Boston, MA -- (SBWIRE) -- 02/03/2016 -- 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.

Technavio's analysts forecast the global LFP market to grow at a CAGR of 2.35% during the period 2016-2020.

Covered in this report
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.

Get More Details on this Report and a Full Table of Contents at Global Large Format Printer Market 2015-2019

The market is divided into the following segments based on technology:

-UV-cured
-Aqueous
-Solvents
-Latex

Technavio's report, 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 vendors

-Canon
-HP
-Mimaki Engineering
-Roland
-Seiko Epson

Other prominent vendors

-AGFA Graphics
-Konica Minolta
-Kyocera
-Lexmark
-Mutoh
-Ricoh
-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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Canon, Epson, HP, Mimaki, Roland, AFGA Graphics, Konica Minolta, Kyocera, Lexmark, Mutoh, Ricoh, Xerox.

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