Global Printer Market 2023-2032 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies Brother Industries Ltd., Seiko Epson Corp., Hewlett-Packard Company (HP), Canon, Ricoh

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Printer market report by The Business Research Company, the rising demand for 3D printers is anticipated to propel the growth of the printer market over the forecast period. 3D printers use a technique called additive processing to shape (or print) physical objects layer by layer before the design is finished. Companies across industries, from automotive to consumer products, are becoming aware of the benefits of 3D printers provide for production. For instance, in August 2021, Shapeways Holdings, Inc., a US-based marketplace and service for 3D printing, in the study, 63% strongly agreed that their firm is developing confidence in 3D printing at scale, and 87% agreed that severe pandemic-related supply chain disruptions spurred 3D printing investments. Investments in 3DP are anticipated to yield a variety of advantages, including higher labor productivity (64%), increased asset utilization (57%), and lower inventory costs (46%). Therefore, the rising demand for 3D printers drives the growth of the printer market.

The global printer market size will grow from $10.71 billion in 2022 to $11.37 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global printer market size is expected to grow to $14.18 billion in 2027 at a CAGR of 5.7%.

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Major competitors in the Printer market include Brother Industries Ltd., Seiko Epson Corp., Hewlett-Packard Company (HP), Canon, Ricoh, Samsung Electronics Co. Ltd., Konica Minolta Inc., Hitachi, Zebra Technologies, Lexmark International Inc., Printek LLC., Durst, Bixolon Co. Ltd., Fujitsu, Honeywell International Inc., Polaroid Corporation, Inca Digital Printers, Toshiba Tec Corporation, Kyocera Corp., Sharp Corp., Agfa and Gevaert and Eastman Kodak Company.

The Printer market is segmented -
• By Type: Dot-Matrix Printers, Line Printers, Daisy-Wheel Printers, Laser & Led Printers, Mono Printers
• By Technology: Inkjet, Thermal, Impact
• By Printer Interface: Wired, Wireless
• By Output Type: Color, Monochrome5) By End-user Applications: Residential, Commercial, Educational Institutions, Enterprises, Government, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Printer market.

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A printer is a device that receives text and graphics output from a computer and sends that information to generate a hard copy.

The Table Of Content For The Printer Market Include:
1. Executive Summary
2. Printer Market Characteristics
3. Printer Market Trends And Strategies
4. Printer Market Market - Macro Economic Scenario
5. Printer Market Size And Growth
………
28. Key Mergers And Acquisitions In The Printer Market
29. Printer Market Future Outlook and Potential Analysis
30. Appendix

The "Global Printer Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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