Large Format Printer Market Rising Trends & Demands | Epson, Hewett Packard Inc, Roland DG Corporation


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The market for large format printers is expected to grow at a faster pace with the adoption of UV Curable inkjet Printers.

HYDERABAD TELANGANA INDIA (November 7, 2022 /EINPresswire.com/ — IndustryARC’s latest report forecasts that the Large Format Printer Market will grow at a 3.3% CAGR between 2021-2026. Large Format Printers are used to print banners and posters, wallpaper, vehicle wraps and trade show graphics. They are also used for constructional plans and other documents. Large Format Printers will grow in the coming years due to increased demand from various industries like textiles, advertising, packaging, and wireless printing. The report provides a comprehensive analysis of the market, its major segments and growth factors, as well as key players, challenges, drivers, and key players.

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Here are some key takeaways

The following areas are highlighted in the IndustryARC report on Large Format Printer Market

• The top 10 companies in the Large Format Printer are Epson, Hewett Packard Inc, Roland DG Corporation, Mimaki Engineering Co Ltd, Agfa-Gevaert NV, Mutoh Holdings Co, Canon Inc, Ricoh Company Ltd, Konica Minolta and Xerox.

• Large Format Printer with width ranging from 24” to 36”is analyzed to hold the highest share during the forecast period.

• Signage is analyzed to hold highest share at 28.2% in 2020 and is projected to witness fast growth during the forecast period 2021-2026, owing to wide range of applications such as advertisement, warning signs and so on.

• APAC dominated the Large Format Printer Market in 2020 with a share in excess of 38%, owing to emerging graphical industry.

Segmental Analysis:

• Large Format Printer with width ranging from 24” to 36”is analyzed to hold the highest share with a value of 32.2% in 2020, owing to usage in signage, CAD applications and so on. Printers with 24”-36” are technologically updated with a wide range of features such as high-speed printing, wireless printing from anywhere, inbuilt ram, compatibility with mobile devices and efficient ink cartridges.

• By Application, the Large Format Printer Market is segmented into Apparel & Textile, Signage, Advertising, Décor and CAD as well as Technical Printing. Signage in Large Format Printers is expected to see rapid growth due to increased advertising and marketing use.

• APAC dominated the Large Format Printer Market by a market share of more than 38% in 2020, owing to rise in use of large format printer for graphic printing, signage, textile printing and Computer aided design (CAD) as well as technical printing.

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Competitive Landscape

The Top 5 Large Format Printer Industry Players are:

1. Epson
2. Hewett Packard Inc
3. Roland DG Corporation
4. Mimaki Engineering Co Ltd
5. Agfa-Gevaert NV

Click here for the complete report summary
https://www.industryarc.com/Research/Large-Format-Printer-Market-Research-505436

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IndustryARC is a leading market research and consulting firm in the world. It produces over 500 market reports per year. IndustryARC can provide a detailed overview of any market. The website allows you to not only purchase your preferred market report, but also receive personalized assistance with specific reports.

Related Reports

A. Large Format Inkjet Printers Market – Forecast (2021 – 2026):
https://www.industryarc.com/Report/15761/large-format-inkjet-printers-market.html

B. Printers Market – Forecast (2021 – 2026):
https://www.industryarc.com/Report/18624/printers-market.html

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IndustryARC
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