Key players - HP (U.S.), Canon (Japan), Epson (Japan), Roland (Japan), and Ricoh (Japan), among others.
(PRWEB) October 11, 2014
The report “Large Format Printer Market by Print Width, Ink Type, Application, and Geography - Global Forecast to 2020”, defines and segments large format printer market into various sub-segments with an in-depth analysis and forecasting of revenues. It also identifies the drivers and restraints for this market with the insights on trends, opportunities, and challenges.
The large format printer market value is expected to reach up to $9171.20 Million at a Compound Annual Growth Rate (CAGR) of 6.69% from 2014 to 2020.
Browse 117 market data tables and 45 figures spread through 155 pages and in-depth TOC on “Large Format Printer Market”
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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.
Packaging industry is expected to be the highest growth sector for the global large format printer market in the coming years. Corrugated material, an integral component of packaging industry is being considered as the next digital domain for printing.
The idea of digital corrugated boxes or display printing is not new. The market initially suffered from hiccups, partly due to the fact that printer and ink technology wasn’t ready, but now the scenario is different. Currently, this market is ruled by flexographic or lithographic printing, but customers, these days, are demanding for shorter runs and shorter lead times, along with additional facility to personalize the printed images. These things are all possible with the help of LFPs.
Corrugated packaging and display materials are versatile mediums that can act as strong enclosures not only for product promotions, but for POS signage, personalized or localized promotional boxes, and general packaging containers as well.
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.
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.
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