Frequently Asked Questions
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.
The major players operating 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
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 large format printer market is segmented on the basis of type, offering, print materials, print width, ink type, printing technology and application.
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.