Global Thermal Printing Market: Things to Focus on to Ensure Long-term Success 2020-2026 - PowerPoint PPT Presentation

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Global Thermal Printing Market: Things to Focus on to Ensure Long-term Success 2020-2026

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Use of such modern solutions and of Automatic Identification & Data Capture technologies across various industries is fueling the demand for thermal printers. According to Global Market Insights, Inc., the thermal printing market is projected to grow over USD 50 billion by 2026. – PowerPoint PPT presentation

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Title: Global Thermal Printing Market: Things to Focus on to Ensure Long-term Success 2020-2026


1
Global Thermal Printing Market Leading Segments
and their Growth Drivers 2026
2
Industry Overview
  • Accordingly, to Global Market Insights research
    report global Thermal Printing Market is driven
    by the demand for high-quality tags and printed
    labels in the transportation and logistics
    sector, the thermal printing industry 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.
  • To further increase operational efficiency and
    performance, thermal printer makers are
    incorporating advanced technologies in their
    products. In May 2020, major thermal printer
    manufacturer, Zebra Technologies announced that
    the artificial intelligence-based academy,
    Maikubo increased its staff efficiency as well as
    achieve accurate, faster asset tagging and
    equipment management by adopting the firms ZT400
    series RFID printer.
  • Use of such modern solutions and of Automatic
    Identification Data Capture technologies across
    various industries is fueling the demand for
    thermal printers. According to Global Market
    Insights, Inc., the thermal printing market is
    projected to grow over USD 50 billion by 2026.

3
Continue
  • Based on product type, the thermal printing
    market is divided into POS printers, RFID
    printers, card printers, barcode printers and
    kiosk ticket printers. Of these, the RFID
    printer segment is anticipated to do
    exceptionally well over the upcoming years owing
    to their ability to integrate seamlessly into
    warehouse, manufacturing and logistics
    operations.
  • RFID printers print 1D and 2D barcodes along with
    human readable information, numbers and graphics.
    They are being preferred by several industries
    for precise data collection and quick
    identification of huge volumes of tagged items.
  • In terms of application, the thermal printing
    market is divided into retail, transportation
    logistics, healthcare, entertainment
    hospitality, government and manufacturing. The
    healthcare sector is expected to fuel market
    share significantly, as thermal printers are
    widely used for accessing medical records,
    identifying lab samples and tracking surgical
    implants, imaging equipment and consumables.

4

Browse Full Market Research Report _at_
https//bit.ly/31FIgQk Request for a Sample
of this Research report _at_ https//bit.ly/3afCNn6
5
Growth Drivers
  • Growing adoption of AIDC for improving
    productivity globall
  • Need for RFID and barcode printers from
    e-commerce, transportation logistics industries
  • Implementation of thermal printing in healthcare
    applications in North America Europe
  • Demand for high quality printing in electronics
    industry for anti-counterfeiting and product
    safety in Asia Pacific
  • UIDAI initiative in India
  • Growing demand for thermal printing in retail
    applications in the Latin America and MEA

6
Continue
  • The competitive landscape of the global Thermal
    Printing Market is inclusive of players such as
    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..

7
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