Wired Segment to Dominate APAC Braille Printing Machine Market during 2020-2028
According to this research study titled “APAC 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$ 127.22 million by 2028 from US$ 74.33 million in 2021. The market is estimated to grow at a CAGR of 7.98% from 2021 to 2028. The report provides trends prevailing in the APAC braille printing machine market along with the drivers and restraints pertaining to the market growth. Developments in Tactile Printing Method are the major factor driving the growth of the APAC braille printing machine market. However, high Initial Investment Requirements hinder the growth of APAC braille printing machine market.
APAC is characterized by a large number of developing countries, positive economic outlook, high industrial presence, huge population, and rising disposable income. All these factors make APAC a significant growth driving region for various markets, including braille printing machine. Many braille printer users, connected devices, and the e-commerce sector in this region present a massive opportunity for the growth of the global braille printing machine market. The ongoing COVID-19 is anticipated to cause considerable disruptions in the growth of various industries of the Asia Pacific region. For example, China is the global hub of manufacturing and the most abundant raw material supplier for multiple industries, and it is one of the worst affected COVID-19 countries. The lockdown of different plants and factories in China changes the global supply chains and negatively impacts manufacturing, delivery schedules, and sales of multiple products and services.
The APAC 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 APAC 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 APAC Braille Printing Machine Market as follows:
APAC Braille Printing Machine Market - By Connectivity
APAC Braille Printing Machine Market - By Product Type
APAC Braille Printing Machine Market - By Country
APAC is characterized by a large number of developing countries, positive economic outlook, high industrial presence, huge population, and rising disposable income. All these factors make APAC a significant growth driving region for various markets, including braille printing machine. Many braille printer users, connected devices, and the e-commerce sector in this region present a massive opportunity for the growth of the global braille printing machine market. The ongoing COVID-19 is anticipated to cause considerable disruptions in the growth of various industries of the Asia Pacific region. For example, China is the global hub of manufacturing and the most abundant raw material supplier for multiple industries, and it is one of the worst affected COVID-19 countries. The lockdown of different plants and factories in China changes the global supply chains and negatively impacts manufacturing, delivery schedules, and sales of multiple products and services.
The APAC 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 APAC 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 APAC Braille Printing Machine Market as follows:
APAC Braille Printing Machine Market - By Connectivity
- Wired
- Wireless
APAC Braille Printing Machine Market - By Product Type
- Embossers
- Embossers + Monochrome Ink
- Embossers + Color Ink
APAC Braille Printing Machine Market - By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Table of Contents
1. Introduction
3. Research Methodology
4. APAC Braille Printing Machine Market Landscape
5. APAC Braille Printing Machine Market - Key Market Dynamics
6. Braille Printing Machine Market - APAC Analysis
7. APAC Braille Printing Machine Market Revenue and Forecast to 2028 - By Connectivity
8. APAC Braille Printing Machine Market Revenue and Forecast to 2028 - By Product Type
9. APAC Braille Printing Machine Market - Country Analysis
10. Impact of COVID-19 Pandemic on APAC Braille Printing Machine Market
11. Industry Landscape
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- American Thermoform
- Baumer HHS GmBH
- Humanware Group
- Index Braille
- Nippon Telesoft Co. Ltd
- ViewPlus
- Kanematsu USA
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | June 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 74.33 Million |
| Forecasted Market Value ( USD | $ 127.22 Million |
| Compound Annual Growth Rate | 8.0% |
| Regions Covered | Asia Pacific |
