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According to a new report Global Thermal Printing Market, published by KBV research, the Global Thermal Printing Market size is expected to reach $53.0 billion by 2023, rising at a market growth of 5.9% CAGR during the forecast period.
The North America market holds the largest market share in Global Barcode Printers Printer Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 4.9 % during the forecast period.
The Europe market is expected to witness a CAGR of 5.3% during (2017 - 2023) in Global Kiosk & Ticket Printers Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 8.3% during (2017 - 2023) in Global POS Printer Market.
The KBV Cardinal Matrix is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years. Based on the Analysis presented in the Cardinal matrix, Toshiba Corporation and Honeywell International, Inc. are the forerunners in the Thermal Printing market.
KBV Cardinal Matrix - Thermal Printing Market
The Industrial Format market holds the largest market share in Global Thermal Printing Market by Format Type in 2016, and would continue to be a dominant market till 2023. The Desktop Format market is expected to witness a CAGR of 6.3% during (2017 - 2023). Additionally, The Mobile Format market would garner market size of $9,545.9 million by 2023.Source: KBV Research Analysis, Company Publications and Secondary Research
The Retail market holds the largest market share in Global Thermal Printing Market by Vertical in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 5.4 % during the forecast period. The Manufacturing & Industrial market is expected to witness a CAGR of 5.6% during (2017 - 2023). Additionally, The Healthcare & Hospitality market is expected to witness highest CAGR of 6.8% during (2017 - 2023).
Full Report: https://www.kbvresearch.com/thermal-printing-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Thermal Printing Market have been discussed in the report with the competition analysis and elaborated company profiles of Zebra Technologies Corporation, Sato Holdings, Honeywell International, Inc., Seiko Epson Corporation, Fujitsu Limited, Toshiba Corporation, Star Micronics Co. Ltd., BIXOLON, Brother Industries, Ltd., and TSC Auto ID Technology Co., Ltd.
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