The Global Thermal Printing Market Report by Global Insight Services is the single and trusted source of information for the Thermal Printing Market . This report provides an analysis of the market impact of the latest market disruptions such as the Russian-Ukraine War and Covid-19. The report provides a qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. The report includes in-depth segmentation and market size data by category, product type, application, and region. The report also includes a comprehensive analysis of recent events such as key issues, trends and drivers, restraints and challenges, competitive landscape, and M&A activity in the market.
Thermal printing, also known as direct thermal printing, is a type of printing that uses heat to transfer an image onto paper. The paper is coated with a heat-sensitive material that turns black when it is exposed to heat. The printhead of a thermal printer contains a row of tiny resistors that get hot when electricity is applied to them. As the resistors get hot, they heat up the paper and cause the heat-sensitive material to turn black. Thermal printing is used in a variety of applications, including point-of-sale (POS) receipts, labels, and tags. It is also used to print images on thermal paper, which is used in some types of medical imaging.
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Key Trends
1. Increased Resolution
One of the key trends in thermal printing technology is the increased resolution of the printers. This means that the printers are able to print at a higher quality, which is essential for businesses that require high-quality printing.
2. Increased Speed
Another trend is the increased speed of the printers. This is essential for businesses that require fast printing, such as businesses that need to print large quantities of documents.
3. Increased Connectivity
Another trend is the increased connectivity of the printers. This means that the printers can be connected to a computer or a network, which is essential for businesses that need to print from multiple locations.
4. Increased Security
Another trend is the increased security of the printers. This means that the printers can be password protected, which is essential for businesses that need to protect their documents from unauthorized access.
Key Drivers
The key drivers of the Thermal Printing market are the increasing demand for on-demand printing, the need for high-speed printing, and the declining cost of thermal printers. The increasing demand for on-demand printing is driven by the growing popularity of e-commerce and the need for businesses to print documents and labels on-demand. The need for high-speed printing is driven by the increasing demand for high-quality prints and the need for businesses to print large volumes of documents quickly. The declining cost of thermal printers is driven by the increasing competition in the market and the advancements in technology.
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Market Segments
The Thermal Printing Market is segmented on the basis of offering, printer type, format type, and region. Based on offering, the thermal printer market is bifurcated into printer and supplies. In terms of printer type, the market is categorized into barcode, POS, kiosk & ticket, RFID, and card. On the basis of format type, the market is divided into industrial, desktop, and mobile. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Thermal Printing Market report includes players such as Zebra Technologies Corporation, Seiko Epson Corporation, Bixolon EU, TSC Auto ID Technology Co., Ltd., Star Micronics Co., Ltd., SATO HOLDINGS CORPORATION, Honeywell International Inc., Fujitsu Ltd., Toshiba Corporation and Brother Industries Ltd.
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