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Home>Top 5 Vendors in the Global Production Printer Market - Technavio

Top 5 Vendors in the Global Production Printer Market - Technavio

Top 5 Vendors in the Global Production Printer Market - Technavio

10/03/2017

Top 5 Vendors in the Global Production Printer Market - Technavio

Technavio has announced the top five leading vendors in their recent global production printer market report until 2021. This research report also lists six other prominent vendors that are expected to impact the market during the forecast period.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171003006116/en/

Technavio has published a new report on the global production printer market from 2017-2021. (Graphi ...

Technavio has published a new report on the global production printer market from 2017-2021. (Graphic: Business Wire)

Production printers are used for volume printing, with a print speed of more than 60 pages per minute (PPM). These printers are used for commercial purposes such as printing books, manuals, marketing collaterals, packaging materials, and transactional documents. The global market is expected to witness an increase in the demand for production printers from various application segments such as packaging and publishing during the forecast period.

Competitive vendor landscape

The global production printer market is consolidated with a few players dominating the market space. Technavio has identified the following key vendors based on their product portfolio, geographical presence, marketing and distribution channels, revenue generation, and significant investments in R&D. The top 5 vendors contribute to around 97.83% of the market share in terms of unit shipment.

Raghu Raj Singh, an industry expert at Technavio for research on embedded systems, says, “Vendors consider joint ventures, partnerships, collaborations, and contracts as the preferred strategies to gain a better market share. Vendors with same goals have collaborated to form joint venture programs, to assist each other in achieving those goals. This helps them gain access to the technologies and services of their partner, which can facilitate them to achieve their objectives faster. For instance, in January 2017, Ricoh acquired Avanti Computer Systems. The acquisition was made to enhance the product portfolio of Ricoh in the global production printer market.”

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