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The thermal printing market was valued at USD 37.66 billion in 2017 and is expected to reach USD 50.45 billion by 2023NEW YORK, Nov. 28, 2017 /PRNewswire/ -- The adoption of automatic identification and data capture (AIDC) technologies for productivity improvement drives the growth of the thermal printing market Thermal printing market in APAC is expected to grow at the highest CAGR between 2017 and 2023 APAC is one of the prospective markets for this technology. APAC leads the market for the retail application, in terms of size. Moreover, APAC has the presence of retailers such as Seven & I Holdings Company, Isetan, Aeon Company, and Gome Electrical Appliances, which provide barcode and RFID printers to various industries. These factors are expected to boost the thermal printer market in APAC. The Asian markets, mainly in Japan, India, and China, are more likely to lead the thermal printing market in the coming years in terms of technological adaptability and market size. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key experts. The break-up of the profiles of primary participants is as follows: • By Company Type: Tier 1—55 %, Tier 2—20%, and Tier 3—25% • By Designation: C-Level Executives—34%, Directors—33%, and Others—33% • By Geography: North America—37%, Europe—34%, APAC—20%, and RoW—9% Companies that provide a range of customized solutions to customers are expected to emerge as the game changers. This report profiles some of the following key printer manufacturers in this market. 1. Zebra Technologies (US) 2. SATO Holdings (Japan) 3. Epson (Japan) 4. Star Micronics (Japan) 5. Honeywell (US) 6. Bixolon (South Korea) 7. Fujitsu (Japan) 8. Brother International (Japan) 9. Toshiba TEC (Japan) 10. TSC Auto ID (Taiwan) Research Coverage This report covers the thermal printing market based on offering, printer type, printer format, printing technology, application, and geography. A detailed analysis of the key industry players has been done to provide insights into their business, products and services, and key strategies including product launches and developments, mergers and acquisitions, partnerships, agreements, and collaborations associated with the thermal printing market. Key Benefits of Buying the Report The report would help the market leaders or new entrants in the following ways: 1. This report segments the overall market comprehensively and provides the closest approximations for the size of the global thermal printing market and that for different applications and regions. 2. The report helps stakeholders understand the pulse of the market and provides them information on key drivers, restraints, challenges, and opportunities in the thermal printing market. 3. This report would help stakeholders to better understand their competitors and gain more insights to enhance their position in the market. The competitive landscape section includes competitor ecosystem, product launches and developments, partnerships, and mergers and acquisitions in the thermal printing market. Read the full report: https://www.reportlinker.com/p05222515 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/the-thermal-printing-market-was-valued-at-usd-3766-billion-in-2017-and-is-expected-to-reach-usd-5045-billion-by-2023-300563145.html SOURCE Reportlinker |