What is Global Industrial Inkjet Printheads Market?
The Global Industrial Inkjet Printheads Market is a vast and dynamic sector that plays a crucial role in the world economy. It refers to the global market of printheads used in industrial inkjet printers. These printheads are the core components of an inkjet printer that control the placement of ink droplets on the printing medium. The market encompasses various types of printheads, including those used in large-scale industrial printing and those used in smaller, office-based printers. The value of this market was estimated at US$ 1000.2 million in 2023 and is projected to reach US$ 2237.1 million by 2030. The market's growth is driven by the increasing demand for high-quality, efficient printing solutions in various industries worldwide.
Less than 600 dpi, Above 600 dpi in the Global Industrial Inkjet Printheads Market:
The Global Industrial Inkjet Printheads Market is segmented based on the resolution of the printheads, namely less than 600 dpi and above 600 dpi. The less than 600 dpi segment holds the majority share, accounting for about 70% of the market. These printheads are widely used due to their cost-effectiveness and suitability for most standard printing tasks. On the other hand, printheads with a resolution above 600 dpi are used for high-quality, precision printing. These are typically more expensive and are used in industries where high-resolution printing is essential, such as advertising, design, and professional photography.
Document Printing, Textile Printing, Label & Packaging, Ceramic & Decor, Other in the Global Industrial Inkjet Printheads Market:
The Global Industrial Inkjet Printheads Market finds its application in various areas including Document Printing, Textile Printing, Label & Packaging, Ceramic & Decor, and others. In Document Printing, these printheads are used to print high-quality documents at a fast pace. In Textile Printing, they are used to print intricate designs and patterns on various types of fabrics. In the Label & Packaging industry, these printheads are used to print labels and packaging materials that are durable, vibrant, and resistant to fading. In the Ceramic & Decor industry, they are used to print designs on ceramics and other decor items. Other applications include printing on plastics, metals, and other materials.
Global Industrial Inkjet Printheads Market Outlook:
The future outlook for the Global Industrial Inkjet Printheads Market looks promising. In 2023, the market was valued at US$ 1000.2 million and is expected to almost double, reaching US$ 2237.1 million by 2030. This growth represents a Compound Annual Growth Rate (CAGR) of 12.4% during the forecast period from 2024 to 2030. The market is dominated by the top three manufacturers who collectively hold about 50% of the market share. The largest product segment in this market is the less than 600 dpi printheads, which account for about 70% of the market.
Report Metric | Details |
Report Name | Industrial Inkjet Printheads Market |
Accounted market size in 2023 | US$ 1000.2 million |
Forecasted market size in 2030 | US$ 2237.1 million |
CAGR | 12.4% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | Fujifilm, Konica Minolta, SII Printek, Kyocera, Toshiba Tec, Trident, Ricoh, Xaar, Epson |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |