Global UV Inkjet Printing Market, By Types (Solid Inkjet, Liquid Inkjet), Application (Commercial Use, Home Use) - Industry Trends and Forecast to 2031.
UV Inkjet Printing Market Analysis and Size
With advancements in UV LED technology, UV inkjet printers are becoming even more energy-efficient and eco-friendly. This has further contributed to the growth of the market, as companies are increasingly adopting sustainable printing practices. The integration of UV inkjet printers with automation and digitalization technologies is also expected to drive market growth, as it allows for high-speed and accurate printing. Overall the increasing demand for high-quality prints, along with advancements in UV curing technologies, automation, and customization requirements, is expected to drive the market’s growth in the coming years
Data Bridge Market Research analyzes that the global UV inkjet printers market, which was USD 47.26 billion in 2023, is likely to reach USD 81.82 billion by 2031, and is expected to undergo a CAGR of 7.1% during the forecast period. Liquid inkjet dominates the type segment of the market as liquid inkjet printers generally offer high-quality prints with excellent color reproduction, sharpness, and detail. The liquid ink formulation allows for precise droplet placement, resulting in vibrant and accurate output. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024-2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD billion, Volumes in Units, Pricing in USD
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Segments Covered
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By Types (Solid Inkjet, Liquid Inkjet), Application (Commercial Use, Home Use)
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Countries Covered
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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 the Middle East and Africa
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Market Players Covered
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Canon Inc. (Japan), Epson (Japan), HP Inc. (U.S.), Brother Industries, Ltd. (Japan), Xerox Holdings Corporation (U.S.), Ricoh Company, Ltd (Japan), Konica Minolta, Inc. (Japan), Seiko Epson Corporation (Japan), Lexmark International, Inc. (U.S.), Oki Electric Industry Co., Ltd. (Japan), Roland DG Corporation (Japan), Toshiba Tec Corporation (Japan), Fujifilm Holdings Corporation (Japan), Domino Printing Sciences plc (U.K.), Hitachi Industrial Equipment Systems Co., Ltd. (Japan)
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Market Opportunities
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Market Definition
A UV inkjet printer is a type of printer that uses ultraviolet (UV) light to cure or dry the ink as it is being printed onto a surface. This technology allows for fast and efficient printing on various materials such as paper, plastic, glass, and metal. UV inkjet printers are widely used in industries such as advertising, packaging, textiles, and automotive.
Global UV Inkjet Printing Market Dynamics
Drivers
- Technological advancements
Continuous advancements in inkjet printing technology, including improved print quality, faster printing speeds, and expanded substrate compatibility, drive the adoption of inkjet printers.
- Growing demand for digital printing
The increasing shift from traditional printing methods to digital printing, which offers benefits like shorter print runs, customization options, and faster turnaround times, fuels the demand for inkjet printers.
Opportunity
- Packaging and labelling applications
The packaging and labelling industry offers significant growth opportunities for inkjet printers due to the need for customization, variable data printing, and shorter print runs.
Restrain/Challenge
- Cost of consumables
The ongoing cost of inkjet printer consumables, such as ink cartridges, can be relatively high, which may impact long-term affordability for users.
This inkjet printers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the 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 the inkjet printers market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Developments
- In February 2022, Canon announced the expansion of its MAXIFY Ink Efficient GX Series lineup with a new ink tank business printer. The printer combines low color printing costs with speed, paper handling, and networking capabilities to give offices and businesses a boost in efficiency and productivity
- In October 2021, Roland DG Corporation, a manufacturer of wide-format inkjet printers and printer/cutters, announced the launch of D-BRIDGE, a support website that provides a variety of helpful information about the benefits of digitalization and secrets of success for anyone engaged in creating, especially those involved in printing or manufacturing
Global UV Inkjet Printing Market Scope
The UV inkjet printers market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Solid Inkjet
- Liquid Inkjet
Application
- Commercial Use
- Home Use
Global UV Inkjet Printing Market Region Analysis/Insights
The UV inkjet printers market is analyzed and market size insights and trends are provided by country, type, and application as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, rest of Middle East and Africa.
North America is expected to dominate the market and grow with the highest CAGR due to the fact that it has been at the forefront of technological advancements, including inkjet printing technology. Many inkjet printer manufacturers, both domestic and international, have research and development centers in the U.S., leading to the availability of cutting-edge inkjet printer models in the market.
The country section of the report also provides individual market-impacting factors and domestic regulation changes that impact the market's current and future trends. Data points like downstream 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 North America brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Semiconductor Infrastructure growth Installed base and New Technology Penetration
The UV inkjet printing market also provides you with a detailed market analysis for every region’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the UV inkjet printing market, the impact of technology using lifeline curves, and changes in battery regulatory scenarios and their impact on the UV inkjet printing market. The data is available for the historic period 2010-2020.
Competitive Landscape and Global UV Inkjet Printing Market Share Analysis
The UV inkjet printing 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, regional 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 UV inkjet printing market.
Some of the major players operating in the UV inkjet printing market are:
- Canon Inc. (Japan)
- Epson (Japan)
- HP Inc. (U.S.)
- Brother Industries, Ltd. (Japan)
- Xerox Holdings Corporation (U.S.)
- Ricoh Company, Ltd (Japan)
- Konica Minolta, Inc. (Japan)
- Seiko Epson Corporation (Japan)
- Lexmark International, Inc. (U.S.)
- Oki Electric Industry Co., Ltd. (Japan)
- Roland DG Corporation (Japan)
- Toshiba Tec Corporation (Japan)
- Fujifilm Holdings Corporation (Japan)
- Domino Printing Sciences plc (United Kingdom)
- Hitachi Industrial Equipment Systems Co., Ltd. (Japan)
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