Market Overview:
The global thermal 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 thermal printers from various end-use industries, such as POS, bank system, medical device, and others. In addition, the growing demand for mobile type thermal printers is also contributing to the growth of this market.
Product Definition:
Thermal printer is a type of printer which prints by heating up small dots of ink on special paper. Thermal printers are often faster than other types of printers and can be used in variety of settings, including retail stores, restaurants and hospitals.
Desktop Type:
Desktop type is used to print forms, reports and documents on paper. It's the most common printer in offices and homes. Thermal printers are also known as dot matrix printers or desktop printers. They are used for printing from computers by means of a USB or parallel port, ethernet connection or locally connected media like a hard drive or DVD-ROM drive.
Mobile Type:
Mobile type is the part of a thermal printer that allows it to be moved around and used in different places. It consists of wheels, casters or rollers and often times a trolley. The mobile type section is usually placed at the rear of the printer for mobility.
Application Insights:
The others application segment includes retail, hospitality, and transportation. The demand for thermal printers is increasing in the hospitality industry as they are compact devices that can print out boarding passes and receipts quickly. They are also relatively less expensive than their inkjet counterparts, which is expected to drive the market over the forecast period.
The POS segment dominated the global thermal printer market in 2017 owing to its wide applications across various industries such as retailing, banking system etc. It has been observed that a large number of small businesses prefer using these devices due to their low cost and easy installation procedures compared to other systems available in the market such as barcode readers or optical scanners used for checkout processes at stores or malls. This factor is expected to fuel product demand over forecast period thus driving overall growth of this industry during future years 2030 & 2029 CE.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of thermal printer manufacturers and OEMs, such as Xerox Corporation; Lanier Group, Inc.; Okidata Corp.; and Hewlett-Packard Development Company. The region is expected to maintain its dominance over the forecast period.
Asia Pacific is projected to be one of the fastest growing regions during the forecast period owing to increasing demand from various application industries for POS printers and mobile printers. Furthermore, rising adoption by small & medium businesses (SMBs) for printing promotional materials onsite is anticipated to drive regional growth over the next eight years.
Growth Factors:
- Increasing demand for thermal printers from retail and hospitality sectors
- Rising demand for thermal printers in Asia Pacific region
- Growing popularity of mobile printing solutions
- Proliferation of low-cost thermal printers
- Increasing adoption of cloud-based printing solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Printer Market Research Report
By Type
Desktop Type, Mobile Type, Other
By Application
POS, Bank System, Medical Device, Others
By Companies
Epson, Brother, CITIZEN, Intermec, SATO, Star Micronics, Zebra, Konica Minolta, Printronix, Samsung, Honeywell, Seiko, Casio, Bixolon, Sharp, Fujitsu, TSC Auto ID Technology, HP, Advantech
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Printer Market Report Segments:
The global Thermal Printer market is segmented on the basis of:
Types
Desktop Type, Mobile Type, Other
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
POS, Bank System, Medical Device, Others
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:
- Epson
- Brother
- CITIZEN
- Intermec
- SATO
- Star Micronics
- Zebra
- Konica Minolta
- Printronix
- Samsung
- Honeywell
- Seiko
- Casio
- Bixolon
- Sharp
- Fujitsu
- TSC Auto ID Technology
- HP
- Advantech
Highlights of The Thermal 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:
- Desktop Type
- Mobile Type
- Other
- By Application:
- POS
- Bank System
- Medical Device
- Others
- 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 Thermal 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 thermal printer is a device that prints documents by using heat to create an image on paper. The heat from the print head melts the ink and causes it to flow onto the paper.
Some of the major players in the thermal printer market are Epson, Brother, CITIZEN, Intermec, SATO, Star Micronics, Zebra, Konica Minolta, Printronix, Samsung, Honeywell, Seiko, Casio, Bixolon, Sharp, Fujitsu, TSC Auto ID Technology, HP, Advantech.
The thermal printer market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermal Printer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thermal Printer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermal Printer Market - Supply Chain
4.5. Global Thermal Printer Market Forecast
4.5.1. Thermal Printer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermal Printer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermal Printer Market Absolute $ Opportunity
5. Global Thermal Printer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thermal Printer Market Size and Volume Forecast by Type
5.3.1. Desktop Type
5.3.2. Mobile Type
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermal Printer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thermal Printer Market Size and Volume Forecast by Application
6.3.1. POS
6.3.2. Bank System
6.3.3. Medical Device
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermal Printer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thermal Printer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thermal Printer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thermal Printer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thermal Printer Demand Share Forecast, 2019-2026
9. North America Thermal Printer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thermal Printer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thermal Printer Market Size and Volume Forecast by Application
9.4.1. POS
9.4.2. Bank System
9.4.3. Medical Device
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermal Printer Market Size and Volume Forecast by Type
9.7.1. Desktop Type
9.7.2. Mobile Type
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thermal Printer Demand Share Forecast, 2019-2026
10. Latin America Thermal Printer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thermal Printer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thermal Printer Market Size and Volume Forecast by Application
10.4.1. POS
10.4.2. Bank System
10.4.3. Medical Device
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermal Printer Market Size and Volume Forecast by Type
10.7.1. Desktop Type
10.7.2. Mobile Type
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thermal Printer Demand Share Forecast, 2019-2026
11. Europe Thermal Printer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thermal Printer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thermal Printer Market Size and Volume Forecast by Application
11.4.1. POS
11.4.2. Bank System
11.4.3. Medical Device
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermal Printer Market Size and Volume Forecast by Type
11.7.1. Desktop Type
11.7.2. Mobile Type
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thermal Printer Demand Share, 2019-2026
12. Asia Pacific Thermal Printer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thermal Printer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thermal Printer Market Size and Volume Forecast by Application
12.4.1. POS
12.4.2. Bank System
12.4.3. Medical Device
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermal Printer Market Size and Volume Forecast by Type
12.7.1. Desktop Type
12.7.2. Mobile Type
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thermal Printer Demand Share, 2019-2026
13. Middle East & Africa Thermal Printer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thermal Printer Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thermal Printer Market Size and Volume Forecast by Application
13.4.1. POS
13.4.2. Bank System
13.4.3. Medical Device
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermal Printer Market Size and Volume Forecast by Type
13.7.1. Desktop Type
13.7.2. Mobile Type
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thermal Printer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermal Printer Market: Market Share Analysis
14.2. Thermal Printer Distributors and Customers
14.3. Thermal Printer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Epson
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Brother
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CITIZEN
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Intermec
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SATO
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Star Micronics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zebra
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Konica Minolta
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Printronix
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Samsung
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Honeywell
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Seiko
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Casio
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Bixolon
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sharp
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Fujitsu
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. TSC Auto ID Technology
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. HP
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Advantech
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
