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3. Large Format Printer Companies - HP Development Company, L.P. (US) and Canon Inc. (Japan) are the Key Players

The Large Format Printer Market is projected to reach from USD 8.1 billion in 2023 to USD 10.4 billion by 2028; it is expected to grow at a CAGR of 5.0% from 2023 to 2028. The expansion of the large format printer market results from their growing adaptability, cost-efficiency, and the desire for personalized solutions. Advancements in technology have continuously improved the quality and efficiency of these machines, playing a significant role in their sustained growth.

Major Large Format Printer Companies include: 

• HP Development Company, L.P. (US),
• Canon Inc. (Japan),
• Seiko Epson Corporation (Japan),
• Brother Industries, Ltd. (Japan),
• MIMAKI ENGINEERING CO., LTD. (Japan),
• Roland DGA Corporation (Japan),
• Ricoh (Japan), DURST GROUP AG (Italy),
• Xerox Corporation (US),
• Konica Minolta, Inc. (Japan),
• Agfa-Gevaert Group (Belgium),
• Electronics For Imaging, Inc. (US),
• KYOCERA Corporation (Japan),
• Lexmark International, Inc. (US),
• FUJIFILM Holdings Corporation (Japan),
• ARC Document Solutions, LLC (US),
• Dilli (South Korea),
• Mutoh (Belgium),
• swissQprint AG (Switzerland),  
• Shenyang Sky Air-Ship Digital Printing Equipment Co., Ltd (China), 
• Oki Electric Industry Co., Ltd. (Japan),
• SOMA TECH INTL (US), 
• Floraprinter (China),
• Dover Corporation (US),
• Shenzhen Sanyi Technology Co., Ltd. (China) are some of the key players in the Large Format Printer Market. Product launches and developments have been the most dominating strategy adopted by the key players from 2020 to 2023 to help them broaden their customer base.  

To know about the assumptions considered for the study download the pdf brochure

HP Development Company, L.P.

HP Development Company, L.P. is a prominent provider of various hardware components, including laptops, desktops, printers, and scanners. Additionally, HP offers various software solutions and related services. The company’s operations are divided into two primary segments: Personal Systems and Printing. HP is a globally recognized leader in the personal computing industry, offering a variety of access devices. In its Printing segment, HP provides comprehensive solutions for large-format printing. The company serves a diverse customer base spanning various sectors, including government, healthcare, education, manufacturing, and consumer electronics. HP’s products and services cater to individual customers and small and large-scale industries. Under its Printing business segment, HP delivers LaserJet and enterprise solutions, inkjet and printing solutions, graphics solutions, printing solutions, and 3D printing solutions.

Canon Inc.

Canon is a prominent manufacturer in imaging products, serving both business and consumer markets. Their diverse product lineup includes printers, scanners, binoculars, and a wide array of digital compact and single-lens reflex (SLR) cameras. Canon's operational structure encompasses five key segments: Printing, Imaging, Medical, Industrial and Others, and Corporate. Canon specializes in the production of large format printers tailored for various applications, including graphics, drawings, and computer-aided design (CAD). These printers typically have a width ranging from 17” to 44”. In addition to their hardware solutions, Canon also provides software tools designed to unlock the full potential of their large format printers. Canon operates through several subsidiary companies worldwide, including Canon Chemicals in Japan, Miyazaki Daishin Canon in Japan, Canon Giessen in Germany, Canon Electronics in Malaysia and Japan, and Canon System & Support in Japan.

Seiko Epson Corporation

Seiko Epson is engaged in developing, manufacturing, and distributing a wide range of products and services associated with printing, visual communication, wearables, and various other industries. The company is structured into three primary segments: Printing Solutions, Visual Communications, Manufacturing-related, and wearables. Within the Printing Solutions segment, Seiko Epson offers printers, professional printing services globally, and associated services. In professional printing, the company provides large format inkjet printers, industrial inkjet printing systems, printers tailored for Point of Sale (EPS) systems, label printers, and related solutions.

Brother Industries, Ltd

Brother Industries, Ltd., a multinational corporation headquartered in Nagoya, Japan, is known for its expertise in producing various electronic and electrical equipment. The company’s product lineup includes printers, multifunction printers, desktop computers, consumer and industrial sewing machines, large machine tools, label printers, typewriters, fax machines, and other computer-related electronic devices. Brother offers its products under its brand and through original equipment manufacturer (OEM) collaborations with other companies.

MIMAKI ENGINEERING CO., LTD.

Mimaki Engineering, a Japanese company, is a leading manufacturer and seller of large format printers, inkjet printers, cutting plotters, and more. It has a rich history as an innovator and pioneer in developing digital printers and cutting solutions. Their product range includes inkjet printers, cutting plotters, modeling plotters, 3D printers, and professional multicolor profile creation software. The company operates across several main business segments, including Machines, Inks, Spare parts, etc. Within its Industrial Inkjet Printer business, Mimaki Engineering has further divided its offerings into three categories: Sign Graphics (SG), Industrial Products, and Textiles and apparel (TA). The Sign Graphics (SG) segment focuses on inkjet printers in applications like advertisements and signboards. The Industrial Products segment provides inkjet printers for decorating industrial products and parts, while the Textiles and apparel (TA) segment specializes in inkjet printers for fabric and clothing printing.

Related Reports:

Large Format Printer Market by Offering, Connectivity, Printing Material (Porous, Non-porous), Technology (Ink-based, Toner-based), Print Width, Ink Type, Application (Apparel & Textile, Signage & Advertising, Decor) and Region – Forecast to 2028

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Mr. Aashish Mehra
MarketsandMarkets™ INC.
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