Worldwide Large Format Printer Shipments up Slightly in Q1 2016, According to IDC

FRAMINGHAM, Mass.--()--The International Data Corporation (IDC) Worldwide Quarterly Large Format Printer Tracker indicated that global large format printer (LFP) shipments grew 1.2% year over year in Q1 2016 (1Q16) while hardware revenue grew by almost 7%.

"We see large format print service providers investing in new technologies that they can use to grow their businesses or drive efficiencies through their operation," said Tim Greene, research director, U.S. Large Format Printer Tracker. "Growth of single-pass large format printers in the CAD/technical segment and alternative ink technologies in the graphics business made up for declines in more mature market segments."

Segment Highlights

  • Shipments in the large format CAD/Technical printer market segment grew 1.6% year over year in 1Q16 while hardware revenue grew by 13.2%. The HP PageWide and KIP 800-series color printers drove much of that revenue growth.
  • On the large format graphics side total shipments grew by just 0.6% year over year in 1Q16 while revenue grew 2.8% over the same period. The durable graphics segment fueled that growth as shipments of large format printers that serve the durable graphics business grew by over 9.5% worldwide in 1Q16 versus 1Q15, continuing a trend from 2014 and 2015, and led by UV-curable inkjet, Latex, eco-solvent, and dye-sublimation inkjet printers.

Vendor Highlights

The top five suppliers worldwide in 2015 all kept their place in Q1 2016. The top five suppliers, in order were HP Inc, Canon (when combined with Oce), Seiko Epson, Roland DG, and Mimaki.

  • HP had nearly twice the total market share of any other vendor in the large format business overall due to its dominance in the large format CAD/technical and Latex segments.
  • Canon, when combined with Oce, grew its share of total large format printer shipments from 18.8% in 1Q15 to over 20% in 1Q16 to maintain its number two position worldwide.
  • Epson is transforming its large format printer product line, launching new eco-solvent printers in 4Q15 that have helped the company grow its share of large format printer revenue in 1Q16. However, the decline in the company's low-end aqueous inkjet printers have reduced shipment market share in 2016.
  • Roland DG was the fourth-ranked supplier of large format printers worldwide in terms of total shipments in Q1 2016, but remains the top supplier in the durable graphics printer segment.
  • Mimaki was the number five supplier of large format printers worldwide in 1Q16 and grew its shipments and share of the market with the launch of new printers in the UV, eco-solvent, and dye-sublimation printers in 4Q15 and 1Q16.
 

Worldwide Large Format Printer Shipments, Market Share, and Year-Over-Year Growth, Q1
2016 (shipments in thousands)

Vendors    

1Q16
Shipments
(K)

   

1Q16 Market
Share

   

1Q15
Shipments
(K)

   

1Q15 Market
Share

   

1Q16/1Q15
Growth

1. HP Inc 33.1 40.5% 33.7 41.7% -1.7%
2. Canon 16.7 20.4% 15.1 18.8% 10.1%
3. Epson 14.4 17.6% 15.4 19.0% -6.5%
4. Roland 2.6 3.2% 2.8 3.4% -3.9%
5. Mimaki 2.3 2.8% 2.0 2.4% 16.8%
Others 12.6 15.5% 11.8 14.7% 6.7%
Total 81.7 100.0% 80.8 100.0% 1.2%
Source: IDC Worldwide Quarterly Large Format Printer Tracker, June 1, 2016
 

Other Highlights

  • North American shipments in the CAD/technical market were up almost 13% year over year in 1Q16 while shipments were soft in the large format graphics segment, down 11% from Q1 2015.
  • Mutoh continued on its hot streak, finishing 1Q16 just outside of the top five vendors and growing both its shipments and revenue in the quarter.

In addition to the table above, an interactive graphic showing the worldwide market share of the top 5 LFP vendors in 1Q16 and 1Q15 is available here. The chart is intended for public use in online news articles and social media. Instructions on how to embed this graphic can be found by viewing this press release on IDC.com.

* Notes:

  • IDC tracks A2-A0+ devices in the LFP market
  • The LFP market includes single-function printers, as well as multifunctional systems (MFPs). Data for all vendors are reported for calendar periods.

About IDC Trackers
IDC Tracker products provide accurate and timely market size, vendor share, and forecasts for hundreds of technology markets from more than 100 countries around the globe. Using proprietary tools and research processes, IDC's Trackers are updated on a semiannual, quarterly, and monthly basis. Tracker results are delivered to clients in user-friendly excel deliverables and on-line query tools. The IDC Tracker Charts app allows users to view data charts from the most recent IDC Tracker products on their iPhone and iPad. The IDC Tracker Chart app is also available for Android Phones and Android Tablets.

About IDC
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC.

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Contacts

IDC
Phuong Hang, 508-935-4376
phang@idc.com
or
Tim Greene, 781-964-5351
tgreene@idc.com
or
Michael Shirer, 508-935-4200
press@idc.com

Release Summary

According to the IDC Worldwide Quarterly Large Format Printer Tracker, global large format printer shipments grew 1.2% year over year in Q1 2016 while hardware revenue grew by almost 7%.

Contacts

IDC
Phuong Hang, 508-935-4376
phang@idc.com
or
Tim Greene, 781-964-5351
tgreene@idc.com
or
Michael Shirer, 508-935-4200
press@idc.com