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(Weymouth, MA) January 23, 2008… According to a recent InfoTrends forecast, 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 26.6% annually to reach $2.58 billion by 2011. At these rates, UV-curable inkjet represents the fastest growing technology in the wide format digital printing market. “Wide format UV-curable inkjet has quickly evolved from being primarily a flatbed inkjet printing technology to one that is much more capable and versatile than it was just a year or two ago,” commented Tim Greene, a Director at InfoTrends. “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.” While market projections are promising, the wide format UV-curable inkjet market is not without risk factors. There are several that need to be considered, including the impact of third-party ink and media suppliers, further consolidation and new market entries, the threat from digital signage, and the potential for market suppliers in lower-cost manufacturing geographies like Russia, India, and of course China that could upset the market balance by driving down the average selling price of printers and inks worldwide. InfoTrends' new forecast, Wide Format UV-Curable Inkjet Market Forecast: 2006-2011, includes projections for hardware, ink, media, and service contract values from 2006 – 2011 for the dynamic wide format UV-curable inkjet printer market. The forecast uses four segments to define the market based on price points. The complete forecast is available immediately to clients of InfoTrends’ Wide Format Printing Consulting Service. For more information about the forecast or to make a purchase, visit our online store or contact Scott Phinney at +1 ext. 123 or . 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 © 2007 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 . |
