Global (United States, European Union and China) Magnetic Ink Character Recognition (MICR) Devices Market Research Report 2019-2025
Table of Contents
1 Report Overview
- 1.1 Research Scope
- 1.2 Major Manufacturers Covered in This Report
- 1.3 Market Segment by Type
- 1.3.1 Global Magnetic Ink Character Recognition (MICR) Devices Market Size Growth Rate by Type (2019-2025)
- 1.3.2 MICR Printing
- 1.3.3 Recognition Technology
- 1.4 Market Segment by Application
- 1.4.1 Global Magnetic Ink Character Recognition (MICR) Devices Market Share by Application (2019-2025)
- 1.4.2 Banks and Financial Institutes
- 1.4.3 Government Agencies
- 1.4.4 Business Organizations
- 1.4.5 Others (Retailers, etc.)
- 1.5 Study Objectives
- 1.6 Years Considered
2 Global Growth Trends
- 2.1 Production and Capacity Analysis
- 2.1.1 Global Magnetic Ink Character Recognition (MICR) Devices Production Value 2014-2025
- 2.1.2 Global Magnetic Ink Character Recognition (MICR) Devices Production 2014-2025
- 2.1.3 Global Magnetic Ink Character Recognition (MICR) Devices Capacity 2014-2025
- 2.1.4 Global Magnetic Ink Character Recognition (MICR) Devices Marketing Pricing and Trends
- 2.2 Key Producers Growth Rate (CAGR) 2019-2025
- 2.2.1 Global Magnetic Ink Character Recognition (MICR) Devices Market Size CAGR of Key Regions
- 2.2.2 Global Magnetic Ink Character Recognition (MICR) Devices Market Share of Key Regions
- 2.3 Industry Trends
- 2.3.1 Market Top Trends
- 2.3.2 Market Drivers
3 Market Share by Manufacturers
- 3.1 Capacity and Production by Manufacturers
- 3.1.1 Global Magnetic Ink Character Recognition (MICR) Devices Capacity by Manufacturers
- 3.1.2 Global Magnetic Ink Character Recognition (MICR) Devices Production by Manufacturers
- 3.2 Revenue by Manufacturers
- 3.2.1 Magnetic Ink Character Recognition (MICR) Devices Revenue by Manufacturers (2014-2019)
- 3.2.2 Magnetic Ink Character Recognition (MICR) Devices Revenue Share by Manufacturers (2014-2019)
- 3.2.3 Global Magnetic Ink Character Recognition (MICR) Devices Market Concentration Ratio (CR5 and HHI)
- 3.3 Magnetic Ink Character Recognition (MICR) Devices Price by Manufacturers
- 3.4 Key Manufacturers Magnetic Ink Character Recognition (MICR) Devices Plants/Factories Distribution and Area Served
- 3.5 Date of Key Manufacturers Enter into Magnetic Ink Character Recognition (MICR) Devices Market
- 3.6 Key Manufacturers Magnetic Ink Character Recognition (MICR) Devices Product Offered
- 3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
- 4.1 Production and Production Value for Each Type
- 4.1.1 MICR Printing Production and Production Value (2014-2019)
- 4.1.2 Recognition Technology Production and Production Value (2014-2019)
- 4.2 Global Magnetic Ink Character Recognition (MICR) Devices Production Market Share by Type
- 4.3 Global Magnetic Ink Character Recognition (MICR) Devices Production Value Market Share by Type
- 4.4 Magnetic Ink Character Recognition (MICR) Devices Ex-factory Price by Type
5 Market Size by Application
- 5.1 Overview
- 5.2 Global Magnetic Ink Character Recognition (MICR) Devices Consumption by Application
6 Production by Regions
- 6.1 Global Magnetic Ink Character Recognition (MICR) Devices Production (History Data) by Regions 2014-2019
- 6.2 Global Magnetic Ink Character Recognition (MICR) Devices Production Value (History Data) by Regions
- 6.3 United States
- 6.3.1 United States Magnetic Ink Character Recognition (MICR) Devices Production Growth Rate 2014-2019
- 6.3.2 United States Magnetic Ink Character Recognition (MICR) Devices Production Value Growth Rate 2014-2019
- 6.3.3 Key Players in United States
- 6.3.4 United States Magnetic Ink Character Recognition (MICR) Devices Import & Export
- 6.4 European Union
- 6.4.1 European Union Magnetic Ink Character Recognition (MICR) Devices Production Growth Rate 2014-2019
- 6.4.2 European Union Magnetic Ink Character Recognition (MICR) Devices Production Value Growth Rate 2014-2019
- 6.4.3 Key Players in European Union
- 6.4.4 European Union Magnetic Ink Character Recognition (MICR) Devices Import & Export
- 6.5 China
- 6.5.1 China Magnetic Ink Character Recognition (MICR) Devices Production Growth Rate 2014-2019
- 6.5.2 China Magnetic Ink Character Recognition (MICR) Devices Production Value Growth Rate 2014-2019
- 6.5.3 Key Players in China
- 6.5.4 China Magnetic Ink Character Recognition (MICR) Devices Import & Export
- 6.6 Rest of World
- 6.6.1 Japan
- 6.6.2 Korea
- 6.6.3 India
- 6.6.4 Southeast Asia
7 Magnetic Ink Character Recognition (MICR) Devices Consumption by Regions
- 7.1 Global Magnetic Ink Character Recognition (MICR) Devices Consumption (History Data) by Regions
- 7.2 United States
- 7.2.1 United States Magnetic Ink Character Recognition (MICR) Devices Consumption by Type
- 7.2.2 United States Magnetic Ink Character Recognition (MICR) Devices Consumption by Application
- 7.3 European Union
- 7.3.1 European Union Magnetic Ink Character Recognition (MICR) Devices Consumption by Type
- 7.3.2 European Union Magnetic Ink Character Recognition (MICR) Devices Consumption by Application
- 7.4 China
- 7.4.1 China Magnetic Ink Character Recognition (MICR) Devices Consumption by Type
- 7.4.2 China Magnetic Ink Character Recognition (MICR) Devices Consumption by Application
- 7.5 Rest of World
- 7.5.1 Rest of World Magnetic Ink Character Recognition (MICR) Devices Consumption by Type
- 7.5.2 Rest of World Magnetic Ink Character Recognition (MICR) Devices Consumption by Application
- 7.5.1 Japan
- 7.5.2 Korea
- 7.5.3 India
- 7.5.4 Southeast Asia
8 Company Profiles
- 8.1 ACOM Solutions
- 8.1.1 ACOM Solutions Company Details
- 8.1.2 Company Description and Business Overview
- 8.1.3 Production and Revenue of Magnetic Ink Character Recognition (MICR) Devices
- 8.1.4 Magnetic Ink Character Recognition (MICR) Devices Product Introduction
- 8.1.5 ACOM Solutions Recent Development
- 8.2 Canon
- 8.2.1 Canon Company Details
- 8.2.2 Company Description and Business Overview
- 8.2.3 Production and Revenue of Magnetic Ink Character Recognition (MICR) Devices
- 8.2.4 Magnetic Ink Character Recognition (MICR) Devices Product Introduction
- 8.2.5 Canon Recent Development
- 8.3 Hewlett Packard Company
- 8.3.1 Hewlett Packard Company Company Details
- 8.3.2 Company Description and Business Overview
- 8.3.3 Production and Revenue of Magnetic Ink Character Recognition (MICR) Devices
- 8.3.4 Magnetic Ink Character Recognition (MICR) Devices Product Introduction
- 8.3.5 Hewlett Packard Company Recent Development
- 8.4 Epson
- 8.4.1 Epson Company Details
- 8.4.2 Company Description and Business Overview
- 8.4.3 Production and Revenue of Magnetic Ink Character Recognition (MICR) Devices
- 8.4.4 Magnetic Ink Character Recognition (MICR) Devices Product Introduction
- 8.4.5 Epson Recent Development
- 8.5 Murni Solusindo Nusantara
- 8.5.1 Murni Solusindo Nusantara Company Details
- 8.5.2 Company Description and Business Overview
- 8.5.3 Production and Revenue of Magnetic Ink Character Recognition (MICR) Devices
- 8.5.4 Magnetic Ink Character Recognition (MICR) Devices Product Introduction
- 8.5.5 Murni Solusindo Nusantara Recent Development
- 8.6 MagTek
- 8.6.1 MagTek Company Details
- 8.6.2 Company Description and Business Overview
- 8.6.3 Production and Revenue of Magnetic Ink Character Recognition (MICR) Devices
- 8.6.4 Magnetic Ink Character Recognition (MICR) Devices Product Introduction
- 8.6.5 MagTek Recent Development
- 8.7 Rosetta Technologies
- 8.7.1 Rosetta Technologies Company Details
- 8.7.2 Company Description and Business Overview
- 8.7.3 Production and Revenue of Magnetic Ink Character Recognition (MICR) Devices
- 8.7.4 Magnetic Ink Character Recognition (MICR) Devices Product Introduction
- 8.7.5 Rosetta Technologies Recent Development
- 8.8 Source Technologies
- 8.8.1 Source Technologies Company Details
- 8.8.2 Company Description and Business Overview
- 8.8.3 Production and Revenue of Magnetic Ink Character Recognition (MICR) Devices
- 8.8.4 Magnetic Ink Character Recognition (MICR) Devices Product Introduction
- 8.8.5 Source Technologies Recent Development
- 8.9 Troy Group
- 8.9.1 Troy Group Company Details
- 8.9.2 Company Description and Business Overview
- 8.9.3 Production and Revenue of Magnetic Ink Character Recognition (MICR) Devices
- 8.9.4 Magnetic Ink Character Recognition (MICR) Devices Product Introduction
- 8.9.5 Troy Group Recent Development
- 8.10 Xerox Corporation
- 8.10.1 Xerox Corporation Company Details
- 8.10.2 Company Description and Business Overview
- 8.10.3 Production and Revenue of Magnetic Ink Character Recognition (MICR) Devices
- 8.10.4 Magnetic Ink Character Recognition (MICR) Devices Product Introduction
- 8.10.5 Xerox Corporation Recent Development
- 8.11 Uniform Industrial Corporation
- 8.12 ZIH Corp.
9 Market Forecast
- 9.1 Global Market Size Forecast
- 9.1.1 Global Magnetic Ink Character Recognition (MICR) Devices Capacity, Production Forecast 2019-2025
- 9.1.2 Global Magnetic Ink Character Recognition (MICR) Devices Production Value Forecast 2019-2025
- 9.2 Market Forecast by Regions
- 9.2.1 Global Magnetic Ink Character Recognition (MICR) Devices Production and Value Forecast by Regions 2019-2025
- 9.2.2 Global Magnetic Ink Character Recognition (MICR) Devices Consumption Forecast by Regions 2019-2025
- 9.3 United States
- 9.3.1 Production and Value Forecast in United States
- 9.3.2 Consumption Forecast in United States
- 9.4 European Union
- 9.4.1 Production and Value Forecast in European Union
- 9.4.2 Consumption Forecast in European Union
- 9.5 China
- 9.5.1 Production and Value Forecast in China
- 9.5.2 Consumption Forecast in China
- 9.6 Rest of World
- 9.6.1 Japan
- 9.6.2 Korea
- 9.6.3 India
- 9.6.4 Southeast Asia
- 9.7 Forecast by Type
- 9.7.1 Global Magnetic Ink Character Recognition (MICR) Devices Production Forecast by Type
- 9.7.2 Global Magnetic Ink Character Recognition (MICR) Devices Production Value Forecast by Type
- 9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
- 10.1 Value Chain Analysis
- 10.2 Sales Channels Analysis
- 10.2.1 Magnetic Ink Character Recognition (MICR) Devices Sales Channels
- 10.2.2 Magnetic Ink Character Recognition (MICR) Devices Distributors
- 10.3 Magnetic Ink Character Recognition (MICR) Devices Customers
11 Opportunities & Challenges, Threat and Affecting Factors
- 11.1 Market Opportunities
- 11.2 Market Challenges
- 11.3 Porter's Five Forces Analysis
12 Key Findings
13 Appendix
- 13.1 Research Methodology
- 13.1.1 Methodology/Research Approach
- 13.1.1.1 Research Programs/Design
- 13.1.1.2 Market Size Estimation
- 13.1.1.3 Market Breakdown and Data Triangulation
- 13.1.2 Data Source
- 13.1.2.1 Secondary Sources
- 13.1.2.2 Primary Sources
- 13.1.1 Methodology/Research Approach
- 13.2 Author Details
Magnetic ink character recognition devices enables MICR readers to read and scan the information directly into a data-collection device. In addition, documents printed with MICR technology remain readable, even though over stamping, mutilation and marking.
Magnetic ink character recognition devices market is bifurcated by technology and end-user. By technology, global MICR devices market is categorized into MICR printing and recognition technology. The MICR printing technology is further segmented into ribbon encoding and non-impact MICR printing. Furthermore, the recognition technology is further cross-segmented into waveform readers, matrix readers, dual magnetic reader and hybrid device. Based on end-user, global MICR devices market is categorized into banks and financial institutes, government agencies, business organizations and others such as retail, transportation and healthcare.
In 2019, the market size of Magnetic Ink Character Recognition (MICR) Devices is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Magnetic Ink Character Recognition (MICR) Devices.
This report studies the global market size of Magnetic Ink Character Recognition (MICR) Devices, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Magnetic Ink Character Recognition (MICR) Devices production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
ACOM Solutions
Canon
Hewlett Packard Company
Epson
Murni Solusindo Nusantara
MagTek
Rosetta Technologies
Source Technologies
Troy Group
Xerox Corporation
Uniform Industrial Corporation
ZIH Corp.
Market Segment by Product Type
MICR Printing
Recognition Technology
Market Segment by Application
Banks and Financial Institutes
Government Agencies
Business Organizations
Others (Retailers, etc.)
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Magnetic Ink Character Recognition (MICR) Devices status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Magnetic Ink Character Recognition (MICR) Devices manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Magnetic Ink Character Recognition (MICR) Devices are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025