What is Embedded Printers Market?
Embedded printers are broadly used in various occasions, such as supermarkets, convenience stores, post office, bank, various industries, and many other stores. It is not a normal consumer product, but similar to consumer products. The compact size makes it easy to be embedded in any kind of instruments and meters. Increasing adoption of the cloud software for printing technology has projected the growth of the global embedded printers market in the forecast period.
Highlights from Embedded Printers Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Xerox Corporation (United States), Zebra Technologies Corp (United States), Konica Minolta, Inc. (Japan), Brother Industries, Ltd. (Japan), Lexmark International, Inc. (United States), Kyocera Corporation (Japan), SATO (Japan), Honeywell International Inc. (United States), TSC Auto ID Technology Co., Ltd. (Taiwan), Toshiba (Japan) and Epson (Japan) |
The Vendors having a strong hold in the market are Xerox Corporation, Zebra Technologies Corp, and Konica Minolta, Inc.. Research Analyst at AMA predicts that Asian Vendors will contribute to the maximum growth of Global Embedded Printers market throughout the forecasted period.
Xerox Corporation (United States), Zebra Technologies Corp (United States), Konica Minolta, Inc. (Japan), Brother Industries, Ltd. (Japan), Lexmark International, Inc. (United States), Kyocera Corporation (Japan), SATO (Japan), Honeywell International Inc. (United States), TSC Auto ID Technology Co., Ltd. (Taiwan), Toshiba (Japan) and Epson (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are GODEX (Taiwan), Brady Worldwide, Inc. (United States), Shandong New Beiyang Information Technology Co., Ltd. (China) and cab Produkttechnik GmbH & Co KG (Germany). Embedded Printers Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Manufacturing, Logistics, Banks, Retail and Other |
Type | Desktop, Industrial, Mobile and Others |
Distribution Channel | Online,Offline |
On the basis of geography, the market of Embedded Printers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Efficiencies and Leverage the Internet of Things (IoT) Technologies in Embedded Printers
Market Growth Drivers:
Increasing industrialization and commercial business segment in developed and developing countries such as China, India is the major driver for the global embedded printers market. Printing the invoice and other official documents, embedded printers are widely used in every business segment.
Challenges:
Intense Competition among the Competitors
Restraints:
High Cost Associated with Embedded Printers
Opportunities:
Technological Advancement and Development in the Embedded Printers is Creates Opportunities for Market
Key Target Audience
Embedded Printers Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Research Organizations and Consulting Companies, Venture capitalists, Private Equity Firms, and Startup Companies, Downstream Vendors and End Users
On 9th January 2020, SATO has launched the CT4-LX smart mini label printer today. Equipped with a color touch panel LCD for intuitive operation, the printer is easy to use for operators of varying skill levels, in a space-saving manner, widely across many sectors and geographic regions.