Inkjet Printhead Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022 – 2027) – Yahoo Finance

The inkjet printhead market is estimated to be valued at USD 2,652. 9 million in the current year, and the market is expected to reach USD 3,376. 3 million by the next five years, registering a CAGR of 4.
New York, Dec. 15, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Inkjet Printhead Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022 – 2027)” – https://www.reportlinker.com/p06373324/?utm_source=GNW
94%. The market size reflects the value of inkjet printheads across the end-user industries and is computed in the real term. Inkjet printhead products that are MEMS-based or conventional and operated with either drop-on-demand (thermal or piezo-based) or continuous technology processes are considered under the scope of the market studied.

Key Highlights
Bulk PZT or conventional PZT printing has been a turning point for substrate printing in the industrial sector, wherein high dots per inch (dpi) is secondary compared to high-volume. Inkjet printhead technology has made its way into ceramic tiles and functional printing. In addition, as thin-film and bulk PZT printheads do not directly interact with the substrate, these technologies have increased significantly in textiles and label printing.
The rising demand for inkjet printers from the commercial sectors is fueling the global market expansion. Piezoelectric inkjet printheads are used in the commercial sector for various purposes. Additionally, the global market for piezoelectric inkjet print heads is expanding due to the rapid improvements in inkjet printing technology. The major players in the market include Epson, Konica Minolta, Kyocera, Ricoh, and Canon, among others.
Market participants are concentrating on R&D investments to advance this technology by lowering costs and boosting efficiency. For instance, Epson created high-quality, uniformly oriented sintered ceramic crystals using its specialized crystallization technology. Using this technology, the company developed a method for creating piezoelectric crystal films that are just one micron thick. Due to the uniform crystal structure of these thin-film piezoelectric components, they can produce a significant and consistent displacement. These piezoelectric actuators have a significantly higher nozzle density and maximize the ink output from tiny printheads.
The global market for industrial inkjet printheads is predicted to experience growth during the forecast period due to an increase in the use of these printers for printing on packaging material. Inline printing of batch data and codes is frequently done during the packaging process with inkjet printers. The problems typically brought on by contact printing techniques like embossing, such as blurry or missing prints, as well as holes in films, are eliminated with these printers. Labels, foils, packaging, leaflets, and cartons are just a few digital printing applications that use industrial inkjet printers. However, high cost is expected to restrain the players from introducing it for bulk production.
Demand for commercial printing reduced during the COVID-19 outbreak. Many events were canceled, which led to lower demand for promotional materials. Many organizations also moved to remote working, which boosted the trend toward paperless operations. Advertisers emphasized digital over physical media as consumers started using online media. All these factors significantly affected the market studied during the pandemic. One of the biggest operational challenges for the printing industry is finding skilled production workers. Moreover, many skilled workers would retire in the next five to 10 years. Due to this and the need for faster and more accurate printing operations, automation has kept pace in the printing market post-COVID-19 working conditions. As a result, the inkjet printing market is witnessing increased demand.

Key Market Trends

Office and Consumer-based End-user Type Segment Holds Largest Market Share

While inkjet printing is not new, its usage continues to increase as innovations in technology drive the changing role of print in communication, owing to personalization, integration, interactive/mobile, and the realities of diversification. Commercial printing has been popular since the invention of the printing press. Technological proliferation and rising applications in offices and personal space are anticipated to increase the demand for inkjet printheads globally. In addition to using inkjet printers in commercial printing businesses to create high-quality brochures, flyers, and other materials, these printers are typically used in homes and small offices.
Moreover, multifunctional printers are frequently used in business offices and educational settings, such as colleges and schools. The demand for multifunctional printers at educational institutions has increased due to the versatility of these printers in terms of copying, printing, managing paper, scanning, and faxing. Additionally, several multifunctional inkjet printers offer connectivity options for Wi-Fi, LCD screens, USB, touch, and Bluetooth, improving their usability and control. The use of multifunctional inkjet printers over single functional inkjet printers has increased because of the cost-effectiveness of these printers combined with the low variants. According to Datanyze, in 2022, Epson Printers led the global office hardware technology industry with a market share of 7.6%.
During the COVID-19 outbreak, demand for business printing fell. Additionally, many businesses adopted remote working, which accelerated the trend toward paperless operations. There was an opportunity in the home segment as opposed to the office segment because of the protracted shutdown of businesses brought on by the COVID-19 pandemic. Information technology (IT) companies provided incentives for employees to set up home offices. This was advantageous for the consumer-based inkjet printing market.
Additionally, digital printing technology, such as production inkjet, offers high-quality print-on-demand books comparable to offset and other traditional printing processes used today. With an array of high-speed, high-quality commercial inkjet printers, workflow solutions, and finishing options, book printers can help increase efficiency and print quality and keep costs down. Production inkjet technology is suitable for delivering cost-effective production for short to medium run lengths due to its flexibility, high speed, low waste, and low running costs.
Canon USA Inc., a pioneer in digital imaging solutions, unveiled the new MAXIFY GX7020X inkjet printer. It uses a high-volume continuous ink delivery system that can assist lower ink costs by utilizing high-volume ink bottles. With this technological advancement, end users could engage with a single dealer to meet their organizational demands as they seek hybrid work solutions to suit a staff that works both in-office and from home.

Asia-Pacific is Expected to be the Fastest-growing Market

Throughout the forecast period, the Asia-Pacific inkjet printhead market is anticipated to grow significantly. The enormous prospects based on low labor and manufacturing costs are responsible for the rise, making Asia-Pacific a popular site for establishing production facilities to manufacture inkjet printheads.
The Asia-Pacific region has overtaken the rest of the world as the largest market for printing ink, driven by China, India, and several other rapidly developing nations. On the other hand, the region is home to many of the largest international ink makers. DIC, Sakata INX, Toyo Ink, and T&K Toka have significant operations in Japan, similar to other major players.
Additionally, China is a major supplier of innovative chemicals, such as ink and solvent components, which are needed as input materials in printing processes and are, therefore, a source of supply for many European printing enterprises. Additionally, the growing investment made in producing these printers by smartphone manufacturers is a key element driving the market in this region.
In October 2022, Epson stated that it would spend JPY 3.5 billion building a new plant at the headquarters of its Japanese parent company, Akita Epson. Inkjet printheads, the essential components of inkjet printers, would be created and assembled in the new factory. The investment strategy would ensure Epson has sufficient production space to accommodate the anticipated future expansion in demand. Increasing the supply of inkjet printers with cutting-edge PrecisionCore MicroTFP printheads would also allow Epson to increase printhead sales to third parties and boost its product selection.
To address the needs of India’s printer manufacturers, the trajectory of the country’s digital print industry and the size and growth potential of the local economy call for a new focus. For instance, in October last year, Ricoh announced a substantial move to expand its assistance for inkjet printer OEMs and integrators while bolstering its supply of industrial inkjet printheads to the Indian market. To meet the domestic demand for industrial printers and expertise before India’s projected position as an active exporter, Ricoh has partnered with 360DPI; a local creative company founded less than two years ago. 360DPI makes all Ricoh printheads available to OEMs in India, Bangladesh, Pakistan, and Sri Lanka by offering thorough help with printer engineering and printhead capabilities, selection, and integration. These are all connected and supplied by Ricoh directly.

Competitive Landscape

The inkjet printhead market is highly fragmented due to the presence of global players and small and medium-sized enterprises. The competition results in increased innovation to grab the market opportunity to gain the maximum possible market share. The major players in the market, like Ricoh Group, FUJIFILM Holdings Corporation, Canon, Konica Minolta Inc., and Xaar PLC, are adopting strategies such as partnerships, innovations, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

November 2022: Kao Collins and FUJIFILM Integrated Inkjet Solutions partnered to strengthen inkjet imprinting solutions for the commercial imprinting sector. Customers are likely to benefit from improved service choices and increased parts availability for inkjet print system hardware through the combined efforts of Fujifilm and Kao Collins.
March 2022: Ricoh Company Ltd released three newly developed industrial-grade inkjet printheads, RICOH MH5422, RICOH MH5442, and RICOH MH5422 Type A, which can be used as essential components in digital printing systems. The new printheads use Ricoh’s high-precision technology to deliver outstanding picture quality and productivity. They have increased endurance due to better nozzle surface abrasion resistance and a wide range of ink compatibility. Ricoh has also increased system compatibility using different cables and high-precision surface alignment characteristics.

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support
Read the full report: https://www.reportlinker.com/p06373324/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

__________________________

Yahoo Finance Live checks out shares of Netflix and Verizon after their partnership to expand the service provider's streaming footprint.
High inflation and rising interest rates have eroded confidence in the economy, triggering a sweeping downturn in the stock market. In fact, the Nasdaq Composite has suffered its worst sell-off in the last 10 years, sending the tech-heavy index deep into bear market territory. The current situation represents a once-in-a-decade buying opportunity, and excellent stocks like Nvidia (NASDAQ: NVDA) and Atlassian (NASDAQ: TEAM) are trading at a fraction of their historical valuations.
A weeklong shutdown has reduced flows of Canadian crude, adding to costs for Gulf Coast refiners and weighing on U.S. oil reserves.
When spending on the war in Ukraine is squeezing funds for health and education, Putin promised Russians in a major televised speech on the economy that pensions and the minimum wage would keep rising. He said Russia would develop its economic relations with partners in Asia, Africa and Latin America to thwart Western efforts to isolate it economically. Let me remind you that by introducing sanctions, Western countries were trying to push Russia to the periphery of world development.
The tech industry's troubles will follow it into the new year.
For years, financial experts have suggested a target retirement savings goal of $1 million. But when you consider things like inflation, the rising cost of healthcare and longer life expectancies, that amount of money may not go as far as … Continue reading → The post How to Retire With $2 Million appeared first on SmartAsset Blog.
Southwest Gas Holdings Inc. said Thursday it has agreed to sell its MountainWest Pipelines business to Williams Cos. for $1.5 billion in cash. The company has also decided to spin off its Centuri unit to form a new independent publicly traded utility infrastructure services company. The moves are part of a strategy of simplifying Southwest Gas' corporate structure, the company said in a statement. The sale is expected to close in 2023. "After carefully evaluating all available alternatives, we a
In the 24 hours through Tuesday, investors withdrew assets from the exchange at the fastest rate in months.
The past year was sobering for investors who poured money into Tesla Inc and rival electric vehicle startups that hoped to emulate Tesla CEO Elon Musk's success. Rivian Automotive Inc, which had a higher market value than Ford Motor Co shortly after it went public in 2021, lost more than 70% of its value over the past year. Electric van maker Arrival warned it could run out of cash in less than a year.
Tesla's (NASDAQ: TSLA) stock price is falling for several reasons, including rising competition. In response, Tesla could make this major announcement in 2023. If you're interested in Tesla stock, you don't want to miss this video.
Publicly traded exercise machine startup Peloton is closing its North Bay showroom in Corte Madera, according to a recent layoff notice. New York-based Peloton Interactive Inc. (NYSE: PTON) said it plans to close the location at 1614 Redwood Highway in the Village at Corte Madera shopping center and another in Pasadena. The company will still have a sizable Bay Area presence, though the retail operations will be more concentrated in the South Bay.
Apple (NASDAQ: AAPL) is one of the best-known companies and stocks in the world. Apple's stock price has fallen 18% since the beginning of the year. Here are three things about Apple that smart investors know.
Humira, a monoclonal antibody used to treat arthritis among other conditions, is the most lucrative drug in history. Since entering the market in 2003, it has made its manufacturer an estimated $200 billion in revenue. Its sales of about $21 billion globally in 2021 are second only to Pfizer and Moderna’s covid vaccines.
The November numbers for food service and drinking establishments and for grocery stores were solid, which should benefit some of our stocks.
In a year when the stock and bond markets have been down sharply and inflation has been painfully high, it’s been a scary time for retirees who are trying to make their money last and near-retirees worrying about it. The key, says longtime retirement-income and Social Security analyst James Mahaney: putting together what he calls a “resilient retirement income plan.”
Data science fuels Macy's modern department store ambition, says CFO Adrian V. Mitchell.
When I was in my 20s, I was lucky to work for a company that offered a pension plan—and that put me on the road to retirement. How can you ensure a comfortable retirement? As I mentioned in an earlier article, a Fidelity Investments study found that if you save 15% of your gross income every year from age 25 through 67, and you also receive Social Security, that should ensure you have enough to maintain your current standard of living once you retire.
The hundreds of Russian drones hovering ominously over the Ukrainian battlefield owe their existence to an elastic, sanctions-evading supply chain that often runs through a shabby office above a Hong Kong marketplace, and sometimes through a yellow stucco home in suburban Florida. The "Sea Eagle" Orlan 10 UAV is a deceptive, relatively low-tech and cheap killer that has directed many of the up to 20,000 artillery shells that Russia has fired daily on Ukrainian positions in 2022, killing up to 100 soldiers per day, according to Ukrainian commanders. An investigation by Reuters and iStories, a Russian media outlet, in collaboration with the Royal United Services Institute, a defence think tank in London, has uncovered a logistical trail that spans the globe and ends at the Orlan's production line, the Special Technology Centre in St. Petersburg, Russia.
Nokia (NOK) will offer its AVA Analytics software to BT for real-time insights and ad-hoc reporting to enable intelligent and automated decision-making process.
(Reuters) -Canada's TC Energy Corp is resuming operations in a section of its Keystone pipeline a week after a leak of more than 14,000 barrels of oil in rural Kansas triggered the whole pipe's shutdown. "This restart facilitates safe transportation of the energy that customers and North Americans rely on and extends from Hardisty, Alberta, to Wood River/Patoka, Illinois," TC Energy said. The 622,000 barrels per day (bpd) pipe has been shut since Dec. 7, when the leak was discovered.

source