Inkjet Coders Market By Technology (Continuous Inkjet Coder and Drop-on-demand Inkjet Coder), By Inkjet Ink type (Visible, Invisible) - Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 - 2023

Inkjet coders refer to non-contact printing coders designed to print batch numbers, dates of packaging, times, and other such information on various end products and components. The inkjet technology includes thrusting ink onto the print head with artificial pressure. This technology is suitable for marking both flat and curved surfaces. In addition, inkjet printers can print on virtually all types of materials. This makes inkjet coders suitable for a wide range of industrial applications.

Inkjet coders are among the most revolutionary developments in dot-matrix format printers. The device comprises several ink guns that print the required information by dropping ink onto the desired material. There are two primary types of inkjet coders: continuous inkjet and drop-on-demand inkjet coders. Drop-on-demand inkjet printing is further bifurcated into thermal drop-on-demand and piezoelectric drop-on-demand inkjet printers. Among the types above, continuous inkjet is the most popular technology used for coding and marking.

Inkjet printers are the most common type of printer used across various applications. Due to their superior advantages over other printing techniques, the market for these printers is estimated to continue witnessing robust growth across its potential industry verticals. These are popularly used for marking and coding across different industry verticals, such as food and beverages, personal and home care products, pharmaceuticals, and electronics. Other prominent applications include commercial printing, security coding, and solar cells.

The report titled "Global Inkjet Coders Market: Growth, Share, Opportunities, and Competitive Analysis, 2016–2023" offers strategic insights into the global inkjet coders market along with the market size and estimates for the duration of 2013–2023. The report provides actual market data for the years 2013–2015, whereas the forecast is provided for the period 2016–2023. Further, the said research study covers an in-depth analysis of multiple market segments based on market components (inkjet coding equipment, inkjet inks, spare parts, and accessories), technology, inkjet ink type, application, industry verticals, and a cross-sectional study across different geographies and sub-geographies. The study covers the comparative analysis of different segments for 2015 and 2023.

The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report covers a section providing an analysis of the impact of market drivers and restraints over the forecast period.

To help strategic decision-makers, the report covers sections wherein the most attractive segments of the market have been analyzed and discussed. The report also includes competitive profiling of the leading inkjet coder manufacturers, their SCOT (strengths, challenges, opportunities, and weaknesses) analysis, market positioning, and key developments. Some of the major players profiled in the report are Domino Printing Sciences Plc., Videojet Technologies, Inc., Markem-Image Corporation, Koenig & Bauer AG, Linx Printing Technologies Ltd., Squid Ink Manufacturing, Inc., Hitachi America Ltd., FoxJet (an ITW Company), ID Technology, LLC, Shanghai Rottweil Handyware Printing Technology Co., Ltd., ADT Ltd., Needham Coding Ltd., and others.

The report also provides an overview of the major strategies adopted by the leading players recognized in the market. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the inkjet coders and the overall printing industry
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2013–2015)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global inkjet coders market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the factors mentioned above.

The global inkjet coder market is segmented, based on industry verticals, into the following categories:

  • Food and Beverages
  • healthcare (pharmaceuticals and medical devices)
  • Personal care and home care products
  • Automotive and Aerospace
  • Electrical and Electronic Components and Products
  • Commercial Printing
  • Others

Inkjet coders are predominantly used in verticals with high production volumes of daily-used consumer products. Subsequently, the food and beverage segment has emerged as the most important end-user for inkjet coders. As of 2015, the food and beverage segment contributed over 44% of the total revenue generated worldwide. The high volume of food products manufactured or processed daily is the prime factor responsible for the high segment share. In addition, stringent regulations on the clear printing of information such as the date of product manufacturing or expiration, the batch number, and others are another major factor fueling segment growth.

The food and beverages segment is followed by the healthcare and consumer products segments. Due to the continual growth anticipated across the segments, these are estimated to remain the most prominent industry verticals for inkjet coders throughout the forecast period.

The global inkjet cartridge market is segmented, based on inkjet inks, into the following categories:

  • Visible inkjet ink
  • Invisible inkjet ink

As of 2015, the global inkjet printer market is dominated by the visible ink segment. In terms of revenue, the segment accounts for over 84% of the total market. Visible inks are the most popular type of ink used for various daily consumer products. These may include products under "food and beverages," "pharmaceuticals," and "consumer and home care products." The ever-rising industrial growth across the verticals above is expected to help maintain strong demand for visible inks in the coming years.

Due to the high volume of such products, the visible inks segment is expected to retain its dominant position in the market throughout the forecast period. The invisible ink segment is, however, expected to expand with the highest CAGR in the market during the forecast period.

The global inkjet coder market is segmented, based on inkjet printing technology, into the following categories:

  • Continuous inkjet printing
  • Drop-on-demand inkjet printing

As of 2015, the continuous inkjet coder segment dominated the global inkjet coder market. The segment accounts for over 90% of the total revenue generated worldwide. Continuous inkjet printers are the oldest type of inkjet printers used for various coding and marking applications. The segment, thus, enjoys prolonged existence in the market across potential end-use applications such as healthcare, food, and consumer products. The main motive behind using continuous inkjet technology in these verticals is to facilitate printing on a high volume of products being manufactured.

Since continuous inkjet printing is highly suitable across the verticals, the segment is estimated to remain dominant in the market throughout the forecast period.

The global inkjet coder market has been segmented based on geographical regions, as per the following regions and countries:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • CIS
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • South Asia
  • Australasia
  • Rest of Asia Pacific
  • Middle East and Africa (MEA)
  • GCC countries
  • North Africa
  • South Africa
  • rest of MEA
  • Latin America
  • Brazil
  • Mexico
  • rest of Latin America

Based on geographic regions, the inkjet coder market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and Latin America. As of 2015, the overall inkjet coder market is dominated by the Europe region, which accounts for over one-third of the total market revenue generated worldwide. Asia Pacific follows Europe in terms of revenue in the inkjet coder market.

The market growth across these regions is largely governed by the huge manufacturing sector across different industry verticals. Due to strong anticipated growth across these segments in Asia Pacific and Europe, the regions are estimated to remain dominant in the market throughout the forecast period. With the ever-rising industrial growth in Asia Pacific, the region is projected to expand at the highest growth rate during the forecast period.

 Frequently Asked Questions:

The market for Inkjet Coders Market is expected to reach US$ 9.60 Bn in 2023

The Inkjet Coders Market is expected to see significant CAGR growth over the coming years, at 6.6%

The report is forecasted from 2016-2023.

The base year of this report is 2015.

Domino Printing Sciences PLC,Videojet Technologies, Inc., Markem-Imaje,Koenig & Bauer AG,Linx Printing Technologies Ltd. are some of the major players in the global market

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Published Date:  Sep 2016
Category:  Technology & Media
Report ID:   58074
Report Format:   PDF
Pages:   120
Rating:    4.4 (60)
Delivery Time: 24 Hours to 48 Hours   
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