(Weymouth, MA) October 04, 2005…Continuous improvements to aqueous inkjet printing supplies have led to widespread adoption of low-end systems for proofing, fine art, and photographic work. InfoTrends/CAP Ventures expects total unit shipments to increase from 192,000 in 2004 to 223,665 in 2009, demonstrating a CAGR of 3.1%.
Figure 1: Worldwide Wide Format Aqueous Inkjet Printer
The wide format aqueous inkjet segment maintains the largest installed base worldwide, which drives the largest supplies market. In fact, supplies represented 80% of the wide format aqueous inkjet market’s total revenue in 2004, and this percentage is expected to increase to 84% by 2009.
“Aqueous inkjet is probably the most flexible wide format printing technology on the market today, but it is a mature segment. We believe there are still growth opportunities, but taking advantage of them will require some technological advancements,” commented Tim Greene, a Director at InfoTrends/CAP Ventures. “On the technical side, a significantly faster engine that rivals low-end LED engines in terms of print speed and color capability is needed. On the graphics side, continued improvements in ease-of-use, image quality, and achievability will continue to drive growth in the low-end.”
InfoTrends/CAP Ventures’ Forecast entitled Worldwide Wide Format Aqueous Inkjet Market Forecast: 2004-2009provides shipment and revenue forecast information on hardware, ink, and media in the aqueous inkjet hardware market. It provides actual numbers for 2004, and a forecast for 2005 through 2009. This Forecast also details the unit shipments and revenues for each area.
The Forecast is available immediately to clients of InfoTrends/CAP Ventures’ Visual Communications Technologies Consulting Service. To obtain more information about the report or to make a purchase, visit our online store or contact Alison Hipp at , ext. 126 or .
InfoTrends/CAP Ventures is the leading worldwide market research and strategic consulting firm for the digital imaging and document solutions industry. We provide research, analysis, forecasts, and advice to help clients understand market trends, identify opportunities, and develop strategies to grow their businesses. Additional information about InfoTrends/CAP Ventures is available on the Web at www.infotrendsresearch.com.