(Weymouth, MA) October 04, 2005…Continuous improvements to aqueous inkjet printing supplies have led to widespread adoption of low-end systems for proofing, fine art, and photographic work. InfoTrends/CAP Ventures expects total unit shipments to increase from 192,000 in 2004 to 223,665 in 2009, demonstrating a CAGR of 3.1%.
The wide format aqueous inkjet segment maintains the largest installed base worldwide, which drives the largest supplies market. In fact, supplies represented 80% of the wide format aqueous inkjet market’s total revenue in 2004, and this percentage is expected to increase to 84% by 2009.
“Aqueous inkjet is probably the most flexible wide format printing technology on the market today, but it is a mature segment. We believe there are still growth opportunities, but taking advantage of them will require some technological advancements,” commented Tim Greene, a Director at InfoTrends/CAP Ventures. “On the technical side, a significantly faster engine that rivals low-end LED engines in terms of print speed and color capability is needed. On the graphics side, continued improvements in ease-of-use, image quality, and achievability will continue to drive growth in the low-end.”
InfoTrends/CAP Ventures’ Forecast entitled Worldwide Wide Format Aqueous Inkjet Market Forecast: 2004-2009 provides shipment and revenue forecast information on hardware, ink, and media in the aqueous inkjet hardware market. It provides actual numbers for 2004, and a forecast for 2005 through 2009. This Forecast also details the unit shipments and revenues for each area.
The Forecast is available immediately to clients of InfoTrends/CAP Ventures’ Visual Communications Technologies Consulting Service. To obtain 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]