Large Format Printer Market Size, Share, Trends

The study involved four major activities in estimating the size of the large format printer market. Exhaustive secondary research has been conducted to collect information on the market, the peer markets, and the parent market. Both top-down and bottom-up approaches have been employed to estimate the total market size. Market breakdown and data triangulation methods have also been used to estimate the market for segments and subsegments.

Secondary Research:

Revenues of companies offering large format printers have been obtained from the secondary data available through paid and unpaid sources. The revenues have also been derived by analyzing the product portfolio of key companies, and these companies have been rated according to the performance and quality of their products.

Various secondary sources have been referred to in the secondary research process for identifying and collecting information important for this study. Secondary sources include corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers; IoT technologies journals and certified publications; articles by recognized authors; gold-standard and silver-standard websites; directories; and databases.

Secondary research has been conducted mainly to obtain critical information about the market’s value chain, the total pool of key players, market classification and segmentation according to the industry trends to the bottom-most level, geographic markets, and key developments from demand- and technology-oriented perspectives. Secondary data has been collected and analyzed to determine the overall market size, further validated by primary research.

Primary Research:

Extensive primary research has been conducted after understanding and analyzing the current scenario of the large format printer market through secondary research. Several primary interviews have been conducted with key opinion leaders from both demand and supply sides across 4 major regions: North America, Europe, Asia Pacific, and RoW. Approximately 25% of the primary interviews have been conducted with the demand side, while 75% have been conducted with the supply side. Primary data has been collected mainly through telephonic interviews, which consist of 80% of the total primary interviews. Questionnaires and e-mails have also been used to collect data.

After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primary. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report. The breakdown of primary respondents is as follows:

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Market Size Estimation

The bottom-up procedure has been employed to arrive at the overall size of the Large Format Printer Market.

• Identifying applications that use or are expected to use large format printers.
• Analyzing major providers of large format printers and original equipment manufacturers (OEMs), studying their portfolios, and understanding different technologies used.
• Analyzing historical and current data pertaining to the market, in terms of volume, for each large format printer market technology.
• Analyzing the average selling price of large format printers based on different technologies used in different products.
• Arriving at the market estimates by analyzing companies' revenue and combining these figures to determine the market size.
• Studying paid and unpaid sources, such as annual reports, press releases, white papers, and databases, to gather the required information. 
• Tracking the ongoing developments and identifying the upcoming ones in the market that include investments, research and development activities, product launches, collaborations, and partnerships undertaken, as well as forecasting the market based on these developments and other critical parameters.
• Carrying out multiple discussions with the key opinion leaders to understand the large format printer technologies and related raw materials, as well as products designed and developed to analyze the break-up of the scope of work carried out by the key companies' manufacturing panels.
• Verifying and cross-checking the estimate at every level through discussions with key opinion leaders such as chief executives (CXOs), directors, and operation managers, and finally with the domain experts in MarketsandMarkets

The top-down approach has been used to estimate and validate the total size of the Large Format Printer Market.

• Focusing initially on the investments and expenditures being made in the ecosystems of various applications
• Calculating the market size considering revenues generated by major players through the cost of the large format printers.
• Segmenting each application of large format printer in each region and deriving the global market size based on region.
• Acquiring and analyzing information related to revenues generated by players through their key offerings.
• Conducting multiple on-field discussions with key opinion leaders in developing various large format printer offerings.
• Estimating the geographic split using secondary sources based on multiple factors, such as the number of players in a specific country and region and the types of large format printers technology used in apparel & and textiles, signage & and advertising, décor, CAD & technical printing.

Data Triangulation

After arriving at the overall size of the large format printer market through the process explained, the total market has been split into several segments and subsegments. Market breakdown and data triangulation procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data has been triangulated by studying various factors and trends from the demand and supply sides. The market has also been validated using the top-down and bottom-up approaches.

Market Definition

Large format printing (LFP), also known as wide-format printing, is basically a type of printing done using wide/large format printers for printing documents that range from 17 inches to 72 inches in width. Printers that print over 72 inches are called super-wide or grand format printers. Images to be printed in a large format must have a resolution of 150 dots per inch (DPI) or more due to the size of the end product. Inkjet technology is more commonly used in wide-format printers than other technologies such as laser or dot matrix because of its lower initial cost, higher quality, and fine prints. The large format printer market is mainly consolidated with big players; however, the market for materials is fragmented.

Key Stakeholders

• Large format printer material and component suppliers
• Manufacturing Equipment Suppliers
• System Integrators
• Technology/IP Developers
• End users of printers, such as printing service providers and presses
• Investors (private equity, venture capital, and others)
• Original equipment manufacturers (OEMs)
• Large format printer and Material-related Associations, Organizations, Forums, and Alliances
• Venture Capitalists and Startups
• Research institutes and organizations
• Market research and consulting firms
• Distributors and Resellers

Report Objectives

• To define, describe, and forecast the large format printer market size by offering, connectivity, print width, printing material, ink type, and application in terms of value
• To describe and forecast the market size for the technology of large format printer market, in terms of value and volume
• To estimate and forecast the market size, in terms of value, for various segments across four regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To provide a detailed overview of the value chain pertaining to the large format printer ecosystem, along with the average selling prices of different types of large format printer
• To strategically analyze the ecosystem, Porter’s five forces, technology analysis, tariffs and regulations, patent analysis, trade analysis, key conferences and events, and case studies pertaining to the market under study
• To analyze the manufacturers of large format printers, their strategies, and new production plans to analyze the large format printer ecosystem/supply chain, which consists of suppliers of materials and components and product manufacturers
• To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze opportunities in the market for stakeholders by identifying high-growth segments of the market and provide a detailed competitive landscape for market leaders
• To strategically profile key players and comprehensively analyze their market share analysis and ranking as well as core competencies
• To analyze competitive developments in the large format printer market, such as collaborations, contracts, partnerships, acquisitions, and product launches and developments

Available customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

• Detailed analysis and profiling of additional market players based on various blocks of the supply chain