Global Fax Machines Market Research Report 2023(Status and Outlook)
Report Overview
A facsimile (commonly referred to as a fax) is a production of an exact copy of a document by electronic scanning, and the subsequent transmission of the resulting data. Faxes are transmitted over ordinary phone lines using fax machines.
In a typical fax transmission, the document to be faxed is placed in the document feeder of a fax machine and the telephone number of the destination fax machine is dialed. In a very short time, a replica of the document is received at the destination fax machine. By their very nature, faxes can contain any information that appears in written form.
Although businesses usually maintain some kind of fax capability, the technology has faced increasing competition from Internet-based alternatives. In some countries, because electronic signatures on contracts are not yet recognized by law, while faxed contracts with copies of signatures are, fax machines enjoy continuing support in business.
In many corporate environments, freestanding fax machines have been replaced by fax servers and other computerized systems capable of receiving and storing incoming faxes electronically, and then routing them to users on paper or via an email (which may be secured). Such systems have the advantage of reducing costs by eliminating unnecessary printouts and reducing the number of inbound analog phone lines needed by an office.
The once ubiquitous fax machine has also begun to disappear from the small office and home office environments. Personal computers have also long been able to handle incoming and outgoing faxes using analogue modems or ISDN, eliminating the need for a stand-alone fax machine. These solutions are often ideally suited for users who only very occasionally need to use fax services.
USA is the largest Fax Machines market with about 33% market share. Europe is follower, accounting for about 26% market share.
The key players are Panasonic, Canon, BROTHER, Philips, SAMSUNG, Sharp, Ricoh, Fuji Xerox, lenovo, TOEC, Xoceco, Lexmark, HP, Muratec, Sagemcom, EPSON, kyocera, Cimsun tech, Jinheng Technology etc. Top 3 companies occupied about 40% market share.
The Global Fax Machines Market Size was estimated at USD 1004.6 million in 2022 and is projected to reach USD 701.55 million by 2029, exhibiting a CAGR of -5.00% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Fax Machines market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Fax Machines Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Fax Machines market in any manner.
Global Fax Machines Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Panasonic
Canon
BROTHER
Philips
SAMSUNG
Sharp
Ricoh
Fuji Xerox
Lenovo
TOEC
Xoceco
Lexmark
HP
Muratec
Sagemcom
EPSON
Kyocera
Cimsun tech
Jinheng Technology
Market Segmentation (by Type)
Laser Fax Machine
Inkjet Facsimile Machine
Thermal Transfer Fax Machine
Market Segmentation (by Application)
Oil & Gas
Power
Metal & Mining
Fertilizer
Cement
Chemical & Pharmaceutical
Pulp & Paper
Steel
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Fax Machines Market
Overview of the regional outlook of the Fax Machines Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Fax Machines
- 1.2 Key Market Segments
- 1.2.1 Fax Machines Segment by Type
- 1.2.2 Fax Machines Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Fax Machines Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Fax Machines Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Fax Machines Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Fax Machines Market Competitive Landscape
- 3.1 Global Fax Machines Sales by Manufacturers (2018-2023)
- 3.2 Global Fax Machines Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Fax Machines Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Fax Machines Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Fax Machines Sales Sites, Area Served, Product Type
- 3.6 Fax Machines Market Competitive Situation and Trends
- 3.6.1 Fax Machines Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Fax Machines Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Fax Machines Industry Chain Analysis
- 4.1 Fax Machines Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Fax Machines Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Fax Machines Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Fax Machines Sales Market Share by Type (2018-2023)
- 6.3 Global Fax Machines Market Size Market Share by Type (2018-2023)
- 6.4 Global Fax Machines Price by Type (2018-2023)
- 7 Fax Machines Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Fax Machines Market Sales by Application (2018-2023)
- 7.3 Global Fax Machines Market Size (M USD) by Application (2018-2023)
- 7.4 Global Fax Machines Sales Growth Rate by Application (2018-2023)
- 8 Fax Machines Market Segmentation by Region
- 8.1 Global Fax Machines Sales by Region
- 8.1.1 Global Fax Machines Sales by Region
- 8.1.2 Global Fax Machines Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Fax Machines Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Fax Machines Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Fax Machines Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Fax Machines Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Fax Machines Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Panasonic
- 9.1.1 Panasonic Fax Machines Basic Information
- 9.1.2 Panasonic Fax Machines Product Overview
- 9.1.3 Panasonic Fax Machines Product Market Performance
- 9.1.4 Panasonic Business Overview
- 9.1.5 Panasonic Fax Machines SWOT Analysis
- 9.1.6 Panasonic Recent Developments
- 9.2 Canon
- 9.2.1 Canon Fax Machines Basic Information
- 9.2.2 Canon Fax Machines Product Overview
- 9.2.3 Canon Fax Machines Product Market Performance
- 9.2.4 Canon Business Overview
- 9.2.5 Canon Fax Machines SWOT Analysis
- 9.2.6 Canon Recent Developments
- 9.3 BROTHER
- 9.3.1 BROTHER Fax Machines Basic Information
- 9.3.2 BROTHER Fax Machines Product Overview
- 9.3.3 BROTHER Fax Machines Product Market Performance
- 9.3.4 BROTHER Business Overview
- 9.3.5 BROTHER Fax Machines SWOT Analysis
- 9.3.6 BROTHER Recent Developments
- 9.4 Philips
- 9.4.1 Philips Fax Machines Basic Information
- 9.4.2 Philips Fax Machines Product Overview
- 9.4.3 Philips Fax Machines Product Market Performance
- 9.4.4 Philips Business Overview
- 9.4.5 Philips Fax Machines SWOT Analysis
- 9.4.6 Philips Recent Developments
- 9.5 SAMSUNG
- 9.5.1 SAMSUNG Fax Machines Basic Information
- 9.5.2 SAMSUNG Fax Machines Product Overview
- 9.5.3 SAMSUNG Fax Machines Product Market Performance
- 9.5.4 SAMSUNG Business Overview
- 9.5.5 SAMSUNG Fax Machines SWOT Analysis
- 9.5.6 SAMSUNG Recent Developments
- 9.6 Sharp
- 9.6.1 Sharp Fax Machines Basic Information
- 9.6.2 Sharp Fax Machines Product Overview
- 9.6.3 Sharp Fax Machines Product Market Performance
- 9.6.4 Sharp Business Overview
- 9.6.5 Sharp Recent Developments
- 9.7 Ricoh
- 9.7.1 Ricoh Fax Machines Basic Information
- 9.7.2 Ricoh Fax Machines Product Overview
- 9.7.3 Ricoh Fax Machines Product Market Performance
- 9.7.4 Ricoh Business Overview
- 9.7.5 Ricoh Recent Developments
- 9.8 Fuji Xerox
- 9.8.1 Fuji Xerox Fax Machines Basic Information
- 9.8.2 Fuji Xerox Fax Machines Product Overview
- 9.8.3 Fuji Xerox Fax Machines Product Market Performance
- 9.8.4 Fuji Xerox Business Overview
- 9.8.5 Fuji Xerox Recent Developments
- 9.9 Lenovo
- 9.9.1 Lenovo Fax Machines Basic Information
- 9.9.2 Lenovo Fax Machines Product Overview
- 9.9.3 Lenovo Fax Machines Product Market Performance
- 9.9.4 Lenovo Business Overview
- 9.9.5 Lenovo Recent Developments
- 9.10 TOEC
- 9.10.1 TOEC Fax Machines Basic Information
- 9.10.2 TOEC Fax Machines Product Overview
- 9.10.3 TOEC Fax Machines Product Market Performance
- 9.10.4 TOEC Business Overview
- 9.10.5 TOEC Recent Developments
- 9.11 Xoceco
- 9.11.1 Xoceco Fax Machines Basic Information
- 9.11.2 Xoceco Fax Machines Product Overview
- 9.11.3 Xoceco Fax Machines Product Market Performance
- 9.11.4 Xoceco Business Overview
- 9.11.5 Xoceco Recent Developments
- 9.12 Lexmark
- 9.12.1 Lexmark Fax Machines Basic Information
- 9.12.2 Lexmark Fax Machines Product Overview
- 9.12.3 Lexmark Fax Machines Product Market Performance
- 9.12.4 Lexmark Business Overview
- 9.12.5 Lexmark Recent Developments
- 9.13 HP
- 9.13.1 HP Fax Machines Basic Information
- 9.13.2 HP Fax Machines Product Overview
- 9.13.3 HP Fax Machines Product Market Performance
- 9.13.4 HP Business Overview
- 9.13.5 HP Recent Developments
- 9.14 Muratec
- 9.14.1 Muratec Fax Machines Basic Information
- 9.14.2 Muratec Fax Machines Product Overview
- 9.14.3 Muratec Fax Machines Product Market Performance
- 9.14.4 Muratec Business Overview
- 9.14.5 Muratec Recent Developments
- 9.15 Sagemcom
- 9.15.1 Sagemcom Fax Machines Basic Information
- 9.15.2 Sagemcom Fax Machines Product Overview
- 9.15.3 Sagemcom Fax Machines Product Market Performance
- 9.15.4 Sagemcom Business Overview
- 9.15.5 Sagemcom Recent Developments
- 9.16 EPSON
- 9.16.1 EPSON Fax Machines Basic Information
- 9.16.2 EPSON Fax Machines Product Overview
- 9.16.3 EPSON Fax Machines Product Market Performance
- 9.16.4 EPSON Business Overview
- 9.16.5 EPSON Recent Developments
- 9.17 Kyocera
- 9.17.1 Kyocera Fax Machines Basic Information
- 9.17.2 Kyocera Fax Machines Product Overview
- 9.17.3 Kyocera Fax Machines Product Market Performance
- 9.17.4 Kyocera Business Overview
- 9.17.5 Kyocera Recent Developments
- 9.18 Cimsun tech
- 9.18.1 Cimsun tech Fax Machines Basic Information
- 9.18.2 Cimsun tech Fax Machines Product Overview
- 9.18.3 Cimsun tech Fax Machines Product Market Performance
- 9.18.4 Cimsun tech Business Overview
- 9.18.5 Cimsun tech Recent Developments
- 9.19 Jinheng Technology
- 9.19.1 Jinheng Technology Fax Machines Basic Information
- 9.19.2 Jinheng Technology Fax Machines Product Overview
- 9.19.3 Jinheng Technology Fax Machines Product Market Performance
- 9.19.4 Jinheng Technology Business Overview
- 9.19.5 Jinheng Technology Recent Developments
- 10 Fax Machines Market Forecast by Region
- 10.1 Global Fax Machines Market Size Forecast
- 10.2 Global Fax Machines Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Fax Machines Market Size Forecast by Country
- 10.2.3 Asia Pacific Fax Machines Market Size Forecast by Region
- 10.2.4 South America Fax Machines Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Fax Machines by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Fax Machines Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Fax Machines by Type (2024-2029)
- 11.1.2 Global Fax Machines Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Fax Machines by Type (2024-2029)
- 11.2 Global Fax Machines Market Forecast by Application (2024-2029)
- 11.2.1 Global Fax Machines Sales (K Units) Forecast by Application
- 11.2.2 Global Fax Machines Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
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