ID Card Printers Market to Surpass a Valuation of $176.4 Mn by 2033 Amid Growing Demand for Unique Identification Cards Worldwide

Future Market Insights Global and Consulting Pvt. Ltd. The overall ID card printers industry is projected to grow 1.6x the current market value during 2023-2033. The US holds about 75% share of the North American ID card printers market and is expected to grow at a steady pace during the next ten years. 22, 2022 (GLOBE NEWSWIRE) — The global ID card printers market size is expected to grow from $116.9 Mn in 2023 to $176.4 Mn by 2033. Overall demand for automatic printers is forecast to rise at 4.2% CAGR between 2023. and 2033. Growing application of ID card printers across industrial, banking, educational institutions, healthcare, and banking sectors along with increasing demand for unique ID cards and continuous advancements in card printing technology is a key factor driving the global market forward. Manufacturers in the ID card printers industry are making investments in technologies that allow machines to have plug-and-play drivers. Additionally, a number of startups are entering the ID printing sector, which is promoting market expansion. Machines that are lightweight, low-profile, and compact are being developed by manufacturers. Since consumers in these industries are increasing the demand for printers that can be placed in office cabinets, they are opening up new business opportunities in the corporate, educational, and healthcare sectors.Request Sample Report @ reports/sample/rep-gb-16104Users favor cutting-edge technology like those with integrated notification systems and user-friendly software. Numerous printers provide drag-and-drop layouts for customizing predefined templates. Manufacturers include warranties in their products to increase sales. They are unlocking growth opportunities using intuitive software features in compact printers.Key Takeaways from ID Card Printers MarketBased on product, the double-sided card printers segment is projected to expand 1.5 times the current market value during 2023-2033.By technology, direct- to-card/dye sublimation technology segment is projected to register a CAGR of 4.4% during the forecast period.Based on end user, government institutions and educational institutions segments collectively are estimated to hold around 61% of the market value share by the end of 2023.Currently, the US holds around 75% share of the North America ID card printers market.China’s ID card printers market is projected to grow 1.7 times the current market value during the forecast periodTop 5 companies held around 20-25% of the global ID card printers market in 2022. Story continues“One can save time and money by using a direct-to-card printer that can create edge-to-edge color & complete cards in one printing p rocedure. Manufacturers are improving their quality by utilizing new technologies to suit consumer expectations to provide customers with trustworthy and flexible printing solutions” – Says an FMI analyst.Government Institutions Creating a Lucrative Demand for the ID Card PrintersGovernment institutions as end users create a huge demand for ID card printers because they need to produce secure, high-quality ID cards for their employees and citizens. ID cards are used for a variety of purposes, such as access control, time and attendance tracking, and secure identification for government services.By investing in high-quality ID card printers, government institutions can produce reliable and secure ID cards for their employees and citizens. Governments are aiming to issue unique identification cards and unique identification numbers to their citizens. In providing high-security ID cards, the resolution of a card is very important. An identity card should have a very high resolution so that it can be verified physically. Now the cards are available in 600 dpi, with an eco-friendly nature ID card personalization solution that includes the manufacturer’s “waste-less” lamination technology that significantly lowers card issuance costs.Innovative waste-less lamination technology completely eliminates traditional carrier-film waste , offering a 40 percent savings in consumable costs. Overall, the issue of unique ID cards for the population by the government authority propels the demand for ID card printers. Get Flat 40% Off on Report Customization @ 16104Who is Winning? Key players operating in the global ID card printers market are Zebra Technologies Corporation, Evolis, HP Development Company, HID Global Corporation, Entrust Corporation, Kanematsu USA Inc. (Nisca & Swiftcolour), and Canon Inc. Also, some of the other notable players in the market include CIM USA, Magicard NEO, Seiko Epson Corporation, IDP Corp, DASCOM Americas Corporation, Matica Technologies AG, and others.ID Card Printers Industry by CategoryBy Product:Single-sided Card PrintersDouble- sided Card PrintersHigh-performance Card PrintersStandard Card PrintersBy Technology:By Sales Channel:By End User:Industrial/ManufacturingBankingHealthcareGovernment InstitutionsEducational InstitutionsBy Region:Ask an Analyst @ of Content1. Executive summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and recommendations2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Retraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Impact of Covid-19 View Full Report @ Have a Look at Related Research Reports of Packaging Glassine Paper Market Sales: The global glassine paper market is projected to witness positive growth in 2021, with worldwide revenues up by 3.2% year over yearMOPP Packaging Films Market Value: The MOPP packaging films market is projected to register high demand through 2021, with the overall valuation reaching US$221.7 Mn in 2021 Security Holograms Market Demand: The overall global market for security holograms is expected to reach US$8.1 bn by 2031, growing at a CAGR of 5.3% for 2021-31Plastic Corrugated Sheets Market Type: As per a recent market analysis by Future Market Insights (FMI), sales of plastic corrugated sheet are forecast to surge at a 6.4% CAGR, reaching US$1.3 Bn in 2021 Edible Oil Packaging Market: A recent study by Future Market Insight opens the sales of edible oil packaging solutions to grow by 1.7x to reach h 3.7 billion units in 2031About Future Market Insights, Inc. Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries. Contact Us: Future Market Insights, Inc. 1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A, Jumeirah Lakes Towers, Dubai, United Arab Emirates For Sales Enquiries:

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