According to the market research report “Thermal Printing Market: By Technology (Direct Thermal, Thermal Transfer, & Dye Sublimation), By Printer Type (Label & Tag, Mobile, Point of Sale, Kiosks & Ticket, Card, & RFID), By Component, By End-User, & By Region-Forecast (2016-2021)”, published by IndustryARC, estimates that health-care segment will register fast growth during the forecast period.
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Thermal printing is a digital printing process that produces printed images by selective heating of thermo-chromic or thermal papers. Basically, these papers are coated with thermal chemicals that tend to change its color when exposed to heat. The chemicals applied on the thermal papers when exposed to heat changes its color so as to display the intended images. The various chemicals that are used for imaging in thermal printing include leuco dyes, sensitizers and stabilizers. The two types of thermal printers are direct thermal printers and thermal transfer printers. The Thermal Printing Market is expected to register significant growth till the end of the forecast period.
Scope & Regional Forecast of the Thermal Printing Market
The major factors such as expanding retail industry, increasing disposal income, rapid industrialization are the primary growth drivers for the Thermal Printing Market. Rising global population coupled with growing adoption of thermal printing across various end-user industries such as health-care, transportation & logistics, retail, manufacturing and others also driving the growth for the market.
The market for thermal printing is expected to register great demand during the forecast period. The rising demand is also projected to register rapid growth rate for the market. However, ink jet and laser printing technologies which are key restraints for this market.
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North America is dominating the Thermal Printing Market, followed by Europe and Asia-Pacific. Asia-Pacific estimated to register the fastest growth due to rapid industrialization and rising disposal income in this region, during the forecast period. Among all the segmentation types, the point of sale printer is having the highest share. Coming to the end-user segmentation, the retail segment is dominating the market and health-care segment is expected to register the fastest growth during the forecast period.
Segmentations & Key Players Involved in the Thermal Printing Market
The Thermal Printing Market can be broken down into various segmentations on the basis of –
Technology: Direct Thermal (DT), Thermal Transfer (TT) and Dye Sublimation (D2T2).
Component: Thermal Head, Platen, Spring and Controller Board.
Printer Type: Tag & Label Printer, Mobile Printer, Point of Sale Printer, Kiosks & Ticket Printer, Card Printer and RFID Printer.
End-User: Retail, Transportation & Logistics, Health-care, Manufacturing and Others.
Region: Europe, Asia-Pacific, North America and Rest of the World.
Some of the key players involved in the Thermal Printing Market are as follows:
Zebra Technologies Corporation.
Seiko Epson Corporation
Star Micronics Co., Ltd.
Brother International Corporation
Toshiba TEC Corporation
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