The market may be categorized based on applications like POS terminals, self-adhesive labels, plotting and recording,
barcode/label aspects, fax machine, ATM, handheld printers, and others could be explored in the thermal printhead
in the forecast period.
Globally, North America accounted for the substantial market share of thermal printhead and is estimated to lead the
overall market in the years to come. The reason behind the overall market growth could be the presence of key
manufacturers in the region, the rising use of enhanced technology for the latest innovations, and the rising demand
for the thermal printhead. The United States is a major consumer of the thermal printhead in this region.
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Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second
largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the
forecast period. The developing countries like India and China are the major consumers of the thermal printhead in
this region.
The key players of the thermal printhead market are Shandong Hualing, Toshiba Hokuto Electronics Co, Mitsubishi
Electric, AOI Electronics, Kyocera, Printronix, ROHM, Gulton, and Mitani Micro. These players are concentrating on
inorganic growth to sustain themselves amidst fierce competition.
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Market Segment:
Key Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America