The global tactile printing market is expected to witness a significant growth with increasing investment in braille printing technologies from various countries across the world globally. The global tactile printing market is expected to growth at a CAGR of 4.5% through the forecast period 2023 – 2031. In addition, rising demand for customized solution is also expected to fuel the demand for tactile printing technology. Tactile printing technology can be used in development of customized products such as in games, braille wristbands, Braille musical cards, pins, switches, visiting cards, location labels, stickers (Braille tactile custom stickers), street names, greeting cards, recorders, calculators, Braille calendars, jewelry and many more. All these factors represent huge opportunity for market vendor across the value chain of tactile printing industry.
Most of the leading players in tactile printing industry are based in the U.S. The U.S. government in increasingly investing in the development of tactile printing technology. North America accounted for the largest revenue share in the global tactile printing technology market. Based on application, tactile maps represents the largest application segment for tactile technology.
The report evaluates different types of printing application in terms of revenue (US$ Mn).
We have also segment the overall tactile printing technology market into its end-use applications i.e. braille readers, military and others.
The research study on tactile printing technology market highlights key market dynamics including drivers, restrains and opportunities in the global market. The report highlights current and future market trends in the global, regional and country specific tactile printing technology market. The study also includes in-depth analysis of technology development and pricing trends in the global Tactile Printing Technology market. High level analysis such as attractive proposition, competitive analysis, value chain analysis and market attractive analysis included in the report helps industry players to identify key investment areas in this industry. This study includes market historical market size of Tactile Printing Technology (2020), and forecast for the period 2023 – 2031 in terms of revenue.
The global tactile printing technology market is fragmented in nature as low entry barriers for new entrants. The global industry comprise of large number of multinational as well as domestic brands. The report includes profiles of major players in the global tactile printing technology industry. Each profile includes detailed information about business overview, product portfolio related to tactile printing technology, major competitors, recent developments strategies and financials of the company for last three years. The market competition is expected to increase throughout the forecast period with increasing investment by market players in product portfolio expansion. The report also provides highlights degree of competition and market winning strategies adopted by the key players to strengthen their market position in the global tactile printing technology market. Some major players profiled in the global tactile printing technology market include View Plus, Brailler (Perkins), American Thermoform, Braigo Labs, Braille Plus Inc, Braille Works Inc, Index Braille AB, NIA Technologies and various others.
The global tactile printing technologies market is dominated by North America followed by Europe and Asia Pacific. North America accounted for 37.3% revenue share in the global tactile printing technologies market. The region is expected to maintain its dominating position through the forecast period 2023 – 2031 with increasing government support particularly in the U.S. for development of tactile maps and other related technologies for physically challenged people. Increasing number of vision impaired people in major European countries such as U.K., Germany, France, Switzerland and others is influencing the demand for tactile technologies in the region. Asia Pacific is also expected to witness the fastest growth with increasing adoption of braille printed books in the region.
Market Players:
American Thermoform, ViewPlus Technologies, Index Braille, HumanWare, Tactile Graphics, Inc., Braillo Norway, Embossify, Harpo And Other Notable Players.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Tactile Printing Technology market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Printing Technology
| |
Application
| |
Region Segment (2022-2032; US$ Million)
|
Key questions answered in this report