Global Banknote-Printing Machine Market Size 2023-2032 Key Geographical Regions Analysis by Top Key Players with New Report

The Global Banknote-Printing Machine Market was valued at $11.3 billion in 2021, and is projected to reach $29.7 billion by 2031, growing at a CAGR of 10.4% from 2022 to 2031.
Because of their security characteristic in money production, banknote printing machines are crucial for the economic development and well-being of the community. Furthermore, central banks and governments support the machinery and technology that enable banknotes to be issued on more durable substrates and with more advanced security features to combat counterfeit attempts. This can be attributed to the growing adoption of technologies to improve banknote longevity, such as polymer and polymer-composite substrates, as well as varnishes as a protective banknote topcoat.

The rise in currency counterfeiting, terrorist funding, and an increase in government regulations and policies pertaining to clean banknote policies are driving the expansion of the banknote printing machine market outlook. Furthermore, the increase in the number of security breaches in banknote circulation and the adoption of long-lasting solutions in banknote production drive the banknote printing machine market size. However, the growing acceptability and initiatives for digital money and cashless transactions, as well as challenges with outsourcing banknote manufacture, limit the growth of the banknote printing machine industry. On the other hand, the rise of big data analytics in banknote printing machines is likely to provide several Banknote Printing Machine Market Opportunities over the forecast period.

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In terms of component, the solution segment dominates the banknote printing machine market due to high demand for cost savings, increased adoption of polymer and hybrid substrate banknotes, and increased delivery speed and quality to improve and strengthen the existing banknote printing infrastructure. However, due to high demand for design and consulting of new banknote printing machines as part of sophisticated advancements and growth in collaborative efforts by certified network of banknote material and service providers, the service segment is expected to grow at the fastest rate during the forecast period.

Top Key Players of Banknote-Printing Machine Market:
Barry-Wehmiller Companies
Bobst Group SA
Cash Processing Solutions (CPS)
Crane Holdings Co.
Flint Group
Focus Technology Co.Ltd.
Goebel Capital GmbH
Heidelberger Druckmaschinen AG
Koenig & Bauer AG
Komori Corporation
Konica Minolta Inc.
Oumolat Security Printing LLC
Pasaban S.A.
Security Printing & Minting Corporation of India Ltd.

Global Banknote-Printing Machine Market: By Types
Intaglio Printing
Offset Printing
Silk Screen Printing

Global Banknote-Printing Machine Market: By Applications
Private Enterprise
Government
Central Bank

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Global Banknote-Printing Machine Market: Regional Analysis
The countries covered in the regional analysis of the Global Banknote-Printing Machine market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Objectives of the Study:
• To provide with an exhaustive analysis on the Banknote-Printing Machine Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

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