NA Leads Production Printer Market Growth at 5.5% CAGR to 2022 Propelled by Publishing Application

Production printer market to grow at a CAGR of 5.5% between 2016 and 2022. The production printer market will reach $7.74 billion in value by 2022 at a CAGR of 5.5% between 2016 and 2022. By volume the market is expected to reach shipments of 75,087 printer units by 2022. The widespread usage of production printers in the media and advertisement sector and the growing demand from the publishing application are the major factors driving the growth of the market. Complete report on production printer market spread across 158 pages, profiling 10 companies and supported with 71 tables and 75 figures is now available at .

North America expected to hold the largest production printer market share during the forecast period. The APAC market is estimated to grow at the highest rate in the global market till 2022. The increasing demand for high-volume printing at a low cost and in less time in the publishing application is driving the production printer market in this region, especially in Japan. Currently, North America holds the largest share of the production printer market. There is heavy investment in the U.S. for the transactional and commercial application which is becoming a major hub for the adaption of production printers.

Transactional application expected to dominate the production printer market during the forecast period. Production printers play a key role in the transactional printing application which includes the large scale printing of bills, statements, invoices, checks, insurance policies, and other informational documents with unique content for each recipient. Production printers are widely used for printing these transactional documents with low cost. Both monochrome and color type printers are extensively used for the transactional application. Order a copy of this report at .

Color type production printer market expected to show high growth during the forecast period. Color type production printers are extensively used in the production printer market as they offer high reliability with spectacular image quality and a wide range of options for document finishing and professional color management. These printers are widely used in the commercial, label & package, and transactional applications among others. The geographic segmentation in the report covers four major regions of the world namely North America, Europe, APAC, and RoW.

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (20%), Tier 2 (45%) and Tier 3 (35%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level (35%), Director Level (25%) and others (40%) from various key organizations operating in the global production printer market. The primary interviews were conducted worldwide covering regions such as North America (45%), Europe (20%), APAC (30%) and RoW (5%).

The report also profiles the major players in the production printer market namely Xerox Corporation (U.S.), Hewlett-Packard (U.S.), Ricoh Company Ltd. (Japan), KonicaMinolta, Inc. (Japan), and Canon Inc. (Japan), Agfa and Gevaert N.V. (Belgium), EFI Electronics Corp. (U.S.), Eastman Kodak Company (U.S.), Inca Digital Printers Ltd.(U.K.), and Miyakoshi Co., Ltd (Japan). Make an Inquiry on ā€œProduction Printer Market by Type (Monochrome, Color), Technology (Inkjet, Toner), Production Method (Cut Sheet, Continuous Feed, Sheet Fed, and Web Based), Application and Geography - Global Trends & Forecast to 2022ā€ research report at .

On a related note, another research titled 3D Printing Market Global Forecast to 2022 says, the 3D printing market is expected to reach USD 30.19 billion by 2022, at a CAGR of 28.5% between 2016 and 2022. APAC 3D Printing Market expected to witness the fastest growth during the forecast period. 3D Printing Market for the education sector to witness a high growth rate during the forecast period. Companies like 3D Systems Corporation (U.S.), Stratasys Ltd. (U.S.& Israel), the Ex One Company (U.S.), Voxeljet AG (Germany), Arcam Group (Sweden), SLM Solutions Group AG (Germany), EOS GmbH (Germany), EnvisionTEC GmbH (Germany), Materialise NV (Belgium), Sciaky Inc. (U.S.), Concept Laser GmbH (Germany), Autodesk, Inc. (U.S.), Hoganas AB (Sweden), Renishaw PLC. (U.K.) have been profiled in this 304 pages research report available at .

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