Thermal Printing Market – Global Opportunities & Forecast, 2020-2027

 The market report by GMI Research offers a comprehensive breakdown of industry status and outlook of major regions based on key players and market segments. This report focuses on the market on a global basis, especially in the Asia-Pacific, North America, Europe, and the Rest of the World. The market report also studies the worldwide market competition landscape, market drivers, and trends, opportunities and challenges, risks and barriers, and other aspects of the market.

Thermal Printing Market Summary:

The major key drivers contributing to the growth of the thermal printing market size include the continuous technological advancements such as the introduction of smart printing technologies, which is leading to enhanced speed & quality, and the rising implantation of wireless technologies in mobile printers. Moreover, the accelerating adoption of thermal printing across various applications, including the healthcare & hospitality and retail sector, followed by the growing population & industrialization and rising penetration of thermal barcode & RFID printers in the supply chain and e-commerce industry will open new doors for the market growth.

The thermal printing technology provides numerous exceptional advantages such as improved printing speed, better image quality, and easy to use, suitable for the noise-free environment, enhanced efficiency, and increased durability as compared with the other printers. All these features will encourage consumers to opt for thermal printing technology in the coming years. In addition to this, the emergence of IoT technology in the printing applications and the rising adoption of automatic identification and data capture technologies will positively impact market growth. According to the thermal printing market report, the various issue related to the heat setting of thermal barcode printers and stringent regulations of printing around the world are certain factors that will hamper the growth of the market.

List of The Top Key Players in The Thermal Printing Market:

·         Honeywell International Inc.

·         Zebra Technologies

·         Star Micronics Co., Ltd.

·         Sato Holdings Corporation

·         Seiko Epson Corporation

·         Fujitsu Ltd.

·         Bixolon

·         Toshiba TEC Corporation

·         Brother Industries, Ltd.

·         TSC Auto ID Technology

Scope of The Thermal Printing Market:

The Thermal Printing Market is segmented by Offering, Printer Type, Format Type, Printing Technology, Application, and Region. The detailed segments and sub-segments of the market are explained below:

Segment by Offering:

·         Supplies

o   Thermal Transfer Supplies

o   Direct Thermal Supplies

o   Dye Diffusion Thermal Transfer Supplies

·         Printers

o   Components of Thermal Printers

o   Platens

o   Thermal heads

o   Springs

o   Controller boards

Segment by Printer Type:

·         POS Printers

Barcode Printers

·         RFID Printers

·         Kiosk & Ticket Printers

·         Card Printers

Segment by Format Type:

·         Desktop Format Printers

·         Industrial Format Printers

·         Mobile Format Printers

Segment by Printing Technology:

·         Thermal Transfer

·         Direct Thermal

·         Dye Diffusion Thermal Transfer

Segment by Application:

·         Transportation & Logistics

·         Retail

·         Manufacturing & Industrial

·         Government

·         Healthcare & Hospitality

·         Others

Segment by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

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