DUBLIN--(BUSINESS WIRE)--The "Global Large Format Printer Market (2021-2026) by Application Type, Offering Type, Print Material Type, Printing Technology Type, Print Width Type, Ink Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Large Format Printer Market is estimated to be USD 8.9 Bn in 2021 and is expected to reach USD 11.63 Bn by 2026, growing at a CAGR of 5.5%.
The Global Large Format Printer Market is driving due to the growing demand for large format printing by various industries such as textiles, advertisement, and packaging. Increasing adoption of UV-curable inks in different applications such as outdoor advertising, CAD, and technical printing with improved productivity and high-quality images is fuelling the market's growth. Additionally, the importance of digital document production increases in commercial printing applications, which will also be helping the need to grow. On the other hand, growing digital advertisement media popularity and e-platforms for advertising will be hampering the market's growth. Apart from this, specific challenges faced by a large format printer's market are high initial investment, huge operation cost, and high electricity consumption, which may slow down the market's growth.
The rising focus on manufacturing varieties of large format printers for different applications with different pricing strategies creates potential opportunities for the market to grow. Furthermore, the market creates specific opportunities due to the growing adoption of large format printers in home furnishing, decor, vehicle wrap application, increasing opportunities in the in-plant market. Moreover, technological advancement with quickly printing of pages, suitability for the low-volume environment, and versatility for various applications from tile murals signage to CDA applications helps boost the market in the forecasted period.
The Global Large Format Printer Market is segmented based on Application Type, Offering Type, Print Material Type, Printing Technology Type, Print Width Type, Ink Type, and Geography.
Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Large Format Printer Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Market Dynamics
Drivers
- Demand Growing for Large Format Printers by Industries
- Growing Adoption of UV-Curable Inks in Various Printing Applications
- Rising Importance of Digital Document Productions
Restraints
- Growing Digital Advertising Media
Opportunities
- Increasing Varieties of Printers Manufacturing at Different Price Levels
- Increasing adoption for Various Applications and In-Plant Market
Challenges
- High Cost Associated with Initial Investment and Operations
Companies Mentioned
- Agfa-Gevaert N.V
- Arc Document Solutions, Inc
- Big Systems, LLC
- Canon, Inc
- Colourjet India Limited
- Dilli Illustrate, Inc
- Dover Corporation
- Durst Phototechnik
- Electronics for Imaging, Inc
- FLORA Digital Inkjet Printers
- Hewlett Packard Enterprise
- Konica Minolta, Inc
- Kyocera Corporation
- Lexmark International, Inc
- Mimaki Engineering Co Ltd
- Mutoh America, Inc
- Oki Electric Industry
- Pannier Corporation
- Rena by Quadient
- Ricoh Company Ltd
- Roland Corporation
- SAE Manufacturing Specialities Corp
- Shenyang Sky Air-Ship Digital Printing Equipment Co Ltd
- Seiko Epson Corporation
- Seiko Instruments, Inc
- SwissQprint
- TRUMPH Group
- Xaar plc
- Xerox Holdings Corporation
- Zhengzhou Audley Digital Control Equipment Co Ltd
For more information about this report visit https://www.researchandmarkets.com/r/707v59
