Secure & Streamlined ID Issuance: ID Card Printer Market Poised for US$ 176.4 Million by 2033 | FMI

 ID card printers market
 ID card printers market

Devices called ID card printers are used to print plastic cards such as access cards, badges, and identification cards. These printers are available in a variety of models, from low-cost models ideal for small-scale printing to high-end machines with sophisticated security measures that can print enormous volumes of cards.

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 is expected to increase at a 4.2% CAGR between 2023 and 2033 for automatic printers.

By providing total control over the design and manufacture of ID cards, badges, and other printed materials, ID card printers enable end-use businesses to reduce their dependency on outside printing companies. These easy-to-use printers make it simple to create excellent cards and badges.

The market is expected to grow strongly during the projected period due to the increasing demand for ID card printers across many industries, such as banking, government, manufacturing, and education.

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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

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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