Inkjet Printer Market Forecast to Show Spurring Growth by 2020-2030
The report titled “Inkjet Printer Market – Global Market Share, Trends, Analysis and Forecasts, 2020-2030” offers market estimates for a period 2018 to 2030, wherein 2018 is historic period, 2019 is the base year, and 2020 to 2030 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global inkjet printer market. Furthermore, the report would reflect on the key developments, global & regional sales network, business strategies, security & exchange overview, research & development activities, production facilities, product portfolio, employee strength, and key executive, for all the players considered under the scope of study. For instance, HP Inc. reported revenues of US$ 58.5 Billion in 2018 and the segment and geographic analysis of the company indicates that Personal System segment is the dominating segment of the company, with United States being the major revenue generating region.
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North America holds a major market share owing to the vast application base of inkjet printers across the continent. Moreover, Asia Pacific is anticipated to be dominate the global market in terms of deployment and growth rate during the forecast period fueled by compounded industrial growth across the region. Major players dominating the global market include Canon Inc., HP Inc., Brother Industries Ltd., Xerox Corporation, Seiko Epson Corporation, Hitachi Industrial Equipment Systems Co. Ltd., Domino Printing Sciences PLC, Lexmark International Inc., Videojet Technologies Inc., and Inkjet Inc.
The inkjet printer market study takes into consideration market segmentation based on printer type, technology, substrate, end use industry, and geography. Based on printer type, the market is segmented into single functional Printers, multi-functional printers, large format printers, industrial inkjet printers, textile inkjet printers, and inkjet press. On the basis of technology, the market is segmented into continuous inkjet and drop on demand inkjet printer. Wherein, drop on demand printers are further sub-segmented into thermal DOD and piezoelectric DOD. Based on substrate, the global inkjet printer market is segmented into plastic, metal, paper, fabric, ceramic and others. By end use industry, the market is segmented into consumer, industrial and institutional. Based on geography, the market is segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America.
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The study provides in-depth analysis of individual company considered under the scope of study with a focus on all operating business segment, and would identify the segment of the company focusing on inkjet printer products. Further, market share of company in the global inkjet printer market would also be calculated. For instance, HP Inc. operates through three business segments namely Personal Systems, Printing, and Corporate Investments. Moreover, Printing segment of the company deals with inkjet printer products, with a revenue contribution of US$ 20.8 Billion.