Market Overview:
The global electronic die cutting machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electronic die cutting machines from various end-use industries, such as home use, school & professional use. In addition, the growing popularity of online shopping is also contributing to the growth of this market. Based on type, the global electronic die cutting machines market can be segmented into two categories: no built-in Bluetooth type and built-in Bluetooth type. The no built-in Bluetooth type segment is expected to account for a larger share of the global market than the built-in Bluetooth type segment during the forecast period.
Product Definition:
An electronic die cutting machine is a computer-controlled device used to cut paper and other thin materials using a sharp blade. The blades are mounted on a carriage that moves back and forth across the material being cut.
No Built-in Bluetooth Type:
No built-in Bluetooth is a wireless technology incorporated in mobile phones and other electronic devices. It allows the connection of such devices with personal computers without using cables. The technology has been around for more than five years but it has only recently started to gain widespread acceptance among consumers, corporations, and manufacturers.
Built-in Bluetooth Type:
The built-in Bluetooth type is a wireless technology used in mobile phones and other electronic devices. It allows the connection of such devices with personal computers or peripherals like printers, scanners, speakers, headsets and microphones. The technology also provides seamless connectivity between these peripherals/devices and enables audio streaming from one device to another.
Application Insights:
The school and professional use segment dominated the global market in 2017. This is attributed to the rising number of die cutters being used in educational institutes, offices and other commercial places. The home use segment is expected to witness a lucrative CAGR over the forecast period owing to increasing demand for customized products by consumers, especially for birthdays and weddings.
The customised die cutting machines are increasingly being used at homes as they offer flexibility in designing products that best suit consumer requirements. Moreover, growing e-commerce industry has led to an increased number of product customizations which have further propelled demand for these machines across homes worldwide. Die cutters can be easily attached with various electronic devices such as refrigerators, microwave ovens or hobs using magnetic strips or adhesive tapes which makes it convenient for users at homes too. These factors are anticipated to drive growth over the coming years too.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing demand for die cutting machines with Bluetooth connectivity and advanced features such as touch screen, among others. Europe accounted for a significant share of revenue in 2017 owing to high product penetration and growing demand from small & medium enterprises (SMEs). Asia Pacific is projected to register the highest CAGR over the forecast period due to rising disposable income, expanding retail sector, improving standard of living, and increasing adoption of technology by manufacturers/suppliers operating in this region. Moreover Diebold Inc.
Growth Factors:
- Increasing demand for customized and innovative products: The global market for electronic die cutting machines is expected to grow at a CAGR of more than 5% during the forecast period. This can be attributed to the increasing demand for customized and innovative products from consumers across the globe.
- Rising trend of online shopping: The growth of online shopping is another major factor that is expected to drive the market for electronic die cutting machines during the forecast period. This can be attributed to the growing preference of consumers for buying goods and services online, owing to various benefits such as convenience, affordability, and wide product selection.
- Proliferation of e-commerce platforms: Another key factor that is expected to fuel the growth of this market in coming years is proliferation of e-commerce platforms across different regions worldwide. These platforms are providing a convenient platform for buyers and sellers alike, thereby aiding in driving sales growth opportunities for vendors operating in this space.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Die Cutting Machines Market Research Report
By Type
No Built-in Bluetooth Type, Built-in Bluetooth Type
By Application
Home Use, School & Professional Use
By Companies
Cricut, Brother, Silhouette, Sizzix, Crafter's Companion, Silver Bullet, Pazzles, Craftwell, KNK, AccuCut, Cricut
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Die Cutting Machines Market Report Segments:
The global Electronic Die Cutting Machines market is segmented on the basis of:
Types
No Built-in Bluetooth Type, Built-in Bluetooth Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, School & Professional Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cricut
- Brother
- Silhouette
- Sizzix
- Crafter's Companion
- Silver Bullet
- Pazzles
- Craftwell
- KNK
- AccuCut
- Cricut
Highlights of The Electronic Die Cutting Machines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- No Built-in Bluetooth Type
- Built-in Bluetooth Type
- By Application:
- Home Use
- School & Professional Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Die Cutting Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electronic die cutting machines are used to cut out shapes and patterns from a variety of materials, including paper, plastic, and fabric. They use a series of small blades to cut through the material quickly and easily.
Some of the major companies in the electronic die cutting machines market are Cricut, Brother, Silhouette, Sizzix, Crafter's Companion, Silver Bullet, Pazzles, Craftwell, KNK, AccuCut, Cricut.
The electronic die cutting machines market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Die Cutting Machines Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Electronic Die Cutting Machines Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electronic Die Cutting Machines Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Electronic Die Cutting Machines Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Electronic Die Cutting Machines Market Size & Forecast, 2018-2028 4.5.1 Electronic Die Cutting Machines Market Size and Y-o-Y Growth 4.5.2 Electronic Die Cutting Machines Market Absolute $ Opportunity
Chapter 5 Global Electronic Die Cutting Machines Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Die Cutting Machines Market Size Forecast by Type
5.2.1 No Built-in Bluetooth Type
5.2.2 Built-in Bluetooth Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Die Cutting Machines Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Die Cutting Machines Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 School & Professional Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Die Cutting Machines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Die Cutting Machines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Die Cutting Machines Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Die Cutting Machines Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Die Cutting Machines Market Size Forecast by Type
9.6.1 No Built-in Bluetooth Type
9.6.2 Built-in Bluetooth Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Die Cutting Machines Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 School & Professional Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Die Cutting Machines Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Die Cutting Machines Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Die Cutting Machines Market Size Forecast by Type
10.6.1 No Built-in Bluetooth Type
10.6.2 Built-in Bluetooth Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Die Cutting Machines Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 School & Professional Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Die Cutting Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Die Cutting Machines Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Die Cutting Machines Market Size Forecast by Type
11.6.1 No Built-in Bluetooth Type
11.6.2 Built-in Bluetooth Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Die Cutting Machines Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 School & Professional Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Die Cutting Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Die Cutting Machines Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Die Cutting Machines Market Size Forecast by Type
12.6.1 No Built-in Bluetooth Type
12.6.2 Built-in Bluetooth Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Die Cutting Machines Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 School & Professional Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Die Cutting Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Die Cutting Machines Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Die Cutting Machines Market Size Forecast by Type
13.6.1 No Built-in Bluetooth Type
13.6.2 Built-in Bluetooth Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Die Cutting Machines Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 School & Professional Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Die Cutting Machines Market: Competitive Dashboard
14.2 Global Electronic Die Cutting Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cricut
14.3.2 Brother
14.3.3 Silhouette
14.3.4 Sizzix
14.3.5 Crafter's Companion
14.3.6 Silver Bullet
14.3.7 Pazzles
14.3.8 Craftwell
14.3.9 KNK
14.3.10 AccuCut
14.3.11 Cricut