What is the current size of the global large format printer market - PowerPoint PPT Presentation

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What is the current size of the global large format printer market

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The large format printer market is projected to grow from USD 9.3 billion in 2020 to USD 11.2 billion by 2025; it is expected to grow at a CAGR of 3.8% from 2020 to 2025. – PowerPoint PPT presentation

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Title: What is the current size of the global large format printer market


1
MarketsandMarkets Presents
Large Format Printer Market by Offering
(Printers, RIP software, Services), Ink Type
(Aqueous, Solvent, UV Curable, Latex, Dye
Sublimation), Printing Technology, Printing
Material, Print Width, Application, and Geography
- Global Forecast to 2025 The large format
printer market is projected to grow from USD 9.3
billion in 2020 to USD 11.2 billion by 2025 it
is expected to grow at a CAGR of 3.8 from 2020
to 2025. 
2
MarketsandMarkets Presents
The large format printer market for printer
accounted for the largest share in
2019. Printers held the largest share of the
large format printer market in 2019. Large format
printers support a print roll width between 18"
and 100". Download PDF Brochure _at_
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id523 These printers are widely used for
applications such as printing banners, posters,
trade show graphics, wallpapers, vehicle image
wraps, architectural drawings, large artworks,
signage, and backdrops for theatrical and media
sets. Large format printers are used for various
applications, including printing banners,
posters, trade show graphics, wallpapers, vehicle
image wraps, architectural drawings, construction
plans, and backdrops for theatrical and media
sets.
3
MarketsandMarkets Presents
Based on printing technology, Ink-based (inkjet)
printers is projected to grow at a high CAGR
during the forecast period. Ink-based (inkjet)
printers are projected to grow at a high CAGR
during the forecast period. 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. The reason behind the decreasing demand
for the toner-based printer is the replacement of
these printers with inkjet printers due to their
benefits such as low cost and low maintenance.
4
MarketsandMarkets Presents
The market for large format printers with a
print width ranging from 60 to 70 is projected
to grow at a high CAGR during the forecast
period. The market for large format printers
with a print width ranging from 60 to 70 is
expected to grow at the highest CAGR during the
forecast period. Printers in this category are
known as grand format printers. These printers
are mostly used in large-scale commercial
applications, such as banners, large vehicle
graphics, and advertisements. They offer an
output with great details and high quality.
5
MarketsandMarkets Presents
The key players operating in the large format
printer are Hewlett Packard (US), Canon
(Japan), Epson (Japan), Mimaki Engineering
(Japan), Roland (US), Ricoh (Japan), Durst
Phototechnik (Italy), Xerox (US), Konica Minolta
(Japan), Agfa-Gevaert (Belgium), and Electronics
for Imaging (US). These companies focus on
adopting both organic and inorganic growth
strategies, such as product launches and
developments, expansions, agreements,
partnerships, joint ventures, collaborations,
mergers, and acquisitions to strengthen their
position in the market.
6
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.
7
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.
Aashish MehraMarketsandMarkets INC.630 Dundee
RoadSuite 430Northbrook, IL 60062USA
1-888-600-6441
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