Wide-Format Printer Market to Reach $9171.20M by 2020, According to New Market Research Report
DALLAS—September 16, 2014—According to a new market research report "Large Format Printer Market by Print Width (17" to 72" and above), Ink Type (Aqueous, Solvent, UV-Cured, Latex and Dye-Sublimation), Application (Apparels, Signage, Advertising, Tile Murals, and CAD), and Geography - Global Forecast to 2020," published by MarketsandMarkets, the large-format printer market value is expected to reach up to $9171.20 Million at a CAGR of 6.69 percent from 2014 to 2020.
Large- or wide-format printers have been created, keeping in mind, the graphic requirements of the various applications such as bill boards, banners, apparels, and signages, among others. Inkjet technology is the most used technology in LFPs due to the various advantages it offers over other technologies, which are laser and dot-matrix. They are quieter in operation than the impact dot matrix or daisywheel printers. They can print finer, smoother details through print heads with higher resolution at lower costs and; also, many consumer inkjets with photographic-quality printing are widely available.
Large-format printing offers various advantages over the traditional press-printing; above all, these printers can print on demand rather than by bulk. The images printed on large-format digital printers also tend to be a lot sharper with higher quality and color; although, these prints individually cost more than the other alternatives.
This report covers large-format printers on the basis of the different print widths and ink types. This report also segments large format printers on the basis of the various applications like apparels, signage, advertising, tile murals, and CAD; and geographically into Americas, Europe, Asia-Pacific, and the Rest of the World.
The wide- or large-format printer market statistics are given by print width, ink type, printer type, application, and geography. The major ink types covered in the report are aqueous, solvent, latex, UV-Cured, and dye-sublimation.
Apart from the market statistics, the report also includes qualitative analysis, such as the value chain with detailed process flow diagram; market dynamics such as drivers, restraints, and opportunities; winning imperatives; and industry trends in the overall large-format printer market.
Some of the key players in large-format printer market, which have been covered in this report, are HP (U.S.), Canon (Japan), Epson (Japan), Roland (Japan), and Ricoh (Japan), among others.
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