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Introduction Wide format UV-curable inkjet is an emerging technology that has a lot of promise as a high-quality color graphic production technology. InfoTrends new forecast, Wide Format UV-Curable Inkjet Printer and Supplies Market Forecast: 2005-2010, sizes and projects the market for wide format UV-curable inkjet printers and supplies on a worldwide basis. According to the forecast, the wide format UV-curable inkjet printer market represents an opportunity of nearly $500 million on a worldwide basis and is expected to grow more than 24% per year. This market is still in its early growth stages, but it will have a significant impact on competing technologies in the coming years. New printer models that have roll-feed options and image quality improvements are driving growth, making it possible for wide format UV-curable inkjet printers to produce a wider variety of applications and increase the size of the addressable market for these types of printers. Environmental friendliness and ease of printing on rigid surfaces are also market drivers. Ink Revenues will Surpass Hardware Revenues InfoTrends expects unit shipments continue to experience double-digit growth through 2010. By the end of the forecast period, however, ink revenues are expected to surpass hardware revenues as the largest revenue component of the wide format UV-curable inkjet market. Because of this, it is critical for vendors to capture the sale of ink consumed by the growing installed base. Figure 1: Worldwide Wide Format UV-Curable Inkjet
Unlike the wide format solvent inkjet ink market, there are not yet a great deal of third-party UV-curable inkjet ink suppliers. This is partly due to the relative complexity of the formulation of UV-curable inkjet inks and party because the installed base of these devices has not yet reached critical mass. As the major vendors continue to develop UV-curable inkjet inks and printers with advanced features, InfoTrends expects that UV-curable inkjet will impact the high-end of the wide format solvent inkjet printer market the most in the short term, where users expect to pay hundreds of thousands for a new printers and where print volumes are very high. The fastest-growing segment of the market is the low-end. The preceding is an excerpt from InfoTrends’ report entitled “Wide Format UV-Curable Printer and Supplies Market Forecast: 2005-2010.” The complete document is available immediately. To learn more about the report or to make a purchase, visit our online store or contact Nicole Shown at +1 , ext. 207 or . Copyright © 2006 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 . |
