2014-01-30 04:45:03 - Global Printer Market 2012-2016 - a new market research report on companiesandmarkets.com
The Global Printer market is to grow at a CAGR of 4.2 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for inkjet printers. The Global Printer market has also been witnessing an increase in the demand for color prints. However, the slowdown of the global economy could pose a challenge to the growth of this market.
One of the main trends witnessed in the Global Printer market is the increase in the demand for color prints. The shift in the Global Printer market from black and white print impressions to color print impressions has resulted in an increase in the demand for high-speed continuous-feed inkjet printers and in turn, has
boosted the growth of the overall Printer market. By the use of new technology printers such as ultra-high volume inkjet printers, the average cost per color impression will drop significantly. Thus, increase in the demand for color prints is an emerging trend that is expected to significantly contribute to the growth of the Global Printer market.
One of the main factors driving the market is increase in the demand for inkjet technology printers. With the recent advances in inkjet technology printers including the invention of UV-curable inkjet printers, the demand for Inkjet technology printers has increased to a large extent. Advanced inkjet technology printers have many advantages such as greater speed, low cost of production, and a wide range of applications.
One of the main challenges is slowdown in global economy. The growth of the Global Printer market is connected to the GDP of a country. The Eurozone crisis, which is continuing to affect different countries and the sluggish growth in the APAC region including India and Japan, have affected many sectors including the Global Educational sector, the Global Public sector, the Global BFSI sector, and the Global IT sector, which are the major end-users of the Global Printer market.
The key vendors dominating this space include Brother Industries Ltd., Cannon Inc., Hewlett-Packard Co., and Seiko Epson Corp.
The other vendor mentioned is Samsung Electronics Corp. Ltd.
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