Global Industrial Inkjet Printers Market Report and Forecast 2024-2032

Global Industrial Inkjet Printers Market Report and Forecast 2024-2032

Global Industrial Inkjet Printers Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global industrial inkjet printers market size reached a value of USD 9.27 billion in 2023. Aided by technological advancements, increasing demand from end-user industries, and the shift towards digital printing solutions, the market is projected to further grow at a CAGR of 6.3% between 2024 and 2032 to reach a value of USD 16.72 billion by 2032.

Industrial inkjet printers have gained significant traction across various sectors due to their versatility, precision, and cost-effectiveness. These printers utilise inkjet technology to produce high-quality prints on a wide range of substrates, including paper, plastics, textiles, ceramics, and metals. With advancements in printhead technology, ink formulations, and automation capabilities, industrial inkjet printers offer enhanced efficiency, faster production speeds, and superior print quality compared to traditional printing methods.

As per the industrial inkjet printers market analysis, ongoing advancements in inkjet printing technology, including improved printhead designs, higher resolution capabilities, and enhanced ink formulations, have significantly expanded the application scope of industrial inkjet printers. Manufacturers are continuously investing in research and development to introduce innovative solutions that cater to evolving customer requirements.

Various industries, such as packaging, textiles, automotive, electronics, and construction, are increasingly adopting industrial inkjet printers for product marking, labelling, coding, decoration, and customisation purposes, which fuels the industrial inkjet printers market growth. The versatility of inkjet printing enables businesses to meet diverse printing requirements efficiently, thereby driving market growth across these sectors.

The global printing sector is witnessing a notable shift from analogue to digital printing technologies due to their advantages in terms of flexibility, customisation, and cost-effectiveness. Industrial inkjet printers play a pivotal role in this transition, offering on-demand printing capabilities, shorter lead times, and reduced setup costs compared to traditional printing methods.

As per the industrial inkjet printers market outlook, industrial inkjet printer manufacturers are increasingly incorporating AI and ML algorithms into their printing systems to enhance performance, optimize print quality, and automate workflow processes. AI-powered predictive maintenance capabilities help in pre-emptively identifying potential equipment issues, minimising downtime, and improving overall operational efficiency.

The convergence of 3D printing and inkjet technology is opening new avenues for additive manufacturing in various industries, including aerospace, automotive, healthcare, and consumer goods, which can propel the industrial inkjet printers market expansion. Inkjet-based 3D printing enables the fabrication of complex, multi-material prototypes, functional parts, and customised products with high precision and speed, driving innovation and product development across diverse sectors.

With changing consumer preferences and increasing demand for personalised products, industrial inkjet printers are enabling businesses to offer customised packaging, labels, promotional materials, and consumer goods in the industrial inkjet printers market. Variable data printing capabilities allow for the seamless integration of unique text, graphics, and images, catering to individual customer requirements and enhancing brand engagement and loyalty.

In response to growing environmental concerns and regulatory pressures, inkjet ink manufacturers are developing eco-friendly ink formulations with reduced VOC emissions, lower energy consumption, and enhanced recyclability. Bio-based, water-based, and UV-curable inks are increasingly preferred for their sustainability credentials, contributing to the adoption of greener printing practices and circular economy initiatives across the industrial inkjet printing sector.

The e-commerce boom and changing consumer shopping habits are driving the demand for on-demand packaging solutions that offer flexibility, agility, and cost-effectiveness, which can also boost the industrial inkjet printers market share. Industrial inkjet printers enable the efficient production of custom-branded packaging, corrugated boxes, and shipping labels with variable content, barcodes, and QR codes, facilitating just-in-time manufacturing and reducing inventory storage requirements.

Strategic investments in distribution networks, localised production facilities, and customer support services enable companies to address the unique needs and preferences of emerging market customers, driving market penetration and revenue growth opportunities.

Market Segmentation

The market can be divided based on type, machine type, application, and region.

Market Breakup by Type

• On-Demand Inkjet Printer
• Continuous Inkjet Printer

Market Breakup by Machine Type

• 1 – 4 Lines Small Character Inkjet Printing Machine
• 1 – 5 Lines Inkjet Printing Machine
• 1 – 6 Lines Inkjet Printing System
• Big Character Inkjet Coding Machine
• Others

Market Breakup by Application

• Electrical and Electronics Components
• Ceramics
• Food and Beverages
• Packaging
• Cosmetics
• Automotive
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global industrial inkjet printers market. Some of the major players explored in the report by Expert Market Research are as follows:

• Ricoh Company Ltd.
• Keyence Corporation
• Arrow Systems Inc.
• InkJet, Inc.
• Hitachi, Ltd.
• Citronix Inc
• Dover Corporation (Markem-Imaje Group)
• Weber Marking Systems GmbH
• Pannier Corporation
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report. Show more