Digital Production Printer Market Size, Share and Global Trend By Technology (Inkjet, Electrophotography), By Feed (Continuous Feed, Cut Sheet), By Technology Vs. Feed (Continuous Feed Inkjet, Continuous Feed Electrophotography, Cut-Sheet Inkjet, Cut-Sheet Electrophotography), By Application (Transactional, Advertising) and Geography Forecast Till 2026
The global digital production printer market to gain from increasing adoption of digital printing. Recently, Fortune Business Insights published a report, titled “Digital Production Printer“ Market Size, Share and Global Trend By Technology (Inkjet, Electrophotography), By Feed (Continuous Feed, Cut Sheet), By Technology Vs. Feed (Continuous Feed Inkjet, Continuous-Feed Electrophotography, Cut-Sheet Inkjet, Cut-Sheet Electrophotography), By Application (Transactional, Advertising) and Geography Forecast Till 2025.” According to the report, in 2017 the global digital production printer market was valued at US$ 2352 Mn. The global market is anticipated to progress at a CAGR of 12.6% and reach US$ 5939.1 Mn by the end of 2025.
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Key Companies Covered In The Report
As per the report, North America emerged dominant in 2017 in the global digital production printer market. North America was valued at US$ 784.3 Mn in 2017. The region is expected to continue leading the global market through the forecast period. The rising adoption of digital technology and printing is expected to contribute to the growth witnessed in the region. Besides this, the digital production printer market in Asia Pacific was worth US$ 588.7 Mn in 2017.
Market Landscape and Market Scenario Includes:
Key Recent Developments
The literacy rate and per capita income of people in the Asia Pacific is expected to increase in the coming year, subsequently enabling growth in the region’s digital production printer market. The report predicts the Asia Pacific market to report a higher CAGR in the coming years. The increasing literacy rate is anticipated to generate demand for book, paper, magazines, and others, further bolstering demand in the global digital production printer market.
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Important Features that are under Offering and Key Highlights of the Market Report:
Increasing Shift towards Online Platforms to Increase Demand for Digital Production Printer
In terms of application, the advertising segment emerged dominant in the global digital production printer market in 2018. Besides this, catalogs, graphic acts, and transactional are a few segments anticipated to grow at a CAGR of more than 10% during the forecast period 2018-2025. The growth witnessed is attributable to rapid adoption of personalization among printing. This is likely to enable growth in the global digital production printer market.
Increasing the adoption of online platforms and increasing global literacy rate are a few factors anticipated to drive the global digital production printer market during the forecast period. Moreover, paradigm shift towards digital printing form offset technology is likely to increase the demand in global digital production printer market.
On the flip side, high cost associated with digital printer and complex mechanism of the digital printer are major factors that may hamper the growth in the global digital production printer market
Technological Developments Undertaken by Leading Brands to Enable Growth
Technological developments in the digital printers is anticipated to enable growth in the global digital production printer market.Canon, Ricoh, Xerox, Hewlett Packard, and Konica Minolta are a few major players in the global market and have recently announced products with advent features. Xerox is offering Trivor Presses and Versant, Canon offers ImageStream, VarioPrint and ColorStream, and others. Among key players Canon offers variety and extensive range of digital printers. This is anticipated to boost the global market.
The literacy rate and per capita income of people in the Asia Pacific are expected to increase in the coming year, subsequently enabling growth in the region’s market. The report predicts the Asia Pacific market to report a higher CAGR in the coming years. The increasing literacy rate is anticipated to generate demand for the book, paper, magazines, and others, further bolstering demand in the Global Digital Production Printer market.
Queries Addressed In Market Report:
The Global Digital Production Printer Market to gain from increasing adoption of digital printing. According to the report, in 2017 the Global Printer Market has valued at US$ 2352 Mn. The global market is anticipated to progress at a CAGR of 12.6% and reach US$ 5939.1 Mn by the end of 2025.
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Segmentation
1. By Technology
2. By Feed
3. By Technology Vs. Feed
4. By Application
5. By Geography
Increasing Shift towards Online Platforms to Increase Demand for Digital Production Printer
In terms of application, the advertising segment emerged dominant in the Global Digital Production Printer Market in 2018. Besides this, catalogs, graphic acts, and transactional are a few segments anticipated to grow at a CAGR of more than 10% during the forecast period 2018-2025. The growth witnessed is attributable to the rapid adoption of personalization among printing. This is likely to enable growth in the Global market.
On the flip side, the high cost associated with the digital printer and complex mechanism of the digital printer is a major factor that may hamper the growth in the Global Digital Production Printer market.
Increasing the adoption of online platforms and increasing global literacy rate is a few factors anticipated to drive the Global Market during the forecast period. Moreover, a paradigm shift towards digital printing form offset technology is likely to increase the demand in the Global market.
Key Features of Market Research Report:
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
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Table Of Content
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology and Acronyms
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Global Production Printed Pages by Digital Technology Market Overview (Billions of Pages)
4.1.1. By Application (Billions of Pages)
4.1.1.1.Transactional
4.1.1.2.Advertising(Direct Mail and Others)
4.1.1.3.Books
4.1.1.4.Newspaper
4.1.1.5.Magazines and Brochure
4.1.1.6.Others(Graphic Arts)
4.1.2. ByTechnology (Billions of Pages)
4.1.2.1.Inkjet/High-Speed Inkjet
4.1.2.2.Electrophotography
4.1.3. By Feed
4.1.3.1.Continuous Feed
4.1.3.2.Cut Sheet
4.1.4. By Printing
4.1.4.1.One-Sided Printing
4.1.4.2.Duplex Printing
4.1.5. Cut Sheet High Speed Inkjet Printer Analysis, By Paper Format Type
4.2. Global Digital Production Printers Market Overview
4.2.1.Installed Base and New Shipments, 2018 2025
4.3. Industry SWOT Analysis
4.4. Price Trend Analysis
5. Global Digital Production Printer Market Analysis,Insights and Forecast, 2018-2025
5.1. Definitions
5.2. Key Findings / Summary
5.3. Market Analysis, Insights and Forecast By Printing Technology
5.3.1.Inkjet/High Speed Inkjet
5.3.2.Electrophotography
5.4. Market Analysis, Insights and Forecast By Feed
5.4.1.Continuous Feed
5.4.2. CutSheet
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
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