Videojet Technologies, Inc., MULTIVAC and Hitachi Industrial Equipment Marking Solutions Inc. (a subsidiary of Hitachi, Ltd) are Dominating the Global Thermal Transfer Overprinter Market in 2020

Global Thermal Transfer Overprinter Market is expected to grow with the CAGR of 5.7% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global thermal transfer overprinter market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global thermal transfer overprinter market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In January 2019, Markem-Imaje acquired Systech Solutions, Inc., a provider of traceability and brand-protection software solutions primarily in the pharmaceutical industry. This development helped the company to increase its revenue.
  • In July 2018, Videojet Technologies, Inc. company launched its latest Thermal Transfer Overprinter, with built-in code assurance capabilities in packaging. The product name is Videojet 6230 TTO printer is designed to meet manufactures needs. This development helps the company to increase its revenue.

Videojet Technologies, Inc. is dominating player in the market and the other players in the market are ID Technology, LLC, EDM CORPORATION, Linx Printing Technologies (a subsidiary of Danaher), Domino Printing Sciences plc, Markem-Imaje (a subsidiary of Dover Corporation), FlexPackPRO, Squid Ink, ITW Diagraph, Hitachi Industrial Equipment Marking Solutions Inc. (a subsidiary of Hitachi, Ltd), Koenig & Bauer Coding GmbH (a subsidiary of Koenig & Bauer AG) and CONTROL PRINT LTD., and MULTIVAC among others.

Thermal Transfer Overprinter MarketVideojet Technologies, Inc.

Videojet Technologies, Inc. headquartered in Illinois, U.S. which was founded in 1960 as private ownership. The company is engaged in the manufacturing of coding and marking solution through the broadest range of technologies. The company have wide product category Continuous Inkjet, Laser Marking system, Thermal Transfer Overprinters, Thermal Inkjet Printers, Case Coding and Labeling, Commercial Graphics and Addressing, Videojetconnect, Ink, Ribbons, Parts and Supplies, Track and Trace Solutions, Clarisuite Code Management, Postal Systems and Equipment Lease Options out of which our focused product category is Thermal Transfer Overprinters. The company has wide global presence across the Asia-Pacific, Europe, North America, South America and Middle East and Africa. For instance,

  • In April 2019, Videojet Technologies, Inc. announced its expanded range of TTO products with two new printhead sizes in the Videojet DataFlex 6530 and 6330 series. The machine will take less time, quick, simple and virtually error-proof. This development helps the company to increase its revenue.

MULTIVAC

MULTIVAC is headquartered in Wolfertschwenden, Germany and it was founded in year 1961 as private ownership. The company is engaged in the manufacturing of vacuum chamber machine for packaging and other printing and packaging machines for foodstuffs packaging. The company offers wide range of product categories such as Thermoforms, Tray sealers, Vacuum Machines, Automation, Inspection System, Marking System, Shrinkage and Drying Unit, Portioning, Films and Consumable material under which Marking System is market focused category. The company has presence in Asia-Pacific, Europe, North America, South America and Middle East and Africa. For instance,

  • In October 2017, MULTIVAC launched the new product name TTO 06 thermal transfer printer as product is efficient and flexible and product have maximum printing width is 32 mm. This development helped the company to earn revenue.

Hitachi Industrial Equipment Marking Solutions Inc. (a subsidiary of Hitachi, Ltd)

Hitachi Industrial Equipment Marking Solutions Inc. (a subsidiary of Hitachi, Ltd) is headquartered in Illinois, U.S. and founded in 2015 as private ownership. The company is engaged in the manufacturing of inkjet printers, laser marking equipment, DOD, case coding printers, tape sealers, hot-melt equipment or high-speed labellers. The company has product category which are Product Coding, Case Coding, Labeling Systems, Table Top Printers, Hot Melt Equipment, Tape Sealers & Product Handling, Barcode & Vision Scanners and Supplies out of which Product Coding is market focused segment. The company has wide global presence in North America. For instance,

  • In July 2018, Hitachi Industrial Equipment Marking Solutions Inc. (a subsidiary of Hitachi, Ltd) and L.A. Supply Co. merged to fulfil the increasing demand for the packaging equipment demand in the market. This development helped the company to earn more revenue in the market.