DUBLIN--(BUSINESS WIRE)--The "Braille Printing Machine Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Connectivity; Product Type" report has been added to ResearchAndMarkets.com's offering.
The braille printing machine market is projected to grow from US $332.44 million in 2020 to US$ 515.90 million by 2028; it is expected to grow at a CAGR of 5.65% during 2020-2028.
A braille printing machine creates tactile dots on heavy paper to make the written document readable or accessible to blind individuals. The braille characters created by the braille printing machine onto paper are similar to ink printers, which improve tactile reading for blind people. It is used by numerous end users at offices and at home. Technical advancements in braille printers such as immediate content printing through enhanced connectivity, most probably wireless connectivity, is propelling the market growth.
The global braille printing machine market is segmented on the bases of product type, connectivity, and geography. Based on product type, market is segmented into embossers, embossers + monochrome ink, and embossers + color ink. The embossers segment led the braille printing machine market in 2020. Based on connectivity, market is segmented into wired and wireless. The wired segment led the braille printing machine market in 2020. However, wireless segment is anticipated to grow at a higher CAGR in the market during the forecast period. The global braille printing market is segmented into five major regions-North America, Europe, APAC, the MEA, and SAM. North America led the braille printing machine market in 2020.
The COVID-19 pandemic has severely disrupted the supply chain and manufacturing of industrial equipment. This disruption created tremors in several economies through 2020, and the effect is likely to persist to some extent till mid-2021. The manufacturing sector is likely to pick up pace sooner, as governments are gradually lifting containment measures and promoting mass vaccination drives.
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Market Dynamics
Drivers
- Programs and Projects for Blind Education
- Developments in Tactile Printing Method
Restraints
- High Initial Investment Requirements
Opportunities
- Growing Use of Additive Manufacturing for Producing Braille Printed Sheets
Future Trends
- Development of Smart Assisted Technologies and Connected Devices
Companies Mentioned
- American Thermoform
- Baumer HHS GmBH
- Humanware Group
- Index Braille
- Nippon Telesoft Co. Ltd.
- Harpo Sp. Z.O.O
- ViewPlus
- Kanematsu USA
- Electronic Brailler LLC
- Blista Brailletec
For more information about this report visit https://www.researchandmarkets.com/r/oldr9m
