The global market for Magnetic Stripe Encoder was valued at US$ 1679 million in the year 2024 and is projected to reach a revised size of US$ 2574 million by 2031, growing at a CAGR of 6.3% during the forecast period.
A magnetic stripe encoder is a device used to program and write data to magnetic stripes on cards, such as credit cards, debit cards, identification cards, and other similar types of plastic cards. The magnetic stripe is composed of iron oxide particles that can be magnetized in a specific pattern to store data.
Magnetic stripe encoders are essential tools in the card issuance and management process, allowing businesses and organizations to create personalized cards with secure and encoded information for various applications.
North American market for Magnetic Stripe Encoder is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Magnetic Stripe Encoder is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Magnetic Stripe Encoder include Unitech Electronics, Pack-Smart Inc., Brush Industries, SHI International Corp., SCIVAS, IdentiSys Incorporated, Scanning Devices, Inc., Cherry Electrical Products, Neuron Electronics, Inc., Securetech Peripherals, Inc., etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Magnetic Stripe Encoder, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnetic Stripe Encoder.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Magnetic Stripe Encoder competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
The Magnetic Stripe Encoder market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Magnetic Stripe Encoder market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Magnetic Stripe Encoder manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
Unitech Electronics
Pack-Smart Inc.
Brush Industries
SHI International Corp.
SCIVAS
IdentiSys Incorporated
Scanning Devices, Inc.
Cherry Electrical Products
Neuron Electronics, Inc.
Securetech Peripherals, Inc.
Omron Electronic Components
Segment by Type
HiCo (High Coercivity)
LoCo (Low Coercivity)
Segment by Application
Financial Transactions
Identification
Access Control
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East and Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Magnetic Stripe Encoder manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Magnetic Stripe Encoder by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Magnetic Stripe Encoder in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Magnetic Stripe Encoder Market Overview
1.1 Product Definition
1.2 Magnetic Stripe Encoder by Type
1.2.1 Global Magnetic Stripe Encoder Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 HiCo (High Coercivity)
1.2.3 LoCo (Low Coercivity)
1.3 Magnetic Stripe Encoder by Application
1.3.1 Global Magnetic Stripe Encoder Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Financial Transactions
1.3.3 Identification
1.3.4 Access Control
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Magnetic Stripe Encoder Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Magnetic Stripe Encoder Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Magnetic Stripe Encoder Production Estimates and Forecasts (2020-2031)
1.4.4 Global Magnetic Stripe Encoder Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Magnetic Stripe Encoder Production Market Share by Manufacturers (2020-2025)
2.2 Global Magnetic Stripe Encoder Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Magnetic Stripe Encoder, Industry Ranking, 2023 VS 2024
2.4 Global Magnetic Stripe Encoder Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Magnetic Stripe Encoder Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Magnetic Stripe Encoder, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Magnetic Stripe Encoder, Product Offered and Application
2.8 Global Key Manufacturers of Magnetic Stripe Encoder, Date of Enter into This Industry
2.9 Magnetic Stripe Encoder Market Competitive Situation and Trends
2.9.1 Magnetic Stripe Encoder Market Concentration Rate
2.9.2 Global 5 and 10 Largest Magnetic Stripe Encoder Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Magnetic Stripe Encoder Production by Region
3.1 Global Magnetic Stripe Encoder Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Magnetic Stripe Encoder Production Value by Region (2020-2031)
3.2.1 Global Magnetic Stripe Encoder Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Magnetic Stripe Encoder by Region (2026-2031)
3.3 Global Magnetic Stripe Encoder Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Magnetic Stripe Encoder Production Volume by Region (2020-2031)
3.4.1 Global Magnetic Stripe Encoder Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Magnetic Stripe Encoder by Region (2026-2031)
3.5 Global Magnetic Stripe Encoder Market Price Analysis by Region (2020-2025)
3.6 Global Magnetic Stripe Encoder Production and Value, Year-over-Year Growth
3.6.1 North America Magnetic Stripe Encoder Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Magnetic Stripe Encoder Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Magnetic Stripe Encoder Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Magnetic Stripe Encoder Production Value Estimates and Forecasts (2020-2031)
4 Magnetic Stripe Encoder Consumption by Region
4.1 Global Magnetic Stripe Encoder Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Magnetic Stripe Encoder Consumption by Region (2020-2031)
4.2.1 Global Magnetic Stripe Encoder Consumption by Region (2020-2025)
4.2.2 Global Magnetic Stripe Encoder Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Magnetic Stripe Encoder Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Magnetic Stripe Encoder Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Magnetic Stripe Encoder Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Magnetic Stripe Encoder Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Magnetic Stripe Encoder Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Magnetic Stripe Encoder Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Magnetic Stripe Encoder Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Magnetic Stripe Encoder Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Magnetic Stripe Encoder Production by Type (2020-2031)
5.1.1 Global Magnetic Stripe Encoder Production by Type (2020-2025)
5.1.2 Global Magnetic Stripe Encoder Production by Type (2026-2031)
5.1.3 Global Magnetic Stripe Encoder Production Market Share by Type (2020-2031)
5.2 Global Magnetic Stripe Encoder Production Value by Type (2020-2031)
5.2.1 Global Magnetic Stripe Encoder Production Value by Type (2020-2025)
5.2.2 Global Magnetic Stripe Encoder Production Value by Type (2026-2031)
5.2.3 Global Magnetic Stripe Encoder Production Value Market Share by Type (2020-2031)
5.3 Global Magnetic Stripe Encoder Price by Type (2020-2031)
6 Segment by Application
6.1 Global Magnetic Stripe Encoder Production by Application (2020-2031)
6.1.1 Global Magnetic Stripe Encoder Production by Application (2020-2025)
6.1.2 Global Magnetic Stripe Encoder Production by Application (2026-2031)
6.1.3 Global Magnetic Stripe Encoder Production Market Share by Application (2020-2031)
6.2 Global Magnetic Stripe Encoder Production Value by Application (2020-2031)
6.2.1 Global Magnetic Stripe Encoder Production Value by Application (2020-2025)
6.2.2 Global Magnetic Stripe Encoder Production Value by Application (2026-2031)
6.2.3 Global Magnetic Stripe Encoder Production Value Market Share by Application (2020-2031)
6.3 Global Magnetic Stripe Encoder Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Unitech Electronics
7.1.1 Unitech Electronics Magnetic Stripe Encoder Company Information
7.1.2 Unitech Electronics Magnetic Stripe Encoder Product Portfolio
7.1.3 Unitech Electronics Magnetic Stripe Encoder Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Unitech Electronics Main Business and Markets Served
7.1.5 Unitech Electronics Recent Developments/Updates
7.2 Pack-Smart Inc.
7.2.1 Pack-Smart Inc. Magnetic Stripe Encoder Company Information
7.2.2 Pack-Smart Inc. Magnetic Stripe Encoder Product Portfolio
7.2.3 Pack-Smart Inc. Magnetic Stripe Encoder Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Pack-Smart Inc. Main Business and Markets Served
7.2.5 Pack-Smart Inc. Recent Developments/Updates
7.3 Brush Industries
7.3.1 Brush Industries Magnetic Stripe Encoder Company Information
7.3.2 Brush Industries Magnetic Stripe Encoder Product Portfolio
7.3.3 Brush Industries Magnetic Stripe Encoder Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Brush Industries Main Business and Markets Served
7.3.5 Brush Industries Recent Developments/Updates
7.4 SHI International Corp.
7.4.1 SHI International Corp. Magnetic Stripe Encoder Company Information
7.4.2 SHI International Corp. Magnetic Stripe Encoder Product Portfolio
7.4.3 SHI International Corp. Magnetic Stripe Encoder Production, Value, Price and Gross Margin (2020-2025)
7.4.4 SHI International Corp. Main Business and Markets Served
7.4.5 SHI International Corp. Recent Developments/Updates
7.5 SCIVAS
7.5.1 SCIVAS Magnetic Stripe Encoder Company Information
7.5.2 SCIVAS Magnetic Stripe Encoder Product Portfolio
7.5.3 SCIVAS Magnetic Stripe Encoder Production, Value, Price and Gross Margin (2020-2025)
7.5.4 SCIVAS Main Business and Markets Served
7.5.5 SCIVAS Recent Developments/Updates
7.6 IdentiSys Incorporated
7.6.1 IdentiSys Incorporated Magnetic Stripe Encoder Company Information
7.6.2 IdentiSys Incorporated Magnetic Stripe Encoder Product Portfolio
7.6.3 IdentiSys Incorporated Magnetic Stripe Encoder Production, Value, Price and Gross Margin (2020-2025)
7.6.4 IdentiSys Incorporated Main Business and Markets Served
7.6.5 IdentiSys Incorporated Recent Developments/Updates
7.7 Scanning Devices, Inc.
7.7.1 Scanning Devices, Inc. Magnetic Stripe Encoder Company Information
7.7.2 Scanning Devices, Inc. Magnetic Stripe Encoder Product Portfolio
7.7.3 Scanning Devices, Inc. Magnetic Stripe Encoder Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Scanning Devices, Inc. Main Business and Markets Served
7.7.5 Scanning Devices, Inc. Recent Developments/Updates
7.8 Cherry Electrical Products
7.8.1 Cherry Electrical Products Magnetic Stripe Encoder Company Information
7.8.2 Cherry Electrical Products Magnetic Stripe Encoder Product Portfolio
7.8.3 Cherry Electrical Products Magnetic Stripe Encoder Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Cherry Electrical Products Main Business and Markets Served
7.8.5 Cherry Electrical Products Recent Developments/Updates
7.9 Neuron Electronics, Inc.
7.9.1 Neuron Electronics, Inc. Magnetic Stripe Encoder Company Information
7.9.2 Neuron Electronics, Inc. Magnetic Stripe Encoder Product Portfolio
7.9.3 Neuron Electronics, Inc. Magnetic Stripe Encoder Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Neuron Electronics, Inc. Main Business and Markets Served
7.9.5 Neuron Electronics, Inc. Recent Developments/Updates
7.10 Securetech Peripherals, Inc.
7.10.1 Securetech Peripherals, Inc. Magnetic Stripe Encoder Company Information
7.10.2 Securetech Peripherals, Inc. Magnetic Stripe Encoder Product Portfolio
7.10.3 Securetech Peripherals, Inc. Magnetic Stripe Encoder Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Securetech Peripherals, Inc. Main Business and Markets Served
7.10.5 Securetech Peripherals, Inc. Recent Developments/Updates
7.11 Omron Electronic Components
7.11.1 Omron Electronic Components Magnetic Stripe Encoder Company Information
7.11.2 Omron Electronic Components Magnetic Stripe Encoder Product Portfolio
7.11.3 Omron Electronic Components Magnetic Stripe Encoder Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Omron Electronic Components Main Business and Markets Served
7.11.5 Omron Electronic Components Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Magnetic Stripe Encoder Industry Chain Analysis
8.2 Magnetic Stripe Encoder Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Magnetic Stripe Encoder Production Mode & Process Analysis
8.4 Magnetic Stripe Encoder Sales and Marketing
8.4.1 Magnetic Stripe Encoder Sales Channels
8.4.2 Magnetic Stripe Encoder Distributors
8.5 Magnetic Stripe Encoder Customer Analysis
9 Magnetic Stripe Encoder Market Dynamics
9.1 Magnetic Stripe Encoder Industry Trends
9.2 Magnetic Stripe Encoder Market Drivers
9.3 Magnetic Stripe Encoder Market Challenges
9.4 Magnetic Stripe Encoder Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Unitech Electronics
Pack-Smart Inc.
Brush Industries
SHI International Corp.
SCIVAS
IdentiSys Incorporated
Scanning Devices, Inc.
Cherry Electrical Products
Neuron Electronics, Inc.
Securetech Peripherals, Inc.
Omron Electronic Components
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*If Applicable.