Lyra Research has released two new reports that cover the UV-curable and LED segments of the wide-format printing market.
The two wide-format market reports—Wide-Format UV-Curable Hardware and Ink: Outlook and Worldwide Forecast, 2006–2013 and Wide-Format LED Hardware, Toner, and Media: Outlook and Worldwide Forecast, 2006–2013 are based on key findings from Lyra’s Wide-Format Printing Industry Advisory Service (WFS) 2009 forecast.
Newton, MA (PRWEB) April 12, 2010 -- Lyra Research, the digital imaging authority (www.lyra.com), has released two new reports that cover the UV-curable and LED segments of the wide-format printing market. The two wide-format market reports—Wide-Format UV-Curable Hardware and Ink: Outlook and Worldwide Forecast, 2006–2013 and Wide-Format LED Hardware, Toner, and Media: Outlook and Worldwide Forecast, 2006–2013—are based on key findings from Lyra’s Wide-Format Printing Industry Advisory Service (WFS) (http://www.lyra.com/lh3m.nsf/AdvisoryServices/WFPS) 2009 forecast.
Wide-Format UV-Curable Hardware and Ink: Outlook and Worldwide Forecast, 2006–2013 examines how the worldwide recession has battered the wide-format UV-curable printer market. The economy’s impact on the advertising and signage markets, the scarcity of outside financing for print servicer providers (PSPs) to acquire new commercial printers, and the lack of requirements for increased production capacity among PSPs caused sales to plunge in 2009. Despite these setbacks, printer sales for this segment are expected to climb in the long run. Because UV-curable technology can print on flexible substrates and because it is more environmentally friendly than other types of wide-format technology, long-term prospects remain bright for most manufacturers in this market.
In the report, Lyra forecasts that vendors will continue to ship UV-curable printers at a rapid pace over the next few years. In 2013, a total of nearly 4,000 UV-curable printers will be shipped worldwide, achieving a compound annual growth rate (CAGR) of 10 percent between 2008 and 2013 (see figure). Nonetheless, Lyra has lowered its hardware and ink shipment estimates in this segment for the forecast period from 2009 to 2013. The report covers three segments of the wide-format UV-curable market—low-end, midrange and high-end. It includes shipments, revenue, and average sales prices for hardware and ink and breaks down the data by region: North America; Latin America; Europe, the Middle East, and Africa (EMEA); and Asia Pacific. For more information on Wide-Format UV-Curable Hardware and Ink: Outlook and Worldwide Forecast, 2006–2013, please visit http://lyra.ecnext.com/coms2/summary_0290-1049_ITM.
Wide-Format LED Hardware, Toner, and Media: Outlook and Worldwide Forecast, 2006–2013 discusses the current transformation of the wide-format LED segment, the cloud of uncertainty that surrounds this market, and its outlook for the future. Wide-format LED sales are plummeting as a result of hardware overcapacity, changes in business, and the effect of the recession on the architecture, engineering, and construction (AEC) industries. Lyra believes that once the current economic downturn has ended that this segment will be radically different. The influence of building information modeling (BIM), the accelerated adoption of electronic archiving and distribution tools, and reprographers turning their focus toward document-management outsourcing are signs of the industry’s future.
Specifically, the report examines three segments of the wide-format LED printer market—low-end, midrange, and high-end. It covers hardware, toner, and media and breaks down the data by region: North America, Latin America, EMEA, and Asia Pacific. For more information on Wide-Format LED Hardware, Toner, and Media: Outlook and Worldwide Forecast, 2006–2013, please visit http://lyra.ecnext.com/coms2/summary_0290-1048_ITM.
“From an OEM standpoint, wide-format UV-curable ink jet technology has unlimited printing possibilities, and more opportunities and growth await manufacturers. The economic recession has caused a minor bump in the road for this segment of the wide-format market, but the future for the UV-curable segment is bright. As far as the wide-format LED printer segment is concerned, the economy is driving this mature market into a period of needed transformation. When the economic dust settles, the market will adjust and enter into a period of growth,” commented Adam Florek, research analyst for Lyra’s Wide-Format Printing Advisory Service.
Lyra Research
www.lyra.com
