Worldwide Large Format Printer Shipments Continue on Growth Trajectory in the Third Quarter of 2014, According to IDC

FRAMINGHAM, Mass. — (BUSINESS WIRE) — December 4, 2014 — According to new data from the International Data Corporation ( IDC) Worldwide Quarterly Large Format Printer Tracker, the large format printer (LFP) market recorded year-over-year growth of 0.6% in the third quarter of 2014 (3Q14) with more than 78,000 units shipped. This marks the fifth consecutive quarter of worldwide shipment growth. Shipment value declined -4.0% year over year to nearly $782 million.

"The third quarter is often the softest quarter of the year in the global large format market," said Phuong Hang, Program Director, Worldwide Large Format Printer Tracker. "While global shipments are ahead of 2013, hardware revenue is essentially flat for 2014 so far, due primarily to vendor price promotions."

Technology Highlights

  • The wide format CAD/Technical printer market segment continued to grow, with inkjet printer shipment growth more than offsetting the decline in toner-based wide format printers. Overall, the CAD/Technical segment is on pace to grow 5.2% worldwide in 2014.
  • Despite a soft third-quarter, wide format Graphics printer shipments are 3% higher through the first three quarters of 2014 versus 2013.

Vendor Highlights

  • HP is the wide format market leader, and in the third quarter has gained share in both shipments and revenues on a worldwide basis, driven largely by growth in the technical segment and by the increase in HP Latex printer sales.
  • Canon maintained its number 2 position among wide format printer manufacturers with market share of nearly 21% of worldwide shipments.
  • Epson also maintained its position as the number 3 worldwide supplier, but saw the gains of its eco-solvent and dye-sublimation printers offset somewhat by the slowdown in the aqueous graphics segment.
  • Roland is the fourth-ranked supplier to the worldwide large format printer market, which is impressive because Roland only participates in the graphics side of the wide format market.
  • Ricoh is the fifth-ranked wide format printer vendor in terms of shipments and has grown market share with entry to the wide format technical inkjet market that has added a fourth significant supplier to that segment.

The top five wide format printer manufacturers make up over eighty percent of global wide format shipments, but only two-thirds of revenue. With manufacturers like HP, Canon, and Epson dominating the aqueous segment, this points to the maturity of the conventional aqueous graphics and solvent inkjet markets and the fragmented nature of the wide format UV-curable inkjet segment.

Worldwide Large Format Printer Shipments, Shipment Value Market Share, and Year-Over-Year Growth, Third Quarter 2014

Vendors    

3Q14
Shipment
Value ($M)

   

3Q14 Market
Share

   

3Q13
Shipment
Value ($M)

   

3Q13 Market
Share

   

3Q14/3Q13
Growth

1. HP     227.34     29.1%     205.38     25.2%     +10.7%
2. Canon     116.41     14.9%     138.00     17.0%     -15.6%
3. Epson     72.73     9.3%     89.55     11.0%     -18.8%
4. Mimaki     50.47     6.5%     43.91     5.4%     +14.9%
5. Roland     48.89     6.3%     54.53     6.7%     -10.3%
Others     265.90     34.0%     282.72     34.7%     -5.9%
Total     781.74     100.0%     814.08     100.0%     -4.0%

1 | 2  Next Page »



Review Article Be the first to review this article


Featured Video
Latest Blog Posts
The Open Geospatial Consortium BlogThe OGC Blog
by The Open Geospatial Consortium Blog
OGC appoints three new members to its Board of Directors
Jobs
Geoscientist for University of Nebraska at lincoln, Nebraska
AVL Sales Manager for One-Compass Suite of Companies at Denver, Colorado
Director of Strategic Accounts for Sanborn at Colorado Springs, Colorado
GIS Manager for Union County NC at Monroe, California
Order Fulfillment & Sales Support for One-Compass Suite of Companies at Denver, Colorado
Programmer Analyst IV/ DO for City of Houston at Houston, Texas
Upcoming Events
GEO Business at ExCel London United Kingdom - May 19 - 20, 2021
FOSSGIS-Konferenz 2021 at OST - Ostschweizer Fachhochschule Campus Rapperswil Oberseestrasse 10 Rapperswil Switzerland - Jun 6 - 9, 2021
GI_Forum 2021 | re.connecting spatially at Salzburg Austria - Jul 5 - 9, 2021
InterDrone 2021 at Hyatt Regency Dallas TX - Aug 10 - 12, 2021
University of Denver GIS Masters Degree Online



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise