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Large Format Printer Market 2020 - Top Manufacturer Trends and SWOT Analysis Forecast by 2025| Canon, HP, Epson, Ronald, Xerox
Large Format Printer Market
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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.
What are the important points that the large format printer market report covers with respect to the Printing Technology landscape?
o The report segments the large format printer market into ink-based printers and toner-based printers as per the Printing Technology spectrum.
o The market share that each of the Printing Technology segments account for in the industry currently, are provided in the report.
o The growth rate at which the Printing Technology categories will increase over the forecast period have been mentioned, in tandem with the target valuation that each of the sub-segments will accrue by the end of the projected 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 industry.
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An inherent collection of pivotal deliverables, the large format printer market study strives to educate stakeholders and prominent investors about the plausible scenario that this industry may be defined by in the ensuing years. Comprising significant details subject to the industry impact forces, large format printer market report also presents a SWOT analysis, Porter's analysis, and a gist on the industry pitfalls and challenges.
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.
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.
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Global Market Insights, Inc.
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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.
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