POS Hardware

POS Hardware Market Outlook

The global POS hardware market is projected to reach approximately USD 20 billion by 2035, growing at a compound annual growth rate (CAGR) of 8.5% from 2025 to 2035. This growth is driven by the increasing adoption of advanced technological solutions in retail and hospitality sectors, along with the growing need for efficient transaction processes in various businesses. The rise in cashless transactions, spurred by consumer demand for faster and more convenient payment options, is also a significant factor contributing to market expansion. Furthermore, the integration of POS hardware with cloud-based services is enhancing the operational efficiency of retail chains and small businesses alike. The demand for seamless customer service experiences and real-time data analytics is pushing firms to invest in advanced POS solutions, thereby accelerating market growth.

Growth Factor of the Market

Several factors contribute to the robust growth of the POS hardware market, primarily stemming from technological advancements and changing consumer behaviors. The shift towards digital payments and contactless transactions is becoming increasingly vital, especially following the pandemic, as consumers favor safer and more efficient payment methods. Retailers are investing significantly in upgraded POS systems to enhance their operational capabilities, streamline checkout processes, and improve customer service. Additionally, the expansion of e-commerce has compelled physical stores to adopt integrated POS solutions that can synchronize inventory and sales data across online and offline platforms. The growing trend of mobile payments also necessitates the integration of advanced hardware that can support such transactions, further stimulating demand in this sector. Furthermore, innovations in hardware design, such as the development of multifunctional terminals, are appealing to businesses looking for versatile and cost-effective solutions.

Key Highlights of the Market

• The POS hardware market is expected to witness a significant CAGR of 8.5% from 2025 to 2035.
• Retail application dominates the market, driven by the rising demand for efficient transaction solutions.
• Technological innovations and the integration of cloud services are reshaping the POS landscape.
• Mobile payment solutions are becoming increasingly important for both consumers and retailers.
• By region, North America is anticipated to hold the largest market share due to advanced retail infrastructure.

By Product Type

Barcode Scanners:

Barcode scanners are essential components of POS systems, enabling businesses to efficiently process transactions and manage inventory. These devices streamline the checkout process by quickly scanning product barcodes, which not only speeds up transactions but also minimizes errors associated with manual entry. As the retail sector continues to embrace automation, the demand for advanced barcode scanners equipped with enhanced features, such as wireless connectivity and compatibility with various operating systems, has surged. The growing emphasis on inventory control and tracking is also driving the adoption of barcode scanners in various industries, including healthcare and logistics, where accurate tracking of products is critical.

Cash Drawers:

Cash drawers are another fundamental aspect of POS hardware, providing secure storage for cash and receipts. They are designed to integrate seamlessly with POS terminals, allowing for immediate access when transactions occur. The demand for cash drawers is largely influenced by the ongoing cash-centric transactions in various retail environments, despite the growing trend toward digital payments. Manufacturers are focusing on enhancing the security features of cash drawers, such as robust locking mechanisms and integration with alarm systems, to prevent theft. Additionally, the increase in small and medium enterprises opting for point-of-sale systems is further contributing to the cash drawer market.

Receipt Printers:

Receipt printers play a pivotal role in the customer payment experience, providing tangible proof of purchase while facilitating smooth transaction processes. The technological advancements in printing technology have led to the emergence of high-speed thermal printers that enhance efficiency in busy retail environments. The shift towards digital receipts is also influencing market dynamics, as more customers opt for environmentally friendly options, yet traditional receipt printers continue to hold relevance. Businesses are keen on investing in reliable and cost-effective receipt printing solutions that can integrate with existing POS systems, ensuring a seamless flow of information and reducing operational costs.

POS Terminals:

POS terminals represent the core of any point-of-sale system, acting as the central hub for processing customer transactions. The market for POS terminals is being driven by the increasing demand for integrated solutions that combine payment processing and inventory management. Modern POS terminals are equipped with advanced features such as touchscreen interfaces, customer engagement tools, and customizable software, making them highly adaptable to various business needs. The rise of mobile POS (mPOS) systems has further diversified the market, allowing businesses to conduct transactions anywhere, thereby improving customer convenience. As technology continues to evolve, POS terminals will likely incorporate newer payment methods, including cryptocurrency transactions and biometric security features.

Payment Terminals:

Payment terminals are critical for enabling secure and efficient payment processing for businesses of all sizes. With the surge in contactless payment options, such as NFC and mobile wallets, the demand for advanced payment terminals has skyrocketed. These devices not only facilitate credit and debit card transactions but also support various payment methods including mobile applications and digital currencies. The emphasis on transaction security has led manufacturers to integrate advanced encryption technologies and compliance with PCI standards into their devices, which is crucial in building consumer trust. As businesses aim to enhance the customer experience through quicker checkout processes, the adoption of sophisticated payment terminals is anticipated to rise significantly.

By Application

Retail:

The retail sector remains the largest application segment for POS hardware, driven by the need for efficient transaction processing and inventory management solutions. As retailers face increasing competition, they are investing in advanced POS systems that provide a seamless customer experience. The integration of POS hardware with customer relationship management (CRM) systems allows retailers to gather valuable data on consumer preferences and purchasing behavior, enabling personalized marketing strategies. Additionally, the rise of omnichannel retailing, where customers can shop across multiple platforms, necessitates the adoption of integrated POS solutions that synchronize online and offline sales data. Retailers are also exploring mobile POS systems to enhance customer engagement and streamline checkout processes in-store.

Hospitality:

In the hospitality industry, POS hardware plays a crucial role in managing orders, payments, and customer interactions. Restaurants, hotels, and bars are increasingly implementing sophisticated POS systems that not only facilitate transactions but also provide valuable insights into customer preferences and operational efficiency. The demand for mobile POS solutions in this sector is growing as businesses seek to enhance customer service by enabling staff to take orders and process payments tableside, thus minimizing wait times. Additionally, integration with inventory management and reservation systems allows hospitality businesses to maintain accurate records and improve overall service quality. As customer expectations rise, the hospitality industry is likely to continue investing in cutting-edge POS hardware to enhance operational capabilities.

Healthcare:

The healthcare application of POS hardware is gaining traction as facilities recognize the need for efficient payment processing systems. Hospitals, clinics, and pharmacies are implementing POS solutions to streamline billing processes, manage patient transactions, and improve the overall patient experience. The adoption of electronic billing and insurance verification through POS systems is becoming increasingly common, allowing healthcare providers to reduce administrative burdens and enhance revenue cycle management. Additionally, the integration of POS hardware with electronic health records (EHR) systems enables healthcare facilities to maintain accurate financial records while improving patient care. As the sector continues to digitalize, the demand for reliable and secure POS solutions is expected to rise.

Entertainment:

The entertainment sector, encompassing cinemas, amusement parks, and event venues, is increasingly adopting POS hardware solutions to enhance ticketing and concession sales processes. Efficient transaction management is vital in this industry, especially during peak times when customer volumes surge. Advanced POS systems allow for quick ticket processing and inventory management for concessions, ensuring a smooth customer experience. The integration of loyalty programs and mobile payment options is also gaining popularity, as businesses seek to engage customers more effectively. As the industry recovers from pandemic-related disruptions, the investment in robust POS systems is projected to grow, with a focus on improving operational efficiency and customer satisfaction.

By Distribution Channel

Online Stores:

The online distribution channel for POS hardware has witnessed substantial growth, fueled by the rising popularity of e-commerce and digital marketplaces. Businesses increasingly prefer purchasing POS solutions online to take advantage of the convenience and often competitive pricing. Online platforms offer a wide range of products, enabling buyers to compare features and prices effortlessly. Additionally, the availability of customer reviews and ratings on online platforms lends credibility to purchasing decisions. The rise of direct-to-consumer business models is also encouraging manufacturers to establish robust online sales channels, thus broadening their reach to small and medium-sized enterprises that may lack access to traditional retail outlets.

Specialty Stores:

Specialty stores play a significant role in the distribution of POS hardware, providing tailored solutions for specific industries such as retail, hospitality, and healthcare. These retailers often offer expert advice and personalized services, helping businesses select the right hardware for their unique needs. Specialty stores are equipped to demonstrate the functionality of various POS systems, allowing customers to experience the technology firsthand before making a purchase. This hands-on approach is particularly beneficial for businesses that may require customized configurations or integration with existing systems. As the demand for specialized POS solutions grows, specialty stores are likely to continue thriving as crucial distribution channels.

Supermarkets/Hypermarkets:

Supermarkets and hypermarkets are significant distribution channels for POS hardware, as these large retail formats require comprehensive solutions to manage their extensive transactions and inventory. The availability of a wide range of POS products in these settings allows businesses to assess various options side-by-side, facilitating informed purchasing decisions. Large retailers often benefit from bulk purchasing agreements, which can significantly reduce costs. Additionally, the strong foot traffic in supermarkets and hypermarkets enhances the visibility of POS products, attracting potential buyers from various sectors. As these large retail formats increasingly emphasize efficiency and customer service, the demand for state-of-the-art POS systems will continue to expand.

Others:

The "Others" segment encompasses various unconventional distribution channels, including direct sales by manufacturers, trade shows, and industry exhibitions. Direct sales enable manufacturers to establish close relationships with their clients, offering tailored solutions and ongoing support. Trade shows and exhibitions provide opportunities for companies to showcase their latest innovations, allowing potential buyers to engage with products and explore new technologies. This segment also includes online marketplaces that cater to niche markets, providing specialized POS solutions for unique business needs. As the market continues to evolve, these alternative distribution channels are expected to play an increasingly important role in reaching diverse customer bases.

By Ingredient Type

Metallic:

Metallic components in POS hardware are essential for durability and stability, particularly in high-traffic environments. Metal-based POS systems are favored for their robustness, often featuring stainless steel or aluminum casings that can withstand heavy usage. The use of metallic materials ensures longevity, reducing the need for frequent replacements and maintenance. Additionally, metallic components can provide better shielding against electronic interference, enhancing the overall performance of POS systems. As businesses invest in long-lasting solutions, the demand for metallic POS hardware is expected to grow, especially in sectors such as retail and hospitality where reliability is non-negotiable.

Plastic:

Plastic components are commonly used in the manufacturing of POS hardware due to their lightweight and cost-effective nature. Many modern POS systems incorporate high-quality plastics that are both aesthetically pleasing and functional. The use of plastic allows for innovative designs and customizations, enabling manufacturers to create sleek, modern devices that appeal to consumers. Furthermore, plastic POS hardware is often easier to handle and transport, making it a practical choice for businesses needing mobile solutions. The continuous advancements in plastic technology, such as recyclable and eco-friendly materials, are likely to bolster the market for plastic-based POS hardware in the coming years.

Glass:

Glass components are becoming increasingly popular in the design of contemporary POS hardware, particularly in high-end retail and hospitality settings. The use of glass in POS systems offers a modern, sophisticated look that enhances the overall customer experience. Glass surfaces are not only aesthetically pleasing but also easy to clean and maintain, making them ideal for environments where hygiene is paramount. Additionally, glass can provide additional security features, such as tamper-proof designs, which are critical in safeguarding sensitive financial transactions. As businesses seek to create appealing and user-friendly environments, the demand for glass-based POS solutions is likely to rise.

Others:

The "Others" category covers a variety of materials used in the construction of POS hardware, including composites and eco-friendly materials. Manufacturers are increasingly exploring alternative materials to meet sustainability goals and consumer preferences. For instance, biodegradable materials and recycled components are gaining traction as businesses look to reduce their environmental impact. The diversification of material options allows for innovative designs and features in POS systems, enhancing their functionality and appeal. As consumer awareness of sustainability grows, the demand for POS hardware utilizing alternative materials is expected to increase, pushing manufacturers to adapt to this trend.

By Region

The North American region is anticipated to dominate the POS hardware market, accounting for over 35% of the global market share by 2035. This is primarily due to the high level of technological adoption and the presence of key market players in the region. The increasing trend of cashless transactions, combined with the rapid growth of e-commerce, is driving retailers and businesses to invest in advanced POS solutions. Furthermore, the integration of POS systems with cloud-based applications is enhancing operational efficiencies for retailers, thereby propelling market growth. The region is also witnessing a surge in mobile POS systems, particularly in the hospitality sector, contributing to a projected CAGR of 9.2% from 2025 to 2035.

In Europe, the POS hardware market is also poised for significant growth, driven by similar trends towards digitization and automation in retail and hospitality sectors. The region is expected to hold approximately 30% of the global market share by 2035. Countries like the UK, Germany, and France are leading the adoption of advanced POS systems, fueled by increasing consumer demand for seamless and efficient transaction processes. The European market is also witnessing a rise in regulatory compliance requirements, pushing businesses to invest in reliable and secure POS hardware. As companies navigate the evolving landscape of consumer preferences and regulatory frameworks, the demand for sophisticated POS hardware is projected to rise steadily.

Opportunities

The POS hardware market presents numerous opportunities for growth, primarily driven by technological advancements and evolving consumer preferences. One of the most significant opportunities lies in the integration of artificial intelligence (AI) and machine learning into POS systems. These technologies can enhance transaction processing capabilities, providing businesses with deeper insights into consumer behavior, inventory management, and sales forecasting. As retailers and service providers seek to improve operational efficiencies and personalize customer experiences, the adoption of AI-powered POS systems is expected to surge. This integration not only improves decision-making but also creates new revenue streams for businesses, thus stimulating further investment in advanced POS hardware solutions.

Another promising opportunity in the POS hardware market is the increasing trend towards mobile and cloud-based systems. The rise of mobile point-of-sale (mPOS) solutions allows businesses to conduct transactions directly from smartphones or tablets, enhancing customer service and convenience. As businesses recognize the benefits of portability and flexibility, the demand for mPOS systems is likely to increase. Additionally, the transition to cloud-based POS systems allows for real-time data access and management, enabling businesses to streamline operations and reduce costs. This trend towards mobility and cloud integration presents significant growth potential for manufacturers focusing on innovative and adaptable POS solutions.

Threats

The POS hardware market is not without its challenges, with increasing competition from emerging players posing a significant threat to established companies. The entry of new entrants often leads to price wars, which can erode profit margins and challenge brand loyalty among consumers. Moreover, the rapid pace of technological change means that companies must continuously innovate to stay relevant, requiring substantial investment in research and development. Additionally, security concerns related to payment processing and data breaches are a growing threat, as cybercriminals increasingly target POS systems. As businesses strive to enhance their security measures and build consumer trust, the pressure to comply with evolving regulatory standards can also be a considerable challenge.

Another significant restraining factor affecting the POS hardware market is the economic fluctuations and uncertainties that can impact consumer spending patterns. During economic downturns, businesses may delay investments in new hardware systems, opting instead to maintain existing equipment. This reluctance to spend can hinder overall market growth, particularly in sectors that are highly sensitive to economic changes, such as retail and hospitality. Additionally, the shift towards online shopping and digital transactions, accelerated by the pandemic, may diminish the reliance on traditional POS hardware in certain sectors, creating further challenges for manufacturers. To navigate these threats, companies must adapt to changing market dynamics and continuously explore new opportunities for innovation and growth.

Competitor Outlook

• Ingenico Group
• Verifone Systems, Inc.
• Square, Inc.
• Sunmi Technology
• Diebold Nixdorf, Incorporated
• POSist Technologies
• NCR Corporation
• PAX Technology Limited
• Panasonic Corporation
• Zebra Technologies Corporation
• Samsung Electronics Co., Ltd.
• HP Inc.
• Star Micronics Co., Ltd.
• Honeywell International Inc.
• epson America, Inc.

The competitive landscape of the POS hardware market is characterized by the presence of several key players and a consistent influx of new entrants. Established companies like Ingenico Group and Verifone Systems, Inc. are leading the market with their innovative solutions and extensive product offerings. These companies leverage their technological expertise to develop cutting-edge hardware that meets the evolving demands of various industries. The market is also witnessing the emergence of new players, particularly in the mobile and cloud-based POS segments, which are capturing a growing share of the market due to their agility and ability to cater to niche markets.

The competitive dynamics of the POS hardware market are further influenced by ongoing mergers and acquisitions, as companies seek to enhance their product portfolios and expand their geographical reach. For instance, the acquisition of smaller firms with specialized technologies allows larger companies to integrate innovative features into their existing systems, thereby improving their competitive edge. Additionally, strategic partnerships between hardware manufacturers and software developers are becoming increasingly common, enabling businesses to offer comprehensive POS solutions that combine hardware and software capabilities. This trend not only enhances customer satisfaction but also fosters long-term relationships between companies and their clients.

Among the major players, NCR Corporation stands out as a leader in the POS hardware market, offering a range of solutions tailored for various sectors including retail, hospitality, and banking. With a focus on innovation, NCR has developed advanced POS systems that incorporate AI and machine learning, providing businesses with valuable insights into customer behavior and operational efficiency. Similarly, Square, Inc. has gained prominence in the market by offering user-friendly POS solutions that cater to small businesses, enabling them to easily manage transactions and inventory. By prioritizing customer engagement and satisfaction, these companies are well-positioned to capitalize on the growing demand for advanced POS hardware solutions in the coming years.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 HP Inc.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Square, Inc.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Ingenico Group
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 NCR Corporation
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Sunmi Technology
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 POSist Technologies
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 epson America, Inc.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Panasonic Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 PAX Technology Limited
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Verifone Systems, Inc.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Star Micronics Co., Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Honeywell International Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Diebold Nixdorf, Incorporated
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Samsung Electronics Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Zebra Technologies Corporation
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 POS Hardware Market, By Application
    • 6.1.1 Retail
    • 6.1.2 Hospitality
    • 6.1.3 Healthcare
    • 6.1.4 Entertainment
    • 6.1.5 Others
  • 6.2 POS Hardware Market, By Product Type
    • 6.2.1 Barcode Scanners
    • 6.2.2 Cash Drawers
    • 6.2.3 Receipt Printers
    • 6.2.4 POS Terminals
    • 6.2.5 Payment Terminals
  • 6.3 POS Hardware Market, By Ingredient Type
    • 6.3.1 Metallic
    • 6.3.2 Plastic
    • 6.3.3 Glass
    • 6.3.4 Others
  • 6.4 POS Hardware Market, By Distribution Channel
    • 6.4.1 Online Stores
    • 6.4.2 Specialty Stores
    • 6.4.3 Supermarkets/Hypermarkets
    • 6.4.4 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 POS Hardware Market by Region
  • 10.3 Asia Pacific - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 India
      • 10.3.1.2 China
      • 10.3.1.3 Japan
      • 10.3.1.4 South Korea
  • 10.4 Latin America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 Brazil
      • 10.4.1.2 Argentina
      • 10.4.1.3 Mexico
  • 10.5 North America - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 USA
      • 10.5.1.2 Canada
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global POS Hardware market is categorized based on

By Product Type

• Barcode Scanners
• Cash Drawers
• Receipt Printers
• POS Terminals
• Payment Terminals

By Application

• Retail
• Hospitality
• Healthcare
• Entertainment
• Others

By Distribution Channel

• Online Stores
• Specialty Stores
• Supermarkets/Hypermarkets
• Others

By Ingredient Type

• Metallic
• Plastic
• Glass
• Others

By Region

• Asia Pacific
• North America
• Latin America
• Europe
• Middle East & Africa

Key Players

• Ingenico Group
• Verifone Systems, Inc.
• Square, Inc.
• Sunmi Technology
• Diebold Nixdorf, Incorporated
• POSist Technologies
• NCR Corporation
• PAX Technology Limited
• Panasonic Corporation
• Zebra Technologies Corporation
• Samsung Electronics Co., Ltd.
• HP Inc.
• Star Micronics Co., Ltd.
• Honeywell International Inc.
• epson America, Inc.