Press release
Piezo Inkjet (PIJ) coding and marking equipment : CAGR of 3.2% during the forecast period
Piezo inkjet (PIJ) Coding and Marking Equipment Market SummaryPiezo Inkjet (PIJ) coding and marking equipment utilize piezoelectric technology to precisely control the ejection of ink droplets onto various surfaces for printing variable information such as barcodes, dates, and logos. This technology offers high-resolution printing capabilities and is commonly used in industries requiring high-quality and durable markings on products.
According to the new market research report "Global PIJ Coding and Marking Equipment Market Report 2024-2030", published by QYResearch, the global PIJ Coding and Marking Equipment market size is projected to reach USD 0.37 billion by 2030, at a CAGR of 3.2% during the forecast period.
Global Piezo inkjet (PIJ) Coding and Marking Equipment MarketSize(US$ Million), 2019-2030
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Above data is based on report from QYResearch: Global Piezo inkjet (PIJ) Coding and Marking Equipment Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
Global Piezo inkjet (PIJ) Coding and Marking Equipment Top15Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
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Above data is based on report from QYResearch: Global Piezo inkjet (PIJ) Coding and Marking Equipment Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of PIJ Coding and Marking Equipment include Videojet, Markem-Imaje, Domino, Diagraph, Matthews Marking System, etc. In 2023, the global top five players had a share approximately 35.0% in terms of revenue.
Piezo inkjet (PIJ) Coding and Marking Equipment,Global Market Size, Split by Product Segment
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Based on or includes research from QYResearch: Global Piezo inkjet (PIJ) Coding and Marking Equipment Market Report 2024-2030.
In terms of product type, currently Print Height Below 50mm is the largest segment, hold a share of 20.4%.
In terms of product application, currently Food and Beverage is the largest segment, hold a share of 52.5%.
Market Drivers for Piezo Inkjet (PIJ) Coding and Marking Equipment:
High Print Quality and Resolution: PIJ systems are known for their ability to produce high-resolution prints with sharp details and fine lines, making them suitable for applications where print quality is paramount, such as in pharmaceuticals and electronics.
Versatility in Substrate Compatibility: PIJ equipment can effectively mark on a wide range of substrates, including porous and non-porous materials like paper, cardboard, plastics, metals, and ceramics, offering versatility in coding applications.
Speed and Productivity: Piezo inkjet technology enables fast printing speeds, allowing for efficient marking on high-speed production lines without compromising print quality, thereby enhancing productivity and throughput.
Reduced Maintenance Requirements: Compared to other printing technologies like Continuous Inkjet (CIJ), PIJ systems have lower maintenance needs due to the absence of frequent printhead cleaning requirements, leading to less downtime and operational disruptions.
Environmental Friendliness: Some PIJ systems use eco-friendly solvent-free inks, reducing environmental impact and meeting sustainability goals in manufacturing processes.
Market Challenges for Piezo Inkjet (PIJ) Coding and Marking Equipment:
Initial Investment Cost: The initial capital investment for acquiring Piezo Inkjet systems can be relatively high, posing a barrier to adoption for small and medium-sized enterprises that may face budget constraints.
Ink Compatibility and Drying Time: Ensuring proper ink compatibility with various substrates and optimizing drying times to prevent smudging and ensure ink adhesion can be challenging, especially when marking on non-porous surfaces.
Maintenance and Printhead Longevity: While PIJ systems generally require less maintenance, ensuring the longevity of printheads and addressing any potential issues promptly is crucial to maintaining consistent print quality and system reliability.
Complex Integration Requirements: Integrating Piezo Inkjet systems into existing production lines and workflows may require technical expertise and adjustments to ensure seamless operation and compatibility with other equipment.
Regulatory Compliance and Serialization: Meeting evolving regulatory requirements for product identification, traceability, and serialization can be a challenge, necessitating continuous updates to software and coding practices to adhere to industry standards.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting (data is widely cited in prospectuses, annual reports and presentations), industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
EN:Â https://www.qyresearch.com
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