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Inkjet printhead market to reach $1.8 billion by 2017

October 7, 2011

Study from GIA indicates that global printer placement is continuing to grow.

Global Industry Analysts has announced a new comprehensive study into the inkjet printhead market, predicting continued growth over the next few years.

The research forecasts the global market reaching $1.8 billion (€1.3 billion), driven by several key factors, including growth in the use of digital imaging and increased adoption of new devices, as well as the emergence of new multimedia devices which facilitate printer use.

GIA notes that the consumer market represented end-user sector for inkjet printheads, while printheads for industrial use saw the fastest growth rate, with a compounded annual growth rate of 3.6 percent.

GIA elaborated: “Developments in the field of digital imaging significantly increased the printing needs of customers in the home and retail segments.

“Digital imaging, with increasing technological developments, is creating the need for improvements in print quality and print speed at low costs.

“This represents a major challenge for inkjet head manufacturers, who are constantly faced with the need to upgrade their technologies, in order to keep pace with the new requirements of the digital imaging industry.”

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Categories : Products and Technology

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