About Banknote Printing Machine
Initially the banknote printing was carried out by the governments or their respective central banks. However, with robustly growing financial market and financial services as well as increasing international tourism has escalated the need for banknote printing machines. In addition to this, with increasing disposable incomes across the global, the market will be driven further. Banknote printing machines are used to print the papery. The banknote printing production process includes plate-making, printing, serial number printing, cutting, original drawing, original plating, inspection/finishing, wrapping and completion.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Billion) |
Banknote Printing Machine is a fragmented market due to the presence of a large number of established competitors. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.The Manufacturers having a strong hold in the market are KBA-NotaSys SA, Goebel Porzellan GmbH, Komori Corporation, China Banknote Printing and Minting Corporation. Analyst at AMA Research estimates that North American and Asian Manufacturers will contribute the maximum growth to Global Banknote Printing Machine market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
KBA-NotaSys SA (Switzerland), Komori (Japan), Koenig & Bauer AG (Germany) and Goebel Capital GmbH (Switzerland) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Banknote Printing Machine market by Type (Intaglio Printing, Offset Printing and Silk Screen Printing), Application (Governments and Central banks) and Region.
On the basis of geography, the market of Banknote Printing Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization Type, the sub-segment i.e. Government Organization will boost the Banknote Printing Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Private Enterprise will boost the Banknote Printing Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction to Higher Valued Noted across the Globe with respect to Upsurging Disposable Incomes and Adoption of Portable Bank Notes and Increasing Security and Automation of the Banknote Printers
Market Growth Drivers:
Volatile Economic Strategies across the globe leading to Continues Changes in Currencies and Increasing International Trades leading to Growing Need for Banknote Printing
Challenges:
Bank Note Piracy, Manufacturing Confidentiality and Data Security
Restraints:
Robust Increase in the Uses of Bitcoin and E-Banking Transactions and Rising Adoption of E-commerce Websites stagnating the demand for Physical Currencies
Opportunities:
Dynamic Economic and Currency based Structures to Avoid Note Piracy and Improve Security and Global Economic Stabilization and Improves Economic Conditions
Market Leaders and their expansionary development strategies
In March 2020, KBA-NotaSys announced the change of its corporate name to Koenig & Bauer Banknote Solutions, The name change harmonizes brands within the Koenig & Bauer Group and has no influence on the organization and structure of KBA-NotaSys. A global overhaul of the logo, the website, and related visuals were presented.
On January 30th, 2019, The Komori has launched new banknote printing system names ‘H-UV system’ which is an innovative UV curing system that uses a UV lamp/LED module developed with Komori know-how and high-sensitivity UV ink. With just one lamp/LED module mounted in the delivery, this system offers high print quality and reliability as well as excellent economic and eco-friendly performance. In addition to this, president & director of Komari, Satoshi Mochida has said that the same system is being adopted by 1000 more banknote printing press.
The European Central Bank (ECB) has a duty to ensure the integrity of the euro as a means of payment by applying the highest environmental, health and safety, security and quality standards throughout the research and development, design, production and supply phases of euro banknotes. Therefore, Euro banknotes must be produced to specific industrial standards, including ISO 9001, ISO 14001 and OHSAS 18001, and meet strict security requirements.
Key Target Audience
Banknote Printing Machine Manufacturers, Banknote Printing Machine Distributors and Traders, Government Finance and Economic Activity Regulators, Market research and Consulting Firms, Venture Capitalists and Investors, Financial Industry Associations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.