Report Detail

Machinery & Equipment Global Magnetic Ink Character Recognition (MICR) Printer Market Growth 2019-2024

  • RnM3034836
  • |
  • 27 February, 2019
  • |
  • Global
  • |
  • 137 Pages
  • |
  • LPI(LP Information)
  • |
  • Machinery & Equipment

Magnetic Ink Character Recognition (MICR) printer is a printer using MICR technology. MICR is an acronym for Magnetic Ink Character Recognition; it refers to the formulation of toner used to print the specialized font at the bottom of checks and other negotiable documents.
Banks use MICR technology to print information such as cheque amount, account number, bank code and cheque number. The MICR technology has advantages such as high security, low deciphering error rate and high compatibility with existing computing systems. These advantages help in expediting the processing of documents.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

According to this study, over the next five years the Magnetic Ink Character Recognition (MICR) Printer market will register a -5.2% CAGR in terms of revenue, the global market size will reach US$ 100 million by 2024, from US$ 130 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Magnetic Ink Character Recognition (MICR) Printer business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Ink Character Recognition (MICR) Printer market by product type, application, key manufacturers and key regions and countries.

This study considers the Magnetic Ink Character Recognition (MICR) Printer value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Laser MICR Printer
Inkjet MICR Printer
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Banking and Financial
Retail
Healthcare
Government
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
HP (TROY)
Lexmark (Source Technologies)
Xerox
Ricoh
Canon (Oce)
IBM
...

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Magnetic Ink Character Recognition (MICR) Printer consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Magnetic Ink Character Recognition (MICR) Printer market by identifying its various subsegments.
Focuses on the key global Magnetic Ink Character Recognition (MICR) Printer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Magnetic Ink Character Recognition (MICR) Printer with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Magnetic Ink Character Recognition (MICR) Printer submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.


Table of Contents

    2019-2024 Global Magnetic Ink Character Recognition (MICR) Printer Consumption Market Report

      1 Scope of the Report

      • 1.1 Market Introduction
      • 1.2 Research Objectives
      • 1.3 Years Considered
      • 1.4 Market Research Methodology
      • 1.5 Economic Indicators
      • 1.6 Currency Considered

      2 Executive Summary

      • 2.1 World Market Overview
        • 2.1.1 Global Magnetic Ink Character Recognition (MICR) Printer Consumption 2014-2024
        • 2.1.2 Magnetic Ink Character Recognition (MICR) Printer Consumption CAGR by Region
      • 2.2 Magnetic Ink Character Recognition (MICR) Printer Segment by Type
        • 2.2.1 Laser MICR Printer
        • 2.2.2 Inkjet MICR Printer
      • 2.3 Magnetic Ink Character Recognition (MICR) Printer Consumption by Type
        • 2.3.1 Global Magnetic Ink Character Recognition (MICR) Printer Consumption Market Share by Type (2014-2019)
        • 2.3.2 Global Magnetic Ink Character Recognition (MICR) Printer Revenue and Market Share by Type (2014-2019)
        • 2.3.3 Global Magnetic Ink Character Recognition (MICR) Printer Sale Price by Type (2014-2019)
      • 2.4 Magnetic Ink Character Recognition (MICR) Printer Segment by Application
        • 2.4.1 Banking and Financial
        • 2.4.2 Retail
        • 2.4.3 Healthcare
        • 2.4.4 Government
        • 2.4.5 Others
      • 2.5 Magnetic Ink Character Recognition (MICR) Printer Consumption by Application
        • 2.5.1 Global Magnetic Ink Character Recognition (MICR) Printer Consumption Market Share by Application (2014-2019)
        • 2.5.2 Global Magnetic Ink Character Recognition (MICR) Printer Value and Market Share by Application (2014-2019)
        • 2.5.3 Global Magnetic Ink Character Recognition (MICR) Printer Sale Price by Application (2014-2019)

      3 Global Magnetic Ink Character Recognition (MICR) Printer by Players

      • 3.1 Global Magnetic Ink Character Recognition (MICR) Printer Sales Market Share by Players
        • 3.1.1 Global Magnetic Ink Character Recognition (MICR) Printer Sales by Players (2017-2019)
        • 3.1.2 Global Magnetic Ink Character Recognition (MICR) Printer Sales Market Share by Players (2017-2019)
      • 3.2 Global Magnetic Ink Character Recognition (MICR) Printer Revenue Market Share by Players
        • 3.2.1 Global Magnetic Ink Character Recognition (MICR) Printer Revenue by Players (2017-2019)
        • 3.2.2 Global Magnetic Ink Character Recognition (MICR) Printer Revenue Market Share by Players (2017-2019)
      • 3.3 Global Magnetic Ink Character Recognition (MICR) Printer Sale Price by Players
      • 3.4 Global Magnetic Ink Character Recognition (MICR) Printer Manufacturing Base Distribution, Sales Area, Product Types by Players
        • 3.4.1 Global Magnetic Ink Character Recognition (MICR) Printer Manufacturing Base Distribution and Sales Area by Players
        • 3.4.2 Players Magnetic Ink Character Recognition (MICR) Printer Products Offered
      • 3.5 Market Concentration Rate Analysis
        • 3.5.1 Competition Landscape Analysis
        • 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
      • 3.6 New Products and Potential Entrants
      • 3.7 Mergers & Acquisitions, Expansion

      4 Magnetic Ink Character Recognition (MICR) Printer by Regions

      • 4.1 Magnetic Ink Character Recognition (MICR) Printer by Regions
        • 4.1.1 Global Magnetic Ink Character Recognition (MICR) Printer Consumption by Regions
        • 4.1.2 Global Magnetic Ink Character Recognition (MICR) Printer Value by Regions
      • 4.2 Americas Magnetic Ink Character Recognition (MICR) Printer Consumption Growth
      • 4.3 APAC Magnetic Ink Character Recognition (MICR) Printer Consumption Growth
      • 4.4 Europe Magnetic Ink Character Recognition (MICR) Printer Consumption Growth
      • 4.5 Middle East & Africa Magnetic Ink Character Recognition (MICR) Printer Consumption Growth

      5 Americas

      • 5.1 Americas Magnetic Ink Character Recognition (MICR) Printer Consumption by Countries
        • 5.1.1 Americas Magnetic Ink Character Recognition (MICR) Printer Consumption by Countries (2014-2019)
        • 5.1.2 Americas Magnetic Ink Character Recognition (MICR) Printer Value by Countries (2014-2019)
      • 5.2 Americas Magnetic Ink Character Recognition (MICR) Printer Consumption by Type
      • 5.3 Americas Magnetic Ink Character Recognition (MICR) Printer Consumption by Application
      • 5.4 United States
      • 5.5 Canada
      • 5.6 Mexico
      • 5.7 Key Economic Indicators of Few Americas Countries

      6 APAC

      • 6.1 APAC Magnetic Ink Character Recognition (MICR) Printer Consumption by Countries
        • 6.1.1 APAC Magnetic Ink Character Recognition (MICR) Printer Consumption by Countries (2014-2019)
        • 6.1.2 APAC Magnetic Ink Character Recognition (MICR) Printer Value by Countries (2014-2019)
      • 6.2 APAC Magnetic Ink Character Recognition (MICR) Printer Consumption by Type
      • 6.3 APAC Magnetic Ink Character Recognition (MICR) Printer Consumption by Application
      • 6.4 China
      • 6.5 Japan
      • 6.6 Korea
      • 6.7 Southeast Asia
      • 6.8 India
      • 6.9 Australia
      • 6.10 Key Economic Indicators of Few APAC Countries

      7 Europe

      • 7.1 Europe Magnetic Ink Character Recognition (MICR) Printer by Countries
        • 7.1.1 Europe Magnetic Ink Character Recognition (MICR) Printer Consumption by Countries (2014-2019)
        • 7.1.2 Europe Magnetic Ink Character Recognition (MICR) Printer Value by Countries (2014-2019)
      • 7.2 Europe Magnetic Ink Character Recognition (MICR) Printer Consumption by Type
      • 7.3 Europe Magnetic Ink Character Recognition (MICR) Printer Consumption by Application
      • 7.4 Germany
      • 7.5 France
      • 7.6 UK
      • 7.7 Italy
      • 7.8 Russia
      • 7.9 Spain
      • 7.10 Key Economic Indicators of Few Europe Countries

      8 Middle East & Africa

      • 8.1 Middle East & Africa Magnetic Ink Character Recognition (MICR) Printer by Countries
        • 8.1.1 Middle East & Africa Magnetic Ink Character Recognition (MICR) Printer Consumption by Countries (2014-2019)
        • 8.1.2 Middle East & Africa Magnetic Ink Character Recognition (MICR) Printer Value by Countries (2014-2019)
      • 8.2 Middle East & Africa Magnetic Ink Character Recognition (MICR) Printer Consumption by Type
      • 8.3 Middle East & Africa Magnetic Ink Character Recognition (MICR) Printer Consumption by Application
      • 8.4 Egypt
      • 8.5 South Africa
      • 8.6 Israel
      • 8.7 Turkey
      • 8.8 GCC Countries

      9 Market Drivers, Challenges and Trends

      • 9.1 Market Drivers and Impact
        • 9.1.1 Growing Demand from Key Regions
        • 9.1.2 Growing Demand from Key Applications and Potential Industries
      • 9.2 Market Challenges and Impact
      • 9.3 Market Trends

      10 Marketing, Distributors and Customer

      • 10.1 Sales Channel
        • 10.1.1 Direct Channels
        • 10.1.2 Indirect Channels
      • 10.2 Magnetic Ink Character Recognition (MICR) Printer Distributors
      • 10.3 Magnetic Ink Character Recognition (MICR) Printer Customer

      11 Global Magnetic Ink Character Recognition (MICR) Printer Market Forecast

      • 11.1 Global Magnetic Ink Character Recognition (MICR) Printer Consumption Forecast (2019-2024)
      • 11.2 Global Magnetic Ink Character Recognition (MICR) Printer Forecast by Regions
        • 11.2.1 Global Magnetic Ink Character Recognition (MICR) Printer Forecast by Regions (2019-2024)
        • 11.2.2 Global Magnetic Ink Character Recognition (MICR) Printer Value Forecast by Regions (2019-2024)
        • 11.2.3 Americas Consumption Forecast
        • 11.2.4 APAC Consumption Forecast
        • 11.2.5 Europe Consumption Forecast
        • 11.2.6 Middle East & Africa Consumption Forecast
      • 11.3 Americas Forecast by Countries
        • 11.3.1 United States Market Forecast
        • 11.3.2 Canada Market Forecast
        • 11.3.3 Mexico Market Forecast
        • 11.3.4 Brazil Market Forecast
      • 11.4 APAC Forecast by Countries
        • 11.4.1 China Market Forecast
        • 11.4.2 Japan Market Forecast
        • 11.4.3 Korea Market Forecast
        • 11.4.4 Southeast Asia Market Forecast
        • 11.4.5 India Market Forecast
        • 11.4.6 Australia Market Forecast
      • 11.5 Europe Forecast by Countries
        • 11.5.1 Germany Market Forecast
        • 11.5.2 France Market Forecast
        • 11.5.3 UK Market Forecast
        • 11.5.4 Italy Market Forecast
        • 11.5.5 Russia Market Forecast
        • 11.5.6 Spain Market Forecast
      • 11.6 Middle East & Africa Forecast by Countries
        • 11.6.1 Egypt Market Forecast
        • 11.6.2 South Africa Market Forecast
        • 11.6.3 Israel Market Forecast
        • 11.6.4 Turkey Market Forecast
        • 11.6.5 GCC Countries Market Forecast
      • 11.7 Global Magnetic Ink Character Recognition (MICR) Printer Forecast by Type
      • 11.8 Global Magnetic Ink Character Recognition (MICR) Printer Forecast by Application

      12 Key Players Analysis

      • 12.1 HP (TROY)
        • 12.1.1 Company Details
        • 12.1.2 Magnetic Ink Character Recognition (MICR) Printer Product Offered
        • 12.1.3 HP (TROY) Magnetic Ink Character Recognition (MICR) Printer Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.1.4 Main Business Overview
        • 12.1.5 HP (TROY) News
      • 12.2 Lexmark (Source Technologies)
        • 12.2.1 Company Details
        • 12.2.2 Magnetic Ink Character Recognition (MICR) Printer Product Offered
        • 12.2.3 Lexmark (Source Technologies) Magnetic Ink Character Recognition (MICR) Printer Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.2.4 Main Business Overview
        • 12.2.5 Lexmark (Source Technologies) News
      • 12.3 Xerox
        • 12.3.1 Company Details
        • 12.3.2 Magnetic Ink Character Recognition (MICR) Printer Product Offered
        • 12.3.3 Xerox Magnetic Ink Character Recognition (MICR) Printer Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.3.4 Main Business Overview
        • 12.3.5 Xerox News
      • 12.4 Ricoh
        • 12.4.1 Company Details
        • 12.4.2 Magnetic Ink Character Recognition (MICR) Printer Product Offered
        • 12.4.3 Ricoh Magnetic Ink Character Recognition (MICR) Printer Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.4.4 Main Business Overview
        • 12.4.5 Ricoh News
      • 12.5 Canon (Oce)
        • 12.5.1 Company Details
        • 12.5.2 Magnetic Ink Character Recognition (MICR) Printer Product Offered
        • 12.5.3 Canon (Oce) Magnetic Ink Character Recognition (MICR) Printer Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.5.4 Main Business Overview
        • 12.5.5 Canon (Oce) News
      • 12.6 IBM
        • 12.6.1 Company Details
        • 12.6.2 Magnetic Ink Character Recognition (MICR) Printer Product Offered
        • 12.6.3 IBM Magnetic Ink Character Recognition (MICR) Printer Sales, Revenue, Price and Gross Margin (2017-2019)
        • 12.6.4 Main Business Overview
        • 12.6.5 IBM News

      ...

        13 Research Findings and Conclusion

        Summary:
        Get latest Market Research Reports on Magnetic Ink Character Recognition (MICR) Printer . Industry analysis & Market Report on Magnetic Ink Character Recognition (MICR) Printer is a syndicated market report, published as Global Magnetic Ink Character Recognition (MICR) Printer Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Magnetic Ink Character Recognition (MICR) Printer market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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