About Card Printers
Card printers are computerized programmed electronic device meant to print plastic cards. Growing use of cards in banking and finance sectors are expected to drive the market during foretasted period. Of late, companies are focusing on developing environment friendly card printing solutions with improved efficiencies. Moreover, introduction of unique identity cards across in countries are expected to provide great platform for card printers companies to flourish.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Card Printers market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
HID Global [United States], Zebra [United States], Entrust Datacard [United States], Evolis [France], NBS Technologies [Canada], Magicard [United Kingdom], Matica Technologies [Germany] and CIM USA Inc [United States] are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Alphacard [United States], Legendid [United States], Nisca [United States], Valid USA [United States] and Swiftcolor [United States].
Segmentation Overview
AMA Research has segmented the market of Global Card Printers market by Type (Inkjet Printers and Dye Sub Printers) and Region.
On the basis of geography, the market of Card Printers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Banking and Finance will boost the Card Printers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Near-to-Edge Printing will boost the Card Printers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware will boost the Card Printers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for Color and High Definition Printing Solution, Digital Printing Evolution and Emergence of Erasable Printing Technology
Market Growth Drivers:
Huge Demand for Cards in Banking and Finance and Growing Security Need and Popularity of Europay Mastercard and Visa (EMV) Cards
Challenges:
Production of Environment Friendly Card Materials at Large Scale and Issues Related with Compatibility of Card Printers When Operated on Different Operating System
Restraints:
Growing Digitization Led to Paperless or Card Less Operations and Increasing Adoption of Bio-metric Based Transactions
Opportunities:
Focus by Vendors on After-sales Support and Managed Services and Introduction of Personal Identification System in Countries such as India and Japan
In September 2022, CIM USA launched its new MAXIMALER DYNAMIC, a user-friendly automatic card-enveloping system, designed to maximize efficiency. The new MAXIMAILER DYNAMIC emerges as a natural evolution of the MAXIMAILER PLUS HPi, completing CIM's products portfolio., and In March 2022, DASCOM Americas Corporation, a recognized industry leader in business transaction print solutions launched its new DC-2300 modular direct-to-card (DTC) printer.
Key Target Audience
Card Printers Manufacturers, Raw Materials Suppliers, Components Suppliers/Distributors, System Integrators, Potential Investors, Government Agencies, Research Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.