Large Format Printer Market worth $11.4 billion by 2025

1
MarketsandMarkets Presents
Large Format Printer Market worth 11.4 billion
by 2025 The large format printer market was
worth USD 8.7 billion in 2018 and is projected to
reach USD 11.4 billion by 2025, at a CAGR of 4
from 2019 to 2025
2
MarketsandMarkets Presents
The growing demand for large format printers for
home furnishing decor and vehicle wrap
applications, the increasing demand for large
format printing from the in-plant market, and the
availability of large format printers in
different prices and varieties are creating huge
growth opportunities for the players in the large
format printer market. Download PDF Brochure _at_
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id523 The growth of the large format printer
market can also be attributed to the increasing
demand for large format printing in the textile,
advertising, and packaging industries rising
adoption of UV-curable inks in outdoor
advertising, CAD, and technical printing
applications and growing importance of digital
document production in commercial printing
applications.
3
MarketsandMarkets Presents
Market for large format printer hardware expected
to hold the largest market share during the
forecast period Large format printers are
computer-controlled printing devices that support
print roll width ranging from 18 inch to 100
inch. Printers that support print roll width of
over 100 inch are considered as super-wide or
grand format printers. Large format printers are
used for various applications, including printing
banners, posters, trade show graphics, wallpaper,
vehicle image wraps, architectural drawings,
construction plans, and backdrops for theatrical
and media sets. Manufacturers such as
Hewlett-Packard (HP) and Canon, provide a variety
of large format printers, such as large format
printers-color (used in color printing
applications that do not strictly require a high
print quality), large format printers-black
white (used for black and white printing
requirements), and large format printers-graphics
(used for indoor and outdoor display graphic
applications, such as advertising, banners and
posters, billboards, and wall frontage displays,
on various paper and plastic materials).
4
MarketsandMarkets Presents
Ink-based (inkjet) printing technology expected
to hold the largest market share during the
forecast period One of the major reasons for the
higher market for inkjet printers is the
increasing use of inkjet large format printers
for technical and CAD printing. Traditionally,
the architecture, engineering, and construction
(AEC) industry preferred laser printers as these
printers used lesser colors and ensured higher
printing speed than inkjet printers. However,
with time, inkjet printer manufacturers have
started providing faster inkjet printers with
reduced running costs for large format printing,
which has led to the widespread adoption of
inkjet printers in this industry.
5
MarketsandMarkets Presents
The report profiles key players including
Hewlett-Packard (HP) (US), Canon (Japan), Epson
(Japan), Mimaki Engineering (Japan), Roland (US),
Ricoh (Japan), Durst Phototechnik (Italy), Xerox
(US), and Konica Minolta (Japan). .
6
MarketsandMarkets Presents
Americas held the largest share of the large
format printer market in 2018 The signage and
advertising sector in the Americas is growing
rapidly companies in this region are investing
more in outdoor advertising and indoor signage.
Retail giants such as Walmart and Carrefour are
driving the growth of the market for signage
applications. The demand for large format
printers in the Americas is more for outdoor
advertising and indoor signage applications
compared to other applications, such as apparels
and tile murals. The market in the Americas is
more mature than the market in APAC and other
regions. The Americas is likely to contribute
significantly to the growth of the overall large
format market during the forecast period.
7
MarketsandMarkets Presents
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. Our 850 fulltime analyst and
SMEs at MarketsandMarkets are tracking global
high growth markets following the "Growth
Engagement Model GEM". The GEM aims at
proactive collaboration with the clients to
identify new opportunities, identify most
important customers, write "Attack, avoid and
defend" strategies, identify sources of
incremental revenues for both the company and its
competitors.
8
MarketsandMarkets Presents
MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of niche markets. ContactMr.
Shelly SinghMarketsandMarkets INC. 630 Dundee
Road Suite 430 Northbrook, IL 60062 USA
1-888-600-6441