Thermal Printing Market: An Overview
Thermal printing is a type of digital printing that creates an image when a thermal paper is heated. The presence of chemicals on the thermal paper tends to produce the required image when printed on a thermal printer market. The need for thermal printing is due to its low maintenance cost, easy printing ability, and ease to recycle printed thermal papers. The papers printed from thermal printing can be easily recycled because of the short life of chemical coating on these papers. The images last for a few days after which they disappear making the papers to be reused again. Thermal printing provides fast printing and high quality of image, making it correctly readable. Printers used in thermal printing are lightweight, durable, and easy to use. Thermal printing is cost effective and delivers the product at high speed and with great quality. It is used in industries for printing receipts, bills, lottery tickets, and other labels. Thermal printing is used for various applications in hospitality, healthcare, transportation, logistics, and retail. Thermal printing minimizes manual error, reduces labor cost, and accurately enable product tracking. Different combination of chemicals used in thermal paper produces different images depending upon the need of the consumers.
Major Key Players of the Thermal Printing Market are:
Zebra Technologies Corporation, Seiko Epson Corporation, Bixolon EU, TSC Auto ID Technology Co., Ltd., Star Micronics Co., Ltd. , SATO HOLDINGS CORPORATION, Honeywell International Inc., Fujitsu Ltd., Toshiba Corporation, Brother Industries, Ltd.
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Thermal Printing Market: Dynamics
Growing population, industrialization, and disposable income are the prime factors which can drive the thermal printing market. In addition to this, its increasing usage in healthcare industries and retail industry due to their expansion can raise the market for thermal printing. Data capture technologies and automatic identification for product improvement and growth of the e-commerce industry can increase the usage of thermal printing. Inkjet and laser printing solutions can be restraints on the growth of thermal printing. Barcode printing is anticipated to hold the largest share of thermal printing solutions in the forecast period. Thermal printing market can be decreased due to the poor image quality of bar code labels and their heat setting problems. The company’s manufacturing thermal printing solutions are focusing on upgrading technology and preferring frequent product launches to cope up with the increasing demand.
Thermal Printing Market: Segmentation
On the basis of printer type, the thermal printing market has been segmented into:
- POS Printer
- Barcode Printer
- RFID Printer
- Card Printer
- Kiosk and ticket printer
On the basis of end use, the thermal printing market has been segmented into:
- Healthcare
- Transportation and Logistics
- Retail
- Manufacturing
- Industries
- Others
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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