Middle East and Africa Braille Printing Machine Market
No. of Pages: 72 | Report Code: TIPRE00022977 | Category: Electronics and Semiconductor
No. of Pages: 72 | Report Code: TIPRE00022977 | Category: Electronics and Semiconductor
The braille printing machine market in the MEA is further segmented into South Africa, Saudi Arabia, the UAE, and the rest of MEA. In the past decade, most Middle Eastern countries formed national commissions to coordinate services to persons with disabilities. These commissions perform planning, research, and teacher training. Considerable efforts have been made recently in a few Middle Eastern countries to adapt new technologies for visually impaired persons. For example, the IBM Cairo Scientific Center Committee for the Affairs of the Blind developed an Arabic version of braille. In addition, the National Groups for Computers has adopted the Versa Braille system in collaboration with Telesensory, an adaptive technology company. In March 2021, The UAE Ministry of Health and Prevention (MoHAP), in coordination and cooperation with Zayed Higher Organisation (ZHO) for People of Determination (ZHO), launched a new initiative to provide medication instruction labels in braille to allow visually impaired patients read medicine labels independently. Such initiatives and commissions for persons with visual impairments are boosting the braille printing machine industry growth in the Middle East.According to the World Bank, 6 of the world's 10 fastest-growing economies of 2020 are from Africa. As per a WHO report, ~26.3 million people in Africa have a form of visual impairment. Of these, 20.4 million have low vision and 5.9 million are blind. 15.3% of the world's blind population reside in Africa. Thus, the rise in visual impairment is leading propelling the demand for assistive technologies such as braille printers. However, African countries are lagging other countries in the world due to the lack of adequate infrastructure, backwardness resulting from illiteracy, and other socio-political factors, which might limit the braille printing machine market growth in this region.
Among the Middle East and Africa (MEA) countries, Iran has faced the highest number of COVID-19 confirmed cases. Other major countries facing the economic impact of COVID-19 include Turkey, Saudi Arabia, UAE, Egypt, Morocco, and Kuwait. The region comprises many growing economies such as UAE, among others, which are prospective markets for braille printing machine providers, owing to the huge presence of diverse customer base for the retail and e-commerce industry. The global COVID-19 pandemic would have significant effects on global economies. Still, the Middle East region is anticipated to be especially impacted, as there is already pressure on the economy of various oil-based countries due to falling oil prices. In addition to this, the factory lockdowns, business shutdowns, and travel bans further aggravate the countries' economic problems in the MEA region. Hence, the estimated decline in MEA's economic condition and impact of COVID-19 on the growth of various industries in the region is expected to negatively impact the growth of the braille printing machine market in 2020 and 2021
Strategic insights for the Middle East and Africa Braille Printing Machine provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 22.01 Million |
| Market Size by 2028 | US$ 32.24 Million |
| Global CAGR (2021 - 2028) | 5.61% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Connectivity
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
The geographic scope of the Middle East and Africa Braille Printing Machine refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The braille printing machine market in MEA is expected to grow from US$ 22.01 million in 2021 to US$ 32.24 million by 2028; it is estimated to grow at a CAGR of 5.61% 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.
In terms of connectivity type, the wired segment accounted for the largest share of the MEA 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.
A few major primary and secondary sources referred to for preparing this report on the braille printing machine market in MEA 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.
The Middle East and Africa Braille Printing Machine Market is valued at US$ 22.01 Million in 2021, it is projected to reach US$ 32.24 Million by 2028.
As per our report Middle East and Africa Braille Printing Machine Market, the market size is valued at US$ 22.01 Million in 2021, projecting it to reach US$ 32.24 Million by 2028. This translates to a CAGR of approximately 5.61% during the forecast period.
The Middle East and Africa Braille Printing Machine Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Braille Printing Machine Market report:
The Middle East and Africa Braille Printing Machine Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Braille Printing Machine Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Braille Printing Machine Market value chain can benefit from the information contained in a comprehensive market report.
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