Large Format Printer Market Growth By Key Players: Canon, HP, Epson, Ronald, Xerox, Mimaki, Lexmark, and AFGA Graphics

Market Overview: -

Large Format Printer Market size demonstrates a steady growth owing to the large format printing services that assist in delivering the marketers’ brand messages effectually to a larger audience. These printers make use of the droplet technology, which creates clear and sharp images that are visible from a larger distance. Despite the bigger size, these printers can print high-quality and efficient documents and are used for printing marketing collaterals such as banners, posters, stickers, and pull-up banners for major businesses, which will drive the growth of the large format printer market. Factors such as printing as per the required quantity and withstanding extreme environmental conditions without fading also contribute to the market growth.

Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/2467

There has been an increase in the demand for large format printing at the industrial level including advertising, textile, and packaging. Mobile printing facilities allow the user to print documents directly using the mobile phone or any other wireless device, which will spur the market demand. Moreover, the adoption of UV curable ink for large format printers assists in printing robust images, which can be applied to a wide range of substrates, such as wood, foam board, glass and cardboard, driving the demand for UV cured inks, which in turn will spur the growth of the large format printer market. These printers also offer ease-of-use as they provide features such as a large color touchscreen that enables the configuration of the connectivity options in printers. They are highly especially useful in workplaces with employees with poor eyesight or are unaware of the printing technology as these touchscreens are easier to use and understand.

Top Key Players: -

The large format printer market is fragmented with the presence of a substantial number of players. Some of the players present in the market are Canon, HP, Epson, Ronald, Xerox, Mimaki, Lexmark, and AFGA Graphics. These players are investing huge funds into R&D to bring about customized printers, which can be made application-specific thereby catering to varied segments of the market.

Market share calculation in this report is not done based on companies covered in it. The calculation of large format printer market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

North America dominates the large format printer market as the demand for advertising and signage sector is growing rapidly in this region. A large number of companies, such as Walmart and HP, are investing huge funds into indoor and outdoor signages, driving the market. APAC is anticipated to grow rapidly during the forecast period as most of the major providers of large format printers reside in this region. The Asian markets, especially China, India, and Japan, are expected to lead the market owing to their booming economy and adaptability. Moreover, due to technological advancements, the regions of China, South Korea, and Taiwan build better-quality printers with enhanced quality.

Request for customization @ https://www.gminsights.com/roc/2467

One of the greatest trends for the large format printer market includes the rising demand for 3D printing. These printers offer various benefits, such as high quality with improved efficiency and reduced energy wastage, which have made them a preferred choice for the end users as compared to the traditional 2D printing. The 3D printing also provides additional services such as scaled-down replicas of the designs along with technologies including fused deposition modeling and selective laser sintering, which will drive the growth of 3D printing market over the forecast period.

The large format printer market has penetration into different printing technologies such as ink-based printers and toner-based printers. The UV cured ink-based printers hold a higher market share as they basically contain acrylic monomers along with a photo initiator. This ink dries quickly on being cured and produces a robust image irrespective of the type of substrate. The signage application holds the highest share in the large format printer market. Wide varieties of indoor and outdoor signage are prominently used especially for displaying warning signs on roads and highways and in the industrial sector. As signage prints are carried out with the aid of large format printers, their demand is anticipated to rise over the forecast period.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

This release was published on openPR.