DUBLIN--(BUSINESS WIRE)--The "Thermal Printing Market Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Thermal Printing Market is estimated to be USD 35.56 Bn in 2021 and is expected to reach USD 48.22 Bn by 2026, growing at a CAGR of 6.28%.
The Global Thermal Printing Market is driving due to the rising adoption of automatic identification, data capture, and wireless technologies to improve productivity. The growing concerns related to anti-counterfeit and product safety drive the market's growth. Additionally, the increasing use of thermal printing as per on-demand printing applications fuels the market's growth. On the other hand, stringent printing rules and regulations and poor image quality of barcode labels restrict the market's growth.
The emergence of the Internet of Things (IoT) technology in printing solutions will create potential opportunities for the market to grow in the forecasted period. Furthermore, the growing usage of thermal printing solutions in various industries such as e-commerce, healthcare, and the supply chain industry deals with RFID, smart labels, tags, and Barcode thermal printers. Moreover, heat setting in thermal barcode solutions is a challenge that may negatively affect the market.
The market is segmented based on Application Type, Offering Type, Printer Type, Format Type, Printing Technology Type, and Geography.
Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Thermal Printing Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Market Dynamics
Drivers
- Rising Adoption of Automatic Identification and Wireless Technologies
- Growing Concern Related to Anti-Counterfeit and Product Safety
- Increasing Use of Thermal Printing in On-Demand Printing Applications
Restraints
- Stringent Printing Rules and Regulations
- Poor Image Quality of Barcode Labels
Opportunities
- Growing Usage of Thermal Printing Solutions in Various Industries
- The emergence of IoT Technology in Printing Solutions
Challenges
- Heat Setting in Thermal Barcode Printers
Companies Mentioned
- Advantech Co., Ltd
- APS Group
- Avery Dennison Corporation
- AXIOHM
- Brother Industries, Ltd
- BIXOLON America, Inc
- Citizens Systems Europe GmbH
- CognitiveTPG, LLC
- Cougartron
- Fujitsu Limited
- Hewlett Packard Enterprise Development LP
- Honeywell International, Inc
- JADAK Technologies, Inc
- NCR Corporation
- NEC Corporation
- ProMach, Inc
- Rongta Technology (Xiamen) Group Co., Ltd
- SATO Holdings Corporation
- Sartorius AG
- Seiko Epson Corporation
- Seiko Instruments, Inc
- Shenzhen Brightek Printer Co., Ltd
- Shinmei Co., Ltd
- Star Micronics Co., Ltd
- Toshiba Corporation
- TSC Auto ID Technology Co., Ltd
- Urovo Technology Corporation Limited
- Wasp Barcode Technologies, Inc
- Zebra Technologies Corporation
- Zhuhai Zywell Technology Co., Ltd
For more information about this report visit https://www.researchandmarkets.com/r/oxq90r
