Europe Braille Printing Machine Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Connectivity (Wired and Wireless) and Product Type (Embossers, Embossers + Monochrome Ink, and Embossers + Color Ink)

Embossers Segment to Dominate Europe Braille Printing Machine Market during 2020-2028

According to this research study titled “Europe Braille Printing Machine Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Connectivity, Product Type,” the market is expected to reach US$ 161.27 million by 2028 from US$ 106.00 million in 2021. The market is estimated to grow at a CAGR of 6.18% from 2021 to 2028. The report provides trends prevailing in the Europe braille printing machine market along with the drivers and restraints pertaining to the market growth. Evolution in Tactile Printing Method are the major factor driving the growth of the Europe braille printing machine market. However, huge Initial Investment Requirements hinder the growth of Europe braille printing machine market.

Due to the COVID-19 outbreak, Spain, Italy, Germany, UK, and France are some of the worst affected member states in the European region. Businesses in the region face severe economic difficulties as they had either to suspend their operations or substantially reduce their activities. Owing to business lockdowns, travel bans, and supply chain disruptions, the region is anticipated to have an economic slowdown in 2020 and most likely in 2021. The member states of Europe, such as Italy, Spain, and Germany, have implemented drastic measures and travel restrictions to limit the spread of coronavirus among its citizens. European countries represent a significant market for braille printing machine adoption and growth owing to the high purchasing power of individual customers and boosting the e-commerce industry. However, due to COVID-19, the manufacturing of braille printers has seen a sharp decline in European countries. The retail & e-Commerce industry is expected to be under stress in 2020, and it will require time to stabilize. All these factors are expected to impact braille printing machine market growth in European countries directly. Italy, Spain, Germany, UK, and France braille printing machine markets are anticipated to see the worst impact in 2020 and likely in 2021.

The Europe braille printing machine market is segmented based on product type, connectivity, and country. Based on product type, market is segmented as embossers, embossers + monochrome ink, and embossers + color ink. Embossers segment led the braille printing machine market 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.

American Thermoform, Baumer HHS GmBH, Humanware Group, Index Braille,Harpo Sp. Z.O.O, ViewPlus, Kanematsu USA, Blista Brailletec are among the leading companies in the Europe braille printing machine market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, Enabling Technologies and HumanWare enters a new strategic partnership that will increase Enabling Technologies’ embosser distribution and expand HumanWare’s product portfolio offer into print braille

The report segments the Europe Braille Printing Machine Market as follows:

Europe Braille Printing Machine Market - By Connectivity

• Wired
• Wireless

Europe Braille Printing Machine Market - By Product Type

• Embossers
• Embossers + Monochrome Ink
• Embossers + Color Ink

Europe Braille Printing Machine Market - By Country

• Germany
• France
• Italy
• UK
• Russia
• Rest of Europe