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(Weymouth, MA) February 11, 2010 . . . InfoTrends’ research projects that the total system revenue from wide format UV-curable inkjet printing systems, which includes hardware, ink, media, and the value of service contracts, will grow from $1.1 billion in 2008 to reach $2.33 billion in 2013, for a CAGR of nearly 16%. This makes UV-curable inkjet the fastest growing technology in the wide format digital printing market. “Wide format UV-curable inkjet has quickly evolved from primarily a flatbed inkjet printing technology to one that is much more capable and versatile,” commented Tim Greene, Director of InfoTrends’ Wide Format Printing service. “New ink formulations and new print head technologies have created a market that is much more cost-competitive with solvent inkjet and is able to produce key wide format digital print applications at greater speeds than any other wide format technology.” The wide format UV-curable market withstood the poor economic conditions better than any of the competing wide format graphics production technologies due to end users’ interest in the speed and efficient production delivered by UV-curable inkjet, as well as the ability of this technology to overcome the environmental disadvantages of solvent inkjet. Nearly all of the major wide format equipment manufacturers now have some role in the UV-curable inkjet segment, and InfoTrends is also seeing strong market participation from many of the leading companies in the distribution channel. The combination of these three sets of stakeholders in the development of UV-curable inkjet technology is expected to propel the wide format UV-curable inkjet printer market. InfoTrends’ Wide Format UV-curable Inkjet Market Forecast provides a forecast for the worldwide wide format UV-curable inkjet printer market for 2008 – 2013. The report provides data in terms of hardware shipments, populations, and revenue, as well as revenue and units for ink, media, and service contracts. This report is available immediately for purchase. For more information visit our online store or contact Robyn Wuori at 1 ext. 103 or via e-mail at . InfoTrends, a Questex company, 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 is available on the Web at www.infotrends.com. Copyright 2010 InfoTrends. All rights reserved. Reproduction or reuse of InfoTrends materials is strictly prohibited without prior written consent. If you are interested in referencing InfoTrends content, please submit your request to . |
