DUBLIN, Feb. 24, 2023 /PRNewswire/ – The report “Thermal Printing Market Forecasts From 2022 to 2027” has been added ResearchAndMarkets.com’s offering.
Thermal printing is expected to grow at a compound annual growth rate of 4.98% in the forecast period. This figure comes from an estimate of US$30.231 trillion 2020: A market size of US$42.494 Billion 2027
Thermal printers are a cutting-edge printing technology that uses heat to print images or text on thermal paper. Global thermal printing is experiencing rapid growth due to the demand for reliable and durable thermal printers for printing in difficult conditions and large quantities.
To increase market growth, expand the use of thermal printing in different industries
This market’s growth is primarily driven by the increasing use of thermal printers in a range of industries, such as healthcare, banking, manufacturing and other. The demand for these printers is also influenced by the growth in printing applications. These include an increasing population, rising disposable incomes, rapid industrialization, and a growing population. Thermal printers’ adoption will result in a lower cost of maintenance. This will lead to a higher demand.
The retail sector’s use of thermal printers is one of the most important factors influencing the market. Thermal printing solutions are often used at POS points in retail shops to enhance customer experience. These solutions provide faster printing speeds than traditional impact printers. Due to their cost-effectiveness, thermal printing solutions are growing in popularity.
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According to type, there are two types of thermal printing: thermal transfer printing and direct thermal print.
The thermal printing market can be segmented by application into barcode labels (labeling), kiosks, or other segments. Cast polymers were primarily used for the construction of public utilities such as schools, hospitals and transportation hubs serving the nonresidential sector.
According to end-use, the market for thermal printing is divided into four segments: retail, transportation and manufacturing; healthcare; government security; and others. Healthcare holds a large share because it prints labels and tags that improve patient flow, bed utilization, allocation, and other factors. Smart labels allow for the immediate tracking of patients and medical equipment.
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- Direct Thermal Printing
- Thermo Transfer Printing
- Barcode labels
- North America
- South America
- United Kingdom
- Middle East Africa
- Saudi Arabia
- Asia Pacific
- South Korea
The following are the key topics covered:
1.1. Market Overview
1.2. COVID-19 Scenario
1.3. Market Definition
1.4. Segmentation of the Market
2.1. Research Data
3.1. Research Highlights
4.1. Market drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.3. Threat from new entrants
4.3.4. Threat of Substitutes
4.4. Industry Value Chain Analysis
THERMAL PRINTING MARKET ANALYSIS, BY TYPE
5.1. Direct Thermal Printing
5.2. Thermal Transfer Printing
THERMAL PRINTING MARKET ANALYSIS, BY APPLICATION
6.1. Barcode labels
THERMAL PRINTING, MARKET ANALYSIS – BY ENDUSER INDUSTRY
THERMAL PRINTING MARKET ANALYSIS, BY GEOGRAPHY
8.2. North America
8.3. South America
8.4.3. United Kingdom
8.5. Middle East Africa
8.5.1. Saudi Arabia
8.6. Asia Pacific
8.6.4. South Korea
9.1. Major Players and Strategy Analysis
9.4. Vendor Competitiveness Matrix
- Axiohm, Part of the TXCOM Group
- Bixolon Co., Ltd.
- TSC Auto ID Technology Co. Ltd.
- Zebra Technologies Corporation
- Honeywell International Inc
- HP Development Company L.P
- Seiko Instruments GmbH
- SATO Holdings Corporation
- Citizen Systems Europe GmbH
- TOSHIBA CORPORATION
For more information about this report visit https://www.researchandmarkets.com/r/7edmrg-printing?w=5
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SOURCE Research and Markets