Banknote Printing Machine Market By Component (Solution, Services), By Production Process (Offset Printing, Intaglio Printing, Letterpress Printing, Silk screen printing), By End User (Central Banks, Government Authorities and Private Enterprises): Global Opportunity Analysis and Industry Forecast, 2021-2031
Banknote printing machine is offered by the companies and contract agencies to securely print the paper currency. The machine meets the needs of the central banks and government, in a high technical and secured quality. The activity of banknote production originated within the government framework to support the basic needs of national sovereignty, and planting supports of self-dependence. Furthermore, it provides expandable framework, as well as embodies both tradition and innovation, including durability, machine readability, and reliable protection against counterfeiting. Moreover, a number of central banks have bid private sector to contribute in banknote production, owing to the advancement and growth of financial markets, which in turn boosts the demand for banknote printing machines.
Rise in instances of currency counterfeiting, terrorist funding, and surge in government regulations & policies regarding clean banknote policies drive the growth of banknote printing machine market. Moreover, surge in number of security breaches in banknote circulation and adoption of durable solution in banknote productions boost the market size. However, the rise in acceptance and initiatives of digital money & cashless transactions coupled with issues in outsourcing of banknote production restrict the growth of the market. On the contrary, the emergence of big data analytics in banknote printing machine is expected to offer remunerative opportunities for expansion of the market during the forecast period.
The banknote printing machine market is segmented on the basis of component, production process, application, and region. On the basis of component, the market is bifurcated into solutions and service. On the basis of production process, the market is classified into offset printing, intaglio printing, letterpress printing, and silk screen printing. By end-user, it is classified into central banks and government authorities & private enterprises. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the banknote printing machine market are Barry-Wehmiller Companies, Bobst Group SA, Cash Processing Solutions (CPS), Crane Holdings, Co., Flint Group, Focus Technology Co., Ltd., Goebel Capital GmbH, Heidelberger Druckmaschinen AG, Koenig & Bauer AG, Komori Corporation, Konica Minolta, Inc., Oumolat Security Printing LLC, Pasaban S.A., Security Printing & Minting Corporation of India Ltd., Shenzhen CBPM-KEXIN Banking Technology Co., Ltd, SPS TechnoScreen GmbH, and Tangem AG. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the banknote printing machine market analysis from 2021 to 2031 to identify the prevailing banknote printing machine market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the banknote printing machine market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global banknote printing machine market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Component
Solution
Solution Type
Hybrid Substrates
Pure Polymer Substrates
Superior Carnishes and Coatings
Services
Service Type
Professional Service
Managed Service
By Production Process
Offset Printing
Intaglio Printing
Letterpress Printing
Silk screen printing
By End User
Government Authorities and Private Enterprises
Central Banks
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Mexico
UAE
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
Barry-Wehmiller Companies
Bobst Group SA
Cash Processing Solutions (CPS)
Crane Holdings, Co.
Flint Group
Focus Technology Co., Ltd.
Goebel Capital GmbH
Heidelberger Druckmaschinen AG
Koenig & Bauer AG
Komori Corporation
Konica Minolta, Inc.
Oumolat Security Printing LLC
Pasaban S.A.
Security Printing & Minting Corporation of India Ltd.
Shenzhen CBPM-KEXIN Banking Technology Co., Ltd.
SPS TechnoScreen GmbH
Tangem AG
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