According to a new report, published by KBV research, The Global Large Format Printer Market size is expected to reach $12.1 billion by 2030, rising at a market growth of 5.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 4,017.8 thousand units, experiencing a growth of 5.7% (2019-2022).
The Ink-based segment is leading the Global Large Format Printer Market by Technology in 2022; thereby, achieving a market value of $7.6 billion by 2030. Inkjet printers, a common ink-based technology, can achieve high resolutions, producing sharp and detailed prints. This is particularly important in applications such as photo printing and graphics. Ink-based technology is often more cost-effective for lower-volume printing compared to other technologies. This makes it suitable for small businesses, home offices, and individuals. Some ink formulations, such as water-based inks, are environmentally friendly compared to certain toner technologies. They may have fewer emissions and produce less waste.
The Software segment is experiencing to witness a CAGR of 6.2% during (2023 - 2030). Color management software ensures consistent and accurate color reproduction across print jobs and devices. It helps maintain color consistency, especially in applications where color accuracy is essential, like graphic design and photography. VDP software enables the customization of printed materials with variable data elements such as text, images, and graphics. RIP software is essential for these printers. It interprets the digital image files and translates them into a format the printer can understand. RIP software optimizes color management, resolution, and overall print quality.
The 24" to 36” segment is generating the maximum revenue in the Global Large Format Printer Market by Print Width in 2022; thereby, achieving a market value of $4.0 billion by 2030. The 24" to 36" print width is advantageous for printing detailed technical drawings, schematics, and plans commonly used in architecture and engineering. Printers with a 24 "to 36" print width efficiently produce posters of various sizes, offering high-quality prints for promotional and advertising purposes. Artists and graphic designers can benefit from the larger canvas for creating and reproducing large-scale graphics, artwork, and illustrations.
The Decor segment is showcasing a CAGR of 6.8% during (2023 - 2030). Decorators and homeowners can use large format printers to create personalized wallpaper with unique patterns, designs, or custom images. Museums, galleries, and artists use these printers to reproduce high-quality copies of paintings and artworks for display. Decorative floor graphics can be printed with these printers, adding a unique touch to retail spaces, events, or home interiors. Decorative backlit displays are created with large format prints, offering interiors a dynamic and visually striking element.
The North America region dominated the Global Large Format Printer Market by Region in 2022; thereby, achieving a market value of $4.1 billion by 2030. The Europe region is anticipated to grow a CAGR of 5.6% during (2023 - 2030). Additionally, The Asia Pacific region would register a CAGR of 6.4% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/large-format-printer-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of HP, Inc., Canon, Inc., Seiko Epson Corporation, Brother Industries, Ltd., Mimaki Engineering Co., Ltd., Xerox Corporation, Konica Minolta, Inc., Agfa-Gevaert Group, Roland DG Corporation (Roland DGA Corporation) and Ricoh Company, Ltd.
By Technology (Volume, Thousand Units, USD Billion, 2019-2030)
By Offering (Volume, Thousand Units, USD Billion, 2019-2030)
By Print Width (Volume, Thousand Units, USD Billion, 2019-2030)
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
By Geography (Volume, Thousand Units, USD Billion, 2019-2030)
Companies Profiled
Unique Offerings 
