Global Printers Market 2015-2019
A printer is an electronic device used to print text and images from computers on papers or a printable medium of different sizes. There are two types of printers: impact and non-impact. An impact printer produces text and images on paper by pressing the print ribbon onto the paper using pins. On the other hand, a non-impact printer does not strike on a paper to print a test or an image, and it is noiseless compared to an impact printer. A printer can also be classified on the basis of the print technology it uses; the most popular ones include inkjet printer, laser printer, dot-matrix printer, and thermal printer. Dot-matrix is an impact printer, whereas inkjet and laser are non-impact printers. Inkjet printers form an image on the paper by dropping tiny droplets of ink on the paper through small nozzles. Laser printers use cylindrical drums that roll electrically charged beam onto the paper.
Technavio's analysts forecast the global printers market to grow at a CAGR of 2.3% over the period 2014-2019.
Covered in this Report
The report includes the present scenario and the growth prospects of the global printers market for the period 2015-2019. The market can be segmented on the basis of page sizes, product, and technology.
Technavio's report, Global Printers Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Printer Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Printer Market: Brother, Canon, Epson, HP and Kyocera
Other Prominent Vendors in the market are: Panasonic, Samsung, Sony and Xerox
Commenting on the report, an analyst from Technavio’s team said: “Growing demand for color prints is an emerging trend that is expected to significantly contribute to the growth of the Global Printer market during the forecast period. The shift in the Global Printer market from black and white print impressions to color print impressions has resulted in an increase in the demand for high-speed continuous-feed inkjet printers and in turn, has boosted the growth of the overall Printer market. By the use of new technology printers such as ultra-high volume inkjet printers, the average cost per color impression will drop significantly. Therefore, increasing the demand for color printers in the market.”
According to the report, industries are competing with one another and looking out for innovative ways to increase communication and interaction with prospective customers. Brands are looking to effectively communicate their message through their packaging and labeling, with little cost and lead time. This is leading to the growing demand for economic, short print runs, which will drive the market during the forecast period.
Further, the report states that the market competition has intensified, and many vendors are competing with each other to capture the highest market share.
Brother, Canon, Epson, HP, Kyocera, Panasonic, Samsung, Sony, Xerox