Global Thermal Printhead Market Outlook 2018-2023

Global thermal printhead market is estimated to expand at a substantial CAGR in the forecast period as the scope, product types, and its applications are increasing across the globe. Thermal printing is a digital printing procedure that implies selectively heating coated thermal paper as it passes over the thermal print head.
  
The factors that propel the growth of the market include increasing demand, innovation, increasing demand in retail applications, increasing government funding, and increasing demand from a developed region. On the other hand, there are factors that may hamper the growth of the market including the high cost of raw material and price fluctuation. 

Thermal printhead market may be explored by product type, application, and geography. Market by product type could span Thin Film Thermal Printhead and Thick Film Thermal Printhead. market could be explored based on application as Self-Adhesive Labels, POS Applications, Tickets, Plotting and Recording, and others. 

Thermal printhead market is categorized based on geography into North America, Latin America, Japan, Middle East, and Africa, Western Europe, Asia Pacific, and Eastern Europe. North America accounted for the major share of the market in 2016 and will continue to lead in the forecast period. The key factors that may attributed to the growth of the market include increasing demand in retail applications, such as inventory management, smart packaging, and transportation and warehousing and logistics applications. Japan is the major producing country of the Thermal printhead. North America is followed by the European region. 

The key players contributing to the robust growth of the thermal printhead market comprise Shandong Hualing (SHEC), Kyocera, ROHM, Mitani Micro, AOI Electronics, Toshiba Hokuto and Gulton. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

The report segments the market and forecasts its size, by volume and value, on the basis of product, by application, and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The report covers forecast and analysis for the thermal printhead market on a global and regional level. The study provides historic data of 2013-2017 along with a forecast from 2018 to 2023 based on both output/volume and revenue. The study then describes the drivers and restraints for the thermal printhead market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the thermal printhead market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global thermal printhead market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

The research report provides analysis and information according to market segments such as geographies, types and applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2023. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global thermal printhead market.

Key Regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- request free sample to get a complete list of companies

Key Questions Answered in this Report
- What will the market size be in 2023?
- What are the key factors driving the global thermal printhead market?
- What are the challenges to market growth?
- Who are the key players in the thermal printhead market?
- What are the market opportunities and threats faced by the key players?