The top 5 market players in braille printing machine market are American Thermoform, HumanWare Group, INDEX BRAILLE, Kanematsu USA (TactPlus), and ViewPlus. The braille printing machine market is highly fragmented due to occurrence of huge number of small scale and medium scale manufacturers in both developed and developing economies. The top 5 market players are majorly focusing on various organic and inorganic growth strategies to survive in the braille printing machine market. Such as, in April 2021, Tecnovisão and HumanWare entered into a distribution partnership in Brazil. this partnership will allow HumanWare to share its innovative blindness and low vision solutions with a larger number of customers in Brazil. Various other market players profiled in the report includes Baumer hhs GmbH, Blista-Brailletec, Electronic Brailler LLC., HARPO, and Nippon Telesoft Co., Ltd. Please note that the market positioning is based on various parameters such as overall/estimated segment revenue, product portfolio, geographical reach, market initiatives, key developments, technology integration, and customer base, among others.
AMERICAN THERMOFORM, HUMANWARE GROUP, INDEX BRAILLE, KANEMATSU USA (TACTPLUS), VIEWPLUS -PROMINENT MARKET PARTICIPANTS IN BRAILLE PRINTING MACHINE MARKET
The global braille printing machine market is segmented based on product type, connectivity, and geography. Based on product type, market is segmented as embossers, embossers + monochrome ink, and embossers + color ink. Embossers segment led the braille printing machine market with 43.71% market share in 2020. Based on connectivity, market is segmented as wired and wireless. Wired segment led the braille printing machine market in 2020. However, wireless segment is anticipated to grow at the highest CAGR during the forecast period 2021-2028. 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 with 37.95% market share in 2020.
Several factors, such as programs and projects for blind education and developments in tactile printing method for personalized solutions are bolstering the growth of global braille printing machine market. However, installation and maintenance of braille printing machines require high initial investment which restraints the growth of braille printing machine market. With the emergence of additive manufacturing for producing braille printed sheets, there are significant opportunities for the key players in the market. Further, research and development in smart assisted technologies and connected devices for secured data transmission and data storage is an upcoming trend which will be seen to drive the braille printing machine market.
