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Thermal printing market set to reach $50.45 billion by 2023 according to new research report

Thermal printing market set to reach $50.45 billion by 2023 according to new research report

Thermal Printing Market Analysis 2017 is a premium research explores global Thermal Printing Market Size, Share, Manufacturers, sales and Industry Growth analysis to 2023. Report provides Thermal Printing Market particularly focusing on Thermal Printing Demand, Market Drivers, Challenges, Major trends, and value chain Analysis. Global Thermal Printing Market reaching $50.45 billion by 2023 at a CAGR of 5.00% by 2023.

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Inquire for this report of 178 pages including tables and figures with manufactures SWOT analysis at:  www.reportsnreports.com/contacts/.aspx?name=1241154

Report displays Thermal Printing market by Offering (Printer, Supplies), Printer Type (Barcode, POS, Kiosk & Ticket, RFID, and Card), Format Type (Industrial, Desktop, and Mobile), Printing Technology (DT, TT, and D2T2), Application and Geography.

Thermal Printing companies discussed in report:  Zebra Technologies(US), SATO Holdings (Japan), Epson (Japan), Star Micronics (Japan), Honeywell (US), Bixolon (South Korea), Fujitsu (Japan), Brother International (Japan), Toshiba TEC (Japan), TSC Auto ID (Taiwan).

Report presents the company profile, product specifications, capacity, production value, and market shares analysis from 2017 to 2023. The adoption of automatic identification and data capture (AIDC) technologies for improving the overall productivity of businesses major factor driving the growth of the thermal printing market.

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Major factor restraining the growth of thermal printing market includes heat settings of thermal barcode printers.

“The thermal printer market for RFID printers is expected to grow at the highest CAGR during the forecast period”

RFID printers are the fastest-growing segment in the thermal printer market based on printer type. The increasing demand for RFID-printed labels in the supply chain of the retail and healthcare industries is the main factor that is likely to contribute to the high growth of the market for RFID printers between 2017 and 2023.

“The thermal printer market for industrial format is expected to hold the largest share during the forecast period”

Industrial thermal printers are used in harsh environments, including the manufacturing industries having a huge demand for labels, receipts, and tags. The demand for industrial format printers is being driven by the increasing need for inventory management and rising adoption of these printers for tracking, recording, and storing the data related to goods or products in the manufacturing industry.

Some of the major manufacturers of industrial thermal printers are Zebra Technologies (US), Honeywell International (US), Wasp Barcode Technologies (US), and Postek Electronics (China), among others.

Report at: www.reportsnreports.com/contacts/r…spx?name=1241154

“The thermal printing market for healthcare and hospitality is expected to grow at the highest CAGR between 2017 and 2023”

Tags and labels play a major role in the healthcare industry, wherein they are used mainly for patient ID tracking, hospital admission, specimen/blood labeling, medication tracking, staff ID and access control, healthcare materials management, workflow automation, and other functions. In the hospitality industry, thermal printing is required to print admission tickets, loyalty cards, VIP passes, meal tickets, coupons, event wristbands, shuttle bus tickets, and other entertainment-related media.

Increasing awareness regarding health among growing population is the major driver for the growth the thermal printing in this application.

“Thermal printing market in APAC is expected to grow at the highest CAGR between 2017 and 2023”

APAC is one of the prospective markets for this technology. APAC leads the market for the retail application, in terms of size.

Moreover, APAC has the presence of retailers such as Seven & I Holdings Company, Isetan, Aeon Company, and Gome Electrical Appliances, which provide barcode and RFID printers to various industries. These factors are expected to boost the thermal printer market in APAC.

The Asian markets, mainly in Japan, India, and China, are more likely to lead the thermal printing market in the coming years in terms of technological adaptability and market size.

Report at: www.reportsnreports.com/.aspx?name=1241154

This report covers the thermal printing market based on offering, printer type, printer format, printing technology, application, and geography. A detailed analysis of the key industry players has been done to provide insights into their business, products and services, and key strategies including product launches and developments, mergers and acquisitions, partnerships, agreements, and collaborations associated with the thermal printing market.

List of Tables:

  • Table 1 Thermal Printing Market, By Offering, 2015–2023 (USD Billion)
  • Table 2 Thermal Printing Market, By Supplies, 2015–2023 (USD Billion)
  • Table 3 Thermal Printer Market, By Printer Type, 2015–2023 (USD Million)
  • Table 4 Thermal Printer Market, By Printer Type, 2015–2023 (Thousand Unit)
  • Table 5 Thermal Printer Market for Barcode Printers, By Application, 2015–2023 (USD Million)
  • Table 6 Thermal Printer Market for Barcode Printers, By Printing Technology, 2015–2023 (USD Million)
  • Table 7 Thermal Printer Market for Barcode Printers, By Region, 2015–2023 (USD Million)
  • Table 8 Thermal Printer Market for POS Printers, By Application, 2015–2023 (USD Million)
  • Table 9 Thermal Printer Market for POS Printers, By Printing Technology, 2015–2023 (USD Million)
  • Table 10 Thermal Printer Market for POS Printers, By Region, 2015–2023 (USD Million)
  • Table 11 Thermal Printer Market for Kiosk and Ticket Printers, By Application, 2015–2023 (USD Million)
  • Table 12 Thermal Printer Market for Kiosk and Ticket Printers, By Printing Technology, 2015–2023 (USD Million)
  • Table 13 Thermal Printer Market for Kiosk and Ticket Printers, By Region, 2015–2023 (USD Million)
  • Table 14 Thermal Printer Market for RFID Printers, By Application, 2015–2023 (USD Million)
  • Table 15 Thermal Printer Market for RFID Printers, By Printing Technology, 2015–2023 (USD Million)
  • Table 16 Thermal Printer Market for RFID Printers, By Region, 2015–2023 (USD Million)
  • Table 17 Thermal Printer Market for Card Printers, By Application, 2015–2023 (USD Million)
  • Table 18 Thermal Printer Market for Card Printers, By Printing Technology, 2015–2023 (USD Million)
  • Table 19 Thermal Printer Market for Card Printers, By Region, 2015–2023 (USD Million)
  • Table 20 Thermal Printer Market, By Format Type, 2015–2023 (USD Million)
  • Table 21 Thermal Printer Market for Industrial Format, By Application, 2015–2023 (USD Million)
  • Table 22 Thermal Printer Market for Industrial Format, By Region, 2015–2023 (USD Million)
  • Table 23 Thermal Printer Market for Desktop Format, By Application, 2015–2023 (USD Million)
  • Table 24 Thermal Printer Market for Desktop Format, By Region, 2015–2023 (USD Million)
  • Table 25 Thermal Printer Market for Mobile Format, By Application, 2015–2023 (USD Million)
  • Table 26 Thermal Printer Market for Mobile Format, By Region, 2015–2023 (USD Million)
  • Table 27 Comparison of Thermal Printing Technologies
  • Table 28 Thermal Printer Market, By Printing Technology, 2015–2023 (USD Million)
  • Table 29 Thermal Printer Market for Direct Thermal (DT), By Printer Type, 2015–2023 (USD Million)
  • Table 30 Thermal Printer Market for Thermal Transfer (TT), By Printer Type, 2015–2023 (USD Million)
  • Table 31 Thermal Printer Market for Dye Diffusion Thermal Transfer (D2T2), By Printer Type, 2015–2023 (USD Million)
  • Table 32 Thermal Printing Market, By Application, 2015–2023 (USD Billion)

 

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