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[September 20, 2013]
Global Printer Market 2012-2016: One of the Main Factors Driving the Market is Increase in the Demand for Ink-Jet Technology Printers
(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (
) has announced the addition of the "Global Printer Market 2012-2016" report to their offering.
The analysts forecast the Global Printer market 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.
The key vendors dominating this space include Brother Industries Ltd., Cannon Inc., Hewlett-Packard Co., and Seiko Epson Corp.
The other vendor mentioned in the report is Samsung Electronics Corp. Ltd.
Commenting on the report, an analyst from the team said: 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.
According to the report, one of the main factors driving the market is increase in the demand for ink-jet technology printers. With the recent advances in ink-jet technology printers including the invention of UV-curable ink-jet printers, the demand for Ink-jet technology printers has increased to a large extent. Advanced ink-jet technology printers have many advantages such as greater speed, low cost of production, and a wide range of applications.
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