blind and visually impaired; the company offers the highest quality and affordably priced braille paper and braille labels and is the world’s largest producer of both products. Asia-Pacific is likely to emerge as the most attractive market for braille printing during 2021–2028. The region includes many developing countries such as India, Japan, and South East Asia countries. These countries are embracing new technologies such as IoT and connected devices and are heavily investing in the same, thereby driving the market for braille printing machines.
Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of the supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Procurement as-a-Service Market’ provides the analysis of the impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecasts to 2028, factoring in the impact of Covid -19 Situation.
The scope of the Report:
The report segments the global Braille Printing Machine Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Braille Printing Machine Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
Major highlights of the report:
All-inclusive evaluation of the parent market
Evolution of significant market aspects
Industry-wide investigation of market segments
Assessment of market value and volume in past, present, and forecast years
Evaluation of market share
Tactical approaches of market leaders
Lucrative strategies to help companies strengthen their position in the market
Major key players covered in this report:
American Thermoform
Baumer HHS GmBH
Humanware Group
Index Braille
Nippon Telesoft Co. Ltd.
Harpo Sp. Z.O.O
ViewPlus
Kanematsu USA
Electronic Brailler LLC
Blista Brailletec
Braille Printing Machine Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
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Reason to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Braille Printing Machine market.
Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
The key findings and recommendations highlight crucial progressive industry trends in the Braille Printing Machine market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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Our research content is majorly focused on market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis etc. We provide a detailed break-up of segmentation in terms of geography, technology, product and services etc.; which helps our clients to get deeper analysis on various research topics.
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