The report forecasts the global inkjet heads market to grow at a CAGR of 3.63% during the period 2016-2020.
Growing demand for digital printing will be a key trend for market growth. The growing replacement of traditional printing methods with digital printing has helped the market to a considerable extent. The only major difference between digital printing and traditional printing methods such as lithography, flexography, gravure, or letterpress is the need to replace printing plates. In digital printing, plates have to be repeatedly replaced in traditional printing. This results in quicker turnaround time and lowers the cost of digital printing. Digital printing also provides customers, especially publishers, with more flexibility, greater inventory turnover, and higher profitability.
According to the report, increase in outdoor advertising and promotional activities will be a key driver for market growth. Nowadays, companies spend a significant amount of money on advertisements and promotions to create product awareness among their target audience. Companies are advertising their products using billboards (especially 3D billboards), pamphlets, and brochures. Such advertisements use print media, which are created using different kinds of printers available in the printer market.
Also, there are a number of event management companies, which are promoting a number of brands across the globe. The events organized by these companies involve a lot of printed material such as banners, and posters. Thus, this increase in outdoor advertising and promotional activities will contribute significantly to the global inkjet heads market during the forecast period.
- Konica Minolta
- Toshiba TEC
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Industry overview
PART 06: Market landscape
PART 07: Market segmentation by technology
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Buying behavior
PART 16: Vendor landscape
For more information about this report visit http://www.researchandmarkets.com/research/tqdbwq/global_inkjet
Research and Markets
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SOURCE Research and Markets