Lightwords Imaging, a digital imaging market research, analysis and consulting agency specialising in wide format ink jet printing is excited to announce the release of their new market forecasts for the wide format ink jet industry.
Lightwords leveraged its primary research based, proprietary methodologies combined with verified, vendor shipment data to develop a highly accurate view of today’s wide format ink jet market and its trends through 2018.
The forecast indicates strong revenue growth of wide format ink jet hardware and supplies for Aqueous CAD, Textile, Latex and UV-Curable markets. In total, Lightwords forecasts the worldwide wide format digital ink jet market to grow at a compound annual growth rate of 10% for the period 2015-2018, a market that will exceed $24 bn in 2018.
However, the Aqueous Graphics and Solvent ink jet markets are coming under pressure from Latex and UV-Curable technologies as service providers retire older wide format printers and invest in new ink jet technologies at an increasing rate.
Peter Mayhew, Managing Director of Lightwords Ltd said, “It’s exciting times for the entire wide format ink jet supply chain. From manufacturers to service providers, there are some very profitable opportunities emerging for those willing and able to diversify into new markets.”
Lightwords focuses on seven key graphics applications at the core of the wide format market allowing Lightwords Imaging to provide a unique perspective of the wide format ink jet market. The seven applications (textiles, technical/CAD, point of sale/purchase, mass marketing/out-of-home, event graphics, directional signage and decorative graphics) represent a strong cross section of the wide format ink jet market, representing applications on the leading edge of the analog to digital production crossover and most likely to be impacted by digital trends.
“Anyone with a business interest in the wide format ink jet market needs to understand how the applications that are driving demand, are affected by new technology. Our market forecasts and market specific series of reports, available separately or through our syndicated Graphic Applications Service, will help anyone involved in wide format inkjet business identify where the profitable market niches can be found.” says Peter Mayhew.
Lightwords Imaging has published six new reports about the wide format ink jet market. Each report examines the market status and future trends for a different wide format ink jet technology. The technologies examined include Aqueous CAD, Aqueous Graphics, Textile printing, Solvent, Latex and UV-Curable. Reports discuss the hardware, ink and media trends in detail, at a worldwide and regional level. The shipment, installation, price and revenue analysis contained within each report is supported by multiple charts and graphs.
Lightwords wide format ink jet market forecast is available in Microsoft Excel workbook format with over 150 tables and 40 charts detailing the worldwide and regional wide format hardware, media and ink markets.
The LightWords Graphics Applications Service contains quantitative media and hardware shipment and forecast information for the seven major application groups, with multiple sub-segment breakouts. Syndicate members benefit from insightful research reports discussing a broad range of topics, bespoke consultative briefings with LightWords analysts and ample opportunities to work with Lightwords to understand factors impacting their business.
Lightwords Imaging
www.lightwordsimaging.com
