(Weymouth, MA) August 09, 2005 -- Total worldwide wide format UV-curable inkjet system revenues are expected to reach $1.1 billion in 2009. The market is growing rapidly in response to the demand for productive, environmentally-friendly printing systems that produce short-run wide format digital graphics. InfoTrends/CAP Ventures expects faster, more productive low-end systems and roll-fed mid-range systems to be developed and introduced over the next five years, driving higher adoption rates.
InfoTrends/CAP Ventures’ new forecast entitled Wide Format UV-Curable Inkjet Printer and Supplies Market Forecast: 2004-2009 takes a global look at the wide format UV-curable inkjet printing systems market and projects annual shipments, installed base, average selling prices, and system revenues for this emerging technology.
“Our worldwide projections for wide format UV-curable inkjet systems show the early stages of a very exciting technology,” commented Tim Greene, a Director at InfoTrends/CAP Ventures. “Despite this positive outlook, however, there are risks to consider.”
There are several factors that could interfere with the growth of the wide format UV-curable inkjet market, including aggressive hardware competition that could fuel steep hardware price declines, third-party UV-curable ink suppliers cutting into hardware supplier revenue streams, technical problems that would stall market growth, and the possible drying up of potential target markets.
“We expect the competition for the growing and ongoing ink revenue stream to be a major battlefront in the market for years to come,” continued Mr. Greene.
The forecast is available immediately to clients of InfoTrends/CAP Ventures’ Visual Communication Technologies Consulting Service. For more information about the report or to make a purchase, visit our online store or contact Alison Hipp at (781) 616-2100, ext. 126 or [email protected]