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Thermal Printing Market: Experts Anticipate Industy Boom in 2026

Author : Ronak Bora | Published Date : 2020-09-02 

Thermal Printing Market in development of automatic identification and data capture (AIDC) technologies and their increased adoption across several industry verticals has increased the demand for thermal printing solutions. RFID or Barcode printers are widely used for automatic identification, acquisition, storage, and transfer.

Different types of thermal printers are used to produce high-quality and durable labels, tags, and receipts while minimizing human errors in data identification and acquisition. Global Market Insights, Inc., forecasts that global thermal printing market will be worth more than 50 billion by 2026.

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These companies are constantly focusing on introduction novel thermal printing technologies. For instance, in January 2020, Epson had unveiled a new versatile and flexible thermal label printer TM-L90II LFC. The printer supports both receipt printing and liner-free printing and features a feedback and label-taken sensor technology.

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.

Top Key Players In Thermal Printing Market are Avery Dennison Corporation, Axiohm TXCOM, Bixolon Co., Ltd., Brother Industries, Ltd., Citizen Systems, CognitiveTPG, LLC, Fujitsu Ltd., Honeywell International Inc., NCR Corporatio, Pro Mach Inc., Rongta Technology (Xiamen) Group Co., Ltd., Sato Holdings Corporation, Seiko Epson Corporation, Seiko Instruments GmbH, Shinmei Co., Ltd., Star Micronics Co., Ltd., Toshiba Corporation, TransAct Technologies Incorporated, TSC Auto ID Technology Co., Ltd, Zebra Technologies Corp.

In terms of the regional outlook, Asia Pacific is anticipated to account for a substantial share of global thermal printing industry. The regional growth can be largely attributed to rapid expansion of consumer electronics sector across China and Japan in recent years. Thermal printers are used to label barcode tags on electrical and electronics components. Thermal printing technologies are bound to witness a notable demand due to growing need for high-quality coding and labeling.

In India and South Korea, robust growth of the retail industry is likely to provide promising opportunities to regional thermal printing companies. Retail companies are investing in advanced technologies to improve service quality, enhance customer satisfaction, and gain a competitive edge.

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

Chapter 7.   Thermal Printing Market, By Type

7.1.  Key trends by type

7.2.  Barcode printers

7.2.1.  Market estimates and forecast, 2016 – 2026

7.3.  Card printers

7.3.1.  Market estimates and forecast, 2016 – 2026

7.4.  Kiosk & ticket printers

7.4.1.  Market estimates and forecast, 2016 – 2026

7.5.  POS printers

7.5.1.  Market estimates and forecast, 2016 – 2026

7.6.  RFID printers

7.6.1.  Market estimates and forecast, 2016 – 2026

7.7.  Others

7.7.1.  Market estimates and forecast, 2016 – 2026

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/thermal-printing-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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