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Global LFP Market to Grow at a CAGR of 2.35% During the Period 2016-2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Large Format Printer Market 2015 - 2019” research report to their website


Lewes, DE -- (SBWIRE) -- 01/19/2016 -- Report forecast the global LFP market to grow at a CAGR of 2.35% during the period 2016-2020.

LFPs or wide format printers support print roll widths in the range of 18-100 inches. LFPs are used to print banners, posters, backdrop for theaters, constructional designs, and various other large format artworks. Most LFPs are based on the inkjet printing technology.

LFPs utilize aqueous, solvent, dye sublimation, UV, and pen/plotters technologies to transfer ink. Advances in technology across various components of LFPs such as ink and ink-level monitoring software have enhanced their efficiency and productivity. The global LFP market is experiencing substantial demand from sectors such as advertising, textile, and vehicle wraps. These factors are expected to drive the market during the forecast period.

The report covers the present scenario and the growth prospects of the global LFP market for 2016-2020. To calculate the market size, the report considers revenue generated from the shipment of LFPs.

The market is divided into the following segments based on technology:
- UV-cured
- Aqueous
- Solvents
- Latex

According to the report, consumers in the printing industry are increasingly opting for MFPs as they can handle a variety of functions - printing, faxing, scanning, and photocopying. These devices are efficient, reliable, and user-friendly. MFPs are widely adopted in small offices and home offices. Though MFPs do not offer high-quality prints that are usually obtained in standalone printers, they serve various purposes.

Further, the report states that online advertising has a faster and wider reach, reduces advertisement costs, and saves time. This will hinder the adoption LFPs among new users entering the market.

Global LFP Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Large Format Printer Market: Canon, Epson, HP, Mimaki and Roland

Other Prominent Vendors in the market are: AFGA Graphics, Konica Minolta, Kyocera, Lexmark, Mutoh, Ricoh, and Xerox.

Market driver
- Growing adoption of UV-cured ink
- For a full, detailed list, view our report

Market challenge
- Emergence of digital substitutes
- For a full, detailed list, view our report

Market trend
- Adoption of latex ink
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 61 pages and 27 Exhibit "Global Large Format Printer Market 2015 - 2019" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by technology, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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