Global Large Format Printer Market, By Type (Aqueous, Solvent, UV-Curable, Latex, Dye-Sublimation), Offering (Printers, RIP Software, After-Sales Services), Print Materials (Porous/Corrugated Materials, Non-Porous Materials), Print Width (17-24”, 24-36”, 36-44”, 44-60”, 60-72”, 72” and Above), Ink Type (Aqueous, Solvent, UV-Curable, Latex, Dye-Sublimation), Printing Technology (Ink-based (Inkjet) Printers, Toner-based (Laser) Printers), Application (Apparel and Textile, Signage, Advertising, Décor, CAD and Technical Printing), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Large Format Printer Market
The large format printer market is expected to witness market growth at a rate of approximately 3.20% in the forecast period of 2021 to 2028 and is expected to reach USD 12.31 billion by 2028. Data Bridge Market Research report on large format printer market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in demand of large format printing in the advertising, packaging industries and textiles is escalating the growth of large format printer market.
Large format printer refers to a computer controlled printing machine which assists in printing roll width ranging from 18" and 100". This printer is used for printing on a large single sheet of paper instead of individual papers. These are utilized in applications that require longer width printing including banners, posters, vehicle image wraps, architectural drawings, trade show graphics and murals. These are highly used in enterprises because of large format display which acts as a powerful communication and marketing tool with highly popular display option for conferences, trade shows, public events and art exhibitions.
The rise in the demand for large format printing at various industries such as textile, packaging and advertising and the availability of mobile advertising and printing facilities offering consumers the option to print documents directly using the mobile phone or any other wireless device acting as the major factors driving the large format printer market. The increasing acceptance of UV curable ink for large format printers in order to print robust images which could be applied to numerous substrates including foam board, glass, wood and cardboard and the rise in popularity of these printers as they provide features including large color touchscreen which helps in enabling the configuration of the connectivity options in printers accelerate the large format printer market growth. The adoption of these printers especially in workplaces with employees with poor eyesight or lacking the knowledge regarding the printing technology as these are easy to understand and operate and the performing capability of these products to print as per the required quantity and withstand extreme environmental conditions without the issue of fading also influence the large format printer market. Additionally, rise in importance of digital document production in commercial printing applications, several pricing options and high utilization of cad and technical printing applications positively affect the large format printer market. Furthermore, the increasing utilization in home furnishing and décor and vehicle wrap applications and product innovations to provide variety of printers extend profitable opportunities to the large format printer market players in the forecast period of 2021 to 2028.
On the other hand, high initial investments and operating costs and rising popularity of digital advertising media are the factors expected to obstruct the large format printer market growth. The concerns regarding the rigidity and specific applications of these printers challenge the large format printer market in the forecast period of 2021-2028.
This large format printer market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on large format printer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Large Format Printer Market Scope and Market Size
The large format printer market is segmented on the basis of type, offering, print materials, print width, ink type, printing technology and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the large format printer market is segmented into aqueous, solvent, UV-curable, latex and dye-sublimation.
- On the basis of offering, the large format printer market is segmented into printers, RIP software and after-sales services.
- On the basis of print materials, the large format printer market is segmented into porous/corrugated materials and non-porous materials.
- On the basis of print width, the large format printer market is segmented into 17-24”, 24-36”, 36-44”, 44-60”, 60-72” and 72” and above.
- On the basis of ink type, the large format printer market is segmented into aqueous, solvent, UV-curable, latex and dye-sublimation.
- On the basis of printing technology, the large format printer market is segmented into (inkjet) printers and toner-based (laser) printers.
On the basis of application, the large format printer market is segmented into apparel and textile, signage, advertising, décor and CAD and technical printing.
Global Large Format Printer Market Country Level Analysis
The large format printer market is analyzed and market size, volume information is provided by country, type, offering, print materials, print width, ink type, printing technology and application as referenced above.
The countries covered in the large format printer market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the large format printer market because of the growth in advertising and signage sector and huge funding in indoor and outdoor signage by enterprises in the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the presence of prominent key players, growing economy and adaptability in developing nations such as China, India and Japan and technological developments to produce better-quality printers with enhanced quality.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Large Format Printer Market Share Analysis
The large format printer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to large format printer market.
The major players covered in the large format printer market report are HP Development Company, L.P., Canon India Pvt Ltd., Seiko Epson Corporation, MIMAKI ENGINEERING CO., LTD, Roland Corporation, Ricoh, Durst Phototechnik, Xerox Corporation, Konica Minolta, Inc., Agfa-Gevaert Group, Electronics For Imaging, Inc., KYOCERA Corporation, Lexmark International, Inc., MUTOH INDUSTRIES LTD, ARC Document Solutions, LLC, Dilli, swissQprint AG, Shenyang Sky Air-Ship Digital Printing Equipment Co.,Ltd, Seiko Instruments Inc., Oki Electric Industry Co., Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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