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Thermal Printing Market 2020-2025: Zebra Technologies, SATO Holdings, Seiko Epson, Fujitsu, Star Micronics, BIXOLON, Honeywell International, Brother Industries, Toshiba TEC, TSC Auto ID Technology, NCR Corporation and Others.
According to Market Study Report, Thermal Printing Market provides a comprehensive analysis of the Thermal Printing Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry. This report also provides market landscape and market share information in the Thermal Printing Market. An exclusive data offered in this report is collected by research and industry experts team.Get Free Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1241154
The Thermal Printing Market is expected to grow at a CAGR of 4.4% from 2020 to 2025, to reach USD 53.5 Billion by 2025 from USD 43.2 Billion in 2020. This report spread across 145 pages, profiling 10 companies and supported with 63 tables and 53 figures are now available in this research.
Top Companies Profiled in the Thermal Printing Market:
o Zebra Technologies (US)
o SATO Holdings (Japan)
o Seiko Epson (Japan)
o Fujitsu (Japan)
o Star Micronics (Japan)
o BIXOLON (South Korea)
o Honeywell International (US)
o Brother Industries (Japan)
o Toshiba TEC (Japan)
o TSC Auto ID Technology (Taiwan)
o NCR Corporation (US)
o Avery Dennison (US)
o Citizen Systems (Japan)
o JADAK (US)
o Rongta Technology (Xiamen) Group (China)
o ProMach (US)
o CognitiveTPG (US)
o Shinmei (Japan)
o Seiko Instruments (Japan)
o Axiohm (France)
"Retail application to dominate thermal printing market, in terms of size, during the forecast period"
The thermal printing market for retail applications is expected to hold a dominant position during the forecast period. There is a significant demand for thermal printers in the retail sector. One of the critical factors for this high demand is the need for maintaining data by tracking inventory through barcode and RFID tags. Thermal printers are used to print these tags at significantly low costs. Also, these printers print rugged and reliable labels, which can withstand all challenging conditions such as abrasion, moisture, and extreme temperatures.
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"Barcode printers segment to hold the largest share of thermal printer market and witness significant growth from 2020 to 2025"
In terms of market size, the barcode printers are expected to dominate the thermal printer market during the forecast period and is likely to witness significant growth in the said market from 2020 to 2025. Thermal barcode printers are extensively used in small, medium, and large businesses to label and subsequently track the products to be shipped. This is one of the significant factors that has led to the leading position of barcode printers in the thermal printer market.
"APAC to witness the highest growth in the market during the forecast period"
APAC is expected to witness the highest growth in the thermal printing market during the forecast period. China, Japan, and Australia are a few major countries that accelerate the growth of the thermal printing market in APAC. Healthcare & hospitality, and transportation & logistics applications are expected to demonstrate a higher increase compared with other applications in the region.
Breakdown of primary participants' profile:
o By Company Type: Tier 1 - 35 %, Tier 2 - 45%, and Tier 3 - 20%
o By Designation: C-Level Executives - 35%, Managers - 25%, and Others - 40%
o By Region: Americas - 45%, Europe - 20%, APAC - 30%, and RoW - 5%
Competitive Landscape of Thermal Printing Market:
1 Overview
2 Market Ranking Analysis: Thermal Printing Market
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Innovators
3.3 Dynamic Differentiators
3.4 Emerging Companies
4 Strength Of Product Portfolio
5 Business Strategy Excellence
6 Competitive Situations And Trends
6.1 Product Launches
6.2 Expansions And Acquisitions
6.3 Partnerships And Collaborations
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Research Coverage:
This report segments the thermal printing market by offering, application, and geography; and thermal printer market by printer type, format type, and printing technology. It also describes major drivers, restraints, challenges, and opportunities about this market, as well as includes the value chain and market ranking analysis.
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