Global Inkjet Coders Market Size, Share - Industry Trends and Forecast 2016 - 2024
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Latest Research Report Inkjet Coders Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
provides information on pricing, market analysis, shares, forecast,
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The
inkjet technology is a reliable and cost-effective method used to
mark and code a whole range of products. Inkjet coders are most
commonly used in the packaging industry to differentiate products.
These are a non-contact printing coders that can generate dates and
batch numbers, and time any information to a variety of packaging
products including containers, cartons labels, etc. Inkjet coders are
used in industries, such as food and beverages, automotive, personal
care products, pharmaceuticals, and electronics, for marking purpose.
The inkjet coders cost less but have higher maintenance cost, whereas
laser coders have high cost and low maintenance cost. Inkjet coders
are cost effective and are recommended for economical color printing.
The substitute for inkjet coder is laser coder. Inkjet coders
comprise different chambers containing different colors of ink.
Recently, Videojet Technologies Inc., a manufacturer of coding,
marking, and printing products, launched six new inks for larger
inkjet printers. Making an innovation in coding solution, Hitachi
America, Ltd. recently developed its latest generation of continuous
ink jet printers, the UX Series.
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Drop
on Demand (DOD), Continuous Inkjet (CIJ) and Thermal Inkjet (TIJ) are
the three types of ink-jet technologies used in the packaging
industry for coding applications. The drop on demand technology uses
aqueous or UV curable inks to print on a wide range of products; it
has a number of chambers which contains ink. Continuous ink jet is a
non-contact coding and durable method. The small characters of CIJ
coders generate expiry dates, lot codes, graphics, and bar codes on a
variety of primary packaging and the large character of CIJ coders
generate same for secondary packaging, i.e. for cartons, etc. Thermal
ink jet coders make use of print cartridges. They contain a series of
small electrically heated chambers, which can be controlled by a
flex-circuit, and involve high speed coding for serialized data.
(TIJ) technology is usually for generating high-quality graphics and
high-grade two-dimensional ‘symbologies’ such as DataMatrix
codes. Generally, industries such as pharmaceuticals, tobacco,
health, and beauty make use of TIJ coders.
The
global inkjet coder market is segmented based on product technology,
end user, and geography. By product technology, the global inkjet
coder market is segmented into Drop on Demand (DOD), Continuous
Inkjet (CIJ), and Thermal Inkjet (TIJ). By end user, the global
inkjet coder market is categorized on the basis of different
industries, including food and beverages, cosmetics, personal and
home care, pharmaceuticals and medical devices, tobacco, automotive
and aerospace, building materials, chemicals, commercial printing and
addressing, electrical components and electronics, and wire, cable
and pipe
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Technological
developments in inkjet coders, such as advancement in software that
controls and monitors ink viscosity and automatic flush systems that
help save time by stopping and cleaning daily print head, are
anticipated to create excellent growth opportunities for the inkjet
coder market. Rise in demand for minimization of solvent evaporation
and reducing mixing of air with ink are the major factors expected to
drive growth of the inkjet coders market over the forecast period.
However, factors such as high running cost and low quality of marks
that result in non-permanent mark are expected to hinder the market
growth. Also, inkjet coders spill some tiny droplets of ink while
printing; therefore, their resolution is lower than the laser
printers. Significant factors that influence the demand for ink jet
coders are reduced downtime, which helps customers expand the visual
and functional coding capabilities. Currently, increasing number of
manufacturers are seeking high performance printing and coding
equipment, thereby creating significant growth and investment
opportunities for players in the inkjet coders market.
By
geography, the global inkjet coder market is segmented into North
America, Europe, Asia Pacific (APAC), the Middle East and Africa
(MEA), and Latin America. Currently, North America and Europe
dominate the market, accounting for the highest share of the global
inkjet coders market in terms of volume. However, most of the major
manufacturers in the market are from China, in view of the low
capital cost required in the country, advancements in technology, and
changing trends and requirements of players in the market. The global
commercial and industrial markets play an important role in the
development of the overall ink jet coder market.
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Some
of the key players in the global inkjet coding market are Videojet
Technologies, Inc., FoxJet, an ITW Company, Hitachi America, Ltd., ID
Technology, LLC., KGK Jet India., Linx Printing Technologies, Domino
Printing Sciences plc, Shanghai Rottweil Handyware Printing
Technology Co., Ltd, Media Data Systems Pte Ltd, Elmark Packaging,
Koenig & Bauer AG, Squid Ink Manufacturing, Inc., Markem-Imaje, a
Dover Company, and Xaar plc.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
North
America
Asia
Pacific
Europe
Middle
East and Africa
Latin
America
This
report provides comprehensive analysis of
Market
growth drivers
Factors
limiting market growth
Current
market trends
Market
structure
Market
projections for upcoming years
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
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