[181 Pages Report] The large format printer market is expected to grow from USD 8.37 Billion in 2016 to USD 10.59 Billion by 2023, at a CAGR of 4.00% during the forecast period. This report provides the market size and future growth potential of the large format printer market across different segments such as offering, printing technology, print width, ink type, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges for the large format printer market. This report also profiles the key players operating in the large format printer market. The base year considered for the study is 2016, and the market size forecast is provided for the period between 2017 and 2023.

This report covers the large format printer market based on offering, printing technology, print width, ink type, application, and geography. The market for large format printers with a print width ranging from 44” to 60” is expected to lead the market between 2017 and 2023. These printers are well-suited for high-quality indoor and outdoor applications. The other applications of these printers include PoP/PoS exhibition, event graphics, exterior signage, and floor graphics.

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The market for UV-cured ink-based large format printers is expected to grow at the highest rate between 2017 and 2023. UV-cured ink primarily consists of acrylic monomers with a photo initiator. The main advantage of UV-cured ink is that it dries quickly as soon as it is cured, and after that, it can be applied to a wide range of substrates; it produces a robust image regardless of the type of substrate.

The large format printer market in APAC is expected to grow at the highest rate between 2017 and 2023. APAC is the fastest-growing economy among all the regions. APAC accounts for a major share of the overall large format printer market. Most leading providers of large format printers are in this region. The markets in Asia, especially in India, Japan, and China, are more likely to lead the large format printer market in the coming years in terms of adaptability and market size.

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