Global Large Format Printer Market 2016: An Overview
Growing adoption of UV-cured ink is the main market driver and the emergence of digital substitutes is seen as the main market challenge. The newest marketing trend is adoption of latex ink.
- New York, NY (1888PressRelease) January 29, 2016 - Market research company TechNavio's report titled "Global Large Format Printer Market 2012-2016" indicates to the current picture and the development prospects of the global LFP market for 2016-2020. The report covers the US, the EMEA and APAC regions and will help decision makers understand trends that impact the printing industry. The report foresees that the worldwide LFP market will grow up at a Compound Annual Growth Rate (CAGR) of 2.35% in 2016-2020.
"Latex ink is a water-based polymer that is bonded to the substrate by heat. It does not need air purification or solvent extraction. The output of the latex print is odorless, which makes it suitable for indoor applications such as wallpaper. The output has a lifespan of three years. Another advantage of latex ink is outgassing, the release of gas that was absorbed or trapped in the material," says an analyst from Market research company.
''With the demand for large format printers stagnating, there is a new trend observed in the market. Customers prefer printers that are customized to their requirements with either limited or extensive capabilities," the analyst added.
In the existing printing industry, consumers prefer efficient, reliable, and user-friendly multi-functional printers (MFPs) for their ability to handle several functions, such as scanning, faxing, printing, and photocopying in small offices and homes. Based on technology, the market is separated into UV-cured, Aqueous, Solvents and Latex.
The report is based on an in-depth market analysis and consists of a conversation of the key vendors, such as Canon, HP, AGFA Graphics, Ricoh, Xerox, Mimaki Engineering, Roland, Seiko Epson, Konica Minolta, Kyocera, Lexmark, and Mutoh.
With an ideal mix of qualitative and quantitative tools in its proprietary research methodologies, the market research company TechNavio concentrates well on up-and-coming market trends in order to assist business enterprises understand market opportunities well and easily craft various effective strategies for the optimization of their market positions.
The report from the company ensures adequate answers to various key questions that are directly or indirectly related to the market size be in 2020; future growth rate and key market trends; driving force of the market; the upcoming challenges to market growth; key vendors in market; the market opportunities and threats experienced by all prominent vendors; and the strengths and weaknesses of the key vendors in the competitive market.
Keeping the changing market trends in mind, independent printer tech support company Intelli Atlas offers its 24/7 printer tech support to help printer users get timely solutions and services for getting rid of all problems and issues associated with a wide and exhaustive variety of printer brands.
About the company
Intelli Atlas, Inc. is an independent technical support providing company which offers customer-centric computer, software, printer, and hardware related services to consumers and small businesses. With offices in New York, the company offers instant computer assistance for computers, computer devices and computer apps. In addition, the company offers Server Monitoring, Virtual Private Networking (VPN), and managed IT Services. All trained technicians at Intelli Atlas helps you resolve computer issues with servers, networks, printers, desktops/laptops, wifi devices, routers, wan network and device drivers.
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