Growth in banking sector and rising adoption of ID cards in manufacturing sector to largely contribute to the growth of the global market
Card printer ribbons are essentially those consumables that hold the printing ink that is to be printed on cards, especially bank cards and ID cards. They guarantee sharp barcodes, crisp text and accurate colour patterns. Card printer ribbons print the card with the help of thermal technology and using ribbon cartridges. Typically, they do not have PLC (Programmable Logic Controllers) and have to rely on external computers.
Manufacturers involved in card printers and associated consumables are investing in research and development to develop and innovate new products to cater to changing customer requirements. Earlier, ink was used for printing purposes, however, with technological advancements, the consumables used for printing cards have changed. New card printing machines use ribbons as they offer high quality ID cards with crisp detailing. This has pushed the application of card printers and its consumables in different industries such as banking, healthcare, manufacturing etc.
Analysis of card printer ribbons says that the global market is dominated by limited number of manufacturers. They are introducing new products and technologies and are strategically focusing on reinforcing their base in the early phase of the product life cycle.
Card Printer Market: Single Sided Card Printing to Witness Sluggish Growth During the Forecast Period: Global Industry Analysis (2013 - 2017) and Opportunity Assessment (2018 - 2028)Buy Now
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