The Global Market for MEMS InkJet Heads is Projected to Reach US$1.5 Billion by 2022
Emerging Applications and Technology Advancements
Drive the Global MEMS InkJet Heads Market, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive
analysis of industry segments, trends, growth drivers, market share, size and
demand forecasts on the global MEMS InkJet Heads market. The
global market for MEMS InkJet Heads is projected to reach US$1.5 billion by 2022,
driven by technology advancements targeted to improve functional and operational
efficiency, and growing demand from existing and emerging applications.
MEMS inkjet print heads
represent one of the most innovative and high-performance digital printing
technologies that have revolutionized the more than 500 years old world of
printing. Inkjet head is a part of a printer or dispensing system that applies
ink (creates a mark/image) on a specific surface/substrate. The print head is
the key feature of a printer that determines its operation, quality, print
speed, as well as cost of purchase. The category of inkjet printer, whether
thermal or piezoelectric, determines the shape of the droplets of ink. As a
superior alternative to traditional methods, MEMS inkjet heads with the help of
well-established silicon integrated circuit manufacturing technologies eliminate
direct contact between substrate and print head resulting in affordable and
cleaner printing on a broad range of media types. Supported by latest
advancements, inkjet printing has made it easier, cost-effective and faster to
produce full-color high-quality documents, photographs and fine art
reproductions. The algorithmic arrangement of fine drops of ink into millions
of patterns on the media results in photorealistic and breathtaking images with
high precision and intricate details. These and other benefits including improved
performance, reliability, flexibility, durability, nozzle density, drop
placement accuracy, output quality, and speed; and significant cost savings are
driving steady adoption of inkjet printing over conventional approaches of
printmaking that were expensive, large and messy.
Future growth in the
market will be driven by expanding applications and technology advancements
targeted at allowing greater freedom in ink chemistry, enabling printing on
various substrates, production of functional 3D structures as well as 2D images,
and towards developing the next generation of inkjet printers that can replace
the conventional methods of office laser printing, commercial
screen printing, and traditional analog presses. Major application areas of
inkjet printing that are expected to drive market expansion in the coming years
include high value commercial printing; creation of flexible printed
electronics; ultra-cost-sensitive textile, graphics and coding; and on-demand
response and scalable manufacturing addressing needs of new markets that demand
high levels of customization on short notice or on low scale. Nanotechnology
and electronics offer lucrative potential for MEMS inkjet heads in industrial
applications supported by their ability to save costs, efficiently use
materials and eliminate waste and create well-defined patterns on various
substrates.
As stated by the new
market research report on MEMS
InkJet Heads, the United States represents the largest market
worldwide, followed by Europe. Developed regions such as the US and Europe have
been at the forefront of developing and adopting MEMS inkjet printing
technologies. However, growth is likely to remain subdued in the coming years,
due to volatile economic environment and huge investments in MEMS product
development and R&D by emerging markets in Asia-Pacific, particularly
China. Another major factor responsible for the faster growth of Asia-Pacific
at a CAGR of 3.3% over the analysis period include increasing federal funding
in manufacturing companies, academic institutions, and science and research
centers in China.
Key players covered in the
report include Canon, Inc., Eastman Kodak Company, FUJIFILM Dimatix, Inc., HP
Inc., Konica Minolta, Inc., Kyocera Corporation, Memjet Technology, Ricoh
Printing Systems America, Inc., Seiko Epson Corp., SII Printek Inc., SICPA
Holding SA, Toshiba TEC Corporation, Trident Industrial Inkjet, and Xaar PLC,
among others.
The research report titled
“MEMS InkJet Heads: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides
a comprehensive review of market
trends, issues, drivers, mergers, acquisitions and other strategic industry
activities of global companies. The report provides market estimates and
projections for major geographic markets including the United States, Canada,
Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe),
Asia-Pacific (China, India, and Rest of Asia-Pacific), Middle East &
Africa, and Latin America (Brazil, and Rest of Latin America). End-use
categories analyzed in the report include Consumer and Industrial.
Global
Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights
Reserved.
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