Oem Global Printer Market Forecast to Increase a Big 0.9% by 2018

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Date: Tuesday August 19, 2014 12:14:47 pm
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    Oem Global Printer Market Forecast to Increase a Big 0.9% by 2018
    Global Printer Market 2014-2018
    (live-PR.com) – There are two main types of printers: Impact printers and non-impact printers. Impact printers produce text and images on paper when the print head of the printer strikes the paper physically. Non-impact printers like inkjet and laser printers do the same without actually striking the paper. While inkjet printers spray tiny drops of ink onto a paper, laser printers use.

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    cylindrical drums that roll electrically charged ink onto the paper. Printers can also be classified on the basis of the print technology they use” the most popular ones include inkjet printers, laser printers, dot-matrix printers, and thermal printers. Analysts forecast the Global Printer Market will grow at a CAGR of 0.9 percent over the period 2013-2018.

    The following key players operate in the Global Printer Market: Brother Industries Ltd., Canon Inc., Hewlett-Packard Co., Samsung Electronics Co. Ltd., Seiko Epson Corp, Xerox Corp., Eastman Kodak Co., Konica Minolta Inc., Lexmark International Inc.Ricoh Co. Ltd.

    The shift from the adoption of black and white print impressions to color print impressions has resulted in an increase in the demand for high-speed continuous-feed inkjet printers. This in turn has boosted the growth of the Global Printer market. With the adoption of advanced technology printers such as ultra-high volume inkjet printers, the average cost per color impression is likely to drop significantly. Thus, an increase in the demand for color prints is a positive trend that is expected to significantly contribute to the growth of the Global Printer market.

    One of the major drivers in the market is an increase in demand for inkjet printers. As a result of advancements in inkjet technology and the introduction of specialized inkjet printers such as UV-curable inkjet printers, the Global Inkjet Printer market is currently growing at a rapid rate, driving the growth of the Global Printer market.

    The global economic slowdown is one of the major challenges hindering the growth of the Global Printer market, which itself is directly proportional to the GDP of a country. The slowdown in the global economy has reduced demand for printers, leading to an inventory pile-up in the supply chain. The Eurozone crisis and sluggish economic growth in the APAC region, especially India and Japan, has affected many sectors including the Educational, BFSI, and IT – the major end-users of the Global Printer market.
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