The global laser printer market report by Market Research
Future (MRFR) covers growth drivers and challenges to be faced by manufacturers
for the forecast period (2020-2027). The COVID-19 outbreak and its implications
on production and supply chains are explored in high detail. Laser printers are
devices capable of printing images and text in a high resolution. Applications
in digital printing across industries can provide prospects to the market.
Market Scope
The global Laser Printer Market size can touch USD 2,322
million by 2023. It is majorly driven by huge demand for value-add services for
industries of food & beverage, financial services, retail, and others. Use
of eco-friendly ink for printing on paper and other materials owing to
awareness among consumers can drive the market. Soy ink prints are
cost-effective and viable in carbon prints.
The market aims to capitalize on the ubiquity of the internet
and provide new features to print directly from online sources. Utilization of
cloud services for reducing printing costs combined with rise of 3D printing
can provide new avenues of growth to the market. Transition to digital channels
and ability to send data directly to electric plates can favor market growth.
Establishment of retail stores to cater to consumer stores for rapid delivery
of services can propel the market. Special sales and tie-ups with online
channels can be a lucrative source of revenue.
Get
Sample of Report @ https://www.marketresearchfuture.com/sample_request/4334
But increase of digitization and aversion to using physical
structures for display Ads can hamper market growth.
COVID-19 Impact
The COVID-19 pandemic has negatively impacted the laser
printer market. Shutdown of physical stores have affected the market and the
transition to digital channels has not aided the market. But ease of norms and
opening of industries can offer respite to the market.
Segmentation
Multi-function Printers to Carve a Large Market
Share
Multi-function printers are expected to hold the largest
market share and also grow at a significant rate during the forecast period.
This is owing to the increasing demand for multi-function printers across
various industry verticals and increasing initiatives from vendors and government.
Government kiosk centers established at metro locations can be used by
customers is another major factor driving the penetration of multi-function
printers and eventually driving the growth of laser printer market.
Large Enterprises to be Biggest End-user
Large enterprises are expected to be the biggest end-user of
the Global
Laser Printer Market owing to
marketing campaigns using the print medium to reach a large section of users.
Moreover, the use of brochures and other in-house communication purposes can
trigger the need for laser printers.
Regional Analysis
North America to Dominate Laser Printer Market
Demand
North America is expected to dominate the global market owing
to implementation of advanced technologies coupled with rise in mobile
communications. Printing of large projects and demand for laser printers in
textile and communication industries can drive the regional market growth.
Competitive Analysis
Samsung Electronics Co., Ltd., The Ricoh Company, Ltd., OKI
Electric, Fuji Xerox Co., Ltd., Lexmark International, Inc., Canon, Inc., HP,
Brother Industries, Ltd., Kyocera Corporation, Dell, Inc., and Seiko Epson
Corporation are key players in the global laser printer market. Focus on
innovative solutions is the primary strategy of printer manufacturers looking
to gain the edge in the competition.
Industry News
Burloak Technologies has added two new products to its lineup
of laser printers, TRUMPF TruPrint 2000, for boosting manufacturing
capacity.
Get
complete Report @ https://www.marketresearchfuture.com/reports/laser-printer-market-4334
At Market Research Future (MRFR), we enable
our customers to unravel the complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research
Reports (3R), Continuous-Feed Research (CFR), and Market Research &
Consulting Services.
MRFR team have supreme objective to provide
the optimum quality market research and intelligence services to our clients.
Our market research studies by products, services, technologies, applications,
end users, and market players for global, regional, and country level market
segments, enable our clients to see more, know more, and do more, which help to
answer all their most important questions.
Media
Contact:
Market
Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson
Street, 5Th Floor
New York,
NY 10013
United
States of America
+1 628
258 0071 (US)
+44 2035
002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
No comments:
Post a Comment