PUBLISHER: Lucintel | PRODUCT CODE: 1356617
PUBLISHER: Lucintel | PRODUCT CODE: 1356617
ID Card Printer Trends and Forecast
The future of the global ID card printer market looks promising with opportunities in the industrial/manufacturing, banking, healthcare, government, and educational sectors. The global ID card printer market is expected to reach an estimated $8.7 billion by 2030 with a CAGR of 4.4% from 2024 to 2030. The major drivers for this market are rising need for ID cards for security concerns, emergence of RFID and smart cards, and increasing use of ID card printers in various sectors, such as government, healthcare, educational, and banking institutions.
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ID Card Printer by Segment
The study includes a forecast for the global ID card printer by product, sales channel, technology, end use industry, and region.
ID Card Printer Market by Product [Shipment Analysis by Value from 2018 to 2030]:
ID Card Printer Market by Sales Channel [Shipment Analysis by Value from 2018 to 2030]:
ID Card Printer Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
ID Card Printer Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
ID Card Printer Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of ID Card Printer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ID card printer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ID card printer companies profiled in this report include-
ID Card Printer Market Insights
Lucintel forecast that double-sided card is expected to witness highest growth over the forecast period due to rising preference for this product to rapidly generate a large number of ID cards.
Government is expected to witness highest growth over the forecast perioddue to significant demand for reliable and secure ID cards for their citizens and employees.
North America is expected to witness highest growth over the forecast period due to availability of major manufacturing hubs and increasing adoption of ID card printers in banks and edutional institutes of the region.
Features of the Global ID Card Printer Market
Market Size Estimates: ID card printer market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: ID card printer market by various segments, such as by product, sales channel, technology, end use industry and region in terms of($B).
Regional Analysis: ID card printer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, sales channels, technologies, end use industries, and region.s for the ID card printer market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ID card printer market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1. What is the ID card printer market size?
Answer: The global ID card printer market is expected to reach an estimated $8.7 billion by 2030.
Q.2. What is the growth forecast for ID card printer market?
Answer: The global ID card printer market is expected to grow with a CAGR of 4.4% from 2024 to 2030.
Q.3. What are the major drivers influencing the growth of the ID card printer market?
Answer: The major drivers for this market are rising need for ID cards for security concerns, emergence of RFID and smart cards, and increasing use of ID card printers in various sectors, such as government, healthcare, educational, and banking institutions.
Q.4. What are the major segments for ID card printer market?
Answer: The future of the ID card printer market looks promising with opportunities in the industrial/manufacturing, banking, healthcare, government, and educational sectors.
Q.5. Who are the key ID card printer market companies?
Answer: Some of the key ID card printer companies are as follows:
Q.6. Which ID card printer market segment will be the largest in future?
Answer: Lucintel forecast that double-sided card is expected to witness highest growth over the forecast period due to rising preference for this product to rapidly generate a large number of ID cards.
Q.7. In ID card printer market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to availability of major manufacturing hubs and increasing adoption of ID card printers in banks and edutional institutes of the region.
Q.8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.