The latest study on the Thermal Printing Market industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 - 2030 . The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.The report considers 2017-2018 as historical years, 2019 as the base year, and 2020- 2030 as the forecast timeline. The report offers strategic recommendations to the key stakeholders and investors to help them ascertain maximum returns on their investments and formulate new strategic business plans.
The global thermal printing market size was USD 44.00 Billion in 2021 and is expected to register a revenue CAGR of 4.4% during the forecast period, according to latest analysis by Emergen Research. Growing concerns regarding product safety and anti-counterfeiting is an important factor driving market revenue growth.Other factors that influence development of the worldwide market include deployment of automated and cutting-edge technologies such as Automatic Identification and Data Capture (AIDC) and wireless mobile printers. Thermal printing uses portable, dependable, and user-friendly printers and is employed in several businesses to print labels, bills, lottery tickets, and other documents, which are driving revenue growth of this segment. In addition, papers printed with thermal printing are simple to recycle owing to short lifespan of chemical coating on these sheets.
Emergen Research’s latest document, titled ‘Thermal Printing Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the Thermal Printing Market . The report’s authors have offered necessary details on the latest Thermal Printing Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Thermal Printing Market industry entails useful insights into the estimated Thermal Printing Market size, revenue share, and sales & distribution networks.
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The leading companies operating in the Thermal Printing Market are: Zebra Technologies Corp, SATO Holdings, Seiko Epson, Star Micronics, Honeywell International, BIXOLON, Fujitsu, HP Development Company, L.P, Toshiba Tec Corporation., and Brother Industries, Ltd.
Market in Asia Pacific is expected to register the fastest revenue CAGR during the forecast period. This can be attributed to the fact that smart city adoption in this region is currently low, but it has a high potential for market development during the forecast period. A vast population, fast economic development, and technological breakthroughs in resource management and sustainable development are expected to contribute to market revenue growth in this area. Countries such as China, India, Japan, and South Korea are expected to give potential chances for market participants to improve their positions owing to favorable government policies that encourage infrastructure development. In Hong Kong, for example, the contactless card system makes utilizing public transit easier and more convenient. The bus information system in Seoul provides passengers with real-time arrival and departure information, increasing customer satisfaction.
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For the purpose of this report, Emergen Research has segmented the global thermal printing market based on offering, printer type, format type, printing technology, application, and region:
· Offering Type Outlook (Revenue, USD Billion; 2019-2030)
- Printer
- Supplies
· Printer Type Outlook (Revenue, USD Billion; 2019-2030)
- Barcode Printers
- POS Printers
- Kiosk & Ticket Printers
- RFID Printers
- Card Printers
· Format Type Outlook (Revenue, USD Billion; 2019-2030)
- Industrial Format
- Desktop Format
- Mobile Format
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Questions addressed in the report:
- What is the estimated market growth rate throughout the forecast period?
- Which end-use industry is expected to witness the highest demand for Thermal Printing Market in the near future?
- What is the regulatory framework governing the application of Thermal Printing Market in the food industry?
- Which manufacturing processes are utilized for the production of Thermal Printing Market ?
Thermal Printing Market Report - Table of contents:
- Chapter 1 includes the Thermal Printing Market introduction, followed by an overview of the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 offers an exhaustive study of the key manufacturers ofThermal Printing Market industry, along with their anticipated sales and revenue shares.
- Chapter 3 elaborates on the competitive outlook of the Non Thermal Pasteurization Market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 entails a broad market segmentation based on region and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapters 5, 6, 7, 8, and 9 continue with market segmentation based on product type, application range, and market players.
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