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Large Format Printer Market 2020-2025: Hewlett Packard, Canon, Epson, Mimaki Engineering, Roland, Ricoh, Durst Phototechnik, Xerox, Konica Minolta and Others.

04-17-2020 08:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Large Format Printer Market 2020-2025: Hewlett Packard, Canon,

According to Market Study Report, Large Format Printer Market provides a comprehensive analysis of the Large Format Printer Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape, technological trends and market share information in the Large Format Printer Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Large Format Printer Market is projected to grow from USD 9.3 Billion in 2020 to USD 11.2 Billion by 2025; it is expected to grow at a CAGR of 3.8% from 2020 to 2025. This report spread across 167 pages, profiling 10 companies and supported with 65 tables and 73 figures are now available in this research.

Top Companies Profiled in the Large Format Printer Market:
o Hewlett Packard
o Canon
o Epson
o Mimaki Engineering
o Roland
o Ricoh
o Durst Phototechnik
o Xerox
o Konica Minolta
o Agfa-Gevaert

"The large format printer market for printer accounted for the largest share in 2019."
Printers held the largest share of the large format printer market in 2019. Large format printers support a print roll width between 18" and 100". These printers are widely used for applications such as printing banners, posters, trade show graphics, wallpapers, vehicle image wraps, architectural drawings, large artworks, signage, and backdrops for theatrical and media sets. Large format printers are used for various applications, including printing banners, posters, trade show graphics, wallpapers, vehicle image wraps, architectural drawings, construction plans, and backdrops for theatrical and media sets.

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"Based on printing technology, Ink-based (inkjet) printers is projected to grow at a high CAGR during the forecast period."
Ink-based (inkjet) printers are projected to grow at a high CAGR during the forecast period. Inkjet printer manufacturers have started providing faster inkjet printers with reduced running costs for large format printing, which has led to the widespread adoption of inkjet printers in this industry. The reason behind the decreasing demand for the toner-based printer is the replacement of these printers with inkjet printers due to their benefits such as low cost and low maintenance.

"The market for large format printers with a print width ranging from 60" to 70" is projected to grow at a high CAGR during the forecast period."
The market for large format printers with a print width ranging from 60" to 70" is expected to grow at the highest CAGR during the forecast period. Printers in this category are known as grand format printers. These printers are mostly used in large-scale commercial applications, such as banners, large vehicle graphics, and advertisements. They offer an output with great details and high quality.

"The market for solvent ink-based large format printers accounted for the largest share in 2019."
In 2019, the solvent ink-based large format printer accounted for the largest share of the market by ink type. The solvent ink is cheaper than UV-curable and water-based inks; this ink enables printing on various surfaces, including corrugated boards, papers, flexible packaging materials, metal foils, and plastic materials. Solvent inks are made up of petroleum-based chemicals and produce rich and vibrant colors.

Breakdown of primary participants' profile:
o By Company: Tier 1 = 45%, Tier 2 = 35%, and Tier 3 = 20%
o By Designation: C-level Executives = 35%, Directors = 25%, and Others (sales, marketing, and product managers, as well as members of various organizations) = 40%
o By Region: Americas = 45%, Europe = 20%, APAC = 30%, and RoW = 5%

Competitive Landscape of Large Format Printer Market:
1 Overview
2 Ranking Analysis Of Market Players, 2019
3 Competitive Situations And Trends
3.1 Product Launches And Developments
3.2 Collaborations, Agreements, And Partnerships
3.3 Expansions And Mergers & Acquisitions
4 Competitive Leadership Mapping
4.1 Visionary Leaders
4.2 Dynamic Differentiators
4.3 Innovators
4.4 Emerging Companies
5 Strength Of Product Portfolio
6 Business Strategy Excellence

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Research Coverage:
This report offers detailed insights into the large format printer market based on offering, printing material, printing technology, print width, ink type, application, and geography. Based on offering, the large format printer market has been segmented into printers, RIP software, and after-sales services. Based on printing material, the market has been segmented into porous/corrugated materials and non-porous materials. Based on printing technology, the large format printer market has been divided into ink-based (inkjet) printers and toner-based (laser) printers. Based on print width, the market has been classified into 17"-24", 24"-36", 36"-44", 44"-60", 60"-72", and 72" and above.

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