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Thermal Printing Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Thermal Printing Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

  • July 2018
  • 100 pages
  • ID: 5483568
  • Format: PDF
  • Infinium
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Table of Contents

The report on global thermal printing market provides qualitative and quantitative analysis for the period of 2016 to 2024.

The report predicts the global thermal printing market to grow with a CAGR of 4.5% over the forecast period of 2018-2024. The study on thermal printing market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
The thermal printing is a digital printing process that is used to print the image on the paper by selectively heating coated thermochromic paper, or thermal paper. The paper used in the thermal printing is coated with the material that changes its color when the heat is applied. In terms of quality, speed and technological advancements, the thermal printing (or printers) offers various benefits over the other printing technologies such as Offset, Letterpress and so on which increase its popularity among the consumers. The thermal printers operates on the combination of two different technologies direct thermal and thermal transfer. Thermal printers are faster and effective then the dot matrix printers, so now-a-days they are used in various applications such as banking, airline, healthcare and so on.
Thermal printing has several benefits such as Low maintenance cost, easy printing ability, faster speed that is creates the demand of thermal printing worldwide. The various industries are focusing on the Productivity Improvements that leads to rapidly growing adoption of Automatic Identification and Data Capture (AIDC) Technologies that helps to drives the thermal printer across the world. In addition, rising use of thermal printers for various printing applications and the growing use of wireless technologies for the mobile printers are likely to boost the market growth. The growing E-commerce industry anticipated to escalate the growth of thermal printers over the forecast period.
Barcodes are the important integral to various automate systems. The thermal printing is not effective for the barcodes printing as it gives the poor quality image that may hamper the market growth of thermal printing. Furthermore, adoption of thermal printing technology in various application such as retail, airline, banking, and entertainment and healthcare industry is rising rapidly is likely to boost the demand of thermal printing market. Moreover, the ongoing research for technological advance in thermal printing technology to improve the quality of image is likely to create more opportunities for the companies work in thermal imaging.
Geographically, North America dominates the market of thermal printing owing to the vast use of thermal printing in various application such as retail, packaging, transportation, logistics applications and others. The Asia-pacific is the fastest growing region in the thermal printing market on account of increase adoption of thermal printers in various end-use industries.

The report on thermal printing market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global thermal printing market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter’s five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global thermal printing market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology

A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global thermal printing market is segmented on the basis of printer type, format type and application.

Global Thermal Printing Market by Printer Type
- Kiosk And Ticket Printers
- Card Printers
- RFID Printers
- Barcode Printers
- Point Of Sale (POS) Printers
Global Thermal Printing Market by Format Type
- Industrial Format
- Mobile Format
- Desktop Format
Global Thermal Printing Market by Application
- Manufacturing And Industrial
- Government
- Retail
- Transportation And Logistics
- Healthcare And Hospitality
- Others

Company Profiles
- Epson
- Bixolon
- Fujitsu
- SATO Holdings
- Honeywell
- Zebra Technologies
- Toshiba TEC
- TSC Auto ID
- Brother International
- Star Micronics

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of thermal printing market.
2. Complete coverage of all the segments in thermal printing market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global thermal printing market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

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