According to the last Electrophotographic Printing Market Report by IMARC Groupentitled “Global Electrophotographic Printing Market Size, Share, Trends, Growth, Opportunities and Forecast 2022-2027“, it is expected to reach a value of US$2.92 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$3.99 billion by 2027, showing a CAGR by 5.44% in 2022-2027.
Electrophotographic printing, also known as xerography, is an imaging technique in which a digital file is printed onto paper through exposure, charging, developing, transferring, fusing, and cleaning processes . It consists of electrical or ionized charges to repel or collect particles from the areas to be printed and a photoreceptor, which is a cylinder coated with materials that become conductive when exposed to light. A toner containing pigments, resins, waxes and additives is attracted to the static charge portions and bonded to the fibers of the sheet using heat and pressure to achieve the final print. Electrophotographic printing finds many applications in faxes, lasers, copiers, digital and LED printers, advertising, packaging, etc.
To note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
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Electrophotographic Printing Market Trends and Drivers:
The increasing use of this technique in the commercial printing of magazines, newspapers, catalogs, books, advertising inserts, etc., is one of the major factors driving the electrophotographic printing market. In addition to this, the growing popularity of digital printing in homes and offices is further increasing the growth of the market.
Apart from this, the development of fusing devices and toner materials to reduce energy consumption is also catalyzing the global market. Additionally, the introduction of emission minimization and acoustic noise reduction technologies in electrophotographic printers acts as another significant growth driver.
Additionally, the launch of advanced product variants, such as Smart WelcomEyes, which use pyroelectric sensors, human detection, and facial recognition cameras to detect, identify, and recognize users for easy authentication, is expected to bolster the market. electrophotographic printing during the forecast. period.
|Market size value in 2021||US$2.92 billion|
|Market forecast in 2027||US$3.99 billion|
|Rate of growth||CAGR of 5.44% from 2022 to 2027|
|Base year for the estimate||2021|
2022-2027 Global Electrophotographic Printing Market Analysis and Segmentation:
The competitive landscape of the market has been studied in the report along with the detailed profiles of key players operating in the market.
Hp Inc., AB Graphic International Ltd., Anglia Labels, Associated Labels & Packaging, Canon Inc., Consolidated Labels, Eastman Kodak Company, EC Labels Ltd. and Flint Group.
The report has segmented the market based on type and application.
Breakdown by type:
• Monochrome printing
• Color printing
Breakdown by application:
• Commercial printing
• Stationery store
Breakdown by region:
• North America: (United States, Canada)
• Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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Main highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s Five Forces Analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we can provide it to you as part of the customization.
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