Inkjet Printers Market is Anticipated To Register A Significant CAGR Over A Forecast Period

The inkjet printer has made considerable advancements in the recent years. Inkjet printers are the electronic devices which print a digital image by propelling droplets of ink on paper, plastic, wood or others. The inkjet printers break the jet of ink into droplets and are absorbed by the material on which the printing is to be done. The inkjet printers place a collection of the ink droplets close together and a variety of the characters can be printed. Using inkjet printers is an effective and efficient way of printing. Millions of the characters can be printed using a liter of the ink. The inkjet printing is a non- impact process, the ink is emitted by nozzles and are dispersed for desired printing shapes or designs. The amount of ink to be emitted onto the printing material is determined by the software system of the digital device which guides the nozzles to emit droplets. The printing and packaging industries mostly use the conventional analog methods, but digital inkjet printing has potential to revolutionize the printing industry. Inkjet printers have several advantages like non- contact printing, high-speed printing, accurate printing, and are cost effective, etc. which fuels the growth of inkjet printers market over the conventional analog printers market. The inkjet printers have two chief benefits over the laser printers. First, lower cost of the printer and second is color- printing capabilities.

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Inkjet Printers - Market Dynamics:

As the shifting from the conventional analog printing to digital printing is increasing, which is changing the dynamics of printing and accelerating its growth. The inkjet printers market is anticipated to grow more than the average growth over the forecast period.The non-contact nature of digital inkjet printing technology facilitates printing onto different shapes and allows more design creativity. The inkjet printers market is mainly propelled by the printing and packaging industries. The inkjet printers are used in the textile industry. The inkjet printers market is gaining growth from the press industries. The inkjet printers are the alternatives to the labels, stickers etc. which needs to be printed and then to be applied on the products. The inkjet printers can be used in the industries wherever the non- contact printing is required. The inkjet printers market is expected to grow as the inclination on quality and high-resolution printing is preferred.

The factors which may hinder the growth of the inkjet printers market can be the higher production cost of the inkjet printer as compared to the competitor printers. And the requirement of the skilled labor for the operation.

Inkjet Printers - Market Segmentation:

The global inkjet printers market can be segmented on the basis of product type, on the basis of application and on the basis of technology.

On the basis of product type, the inkjet printers can be segmented as piezoelectric inkjet printers and thermal printers.

On the basis of application, the inkjet printers are used in textile printing, industrial decoration for glass, ceramics, flooring and other industries.

On the basis of technology, the inkjet printers can be segmented as continuous ink technology, drop on demand technology, and others.

Inkjet Printers Market – Regional Outlook:

Geographically the market of the inkjet printers is segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and Middle-East & Africa (MEA). Among these Asia Pacific and North America are collectively expected to dominate the inkjet printers market in terms of volume and value because of the increase in demand for the convenient, efficient and cost effective printing. Inkjet printers owing to high demand from textile & ceramics industry. The U.S. has the largest market of the inkjet printers in North America region and in Asia-Pacific region, the countries India and China are the producers of the inkjet printers.

Inkjet Printers Market – Key Players:

Some of the key players of the inkjet printers market are Seiko Epson Corporation, Hitachi America Ltd., Inkjet Inc., Gateway Technology Industry Co., Ltd., Videojet Technologies, Inc., Stanford Marsh Ltd., Mimaki Engineering Co. Ltd., Ningbo Haishu Colorido Digital Technology Co., Ltd., Roland DGA Corporation, Prototype & Production Systems, Inc., Color Dyne Technologies, HP Development Company, and others.

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