Global Inkjet Heads Market to Reach US$1.8 Billion by 2017, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Inkjet Heads markets. The global market for Inkjet Heads is forecast to reach US$1.8 billion by the year 2017. Key factors driving market growth include continuing growth in digital imaging; increasing adoption of new digital imaging devices; enduring developments in the area of multimedia; and emergence of new applications such as electronic deposition, microfabrication of three-dimensional structures, and microdispensing for biological applications. Increasing use of inkjet printheads in the industrial sector and textile printing industry are also expected to fuel future market growth.

Inkjet Heads: A Global Strategic Business Report

Follow us on LinkedIn - Inkjet printheads represent the largest selling Micro-Electro Mechanical Systems (MEMS) devices, and are widely used for small businesses and personal printing applications, which represent the leading consumer applications for inkjet heads. Though the inkjet heads market is mature, and is expected to exhibit limited growth compared to the other segments of the MEMS market, digital imaging would continue to be the key driver for the inkjet heads market in future. The market for inkjet heads, though mature, is evolving continuously. Increasing use of digital imaging devices, such as digital cameras and mobile phones, and the resultant need for printing digital photos is the key factor propelling the global inkjet heads market. In addition, the use of printing technology for other purposes, such as printing of electronic deposition, microfabrication of three-dimensional structures, and microdispensing for biological applications, is also driving the growth of the inkjet heads market. The constantly evolving field of multimedia also represents one of the major factors resulting in increased sales of inkjet heads, backed by the fact that printing needs increase as with increasing connectivity increase. Further, new and emerging applications in the industrial sector would also spur the inkjet heads market growth.

The US represents the largest regional market for Inkjet Heads worldwide, as stated by the new market research report on Inkjet Heads. Europe trails behind the US market. However, growth in the market would be led by the Asia-Pacific region, which is projected to be the fastest growing regional market during the analysis period. The Asia-Pacific inkjet market is forecast to post a compounded annual growth rate of more than 5.0% during the analysis period. Consumer market represents the largest end-use sector for inkjet heads worldwide. Demand for inkjet heads from the Industrial market is projected to increase at a faster rate compared to the consumer sector, registering a compounded annual growth rate of 3.6% during the analysis period.

Digital Imaging, with the evolution of devices such as mobile phones and digital cameras, is an important contributor to the growth of the inkjet heads market. Developments in the field of digital imaging significantly increased the printing needs of customers in the home and retail segments. Digital imaging, with increasing technological developments, is creating the need for improvements in print quality and print speed at low costs. This represents a major challenge for inkjet head manufacturers, who are constantly faced with the need to upgrade their technologies, in order to keep pace with the new requirements of the digital imaging industry. Resultantly, the evolution of the digital imaging industry has in turn ushered the development of advanced inkjet heads featuring sophisticated technologies.

Inkjet printing, over the years, not only evolved in terms of printing quality and speed, but also as a key technology for applications other than paper printing. The inkjet technology possesses immense potential to expand beyond printing, to applications in manufacturing and deposition, as inkjet heads have the ability to deposit small drops of any kind of fluid (both inks and non-inks) in a precise, well-defined, and repeatable format. In case of manufacturing, inkjet heads would aid in what would be called as ‘Printed electronics’ wherein the heads would deposit chemicals on any given substrate. However, the market for inkjet printhead in printed electronics is still in the nascent stages, as the field would need further technological advancements. Use of Inkjet technology used in the field of electronics would be a potential low-cost alternative to the traditional manufacturing process, thereby resulting in the manufacture of low cost electronics, including disposable RFID chips. Other emerging applications for inkjet heads include biomedical, retail kiosk systems, and inkjet in large companies.

The global inkjet heads represents a highly consolidated market, with only a handful companies having a dominant presence. Major players profiled in the report include Canon Inc., Eastman Kodak Company, FUJIFILM Dimatix Inc., Hewlett-Packard Company, Lexmark International, Inc., Olivetti S.p.A., Ricoh Printing Systems, Seiko Epson Corp., STMicroelectronics, Xaar Plc., among others.

The research report titled “Inkjet Heads: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the Inkjet Heads markets, current market trends, key growth drivers, the Different types of Inkjet Heads available in the market, competitive scenario, recent product launches, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for Inkjet Heads market for the years 2009 through 2017 for the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific, the Middle East, and Latin America. The report also analyzes the market by the following end-use markets – Consumer market, and Industrial markets. Also, a six-year (2003-2008) historic analysis is provided for additional perspective.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Inkjet_Heads_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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