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)

TIPRE00022979 | Pages: 74 | Electronics and Semiconductor | Jun 2021 | Type: Regional | Status: Published

Market Introduction

The US, Canada, and Mexico are among the major countries in North America. Many of the top braille printing machine market players, such as American Thermoform and ViewPlus, are based in the US and Canada. American Thermoform is one of the global leaders in the production and distribution of braille products and supplies for the visually impaired people. It is also the world’s largest producer of high-quality braille papers and braille labels. Similarly, ViewPlus is a leading provider of braille, audio-tactile, and other alternate products, and supplies; it offers a wide range of braille printers in the market. HumanWare is another company in North America, headquartered in Canada, which is making rapid progress in the assistive technology market and catering to the people with visual impairment or to those with weak vision. The company has a widespread presence across the world with a large network of sales offices and distributors. North America is expected to maintain its dominating position in the braille printing machine market during the forecast period due to increasing government initiatives in the US and Canada to support the development of tactile printers, embossers, and other related technologies. For example, in the US, the American Foundation for the Blind has launched a National Agenda that discusses and suggests the necessary changes in educational programs on a broader level to meet the needs of students with visual impairments, as well as to prepare them to meet the challenges of the 21st century. The governments are also looking after the accommodation of these students in various departments and organizations such as American Printing House for the Blind, which promotes the independence of visually impaired persons by providing specialized materials, products, and services that are needed for education and routine life. American Thermoform, one of the braille printing machine manufacturers, works closely with various organizations across the world, such as Perkins Braille, National Braille Press, American Printing House for the Blind, and National Federation of the Blind. Thus, initiatives taken by various education institutes and other organizations for visually disabled people are bolstering the demand for braille printing machines in North America

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


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Market Overview and Dynamics

The braille printing machine market in North America is expected to grow from US$ 129.86 million in 2021 to US$ 175.56 million by 2028; it is estimated to grow at a CAGR of 4.40% 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 North America 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 North America 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, Nippon Telesoft Co. Ltd, ViewPlus, Kanematsu USA, Electronic Brailler LLC.

Reasons to buy report

  • To understand the North America 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 North America braille printing machine market
  • Efficiently plan M&A and partnership deals in North America 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 North America braille printing machine market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in North America region

 

 

NORTH AMERICA BRAILLE PRINTING MACHINE MARKETSEGMENTATION

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

      

North America Braille Printing Machine Market -Companies Mentioned

  • American Thermoform
  • Baumer HHS GmBH
  • Humanware Group
  • Index Braille
  • Nippon Telesoft Co. Ltd
  • ViewPlus
  • Kanematsu USA
  • Electronic Brailler LLC
 

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.             North America Braille Printing Machine Market Landscape

4.1        Market Overview

4.2        PEST Analysis

4.2.1        North America

4.3        Ecosystem Analysis

4.4        Expert Opinions

5.             North America Braille Printing Machine Market – Key Market Dynamics

5.1        Market Drivers

5.1.1        Programs and Projects for Blind Education

5.1.2        Developments in Tactile Printing Method

5.2        Market Restraints

5.2.1        High Initial Investment Requirements

5.3        Market Opportunities

5.3.1        Growing Use of Additive Manufacturing for Producing Braille Printed Sheets

5.4        Future Trends

5.4.1        Development of Smart Assisted Technologies and Connected Devices

5.5        Impact Analysis of Drivers and Restraints

6.             Braille Printing Machine Market – North America Analysis

6.1        Braille Printing Machine North America Overview

6.2        North America Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)

7.             North America Braille Printing Machine Market Revenue and Forecast to 2028 – By Connectivity

7.1        Overview

7.2        North America 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.             North America Braille Printing Machine Market Revenue and Forecast to 2028 – By Product Type

8.1        Overview

8.2        North America 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.             North America Braille Printing Machine Market – Country Analysis

9.1        Overview

9.1.1        North America: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2        North America: Braille Printing Machine Market, By Country

9.1.2.1       US: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.1.1       US: Braille Printing Machine Market, By Connectivity

9.1.2.1.2       US: Braille Printing Machine Market, By Product Type

9.1.2.2       Canada: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.2.1       Canada: Braille Printing Machine Market, By Connectivity

9.1.2.2.2       Canada: Braille Printing Machine Market, By Product Type

9.1.2.3       Mexico: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.3.1       Mexico: Braille Printing Machine Market, By Connectivity

9.1.2.3.2       Mexico: Braille Printing Machine Market, By Product Type

10.          Impact of COVID-19 Pandemic on North America Braille Printing Machine Market

10.1      North America: 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      Nippon Telesoft Co. Ltd.

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      Electronic Brailler LLC

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.              North America Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.              US Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)

Table 3.              US Braille Printing Machine Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.              Canada Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)

Table 5.              Canada Braille Printing Machine Market, By Product Type– Revenue and Forecast to 2028 (US$ Million)

Table 6.              Mexico Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)

Table 7.              Mexico Braille Printing Machine Market, By Product Type– Revenue and Forecast to 2028 (US$ Million)

Table 8.              List of Abbreviation


LIST OF FIGURES

Figure 1.            North America Braille Printing Machine Market Segmentation

Figure 2.            North America Braille Printing Machine Market Segmentation – By Country

Figure 3.            North America Braille Printing Machine Market Overview

Figure 4.            North America Braille Printing Machine Market, by Country

Figure 5.            North America Braille Printing Machine Market, by Connectivity

Figure 6.            North America Braille Printing Machine Market, by Product Type

Figure 7.            North America – PEST Analysis

Figure 8.            North America Braille Printing Machine Market, Ecosystem

Figure 9.            Braille Printing Machine Market: Impact Analysis of Drivers and Restraints

Figure 10.          North America Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.          North America 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.          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.          North America: Braille Printing Machine Market – Revenue by Country to 2028 (US$ Million)

Figure 19.          North America Braille Printing Machine Market Revenue Share, By Country (2019 and 2027)

Figure 20.          US: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.          Canada: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.          Mexico: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.          Impact of COVID-19 Pandemic in North American Country Markets

  1. American Thermoform
  2. Baumer HHS GmBH
  3. Humanware Group
  4. Index Braille
  5. Nippon Telesoft Co. Ltd
  6. ViewPlus
  7. Kanematsu USA
  8. Electronic Brailler LLC
  • To understand the North America 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 North America braille printing machine market
  • Efficiently plan M&A and partnership deals in North America 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 North America braille printing machine market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in North America region
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