February 16, 2021 08:18 ET | Source: Research and Market Research and Market
Dublin, February 16, 2021 (Global News Agency)-ResearchAndMarkets.com has added the "Inkjet Printing Market-Growth, Trends, COVID-19 Impact and Forecast (2021-2026)" report to ResearchAndMarkets.com's products. The inkjet printing market is valued at USD 40.79 billion in 2020 and is expected to reach USD 49.20 billion at a compound annual growth rate of 3.11% during the forecast period from 2021 to 2026. Today's high-speed inkjet equipment provides higher quality and productivity printers for early adopters, which is driving the market forward. The inkjet printer market has expanded at an alarming rate in the past few years. Due to the intensified competition for market share among inkjet manufacturers, many innovative concepts and technological inventions have emerged, which are clearly reflected in today's color inkjet products. Due to the ability to print vivid color images at a relatively low cost, inkjet has dominated the home, small office, and large-format color printer markets. The sensitive balance between image quality, image durability, printing speed, purchase price and operating costs will determine the position of inkjet technology in the color printer market. Inkjet printing is the fastest growing printing process in graphics and packaging printing. In the next few years, inkjet printing will perform better than any other competitive system, mainly due to the huge investment in inkjet technology. It has become an important production tool in various applications, and printing presses and printing presses take many different forms. Book printing is a growing field of inkjet printing, while magazines and catalogs are growing substantially. Inkjet is often used in commercial printing applications, where wide format and high-speed printers are combined with very high-quality inkjet printers. The most significant change is in packaging-as new high-performance machines enter the market, early adopters profit by developing new services for customers. Other applications can be seen in inkjet printed ceramics, decorations, textiles, glass, biomedicine, and electronics, highlighting the breadth of capabilities that have been developed in accordance with digital printing commercial standards. The main drivers of inkjet adoption include big data, the Internet of Things, and the digitization of printing processes and packaging. In addition, smart production, speed, flexibility and cost control have also promoted the adoption of inkjet printing, because companies can become more flexible and responsive to customer needs by adopting digital printing, thereby driving the growth of the inkjet printing market. Although switching to inkjet printers brings potential advantages, there are also some limitations—for example, when longer runs are involved, printing costs are higher, especially when compared to analog printing. Key market trend tags are expected to dominate the market
Europe dominates the inkjet printer market
Competitive landscape The inkjet printing market is highly fragmented. In order to tap the potential of the inkjet printing market, many market participants play a role in the ink field and contribute to a strong competitive landscape. Whether it is product launches, mergers, acquisitions, or new marketing strategies, the market is full of vitality and competitiveness. HP Inc., Canon, and Brothers Industries Ltd. are the major players in the global inkjet printing technology market. These companies have participated in many growth and expansion strategies to gain a competitive advantage. Business participants also follow the value chain alliance and conduct commercial transactions in all links of the value chain.
Reasons for purchasing this report:
Key topics covered: 1 Introduction 1.1 Research hypothesis and market definition 1.2 Research scope 2 Research methodology 3 Executive summary 4 Market dynamics 4.1 Market overview 4.2 Introduction to market drivers and constraints 4.3 Market drivers, IoT big data 4.3.1 Printing process Digitalization and digitization of packaging and packaging 4.3.2 Intelligent production, speed, flexibility and cost control 4.4 Market constraints 4.4.1 The increasing popularity of digital advertising media 4.4.2 High prices and investment and technical constraints 4.4.3 Fierce competition among soft Mature technologies such as plate printing and screen printing 4.5 Market Opportunities 4.5.1 The shift to sustainability can promote market growth. 4.6 Industry attractiveness-Porter's five forces analysis 4.6.1 Bargaining power of suppliers 4.6.2 Bargaining power of consumers 4.6.3 Threats of new entrants 4.6.4 Intensity of competition 4.6.5 Threats of alternative products 4.7 COVID Industry 5 Market Segmentation 5.1 Application 5.1.1 Books/Publications 5.1.2 Commercial Printing 5.1.3 Advertising 5.1.4 Transactions 5.1.5 Labels 5.1.6 Packaging 5.1.7 Other Applications (Photo Albums, Magazines, Newspapers, Security ) 5.2 Geography 5.2.1 North America 5.2.2 Europe 5.2.2.1 Eastern Europe 5.2.2.2 Western Europe 5.2.3 Asia Pacific 5.2.3.1 Asia 5.2.3.2 Australasia 5.2.4 Latin America 5.2.5 Middle East and Africa 6 Competitive landscape 6.1 Company * 6.1.1 HP Development Company, LP 6.1.2 Jet Inks Private Limited 6.1.3 Brother Industries Ltd. 6.1.4 Xerox Corporation 6.1.5 Canon Inc. 6.1.6 Domino Printing Sciences PLC 6.1.7 Hitachi Industrial Equipment Systems Co. Ltd. 6.1.8 Lexmark International Corporation 6.1.9 Video eojet Technologies Inc. 6.1.10 Inkjet Inc. 6.1.11 Fujifilm Holdings Corporation 7 Investment Analysis 8 Market Opportunities and Future Trends For more information on this report, please visit https: //www.researchandmarkets.com/r/adzv8p