Large Format Printer Market by Offering (After-Sales Services, Printers, RIP Software), Color Type (Black & White, Color), Printing Technology, Printer Width, Printing Material, Ink Type, Connectivity, Application - Global Forecast 2024-2030
The Large Format Printer Market size was estimated at USD 8.27 billion in 2023 and expected to reach USD 8.67 billion in 2024, at a CAGR 4.99% to reach USD 11.63 billion by 2030.
Large or wide format printers are designed to produce prints, graphics, and documents larger than standard desktop printers. This type of printer is specifically designed to handle expansive print media ranging in size from 17 inches to over 72 inches wide. These printers can produce high-resolution and large-scale output, making them ideal for various advertising, engineering, architecture, and graphic design applications. Increasing demand from large format printers in advertising and textile industries and the adoption of UV-curable inks in technical printing have expanded the market demand. Technological advancements in printing technologies and materials and an increasing demand for customized products featuring high-quality graphics are anticipated to contribute to overall large-format printer market growth. However, the high initial investment required for procuring these printers, coupled with their ongoing operational costs and complexities associated with them, affect the market adoption. Moreover, emerging trends such as 3D printing and advanced software solutions have opened new potential opportunities within this industry.
Regional Insights
The Americas has a significant landscape in the large format printer market owing to businesses increasing their focus on high-quality printing for indoor and outdoor applications. The rise of e-commerce has also driven demand for large-format packaging solutions to improve product visibility and branding. Region’s robust graphic arts industry advancements in digital textile printing technology and investment in eco-solvent printers to complete sustainability goals and reduce environmental impact significantly increase the market demand in the Americas region. The European Union is home to a highly competitive LFP market with key players focusing on product innovation to maintain a competitive edge. The shift towards sustainable technologies has led manufacturers to develop environmentally friendly inkjet printing solutions that significantly reduce energy consumption. In the Middle East, investments in infrastructure development projects are driving demand for wide-format printers used for creating signage and advertising materials. The APAC region is observing an expanding landscape fueled by a flourishing advertising industry and the growth of domestic industries such as packaging, textiles, and ceramic tile printing. Manufacturers also make strides in technological innovation to produce more cost-effective and energy-efficient large-format printers.
Market Insights
- Market Dynamics
The market dynamics represent an ever-changing landscape of the Large Format Printer Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.- Market Drivers
- Continuous expansion of the textile industry across economies
- Rising significance of digital CAD and technical printing with expansion of manufacturing and construction sectors
- Increasing adoption of UV-curable inks in technical printing and outdoor advertising applications
- Market Restraints
- High initial investments and operational costs
- Market Opportunities
- Technological advancements and improvements in large format printers
- Growing utilization of large format printers in decor and interior designing
- Market Challenges
- Design limitations and operational complexities
- Market Segmentation Analysis
- Offering: after-sales services provide a steady revenue stream and influencing repeat purchase decisions
- Color Type: Proliferating use of color & black and white large format printers among advertising agencies
- Printing Technology: Adoption of Ink-based (Inkjet) printers providing high-quality images and text
- Printer Width: Increasing utilization of 24-36 large format printers due to their functionality and space economy
- Printing Material: Lightweight characteristic of porous printing material boosted development of advanced 3D printing material
- Ink Type: Increasing use of solvent inks due to its durability and substrate compatibility
- Connectivity: Increasing in utilization of wireless connectivity enhanced functionality and flexibility
- Application: Extensive utilization of large format printers in the apparel and textile industry
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Large Format Printer Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Large Format Printer Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments- FKM Sintertechnik Invests in voxeljet’s VX1000 HSS Large-Format Polymer 3D Printer
voxeljet AG has announced that FKM Sintertechnik GmbH is now a part of its High-Speed Sintering (HSS) beta program. This collaboration enables FKM Sintertechnik to expand its production capacity using the powerful VX1000 3D printer. This collaboration between voxeljet AG and FKM Sintertechnik represents an exciting advancement in high-speed 3D printing technology.
Kirkwood Expands Its Presence in the Large Format Printing Industry with the Acquisition of DGI Invisuals
Kirkwood acquired DGI Communications' Invisuals print division by Kirkwood to meet the growing needs of its valued customers. Together, Kirkwood and DGI Invisuals provide innovative and dynamic solutions tailored to the unique requirements of various industries. The aim is to ensure that clients' messages effectively reach their target audiences.
Canon Launches New imagePROGRAF Multi-Use Large Format Printers for CAD Drawings and Posters
Canon introduced the imagePROGRAF Series, which consists of single-function and multifunction printers designed for corporate, engineering, and print shop applications. The TM Series has the L-COA PRO II image processing engine, enabling faster start-up from sleep mode and 28% quicker printing than previous models. The new line-up delivers vibrant prints on plain paper at high speed, ensuring superior color reproduction and stability with magenta ink and all-color pigment ink.
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Large Format Printer Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Large Format Printer Market, highlighting leading vendors and their innovative profiles. These include Agfa-Gevaert N.V., Apex by Microtec Technology Co., Ltd., Brother Industries, Ltd., Canon Inc., Colorjet India Limited, Durst Group AG, Electronics For Imaging, Inc., FUJIFILM Holdings Corporation, HP Inc., ITW Diagraph GmbH, KIP America, Inc., Konica Minolta, Inc., KYOCERA Corporation, Lexmark International, Inc., LogoJET Inc., Mimaki Engineering Co., Ltd., Modix Modular Technologies Ltd., MS Printing Solutions by Dover Industries Italy Srl, Mutoh Holdings Co. Ltd., Nikon SLM Solutions AG, OKI Electric Industry Co., Ltd., Ricoh Company, Ltd., Roland DGA Corporation, Seiko Epson Corporation, Shenzhen Runtianzhi Digital Equipment Co., LTD, swissQprint AG, and Xerox Holdings Corporation.
Market Segmentation & Coverage
This research report categorizes the Large Format Printer Market to forecast the revenues and analyze trends in each of the following sub-markets:- Offering
- After-Sales Services
- Printers
- RIP Software
- Color Type
- Black & White
- Color
- Printing Technology
- Ink-Based Inkjet Printers
- Toner-Based Laser Printers
- Printer Width
- 17-24
- 24-36
- 36-44
- 44-60
- 60-72
- 72 and Above
- Printing Material
- Non-porous Material
- Porous Material
- Ink Type
- Aqueous
- Dye Sublimation
- Latex
- Solvent
- UV-Based Ink
- Connectivity
- Wired
- Wireless
- Application
- Apparel & Textile
- CAD & Technical Printing
- Decor
- Signage & Advertising
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
- Americas
- Market Drivers
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Continuous expansion of the textile industry across economies
- 5.1.1.2. Rising significance of digital CAD and technical printing with expansion of manufacturing and construction sectors
- 5.1.1.3. Increasing adoption of UV-curable inks in technical printing and outdoor advertising applications
- 5.1.2. Restraints
- 5.1.2.1. High initial investments and operational costs
- 5.1.3. Opportunities
- 5.1.3.1. Technological advancements and improvements in large format printers
- 5.1.3.2. Growing utilization of large format printers in decor and interior designing
- 5.1.4. Challenges
- 5.1.4.1. Design limitations and operational complexities
- 5.2. Market Segmentation Analysis
- 5.2.1. Offering: after-sales services provide a steady revenue stream and influencing repeat purchase decisions
- 5.2.2. Color Type: Proliferating use of color & black and white large format printers among advertising agencies
- 5.2.3. Printing Technology: Adoption of Ink-based (Inkjet) printers providing high-quality images and text
- 5.2.4. Printer Width: Increasing utilization of 24-36 large format printers due to their functionality and space economy
- 5.2.5. Printing Material: Lightweight characteristic of porous printing material boosted development of advanced 3D printing material
- 5.2.6. Ink Type: Increasing use of solvent inks due to its durability and substrate compatibility
- 5.2.7. Connectivity: Increasing in utilization of wireless connectivity enhanced functionality and flexibility
- 5.2.8. Application: Extensive utilization of large format printers in the apparel and textile industry
- 5.3. Market Trend Analysis
- 5.3.1. Growing introduction of budget-friendly and advanced large format printers with expanding packaging applications in Americas
- 5.3.2. Expanding fashion and textile industries with presence of major regional players in the Asia-Pacific
- 5.3.3. Increasing advancements in large format printers coupled with multinational companies expanding their presence in the emerging economies of the EMEA region
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework Analysis
- 6. Large Format Printer Market, by Offering
- 6.1. Introduction
- 6.2. After-Sales Services
- 6.3. Printers
- 6.4. RIP Software
- 7. Large Format Printer Market, by Color Type
- 7.1. Introduction
- 7.2. Black & White
- 7.3. Color
- 8. Large Format Printer Market, by Printing Technology
- 8.1. Introduction
- 8.2. Ink-Based Inkjet Printers
- 8.3. Toner-Based Laser Printers
- 9. Large Format Printer Market, by Printer Width
- 9.1. Introduction
- 9.2. 17-24"
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