Id Card Printers Market

The growing demand for ID cards in various industries and other major driving factors is expected to favor the rise in the global ID card printers market

 

Reports and Insights has published a new report titled, “Id Card Printers Market: Opportunity Analysis and Future Assessment 2022-2030

Global ID card Printers Market, By Product (Single-sided Card Printers, Double-sided Card Printers, High-performance Card Printers, Standard Card Printers), By Communication Interface (USBID Card Printers, Ethernet ID Card Printers, Wireless ID Card Printers), By Technology (Retransfer ID Card Printers, Direct-to-Direct ID Card Printers, Rewritable ID Card Printers), By Sales Channel (Offline & Online), By End User (Industrial/Manufacturing, Banking, Healthcare, Government, Educational Institutions, Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.

The global ID card printer market is expected to reach at a value of US$ 4,804.6 Mn by 2030 end at a CAGR of 3.1%.

An ID card printer can be defined as an appliance that makes an impression on a plastic (PVC) card. They are majorly employed to print credit cards, payment cards, driving license, membership cards, employee ID badges, among others. ID card printers function in the similar approach a conventional inkjet printer does. The ID card printer prints on the blank PVC plastic card in the same way a typical inkjet printer prints on the blank piece of paper. Whilst they are simple to use like the paper printer, printing on plastic involves a different method and internal components.

The extensive usage of ID cards among various industries all across the world including banking, healthcare, government, educational institutions, and many more, is primarily driving the demand of ID card printers across the global markets. In addition to that, rapid technological advancement in the field of printers is further projected to boost the demand in the near future.

In present times, the ID card printers lets one customize and design their cards according to their needs, including various advanced technologies such as monochrome printing, color printing, rewritable printing technology, UV security panel and many more. Attributing to which, the global ID card printer market is estimated to witness significant growth over the following years.

Other than that, the flourishing manufacturing sector along with the increased focus towards reducing time and material wastage are some other major factors that are especially projected to accelerate the growth of the ID card printer market in the coming years.

Reports and Insights Study identifies some of the key participating players in the ID card printers market globally are Zebra Technologies Corporation, Canon, Evolis, HP Inc., Brady Corporation, Neopost SA (Quadient), Matica Technologies AG, ID Tech Solutions Pvt. Ltd., Entrust, Unicard Technologies Pvt. Ltd., Kanematsu USA Inc., CIM USA, among others.

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