The global mobile printer market
is segmented into technology such as thermal, inject and impact.
Further, thermal mobile printer is classified into direct thermal and thermal
transfer. Among these segments, thermal
mobile printer segment captured the biggest market in overall mobile printer
market and is expected to capture a significant CAGR by 2024. Further, wide
scale application of thermal mobile printer in transportation and logistics is
believed to flourish the growth of thermal mobile printer segment. Moreover,
development of technologically advanced mobile printers such as thermal mobile printer
which uses thermal papers is expected to garner the growth of mobile printer market.
Global mobile printer market is
expected to grow at a noteworthy CAGR of 20.1% over the forecast period.
Moreover, the global
mobile printer market is projected to attain significant revenue
growth during the forecast period. The market is expected to expand owing to
the wide scale utilization of mobile printers.
The transportation and
logistics segment is expected to attain an outstanding CAGR over the forecast
period. Moreover, rising number of population across the globe coupled with
increasing transportation activities is augmented the demand for highly
advanced printing machines to print the tickets, inventory and others is
projected to foster the growth of transportation and logistics segment. In terms of geography, Asia Pacific captured
the largest market share of global mobile printers in 2016. Furthermore, Asia
Pacific grabbed more than 38.2% share in overall Mobile printer market. In Asia
Pacific, China is the prominent market of Mobile printers. Additionally, presence
of major key players of mobile printers in this region such as Toshiba Tec
Corporation is also triggering the growth of mobile printer market.
Wide Scale Application of Mobile Printers
Factors such as rising utilization of mobile printers
for Shipping labels, invoices, parcel tracking, delivery notes, and others is
one of the key factors driving the growth of the global mobile printers market.
Further, printing prescriptions on hospital wards and it can also
caters operatives and public transport (tickets, fines, utility billing and
meter reading is also envisioned to bolster the growth of the mobile printers
globally.
Technological Advancement of Mobile Printers
Rapidly evolving printer
industry along with growth demand for portable printer which can be placed in a
small place is augmenting the demand for mobile printers which in turn boost
the revenue of mobile printers. Furthermore, development of mobile computing
along with wireless communication technologies is expected to fuel the demand
for the mobile printers during the forecast period.
On the contrary, lacks of
awareness regarding the mobile printers are likely to hamper the growth of the mobile
printer market by the end of 2024.
The
report titled “Mobile Printer Market: Global Historical Growth
(2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity
Evaluation” delivers
detailed overview of the global mobile printer market in terms of market
segmentation by technology, by end-users and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth drivers,
restraints, supply and demand risk, market attractiveness, BPS analysis and
Porter’s five force model.
This report also provides the
existing competitive scenario of some of the key players of the global mobile
printer market which includes company profiling of
Impression Technology, Roland DGA Corporation, Shenzhen Maxcan Printing
Machinery Equipment Co. Ltd., MeiTu Digital Indusrty Co., Ltd., Direct Color
Systems, Sun Innovations, Gateway Technology Industry Co., Ltd., Axis
Enterprises, Techwin Technology Co., Ltd., YOTTA UV Printers. The
profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global Mobile printer market
that will help industry consultants, equipment manufacturers, existing players
searching for expansion opportunities, new players searching possibilities and
other stakeholders to align their market centric strategies according to the
ongoing and expected trends in the future.
About Research
Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties.
Read more Information: https://www.researchnester.com/reports/mobile-printer-market/563
Contact for more
Info:
Ajay
Daniel
U.S.
+1 646 586 9123
U.K.
+44 203 608 5919
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