Registering a CAGR of 9.8% over the forecast period, the market value of Direct Thermal Printing Head is expected to reach US$ 4,405.70 million in the year 2027.
The expanding retail industry is expected to drive the global Direct Thermal Printing Head market growth during the forecast period. Retailers are consistently focusing on their point of sale (POS) experience by providing customers with quick and efficient services. Direct Thermal Printing Heads are typically used for superior and high-speed solutions, which are not found in conventional impact printers. Furthermore, thermal printers are less expensive than conventional printers, which encourages their use. Many retail stores in Europe, North America, and Europe have begun to prefer thermal printers over impact printers.
Over the forecast period, the global Direct Thermal Printing Head market is expected to grow due to the rising global population and disposable income. Rapid urbanization is expected to result in the creation of hundreds of millions of middle-class households in the Asia Pacific. This is expected to increase the number of discretionary purchases, particularly from supermarkets and major retail outlets. This, according to the source, will be accompanied by GDP growth in emerging economies such as India, Brazil, South Africa, and China. As a result, market growth is expected to accelerate over the forecast period.
The report aspects discussed the profile of the top manufacturers of the global Direct Thermal Printing Head market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Direct Thermal Printing Head Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
The global Direct Thermal Printing Head includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Kyocera, ROHM, Toshiba Hokut, AOI Electronics, Shandong Hualing (SHEC), Alps Electric, Mitani Micronics and others.
SATO Exceeds Expectations with Universal Industrial Thermal Printer Line Refresh
16 January 2020 - SATO, a global leader in the development of auto-ID and labelling solutions, today introduced the CL4NX Plus, a best-in-class thermal industrial printer designed for durability and dependability in mission-critical track and trace operations worldwide. B2C e-commerce has nearly tripled in size in the five years since the original CL4NX was launched1, but it is dwarfed by the massive demand for B2B e-commerce, which is six times that of B2C globally2. This expansion reflects a growing desire for quick, easy purchases as well as transparency about available inventory, delivery times, and pricing. Online retailers are constantly under pressure to deliver greater accuracy, speed, and dependability.
TSC acquires Diversified Labeling Solutions, Inc. (DLS), a leading provider of labeling solutions.
10 January 2019 - TSC Auto ID Technology, a global leader in the AIDC barcode printer industry, announces the acquisition of Diversified Labeling Solutions, Inc. (DLS).
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
During the forecast period, the North American region is expected to have the largest market share. During the forecast period, Latin America is expected to have the highest growth rate. Europe is the second-largest direct thermal printing head market. In the next five years, APEJ is expected to account for roughly half of the world's top fifty largest economies' sales and to be twice as large as North America, the next largest region in the retail sector.
The Direct Thermal Printing Head Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Direct Thermal Printing Head Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Direct Thermal Printing Head Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Direct Thermal Printing Head Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Direct Thermal Printing Head Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Kyocera, ROHM, Toshiba Hokut, AOI Electronics, Shandong Hualing (SHEC), Alps Electric, Mitani Micronics |
Forecast Period 2022 to 2027 CAGR | CAGR of 9.8% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Kyocera, ROHM, Toshiba Hokut, AOI Electronics, Shandong Hualing (SHEC), Alps Electric, Mitani Micronics |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 138 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Direct Thermal Printing Head Market is studied from 2017 - 2027.
What is the growth rate of the Direct Thermal Printing Head Market?
The Direct Thermal Printing Head Market is growing at a CAGR of 9.8% over the next 5 years.
Who are the key players in Direct Thermal Printing Head Market?
Kyocera, ROHM, Toshiba Hokut, AOI Electronics, Shandong Hualing (SHEC), Alps Electric, Mitani Micronics
What regions does this Direct Thermal Printing Head Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Direct Thermal Printing Head Market?
Thick Film Printhead, Thin Film Printhead
What are the major end-use applications of Direct Thermal Printing Head Market?
POS, Plotting and Recording, Self-Adhesive Labels, Tickets, Other
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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