Automatic Numbering Machines: Introduction
- An automatic numbering machine is used to reveal an image at the surface of a product such as date and number stamp, serial number, and inspection stamp.
- Automatic numbering machines are used to draw numbers on various types of materials such as alloys, anodized, black paper, ceramic, ebony, glass, leather, metals, plastics, polycarbonate, polymers, precious stones, rubber, silicon, textiles, and wood.
- Number plate of automatic numbering machine have numbers, letters, sign and special logos.
- The global automatic numbering machines market is projected to expand at a rapid pace, during the forecast period owing to increasing demand for automatic numbering machines from different industries such as food & beverages, chemicals, oil & gas, and manufacturing.
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Global Automatic Numbering Machines Market: Dynamics
Global Automatic Numbering Machines Market: Key Drivers
- Growing demand for reliable, cutting edge equipment from manufacturing and industrial sectors for production processes is the major factor projected to propel the market growth in the next few years.
- A shift from manual numbering machines to automatic numbering machines is expected to fuel the growth of the automatic numbering machines market globally.
- Furthermore, rise in demand for automatic numbering machines from aerospace, packaging, electronics, medical, automotive, and other industries for drawing date and number stamp, serial number, and inspection stamp is anticipated to fuel the demand for automatic numbering machines.
- Development of new products globally is further projected to drive the automatic numbering machines market. This is primarily because automatic numbering machines are used to emboss alphanumerical codes on the product, which is projected to propel the market growth.
Availability of Substitute Products set to Hamper the Market
- Availability of substitute products with better functionality such as marking machines is a major factor expected to hinder the global automatic numbering machines market in the next few years.
Asia Pacific the Fastest Growing Region in the Global Automatic Numbering Machines Market
- In terms of region, the global automatic numbering machines market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
- Asia Pacific is expected to witness maximum demand for automatic numbering machines from 2019 to 2027. China and India are the key markets in the region. The market in Asia Pacific is growing rapidly due to growing aviation, automobile, manufacturing, electronics, and other sectors in the region.
- A growing processing sector and industrialization especially in China followed by India is projected to contribute to regional market growth in the forthcoming years.
- North America dominated the global automatic numbering machines market in 2018 due to industrialization and complete mechanization of industries in the region. The U.S. is a key market in North America due to high demand for automatic numbering machines in the country. Europe is anticipated to hold the second largest share of the global automatic numbering machines market in 2018.
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Global Automatic Numbering Machines Market: Competitive Landscape
Key Players Operating in the Global Automatic Numbering Machines Market
Few local, regional, and international players manufacture automatic numbering machines. Hence, the automatic numbering machines market is consolidated and the bargaining power of buyers is low. The degree of competition among market players is also high. Automatic numbering machine manufacturers are focused on product differentiation and portfolio expansion strategies. Key players operating in the global automatic numbering machines market are:
- Automator International Srl
- Ernst Reiner GmbH & Co. KG
- Leibinger Group
- Monode Marking Products, Inc.
- Pannier Corporation
- Pryor Marking Technology
- Röltgen GmbH
- SOMAUT S.r.l.
- Origami Machines Pvt. Ltd.
- LION OFFICE PRODUCTS INC.
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