Market Research Report
Advanced Printer - Global Market Outlook (2019 -2027)
|Published by||Stratistics Market Research Consulting||Product code||969551|
|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 growing at a CAGR of 5.0% during the forecast period. Rising demand for 3D printers and demand for dental sector as a dominant production technology are the major factors propelling the market growth. However, the higher prices are hampering 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, large-formatted industrial and commercial printers are used.
Based on the technology, the laser segment is going to have a lucrative growth during the forecast period due to enhance productivity and efficiency or the entire workflow. Laser printers have the advantage when it comes to clean, crisp black text and color graphics. Laser printers are cost-effective as well as have high output speeds in contrast to the inkjet printers. By geography, Europe is going to have a lucrative growth during the forecast period due to the high investment in 3D printing technologies, growth in industrialization, and growing demand for advanced printers in this region. In addition, Europe is home to several additive manufacturing industry players.
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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