According to a recent research report by market research firm InfoTrends, the global market for wide-format laser/LED printers, copiers and multifunction systems is currently over $2 billion. This market includes hardware, ink cartridges, media and service contracts. Due to the shift to the lower end of printing products and the use of inkjet printers for color printing and electronic processing for faster cycle times, sales of such products have increased, but sales revenues have declined.
InfoTrends predicts that global shipments of wide-format laser/LED hardware will increase from 42,480 units in 2005 to 44,350 units in 2010. Low-end products are expected to drive this market growth, accounting for 61% of all shipments. Low-end products will reach 28,500 units in 2010, with a compound annual growth rate of 2%.
Analysts said that during the forecast period, the new low-end products will all transition from analog products to digital products. By 2008, digital products will replace analog products. The latest digital products from Xerox, Océ and Ricoh will have higher value than previous products, with lower sales prices, higher speed and quality, smaller size, and more for users who make technical documents. Attractive.
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