Inkjet Technology to Dominate Continuous-Feed Printer Beyond 2014
The IDC report projects high-speed inkjet sales to reach $1 billion in equipment sales by 2018 with a compound annual growth rate of 10.8 percent.The shift from electrophotography (EP) to high-speed inkjet (HSIJ) in the worldwide continuous-feed, digital production print market came to fruition in 2013, and will continue through the 2014-2018 forecast period, opening up broad new opportunities in the market, according to IT research firm IDC. The report projects HSIJ to reach $1 billion in equipment sales by 2018 with a compound annual growth rate (CAGR) of 10.8 percent, while placements of both monochrome and color EP equipment are expected to see further declines. The continuous feed equipment market is expected to grow modestly at a CAGR of 2.4 percent through 2018, fueled almost entirely by HSIJ, which will grow at a 12.2 percent CAGR. While the crossover in placements occurred in 2013, HSIJ will grow to 75 percent of placements by 2018.
"A dramatic technology shift occurred in 2013 as high-speed inkjet maintained its momentum, while incumbent technologies declined," Andrew Gordon, research director of IDC’s production output solutions division, said in a statement. "There will continue to be opportunity for color laser, which will hold a quality advantage for a while. However, high-speed inkjet vendors will make great strides toward improving print quality and substrate flexibility."