Press release
Digital Production Printer Market| Top Companies | Regional Scope, Segment Growth, Revenue Statistics | Industry Share Forecast
Global digital production printer market, valued at US$ 2,352 Mn in 2017, is projected to reach US$ 5,939.1 Mn by the end of 2025, exhibiting a CAGR of 12.6%.
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The literacy rate and per capita income of people in 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. Increasing literacy rate is anticipated to generate demand for book, paper, magazines, and others, further bolstering demand in the global Digital Production Printer Market.
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 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.
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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.
Key Companies Mentioned in Report
Canon
Xerox
Ricoh
Hewlett Packard
Konica Minolta
Other players
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Table of Content:
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Global Production Printed Pages by Digital Technology Market Overview (Billions of Pages)
By Application (Billions of Pages)
By Technology (Billions of Pages)
By Feed
By Printing
Global Digital Production Printers Market Overview
Industry SWOT Analysis
Price Trend Analysis
Global Digital Production Printer Market Analysis, Insights and Forecast, 2018-2025
Definitions
Key Findings / Summary
Market Analysis, Insights and Forecast - By Printing Technology
Inkjet/High Speed Inkjet
Electrophotography
Market Analysis, Insights and Forecast - By Feed
Continuous Feed
Cut Sheet
Market Analysis, Insights and Forecast - By Printing Technology Versus Feed
Continuous Feed
Inkjet/High Speed Inkjet
Electrophotography
Cut Sheet
Inkjet/High Speed Inkjet
Electrophotography
Market Analysis, Insights and Forecast - By Application
Transactional
Advertising (Direct Mail and Others)
Market Analysis, Insights and Forecast - By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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