-based on an article from www.european-coatings.com, 01/25/2012
A recent market analysis by InfoTrends reveals that wide format UV-curable inkjet printers and supplies is expected to grow from USD 1.42 billion in 2010 to USD 3.04 billion in 2015 for a five-year compound annual growth rate (CAGR) of 16.4%.
While wide format UV-curable inkjet market is a small market, it is the most competitive within the wide format UV-curable inkjet market. "We're finding that dozens of global and regional competitors in the wide format UV-curable inkjet hardware market are being drawn to this segment based on high production volumes and attractive hardware profit margins," according to Tim Greene, Director of InfoTrends Wide Format Service. Thus, it is expected that this market will play a pivotal role in the wide format digital graphics market.