Research on Global Inkjet Heads Market 2016-2020 adds on RnRMarketResearch.com. This report covers the present scenario and the growth prospects of the global inkjet heads market for 2016-2020. To calculate the market size, This report covers the shipment of inkjet heads worldwide.
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This analyst forecast the global inkjet heads market to grow at a CAGR of 3.63% during the period 2016-2020. Inkjet print heads are integrated into printers for prints such as black and white print, color print, and digital imaging. There are two types of printers impact printers and non-impact printers. Impact printers such as dot matrix printers use an impact to produce text and images on paper. They use print heads that strike the surface of ink ribbons, pressing these ribbons against the paper. Non-impact printers such as inkjet and laser printers produce text and images on paper without mechanical impact on the paper.
The market is divided into the following segments based on geography:
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Commenting on the report, an analyst said: “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.
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Further, the report states that increasing green initiatives by governments of developing countries will be a challenge for the market. The market is seeing increasing green initiatives by governments, especially in developing and emerging nations. For instance, the Indian government has taken an initiative to save paper in the railways sector. Similarly, in airports, passengers are allowed to just flash their e-mail containing the ticket on their mobile devices such as smartphones, tablets, and phablets instead of a printout. Furthermore, in India, the majority of the entrance examinations for courses such as BS, MBA, and MS have evolved from paper-based examinations to online examinations.