Lyra Research Publishes Two Reports on Wide-Format Printing Market
Lyra Research has released two new reports that cover the UV-curable and LED segments of the wide-format printing market. The two wide-format market reports—Wide-Format UV-Curable Hardware and Ink: Outlook and Worldwide Forecast, 2006–2013and the Wide-Format LED Hardware, Toner, and Media: Outlook and Worldwide Forecast, 2006–2013 are based on key findings from Lyra’s Wide-Format Printing Industry Advisory Service (WFS) 2009 forecast.
Wide-Format UV-Curable Hardware and Ink: Outlook and Worldwide Forecast, 2006–2013 examines how the worldwide recession has battered the wide-format UV-curable printer market. The economy’s impact on the advertising and signage markets, the scarcity of outside financing for print servicer providers (PSPs) to acquire new commercial printers and the lack of requirements for increased production capacity among PSPs caused sales to plunge in 2009. Despite these setbacks, printer sales for this segment are expected to climb in the long run. Because UV-curable technology can print on flexible substrates and because it is more environmentally friendly than other types of wide-format technology, long-term prospects remain bright for most manufacturers in this market.
In the report, Lyra forecasts that vendors will continue to ship UV-curable printers at a rapid pace over the next few years. In 2013, a total of nearly 4,000 UV-curable printers will be shipped worldwide, achieving a compound annual growth rate (CAGR) of 10 percent between 2008 and 2013 (see figure). Nonetheless, Lyra has lowered its hardware and ink shipment estimates in this segment for the forecast period from 2009 to 2013. The report covers three segments of the wide-format UV-curable market—low-end, mid-range and high-end. It includes shipments, revenue and average sales prices for hardware and ink and breaks down the data by region: North America; Latin America; Europe, the Middle East, and Africa (EMEA); and Asia Pacific.
Wide-Format LED Hardware, Toner, and Media: Outlook and Worldwide Forecast, 2006–2013 discusses the current transformation of the wide-format LED segment, the cloud of uncertainty that surrounds this market and its outlook for the future. Wide-format LED sales are plummeting as a result of hardware overcapacity, changes in business and the effect of the recession on the architecture, engineering and construction (AEC) industries. Lyra believes that once the current economic downturn has ended, this segment will be radically different. The influence of building information modeling (BIM), the accelerated adoption of electronic archiving and distribution tools, and reprographers turning their focus toward document-management outsourcing are signs of the industry’s future.
Specifically, the report examines three segments of the wide-format LED printer market—low-end, mid-range and high-end. It covers hardware, toner and media and breaks down the data by region: North America, Latin America, EMEA and Asia Pacific.
The two wide-format market reports are available for immediate purchase. For more informationcontact Sandy Tobin at 617-454-2612; e-mail: firstname.lastname@example.org; or visit their online store at www.lyra.com.