What is scope of the report?

The base year for the study has been considered 2019, historic year 2014 and 2018. Read More

What are the significant segments operating in the market?

Market is segmented on the basis. Read More

What are the vital market dynamics?

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. Read More

What does a company profile includes?

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering. Read More

Global Thermal Printing Market by Offering (Supplies, Printer), Printer type (POS printer, Kiosk & Ticket Printers, RFID printers, Card printers, Barcode printers), Format type (Desktop format, Mobile format, Industrial format), Printing technology (Direct Thermal (DT), Thermal Transfer (TT), Dye Diffusion Thermal Transfer (D2T2)), Application (Retail, Transportation & Logistics, Manufacturing & Industrial, Healthcare & Hospitality, Government, Others), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2021 to 2028

Publish Date: Sep, 2022
Report ID: 420002
Category: Electronics
Pages: 234

$4700

The global thermal printing market is expected to grow from USD 35.5 billion in 2020 to reach USD 54 billion by 2028, at a CAGR of 5.4% during the forecast period 2021-2028.

A thermal printer refers to the printer that uses heat to produce the image on paper. Thermal printer is has become popular in airline, banking, retail, grocery and healthcare due to its quality of the speed, print, and technological advances. A thermal printer does not use toner or ink as other printer does. They are also popular in creating labels because of their speed of printing. Thermal printers have advantages over other printers such as Easier to use as there are fewer buttons and use of software involved, Popular in noise-free environments and are great for offices, largely inexpensive and come in various models and sizes, more efficient and faster in printing monochromic ones compared to other forms of printing and more durable compared to other printers. Thermal printers work in two ways, and older models use models heat sensitive paper by placing in roll in a container inside the machine. The heat built up in the device reacts with heat-sensitive paper, and the transfer of pigments occurs on the sheet. For newer machines, ribbon printer cartridges are used, there is wax material stored inside, paper is fed through the slot located between print heat and roller, and heat waxy substance gets melt and sticks onto the paper.

The factors driving the market are industrialization, population, and disposable income are the prime factors that can drive the thermal printing market. Also, its increasing usage in healthcare industries and the retail industry due to its expansion can raise the demand for thermal printing. Automatic identification and data capture technologies for product improvement and the growth of the e-commerce industry. The factors restraining the market growth are Inkjet and laser printing solutions, the poor image and their heat setting problems. The opportunities available for the market growth are AI operated wi-fi enabled thermal printers.

The study delivers the comprehensive analysis of offering, printer type, format type, printing technology, application and region. The offering segment includes Supplies, Printer. The Supplies segment held the largest market share owing to ensure high print quality and reduced wear & tear in printer. The printer type segment includes POS printer, Kiosk & Ticket Printers, RFID printers, Card printers, Barcode printers. The Barcode printers held the largest market share owing to the improved asset management and inventory, data precision, and consistency. The format type segment includes Desktop format, Mobile format, Industrial format. Mobile format segment held the largest market share owing to its properties like Durability, easy to use, and lightweight. The printing technology segment includes Direct Thermal (DT), Thermal Transfer (TT), Dye Diffusion Thermal Transfer (D2T2). The thermal transfer (TT) segment held the largest market share owing to the production of durable images on a wide range of materials. The application segment includes Retail, Transportation & Logistics, Manufacturing & Industrial, Healthcare & Hospitality, Government, Others. Healthcare and hospitality segment held the largest market share owing to the digitalization in the healthcare sector.

The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America regions holds the largest market share U.S owing to the advanced technology and presence of key players in this region. Honeywell International (US), Zebra Technologies (US), NCR Corporation (US), and Avery Dennison (US) are among a few of the providers of thermal printers having a presence in North America.

Some of the notable players in the market are Bixolon, Honeywell International, Inc., Fujitsu Ltd., Sato Holdings Corporation, Brother Industries Ltd., Seiko Epson Corporation, Toshiba Corporation, TSC Auto ID Technology Co. Ltd., Avery Dennison Inc., Wasp Barcode Technologies, Star Micronics Co. Ltd., Zebra Technologies Corp., and NCR Corporation. These Companies are adopting strategic initiatives, such as production capacity expansion, acquisitions, and mergers, to tap extra market share and increase their business productivity.

Global Thermal Printing Market Analysis and Forecast, Offering

Supplies
Printer

Global Thermal Printing Market Analysis and Forecast, Printer type

POS printer
Kiosk & Ticket Printers
RFID printers
Card printers
Barcode printers

Global Thermal Printing Market Analysis and Forecast, Format type

Desktop format
Mobile format
Industrial format

Global Thermal Printing Market Analysis and Forecast, Printing Technology

Direct Thermal (DT)
Thermal Transfer (TT)
Dye Diffusion Thermal Transfer (D2T2)

Global Thermal Printing Market Analysis and Forecast, Application

Retail
Transportation & Logistics
Manufacturing & Industrial
Healthcare & Hospitality
Government
Others

Global Thermal Printing Market Analysis and Forecast, Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Sweden
- Netherland
- U.K.
- Italy
- Spain
- Turkey
- Switzerland
- Belgium
- Rest Of Europe
Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Malaysia
- Thailand
- Indonesia
- Philippines
- Rest Of APAC
South America
- Brazil
- Argentina
- Peru
- Colombia
- Rest Of South America
Middle East And Africa
- UAE
- Saudi Arabia
- Egypt
- Nigeria
- South Africa
- Rest Of MEA

Report Description:

The base year for the study has been considered 2020, historic year 2018 and 2019, the forecast period considered is from 2021 to 2028.
The study delivers a comprehensive analysis of global market for all segments and region
The report offers in-depth analysis of driving factors, opportunities and restraints for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2021 to 2028.
Porter’s Five Forces model is used in order to recognize the competitive scenario in the market. This report incorporates the industry analysis which is focused on providing an extensive view of the market.
The study also includes attractiveness analysis of all segments and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunist for understanding the future growth of the market.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

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1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Offering
          4.3.2. Market Attractiveness Analysis By Printing type
          4.3.3. Market Attractiveness Analysis By Format type
          4.3.4. Market Attractiveness Analysis By Printing technology
          4.3.5. Market Attractiveness Analysis By Application
          4.3.6. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Increase in industrialization and disposal income
          5.2.2. Automatic identification and data capturing
    5.3. Restrains
          5.3.1. Increasing popularity of RFID labels
    5.4. Opportunities
          5.4.1. AI operated Wi-fi enabled thermal printers
6. Global Thermal Printing Market Analysis and Forecast, By Offering
    6.1. Segment Overview
    6.2. Supplies
    6.3. Printer
7. Global Thermal Printing Market Analysis and Forecast, By Printing type
    7.1. Segment Overview
    7.2. POS printer
    7.3. Kiosk & Ticket Printers
    7.4. RFID printers
    7.5. Card printers
    7.6. Barcode printers
8. Global Thermal Printing Market Analysis and Forecast, By Format type
    8.1. Segment Overview
    8.2. Desktop format
    8.3. Mobile format
    8.4. Industrial format
9. Global Thermal Printing Market Analysis and Forecast, By Printing technology
    9.1. Segment Overview
    9.2. Direct Thermal (DT)
    9.3. Thermal Transfer (TT)
    9.4. Dye Diffusion Thermal Transfer (D2T2)
10. Global Thermal Printing Market Analysis and Forecast, By Application
    10.1. Segment Overview
    10.2. Retail
    10.3. Transportation & Logistics
    10.4. Manufacturing & Industrial
    10.5. Healthcare & Hospitality
    10.6. Government
    10.7. Others
11. Global Thermal Printing Market Analysis and Forecast, By Regional Analysis
    11.1. Segment Overview
    11.2. North America
          11.2.1. U.S.
          11.2.2. Canada
          11.2.3. Mexico
    11.3. Europe
          11.3.1. Germany
          11.3.2. France
          11.3.3. U.K.
          11.3.4. Italy
          11.3.5. Spain
    11.4. Asia-Pacific
          11.4.1. Japan
          11.4.2. China
          11.4.3. India
    11.5. South America
          11.5.1. Brazil
    11.6. Middle East and Africa
          11.6.1. UAE
          11.6.2. South Africa
12. Global Thermal Printing Market-Competitive Landscape
    12.1. Overview
    12.2. Market Share of Key Players in Global Thermal Printing Market
          12.2.1. Global Company Market Share
          12.2.2. North America Company Market Share
          12.2.3. Europe Company Market Share
          12.2.4. APAC Company Market Share
    12.3. Competitive Situations and Trends
          12.3.1. Product Launches and Developments
          12.3.2. Partnerships, Collaborations, and Agreements
          12.3.3. Mergers & Acquisitions
          12.3.4. Expansions
13. Company Profiles
    13.1. Bixolon
          13.1.1. Business Overview
          13.1.2. Company Snapshot
          13.1.3. Company Market Share Analysis
          13.1.4. Company Product Portfolio
          13.1.5. Recent Developments
          13.1.6. SWOT Analysis
    13.2. Honeywell International, Inc.
          13.2.1. Business Overview
          13.2.2. Company Snapshot
          13.2.3. Company Market Share Analysis
          13.2.4. Company Product Portfolio
          13.2.5. Recent Developments
          13.2.6. SWOT Analysis
    13.3. Fujitsu Ltd.
          13.3.1. Business Overview
          13.3.2. Company Snapshot
          13.3.3. Company Market Share Analysis
          13.3.4. Company Product Portfolio
          13.3.5. Recent Developments
          13.3.6. SWOT Analysis
    13.4. Sato Holdings Corporation
          13.4.1. Business Overview
          13.4.2. Company Snapshot
          13.4.3. Company Market Share Analysis
          13.4.4. Company Product Portfolio
          13.4.5. Recent Developments
          13.4.6. SWOT Analysis

    13.5. Brother Industries Ltd.
          13.5.1. Business Overview
          13.5.2. Company Snapshot
          13.5.3. Company Market Share Analysis
          13.5.4. Company Product Portfolio
          13.5.5. Recent Developments
          13.5.6. SWOT Analysis
    13.6. Seiko Epson Corporation
          13.6.1. Business Overview
          13.6.2. Company Snapshot
          13.6.3. Company Market Share Analysis
          13.6.4. Company Product Portfolio
          13.6.5. Recent Developments
          13.6.6. SWOT Analysis
    13.7. Toshiba Corporation
          13.7.1. Business Overview
          13.7.2. Company Snapshot
          13.7.3. Company Market Share Analysis
          13.7.4. Company Product Portfolio
          13.7.5. Recent Developments
          13.7.6. SWOT Analysis
    13.8. TSC Auto ID Technology Co. Ltd.
          13.8.1. Business Overview
          13.8.2. Company Snapshot
          13.8.3. Company Market Share Analysis
          13.8.4. Company Product Portfolio
          13.8.5. Recent Developments
          13.8.6. SWOT Analysis
    13.9. Avery Dennison Inc
          13.9.1. Business Overview
          13.9.2. Company Snapshot
          13.9.3. Company Market Share Analysis
          13.9.4. Company Product Portfolio
          13.9.5. Recent Developments
          13.9.6. SWOT Analysis
    13.10. Wasp Barcode Technologies
          13.10.1. Business Overview
          13.10.2. Company Snapshot
          13.10.3. Company Market Share Analysis
          13.10.4. Company Product Portfolio
          13.10.5. Recent Developments
          13.10.6. SWOT Analysis
    13.11. Star Micronics Co. Ltd.
          13.11.1. Business Overview
          13.11.2. Company Snapshot
          13.11.3. Company Market Share Analysis
          13.11.4. Company Product Portfolio
          13.11.5. Recent Developments
          13.11.6. SWOT Analysis
    13.12. Zebra Technologies Corp.
          13.12.1. Business Overview
          13.12.2. Company Snapshot
          13.12.3. Company Market Share Analysis
          13.12.4. Company Product Portfolio
          13.12.5. Recent Developments
          13.12.6. SWOT Analysis
    13.13. NCR Corporation
          13.13.1. Business Overview
          13.13.2. Company Snapshot
          13.13.3. Company Market Share Analysis
          13.13.4. Company Product Portfolio
          13.13.5. Recent Developments
          13.13.6. SWOT Analysis

List of Table

1. Global Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

2. Global Supplies, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

3. Global Printer, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

4. Global Thermal Printing Market, By Printer type, 2018-2028 (USD Billion)

5. Global POS Printer, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

6. Global Kiosk & ticket printers, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

7. Global RFID Printers, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

8. Global Card Printers, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

9. Global Barcode Printers, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

10. Global Thermal Printing Market, By Format type, 2018-2028 (USD Billion)

11. Global Desktop format, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

12. Global Mobile format, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

13. Global Industrial format, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

14. Global Thermal Printing Market, By Printing technology, 2018-2028 (USD Billion)

15. Global Direct thermal (DT), Thermal Printing Market, By Region, 2018-2028 (USD Billion)

16. Global Thermal transfer (TT), Thermal Printing Market, By Region, 2018-2028 (USD Billion)

17. Global Dye diffusion thermal transfer (D2T2), Thermal Printing Market, By Region, 2018-2028 (USD Billion)

18. Global Thermal Printing Market, By Application, 2018-2028 (USD Billion)

19. Global Retail, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

20. Global Transportation and logistics, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

21. Global Manufacturing and industrial, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

22. Global Healthcare and hospitality, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

23. Global Government, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

24. Global Others, Thermal Printing Market, By Region, 2018-2028 (USD Billion)

25. North America Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

26. North America Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

27. North America Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

28. North America Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

29. North America Thermal Printing Market, By Application, 2018-2028 (USD Billion)

30. U.S. Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

31. U.S. Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

32. U.S. Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

33. U.S. Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

34. U.S. Thermal Printing Market, By Application, 2018-2028 (USD Billion)

35. Canada Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

36. Canada Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

37. Canada Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

38. Canada Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

39. Canada Thermal Printing Market, By Application, 2018-2028 (USD Billion)

40. Mexico Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

41. Mexico Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

42. Mexico Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

43. Mexico Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

44. Mexico Thermal Printing Market, By Application, 2018-2028 (USD Billion)

45. Europe Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

46. Europe Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

47. Europe Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

48. Europe Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

49. Europe Thermal Printing Market, By Application, 2018-2028 (USD Billion)

50. Germany Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

51. Germany Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

52. Germany Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

53. Germany Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

54. Germany Thermal Printing Market, By Application, 2018-2028 (USD Billion)

55. France Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

56. France Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

57. France Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

58. France Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

59. France Thermal Printing Market, By Application, 2018-2028 (USD Billion)

60. U.K. Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

61. U.K. Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

62. U.K. Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

63. U.K. Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

64. U.K. Thermal Printing Market, By Application, 2018-2028 (USD Billion)

65. Italy Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

66. Italy Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

67. Italy Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

68. Italy Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

69. Italy Thermal Printing Market, By Application, 2018-2028 (USD Billion)

70. Spain Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

71. Spain Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

72. Spain Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

73. Spain Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

74. Spain Thermal Printing Market, By Application, 2018-2028 (USD Billion)

75. Asia Pacific Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

76. Asia Pacific Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

77. Asia Pacific Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

78. Asia Pacific Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

79. Asia Pacific Thermal Printing Market, By Application, 2018-2028 (USD Billion)

80. Japan Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

81. Japan Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

82. Japan Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

83. Japan Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

84. Japan Thermal Printing Market, By Application, 2018-2028 (USD Billion)

85. China Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

86. China Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

87. China Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

88. China Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

89. China Thermal Printing Market, By Application, 2018-2028 (USD Billion)

90. India Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

91. India Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

92. India Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

93. India Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

94. India Thermal Printing Market, By Application, 2018-2028 (USD Billion)

95. South America Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

96. South America Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

97. South America Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

98. South America Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

99. South America Thermal Printing Market, By Application, 2018-2028 (USD Billion)

100. Brazil Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

101. Brazil Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

102. Brazil Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

103. Brazil Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

104. Brazil Thermal Printing Market, By Application, 2018-2028 (USD Billion)

105. Middle East and Africa Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

106. Middle East and Africa Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

107. Middle East and Africa Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

108. Middle East and Africa Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

109. Middle East and Africa Thermal Printing Market, By Application, 2018-2028 (USD Billion)

110. UAE Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

111. UAE Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

112. UAE Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

113. UAE Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)

114. UAE Thermal Printing Market, By Application, 2018-2028 (USD Billion)

115. South Africa Thermal Printing Market, By Offering, 2018-2028 (USD Billion)

116. South Africa Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)

117. South Africa Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)

118. South Africa Thermal Printing Market, By Product, 2018-2028 (USD Billion)

119. South Africa Thermal Printing Market, By Type, 2018-2028 (USD Billion)

List of Figures

1. Global Thermal Printing Market Segmentation

2. Global Thermal Printing Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis

7. Value Chain Analysis

8. Global Thermal Printing Market Attractiveness Analysis By Offering

9. Global Thermal Printing Market Attractiveness Analysis By Printing Type

10. Global Thermal Printing Market Attractiveness Analysis By Format Type

11. Global Thermal Printing Market Attractiveness Analysis By Printing Technology

12. Global Thermal Printing Market Attractiveness Analysis By Application

13. Global Thermal Printing Market Attractiveness Analysis By Region

14. Global Thermal Printing Market: Dynamics

15. Global Thermal Printing Market Share by Offering (2021 & 2028)

16. Global Thermal Printing Market Share by Printing type (2021 & 2028)

17. Global Thermal Printing Market Share by Format type (2021 & 2028)

18. Global Thermal Printing Market Share by Printing technology (2021 & 2028)

19. Global Thermal Printing Market Share by Application (2021 & 2028)

20. Global Thermal Printing Market Share by Regions (2021 & 2028)

21. Global Thermal Printing Market Share by Company (2020)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

Market research helps businesses strengthen a company’s position
Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
Market research helps in identifying the potential threats and opportunities associated with the business industry
Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

Data Collection
Data Synthesis
Market Deduction & Formulation
Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends.
Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information.

We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:

Export & Import Data
Business Information related to trade and its statistics
Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.

In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
Examining demographic along with psychographic segmentation for market evaluation
Analyzing the macro and micro-economic indicators for each demography
Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology.

Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.

The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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Testimonials

Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –

Kennedy Brown
Health Technology Innovation
United States

Hi Rahul,
Thank You for the report it is good and beneficial for me.
Thank You in Advance

Mika Salomäki

Dear Siddhartha,
Thank you for your fast reply. The report arrived safe and sound, evrything looks all right.
Thank you very much for your assitance and I will be looking forward to another opportunity for cooperation.

ONDŘEJ ŠUPKA
Analytics Department
ČESKÁ ZBROJOVKA A.S.

Dear Siddhartha,
The report looks good, and we believe the material mix is more realistic now. It is good to know you report “Net” Manufacturing Selling Price, as that can make a difference in how we view the numbers. The reports were great and we appreciate your working with us.
Thanks for all your help!