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Global Thermal Printing Market: Key Strategies to Use to Dominate Globally 2020-2026

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.

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Global Thermal Printing Market: Key Strategies to Use to Dominate Globally 2020-2026

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  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 firm’s 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 @ https://bit.ly/31FIgQk Request for a Sample of this Research report @ 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..

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