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 user 2005-08-20 at 8:11:00 am Views: 34
  • #12614

    Worldwide Printers, Copiers and MFP Shipments to Increase 7.8 percent

    August  2005

    Worldwide printer,
    copiers and multifunction products (MFP) shipments are projected to
    surpass 124.7 million units in 2005, a 7.8 percent increase from 2004
    shipments, according to Gartner, Inc. Worldwide revenue for these
    products is forecast to surpass $59.7 billion, up 4.5 percent from last
    year. The color laser printer market and the color laser multifunction
    product (MFP) segments will be the high growth areas.
    Worldwide sales of printer, copiers and MFPs will continue steady
    growth through 2009. By the end of 2009, worldwide shipments are
    forecast to surpass 148.9 million units, while revenue will exceed
    $60.7 billion.
    Migrating the market to color
    Less than 6 percent of the pages printed in the office are color pages.
    While the color segment offers promising opportunities, manufacturers
    face the challenge of getting corporations to transfer to color devices.

    Gartner analysts said manufacturers are focused on transitioning their
    customers from monochrome devices to color. “Vendors need a broad
    family of color products to replace the large installed base of
    monochrome printers, copiers and MFPs,” said Peter Grant, research vice
    president in Gartner’s Digital Document and Imaging group. “The
    monochrome to color transition will be a significant event, as large
    vendors fight to keep their installed base, while other vendors look to
    grow their business with color offerings.”

    Business segment
    “Businesses are concerned about the high cost per page for color, and
    they worry about losing control of high printing costs when migrating
    to color,” Mr. Grant said. “Color is still a ‘nice to have’ feature,
    versus a ‘need to have’ option for many companies. However,
    photographs, color charts, graphics imaging, and the Internet are
    driving the need to print in color. Many documents lose their impact
    and message if they are not printed in color.”
    Consumer segment
    In the consumer segment, digital photography is driving demand for
    color devices. “Higher resolution cameras, more sophisticated users,
    and the desire to print in the home have many manufacturers improving
    their product offerings to provide easier to use, faster photo
    printers, and lower prices,” Mr. Grant said.