United States, Japan Show Growth in Large-format Printer Shipments in Q2 2013
FRAMINGHAM, MA—August 22, 2013—According to the latest results from the International Data Corp. (IDC) Worldwide Quarterly Large Format Printer Tracker, the market showed a year-over-year decline of -4.2 percent, with nearly 73,000 units shipped in the second quarter of 2013 (2Q13). Shipment value also experienced a year-over-year decline of -3.2 percent to $781 million. However, for the first time since the fourth quarter of 2010, two of the four largest large-format printer (LFP) markets posted year-over-year growth in this period. The United States and Japan posted 5.0 percent and 4.2 percent growth in unit shipments in 2Q13.
"While the worldwide LFP market is mature, we do see pockets of growth opportunity that can be very lucrative in the eco-solvent based printers segment," said Phuong Hang, program manager, Worldwide Large Format Printer Tracker. "We expect vendors to introduce new products soon to target these emerging markets."
- The technical segment of the large-format market is a driver of growth opportunity. This segment grew 2.4 percent year over year to more than 43,700 units shipped in 2Q13. It remains the largest application segment with more than 60 percent share of the total worldwide LFP market. This share is up 4 points from this time last year. In particular, the Americas region showed year-over-year unit growth of 17.8 percent in this large-format category for 2Q13.
- Conversely, the graphics application segment declined at -12 percent year over year to just under 29,000 units shipped. One bright spot occurred in the Japan market where these printers showed historically high 28 percent year-over-year growth.
- HP remains the global LFP market leader with 39.4 percent share, even with a two point share drop from a year earlier. HP continues to lead the technical market, with more than twice the unit shipments of its next competitor, Canon. HP also held its second place position in the graphics market behind Epson.
- Canon jumped one spot up from last quarter to become the second ranked vendor with 18.9% share, up 5 points from a year ago. The vendor grew 15.5 percent, the best year-over-year performance among the top 5, to 13,756 units shipped. This positive growth was driven by substantial 23.6 percent year-over-year gain in the technical market.
- Epson is the third ranked large-format vendor, down one place, from last quarter. The vendor declined -14.4 percent year over year in terms of unit shipments and represents 18.6 percent share in the worldwide LFP market. Despite showing significant year-over-year growth (102.6 percent) in the technical application segment, Epson experienced a decline of -24.1 percent in the graphics segment, which resulted in 13,501 units shipped in the second quarter of 2013.
- Roland surpassed Océ to become the fourth ranked vendor in the worldwide LFP market in terms of units shipped. The vendor increased 12.0 percent year over year in unit shipments and accounts for 3.8 percent share. Positive year-over-year gain of 12.0 percent in the graphics market helped fuel the vendor's overall growth.
- Océ rounded out the top 5 after losing out to Roland by less than 0.5 percent. The vendor experienced year-over-year growth of -5.1 percent and captured 3.6 percent share of the global LFP market. Océ's 17.8 percent year-over-year growth in the technical application segment was offset by a decline of -19.1 percent in the graphics segment. The vendor holds third place in the technical market.
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