Thermal Printers

Thermal Printers Market Outlook

The global thermal printers market is projected to reach approximately USD 6.5 billion by 2035, growing at a compound annual growth rate (CAGR) of around 8.5% from 2025 to 2035. This growth can be attributed to the increasing demand for efficient printing solutions across various sectors, including retail, healthcare, and logistics. The rise in e-commerce has significantly spurred the need for thermal printing technologies, particularly barcode and label printers, which are vital for inventory management and order fulfillment. Additionally, advancements in technology, such as the development of mobile and compact thermal printers, are expanding their applications, thus propelling market growth. Furthermore, the integration of these printers with IoT and other digital technologies enhances operational efficiency and supports real-time monitoring, further driving demand.

Growth Factor of the Market

The thermal printers market is experiencing robust growth due to several key factors. Firstly, the retail sector's transition towards automated inventory management systems necessitates efficient printing solutions for labels and barcodes, thus propelling thermal printer sales. Secondly, the healthcare industry is increasingly adopting thermal printers for patient management and medication labeling, highlighting their importance in enhancing operational workflows. Thirdly, logistics and supply chains are increasingly relying on thermal printing for shipping labels and tracking, ensuring smooth operations in transportation management. Moreover, the surge in online shopping has further intensified the need for efficient and reliable printing solutions in warehousing and distribution. Lastly, the growing trend of customization in product labeling is driving innovation in thermal printing technologies, allowing businesses to meet specific customer demands more effectively.

Key Highlights of the Market

• Strong growth anticipated in the retail and logistics sectors due to increasing e-commerce activities.
• Integration of advanced technologies like IoT in thermal printers enhances operational efficiency.
• Growing demand for portable printing solutions, particularly in retail and healthcare applications.
• Increasing focus on sustainable printing solutions, driving innovations in technology.
• Regional growth driven by rising industrialization in emerging markets, particularly in Asia Pacific.

By Product Type

Barcode Printers:

Barcode printers are a significant segment within the thermal printers market, primarily used across industries for labeling products, assets, and packages. These printers utilize thermal transfer or direct thermal technology to produce high-quality barcodes that are easily scannable. Their applications span across retail, healthcare, and logistics, making them essential for inventory management, asset tracking, and point-of-sale operations. The growing trend of inventory automation has increased demand for barcode printers, as businesses seek to improve efficiency and accuracy in their operations. Additionally, advancements in printing resolution and speed, coupled with the introduction of compact and portable designs, are contributing to the growth of this segment.

POS Printers:

Point of Sale (POS) printers are crucial for retail operations, providing fast and efficient printing of receipts and transaction details at checkout counters. These printers often leverage direct thermal technology, ensuring quick printing without the need for ink or toner. The rise of digital transactions and the expansion of retail outlets globally have spurred significant growth in the POS printer segment. Retailers are increasingly adopting POS systems that integrate seamlessly with thermal printers to enhance customer experience through faster transaction processing. Furthermore, the trend towards mobile POS systems requires compact, lightweight thermal printers, further driving demand in this segment as businesses aim to provide a seamless shopping experience.

RFID Printers:

RFID printers represent a growing segment in the thermal printers market, enabling businesses to print RFID labels that can be read automatically by RFID readers. These printers are integral to industries that require tracking of assets and inventory in real-time, such as logistics, retail, and manufacturing. The adoption of RFID technology is burgeoning as companies seek to enhance supply chain visibility and reduce errors associated with manual tracking. RFID printers facilitate the printing and encoding of RFID tags, streamlining processes and improving efficiency. As more industries recognize the cost benefits and accuracy provided by RFID technology, the demand for RFID printers is expected to witness substantial growth.

Card Printers:

Card printers are specialized thermal printers designed for producing high-quality plastic cards, including ID cards, membership cards, and payment cards. These printers use both thermal transfer and dye sublimation technologies to deliver vibrant and durable prints on various card materials. The increasing need for identification solutions across sectors such as education, government, and banking is driving growth in the card printer market. Furthermore, advancements in security features and personalization capabilities, such as printing photos and graphics, are making card printers more appealing to businesses. As organizations continue to prioritize security and compliance, the demand for card printers is expected to rise significantly.

Mobile Printers:

Mobile printers are becoming increasingly popular as businesses seek flexible and on-the-go printing solutions. These compact devices allow professionals to print receipts, labels, and tickets while on the move, whether in retail environments or field operations. The rise of mobile workforces, particularly in industries such as logistics, healthcare, and field service, is driving the demand for mobile thermal printers. These printers often feature Bluetooth or Wi-Fi connectivity, enabling seamless integration with mobile devices and enhancing productivity. As the trend towards mobility continues to grow, the mobile printer segment is poised for significant expansion, driven by the need for convenience and efficiency in various applications.

By Application

Retail:

The retail sector is one of the primary applications for thermal printers, utilizing them for various tasks such as receipt printing, label printing, and inventory management. The shift towards digital and automated retail systems has increased the demand for thermal printing solutions that ensure quick and accurate transactions. Moreover, with the growth of e-commerce, retailers require efficient labeling systems for shipping and inventory management to enhance their operational efficiency. As retailers seek to improve the customer experience and streamline processes, the adoption of thermal printers is expected to continue to rise, providing businesses with reliable and cost-effective printing solutions.

Healthcare:

In the healthcare sector, thermal printers play a vital role in patient management, including printing labels for medication, specimen collection, and patient identification. The need for accurate and efficient labeling is crucial in healthcare settings to ensure patient safety and compliance with regulations. Thermal printers enable quick printing of high-quality labels that can withstand various environmental conditions, such as moisture and temperature variations. Additionally, the rising trend in electronic health records (EHR) is driving the adoption of thermal printers for producing patient wristbands and other vital documentation. As healthcare continues to prioritize efficiency and accuracy, the demand for thermal printers is expected to grow significantly.

Transportation & Logistics:

The transportation and logistics sector relies heavily on thermal printers for printing shipping labels, barcodes, and tracking tags. These printers streamline operations by facilitating quick and accurate printing, which is essential for managing inventory and ensuring timely delivery of goods. As e-commerce continues to surge, logistics companies need efficient printing solutions to handle the increasing volume of shipments and returns. Thermal printers enhance operational workflows by minimizing errors and improving tracking capabilities throughout the supply chain. Therefore, as the logistics sector evolves, the demand for thermal printers will likely expand, supporting the industry's need for reliable and efficient printing solutions.

Manufacturing:

In the manufacturing sector, thermal printers are utilized primarily for labeling products and managing inventory within production lines. They facilitate the printing of barcodes and labels that are essential for tracking materials and products throughout the manufacturing process. The adoption of automation and advanced manufacturing technologies has increased the need for efficient printing solutions that can integrate seamlessly with production systems. Thermal printers also aid in compliance with industry standards by ensuring accurate labeling of products. As manufacturers continue to seek ways to enhance productivity and reduce costs, the demand for thermal printers is expected to grow significantly.

Hospitality:

The hospitality industry employs thermal printers for various applications, including printing receipts, labels for food items, and room keys. These printers facilitate efficient transaction processing and enhance guest experiences in hotels, restaurants, and event venues. The trend towards digital solutions in hospitality drives the need for reliable printing technologies that can support fast and accurate services. Furthermore, the growing emphasis on personalized guest services has led to an increased requirement for thermal printers that can provide customized labels and receipts. As the hospitality industry continues to evolve, the demand for thermal printers will likely expand, supporting the sector's focus on service quality and efficiency.

By Distribution Channel

Online Stores:

Online stores have become a crucial distribution channel for thermal printers, providing a convenient platform for consumers and businesses to purchase various models and brands. The growing trend of e-commerce has greatly influenced consumer purchasing behavior, leading to an increase in online sales of thermal printing solutions. Online platforms often offer a wide range of products, competitive pricing, and customer reviews, making it easier for buyers to select suitable devices for their needs. Additionally, online stores provide access to specialized thermal printers that may not be available in physical retail locations. As consumers increasingly turn to online shopping, the online distribution channel is expected to witness significant growth in the thermal printers market.

Specialty Stores:

Specialty stores play a vital role as a distribution channel for thermal printers, allowing customers to explore a range of products that cater specifically to their printing needs. These stores often provide expert guidance and advice, assisting customers in selecting the most suitable thermal printers for their applications, whether it be for retail, healthcare, or manufacturing purposes. Specialty retailers offer a curated selection of printers and related accessories, ensuring that buyers can find tailored solutions to their unique requirements. The personalized service and in-depth product knowledge available at specialty stores enhance the overall shopping experience, making them a valuable channel in the thermal printers market.

Supermarkets/Hypermarkets:

Supermarkets and hypermarkets are significant distribution channels for thermal printers, particularly for small businesses and individuals seeking cost-effective printing solutions. These outlets typically carry a selection of popular printer models and supplies, making it convenient for customers to make immediate purchases. The presence of thermal printers in supermarkets and hypermarkets enables consumers to compare different products and prices easily, fostering informed decision-making. Additionally, these retail formats often provide promotional offers and discounts, attracting more customers to purchase thermal printing devices. As the trend of one-stop shopping continues to grow, the distribution of thermal printers through supermarkets and hypermarkets is expected to remain strong.

Direct Sales:

Direct sales play a crucial role in the thermal printers market, particularly for large enterprises and businesses that require customized solutions. Manufacturers and distributors often engage in direct sales to establish relationships with clients, offering tailored products and services to meet specific requirements. This channel allows businesses to access expert consultations and support, ensuring that they select printers that align with their operational needs. Additionally, direct sales often include comprehensive service agreements, maintenance packages, and training programs, enhancing the overall customer experience. As companies increasingly seek specialized printing solutions, the direct sales channel will continue to be a vital component of the thermal printers market.

By Technology

Direct Thermal:

Direct thermal technology is widely used in thermal printers, particularly for printing receipts and labels. This technology employs heat-sensitive media that darkens when exposed to the thermal print head, producing high-quality prints without the need for ink or toner. Direct thermal printers are renowned for their simplicity, lower operational costs, and minimal maintenance requirements, making them a popular choice for various applications in retail, logistics, and healthcare. The growing trend of mobile and compact thermal printers also favors direct thermal technology, as these devices often prioritize portability and ease of use. As businesses seek cost-effective printing solutions, the adoption of direct thermal technology is expected to expand.

Thermal Transfer:

Thermal transfer technology involves the use of a thermal print head to transfer ink from a ribbon onto the substrate, resulting in durable and high-quality prints. This technology is particularly suited for applications that require long-lasting labels and barcodes, such as those used in manufacturing and inventory management. Thermal transfer printers are favored for their versatility, as they can print on a wide variety of materials, including synthetic and specialty media. The durability and resistance to fading make thermal transfer printers ideal for applications exposed to harsh environments. With growing demands for high-quality printing solutions, the thermal transfer segment is anticipated to witness significant growth in the thermal printers market.

Dye Sublimation:

Dye sublimation technology is utilized primarily in card printers and for high-quality photo printing. This process involves transferring dye onto a substrate using heat and pressure, resulting in vivid colors and smooth gradations. Dye sublimation printers are favored for producing ID cards, membership cards, and promotional materials that require high-resolution images. The capability to create long-lasting, water-resistant prints makes dye sublimation an attractive option for businesses in the hospitality and event management sectors. As organizations place greater emphasis on branding and visual appeal, the demand for dye sublimation printers is expected to rise, further contributing to the growth of the thermal printers market.

By Region

In North America, the thermal printers market is anticipated to maintain a significant share, driven by the region's advanced retail and logistics sectors. The market is projected to grow at a CAGR of approximately 7.5% during the forecast period due to the increasing demand for efficient printing solutions in e-commerce and healthcare. The presence of major players and a strong technological infrastructure further bolster market growth. In Europe, the demand for thermal printers is primarily influenced by the retail and transportation sectors, as businesses seek to improve operational efficiency. As industries increasingly adopt automation and digital solutions, the thermal printers market in Europe is expected to experience steady growth, contributing to a robust competitive landscape.

Asia Pacific is emerging as a rapidly growing market for thermal printers, projected to exhibit a CAGR of around 9% during the forecast period. The region's expanding manufacturing base, increasing e-commerce activities, and growing retail sector are driving demand for thermal printing solutions. Countries like China and India are leading the growth, with significant investments in infrastructure and technology. Meanwhile, Latin America and the Middle East & Africa are also witnessing growth, albeit at a slower pace, due to varying levels of industrialization and adoption of modern printing technologies. However, as these regions continue to develop, the thermal printers market is expected to expand, aligning with global trends.

Opportunities

The thermal printers market is rife with opportunities, particularly as industries continue to innovate and automate their processes. One of the most significant opportunities lies in the increasing demand for mobile and portable printing solutions, especially in sectors such as retail and logistics. As businesses prioritize efficiency and customer service, the need for on-the-go printing solutions is becoming more pronounced, allowing for seamless transactions and real-time inventory management. Manufacturers that focus on developing compact, user-friendly mobile thermal printers are likely to capture a large share of this growing market segment. Furthermore, the integration of advanced technologies such as IoT and AI into thermal printing solutions presents another substantial opportunity. This can enhance functionality, allowing for predictive maintenance, real-time monitoring, and improved operational workflows.

Additionally, sustainability is becoming a key consideration across industries, and thermal printer manufacturers can leverage this trend by developing eco-friendly printing solutions. This includes utilizing recyclable materials for printer construction and producing inks that are less harmful to the environment. The growing emphasis on corporate social responsibility (CSR) among businesses is likely to drive demand for sustainable printing solutions, offering manufacturers a chance to differentiate themselves in a competitive market. Finally, entering emerging markets presents a significant opportunity for growth. As nations in Asia Pacific, Africa, and Latin America continue to industrialize and expand their retail and logistics capabilities, the demand for thermal printers will surge, offering companies a chance to establish a strong foothold in these regions.

Threats

Despite the promising growth of the thermal printers market, several threats could impact its trajectory. One of the primary concerns is the rapid technological evolution leading to shorter product life cycles. As new printing technologies emerge, existing thermal printers may become obsolete, forcing manufacturers to continually innovate to stay competitive. This can strain resources and divert attention from other important business areas. Additionally, the economic fluctuations and uncertainties can pose challenges for the thermal printers market, as businesses may postpone capital expenditures during downturns. This could lead to reduced demand for thermal printing solutions, impacting sales and profitability for manufacturers. Furthermore, the growing competition from alternative printing technologies, such as inkjet and laser printers, could threaten the market share of thermal printers if these alternatives offer comparable or superior performance at a competitive price.

Moreover, the supply chain disruptions experienced in recent years highlight vulnerabilities that could affect thermal printer manufacturers. Fluctuating raw material costs, transportation challenges, and geopolitical tensions can lead to delays and increased production costs. Additionally, cybersecurity risks present another threat. As thermal printers become more integrated with digital networks and IoT devices, the potential for cyberattacks increases, posing threats to sensitive business data and operations. Manufacturers must therefore invest in robust cybersecurity measures to safeguard their technologies. These combined factors underscore the need for thermal printer companies to remain agile and adapt to changing market conditions to mitigate potential threats effectively.

Competitor Outlook

• Zebra Technologies Corporation
• Brother Industries, Ltd.
• Canon Inc.
• Honeywell International Inc.
• Seiko Instruments Inc.
• Intermec Technologies Corporation (now a part of Honeywell)
• Dymax Corporation
• Bixolon Co., Ltd.
• SATO Holdings Corporation
• TSC Auto ID Technology Co., Ltd.
• Star Micronics Co., Ltd.
• PrintoLUX
• POS-X
• Datamax-O'Neil
• HPRT Technology Inc.

The competitive landscape of the thermal printers market is characterized by a mix of established players and emerging companies, each vying for market share through innovation, strategic partnerships, and customer-centric solutions. Leading firms such as Zebra Technologies and Brother Industries dominate the market with their extensive product offerings and robust distribution networks. These companies continuously invest in research and development to enhance their technologies and meet the evolving demands of consumers across various sectors. Furthermore, partnerships with software developers and integration with emerging technologies like IoT are key strategies employed by these companies to deliver comprehensive printing solutions that cater to the specific needs of their clients.

Emerging players, particularly in the Asia Pacific region, are gaining traction by offering cost-effective thermal printing solutions tailored to local markets. These companies often leverage regional manufacturing capabilities to provide competitive pricing without compromising on quality. Moreover, the growing trend of sustainability is prompting companies to innovate around eco-friendly printing solutions, thus appealing to environmentally conscious consumers. As new entrants focus on niche markets and specialized applications of thermal printing, the competitive landscape will continue to evolve, with companies that can adapt quickly to market trends and consumer preferences poised for success.

Among the key players in the market, Zebra Technologies stands out for its extensive portfolio of thermal printing solutions, ranging from mobile printers to industrial-grade models. The company emphasizes innovation and integrates advanced technologies, such as cloud computing and IoT, into its offerings, enabling users to manage and monitor print operations efficiently. Brother Industries is another significant player, renowned for its portable thermal printers that cater to the growing demand for mobile printing solutions. The company's commitment to quality and durability has positioned it favorably in the retail and logistics sectors.

• 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 POS-X
    • 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 PrintoLUX
    • 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 Canon Inc.
    • 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 Datamax-O'Neil
    • 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 Bixolon Co., Ltd.
    • 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 Dymax Corporation
    • 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 HPRT Technology 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 Seiko Instruments Inc.
    • 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 Brother Industries, Ltd.
    • 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 Star Micronics Co., Ltd.
    • 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 SATO Holdings Corporation
    • 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 Zebra Technologies Corporation
    • 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 TSC Auto ID Technology 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 Intermec Technologies Corporation (now a part of Honeywell)
    • 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 Thermal Printers Market, By Technology
    • 6.1.1 Direct Thermal
    • 6.1.2 Thermal Transfer
    • 6.1.3 Dye Sublimation
  • 6.2 Thermal Printers Market, By Application
    • 6.2.1 Retail
    • 6.2.2 Healthcare
    • 6.2.3 Transportation & Logistics
    • 6.2.4 Manufacturing
    • 6.2.5 Hospitality
  • 6.3 Thermal Printers Market, By Product Type
    • 6.3.1 Barcode Printers
    • 6.3.2 POS Printers
    • 6.3.3 RFID Printers
    • 6.3.4 Card Printers
    • 6.3.5 Mobile Printers
  • 6.4 Thermal Printers Market, By Distribution Channel
    • 6.4.1 Online Stores
    • 6.4.2 Specialty Stores
    • 6.4.3 Supermarkets/Hypermarkets
    • 6.4.4 Direct Sales

• 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 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Thermal Printers Market by Region
  • 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 Thermal Printers market is categorized based on

By Product Type

• Barcode Printers
• POS Printers
• RFID Printers
• Card Printers
• Mobile Printers

By Application

• Retail
• Healthcare
• Transportation & Logistics
• Manufacturing
• Hospitality

By Distribution Channel

• Online Stores
• Specialty Stores
• Supermarkets/Hypermarkets
• Direct Sales

By Technology

• Direct Thermal
• Thermal Transfer
• Dye Sublimation

By Region

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

Key Players

• Zebra Technologies Corporation
• Brother Industries, Ltd.
• Canon Inc.
• Honeywell International Inc.
• Seiko Instruments Inc.
• Intermec Technologies Corporation (now a part of Honeywell)
• Dymax Corporation
• Bixolon Co., Ltd.
• SATO Holdings Corporation
• TSC Auto ID Technology Co., Ltd.
• Star Micronics Co., Ltd.
• PrintoLUX
• POS-X
• Datamax-O'Neil
• HPRT Technology Inc.