Market Overview:
The global POS printer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for POS printers from retail and hospitality sectors across the globe. In terms of type, the global POS printer market is segmented into impact type and thermal type. The impact type segment is expected to hold a larger share of the global POS printer market during the forecast period owing to its low cost and easy operability as compared to thermal type printers. In terms of application, supermarket sector held a dominant share in 2017 and is projected to maintain its dominance throughout the forecast period.
Product Definition:
A Point of Sale printer is a type of thermal printer used to print receipts for customers. These printers are usually small, mobile, and lightweight. They are popular in retail settings where they are used to print receipts for customers.
Impact type:
Impact type is a method of printing wherein the printhead hit against the paper or other material to make an impression. The impact type printers are also known asimpact printers, and they are characterized by their use of a printable surface (paper, transparency film, etc.) and their ability to create prints from any standard printer driver software. Impact printers were initially developed for business applications; however due to their low cost they have now become popular among individual users too.
Thermal type:
Thermal type is used in POS printer to print labels, barcodes and receipts. It uses thermal paper which is made of fine lines and spaces that are heated by a ribbon which has been coated with special ink. When the paper is printed on it, the heat from the printer makes the ink dry up to form bold text or images on the label or receipt.
Application Insights:
The other application segment includes corporate, hospitality and retail. The impact of technological advancements such as the development of wireless connectivity and mobile printing has increased the adoption rate of POS printers in these industries. Furthermore, growing demand for mPOS or mini-POS systems that are compatible with mTAP or mobile tap connections is expected to drive market growth over the forecast period.
The hotel application segment accounted for more than 20% share in 2017 owing to increasing penetration rates across various hotels around the world. A large number of hotels have started adopting these devices due to benefits such as ease in installation process, cost-effectiveness and paperless billing system among others which reduces human efforts while handling huge volumes at a time. Increasing demand from hospitals & clinics for advanced technology solutions coupled with rising government funding towards healthcare infrastructure development is expected to increase investment by hospitals & clinics resulting in higher adoption rate of POS printers worldwide over the forecast period driving market growth globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing penetration of POS printers in emerging economies, such as China and India. Factors such as rising adoption of cashless payment systems, growing retail industry, rapid urbanization are also driving the demand for POS printers in this region. Furthermore, favorable government initiatives promoting digital payments are further anticipated to drive regional growth over the forecast period.
North America accounted for a significant share owing to presence of prominent players like HP Inc., NCR Corporation and others based out of U.S that have been focusing on developing impact type POS printers over past few years which has resulted into higher share held by North America region compared with other regions mentioned above during same period last year.
Growth Factors:
- Increasing demand for fast and secure transactions
- Growing number of retail outlets and e-commerce businesses
- Proliferation of mobile devices and apps that facilitate payments
- Rising trend of card-not-present transactions
- Emergence of new technologies such as near field communication (NFC)
Scope Of The Report
Report Attributes
Report Details
Report Title
POS Printer Market Research Report
By Type
Impact type, Thermal type
By Application
Supermarket, Hotel, Other
By Companies
HP, Seiko Epson, Star Micronics, Bixolon, Boca Systems, Cognitive TPG, CUSTOM SPA, NCR, Pertech Industries, Woosim, HP
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global POS Printer Market Report Segments:
The global POS Printer market is segmented on the basis of:
Types
Impact type, Thermal type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Hotel, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- HP
- Seiko Epson
- Star Micronics
- Bixolon
- Boca Systems
- Cognitive TPG
- CUSTOM SPA
- NCR
- Pertech Industries
- Woosim
- HP
Highlights of The POS Printer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Impact type
- Thermal type
- By Application:
- Supermarket
- Hotel
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the POS Printer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A POS printer is a device that prints out receipts or other documents from a point-of-sale terminal.
Some of the key players operating in the pos printer market are HP, Seiko Epson, Star Micronics, Bixolon, Boca Systems, Cognitive TPG, CUSTOM SPA, NCR, Pertech Industries, Woosim, HP.
The pos printer market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 POS Printer Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 POS Printer Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 POS Printer Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the POS Printer Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global POS Printer Market Size & Forecast, 2018-2028 4.5.1 POS Printer Market Size and Y-o-Y Growth 4.5.2 POS Printer Market Absolute $ Opportunity
Chapter 5 Global POS Printer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 POS Printer Market Size Forecast by Type
5.2.1 Impact type
5.2.2 Thermal type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global POS Printer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 POS Printer Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Hotel
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global POS Printer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 POS Printer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America POS Printer Analysis and Forecast
9.1 Introduction
9.2 North America POS Printer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America POS Printer Market Size Forecast by Type
9.6.1 Impact type
9.6.2 Thermal type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America POS Printer Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Hotel
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe POS Printer Analysis and Forecast
10.1 Introduction
10.2 Europe POS Printer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe POS Printer Market Size Forecast by Type
10.6.1 Impact type
10.6.2 Thermal type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe POS Printer Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Hotel
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific POS Printer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific POS Printer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific POS Printer Market Size Forecast by Type
11.6.1 Impact type
11.6.2 Thermal type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific POS Printer Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Hotel
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America POS Printer Analysis and Forecast
12.1 Introduction
12.2 Latin America POS Printer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America POS Printer Market Size Forecast by Type
12.6.1 Impact type
12.6.2 Thermal type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America POS Printer Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Hotel
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) POS Printer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) POS Printer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) POS Printer Market Size Forecast by Type
13.6.1 Impact type
13.6.2 Thermal type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) POS Printer Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Hotel
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 POS Printer Market: Competitive Dashboard
14.2 Global POS Printer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HP
14.3.2 Seiko Epson
14.3.3 Star Micronics
14.3.4 Bixolon
14.3.5 Boca Systems
14.3.6 Cognitive TPG
14.3.7 CUSTOM SPA
14.3.8 NCR
14.3.9 Pertech Industries
14.3.10 Woosim
14.3.11 HP