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Wednesday, October 25, 2023

Global Digital Production Printer Market is Anticipated to Grow at a CAGR of 11.3% during 2024 to 2030

The future of the global digital production printer market looks promising with opportunities in the transactional and advertising markets. The global digital production printer market is expected to reach an estimated $6.9 billion by 2030 with a CAGR of 11.3% from 2024 to 2030. The major drivers for this market are rising demand for high-quality printing, growing demand for personalization of printed materials, and expanding e-commerce market.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the digital production printer market by product type (continuous feed inkjet, continuous feed electrophotography, cut-sheet inkjet, and cut-sheet electrophotography), technology (inkjet and electrophotography), feed (continuous feed and cut sheet), application (transactional, advertising, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, inkjet and electrophotography are the major segments of digital production printer market by technology. Lucintel forecasts that inkjet is expected to witness higher growth over the forecast period due to their advantages in terms of print quality, versatility, and cost-effectiveness. Within this market, transactional is expected to witness higher growth over the forecast period due to the growth in transactional printing applications, such as billing statements, invoices, and customer correspondence.

North America is expected to witness highest growth over the forecast period due to the high demand for high-quality and personalized printing from businesses in the region.

Canon, Xerox, Ricoh, Hewlett Packard, and Konica Minolta are the major suppliers in the digital production printer market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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