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According to our latest market study, titled “Braille Printing Machine Market” are American Thermoform, HumanWare Group, INDEX BRAILLE, Kanematsu USA (TactPlus), and ViewPlus. The braille printing machine market is highly fragmented due to occurrence of huge number of small scale and medium scale manufacturers in both developed and developing economies. The top 5 market players are majorly focusing on various organic and inorganic growth strategies to survive in the braille printing machine market. Such as, in April 2021, Tecnovisão and HumanWare entered into a distribution partnership in Brazil. this partnership will allow HumanWare to share its innovative blindness and low vision solutions with a larger number of customers in Brazil. Various other market players profiled in the report includes Baumer hhs GmbH, Blista-Brailletec, Electronic Brailler LLC., HARPO, and Nippon Telesoft Co., Ltd. Please note that the market positioning is based on various parameters such as overall/estimated segment revenue, product portfolio, geographical reach, market initiatives, key developments, technology integration, and customer base, among others.
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List Of TOP KEY PLAYERS in Braille Printing Machine Market Report are –
AMERICAN THERMOFORM, HUMANWARE GROUP, INDEX BRAILLE, KANEMATSU USA (TACTPLUS), VIEWPLUS -PROMINENT MARKET PARTICIPANTS IN BRAILLE PRINTING MACHINE MARKET
The global braille printing machine market is segmented based on product type, connectivity, and geography. Based on product type, market is segmented as embossers, embossers + monochrome ink, and embossers + color ink. Embossers segment led the braille printing machine market with 43.71% market share 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. The global braille printing market is segmented into five major regions—North America, Europe, APAC, the MEA, and SAM. North America led the braille printing machine market with 37.95% market share in 2020.
Several factors, such as programs and projects for blind education and developments in tactile printing method for personalized solutions are bolstering the growth of global braille printing machine market. However, installation and maintenance of braille printing machines require high initial investment which restraints the growth of braille printing machine market. With the emergence of additive manufacturing for producing braille printed sheets, there are significant opportunities for the key players in the market. Further, research and development in smart assisted technologies and connected devices for secured data transmission and data storage is an upcoming trend which will be seen to drive the braille printing machine market.
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Braille Printing Machine Market : Segments
A braille printing machine creates tactile dots on heavy paper to make the written document readable or accessible to blind individuals. The braille characters created by the braille printing machine onto paper are similar to ink printers, which improve tactile reading for blind people. It is used by numerous end users at offices and at home. Technical advancements in braille printers such as immediate content printing through enhanced connectivity, most probably wireless connectivity, is propelling the market growth. The global braille printing machine market is growing at a steady rate due to increasing development in machine connectivity solutions. For instance, INDEX BRAILLE, a leading provider of braille printers, has provided mobile connectivity to new printers, eliminating the need of computer connection for printers. The increasing availability of new high-quality papers and inks is further contributing to the market growth.
Further, the market is small and has limited international market players, which is creating a strong growth opportunity for the domestic market players. In the recent years, the deployment of IoT has gained traction among organizations, technology vendors, business decision-makers, as well as consumers; this can be attributed to continuous advancements in semiconductors, sensor technologies, and so on. The braille printers accept data from computer devices and emboss the desired information on the paper with the help of solenoids that control embossing pins. These printers are typically used to print characters on heavyweight papers, and they use a greater number of pages for printing the same volume of information that can be printed on lesser number of pages when using regular printers.
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With tables and figures, helping analyze worldwide Global Braille Printing Machine Market Forecast provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the Market.
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