What is Banknote Printing MachineMarket?
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.
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
Volatile Economic Strategies across the globe leading to Continues Changes in Currencies and Increasing International Trades leading to Growing Need for Banknote Printing
Dynamic Economic and Currency based Structures to Avoid Note Piracy and Improve Security and Global Economic Stabilization and Improves Economic Conditions
The Manufacturers Covered in the Study are:
KBA-NotaSys SA (Switzerland), Komori (Japan), Koenig & Bauer AG (Germany) and Goebel Capital GmbH (Switzerland)
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.