Printing Machinery and Equipment Manufacturing comprises establishments primarily involved in manufacturing printing and bookbinding machinery and equipment, such as printing presses [offset printing presses (sheetfed presses, & webfed presses), flexo presses], & other presses, typesetting machinery, and bindery machinery.
The global printing machinery and equipment manufacturing market was valued at $25.4 billion in 2017. North America was the largest geographic region accounting for $8.29 billion or 32.65% of the global market. And the USA was the largest country accounting for $6.92 billion or 27.25% of the global printing machinery and equipment manufacturing market.
Printing machinery manufacturers are using industrial internet of things (IIoT) for faster production and delivery of industrial machinery to customers. IIoT is a technology in which sensors, computers, networks interact with their environment to generate data and improve industrial processes. IIoT streamlines the flow of information and enables real-time decisions. This leads to enhanced production efficiency, minimal machine breakdowns and lower manufacturing costs.
Companies Covered: Goss International, Heidelberg Printing Machinery Co, Komori, Manroland, KBA
Market segments Included: Typesetting Machinery; Printing Presses; Printing Trades Binding Machinery And Equipment; Others Printing Machinery And Equipment Manufacturing
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