According to a recent survey published by FMI, the global Industrial Inkjet Printer market is expected to grow at a healthy CAGR during the forecast period between 2018 and 2028. The objective of the report is to uncover micro and macro-economic factors accelerating the sales of Industrial Inkjet Printer over the coming decade.
Advent of Industry 4.0 Technology to Create New Growth Avenues for the Industrial Inkjet Printer Market
Industrial sector is witnessing revolution as manufacturers across the world are extensively emphasizing towards adopting incorporating advanced automation, This is commonly being referred to as Industry 4.0.
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With the advent of Industry 4.0, manufacturing facilities are prioritising the use of novel technologies such as artificial intelligence, smart manufacturing, the internet of things (IoT), and machine learning, among others. In the Industrial Inkjet Printer market, this is anticipated to open up profitable growth prospects.
Furthermore, rising government attention on improving the manufacturing sector and integrating augmented and virtual reality using smart equipment to boost output is expected to drive market demand in the future years.
Key Industrial Inkjet Printer Market Takeaways and Projections
- The U.S. is estimated dominate the Industrial Inkjet Printer market in North America, accounting for the largest share in the region through 2022.
- Germany is projected to account for a significant share in the Europe market over the assessment period.
- China is forecast to hold the lion’s share the East Asia market, projecting the fastest growth in the region between 2018 and 2028
- India is anticipated to emerge as a highly remunerative market in South Asia, accounting for the largest sales during the forecast period.
Report Benefits & Key Questions Answered
- Industrial Inkjet Printer Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities and challenges. It studies their impact on the market over the previous assessment period 2016-2020. The report provides crucial insights to market players to capitalize on opportunities and counter challenges.
- Industrial Inkjet Printer Demand-Supply Assessment: A latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Industrial Inkjet Printer As per the survey, Industrial Inkjet Printer sales will project steady growth over the forecast period.
- Industrial Inkjet Printer Consumption by Demographics: The report published by FMI provides consumption by demographics analysis to assist the market players in formulating their marketing strategies on the basis of purchasing power of the customers. It examines changes in consumer behavior and also studies its effect on the demand for Industrial Inkjet Printer.
- Industrial Inkjet Printer Market Trend Analysis: FMI’s market trend analysis provide detailed insights into current and upcoming trends in the industrial automation industries. It also assist the industry players to identify potentials trends to capitalize on them.
Industrial Inkjet Printer Market: Market Participants
Examples of some of the market participants identified across the value chain of the global industrial inkjet printer market includes:
- Videojet Technologies, Inc.
- KGK Jet India.
- KEYENCE CORPORATION
- Future Digital Project (Stampa)
- Seiko Epson Corporation
- Canaon Inc.
- HP Development Company, L.P.
- Fujifilm Dimatix
- Industrial Inkjet Ltd
- FoxJet (An ITW Company)
- Inkjet Inc.
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Industrial Inkjet Printer Market: Segmentation
The industrial inkjet printer market can be segmented by product type, end use, and sales channel.
On the basis of product type, the industrial inkjet printer market can be further segmented as:
- Continuous Inkjet Printers
- Drop on Demand Inkjet Printers
- Thermal Inkjet Printers
- Piezoelectric Inkjet Printers
- Valve Inkjet Printers
On the basis of end use, the industrial inkjet printer market can be further segmented as:
- Chemical & Pharmaceutical Industry
- Cosmetics & Personal Care Industry
- Food & Beverages Industry
- Textile Industry
- Printing & Packaging Industry
- Others
On the basis of sales channel, the industrial inkjet printer market can be further segmented as:
- Online
- Offline
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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