Global Ticket Printers Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Ticket Printers Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global ticket printers market report has been segmented on the basis of technology, type, application, and region.
Global Ticket Printers Market: Overview
Ticket printers are specifically designed to generate high quality tickets, in order to make tickets for events, concerts or performance, malls, theaters, railway tickets, etc. These ticket printers have low maintenance, and are cost-effective are compared to other printers available in market. To manufacture customized tickets according to specific use, these printers are available in kiosk models and fixed models.
Global Ticket Printers Market: Dynamics
Increasing number of malls, coupled with rising inclination towards spending time in malls and rising number of theaters, especially in emerging economies, are major factors expected to drive growth of the global ticket printers market. In addition, rising number of events, concerts and performances across the world, and rising need to follow systematic procedure to maintain inventory of large number of population attending the event are other key factors driving growth of the global ticket printers market. Moreover, benefits offered by these products such as advanced portability and lesser operating cost of the ticket printers to end users is expected to result into high adoption of ticket printers in the years to come, thereby boosting growth of the global target market.
However, rising trend of booking tickets online, coupled with replacement of most of the ticket printing methods by e-ticketing or mobile ticketing are major factors that could hamper revenue growth of the global market. In addition, availability of substitutes made by local players and sold at lower cost may hamper adoption of branded ticket printers. This can result in losses to the major manufacturers in the global market.
Moreover, implementation of new technologies used to develop products such as connecting printing terminal with a smartphone, including ink ribbon and print roll to make the tickets is expected to create significant revenue opportunities for manufacturers operating in the global market.
Global Ticket Printers Market: Segment Analysis
Among the technology segments, the direct thermal technology segment is anticipated to register growth at a significant rate in the global market. Increasing demand of direct thermal ticket printers owing to features such as these printers don't need any ink, ribbon, or toner to print which makes them cost effective is expected to propel growth of this segment.
Among the type segments, the bench-top type segment is anticipated to dominate in the global market, and is projected to register a highest growth rate in the target market, as these bench-top printers are highly efficient to use and can be wall mounted.
Among the application segments, the invoice application segment is expected to contribute highest revenue share in the target market.
Global Ticket Printers Market: Region Analysis
North America market is estimated to account for highest revenue share as compared to that of other regions in the global market. This can be attributed to large number of technological developments, and early adoption of point of sale to provide quality customer services. Asia Pacific market is projected to register significant growth rate. Growing urbanization in the countries such as India and China is estimated to support growth of the Asia Pacific market. Europe market is expected to register substantial growth rate in the next 10 years. Middle East & Africa and Latin America markets are expected to account for moderate revenue share in the global market.
Global Ticket Printers Market: Segmentation
Segmentation by Technology:
- Direct thermal
- Thermal ribbon transfer
Segmentation by Type:
Segmentation by Application:
- movie theatre
- Zoo Park
- Boarding pass
- Trade show entrance
- Sporting events
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2017 Estimated Year 2018 Forecast Period 2018–2028 Revenue in US$
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