Thermal Printing Market Size to Hit USD 61,398.90 Million by 2030
페이지 정보
본문
Thermal Printing Market Size:
Thermal Printing Market size is estimated to reach over USD 61,398.90 Million by 2030 from a value of USD 41,797.61 Million in 2022, growing at a CAGR of 5.1% from 2023 to 2030.
Thermal Printing Market Analysis Overview:
The thermal printing market encompasses technologies that utilize heat to produce images on specialized thermal paper or other heat-sensitive materials. This method is widely used for barcode printing, receipt printing, labelling, and various industrial applications due to its speed, reliability, and low maintenance requirements. The market is driven by the growing demand for efficient and cost-effective printing solutions across diverse industries, particularly in retail, logistics, and healthcare.
Key Drivers:
· Increasing adoption in retail and logistics: Thermal printing is widely used for receipts, labels, and barcodes, driving demand in these sectors.
· Demand for on-demand printing: Thermal printers offer quick and efficient on-demand printing, making them suitable for time-sensitive applications.
· Low maintenance requirements: Thermal printers typically require minimal maintenance compared to other printing technologies.
· Cost-effectiveness: Thermal printing offers low operating costs due to the absence of ink or toner cartridges.
· The increasing adoption of thermal printer in the retail sector for applications including printing receipts, price tags, product labels, and barcodes.
· Consequently, the growing adoption of thermal printers in retail industry to improve customer service and streamlining checkout process is accelerating the growth of the market.
· Moreover, thermal printers are used for high-volume transactional printing due to the high speed, efficiency, and cost-effectiveness of thermal printers.
· Thus, retailers are focusing on improving point of sale experience by providing customers with rapid and convenient services.
Key Restraints:
· Limited colour printing capabilities: Thermal printing primarily produces monochrome images, limiting its use in applications requiring colour.
· Sensitivity to heat and light: Thermal paper can fade or darken when exposed to excessive heat or light, affecting print longevity.
· Material limitations: Thermal printing requires specialized thermal paper, which can be more expensive than standard paper.
· Image durability: The durability of thermal prints can be a concern in certain environments or for long-term storage.
· Thermal printing is primarily used for monochrome or grayscale printing.
· Direct thermal printing technology uses heat-sensitive paper instead of thermal ribbon for printing.
· Thus, the inability of thermal printers to produce variable colors is restraining the growth of the market.
Future Opportunities:
The thermal printing market presents several growth opportunities:
· Development of advanced thermal paper: Research into thermal paper with improved durability, colour capabilities, and eco-friendly properties.
· Integration with mobile and cloud technologies: Developing thermal printers that can seamlessly integrate with mobile devices and cloud-based systems.
· Expansion into new applications: Exploring new applications in areas like medical imaging, 3D printing, and smart packaging.
· Focus on sustainable solutions: Developing energy-efficient thermal printers and recyclable thermal paper to meet environmental concerns.
· The advancements in connectivity options for thermal printers including Wi-Fi and Bluetooth is expected to present potential opportunities for the growth of thermal printing market during the forecast period.
· Thermal printers support both USB and Bluetooth connectivity options, providing flexibility and convenience in connecting to different devices including smartphones, laptops, and tablets.
Segmentation:
The thermal printing market can be segmented based on:
Type:
· POS printers
· Barcode printers
· Kiosk & Ticket printers
· RFID printers
· Card Printers
By Format Type
· Industrial Format
· Desktop Format
· Mobile Format
End-User Industry:
· Retail
· Logistics and Transportation
· Healthcare
· Manufacturing
· Hospitality
Region:
· North America
· Europe
· Asia-Pacific
· Latin America
· Middle East and Africa
Key Players
· Zebra Technologies Corporation
· Sato Holdings Corporation
· Honeywell International Inc.
· Bioxolon
· Brother International Corporation
· Star Micronics Co., Ltd.
· Toshiba Tec Corporation
· TSC Auto ID Technology Co., Ltd.
· Avery Dennison Corporation
· Xiamen Rongta Technology Co., Ltd.
· Fujitsu
· Dascom
Regional Analysis:
The Asia-Pacific region is expected to witness significant growth in the thermal printing market due to the rapid expansion of e-commerce and logistics industries. North America and Europe are mature markets with established retail and healthcare sectors.
Recent Developments:
Development of direct thermal printing with extended image durability: Companies are working on direct thermal printing techniques that produce more durable images.
In November 2022, Loftware Inc. collaborated with SATO to launch first cloud-based RFID tag logging and encoding solution for printing barcodes on medical devices, pharmaceuticals, and luxury goods.
Focus on smart label printing: Smart labels with embedded sensors and data capabilities are driving demand for advanced thermal printing solutions.
Contact us:
Consegic Business intelligence Pvt Ltd.
Contact no: (US) (505) 715-4344
Email: [email protected]
Other Reports:
|
https://anygrap.com/free/membrane-separation-materials-market-size-share/ |
|
https://posteezy.com/membrane-separation-materials-market-demand-revenue-analysis-2030 |
댓글목록
no comments.