Emerging Economies Drive Expansion of Large Format Printer Market


Posted June 12, 2024 by Prashantvi

The global large format printer market was valued at USD 8.1 billion in 2023 and is projected to reach USD 10.4 billion by 2028

 
The global large format printer market was valued at USD 8.1 billion in 2023 and is projected to reach USD 10.4 billion by 2028, registering a CAGR of 5.0% during the forecast period. 




The growth of the large format printer market is accelerated by the significant adoption rate and continuous technological progress. These printers find application across various industries, including advertising, packaging, textiles, and architecture, where they are instrumental in producing large-scale prints.




Advertising and Marketing: In the realm of advertising and marketing, large format printers play a crucial role in creating eye-catching graphics, posters, banners, and billboards that capture the attention of target audiences. Whether it's promoting a product launch, announcing a special event, or enhancing brand visibility, large format prints deliver impact and visibility, making them indispensable tools for marketers and advertisers.




Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=523




Architecture and Engineering: Large format printers are indispensable tools for architects, engineers, and construction professionals, enabling the production of detailed plans, blueprints, and technical drawings with precision and clarity. Whether it's designing a new building, mapping out infrastructure projects, or visualizing urban development plans, large format prints provide the detailed documentation needed to bring projects to life and communicate complex ideas effectively.




Retail and Point-of-Sale: In the retail sector, large format printers are used to create visually appealing displays, signage, and promotional materials that drive foot traffic and enhance the shopping experience. From window displays and in-store signage to product labels and packaging, large format prints help retailers attract customers, showcase products, and convey brand messaging in a compelling and memorable way.




Fine Art and Photography: Large format printers are valued tools for artists, photographers, and galleries seeking to produce high-quality prints of their work on a larger scale. Whether it's creating gallery-worthy prints of photographic images or reproducing fine art masterpieces with stunning detail and color accuracy, large format prints enable artists to showcase their creativity and talent in larger-than-life formats.




Textile and Apparel: In the textile and apparel industry, large format printers are used to produce vibrant, customized designs on fabric for a wide range of applications, including fashion, home décor, and promotional merchandise. Whether it's printing patterns, logos, or graphics on garments, upholstery, or accessories, large format printers offer versatility and precision, enabling manufacturers to meet the demands of today's fashion-forward consumers.




The large format printer market is driven by a diverse range of applications spanning multiple industries, from advertising and architecture to retail and fine art. As technology continues to evolve, large format printers are becoming more versatile, efficient, and accessible, empowering businesses and creatives to bring their ideas to life on a larger scale than ever before. Whether it's creating impactful signage, detailed technical drawings, or stunning works of art, large format printers are shaping the way visual content is produced, communicated, and experienced across the globe.




The major players in the large format printer market include HP Development Company, L.P. (US), Canon Inc. (Japan), Seiko Epson Corporation (Japan), Brother Industries, Ltd. (Japan), MIMAKI ENGINEERING CO., LTD. (Japan), Roland DGA Corporation (Japan), Ricoh (Japan), DURST GROUP AG (Italy), Xerox Corporation (US), Konica Minolta, Inc. (Japan), Agfa-Gevaert Group (Belgium).




Know more In-depth Analysis @  https://www.marketsandmarkets.com/Market-Reports/large-format-inkjet-printers-lfp-market-523.html




About MarketsandMarkets™




MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By marketsandmarkets
Country United States
Categories Electronics
Tags large format printer market
Last Updated June 12, 2024