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Pad Printing Machine Market Size Worth USD 1,830.5 Million in 2032 | Emergen Research
Emergen Research
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Emergen Research
Emergen Research

Increasing usage of pad printing machines in end-use industries is a key factor driving Pad Printing Machine market revenue growth

Vancouver, Nov. 22, 2023 (GLOBE NEWSWIRE) -- The global pad printing machine market size was USD 1,078.0 Million in 2022 and is expected to register a steady revenue CAGR of 5.4% during the forecast period, according to latest analysis by Emergen Research. Rising technological advancements in pad printing machines and usage of pad printing machines in end-use industries and increasing integration of Machine Learning (ML) and use of robots are key factors driving market revenue growth.

A pad printing machine is used to print simple or intricate designs on a material or product, which can print a simple image with single color or complex one with multiple graphics. Another major use of automatic pad printing equipment is in the electronics industry. Printing on electronic parts, such as circuit boards, toggles, and buttons, can be performed with these machines. The printing process is critical in the electronics sector as it allows for feature identification, which is required for assurance of quality and compliance with regulations.

In the electronics industry, automatic pad printers are designed for handling small and delicate components while producing prints of excellent quality with high precision. The printing is carried out with non-contact printing, which protects the elements. The promotional products industry is another big user of automatic pad printing technology, which are used to print logos and graphics on promotional items such as pens, keychains, and mugs. The printing method is crucial in the promotional items market since it allows for product personalization, making these more appealing to customers. Pad printers used in the promotional products industry are designed to handle various substrates while creating high-quality prints with vibrant colors.

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In addition, leading companies focusing on new product launches and taking initiatives, which is another key factor driving revenue growth of the market. For instance, on 27 November 2020, Rapid Robotics released its first ready-to-work robot machine worker, which is intended to provide contract manufacturers with an easy, cost-effective approach to automate typical machine functions and cope with offshore facilities. It can handle simple jobs, such as injection molding, pad printing, heat stamping, and pick and place, as well as dozens of more activities in industries including medical devices and electronics.

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