Market Share of Large Format Printers Industry
The Global Large Format Printer Market is moderately consolidated, with a majority share acquired by a few global players. High investments in R&D, new product launches, market initiatives, mergers and acquisitions, partnerships, and collaborations are the prime growth strategies adopted by companies to sustain the competition. Key players in the market are Canon, HP Inc, Ricoh, and Epson.
- October 2021 - Canon Inc. announced the launch of a new large format printer, the imagePROGRAF GP Series. The new printer includes fluorescent pink ink that provides enhanced graphics. It allows users to print highly graphic posters and wall art, among others.
- September 2021 - HP Inc. announced the launch of HP PageWide XL and HP DesignJet series of large format printers. These printers, including HP DesignJet Z6 Pro and Z9+ Pro, provide fast media handling and an automated roll feed. Moreover, the HP DesignJet Z9+ Pro enables the users to produce print designs 18% faster on satin photo media and 46% faster on canvas.
Large Format Printers Market Leaders
Hewlett Packard Development Company, L.P.
Canon Inc.
Agfa-Gevaert N.V
Seiko Epson Corporation
Ricoh Company, Ltd
*Disclaimer: Major Players sorted in no particular order