Prashant Kumar en printer, 3D Printing, printing & pacakaging 14/9/2017 · 1 min de lectura · ~100

Large Format Printer Market worth 8.42 Billion USD by 2022

Large Format Printer Market worth 8.42 Billion USD by 2022

According to a new market research report "Large Format Printer Market by Ink Type (Aqueous, Solvent, UV-Curable, Latex, Dye Sublimation), Printing Technology (Inkjet, Laser), Print Width, Application and Geography - Global Trends & Forecast to 2022", the large format printer market is expected to be worth USD 8.42 Billion (in terms of value) which includes both hardware and after- sales services, and is expected to witness a shipment of 398.3 thousand units (in terms of volume) by 2022, at a CAGR of 3.0% and 4.4%, respectively between 2016 and 2022. Growing demand for advertising, décor, and textile printing applications is expected to drive the market.

Browse 70 market data Tables and 68 Figures spread through 156 Pages and in-depth TOC on "Large Format Printer Market - Global Trends & Forecast to 2022"

Signage is expected to lead the large format printer market in terms of volume

Signage refers to the use of signs and symbols to communicate messages in an attractive way to a specific group. It is one of the most widely used methods of marketing. Signage has many applications such as in indoor signs, shop branding, indicators, large corporate emblems, promotional signage, and window displays. Signage acts as an influencer at the point of sale; as an attraction point in booth decoration among others. Although there has been a considerable penetration of digital signage, the overall large format printer market is still expected to show a steady growth in the retail graphics industry, particularly in the indoor PoS signage. A major factor is growth of organized retail in emerging economies such as India, which is leading to construction of large-scale retail outlets such as hypermarkets and supermarkets where PoS and PoP signs are used extensively.

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The large format printer market for UV-Cured ink is expected to exhibit high growth during the forecast period

UV-cured ink consists of acrylic monomers with a photo initiator. As soon as the printing is done, the ink is exposed to ultraviolet (UV) light, which causes a chemical reaction, thus, making the ink