Press release
Digital Production Printer Market set for rapid growth forecst 2019-2025| Key Players: Canon, Xerox, Ricoh USA, Inc.Hewlett Packard Enterprise, Konica Minolta
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/digital-production-printer-market-100158
Key Companies Covered In The Report
o Canon
o Xerox
o Ricoh USA, Inc.
o Hewlett Packard Enterprise
o Konica Minolta
As per the report, North America emerged dominant in 2017 in the global digital production printer market. North America was valued at US$ 784.3 Mn in 2017. The region is expected to continue leading the global market through the forecast period. The rising adoption of digital technology and printing is expected to contribute to the growth witnessed in the region. Besides this, the digital production printer market in Asia Pacific was worth US$ 588.7 Mn in 2017.
Key Recent Developments
o In February 2019- Fuji Xerox establishes sales partnership with Zoho to expand the lineup of Cloud-Based business services. With this collaboration, Fuji Xerox is expected to expand its service offerings in customer management, web marketing services and sales promotion to enable its users to transform their businesses through the utilization of information and communication technology (ICT).
o In September 2018- Bluecrest announced that it will showcase a full range of digital and physical print, mail, and software solutions at Print 18. These industry-leading solutions are aimed at helping businesses of all sizes optimize their print to mail operations, improve integrity and compliance, and drive growth.
o In Jan 2018- Kodak launches the NEXFINITY digital press platform, dramatically improving the versatility of digital printing through Dynamic imaging technology.
The literacy rate and per capita income of people in the Asia Pacific is expected to increase in the coming year, subsequently enabling growth in the region's digital production printer market. The report predicts the Asia Pacific market to report a higher CAGR in the coming years. The increasing literacy rate is anticipated to generate demand for book, paper, magazines, and others, further bolstering demand in the global digital production printer market.
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Increasing Shift towards Online Platforms to Increase Demand for Digital Production Printer
In terms of application, the advertising segment emerged dominant in the global digital production printer market in 2018. Besides this, catalogs, graphic acts, and transactional are a few segments anticipated to grow at a CAGR of more than 10% during the forecast period 2018-2025. The growth witnessed is attributable to rapid adoption of personalization among printing. This is likely to enable growth in the global digital production printer market.
Increasing the adoption of online platforms and increasing global literacy rate are a few factors anticipated to drive the global digital production printer market during the forecast period. Moreover, paradigm shift towards digital printing form offset technology is likely to increase the demand in global digital production printer market.
On the flip side, high cost associated with digital printer and complex mechanism of the digital printer are major factors that may hamper the growth in the global digital production printer market
Technological Developments Undertaken by Leading Brands to Enable Growth
Technological developments in the digital printers is anticipated to enable growth in the global digital production printer market. Canon, Ricoh, Xerox, Hewlett Packard, and Konica Minolta are a few major players in the global market and have recently announced products with advent features. Xerox is offering Trivor Presses and Versant, Canon offers ImageStream, VarioPrint and ColorStream, and others. Among key players Canon offers variety and extensive range of digital printers. This is anticipated to boost the global market.
The literacy rate and per capita income of people in the Asia Pacific are expected to increase in the coming year, subsequently enabling growth in the region's Digital Production Printer market. The report predicts the Asia Pacific market to report a higher CAGR in the coming years. The increasing literacy rate is anticipated to generate demand for the book, paper, magazines, and others, further bolstering demand in the Global Digital Production Printer market.
The Global Digital Production Printer Market to gain from increasing adoption of digital printing. According to the report, in 2017 the Global Digital Production Printer Market has valued at US$ 2352 Mn. The global market is anticipated to progress at a CAGR of 12.6% and reach US$ 5939.1 Mn by the end of 2025.
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Segmentation
1. By Technology
o Inkjet/High Speed Inkjet
o Electrophotography
2. By Feed
o Continuous Feed
o Cut Sheet
3. By Technology Vs. Feed
o Continuous Feed Inkjet/High-Speed Inkjet
o Continuous Feed Electrophotography
o Cut-Sheet Inkjet/High-Speed Inkjet
o Cut-Sheet Electrophotography
4. By Application
o Transactional
o Advertising (Direct Mail & Others)
5. By Geography
o North America (USA and Canada)
o Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
o Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Increasing Shift towards Online Platforms to Increase Demand for Digital Production Printer
In terms of application, the advertising segment emerged dominant in the Global Digital Production Printer Market in 2018. Besides this, catalogs, graphic acts, and transactional are a few segments anticipated to grow at a CAGR of more than 10% during the forecast period 2018-2025. The growth witnessed is attributable to the rapid adoption of personalization among printing. This is likely to enable growth in the Global Digital Production Printer market.'
On the flip side, the high cost associated with the digital printer and complex mechanism of the digital printer is a major factor that may hamper the growth in the Global Digital Production Printer market.
Increasing the adoption of online platforms and increasing global literacy rate is a few factors anticipated to drive the Global Digital Production Printer Market during the forecast period. Moreover, a paradigm shift towards digital printing form offset technology is likely to increase the demand in the Global Digital Production Printer market.
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Table Of Content
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology and Acronyms
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Global Production Printed Pages by Digital Technology Market Overview (Billions of Pages)
4.1.1. By Application (Billions of Pages)
4.1.1.1.Transactional
4.1.1.2.Advertising(Direct Mail and Others)
4.1.1.3.Books
4.1.1.4.Newspaper
4.1.1.5.Magazines and Brochure
4.1.1.6.Others(Graphic Arts)
4.1.2. ByTechnology (Billions of Pages)
4.1.2.1.Inkjet/High-Speed Inkjet
4.1.2.2.Electrophotography
4.1.3. By Feed
4.1.3.1.Continuous Feed
4.1.3.2.Cut Sheet
4.1.4. By Printing
4.1.4.1.One-Sided Printing
4.1.4.2.Duplex Printing
4.1.5. Cut Sheet High Speed Inkjet Printer Analysis, By Paper Format Type
4.2. Global Digital Production Printers Market Overview
4.2.1.Installed Base and New Shipments, 2018 - 2025
4.3. Industry SWOT Analysis
4.4. Price Trend Analysis
5. Global Digital Production Printer Market Analysis,Insights and Forecast, 2018-2025
5.1. Definitions
5.2. Key Findings / Summary
5.3. Market Analysis, Insights and Forecast - By Printing Technology
5.3.1.Inkjet/High Speed Inkjet
5.3.2.Electrophotography
5.4. Market Analysis, Insights and Forecast - By Feed
5.4.1.Continuous Feed
5.4.2. CutSheet
TOC Continued..!
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