North America Braille Printing Machine Market
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
Strategic insights for the North America 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$ 129.86 Million |
| Market Size by 2028 | US$ 175.56 Million |
| Global CAGR (2021 - 2028) | 4.40% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Connectivity
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The geographic scope of the North America 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 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.
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.
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
The North America Braille Printing Machine Market is valued at US$ 129.86 Million in 2021, it is projected to reach US$ 175.56 Million by 2028.
As per our report North America Braille Printing Machine Market, the market size is valued at US$ 129.86 Million in 2021, projecting it to reach US$ 175.56 Million by 2028. This translates to a CAGR of approximately 4.40% during the forecast period.
The North America 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 North America Braille Printing Machine Market report:
The North America Braille Printing Machine Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Braille Printing Machine Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Braille Printing Machine Market value chain can benefit from the information contained in a comprehensive market report.
Office No. 1011, First floor, Farena Corporate Park, Magarpatta-Mundhwa road, Pune - 411028, Maharashtra, India
UK+442030260021, US:+16467917070
sales@businessmarketinsights.com
Get Free Sample For North America Braille Printing Machine Market
