Thermal Printing Market Size

Thermal Printing Market Analysis

The Thermal printing market is excepted to register a CAGR of 5.2% during the forecast period. The growth of demand for thermal barcode printers in the supply chain process is increasing effectively along with growing concerns about product safety and anti-counterfeiting, along with the rising use of thermal printing technology in the most recent on-demand printing applications leads to driving the demand for the market.

• The industry is driven by introducing AIDC (Automatic Identification and Data Capture) technology to increase work rates. Businesses can save and retrieve much information about the product that a barcode is on, thanks to barcodes. They are commonly used in medical and hospitals to identify patients and access information on medical histories, medicine allergies, and other crucial details.
• Moreover, when needed, especially in an emergency, the usage of smart labels aids in the immediate tracking of patients and medical equipment. Labels and tags compatible with numerous operations in the healthcare industry are frequently printed using thermal printers, which helps to increase patient flow, bed utilization, and asset allocation.
• The growing use of wireless technology in portable printers has driven the market. Device manufacturers are turning away from the current all-in-one type of mobile information devices (handheld terminals) due to the widespread use of PDAs (Personal Digital Assistants), which can communicate with PCs and be controlled commercially.
• Further, Examples include applications that require high-resolution text or graphics in small-format output (2.9"x4.1" or 4.1"x5.8") and the ultra-slim, a lightweight mobile printer from Brother. The MW Series provides simple, wireless communication with iPhone, iPad, iPod, Windows, Windows Mobile, and Android devices thanks to MFi Bluetooth wireless technology and universal operating system compatibility. Furthermore, Bluetooth-enabled phones can communicate with wireless printers within 33 feet via radio frequency at 2.4GHz.
• However, there are drawbacks to these printers, too, as the extra heat from this printing frequently damages the print head and raises the cost of repair and replacement.
• Moreover, almost every industry has been negatively impacted by the COVID19 problem, which has disrupted supply chains, nationwide lockdowns, and organizations considering the idea of long-term or even permanent remote working. Many businesses are currently adjusting to account for Covid-19's complex and wide-ranging consequences on the print industry.