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Printhead Module Market Outlook – 2027
Printhead module is a part of a printer that transfers data or images onto media such as paper. It is powered by a precision stepper motor so that tooth belt can be moved and thus printhead module transfers ink onto the paper or fabric drop by drop. The toothed belt that runs back and forth line wise helps in bringing ink on to the media while drawing through the printer by using a roller. Thus, they find their applications in fabric and paper printing, labels, and packaging in industries such as textiles, logistics and transportation. Innovations in printer technologies pave way for printhead modules.
The global printhead module market is segmented on the basis of type, application, end user, and region. Based on type, the printhead module market is divided intoinkjet, thermal transfer, and electrophotographic. In terms of application, the market is categorized into fabric printing, labels & packaging, sign graphics, 3d printing, and others. On the basis of end user, the market is divided into textiles, offices, logistics & transportation, e-commerce, banking, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global printhead module industry include Canon, HP, EPSON, Bosch, Cell ink, IBM, Mitsubishi Materials, ROHM Semiconductors, Samsung, STMicroelectronics, and Others. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global market.
Top Impacting Factors
Surge in applications in advanced & portable printers, demand for printheads in MSME sector for its compact size, reliability, compatibility, and rise in adoption in e-commerce are the factors that drive the global printhead module market growth. However, varying raw material prices of components such as cartridges hinder the market growth. Contrarily, investments in logistics and transportation new and advanced products provide new pathways for the global market.
New Product Launches to Flourish the Market
Ricoh launched an industrial inkjet printhead RICOH MH5320/5340 TYPE A in 2019. It is the higher model of RICOH MH5420/5440 having features such as minimized 5 pl size droplet & better jetting accuracy, which helps in providing high quality print. In addition, maximum frequency of greyscale being 50kHz, increased its productivity.Therefore, this new product flourished the market, owing to improved durability, compatibility, and service life.
Surge in Use in Textiles and Sign Graphics
There is an increase on demand in the industrial printing market for textiles and sign graphics. This is attributed to the need to meet variety of customer demands such as shorter delivery time and smaller lot sizes. Thus, leading to increase in demand for printhead modules due to rapid digitization of industrial printing, which further enhances greater flexibility and higher productivity due to high resolution printing.
Key Benefits of the Report
COVID-19 Scenario Analysis
Questions Answered in the Printhead ModuleMarket Research Report
Printhead Module Market Report Highlights
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Key Market Players | Rohm Semiconductor, Mitsubishi Materials Corporation, Seiko Epson Corporation, Robert Bosch GmbH, STMicroelectronics, Canon Inc., Bico Group, IBM Corporation, Samsung Electronics Co., Ltd., Hewlett Packard Development Company, L.P. |
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