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Indonesia Thermal Printer Market – Industry Trends and Forecast to 2030

Semiconductors and Electronics

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Indonesia Thermal Printer Market – Industry Trends and Forecast to 2030

  • Semiconductors and Electronics
  • Upcoming Report
  • Jul 2023
  • Country Level
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Indonesia Thermal Printer Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2030
Diagram Market Size (Base Year) USD MILLION
Diagram Market Size (Forecast Year) USD 1,025.22
Diagram CAGR %

Major Markets Players

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Indonesia Thermal Printer Market, By Component (Hardware, Software, Services), Type (POS Printers, RFID Printers, Barcode Printers, Card Printers, KIOSK and Ticket Printers), Size (Large Format Thermal Printers, Mini Thermal Printers, Tiny Thermal Printers, Nano Thermal Printers), Operating Medium (Windows, Mac and Linux), Technology (Thermal Transfer (TT), Direct Format Printers (DT), Dye Diffusion Thermal Transfer (D2t2)), Format Type (Mobile Format Printers, Desktop Format Printers, Industrial Format Printers), Application (Manufacturing and Industrial, Commercial, Government, Others), Distribution Channel (Offline, Online) - Industry Trends and Forecast to 2030.

Indonesia Thermal Printer Market Analysis and Size

Thermal printers are widely used in various industries, including retail, hospitality, healthcare, logistics, and transportation, for printing receipts, labels, tickets, and other documents. With the proliferation of mobile devices and the need for on-the-go printing, there has been a huge demand for portable and wireless thermal printers. Moreover, in recent times thermal printing technology continues to evolve, leading to improved printing speeds, durability, and higher resolution. Innovations such as near-field communication (NFC) capabilities, bluetooth connectivity, and integration with cloud-based services are becoming more common, offering enhanced functionality. These factors are adding the growth as well as the demand for the thermal printers in the country.

Indonesia thermal printer market is expected to gain market growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.4% in the forecast period of 2023 to 2030 and is expected to reach USD 1,025.22 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Indonesia Thermal Printer Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Component (Hardware, Software, Services), Type (POS Printers, RFID Printers, Barcode Printers, Card Printers, KIOSK and Ticket Printers), Size (Large Format Thermal Printers, Mini Thermal Printers, Tiny Thermal Printers, Nano Thermal Printers), Operating Medium (Windows, Mac and Linux), Technology (Thermal Transfer (TT), Direct Format Printers (DT), Dye Diffusion Thermal Transfer (D2t2)), Format Type (Mobile Format Printers, Desktop Format Printers, Industrial Format Printers), Application (Manufacturing and Industrial, Commercial, Government, Others), Distribution Channel (Offline, Online)

Countries Covered

Indonesia

Market Players Covered

SATO Holdings Corporation (Japan), FUJITSU (Japan), Hanindo Group (Indonesia), BIXOLON CO., LTD. (South Korea), Seiko Epson Corporation (Japan), Advantech Co., Ltd. (Taiwan), Zebra Technologies Corp. (United States), STAR MICRONICS CO. LTD. (Japan), Honeywell International Inc. (United States), Toshiba Tec Corporation (Japan), Wasp Barcode Technologies (United States), TSC Auto ID Technology Co., Ltd. (Taiwan)

Market Opportunities

  • The growing use of RFID and thermal barcode printers in retails
  • Implementation of thermal printing in healthcare applications

Market Definition

A thermal printer is a printer that uses heat in order to produce an image on paper. This process creates images with high print quality and helps the print to last longer. There are various advantages that thermal printers offer, such as quality of print, speed, and accuracy in printing. Moreover, with technological advancement, thermal printers are widely getting adopted in various industries such as airline, banking, entertainment, warehouse, retail, grocery, manufacturing and healthcare industries. In general, thermal printing does not use ink or toner like many other printers, but it largely depends on thermal papers for producing the images. There are two major classes of thermal printers such as direct thermal and thermal transfer. Thermal transfer class printers use a heated print head that applies that heat to a ribbon/strip that has a wax/resin coating. On the other hand, direct class thermal printers create images directly on the printed material, which are chemically coated or heat-sensitive material that blackens when the thermal print head is applied. There are various types of thermal printers, such as Mobile, Desktop, Industrial, Print Engines, and POS printers.

Indonesia Thermal Printer Market Dynamics

Drivers

  • Growing adoption of automatic identification and data capture (AIDC) technologies

Automatic Identification and Data Capture (AIDC) is a category of technologies used to collect/store information about an individual, object, audio and image without manual entry. The most commonly used technology to identify and capture data is barcodes. AIDC systems are used in various sectors, such as distribution, manufacturing, transportation and retail, among many others. Technologies and equipment used in AIDC technologies are radio frequency identification (RFID), barcode, voice recognition, labels, magnetic strips, multi-modal data collection and optical character recognition.

  • Upsurge in demand for wireless mobile thermal printers

With advancement in technology the concept of wireless mobile thermal printer came into existence. This allowed user to generate hard copy of the gathered information using digital devices such as universal serial bus (USB) or Bluetooth. Mobile thermal printer are smaller, compact in size and wireless in nature, which allows the user to move freely & allowed user to carry out the device from one place to another with ease. The devices are durable and lightweight, which enables the user to easily use the device in different environments.

Opportunities

  • Growing usage of RFID and thermal barcode printers in the retail sector

Thermal barcode printers work using controlled heat to create an image onto the media. There are two thermal print technologies direct thermal and thermal transfer. In direct thermal printing, the print head applies heat on to coated thermal media, which turns dark when heat is applied. In thermal-transfer printing, the print head heats a ribbon that transfers wax or resin to the media

Restraints/Challenges

Cost of thermal printers are quite high, as the materials used in the thermal printing process are considerably more expensive. The thermal printers consist of various parts such as a thermal head, auto cutter unit, circuit board, platen, spring and thermal print rolls. This contributes to the cost of thermal printers. Adding to this, thermal printers use a print head that consists of rows of tiny heating elements which is in the form of needles. These needles are propelled toward the paper when the coil is energized. These needles impact an inked ribbon or the coated paper, causing the paper or the paper behind the ribbon to be marked. Collectively these tiny heating elements can generate up to 400 degrees C

Recent Development

  • In February 2021, BIXOLON CO., LTD. Launched SRP-S320 Linerless Label Printer. The key feature of this thermal printer was a high media roll capacity of up to 120 mm outside diameter. Moreover, it featured an enhanced silicone-coated Platen Roller with an embossed surface to ensure smooth printing. This product was well received in the retail industry and helped the company to expand its market.

Indonesia Thermal Printer Market Scope

Indonesia thermal printer market is segmented into six notable segments, which are based on component, type, size, operating medium, technology, format type, application, and distribution type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

  • Hardware
  • Software
  • Services

Type

  • POS Printers
  • RFID Printers
  • Barcode Printers
  • Card Printers
  • KIOSK
  • Ticket Printers

 Size

  • Large Format Thermal Printers
  • Mini Thermal Printers
  • Tiny Thermal Printers
  • Nano Thermal Printers

Operating Medium

  • Windows
  • Mac
  • Linux

Technology

  • Thermal Transfer (TT)
  • Direct Format Printers (DT)
  • Dye Diffusion Thermal Transfer (D2t2)

Format Type

  • Mobile Format Printers
  • Desktop Format Printers
  • Industrial Format Printers

Application

  • Manufacturing and Industrial
  • Commercial
  • Government
  • Others

Distribution Channel

  • Offline
  • Online

Competitive Landscape and Indonesia Thermal Printer Market Share Analysis

Indonesia thermal printer market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the Indonesia thermal printer market.

Some of the major players operating in the Indonesia thermal printer market are:

  • SATO Holdings Corporation (Japan)
  • FUJITSU (Japan)
  • Hanindo Group (Indonesia)
  • BIXOLON CO., LTD. (South Korea)
  • Seiko Epson Corporation (Japan)
  • Advantech Co., Ltd. (Taiwan)
  • Zebra Technologies Corp. (United States)
  • STAR MICRONICS CO. LTD. (Japan)
  • Honeywell International Inc. (United States)
  • Toshiba Tec Corporation (Japan)
  • Wasp Barcode Technologies (United States)
  • TSC Auto ID Technology Co., Ltd. (Taiwan)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.

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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The Indonesia thermal printer market is known to be worth USD 1,025.22 million by 2030.
The Indonesia thermal printer market growth rate is 5.4% by 2030.
Growing adoption of automatic identification and data capture (aidc) technologies & upsurge in demand for wireless mobile thermal printers are the growth drivers of the Indonesia thermal printer market.
Component, type, size, operating medium, technology, format type, application, and distribution type are the factors on which the Indonesia thermal printer market research is based.
Manufacturing and Industrial, Commercial & Government are the Indonesia thermal printer market applications.
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