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| Portable Printer Market |
Portable printers are compact printing devices that are lightweight and easy to carry. They provide on-the-go printing capabilities for documents, photos, and more. The growing demand for printing solutions that offer mobility and flexibility has accelerated the adoption of portable printers. They are ideal for printing receipts, tickets, labels, and documents outside of an office environment. The global Portable Printer Market is estimated to be valued at US$ 13.58 billion in 2023 and is expected to exhibit a CAGR of 7.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing demand for portable printing across industries such as retail,
healthcare, and hospitality has fueled the growth of the portable printer
market over the recent years. The ability to print receipts, passes, tickets,
and labels on location has encouraged industries to deploy portable printers.
Furthermore, technological advancements enabling features such as Wi-Fi
connectivity and Bluetooth enable the integration of portable printers with
mobile applications and devices. This has increased their adoption in
m-commerce applications. The rising popularity of eco-friendly and affordable
portable label printers for supply chain and warehouse applications is expected
to present lucrative opportunities over the forecast period.
Segment
Analysis
The global portable printer market is dominated by thermal printer segment
accounting for over 60% share. Thermal printers are the most widely used type
of portable printers due to their ease of use and low manufacturing cost. They
work on the principle of direct thermal printing where heated print heads are
used to transfer ink directly onto paper without using ribbons. The steady
adoption of thermal printers across industries like retail, healthcare, banking
etc can be attributed to their small size, light weight, reliability and
ability to print on demand.
Key Takeaways
The global Portable
Printer Market Growth is
expected to witness high growth over the forecast period supported by
increasing mobile workforce and demand for wireless printing solutions.
Regional
analysis: Asia Pacific region is expected to be the fastest growing regional
market for portable printers during the forecast period. Countries like China,
India and Japan are witnessing rapid growth in industries leveraging mobile
workforce like retail, logistics, healthcare etc. which is driving the adoption
of portable printers. Furthermore, presence of leading market players in
countries like China and Japan is also fueling market growth.
Key players operating in the portable printer market are ABET Technologies,
Asahi Spectra, Iwasaki Electric, Meyer Burger Technology, Newport Corporation,
Gsolar Power, OAI, Nisshinbo, Sciencetech, Endeas Oy, Solar Light Company,
Spectrolab, Eternalsun Spire, WASAKI Electric, ETS Solutions Asia, Spire Solar,
Caeleste, AESCO Telecom, Eternal Sun, Class One Equipment. The players are
focusing on new product developments and partnerships with solution providers
to gain competitive edge.
For more insights, read- https://www.ukwebwire.com/portable-printer-market-trends-size-and-share-analysis/
For more details on the report, Read- https://careersplay.com/chai-chickpeas-nourishing-journey-through-the-colors-of-vegan-indian-cuisine
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