Market Research Report
Advanced Printer - Global Market Outlook (2019-2027)
|Published by||Stratistics Market Research Consulting||Product code||969536|
|Published||Content info||150+ Pages
Delivery time: 2-3 business days
|Advanced Printer - Global Market Outlook (2019-2027)|
|Published: October 1, 2020||Content info: 150+ Pages||
According to Stratistics MRC, the Global Advanced Printer Market is accounted for $155.67 billion in 2019 and is expected to reach $230.00 billion by 2027 growing at a CAGR of 5.0% during the forecast period. The advent of the 3D printing technology and efforts taken by the government regarding the development of the textile and apparel industry are the major factors driving the market growth. However, amidst covid-19 pandemic is restraining the market growth.
A printer is a device that takes input from a computer and transfers it onto a piece of paper. Printers come in multiple types such as inkjet, laser, thermal, and dot matrix. Small- and medium-sized printers are used for home and office printing applications. For industries, such as signage, label, advertising, and textile advanced printers are used.
Based on technology, the laser segment is likely to have a huge demand as it is widely used by corporate offices as a laser can move very quickly so it can be used to print long text documents. By geography, North America is going to have a lucrative growth during the forecast period due to the presence of leading manufacturers in the region.
Some of the key players profiled in the Advanced Printer Market include The Hewlett-Packard Company, SHARP CORPORATION, Seiko Epson Corporation, Panasonic Corporation, Lexmark International Inc, Kyocera Corporation, Konica Minolta Inc, HP Inc, Canon Inc and Brother Industries Ltd.
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances