Worldwide Large Format Printer Shipments Up Narrowly in Q4 2016
March 9, 2017 | IDCEstimated reading time: 1 minute
The Worldwide Quarterly Large Format Printer Tracker from International Data Corporation (IDC) found that large format printer (LFP) shipments and revenue grew by more than 4% year over year in 2016.
"The mix of printers continues to change as the technology and the needs of end users evolve," said Tim Greene, research director, Hardcopy Solutions at IDC. "The need to invest in the latest technology, to expand their business, to improve their bottom line, and even just to remain competitive is one of the defining characteristics of the large format digital printing market."
Segment Highlights
- Shipments in the large format CAD/Technical printer market segment grew by 4.4% for the year, with a particularly strong performance in the large format toner-based printer segment.
- Shipments on the graphics side were up by 3.8% for the year, with a strong showing from UV-curable, eco-solvent, Latex, and dye-sublimation printers.
Vendor Highlights
The top five suppliers in terms of shipments, in order were HP Inc, Canon (when combined with Oce), Seiko Epson, Roland DG, and Mimaki.
- HP continues to lead the large format market overall with leading if not dominant positions in the large format CAD market and with its latex products. HP's overall share slipped, however, as there was growth in areas like dye-sublimation and in the Asia/Pacific market where HP is not as strong. HP's share of revenue grew though as the company's PageWide XL and high-speed UV-curable printers continue to do well in the market.
- Canon, when combined with the Oce organization, maintained its number two position among worldwide large format printer manufacturers for 2016. Canon's push on toner-based systems and its leading position in UV-curable inkjet and highly competitive aqueous inkjet printers gave it a strong share in both the CAD and graphics markets.
- Epson, the third-largest supplier in terms of shipments, saw solid growth in the dye-sublimation inkjet market and some recovery in the eco-solvent market late in the year, but continues to see declining shipments in the low-end aqueous inkjet market segment.
- Roland DG is the fourth largest worldwide supplier and has almost 30% share of the worldwide eco-solvent market.
- Mimaki is the number five supplier of large format printers worldwide in 2016. Mimaki is strong in the eco-solvent, dye-sublimation, and UV-curable inkjet printer markets worldwide.
Suggested Items
Commercial Demand Continues to Be the Main Driver of Personal Computing Device Shipments into the GCC Region
03/26/2024 | IDCThe Gulf Cooperation Council (GCC) personal computing device (PCD) market, which is made up of desktops, notebooks, and workstations, declined 4.0% year on year in 2023, with high inventory levels and reduced consumer spending the primary causes.
Suppliers Aim to Raise Contract Prices, But With Uncertain Demand, 2Q24 DRAM Price Increase Expected to Narrow to 3–8%
03/26/2024 | TrendForceTrendForce’s latest report reveals that despite DRAM suppliers’ efforts to trim inventories, they have yet to reach healthy ranges. As they continue to improve their lose situations by boosting capacity utilization rates, the overall demand outlook for this year remains tepid.
LPKF Reports Strategic Successes and Narrowly Achieves Forecast for 2023 Financial Year
03/26/2024 | LPKFLPKF Laser & Electronics SE generated revenue of EUR 124.3 million in the financial year (previous year: EUR 123.7 million) and earnings before interest and tax (EBIT) of EUR 3.7 million (previous year: EUR 6.8 million), putting the EBIT margin at 3.0% (previous year: 5.5%).
Arlon EMD and EMC Announce Expansion in California
03/25/2024 | Arlon EMDArlon EMD, a division of Elite Materials Company (EMC), announces a factory expansion at the Rancho Cucamonga, CA location. Arlon is a global leader in high performance thermoset substrates for mission critical printed circuit boards manufactured for high endurance and long-life programs. Arlon has a 45-year history of manufacturing specialty materials for the Aerospace, Industrial and Military (AIM) markets.
Intraratio Enhances MES + Yield / IoT Management with New Advanced Manufacturing Analytics
03/22/2024 | IntraratioIntraratio announced AICard, which harnesses the power of artificial intelligence and machine learning to empower manufacturers to make informed decisions quickly and accurately regarding product quality and manufacturing line performance and optimization.