The global ID card printers market is expected to experience significant growth over the forecast period, driven by various factors. The increasing application of ID card printers across multiple sectors such as industrial, banking, education, healthcare, and government is contributing to market expansion. These sectors require unique identification cards for various purposes, including employee identification, access control, and student identification.
Advancements in card printing technology are also fueling the growth of the ID card printers market. Manufacturers are investing in technologies that enable plug-and-play drivers, making the machines more user-friendly and compatible with different systems. This allows for easy integration and operation within existing infrastructure.
Furthermore, the entry of new startups in the ID printing sector is promoting market growth. These startups bring innovative solutions and competition to the market, driving further advancements in technology and expanding the overall market size.
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In response to consumer demand, manufacturers are focusing on developing lightweight, low-profile, and compact ID card printers. These smaller and more portable printers are suitable for placement in office cabinets, catering to the needs of corporate, educational, and healthcare sectors. This development opens up new business opportunities and widens the customer base for ID card printers.
Users are increasingly seeking cutting-edge technology and user-friendly features in ID card printers. Integrated notification systems and intuitive software with drag-and-drop layouts for customization are highly valued by customers. Manufacturers are incorporating these features to meet user preferences and increase sales.
Another strategy employed by manufacturers is offering warranties with their products. This not only provides assurance to customers but also helps drive sales by instilling confidence in the reliability and durability of the printers.
Overall, the global ID card printers market is poised for growth, driven by the increasing demand for unique identification cards and continuous advancements in printing technology. The market will likely witness the entry of new players, further promoting innovation and competition in the industry.
Key Takeaways from ID Card Printers Market
- Based 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 U.S. 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 period
- Top 5 companies held around 20-25% of the global ID card printers market in 2022.
“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 procedure. 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 Printers
Government 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 consumables costs. Overall, the issue of unique ID cards for the population by the government authority propels the demand for ID card printers.
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Who 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 noticeable 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 Category
By Product:
- Single-sided Card Printers
- Double-sided Card Printers
- High-performance Card Printers
- Standard Card Printers
By Technology:
- Reverse transfer
- Direct-to-Card/Dye sublimation
- Rewritable
- Encoding
By Sales Channel:
- Offline
- Online
By End User:
- Industrial/Manufacturing
- Banking
- Healthcare
- Government Institutions
- Educational Institutions
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Middle East and Africa (MEA)
- Oceania
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