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New York, November 3, 2021/PRNewswire/ - Between 2020 and 2025, the global MEMS inkjet head market will grow by USD 123.4 million, and the compound annual growth rate during the forecast period will exceed 2%. The market is segmented by technology (thermal inkjet heads and piezoelectric inkjet heads), end users (consumer, commercial, and industrial), and geography (Asia Pacific, North America, Europe, South America, and MEA). The report details the supplier's performance in terms of revenue generation, market position, product launches, and customer base.
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The key points of MEMS inkjet head market research
The MEMS inkjet head market will grow at a compound annual growth rate of more than 2% between 2020 and 2025 by USD 123.4 million
During the forecast period, the Asia-Pacific region will have 40% market growth
The thermal inkjet head segment has the largest growth in 2020
Major suppliers include Canon, Eastman Kodak, Fujifilm Holdings, etc.
MEMS inkjet head market: growth drivers and constraints
The MEMS inkjet head market is driven by increasing demand for multifunction printers (MFPs). The MFP has a variety of functions, such as printing, copying, faxing, and scanning. They also have additional features such as secure network document storage, authentication of network user credentials, running custom software, advanced network scanning targets (FTP, WebDAV, email, SMB and NFS storage), and data transfer encryption. The availability of such multiple functions helps end users reduce procurement expenses and save a lot of operating costs. In addition, it allows organizations to generate a smaller footprint by reducing power consumption. Many of these benefits are increasing the demand for MFPs, which is driving market growth.
An analyst from Technavio said: "Although the increasing popularity of UV-curable inks and the global growth of the packaging industry will further drive market growth, the emergence of digital alternatives may reduce growth opportunities for market participants."
The MEMS inkjet head market report answers the following questions:
Is the market structure fragmented or concentrated?
What is the market size in 2020 and the forecast of the MEMS inkjet head market by 2025?
During the forecast period, which areas are most worth investing in?
What is the market share of the dominant and strong vendors in the MEMS inkjet head market?
What are the latest trends and regulatory frameworks in the MEMS inkjet head market?
Answer all your questions in our full report.
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MEMS inkjet head market scope
Accelerate at a compound annual growth rate of more than 2%
Asia Pacific, North America, Europe, South America and MEA
United States, China, Germany, Japan and South Korea (Republic of Korea)
Leading company, competitive strategy, scope of consumer participation
Canon Inc., Eastman Kodak Co., FUJIFILM Holdings Corp., FUNAI ELECTRIC Co. Ltd., HP Inc., Konica Minolta Inc., Koninklijke Philips NV, Memjet Holdings Ltd., Ricoh Co. Ltd., and Seiko Epson Corp.
Mother market analysis, market growth incentives and obstacles, fast-growing and slow-growing market segments, COVID-19 impact and future consumer dynamics, and market conditions during the forecast period.
If our report does not contain the data you are looking for, you can contact our analysts and customize the market segment.
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About Us Technavio is the world's leading technology research and consulting company. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market position. Technavio's report library has more than 500 professional analysts, including more than 17,000 reports, and it is constantly increasing, covering 800 technologies across 50 countries/regions. Their customer base includes companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio's comprehensive coverage, extensive research, and actionable market insight to identify opportunities in existing and potential markets, and evaluate their competitive position in changing market scenarios.
Contact Technavio Research Jesse Maida Media and Marketing Director United States: 1 844 364 1100 United Kingdom: 44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
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