North America 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)

Wired Segment to Dominate North America Braille Printing Machine Market during 2020-2028

According to this research study titled “North America 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$ 175.56 million by 2028 from US$ 129.86 million in 2021. The market is estimated to grow at a CAGR of 4.40% from 2021 to 2028. The report provides trends prevailing in the North America braille printing machine market along with the drivers and restraints pertaining to the market growth. Programs and Projects for Blind Education are the major factor driving the growth of the North America braille printing machine market. However, High Initial Investment Requirements hinder the growth of North America braille printing machine market.

North America is one of the most critical regions for the adoption and growth of new technologies. It is due to favorable government policies to boost innovation, the presence of a vast industrial base, and high purchasing power, especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to affect the region's economic growth negatively. The US is a significant market for braille printing machine, especially in retail & ecommerce sectors. The massive increase in the number of confirmed cases and rising reported deaths in the country affects the manufacturing and sales of braille printers. The factory and business shutdowns across the US, Canada, and Mexico impact the adoption of the braille printing machine market. North America region is home to a large number of manufacturing and technology companies. Thus, the coronavirus outbreak's impact is anticipated to be quite severe in the year 2020 and likely in 2021. Hence, the ongoing COVID-19 crisis and critical situation in the US will impact the braille printing machine market growth of the North America region negatively for the next few quarters

The North America 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, Nippon Telesoft Co. Ltd, ViewPlus, Kanematsu USA, Electronic Brailler LLC, are among the leading companies in the North America 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 North America Braille Printing Machine Market as follows:

North America Braille Printing Machine Market - By Connectivity

• Wired
• Wireless

North America Braille Printing Machine Market - By Product Type

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

North America Braille Printing Machine Market - By Country

• US
• Canada
• Mexico