A Banknote-Printing Machine is a specialized device used to print and finish paper money, such as banknotes, coins, and other forms of currency. The machines are usually operated by central banks, mints, and other government agencies. They are used for producing high-quality, secure notes with advanced security features such as watermarks, security threads, holograms, and other features. The machines are also able to print large volumes quickly and accurately.
The global market for Banknote-Printing Machines is expected to grow steadily over the forecast period. This growth is driven by increasing demand for secure currencies, rising demand for innovative security features, and increasing government expenditure on currency production. The increasing adoption of digital payment solutions is also expected to drive the market, as governments and central banks look to ensure the security of digital financial transactions. Furthermore, the development of advanced technologies, such as laser printing and digital printing, is expected to drive the market growth.
The global Banknote-Printing Machine market was valued at US$ 124 million in 2022 and is anticipated to reach US$ 137.8 million by 2029, witnessing a CAGR of 1.5% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Banknote-Printing Machine Market available at: https://www.themarketreports.com/report/global-banknote-printing-machine-market-research-report
This report aims to provide a comprehensive presentation of the global market for Banknote-Printing Machine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Banknote-Printing Machine.
Global Banknote-Printing Machine key players include Koenig & Bauer, KOMORI, CBPM, Goebel, etc. Global top four manufacturers hold a share about 98%. China is the largest market, with a share about 11%, followed by Europe and United States, both have a share over 10 percent. In terms of product, Intaglio Printing is the largest segment, with a share over 58%. And in terms of application, the largest application is State Print Works, followed by Commercial Banknote Printers, etc.
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