In 2022, the pin-marking machine market is anticipated to be valued at US$ 618 Million. The demand for pin marking machines is predicted to expand at a gradual rate to reach US$ 987 Million by 2032, at a CAGR of 4.8% through 2032.
The demand for a pin marking machine is estimated to have a higher potential as it works by permanently imprinting the product's identifying information onto its parts. Furthermore, pin marking on various metal and plastic parts produces quick and high-performance dots, which are visible for the duration of a product's life cycle.
Businesses involved in the pin marking machine market are becoming more actively involved in launching strategies like targeted marketing campaigns, CSR initiatives, etc. to increase their visibility on a worldwide scale.
The fact that these businesses now want to manage a certain business-related activity in a nation that offers advantageous legislation is a clearly discernible pin-marking machine market trend that is being noticed across the board.
| Report Attribute | Details |
|---|---|
| Pin Marking Machine Market Value (2022) | US$ 618 Million |
| Pin Marking Machine Market Anticipated Value (2032) | US$ 987 Million |
| Pin Marking Machine Market Projected Growth Rate (2022 to 2032) | 4.8% |
Demand for pin-marking machines is expected to increase due to industrial companies' increased embrace of new technologies for the automation of production lines. However, the growth is still sluggish.
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Demand for pin marking machine is increasing, as it is so effectively used to emboss serial numbers and batch numbers on various parts of vehicles.
Additionally, using pin marking machines on automotive components prevents vehicle theft, as the embossed writing cannot be overwritten or altered. Such a nature of the pin marking machine holds the potential to be a driving force behind the expansion of the global market for pin marking machines.
While manufacturers working with metals suffer from corrosion, the demand for pin marking machines is likely to remain high owing to their characteristics to offer deeper and smoother imprints with the least turnaround time possible; especially for the agricultural and aerospace industries.
The demand for pin-marking machines has grown significantly in the electronics industry, given the surge in the use of chips for modern devices. There has been an evident rise in the number of chips set up with a pin-marking machine that offers a unique identification of each chip to match the manufacturing series.
Another key driver influencing the pin marking machine market size is the use of the product for different metals-including iron, brass, plastic, and copper.
Besides the electronic industry, the construction and the logistical industries use the process of pin manufacturing to set up a permanent identification of their products. However, some of the sectors-automotive and manufacturing-have been gradually scrambling towards laser marking to realize the same goals, which is likely to limit opportunities for the pin marking machine market during the forecast period.
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It is predicted that developed markets for pin marking machines, including North America and Western Europe, are expanding at a significant CAGR over the projection period.
During the forecast for the global pin marking machine market, Asia-Pacific is anticipated to develop at a high CAGR, owing to the recent rise in industrialization and an expansion in car production facilities. In addition to this, the rapid expansion of the electronic industry in India and China is likely to unlock new doors of expansion for the pin marking machine market during the forecast period.
North America is anticipated to hold a pin-marking machine market share of 16% by the end of 2022.
The United States Department of Defense, which has regulated the use of the visible mark on tangible goods in combination with the unique item identifier, is responsible for promoting the demand for the pin-marking machine, which is likely to uphold the position of the regional market during the forecast period.
Europe is the fastest-growing region in the market, with a share of 21% in 2022.
One of the key factors driving opportunities for the sales of the pin-marking machine is the establishment of multiple car manufacturing facilities in Germany. The demand for the pin-marking machine is likely to remain high in the Western European region through 2032.
Doors of opportunities open wide for the pin marking machine market during the forecast period as demand has been rising from different industries such as automotive, construction, electronics, and others. In addition to this, new businesses are sensing the profitable opportunities available in the market and are gradually trying to leap over the entry barriers in the end-use industries of the pin-marking machine market. These are also concentrating on new business models and technical advancement, thereby governing the demand for pin-marking machines.
In order to increase their separate customer bases, a number of key participants in the global pin-marking machine market are now concentrating more on forming successful joint ventures, acquisitions, and/or partnerships. By being able to serve their assigned target bases-both domestically and abroad-companies stay abreast to improving their global position
In order to increase the sales of pin-marking machines, key participants have introduced new products. The market participants are also focusing on boosting investments in order to bring the best product and gain a competitive edge.
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| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4.8% from 2022 to 2032 |
| Base Year for Estimation | 2022 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in US$ Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
The pin-marking machine market is projected to have a CAGR of 4.8% through 2032.
Europe is the fastest-growing pin-marking machine market, with a share of 21% in 2022.
The pin-marking machine market is expected to reach US$ 987 Million by 2032.
1. Executive Summary | Pin Marking Machine Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and Their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyers
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2017 to 2021
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Type, 2017 to 2021
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Type, 2022 to 2032
5.3.1. Single Pin Marking
5.3.2. Dual Pin Marking
5.3.3. Multiple Pin Marking
5.4. Y-o-Y Growth Trend Analysis By Type, 2017 to 2021
5.5. Absolute Opportunity Analysis By Type, 2022 to 2032
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By System
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By System, 2017 to 2021
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By System, 2022 to 2032
6.3.1. Hand-Held System
6.3.2. Bench-Top System
6.3.3. Integration System
6.3.4. Combo System
6.4. Y-o-Y Growth Trend Analysis By System, 2017 to 2021
6.5. Absolute Opportunity Analysis By System, 2022 to 2032
7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Technology
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Technology, 2017 to 2021
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Technology, 2022 to 2032
7.3.1. Pneumatic
7.3.2. Electromagnetic
7.4. Y-o-Y Growth Trend Analysis By Technology, 2017 to 2021
7.5. Absolute Opportunity Analysis By Technology, 2022 to 2032
8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2017 to 2021
8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2022 to 2032
8.3.1. Automotive
8.3.2. Electronics
8.3.3. Aerospace
8.3.4. Oil & Gas
8.3.5. Agriculture Machinery
8.4. Y-o-Y Growth Trend Analysis By End Use, 2017 to 2021
8.5. Absolute Opportunity Analysis By End Use, 2022 to 2032
9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2017 to 2021
9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2022 to 2032
9.3.1. North America
9.3.2. Latin America
9.3.3. Europe
9.3.4. Asia Pacific
9.3.5. Middle East and Africa
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. United States of America
10.2.1.2. Canada
10.2.2. By Type
10.2.3. By System
10.2.4. By Technology
10.2.5. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Type
10.3.3. By System
10.3.4. By Technology
10.3.5. By End Use
10.4. Key Takeaways
11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Rest of Latin America
11.2.2. By Type
11.2.3. By System
11.2.4. By Technology
11.2.5. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Type
11.3.3. By System
11.3.4. By Technology
11.3.5. By End Use
11.4. Key Takeaways
12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. United Kingdom
12.2.1.3. France
12.2.1.4. Spain
12.2.1.5. Italy
12.2.1.6. Rest of Europe
12.2.2. By Type
12.2.3. By System
12.2.4. By Technology
12.2.5. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By System
12.3.4. By Technology
12.3.5. By End Use
12.4. Key Takeaways
13. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.1.4. Malaysia
13.2.1.5. Singapore
13.2.1.6. Australia
13.2.1.7. New Zealand
13.2.1.8. Rest of Asia-Pacific (APAC)
13.2.2. By Type
13.2.3. By System
13.2.4. By Technology
13.2.5. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Type
13.3.3. By System
13.3.4. By Technology
13.3.5. By End Use
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of Middle East and Africa
14.2.2. By Type
14.2.3. By System
14.2.4. By Technology
14.2.5. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Type
14.3.3. By System
14.3.4. By Technology
14.3.5. By End Use
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. United States of America
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2021
15.1.2.1. By Type
15.1.2.2. By System
15.1.2.3. By Technology
15.1.2.4. By End Use
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2021
15.2.2.1. By Type
15.2.2.2. By System
15.2.2.3. By Technology
15.2.2.4. By End Use
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2021
15.3.2.1. By Type
15.3.2.2. By System
15.3.2.3. By Technology
15.3.2.4. By End Use
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2021
15.4.2.1. By Type
15.4.2.2. By System
15.4.2.3. By Technology
15.4.2.4. By End Use
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2021
15.5.2.1. By Type
15.5.2.2. By System
15.5.2.3. By Technology
15.5.2.4. By End Use
15.6. United Kingdom
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2021
15.6.2.1. By Type
15.6.2.2. By System
15.6.2.3. By Technology
15.6.2.4. By End Use
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2021
15.7.2.1. By Type
15.7.2.2. By System
15.7.2.3. By Technology
15.7.2.4. By End Use
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2021
15.8.2.1. By Type
15.8.2.2. By System
15.8.2.3. By Technology
15.8.2.4. By End Use
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2021
15.9.2.1. By Type
15.9.2.2. By System
15.9.2.3. By Technology
15.9.2.4. By End Use
15.10. China
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2021
15.10.2.1. By Type
15.10.2.2. By System
15.10.2.3. By Technology
15.10.2.4. By End Use
15.11. Japan
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2021
15.11.2.1. By Type
15.11.2.2. By System
15.11.2.3. By Technology
15.11.2.4. By End Use
15.12. South Korea
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2021
15.12.2.1. By Type
15.12.2.2. By System
15.12.2.3. By Technology
15.12.2.4. By End Use
15.13. Malaysia
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2021
15.13.2.1. By Type
15.13.2.2. By System
15.13.2.3. By Technology
15.13.2.4. By End Use
15.14. Singapore
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2021
15.14.2.1. By Type
15.14.2.2. By System
15.14.2.3. By Technology
15.14.2.4. By End Use
15.15. Australia
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2021
15.15.2.1. By Type
15.15.2.2. By System
15.15.2.3. By Technology
15.15.2.4. By End Use
15.16. New Zealand
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2021
15.16.2.1. By Type
15.16.2.2. By System
15.16.2.3. By Technology
15.16.2.4. By End Use
15.17. GCC Countries
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2021
15.17.2.1. By Type
15.17.2.2. By System
15.17.2.3. By Technology
15.17.2.4. By End Use
15.18. South Africa
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2021
15.18.2.1. By Type
15.18.2.2. By System
15.18.2.3. By Technology
15.18.2.4. By End Use
15.19. Israel
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2021
15.19.2.1. By Type
15.19.2.2. By System
15.19.2.3. By Technology
15.19.2.4. By End Use
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Type
16.3.3. By System
16.3.4. By Technology
16.3.5. By End Use
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Kwik Mark Inc.
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. Mecco Partners LLC
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Gravotech Group
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. SIC Marking, Inc.
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. Telesis Technologies, Inc.
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Gravotech Engineering PVT Ltd
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. Edward Pryor & Son Ltd
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. Ostling Marking Systems (SEA) Pte. Ltd.
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. Pannier Corporation
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. Nichol Industries Pty Ltd.
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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Pin Marking Machine Market
