Large Format Printer Shipments Down Through the First Half of 2019
Large format printer shipments declined in the second quarter of 2019 (2Q19), continuing the decline from the first quarter of the year, according to IDC.
"The market has been soft overall as some of the new technology expected to drive investment in large format printing equipment on a worldwide basis has been delayed," said Tim Greene, research director, U.S. Large Format Printer Tracker.
"We're seeing softer than expected shipments in some of the regions and in some of the technologies where we've seen growth in prior quarters. Better than expected eco-solvent and UV inkjet shipments were not enough to offset shrinking sales of some aqueous and toner-based large format printers."
Modest shipment growth in Western Europe was offset by significant declines in North America and the Asia/Pacific region. Japan was essentially flat compared to the first half of 2018 while the Central & Eastern Europe (CEE), Middle East & Africa (MEA), and Latin American regions all showed very modest declines.
There was no movement among the top five large format printer companies in terms of shipments with HP, Canon, Epson, Mimaki, and Roland all maintaining their positions on a worldwide basis. HP leads the large format CAD/technical market, which has been soft in terms of shipments through the first half of the year, but it has seen a slowdown in the growth of its Latex printers. Canon is a strong player in the CAD/technical market as well through its imagePROGRAF and the Oce line of technical printers.
Epson is a leader in the dye-sublimation segment as well as on the low-end of the aqueous inkjet market. Mimaki continues to grow its portfolio with strong offerings in the dye-sublimation and UV markets to replace some of the share of the eco-solvent segment. Roland is a leader in large format eco-solvent and has expanded its portfolio with more UV, dye-sublimation, and DTG products.
Worldwide Large Format Printer Shipments and Value Share, Q2 2019
Share of 2Q19 Value