UV LED Printer Market : Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation

Global UV LED Printer Market Overview

UV LED printer refers to the inkjet printing methodology of hard underlying substance. These printers are generally used to print on various materials such as plastic, glass, textile and other materials. These printers are gaining traction in the product industry due to their fast printing and immediate drying features. Further, newly developed UV LED printers are offering advanced features such as accurate, high resolution, variable color per dot and printing on metal and ceramic tiles. 

Market Size and Forecast

Global UV LED printer market is expected to witness robust growth during the forecast period 2017-2024. The market of UV LED printer has builds an impregnable column in recent years and is expected to behold this positive growth in near future.

In the regional platform, Asia Pacific accounted for more than 60% market share in overall UV LED printer market in 2016. Asia Pacific is expected to dominate the overall UV LED printer market during the forecast period. Heavy adoption of UV LED printers from the mobile phone accessories manufacturers is expected to increase the demand for UV LED printers over the forecast period. Additionally, growing market of printed fashion accessories and mobile phone and cases is anticipated to supplement the growth of UV LED printer market in the Asia Pacific region. China is the major contributor to the growth of UV LED printer market. Moreover, China UV LED printer market is expected to grow at a significant pace owing to the high demand and export rate of printed materials from the country. Likewise, India & Thailand market is also expected to grow over the forecast period.

Europe UV LED printer is expected to witness modest growth during the forecast period. This sluggish growth of UV LED printer can be attributed to the declining demand for UV LED printers due the economic crisis in the region. Moreover, the import of printed goods from China is further restraining the growth of UV LED printer in the European region. Latin America UV LED printer market is projected to grow at a significant pace in the last few years of the forecast period on the account of the recovery and growth of printing industry in the region.

Market Segmentation

Our in-depth analysis segmented the global UV LED printer market in the following segments:

By Application

• Plastic Printing
• Metal Printing
• Ceramic Printing
• Wood Printing
• Glass Printing
• Others

By Price Range

• Premium
• Economy
• Low

By Ink System

• Cartridge System
• Bulk Tanks

By Region

Global UV LED printer market is further classified on the basis of region as follows:

• North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
• Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis
• Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis

Growth Drivers and Challenges

Wide scale application of UV LED printer such as acrylic printing, aluminum printing, mobile phone and cases printing, bottle printing, glass printing and other printings make it suitable for use in various industries. Further, UV LED printer has limitless possibilities and can print on everything. These factors are raising the penetration of UV LED printers in the various industries and driving the growth of the global UV LED printing market.

Technological advancements such as development of raised 3D printing and high quality printing is projected to bolster the growth of UV LED printer market globally in the next few years. Further, development of environment friendly and zero VOC content in the UV LED inks is anticipated to bolster the demand for UV LED printers globally.

In contrast, high cost of UV LED printers is the major factor restraining the growth of global UV LED printer market. Further, declining demand for UV LED printer in European Union due to the economic crisis is expected to negatively impact the growth of global UV LED printer market.

Key players

• Impression Technology
  • Company Overview
  • Key Product Offerings
  • Business Strategy
  • SWOT Analysis
  • Financials

• Roland DGA Corporation
• Shenzhen Maxcan Printing Machinery Equipment Co. Ltd.
• MeiTu Digital Indusrty Co., Ltd.
• Direct Color Systems
• Sun Innovations
• Gateway Technology Industry Co., Ltd.
• Axis Enterprises
• Techwin Technology Co., Ltd.
• YOTTA UV Printers

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The Global UV LED printer market is segmented as follows:

• By Price Range Market Size & Y-O-Y Growth Analysis
• By Application Market Size & Y-O-Y Growth Analysis
• By Ink System Market Size & Y-O-Y Growth Analysis
• By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment