Multi-functional Printer Market by Product (Color Multi-function Printer and Monochrome Multi-function Printer) and Technology (LED Multi-Function printer, Laser Multi-function Printer, and Inkjet multi-function printer): Global Opportunity Analysis and Industry Forecast, 2019–2026
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Jul 2020 |
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Printer is a device, which is used in many industries, offices, and homes since so long for their specific purpose. Industries are growing rapidly, not only growing but also bring lot of advancements in technology. Earlier printer had only feature i.e. Xerox, but now with the improvements; R&D has brought various features in one printer like Xerox, scan, print, and fax. Multi-functional printer is a multi- function device, which contains all the functions of multiple devices in one and makes convenient to users to access from one point i.e. provides centralized document distribution and production.
Multi-functional printer gives various advantages over conventional printers and provides additional features. Smart multi-functional printers are very user friendly and have touch functionality. Moreover, it allows user to access printers by their smart phones and tablets with the help of internet network or wireless connectivity. It combines home and office network directly and access much cloud-based document solutions because it optimizes the resources, security, reduces cost, and allows integration capabilities with other systems.
Factors such as capability of performing multitudinous functions like faxing, photocopying, printing, and scanning, and increasing usage in businesses sectors augment the multi-functional printer market growth. However, high cost of these devices can hinder the growth of multi-functional printer market. Furthermore, multi-function printers are also being installed in homes and SOHO (Small Office/Home Office) segments, as people feel the need for convenience with respect to scanning and printing.
Multi-functional printer market is segmented by product, technology, and region. Based on product, the market is bifurcated into color multi-function printer and monochrome multi-function printer. Based on technology market, is classified into LED multi-function printer, Laser multi-function printer, and Inkjet multi-function printer. Based on region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
Key players of multi-functional printer market are canon Inc., Dell, Xerox corporation, Brother Industries, Konica MinoIta business solutions, Ricoh company Ltd., KYOCERA corporation, Seiko Epson corporation, Hewlett Packard, and Eastman Kodak company.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global multi-functional printer market share from 2018 to 2026 to identify the prevailing market opportunities.
- The key countries in all the major regions are mapped based on their market share.
- Porter’s five forces analysis highlights the potency of the buyers and the suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis of the Multi-functional printer market segmentation assists in determining the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global multi-functional printer industry. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
KEY MULTI-FUNCTIONAL PRINTER MARKET SEGMENTS
By Product
- Color Multi-functional Printer
- Monochrome Multi-functional Printer
By Technology
- LED Multi-function Printer
- Laser Multi- function Printer
- Inkjet Multi-function Printer
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
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