Press release
Thermal Printer Industry Booms | Growing Demand in Retail, Logistics, and Healthcare Sectors
Thermal Printer Industry
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Latest M&A Activity
The thermal printer sector is witnessing consolidation through acquisitions and partnerships by leading players such as Brother Industries, Epson, Zebra Technologies, and Honeywell to expand geographic reach and strengthen capabilities in specialized printers like labels, receipts, and mobile devices.
Chinese manufacturers like Rongta Technology and Shandong New Beiyang Information Technology are strengthening market presence, propelled by local government support for manufacturing and self-reliance, potentially triggering more cross-border deals.
Key Players:
Zebra Technologies Corporation, SATO HOLDINGS CORPORATION, SEIKO EPSON CORPORATION, Star Micronics Co., Ltd., Honeywell International Inc., Brother Industries, Ltd., BIXOLON CO., LTD., Fujitsu, Toshiba Corporation and TSC Auto ID Technology Co., Ltd
New Product Launches and Innovations
Kyocera launched the TPA Series thermal printhead for high-speed, high-quality POS receipt printing supporting cashless and self-checkout retail environments with increased print speed of 350 mm/sec, planned for full-scale production by August 2025.
Leading thermal printers include Epson TM-T88VII, Star Micronics TSP143IVUE, and Bixolon SRP-350III, popular for reliability, print speed, and versatile connectivity options.
Advances focus on compact design, IoT cloud integration, energy efficiency, and eco-friendly manufacturing practices to meet modern business and regulatory needs
Growth Forecast Projected:
The Global Thermal Printer Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Thermal Printer Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
By Offering: (Printer, Supplies)
By Printer Type: (Barcode Printers, POS Printers, Kiosk & Ticket Printers, RFID Printers, Card Printers)
By Format Type: (Industrial Format, Desktop Format, Mobile Format)
By Printing Technology: (Direct Thermal (DT), Thermal Transfer (TT), Dye Diffusion Thermal Transfer (D2T2))
By Application: (Retail, Transportation & Logistics, Manufacturing & Industrial, Healthcare & Hospitality, Government, Others)
Regional Analysis for Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Thermal Printer producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Thermal Printer revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ's
Q: How fast is the Thermal Printer Market growing?
A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 5.0% from 2025 to 2032
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