(Wireless-NewsWire.Com, June 19, 2018 ) GLOBAL PORTABLE PRINTER MARKET was valued at USD 5.53 Billion in the year 2017. Global Portable Printer market is further estimated to grow at a CAGR of 17.92% from 2018 to reach USD 14.87 Billion in 2023. North America region holds the highest market share in 2017 and Asia Pacific market is considered as the fastest growing market in the forecasted period. At a country level, the U.S. holds the highest market share in 2017 and it is projected to grow at a strongly in the coming years.
Honeywell International Inc. (U.S), Canon Inc. (Japan), Toshiba Tec Corporation (Japan), Zebra Technologies Corporation (U.S), FUJITSU ISOTEC LIMITED (Japan), Hitachi, Ltd. (Japan), Nipson Technology (France), SEIKO EPSON CORP. (Japan), are some of the key players in the Global Portable Printer market. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
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Drivers: Portability and Quality of Printers
Restraints: High cost as compared to normal printers
Opportunities: Ease-of-use and implementation process
Challenges: Threats from Chinese manufacturers
The Global Portable Printer Market is segmented on the basis of technology, industry vertical, and region. The major shares is expected from Thermal Printer segment in Global Portable Printer Market with highest CAGR. As they are used in logistics sector.
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Key Benefits for Stakeholders Portable Printer Manufacturers, Distributors and Suppliers Semiconductor and Raw Material Manufacturers, Technology Standards Organizations, Forums, Alliances and Associations End use industries.
By Technology Inkjet Thermal Impact Others
By Industry Vertical Healthcare Retail Telecom Transportation & Logistics Others
By Region North America Europe Asia-Pacific RoW
Key Market Players Honeywell International Inc. Canon Inc. Toshiba Tec Corporation Zebra Technologies Corporation FUJITSU ISOTEC LIMITED Hitachi, Ltd. Nipson Technology SEIKO EPSON CORP.
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