For the past few decades, dot-matrix printers have been dominating the Indian printing market. While the market has registered a decline due to the demand of new technologies like laser and inkjet printers, a type of market is still present there that demands dot-matrix printers. Dot-matrix printers are still relevant and useful in certain markets, mainly because of their facility to print carbon copies, use continuous paper and be less expensive than other printers to maintain. Some businesses find all these characteristics appealing.
Key Takeaways: In the coming years, it is assumed that this market will witness growth from the Indian BFSI and the retail segment in the country. Having said this, dot-matrix printer vendors are concentrating on other verticals as well. However, the technology is now also moving towards the POS market. When it comes to price, it is an easy decision – dot-matrix models are less expensive than their thermal counterparts. Though prices will vary between product lines, thermal printers are almost always pricier.
Key Vendors: Epson, TVS-E, and WeP
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.
