Market Overview

U.S. Coding & Marking Systems Market - A $860.6 Million Opportunity by 2023 - ResearchAndMarkets.com

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The "U.S.
Coding and Marking Systems Market by Technology, by End User -Market
Size, Share, Development, Growth, and Demand Forecast, 2013 - 2023"

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U.S. coding and marking systems market is projected to reach $860.6
million by 2023, according to research. The market growth is mainly
driven by increasing demand of coding and marking systems from the
automotive industry.

On the basis of technology, the U.S. coding and marking systems market
is segmented into continuous inkjet, thermal transfer overprinting
(TTO), thermal ink jet, drop on demand (DoD), print and apply labelers,
laser coding and marking. Of these, laser coding and marking is the
fastest growing category in the market, with respective volume and value
CAGRs of 7.9% and 8.7% during the forecast period.

On the basis of end-user, the U.S. coding and marking systems market is
segmented into food and beverage, electrical and electronics, automotive
and aerospace, chemical, healthcare, and others. Of these, food and
beverage was the largest end user category, with respective volume and
value contributions exceeding 45% and 40% in 2017. Stringent government
regulations in the country regarding safety and traceability have
mandated the proper labeling of manufacturing date, nutrition facts,
ingredient list, and manufacturer details on the primary or secondary
packages of food and beverage items; thereby leading to the market
growth.

In the U.S., boost in the manufacturing sector owing to stable
macroeconomic outlook and decrease in the cost of managing the supply
chain owing to vertical integration by leading players are also fueling
the growth of the U.S. coding and marking systems market. For example,
Dover corporation achieved more than 3% growth in printing and
identification platform during the fourth quarter of 2017. Additionally,
the growing intervention of government agencies such as FDA to put
detailed product and manufacturer information on primary and secondary
packages of food and beverage and drugs is pushing the growth of the
market in the country.

Key Topics Covered

Chapter 1. Research Background

Chapter 2. Research Methodology

Chapter 3. Executive Summary

Chapter 4. Introduction

Chapter 5. U.S. Market Size & Forecast

Chapter 6. Competitive Landscape

Chapter 7. Company Profiles

  • Danaher Corporation
  • Dover Corporation
  • Matthews International Corporation
  • Domino Printing Sciences Plc
  • Hitachi Ltd.
  • Rea Elektronik GmbH
  • ID Technology

For more information about this report visit https://www.researchandmarkets.com/research/dmphfq/u_s_coding_and?w=4

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