26-Feb-2020 | Facts and Factors
Facts and Factors has authored “Inkjet Card Printer Market By Product Type (Thermal Foaming and Micro Piezo), and By Application (Cards with RFID, Cards with Mag Strips, Cards with Holograms and Cards with Engraved): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026”. The report predicts the global Inkjet Card Printer market to reach around USD 1300 million by 2026. The global Inkjet Card Printer market is anticipated to register a significant CAGR of nearly 6.5% during the forecast period.
Inkjet printing is the most commonly used method of computer printing that creates a digital image by boosting link droplets onto plastic and paper materials. Inkjet card printers are desktop printers with single card feeders that are used to print customized plastic cards. Typically, inkjet card printers are enabled with laminating, striping and puncturing functions that use web-based or desktop-based software to generate printed cards. Inkjet printing is the most cost-effective form of printing technique adopted across various industries. Along with plastic and paper of different weights and sizes, inkjet printers can print on a wide variety of cloth, iron-on transfers, canvas among others. These printers have a wide range of colors that enable printing of photographs on specialized photo paper for higher photorealistic possibilities.
Browse the full “Inkjet Card Printer Market By Product Type (Thermal Foaming and Micro Piezo), and By Application (Cards with RFID, Cards with Mag Strips, Cards with Holograms and Cards with Engraved): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026" report at https://www.fnfresearch.com/inkjet-card-printer-market-by-producttype-thermal-foaming
Inkjet printers are cost-effective for the long term in comparison to laser or other forms of printing methods. Due to cost advantage inkjet printers are commonly used for household printing. With greater advantages provided by inkjet printers, manufacturers are focused on expanding the new innovations such as conductive inkjet ink to print sensors, circuits, antenna, and other hardware components onto various media such as cloth, paper, and others. Inkjet printing is also being developed to be adopted in biomedical studies for printing DNA onto substrate.
One of the challenges hindering the growth of the inkjet card printing market is the costlier initial investment and maintenance of the printers. This has slowed down the growth of inkjet printers in small and medium scale enterprises.
An increase in digitalization across the globe is a key aspect driving the Inkjet Card Printer market. With the increased use of credit cards, debit cards, electronic payment cards, inkjet card printing method has gained upsurge over the forecasted time span.
By product type, the micro piezo segment led the global Inkjet Card Printer market by accounting to a market share of almost 52.67%. On the basis of application cards with the RFID segment dominated the global inkjet card printing market accounting for a market share of 35.66% in 2018.
Geographically, the global Inkjet Card Printer market was dominated by North America by generating revenues worth nearly USD 843.4 million in 2019. This dominance is majorly attributed to the increase in high-quality packaging and graphics industry in the U.S and Canada. However, Europe is set to witness the second-fastest growth of around 6.3% over the forecast period.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 843.4 Million |
Projected Market Size in 2026 |
USD 1300 Million |
CAGR Growth Rate |
6.5% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
HID Global, Zebra technologies, Entrust Datacard, Evolis, Kanematsu Corporation, NBS Technologies, Magicard, Matica Technologies, MF Group. , and others. |
Key Segment |
By Product, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Some of the essential players operating in the Inkjet Card Printers market, but not restricted to include HID Global, Zebra technologies, Entrust Datacard, Evolis, Kanematsu Corporation, NBS Technologies, Magicard, Matica Technologies, MF Group among others.
The taxonomy of the Inkjet Card Printers Market by its scope and segmentation is as follows:
Global Inkjet Card Printer Market: By Product Type Segmentation Analysis
- Thermal Foaming
- Micro Piezo
Global Inkjet Card Printer Market: By Application Segmentation Analysis
- Cards with RFID
- Cards with Mad strips
- Cards with Holograms
- Cards with Engraved
Global Inkjet Card Printers Market: Regional Segmentation Analysis
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-East Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- The Middle-East and Africa
- GCC Countries
- South Africa
- Rest of Middle-East Africa
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