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Print ArticleInfoTrends' research projects that the total system revenue from wide-format UV-curable inkjet printing systems, which includes hardware, ink, media, and the value of service contracts, will grow from just over $1 billion in 2007 to surpass $3 billion in 2012, for a CAGR of 24.7 percent. This makes UV-curable inkjet the fastest growing technology in the wide-format digital printing market.
"We are seeing intense interest in UV-curable wide format technology from manufacturers and distributors as well as end users. The improvements in the price/performance of these systems and the use of more environmentally sensitive technologies are greatly contributing to the growth of this market," said Tim Greene, a group director at InfoTrends.
Like other wide-format digital printing markets, UV-curable inkjet is becoming increasingly supplies-oriented. While hardware revenue is expected to grow at a 22 percent CAGR over the forecast period, revenue from supplies (i.e., ink and print media) for wide-format UV-curable inkjet printing is forecasted to grow 25 percent.
InfoTrends' Wide-Format UV-curable Inkjet Market Forecast 2008 provides a forecast for the worldwide wide-format UV-curable inkjet printer market for 2007-2012 and is available for purchase.
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