Inkjet Printers - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Inkjet Printers Market is accounted for $34.89 billion in 2019 and is expected to reach $61.30 billion by 2027 growing at a CAGR of 7.3% during the forecast period. The rapidly increasing advertisement industry, coupled with growing demand for higher print resolution and better print quality is the major factor propelling the market growth. However, the high cost of the printer and the cartridges compared to other traditional machinery and accessories is hampering the market growth.
Inkjet printers print a picture by propelling drop of ink against paper and plastic substrates. Inkjet printers are the most generally used type of printer, and selection from miniature low-cost customer models to high-priced specialized equipment.
Based on the type, the multifunctional printers (MFP) segment is estimated to have a lucrative growth due to growing demand for these printers; numerous companies are developing and launching new and innovative multifunctional inkjet printers. These printers can conduct varieties of activities such as print, scan, copy, fax etc. that highlights its versatility.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to growing penetration of advanced technology, and increasing industrialization is driving the demand for innovative tools such as inkjet printers in this region. It offers major opportunities to the manufacturers of inkjet printers. The manufacturing cost and the labour cost is low in this region, which makes it an ideal location to set up production plants for bulk production.
Some of the key players profiled in the Inkjet Printers Market include Brother Industries, Ltd., Canon Singapore Pte. Ltd., HP Development Company, L.P., Keyence Corporation, Konica Minolta, Inc., Pannier Corporation, Seiko Epson Corporation, Videojet Technologies, Inc., Xerox Corporation, Inkjet Inc., Lexmark International Inc. , Domino Printing Sciences PLC and Hitachi Industrial Equipment Systems Co. Ltd. .
• Ultraviolet (UV) Inkjet
• Drop-on-demand (DOD)
• Continuous Inkjet
• Desktop Printers
• Industrial Inkjet Printers
• Inkjet Press
• Large Format Printers
• Multifunctional Printers (MFP)
• Textile Printers
End Users Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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