The braille printing machine market in APAC is expected to grow from US$ 74.33 million in 2021 to US$ 127.22 million by 2028; it is estimated to grow at a CAGR of 7.98% from 2021 to 2028.
The China, Japan, and Australia are major economies in APAC. Development in Tactile Printing Method. Increasing demand for personalized tactile solutions is driving the tactile printing industry. The tactile printing technology is deployed for creating customized products such as braille wristbands, braille pins, musical cards, switches, location labels, street names, visiting cards, stickers (tactile custom stickers), greeting cards, calculators, braille calendars, recorders, and jewelry. The tactile printing is the process of inserting a lifted surface to a substrate for generating a texture that is sensed with touch. For instance, Watermarx Graphics deploys CLIQX emboss technology for creating tactile printing products on all kinds of substrates, varying from paper and cardstock to poly-plastics. The advancement in tactile technology is expanding the scope of braille printing applications in the pharmaceuticals and medical packaging industries. The ever-increasing demand for Braille printing in educational and marketing materials, owing to rising social awareness and Watermarx support the requirement of the customer in a cost-effective way, which is further anticipated to drive the market in North America.APAC is characterized by a large number of developing countries, positive economic outlook, high industrial presence, huge population, and rising disposable income. All these factors make APAC a significant growth driving region for various markets, including braille printing machine. Many braille printer users, connected devices, and the e-commerce sector in this region present a massive opportunity for the growth of the global braille printing machine market. The ongoing COVID-19 is anticipated to cause considerable disruptions in the growth of various industries of the Asia Pacific region. For example, China is the global hub of manufacturing and the most abundant raw material supplier for multiple industries, and it is one of the worst affected COVID-19 countries. The lockdown of different plants and factories in China changes the global supply chains and negatively impacts manufacturing, delivery schedules, and sales of multiple products and services.
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APAC Braille Printing Machine Market Segmentation
APAC Braille Printing Machine Market – By Connectivity
- Wired
- Wireless
APAC Braille Printing Machine Market – By Product Type
- Embossers
- Embossers + Monochrome Ink
- Embossers + Color Ink
APAC Braille Printing Machine Market – By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC Braille Printing Machine Market -Companies Mentioned
- American Thermoform
- Baumer HHS GmBH
- Humanware Group
- Index Braille
- Nippon Telesoft Co. Ltd
- ViewPlus
- Kanematsu USA
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Connectivity and Product Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
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. APAC Braille Printing Machine Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia-Pacific
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. APAC 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 – APAC Analysis
6.1 Braille Printing Machine APAC Overview
6.2 APAC Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
7. APAC Braille Printing Machine Market Revenue and Forecast to 2028 – By Connectivity
7.1 Overview
7.2 APAC 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. APAC Braille Printing Machine Market Revenue and Forecast to 2028 – By Product Type
8.1 Overview
8.2 APAC 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. APAC Braille Printing Machine Market – Country Analysis
9.1 Overview
9.1.1 APAC: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2 APAC: Braille Printing Machine Market, By Country
9.1.2.1 Australia: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Australia: Braille Printing Machine Market, By Connectivity
9.1.2.1.2 Australia: Braille Printing Machine Market, By Product Type
9.1.2.2 China: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 China: Braille Printing Machine Market, By Connectivity
9.1.2.2.2 China: Braille Printing Machine Market, By Product Type
9.1.2.3 India: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 India: Braille Printing Machine Market, By Connectivity
9.1.2.3.2 India: Braille Printing Machine Market, By Product Type
9.1.2.4 Japan: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.1 Japan: Braille Printing Machine Market, By Connectivity
9.1.2.4.2 Japan: Braille Printing Machine Market, By Product Type
9.1.2.5 South Korea: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.1 South Korea: Braille Printing Machine Market, By Connectivity
9.1.2.5.2 South Korea: Braille Printing Machine Market, By Product Type
9.1.2.6 Rest of APAC: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.1 Rest of APAC: Braille Printing Machine Market, By Connectivity
9.1.2.6.2 Rest of APAC: Braille Printing Machine Market, By Product Type
10. Impact of COVID-19 Pandemic on APAC Braille Printing Machine Market
10.1 Asia-Pacific: 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
13. Appendix
13.1 About The Insight Partners
13.2 Word IndexLIST OF TABLES
Table 1. APAC Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Australia Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia Braille Printing Machine Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. China Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)
Table 5. China Braille Printing Machine Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. India Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)
Table 7. India Braille Printing Machine Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Japan Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)
Table 9. Japan Braille Printing Machine Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. South Korea Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)
Table 11. South Korea Braille Printing Machine Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of APAC Braille Printing Machine Market, By Connectivity– Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of APAC Braille Printing Machine Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Braille Printing Machine Market Segmentation
Figure 2. APAC Braille Printing Machine Market Segmentation – By Country
Figure 3. APAC Braille Printing Machine Market Overview
Figure 4. APAC Braille Printing Machine Market, by Country
Figure 5. APAC Braille Printing Machine Market, by Connectivity
Figure 6. APAC Braille Printing Machine Market, by Product Type
Figure 7. Asia-Pacific- PEST Analysis
Figure 8. Braille Printing Machine Market, Ecosystem
Figure 9. APAC Braille Printing Machine Market: Impact Analysis of Drivers and Restraints
Figure 10. APAC Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. APAC 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. APAC 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. APAC: Braille Printing Machine Market – Revenue by Country to 2028 (US$ Million)
Figure 19. APAC: Braille Printing Machine Market Revenue Share, By Country (2019 and 2027)
Figure 20. Australia: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. China: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. India: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Japan: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. South Korea: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Rest of APAC: Braille Printing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- American Thermoform
- Baumer HHS GmBH
- Humanware Group
- Index Braille
- Nippon Telesoft Co. Ltd
- ViewPlus
- Kanematsu USA
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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