The Thermal Printing Market analysis document represents a detailed collection of prioritized market definitions, industry scope and reach, and pivotal industry insights. Information about the many pitfalls of the market as well as the frequent challenges encountered by core industry players have been summarized in the report. That apart, the document also endorses details about the numerous driving parameters impacting the revenue landscape of this vertical.
Driven by the demand for high-quality tags and printed labels in the transportation and logistics sector, the thermal printing market is expected to grow significantly by 2026. Known for their operating speed, thermal printers are used to produce error-free, durable labels, receipts and tags. The barcode labels are used for tracking packages efficiently and inventory management.
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With recent developments in RFID technology and their growing popularity across several industries, RFID printers are gradually replacing traditional thermal printing technologies such as barcode printers. These printers can print 1D as well as 2D barcodes in addition to human readable numbers, graphics, and information. RFID printers are widely preferred for fast and accurate identification of large volumes of tagged items.
One of the biggest advantages of RFID printers is perhaps the fact that they can be seamlessly integrated into manufacturing, warehousing, and logistics applications. Moreover, these printers ensure that all items are tracked and labelled quickly and precisely and offer high-speed data collection and transparency.
Over the past decade or so, the healthcare industry has emerged to become a major end-user of thermal printing solutions. In healthcare institutions, thermal printers are used to access medical records, identify and label samples, and track imaging equipment, surgical implants, and consumables. These printers are also used to print wristbands for patients or visitors in order to ensure accurate identification.
Manufacturers are looking to design products that comply with IEC 60601-1 regulations by implementing a medical-grade power supply, which helps reduce the risk of electrical shock to patients and staff. Growing automation in healthcare will certainly complement thermal printing market outlook.
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Geographically speaking, Asia Pacific thermal printing market is estimated to grow owing to the expanding consumer electronics industries in Japan and China, where thermal printers are being adopted for labeling barcode tags on electrical components and electronics.
Avery Dennison Corporation, Toshiba Corporation, Brother Industries, Ltd., Sato Holdings Corporation, Citizen Systems, Zebra Technologies Corporation, TSC Auto ID Technology Co., Ltd., Star Micronics Co., Ltd., Shinmei Co., Ltd., Seiko Instruments GmbH, Seiko Epson Corporation, Pro Mach Inc., Fujitsu Ltd., and Honeywell International Inc. are among the notable names in the thermal printing sector.
Major Key Points from Table of Content:
Chapter 5. Thermal Printing Market, By Offering
5.1. Key trends by offering
5.2. Printers
5.2.1. Market estimates and forecast, 2016 – 2026
5.2.2. Market estimates and forecast, by product, 2016 – 2026
5.2.3. Market estimates and forecast, by type, 2016 – 2026
5.2.4. Market estimates and forecast, by technology, 2016 – 2026
5.2.5. Market estimates and forecast, by application, 2016 – 2026
5.3. Supplies & consumables
5.3.1. Market estimates and forecast, 2016 – 2026
5.3.2. Market estimates and forecast, by technology, 2016 – 2026
5.3.3. Market estimates and forecast, by application, 2016 – 2026
Chapter 6. Thermal Printing Market, By Product
6.1. Key trends by product
6.2. Industrial
6.2.1. Market estimates and forecast, 2016 - 2026
6.3. Desktop
6.3.1. Market estimates and forecast, 2016 - 2026
6.4. Mobile
6.4.1. Market estimates and forecast, 2016 – 2026
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