Middle East and Africa Braille Printing Machine Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Connectivity (Wired and Wireless) and Product Type (Embossers, Embossers + Monochrome Ink, and Embossers + Color Ink)

Wireless Segment is the fastest growing in MEA Braille Printing Machine Market during 2020-2028

According to this research study titled “MEA Braille Printing Machine Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Connectivity, Product Type,” the market is expected to reach US$ 32.24 million by 2028 from US$ 22.01 million in 2021. The market is estimated to grow at a CAGR of 5.61% from 2021 to 2028. The report provides trends prevailing in the MEA braille printing machine market along with the drivers and restraints pertaining to the market growth. Booming Use of Additive Manufacturing for Producing Braille Printed Sheets are the major factor driving the growth of the MEA braille printing machine market. However, Enormous Initial Investment Requirements hinder the growth of MEA braille printing machine market.

Among the Middle East and Africa (MEA) countries, Iran has faced the highest number of COVID-19 confirmed cases. Other major countries facing the economic impact of COVID-19 include Turkey, Saudi Arabia, UAE, Egypt, Morocco, and Kuwait. The region comprises many growing economies such as UAE, among others, which are prospective markets for braille printing machine providers, owing to the huge presence of diverse customer base for the retail and e-commerce industry. The global COVID-19 pandemic would have significant effects on global economies. Still, the Middle East region is anticipated to be especially impacted, as there is already pressure on the economy of various oil-based countries due to falling oil prices. In addition to this, the factory lockdowns, business shutdowns, and travel bans further aggravate the countries' economic problems in the MEA region. Hence, the estimated decline in MEA's economic condition and impact of COVID-19 on the growth of various industries in the region is expected to negatively impact the growth of the braille printing machine market in 2020 and 2021

The MEA braille printing machine market is segmented based on product type, connectivity, and country. Based on product type, market is segmented as embossers, embossers + monochrome ink, and embossers + color ink. Embossers segment led the braille printing machine market in 2020. Based on connectivity, market is segmented as wired and wireless. Wired segment led the braille printing machine market in 2020. However, wireless segment is anticipated to grow at the highest CAGR during the forecast period 2021-2028.

American Thermoform, Baumer HHS GmBH, Humanware Group, Index Braille,Harpo Sp. Z.O.O, ViewPlus, Kanematsu USA are among the leading companies in the MEA braille printing machine market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, Enabling Technologies and HumanWare enters a new strategic partnership that will increase Enabling Technologies’ embosser distribution and expand HumanWare’s product portfolio offer into print braille.

The report segments the MEA Braille Printing Machine Market as follows:

MEA Braille Printing Machine Market - By Connectivity

• Wired
• Wireless

MEA Braille Printing Machine Market - By Product Type

• Embossers
• Embossers + Monochrome Ink
• Embossers + Color Ink

MEA Braille Printing Machine Market - By Country

• South Africa
• Saudi Arabia
• UAE
• Rest of MEA