The North America Large Format Printer Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,181.9 thousand units, showcasing a growth of 5.0% (2019-2022).
Large Format Printer are commonly used to print architectural drawings, blueprints, and construction plans, enabling architects and engineers to visualize and communicate complex designs. Retailers utilize large format printing for in-store signage, promotional displays, and window graphics to attract customers and enhance the shopping experience. Educational institutions use these printers to create educational materials, charts, and posters for classrooms and research presentations. Artists and photographers use these printers to reproduce their works in great detail and quality, allowing them to create limited edition prints or showcase their art in galleries.
In the healthcare sector, large format printers print medical images, charts, and diagrams for educational purposes and patient communication. They create packaging prototypes, allowing designers and manufacturers to visualize and test packaging designs before mass production. They create graphics and displays for trade shows, conferences, and events, helping companies attract attention and promote their products and services. They produce detailed maps and geographic information for urban planning, environmental monitoring, and land surveying.
The demand for outdoor advertising, including billboards, banners, and transit advertising, remains significant in North America. According to the International Trade Administration, Mexico has several resources for trade promotion and advertising, including trade shows, printed media articles, TV and radio advertisements and advertorials, and outdoor advertising. Both plain paper billboards are noticeable on the streets. Mexico City, for instance, has at least 2,500 billboards. Billboards are strategically placed in high-visibility locations, and the large format prints on these structures need to be attention-grabbing. They enable the production of prints that meet different locations' visibility and impact requirements. As a result, these aspects will boost the market growth in the coming years.
The US market dominated the North America Large Format Printer Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,912.5 million by 2030. The Canada market is experiencing a CAGR of 7.4% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.5% during (2023 - 2030).
Based on Technology, the market is segmented into Ink-based, and Toner-based. Based on Offering, the market is segmented into Printer, Software, and After-sales Services. Based on Print Width, the market is segmented into 24" to 36”, 36" to 44", 44" to 60", 17" to 24", 60" to 72", and 72" & above. Based on Application, the market is segmented into Signage & Advertising, Apparel & Textile, Décor, and CAD & Technical Printing. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Large Format Printer Market is Predict to reach $12.1 Billion by 2030, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include HP, Inc., Canon, Inc., Seiko Epson Corporation, Brother Industries, Ltd., Mimaki Engineering Co., Ltd., Xerox Corporation, Konica Minolta, Inc., Agfa-Gevaert Group, Roland DG Corporation (Roland DGA Corporation) and Ricoh Company, Ltd.
By Technology (Volume, Thousand Units, USD Billion, 2019-2030)
By Offering (Volume, Thousand Units, USD Billion, 2019-2030)
By Print Width (Volume, Thousand Units, USD Billion, 2019-2030)
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
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