Market Overview

Worldwide Large Format Printer Shipments Up Through the First Half of 2018, According to IDC

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Worldwide shipments of large format printers increased 4% year over year
while large format printer revenue grew 3% year over year in the second
quarter of 2018 (2Q18), according to the International Data Corporation (IDC)
Worldwide
Quarterly Large Format Printer Tracker
. For the first half of the
year, shipments are up 3.5% while revenue is up over 5% compared to the
first half of 2017.

"New solutions, capabilities, and technologies continue to drive
investment in large format printing equipment on a worldwide basis,"
said Tim
Greene
, research director, U.S. Large Format Printer Tracker. "While
some regions and technologies are maturing, we also see that
manufacturers and dealers are incentivizing new printer shipments with
discounts, bundles, and aggressive promotions.

"A recovery in technology categories like eco-solvent and toner-based
printers have run counter to some of the market trends over the past few
quarters to create a bit of a surprisingly strong second quarter,"
Greene added.

Regional Highlights

  • Nice growth in Latin America, which grew 14% (more than 2,000 units)
    compared to the first half of 2017.
  • The Asia/Pacific region (including Japan), already the biggest
    geographical market, grew 3.9% while Europe, the Middle East and
    Africa (EMEA) saw shipments grow 7.2% over the first half of 2017.
  • Shipments in North America were down by about 3.5% from 1H 2017.

Vendor Highlights

There was some movement among the top five large format printer
suppliers in terms of shipments with Mimaki overtaking Roland in the
second quarter of 2018 to capture the number 4 position worldwide. The
top five large format printer companies in 2Q18 were HP Inc, Canon-Oce,
Seiko Epson, Mimaki, and Roland DG.

  • HP extended its lead in the large format digital printer market
    with nearly 35% of worldwide shipments in 2Q18. HP saw nice growth in
    the CAD segment with new 24-inch wide models within the DesignJet
    T-series.
  • Canon maintained its number 2 position among large format
    printer manufacturers and grew its share of the total market to more
    than 22% of total shipments. The company saw a strong performance from
    its ImagePROGRAF CAD printers, especially the new TX-series.
  • Epson remained the number 3 large format printer supplier in
    terms of worldwide shipments with popular units including its
    eco-solvent and latest aqueous inkjet printers.
  • Mimaki overtook Roland as the number 4 supplier of large format
    printers worldwide in the second quarter as some of Mimaki's new
    models and new distribution partners are ramping up around the world.
  • Roland DG fell to the number 5 position in the worldwide large
    format printer market in 2Q18.
 
Worldwide Large Format Printer Shipments and Shipment Value
Share, Q2 2018

Companies

    2Q18 Shipment Unit Share     2Q18 Shipment Value Share
HP Inc     34.8%     21.4%
Canon-Oce     22.1%     13.6%
Epson     13.6%     8.2%
Mimaki     3.0%     7.8%
Roland     2.7%     4.6%
Others     23.8%     44.3%
Total     100.0%     100.0%
Source: IDC Worldwide Quarterly Large Format Printer Tracker, August
2018
 

In addition to the table above, a graphic illustrating worldwide
shipment unit and shipment value market share for each of the top 5
large format printer companies in the second quarter of 2018 is
available by viewing this
press release on IDC.com
.

Other Highlights

  • Large format UV and large format dye-sublimation inkjet printer
    shipments were both up by more than 1,000 units from Q2 2017.
  • Surprisingly, large format eco-solvent inkjet printer shipments were
    steady compared to the recent quarters while Latex printer shipments
    were slightly lower in 2Q18.

Notes:

  • IDC tracks A2-A0+ devices in the LFP market.
  • The LFP market includes single-function printers, as well as
    multifunctional systems (MFPs). Data for all vendors are reported for
    calendar periods.

About IDC Trackers
IDC
Tracker
products provide accurate and timely market size, vendor
share, and forecasts for hundreds of technology markets from more than
100 countries around the globe. Using proprietary tools and research
processes, IDC's Trackers are updated on a semiannual, quarterly, and
monthly basis. Tracker results are delivered to clients in user-friendly
excel deliverables and on-line query tools. The IDC Tracker Charts app
allows users to view data charts from the most recent IDC Tracker
products on their iPhone
and iPad.

About IDC
International Data Corporation (IDC) is the
premier global provider of market intelligence, advisory services, and
events for the information technology, telecommunications, and consumer
technology markets. IDC helps IT professionals, business executives, and
the investment community to make fact-based decisions on technology
purchases and business strategy. More than 1,000 IDC analysts provide
global, regional, and local expertise on technology and industry
opportunities and trends in over 110 countries. In 2014, IDC celebrates
its 50th anniversary of providing strategic insights to help clients
achieve their key business objectives. IDC is a subsidiary of IDG,
the world's leading technology media, research, and events company. You
can learn more about IDC by visiting www.idc.com.
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