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The global printer market size reached US$ 44.82 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 61.9 Billion by 2027, exhibiting a growth rate (CAGR) of 5.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
A printer is external hardware output device that converts electronic data like text and images from a computer or other devices into a hard copy. It is efficient and reliable; offers customizable results, high-quality output and easy accessibility; and helps scan, fax and make numerous copies of a document. As a result, it finds extensive applications in corporate, media and entertainment (M&E), education, and public sectors. Besides this, it is utilized in archaeology, aerospace engineering, information systems, dentistry and biotechnology. At present, there is a rise in the demand for commercial printers to create several final products across the globe.
The growing demand for high-quality pictures represents one of the key factors driving the market. Moreover, there is a rise in the usage of large format printers for printing professional data and business presentations. This, along with the expanding printing industry around the world, is contributing to the growth of the market. In addition, there is an increase in the adoption of 3D printing for a high degree of accuracy, efficient use of raw materials, better production time and financials, building customized products, and simultaneous use of multiple materials for printing. This, coupled with the escalating demand for printers to print important documents, such as accounting files, employee information, and company policies, in corporate sectors is positively influencing the market. Additionally, key players are focusing on collaborations and mergers and acquisitions (M&A) to increase their overall sales and market share. Some of the other factors bolstering the growth of the market are technological advancements, increasing number of small and medium-sized enterprises, growing e-commerce platforms and the burgeoning packing industry.
IMARC Group provides an analysis of the key trends in each sub-segment of the global printer market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on printer type, technology type, printer interface and end user.
Breakup by Printer Type:
Breakup by Technology Type:
Breakup by Printer Interface:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Brother Industries Ltd., Canon Inc., FUJIFILM Corporation, Fujitsu Limited, Hitachi Ltd., Honeywell International Inc., HP Inc., Konica Minolta Inc., KYOCERA Corporation, Panasonic Corporation, Ricoh Company Ltd., Roland DG Corporation, Seiko Epson Corporation, Toshiba Corporation and Xerox Corporation.
|Base Year of the Analysis||2021|
|Segment Coverage||Printer Type, Technology Type, Printer Interface, End User, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Brother Industries Ltd., Canon Inc., FUJIFILM Corporation, Fujitsu Limited, Hitachi Ltd., Honeywell International Inc., HP Inc., Konica Minolta Inc., KYOCERA Corporation, Panasonic Corporation, Ricoh Company Ltd., Roland DG Corporation, Seiko Epson Corporation, Toshiba Corporation and Xerox Corporation.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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