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Introduction According to a new InfoTrends/CAP Ventures forecast, the wide format UV-curable inkjet market is only in its early stages of development, but there are many signs that the high concentration of suppliers is affecting the value of the market. The wide format UV-curable inkjet market can now be considered in terms of functionality (flatbed vs. roll-fed), speed, or price. This will be an important factor in assessing the opportunity within the UV-curable market, because the definitions of the various segments will evolve just as they have for other inkjet printing technologies. InfoTrends/CAP Ventures’ new forecast entitled Wide Format UV-Curable Inkjet Printer and Supplies Market Forecast: 2004-2009 takes a global look at the wide format UV-curable inkjet printing systems market and projects annual shipments, installed base, average selling prices, and system revenues for this emerging technology. Worldwide Overview & Outlook Total worldwide wide format UV-curable inkjet system revenues are expected to reach $1.1 billion in 2009, representing a CAGR of 27%. The market is growing rapidly in response to the demand for productive, environmentally-friendly printing systems that produce short-run wide format digital graphics. Figure 1: Total Worldwide Wide Format UV-Curable Revenue –
InfoTrends/CAP Ventures expects faster, more productive low-end systems and roll-fed mid-range systems to be developed and introduced over the next five years, driving higher adoption rates. At this time, the two primary wide format UV-curable inkjet markets are Europe and North America. The current demand for wide format UV-curable inkjet systems primarily comes from Europe, where end-user companies in the sign and screen printing establishments, as well as major photo labs, adopt these production systems to supplement or replace their existing digital wide format production equipment. What is Driving UV-Curable’s Population? The total wide format UV-curable inkjet printer installed base to move from 1,430 units in 2004 to over 11,000 units in 2009 (50.5% CAGR). The anticipated rapid adoption of wide format UV-curable inkjet systems is based on two major trends and business factors. The first is the continued viability of printed outdoor advertising, which has proven to be a very cost-effective advertising method. The second is the continued decline in the average run length, which makes it increasingly cost-effective to use digital printers rather than screen printers or other processes. These two factors, combined with the environmental advantage that UV-curable offers over solvent technology and the introduction of white ink and spot color printing capability, will drive growth in the UV-curable market. The preceding is an excerpt from InfoTrends/CAP Ventures’ report “Wide Format UV-Curable Inkjet Printer and Supplies Market Forecast: 2004-2009.” The complete document is available immediately. To learn more about the report or to make a purchase, visit our online report store or contact Alison Hipp at , ext. 126 or . |
