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Large Format Printer Market worth $11.63 billion by 2030, growing at a CAGR of 4.99% - Exclusive Report by 360iResearch

03-06-2024 07:52 AM CET | Consumer Goods & Retail

Press release from: 360iResearch

Large Format Printer Market | 360iResearch

Large Format Printer Market | 360iResearch

The "Large Format Printer Market by Offering (After-Sales Services, Printers, RIP Software), Color Type (Black & White, Color), Printing Technology, Printer Width, Printing Material, Ink Type, Connectivity, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Large Format Printer Market to grow from USD 8.27 billion in 2023 to USD 11.63 billion by 2030, at a CAGR of 4.99%.

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Large or wide format printers are designed to produce prints, graphics, and documents larger than standard desktop printers. This type of printer is specifically designed to handle expansive print media ranging in size from 17 inches to over 72 inches wide. These printers can produce high-resolution and large-scale output, making them ideal for various advertising, engineering, architecture, and graphic design applications. Increasing demand from large format printers in advertising and textile industries and the adoption of UV-curable inks in technical printing have expanded the market demand. Technological advancements in printing technologies and materials and an increasing demand for customized products featuring high-quality graphics are anticipated to contribute to overall large-format printer market growth. However, the high initial investment required for procuring these printers, coupled with their ongoing operational costs and complexities associated with them, affect the market adoption. Moreover, emerging trends such as 3D printing and advanced software solutions have opened new potential opportunities within this industry.

The Americas has a significant landscape in the large format printer market owing to businesses increasing their focus on high-quality printing for indoor and outdoor applications. The rise of e-commerce has also driven demand for large-format packaging solutions to improve product visibility and branding. Region's robust graphic arts industry advancements in digital textile printing technology and investment in eco-solvent printers to complete sustainability goals and reduce environmental impact significantly increase the market demand in the Americas region. The European Union is home to a highly competitive LFP market with key players focusing on product innovation to maintain a competitive edge. The shift towards sustainable technologies has led manufacturers to develop environmentally friendly inkjet printing solutions that significantly reduce energy consumption. In the Middle East, investments in infrastructure development projects are driving demand for wide-format printers used for creating signage and advertising materials. The APAC region is observing an expanding landscape fueled by a flourishing advertising industry and the growth of domestic industries such as packaging, textiles, and ceramic tile printing. Manufacturers also make strides in technological innovation to produce more cost-effective and energy-efficient large-format printers.

Market Segmentation & Coverage:

This research report categorizes the Large Format Printer Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Offering, market is studied across After-Sales Services, Printers, and RIP Software. The Printers commanded largest market share of 58.46% in 2023, followed by After-Sales Services.

Based on Color Type, market is studied across Black & White and Color. The Color commanded largest market share of 60.45% in 2023, followed by Black & White.

Based on Printing Technology, market is studied across Ink-Based Inkjet Printers and Toner-Based Laser Printers. The Ink-Based Inkjet Printers commanded largest market share of 50.34% in 2023, followed by Toner-Based Laser Printers.

Based on Printer Width, market is studied across 17"-24", 24"-36", 36"-44", 44"-60", 60"-72", and 72" and Above. The 24"-36" commanded largest market share of 20.75% in 2023, followed by 44"-60".

Based on Printing Material, market is studied across Non-porous Material and Porous Material. The Non-porous Material commanded largest market share of 58.17% in 2023, followed by Porous Material.

Based on Ink Type, market is studied across Aqueous, Dye Sublimation, Latex, Solvent, and UV-Based Ink. The Solvent commanded largest market share of 29.24% in 2023, followed by Dye Sublimation.

Based on Connectivity, market is studied across Wired and Wireless. The Wireless commanded largest market share of 55.79% in 2023, followed by Wired.

Based on Application, market is studied across Apparel & Textile, CAD & Technical Printing, Decor, and Signage & Advertising. The Signage & Advertising commanded largest market share of 34.20% in 2023, followed by Apparel & Textile.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 39.99% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Large Format Printer Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Large Format Printer Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Large Format Printer Market, highlighting leading vendors and their innovative profiles. These include Agfa-Gevaert N.V., Apex by Microtec Technology Co., Ltd., Brother Industries, Ltd., Canon Inc., Colorjet India Limited, Durst Group AG, Electronics For Imaging, Inc., FUJIFILM Holdings Corporation, HP Inc., ITW Diagraph GmbH, KIP America, Inc., Konica Minolta, Inc., KYOCERA Corporation, Lexmark International, Inc., LogoJET Inc., Mimaki Engineering Co., Ltd., Modix Modular Technologies Ltd., MS Printing Solutions by Dover Industries Italy Srl, Mutoh Holdings Co. Ltd., Nikon SLM Solutions AG, OKI Electric Industry Co., Ltd., Ricoh Company, Ltd., Roland DGA Corporation, Seiko Epson Corporation, Shenzhen Runtianzhi Digital Equipment Co., LTD, swissQprint AG, and Xerox Holdings Corporation.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Large Format Printer Market, by Offering
7. Large Format Printer Market, by Color Type
8. Large Format Printer Market, by Printing Technology
9. Large Format Printer Market, by Printer Width
10. Large Format Printer Market, by Printing Material
11. Large Format Printer Market, by Ink Type
12. Large Format Printer Market, by Connectivity
13. Large Format Printer Market, by Application
14. Americas Large Format Printer Market
15. Asia-Pacific Large Format Printer Market
16. Europe, Middle East & Africa Large Format Printer Market
17. Competitive Landscape
18. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Large Format Printer Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Large Format Printer Market?
3. What is the competitive strategic window for opportunities in the Large Format Printer Market?
4. What are the technology trends and regulatory frameworks in the Large Format Printer Market?
5. What is the market share of the leading vendors in the Large Format Printer Market?
6. What modes and strategic moves are considered suitable for entering the Large Format Printer Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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