ID card printers are devices used to produce identification cards, badges, access cards, and other types of plastic cards. These printers come in various types, ranging from entry-level models suitable for small-scale printing to high-end printers capable of producing large quantities of cards with advanced security features.
The global ID card printers market is expected to grow from US$ 116.9 Mn in 2023 to US$ 176.4 Mn by 2033. Overall demand for automatic printers is anticipated to rise at 4.2% CAGR between 2023 and 2033.
ID card printers empower end-use industries to diminish reliance on external printing agencies, offering complete control over the design and production of ID cards, badges, and other printed materials. These user-friendly printers facilitate the seamless creation of high-quality cards and badges.
The escalating demand for ID card printers spans various industries, including manufacturing, banking, government institutions, and educational establishments, positioning the market for robust growth in the forecast period.
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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.
Growing Demand for 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.
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Key Players:
- Zebra Technologies Corporation
- Evolis
- HP Development Company
- HID Global Corporation
- Entrust Corporation
- Kanematsu USA Inc. (Nisca & Swiftcolour)
- CIM USA
- Magicard NEO
- Seiko Epson Corporation
- IDP Corp
- DASCOM Americas Corporation
- Canon Inc.
- ID Tech Solutions Pvt. Ltd.
Market Segmentation:
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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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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