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Ticket printers Market Share

ID: MRFR//3863-CR | 100 Pages | Author: Ankit Gupta| July 2019

In the competitive realm of the Ticket Printers market, companies employ diverse strategies to establish and enhance their market share. One prevalent approach is product differentiation, where firms aim to distinguish their ticket printer solutions by offering unique features, enhanced printing capabilities, or innovative design elements. This strategy allows companies to cater to specific needs within the market, attracting clients who value specialized functionalities such as high-speed printing, compact designs, or compatibility with various ticket materials.


Cost leadership is another significant strategy in the Ticket Printers market, with companies striving to provide cost-effective solutions without compromising on quality. This approach is particularly effective in appealing to businesses and organizations with budget constraints, as they seek reliable ticket printers at competitive prices. By optimizing manufacturing processes and operational efficiencies, companies can offer affordable ticket printers, potentially capturing a larger market share and reaching a broader customer base.


Market penetration is a common strategy employed by companies aiming to deepen their market share within existing markets. This involves targeted marketing efforts, partnerships, and expanding product offerings to increase their presence. Leveraging existing customer relationships and introducing new features or models can lead to increased adoption of ticket printers among businesses in sectors such as entertainment, transportation, and events.


Contrastingly, market development focuses on exploring new segments or untapped geographical regions. Companies adopting this strategy aim to expand their market share by introducing ticket printer solutions to markets that may not have fully embraced these technologies. Successful market development requires a keen understanding of local needs, regulatory environments, and emerging trends. However, entering new markets can lead to substantial growth for companies willing to navigate the challenges associated with pioneering ticket printer adoption.


Collaborative strategies are gaining prominence in the Ticket Printers market, with companies forming partnerships, alliances, or consortia to enhance their market presence. Collaborative ventures enable firms to combine resources, share expertise, and collectively address industry challenges. This is particularly relevant in an industry where interoperability and compatibility with other ticketing systems are crucial. By fostering collaboration, companies can provide more comprehensive ticket printer solutions, attracting a broader customer base.


Customer-centric approaches are integral to market share positioning in the Ticket Printers market. Understanding the specific needs of businesses in sectors like entertainment, transportation, and events enables companies to tailor their solutions accordingly. Offering excellent customer support, user-friendly interfaces, and customization options contribute to customer satisfaction, fostering brand loyalty and increasing market share.


As the demand for efficient ticketing solutions continues to grow across various industries, companies must stay agile and adapt to evolving market trends. Flexibility, innovation, and the ability to address specific sector requirements are crucial for successful market share positioning in the competitive Ticket Printers landscape. Companies need to anticipate the changing needs of their target audience, providing solutions that not only address current challenges but also offer scalability for future ticketing requirements.

Covered Aspects:

Report Attribute/Metric Details
Base Year For Estimation   2021  Forecast Period  2022-2032  Historical Data  2021  Forecast Units  Value (USD Billion)  Report Coverage  Revenue Forecast, Competitive Landscape, Growth Factors, and Trends  Segments Covered  Technology, Application  Geographies Covered  North America, Europe, Asia-Pacific  Key Vendors  Bocasystems (US) Epson (Japan) Stimare (Dublin) The Custom Companies Inc. (US) Able-systems (UK) Zebra Technologies Corporation (US) Datamax Inc. (US) Ier Blue Solutions (France) Practical Automation Inc. (US) Skidata (India) Vidtronix (US) Masung (Schengen) Fujitsu (Japan) Star (US) and Ded Ltd (UK).  Key Market Opportunities    Key Market Drivers  Ticketing printers including barcodes
Historical Data 2021 Forecast Units Value (USD Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered Technology, Application Geographies Covered North America, Europe, Asia-Pacific Key Vendors Bocasystems (US) Epson (Japan) Stimare (Dublin) The Custom Companies Inc. (US) Able-systems (UK) Zebra Technologies Corporation (US) Datamax Inc. (US) Ier Blue Solutions (France) Practical Automation Inc. (US) Skidata (India) Vidtronix (US) Masung (Schengen) Fujitsu (Japan) Star (US) and Ded Ltd (UK). Key Market Opportunities Key Market Drivers Ticketing printers including barcodes
Forecast Period   2022-2032  Historical Data  2021  Forecast Units  Value (USD Billion)  Report Coverage  Revenue Forecast, Competitive Landscape, Growth Factors, and Trends  Segments Covered  Technology, Application  Geographies Covered  North America, Europe, Asia-Pacific  Key Vendors  Bocasystems (US) Epson (Japan) Stimare (Dublin) The Custom Companies Inc. (US) Able-systems (UK) Zebra Technologies Corporation (US) Datamax Inc. (US) Ier Blue Solutions (France) Practical Automation Inc. (US) Skidata (India) Vidtronix (US) Masung (Schengen) Fujitsu (Japan) Star (US) and Ded Ltd (UK).  Key Market Opportunities    Key Market Drivers  Ticketing printers including barcodes
Growth Rate   11.5%  Base Year  2021  Forecast Period  2022-2032  Historical Data  2021  Forecast Units  Value (USD Billion  Report Coverage  Revenue Forecast, Competitive Landscape, Growth Factors, and Trends  Segments Covered  Technology, Application  Geographies Covered  North America, Europe, Asia-Pacific  Key Vendors  Bocasystems (US) Epson (Japan) Stimare (Dublin) The Custom Companies Inc. (US) Able-systems (UK) Zebra Technologies Corporation (US) Datamax Inc. (US) Ier Blue Solutions (France) Practical Automation Inc. (US) Skidata (India) Vidtronix (US) Masung (Schengen) Fujitsu (Japan) Star (US) and Ded Ltd (UK).  Key Market Opportunities    Key Market Drivers  Ticketing printers including barcodes

Ticket Printers Production Market Synopsis


Global Ticket Printers Production Market was valued at USD 0.6281 billion in 2022; it is expected to reach USD 1.6731 billion by the end of the forecast period 2032 at a CAGR of 11.5%. Ticket printers come in either fixed or kiosk models to accommodate the specific print application. These are easy to operate, maintain, and are cost-effective than other types of printers. A high capacity flatbed ticket printer by InfoPoint developed a mechanism to ensure the fully printed tickets before issuing, resulting in a reduction of ticket paper wastage and operator cost. Custom SpA produces a variety of event ticketing printers including barcodes, and RFID to provide the SMART ticket. New technologies are being developed used to produce the tickets by just connecting the printing terminal with a smartphone containing the print roll and ink ribbon.However, tickets printers continuously face the threat of increased mobile consumption and other advanced printers in the market. Most of the ticket printing is replaced by mobile or E-ticketing. It includes a barcode and a scanner at two ends to verify the ticket details. There has always been economic/political pressure on the printing industry due to the usage of paper of different kinds and the chemicals used to prepare the inks. Many government and private firms have started using mobile or E-tickets instead of the printed tickets resulting in the reduction of paper wastage and increased efficiency of the ticket management system. However, this factor poses a risk towards the growth of the ticket printer market as many end-users like railways, airlines, and movie and event tickets are depleting the usage of paper tickets.


Segmentation


Global Ticket Printers Production Market has been segmented based on Type, Beam Source, Application, and Region. By technology, the ticket printers production market has been divided into direct thermal, thermal ribbon transfer, and inject printer. By applications, the ticket printers production market has been segregated into zoo park ticket, movie theatre ticket, railway ticket, invoice, boarding pass, museum tickets, trade show entrance badge, sporting events, and others (gaming, historical sites, and skiing facilities). By type, the ticket printers production market has been classified as kiosk printers, portable (mobile) printers, and benchtop printers. By region, the ticket printers production market has been categorized as North America, Europe, Asia-Pacific, and the rest of the world.


Regional Analysis


Globally, the ticket printers production market has been categorized as four regions—North America, Europe, Asia-Pacific, and the rest of the world. The rest of the world segment has been further divided into the Middle East & Africa and South America. Europe accounted for the most substantial market value in 2017; the market is expected to register a significant CAGR during the forecast period. In Europe, the technological advancement occurs at a rapid pace. This affects the growth of the ticket printer market positively with the introduction of cost-effective products. However, the software updates pose a threat to the ticket printer by providing online printing solutions. On the other hand, Asia-Pacific is expected to grow with the highest CAGR. Tickets printer constantly face the threat of increased mobile consumption and other advanced printers. Most of the ticket printing is replaced by mobile or E-ticketing. It includes a barcode and a scanner at two ends to verify the ticket details. The Indian railway division Mysore shuts down the ticket printing unit because of the digitization of the railway systems.


The presence of several global vendors characterizes the global ticket printers production market. The competition in the market is highly intense, with players competing to gain market share. Moreover, cost, quality, accuracy, and reliability of products are some of the factors that help vendors to sustain in an intensely competitive market.


Some of the key developments are



  • Zebra Technologies Corporation acquired Motorola Solution’s Enterprise business in 2014 for USD 3.45 billion in cash. The transaction was funded with USD 200 million cash in hand and USD 3.25 billion in new debt.

  • Honeywell acquired Datamax-O'Neil, a global manufacturer of fixed and mobile printers used in a variety of retail, warehouse, and distribution, and health care applications. The USD 185 million deal was made in December of 2014.

  • DED Limited has been operating as a subsidiary of EET Europarts Ltd since July 2011. DED Limited distributes point of sale equipment, hardware for auto-ID applications, plastic card printers, and specialist printers.

  • Stimare formed a strategic partnership with printing and POS hardware pioneer Custom SpA and with Infinite Peripherals globally for the sale, support and repair of products.

  • Stimare in August 2014 agreed to a product distribution deal with AudienceView, one of the world’s leading providers of E-commerce and ticketing software for events and entertainment organizations.


Key Players


The key players in the ticket printers production market are identified across all the major regions based on their country of origin,  presence, recent key developments, product diversification, and industry expertise. Some of them are:

  • Bocasystems (US)

  • Epson (Japan)

  • Stimare (Dublin)

  • The Custom Companies, Inc. (US)

  • Able-systems (UK)

  • Zebra Technologies Corporation (US)

  • Datamax Inc. (US)

  • Ier Blue Solutions (France)

  • Practical Automation Inc. (US)

  • Skidata (India)

  • Vidtronix (US)

  • Masung (Schengen)

  • Fujitsu (Japan) Star (US)

  • Ded Ltd (UK)


These players contribute significantly to market growth. Apart from the top key players, the other players contribute nearly 35–40% in the ticket printers production market. These are Avery Dennison (US), Citizen Systems Japan (Japan), Xiamen Rongta Technology (China), and Shinmei (US) among others.

Intended Audience



  • System integrators

  • OEMs/ODMs

  • Electronic component manufacturers

  • Resellers and distributors

  • Consultancy and advisory firms

  • Consulting firms

  • Research institutes and organizations

  • Technology standards organizations

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