TechNavio recognizes the following companies as the key players in the Global Printer market: Brother Industries Ltd., Cannon Inc., Hewlett-Packard Co., and Seiko Epson Corp.
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends witnessed in the Global Printer market is the increase in the demand for color prints. 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. Thus, increase in the demand for color prints is an emerging trend that is expected to significantly contribute to the growth of the Global Printer market.”
According to the report, one of the main factors driving the market is increase in the demand for inkjet technology printers. With the recent advances in inkjet technology printers including the invention of UV-curable inkjet printers, the demand for Inkjet technology printers has increased to a large extent. Advanced inkjet technology printers have many advantages such as greater speed, low cost of production, and a wide range of applications.
Further, the report states that one of the main challenges is slowdown in global economy. The growth of the Global Printer market is connected to the GDP of a country. The Eurozone crisis, which is continuing to affect different countries and the sluggish growth in the APAC region including India and Japan, have affected many sectors including the Global Educational sector, the Global Public sector, the Global BFSI sector, and the Global IT sector, which are the major end-users of the Global Printer market.
The report also includes a discussion of the other vendors operating in this market. The other vendor in the market is Samsung Electronics Corp. Ltd.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-printer-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Printer Market 2012-2016
