Europe 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)
Market Introduction
Germany, France, the UK, and Italy are among the prime contributors to the European braille printing machine market. Steady economic progress is a good indicator of opportunities for braille printing machine manufacturers in European countries. Further, the Horizon Europe initiative has provided a boost to research and innovation activities in Europe. Horizon Europe is a key research and innovation funding program of the European Union (EU) with the budget of US$ 115 billion (EUR 95.5 billion). The program helps EU countries tackle the consequences of climate change, achieve the UN’s Sustainable Development Goals, and boost the EU’s competitiveness and growth. It facilitates collaborations as well as highlights the weight of research and innovation in the development, support, and implementation of EU policies while tackling challenges. This will bolster growth in companies that are developing technologies for differently abled, including persons with visual impairment through funding in innovation, research, and development. The European Union has been active for many years in the field of disability, covering different fields such as information, society, education, employment, and health through various policies. It recently imposed the European Disability Strategy 2010–2020, and the European Commission (EC) adopted a European Accessibility Act in 2012. The European Disability Strategy calls for accessibility as “a precondition for participation in society.” Moreover, prominent players like Braillo and Index Braille are well-established in braille printing machine market. Braillo, Norway, is a pioneer in braille embosser technology as the company developed the world’s first double-sided (interpoint) braille embosser—Braillo 270—together with SINTEF, a Trondheim-based research institute. Index Braille, Sweden, one of the main manufacturers of braille printers, has a high yearly growth rate, with a share of more than one-third of the braille embosser market. The presence of such prominent braille printing machine manufacturers is fueling the market growth in Europe.
Due to the COVID-19 outbreak, Spain, Italy, Germany, UK, and France are some of the worst affected member states in the European region. Businesses in the region face severe economic difficulties as they had either to suspend their operations or substantially reduce their activities. Owing to business lockdowns, travel bans, and supply chain disruptions, the region is anticipated to have an economic slowdown in 2020 and most likely in 2021. The member states of Europe, such as Italy, Spain, and Germany, have implemented drastic measures and travel restrictions to limit the spread of coronavirus among its citizens. European countries represent a significant market for braille printing machine adoption and growth owing to the high purchasing power of individual customers and boosting the e-commerce industry. However, due to COVID-19, the manufacturing of braille printers has seen a sharp decline in European countries. The retail & e-Commerce industry is expected to be under stress in 2020, and it will require time to stabilize. All these factors are expected to impact braille printing machine market growth in European countries directly. Italy, Spain, Germany, UK, and France braille printing machine markets are anticipated to see the worst impact in 2020 and likely in 2021.
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Market Overview and Dynamics
The braille printing machine market in Europe is expected to grow from US$ 106.00 million in 2021 to US$ 161.27 million by 2028; it is estimated to grow at a CAGR of 6.18% from 2021 to 2028. Growing Use of Additive Manufacturing for Producing Braille Printed Sheets; Additive manufacturing/3D printing technology is emerging as one of the most significant technique of producing electronic devices and components. It can decrease the investment needed to attain economies of scale and enhance the flexibility of electronic components; consequently, the 3D manufacturing consist of fully functional electromechanical parts is anticipated to offer lucrative opportunities for the growth of braille printed electronics technology. Additive manufacturing involves generating 3D models using a layer-by-layer process. Researchers in the UK and Spain are continuously focusing on exploring the potential of 3D printing applications to transform pharmaceuticals industry, and in 2020, they published the summary of their studies in the research paper “3D Printed Tablets (Printlets) with Braille and Moon Patterns for Visually Impaired Patients.” Thus, increasing efforts of scientists and manufacturers for extending the use of progressive methods such as braille with printlets for patient-specific treatment for preventing the dosage errors and urge the visually disabled people to continue with their medication. Therefore, the application of additive manufacturing for braille printing is creating significant opportunities for the braille printing machine market players. This is bolstering the growth of the braille printing machine market.
Key Market Segments
In terms of connectivity type, the wired segment accounted for the largest share of the Europe braille printing machine market in 2020. In terms of product type, the Embossers + color ink segment held a larger market share of the braille printing machine market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the braille printing machine market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are American Thermoform, Baumer HHS GmBH, Humanware Group, Index Braille,Harpo Sp. Z.O.O, ViewPlus, Kanematsu USA, Blista Brailletec.
Reasons to buy report
- To understand the Europe braille printing machine market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe braille printing machine market
- Efficiently plan M&A and partnership deals in Europe braille printing machine market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe braille printing machine market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region
EUROPEBRAILLE PRINTING MACHINE MARKETSEGMENTATION
Europe Braille Printing Machine Market – By Connectivity
- Wired
- Wireless
Europe Braille Printing Machine Market – By Product Type
- Embossers
- Embossers + Monochrome Ink
- Embossers + Color Ink
Europe Braille Printing Machine Market – By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Braille Printing Machine Market -Companies Mentioned
- American Thermoform
- Baumer HHS GmBH
- Humanware Group
- Index Braille
- Harpo Sp. Z.O.O
- ViewPlus
- Kanematsu USA
- Blista Brailletec
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Braille Printing Machine Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Braille Printing Machine Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Programs and Projects for Blind Education
5.1.2 Evolution in Tactile Printing Method
5.2 Market Restraints
5.2.1 Huge Initial Investment Requirements
5.3 Market Opportunities
5.3.1 Increasing Use of Additive Manufacturing for Producing Braille Printed Sheets
5.4 Future Trends
5.4.1 Advancement of Smart Assisted Technologies and Connected Devices
5.5 Impact Analysis of Drivers and Restraints
6. Braille Printing Machine Market – Europe Analysis
6.1 Braille Printing Machine Europe Overview
6.2 Europe Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
7. Europe Braille Printing Machine Market Revenue and Forecast to 2028 – By Connectivity
7.1 Overview
7.2 Europe Braille Printing Machine Market Breakdown, by Connectivity, 2020 & 2028
7.3 Wired
7.3.1 Overview
7.3.2 Wired Forecast and Analysis
7.4 Wireless
7.4.1 Overview
7.4.2 Wireless Market Forecast and Analysis
8. Europe Braille Printing Machine Market Revenue and Forecast to 2028 – By Product Type
8.1 Overview
8.2 Europe Braille Printing Machine Market Breakdown, by Product Type, 2020 & 2028
8.3 Embossers
8.3.1 Overview
8.3.2 Embossers Vessel Market Forecast and Analysis
8.4 Embossers + Monochrome Ink
8.4.1 Overview
8.4.2 Embossers + Monochrome Ink Market Forecast and Analysis
8.5 Embossers + Color Ink
8.5.1 Overview
8.5.2 Embossers + Color Ink Forecast and Analysis
9. Europe Braille Printing Machine Market – Country Analysis
9.1 Overview
9.1.1 Europe: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2 Europe: Braille Printing Machine Market, By Country
9.1.2.1 Germany: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Germany: Braille Printing Machine Market, By Product Type
9.1.2.2 France: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 France: Braille Printing Machine Market, By Connectivity
9.1.2.2.2 France: Braille Printing Machine Market, By Product Type
9.1.2.3 Italy: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Italy: Braille Printing Machine Market, By Connectivity
9.1.2.3.2 Italy: Braille Printing Machine Market, By Product Type
9.1.2.4 UK: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.1 UK: Braille Printing Machine Market, By Connectivity
9.1.2.4.2 UK: Braille Printing Machine Market, By Product Type
9.1.2.5 Russia: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.1 Russia: Braille Printing Machine Market, By Connectivity
9.1.2.5.2 Russia: Braille Printing Machine Market, By Product Type
9.1.2.6 Rest of Europe: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.1 Rest of Europe: Braille Printing Machine Market, By Connectivity
9.1.2.6.2 Rest of Europe: Braille Printing Machine Market, By Product Type
10. Impact of COVID-19 Pandemic on Europe Braille Printing Machine Market
10.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
12. Company Profiles
12.1 American Thermoform
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Baumer HHS GmBH
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Humanware Group
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Index Braille
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Harpo Sp. Z.O.O
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 ViewPlus
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Kanematsu USA
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Blista Brailletec
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Europe Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Braille Printing Machine Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. France Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)
Table 5. France Braille Printing Machine Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Italy Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy Braille Printing Machine Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. UK Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)
Table 9. UK Braille Printing Machine Market, By Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 10. Russia Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia Braille Printing Machine Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Europe Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe Braille Printing Machine Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Braille Printing Machine Market Segmentation
Figure 2. Europe Braille Printing Machine Market Segmentation – By Country
Figure 3. Europe Braille Printing Machine Market Overview
Figure 4. Europe Braille Printing Machine Market, by Country
Figure 5. Europe Braille Printing Machine Market, by Connectivity
Figure 6. Europe Braille Printing Machine Market, by Product Type
Figure 7. Europe- PEST Analysis
Figure 8. Europe Braille Printing Machine Market, Ecosystem
Figure 9. Europe Braille Printing Machine Market: Impact Analysis of Drivers and Restraints
Figure 10. Europe Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Braille Printing Machine Market Breakdown, by Connectivity, 2020 & 2028 (%)
Figure 12. Wired Revenue and Forecast to 2028 (US$ Million)
Figure 13. Wireless Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Braille Printing Machine Market Breakdown, by Product Type, 2020 & 2028 (%)
Figure 15. Embossers Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Embossers + Monochrome Ink Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Embossers + Color Ink Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe: Braille Printing Machine Market – Revenue by Country to 2028 (US$ Million)
Figure 19. Europe: Braille Printing Machine Market Revenue Share, By Country (2019 and 2027)
Figure 20. Germany: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. France: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Italy: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. UK: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Russia: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Rest of Europe: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Impact of COVID-19 Pandemic in Europe Country Markets
- American Thermoform
- Baumer HHS GmBH
- Humanware Group
- Index Braille
- Harpo Sp. Z.O.O
- ViewPlus
- Kanematsu USA
- Blista Brailletec
- To understand the Europe braille printing machine market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe braille printing machine market
- Efficiently plan M&A and partnership deals in Europe braille printing machine market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe braille printing machine market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region