ID Card Printers Market Value Reaching to US$ 176.4 Million by 2033: A Comprehensive Report by Future Market Insights, Inc.

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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.

The integration of ID card printers has empowered end-use industries to diminish reliance on external printing agencies, granting them complete control over the design and production of ID cards, badges, and related printed materials. These printers offer user-friendly interfaces, making them accessible for various applications, and provide a seamless solution for producing high-quality cards and badges in-house. The convenience and autonomy afforded by ID card printers contribute to enhanced operational efficiency and a more streamlined approach to identity card management within diverse sectors.

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Manufacturers in the ID card printers industry are making investments in technologies that allow machines to have plug-and-play drivers. Additionally, a number of startups are entering the ID printing sector, which is promoting market expansion.

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Growing application of ID card printers across industrial, banking, educational institutions, healthcare, and banking sectors along with increasing demand for unique ID cards and continuous advancements in card printing technology is a key factor driving the global market forward.

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.

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.

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.

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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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About Future Market Insights (FMI)

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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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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