Indonesia Thermal Printer Market is forecasted to grow at 5.4% with factor such as growing demand for thermal printers due to the increasing usage of RFID and Barcode Printers in retails, manufacturing, and healthcare sectors have significantly boosted the growth of the market.
Thermal printer market has shown an exceptional penetration in Indonesia as the growth in the e-commerce industry and the need for improvement in inventory management is boosting the production of RFID printers, thermal card printers as these devices print and encode information on RFID inlays via thermal label printers or thermal printers, thus boosting the market growth.
Indonesia Thermal Printer Market Scenario
According to Data Bridge Market Research, market leader is Seiko Epson Corporation which accounts an estimated market share of approximately 17.52 % in Indonesia. The company has gained outstanding sale by thermal printer products and entering partnerships which strengthens its product portfolio in the market.
For instance,
- In July 2021, Seiko Epson Corporation launched TM-T88VII POS thermal receipt printer. The key feature of this product was fast speed printing capabilities which offers speed, reliability and flexibility for users. It was specifically designed for hospitality, retail and grocery stores. This product helped the company to expand its product portfolio and expand its global presence.
- In June 2021, Seiko Epson Corporation partnered with Fujitsu. The key objective of this partnership was to enhance flexibility, operational costs while enhancing the customer experience. This partnership focused on designing products by merging and integrating the technologies of existing products such as integrating TM-m30II of Seiko Epson Corporation with U SCAN of Fujitsu. This partnership helped both the companies to share their technologies in improving product quality.
Trends Impacting the Market
The Indonesia thermal printer market is becoming more competitive with companies such as Sieko Epson Corporation, SATO Holdings Corporation, and Toshiba Tec Corporation. These are the top dominating companies. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the Indonesia thermal printer market.
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Thermal Printer Market Developments
- In February 2021, FUJITSU launched Point-Of-Sale Printer FP-2000CL. The key feature of this product was its capability to paper receipts & linerless labels, can do multiple printing tasks and enhances efficiency. This product helped the company to provide multi task printer to consumer which helped the company to expand its market in the region.
- In January 2021, Seiko Epson Corporation launched TM-m50 POS thermal receipt printer. The key feature of this product was its intelligent OmniLink POS printing capabilities which offers reliability, efficiency and convenience for users. It was specifically designed for safe shopping, dining, online ordering, and pickup. This product helped the company to expand its product portfolio of POS printers.
- In January 2021, Toshiba Tec Corporation launched BV400D series desktop printers. The key feature of this desktop thermal printer was its improved user experience, incredibly versatile and print speeds up to 7 inches per second. This was specifically designed for transport and logistics. This product helped the company to expand its market and strengthen its desktop printer portfolio.
Scope of the Thermal Printer Market
Country based analysis of Indonesia thermal printer market is further analysed based on maximum granularity into further segmentation. On the basis of component, the thermal printer market is segmented into hardware, software and service. On the basis of type, the thermal printer market is segmented into POS printers, RFID printers, barcode printers, card printers, kiosk and ticket printers. On the basis of size, the thermal printer market is segmented into large format thermal printers, mini thermal printers, tiny thermal printers, nano thermal printers. On the basis of operating medium, the thermal printer market is segmented into windows, Mac and linux. On the basis of technology, the thermal printer market is segmented into Thermal Transfer (TT), Direct Format Printers (DT), Industrial Format Printers (D2T2). On the basis of format type, the Thermal printer market is segmented into mobile format printers, desktop format printers, industrial format printers. On the basis of application, the thermal printer market is segmented into manufacturing and industrial, commercial, government, others. On the basis of distribution channel, the thermal printer market is segmented into online and offline.
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Key Pointers Covered in Indonesia Thermal Printer Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- Seiko Epson Corporation.
- SATO Holdings Corporation
- Toshiba Tec Corporation
- FUJITSU
- Honeywell International Inc
- BIXOLON CO., LTD.
- Zebra Technologies Corp.,
- TSC Auto ID Technology Co., Ltd.
- STAR MICRONICS CO. LTD.
- Advantech Co., Ltd.
- Hanindo Group
- Wasp Barcode Technologies
Above are the key players covered in the report, to know about more and exhaustive list of Indonesia thermal printer market, contact us https://www.databridgemarketresearch.com/jp/toc/?dbmr=indonesia-thermal-printer-market
Research Methodology: Indonesia Thermal Printer Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Managers, Directors, Industrial Professional, Printer Professional, Thermal Printer Professional, RFID Software Developers, Compact Thermal Printer Developers, Retail Owners, Warehouse Owners, Healthcare Professional, Manufacturing Professional and Wireless Printers Developer
- Supply Side: Service Providers, Thermal Printer Companies, Marketing Managers, Logistics Managers and C-Level Executives among others.
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