Global Industrial Marking and Labeling Systems Market– Introduction
Marketing and labeling machines are industrial machines used to provide the information and data of production (timing and date) of a product. Additionally, it is used to deliver information about the details of consumption and usage of the product as well as where the product is made. Marketing and labeling systems are used to print information related to the products, machines, and equipment permanently with manufacturing details, barcodes, ingredients, codes, and other information, that can be used in different industries across the globe.
Global Industrial Marking and Labeling Systems Market–Competition Landscape
The industrial marking and labeling systems market is expected to witness a surge in the number of mergers and acquisitions by big manufacturers to expand their production and business during the forecast period.
- In January 2016, Hitachi America, Ltd. announced and completed its acquisition of Label House (Legal Name: -L.A. Supply Corporation), a prominent provider of labeling and marking services and products, to form a new subsidiary. The new subsidiary will operate as Label House (LH) in the worldwide market.
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Incorporated in 1920, Hitachi is a Japanese multinational conglomerate company with around 295,941 employees, headquartered in Tokyo, Japan. The company is specialized in producing, manufacturing, and selling high functional materials and components, electronic systems and equipment, information and telecommunication systems, automotive systems, construction machinery, social infrastructure and industrial systems, and other products across the globe. Furthermore, the company manufactures and sells a variety of marking and labeling solutions.
Weber Marking Systems GmbH
Founded in 1968, Weber Marking Systems GmbH is one of the leading player in the European region. The company is headquartered in Rheinbreitbach, Germany. The company has is a supplier and manufacturer of customized solutions to industrial marking and labeling products.
Established in 1923, Phoenix is a prominent player in manufacturing industrial interface solutions, and automation and interconnection solutions. The company is based in Blomberg, Germany, with approximately 16,500 employees. In addition, the company manufactures its different products in over 10 nations that includes Germany, Greece, USA, India, China, Poland, Brazil, Argentina, Turkey, and Sweden. Phoenix has almost 50 subsidiaries across the world. The company manufactures industrial marking and labeling products worldwide.
Some of the key players operating in the global industrial marking and labeling systems market are Weber Marking Systems GmbH, ID Technology, LLC., Jay Instruments and Systems Pvt. Ltd, Phoenix Contact, UL LLC, Diagraph Corporation, Videojet Technologies, Inc, Matthews International Corporation, Iconotech, and Ink Jet, Inc.
Global Industrial Marking and Labeling Systems Market–Dynamics
Growing awareness about marking and labeling systems due to safety concerns
Growing importance and awareness about printing information such as batch numbers, manufacture date, promotional codes, expiry, and quality control information is one of the major factors driving the demand for marketing and labeling devices across the global market. In addition, rising production capacity by manufacturing industries of developed and developing countries and rapid urbanization is boosting the growth of the industrial marking and labeling systems market. Furthermore, strict laws, standards, and regulations by governments to prevent fake products in the global market is propelling the growth of the industrial marking and labeling systems market. Increasing adoption of automated inventory operations, centrally integrated systems, and extensive production processes is likely to fuel the demand for industrial marking and labeling systems in the international market. Growing requirement and use of highly reliable, speedy, and efficient marking and labeling machines in different industries is expected to enhance the industrial marketing and labeling systems market across the globe over the next few years.
High pricing of marking and labeling machines hampering the market across the globe
The high price of marking and labeling machines depends on machine size, specifications, technology integration, and consumables used. High price of marking and labeling machines hamper their adoption by various industries in emerging and developed economies and is one of the major restraints of the market.
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Global Industrial Marking and Labeling Systems Market–Segmentation
The global industrial marking and labeling systems market can be segmented based on:
- Product Type
Global Industrial Marking and Labeling Systems Market, by Product Type
Based on product type, the global industrial marking and labeling systems market can be divided into:-
- Industrial Ink Jet Systems
- Contact Marking
- Color Label Systems
- Thermal Transfer over printers
- Label Printers
- Labeling Systems
- Label Applicators
- Print & Apply
- Thermal Ink Jet
- Small Character Ink Jet
- High Resolution Inkjet Case Coding Printers
Global Industrial Marking and Labeling Systems Market, by Application
In terms of application, the global industrial marking and labeling systems market can be segmented into:
- Cosmetics and Chemical Products
- Wires and Cables
- Lumber - Pulp – Paper
- Building Materials
- Metal Cans
- Corrugated Packaging
- Retail-Ready Packaging
- Flexible Films & Foils
- Pharmaceutical products
Global Industrial Marking and Labeling Systems Market, by Industry
In terms of industry, the global industrial marking and labeling systems market can be categorized into:
- Oil & Gas
- Food & Beverages
- IT &Telecommunication
- Aerospace & Defense
- Electronics & Consumer Goods
The report incorporates in-depth assessment of product development, financial analysis, product market sizing, competition landscape, product benchmarking, market trends, and strategic analysis to estimate the potential opportunities for and impact forces of the global industrial marking and labeling systems market. The report also includes a study and qualitative and quantitative research of major developments in the market such as mergers and acquisitions, product launches, agreements, and collaborations to recognize the prevailing market dynamics and their estimated impact during the forecast period.
Regional analysis of the global industrial marking and labeling systems market includes:
- North America
- South America
- Asia Pacific
- Middle East & Africa (MEA)
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.