The continuous inkjet market to constitute approximately 40% of the market share. The laser coding and marking market has the second highest growth rate. TIJ technology is growing rapidly than other inkjet technologies.
Arizton has recently published a report with title Coding and Marking Market – Global Outlook and Forecast 2017 – 2022. The report includes crucial information about the market such as market size and share of different segments, leading trends, drivers, restraints, and major regions. It also profiles the leading vendors in the coding and marking market their strategies, strength and key opportunities.
Analysts at Arizton say that continuous inkjet technology is likely to dominate the market during the forecast period. The analysts further add that the continuous inkjet coding and marking market will constitute approximately 40% of the market share during the forecast period.
Continuous Inkjet Market to constitute approximately 40% market share
CIJ coding technique is the most commonly used coding and marking one. This is mainly because the installation procedure is and easy user-friendly. The major advantage offered by this technology is high-speed printing and its "quick-dry" nature. The technology is extremely versatile and enables printing on virtually any surface. Advantages of this technology include fast speed of coding. Since this is a non-contact type of printing, even uneven surfaces could be printed upon. However, it has certain drawbacks such as overlapping coding. Also, sometimes small gaps between the dots can result in uneven coding. It is one of the oldest forms of coding, and the coding and marking market is steadily reaching toward saturation. Therefore, due to these factors, the CIJ segment is likely to lose a small part of its market share to other technologies during the forecast period. However, these can be overcome due to its easy availability and high penetration within the coding and marking market.
The Laser Coding and Marking Market Has the Second Highest Growth Rate
The main reason behind this is the advantage, which laser coding provides such as code permanence and clear codes. It has a high uptime due to low maintenance and operator intervention. Also, it helps maintaining a clean production environment. This is ensured by the presence of fume extractors in the system, which clear off any dust or fumes generated from the ablation process.
TIJ Technology Is Growing Rapidly Than Other Inkjet Technologies
TIJ is giving tough competition to both laser and CIJ techniques of coding and marking. The major advantage TIJ has over others is its ability to print on any type of surface. It costs less than laser, which further increases its acceptance among end-users. TIJ is effective for small workloads. This technology is flexible and can easily be integrated with production lines. It delivers fast high-resolution printing/coding/marking on products, which further increases its usability.
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