MEMS Inkjet Heads Market by Technology, End-user, and Geography - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR44807
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The MEMS inkjet heads market has the potential to grow by USD 123.42 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.47%.

This MEMS inkjet heads market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by technology (thermal inkjet heads and piezo inkjet heads), end-user (consumer and commercial and industrial), and geography (APAC, North America, Europe, South America, and MEA). The MEMS inkjet heads market report also offers information on several market vendors, including Canon Inc., Eastman Kodak Co., FUJIFILM Holdings Corp., FUNAI ELECTRIC Co. Ltd., HP Inc., Konica Minolta Inc., Koninklijke Philips NV, Memjet Holdings Ltd., Ricoh Co. Ltd., and Seiko Epson Corp. among others.

What will the MEMS Inkjet Heads Market Size be in 2021?

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MEMS Inkjet Heads Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increased demand for multifunction printers (MFPs) is notably driving the MEMS inkjet heads market growth, although factors such as the emergence of digital substitution may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the MEMS inkjet heads industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • One of the key factors driving growth in the MEMS inkjet heads market is the increased demand for multifunction printers.
  • An MFP incorporates the functionality of multiple devices such as printers, photocopiers, fax machines, and scanners with additional features such as network document storage and encryption for data transmission.
  • The integration of multiple functions helps organizations to substantially reduce costs by saving on procurement expenditures.
  • Consumers, as well as organizations, are increasingly opting for multifunctional devices such as MFPs because of their advantages over conventional devices.
  • MFPs do not offer prints of the highest quality, as obtained from standalone printers but their capability to serve multiple functions will ensure a significant demand for such printers.
  • The growing adoption of UV-curable ink is another major factor supporting the MEMS inkjet heads market share growth.
  • The technology has been in use in several industries and its adoption for large-format printing is now increasing steadily.
  • UV-curable inks offer several benefits over water-based and solvent-based inks, such as no media surface penetration, generates low heat, faster curing process, lower emission of VOCs, savings on material costs as UV printing does not require coated media, better durability for outdoor and the use of UV-curable inks results in higher productivity, lower ink consumption, and reduced operational costs.
  • Several industries are adopting UV-curable inkjet printers, owing to their various benefits, which, in turn, will drive the global MEMS inkjet heads market.

This MEMS inkjet heads market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major MEMS Inkjet Heads Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Canon Inc.
  • Eastman Kodak Co.
  • FUJIFILM Holdings Corp.
  • FUNAI ELECTRIC Co. Ltd.
  • HP Inc.
  • Konica Minolta Inc.
  • Koninklijke Philips NV
  • Memjet Holdings Ltd.
  • Ricoh Co. Ltd.
  • Seiko Epson Corp.

 

This statistical study of the MEMS inkjet heads market encompasses successful business strategies deployed by the key vendors. The MEMS inkjet heads market is concentrated and the vendors are deploying growth strategies such as forming strategic partnerships to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The MEMS inkjet heads market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for MEMS Inkjet Heads Market?

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40% of the market’s growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for MEMS inkjet heads in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The rise in technological adoption and infrastructural developments in South Korea, Taiwan, Japan, and China will facilitate the MEMS inkjet heads market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Technology Segments in the MEMS Inkjet Heads Market?

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The MEMS inkjet heads market share growth by the thermal inkjet heads segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the MEMS inkjet heads market size and actionable market insights on post COVID-19 impact on each segment.

 

MEMS Inkjet Heads Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2.47%

Market growth 2021-2025

$ 123.42 million

Market structure

Concentrated

YoY growth (%)

1.92

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 40%

Key consumer countries

US, China, Germany, Japan, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Canon Inc., Eastman Kodak Co., FUJIFILM Holdings Corp., FUNAI ELECTRIC Co. Ltd., HP Inc., Konica Minolta Inc., Koninklijke Philips NV, Memjet Holdings Ltd., Ricoh Co. Ltd., and Seiko Epson Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Factors Covered in this MEMS Inkjet Heads Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive MEMS inkjet heads market growth during the next five years
  • Precise estimation of the MEMS inkjet heads market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the MEMS inkjet heads industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of MEMS inkjet heads market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Technology

    • Market segments
    • Comparison by Technology
    • Thermal inkjet heads - Market size and forecast 2020-2025
    • Piezo inkjet heads - Market size and forecast 2020-2025
    • Market opportunity by Technology

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Consumer - Market size and forecast 2020-2025
    • Commercial and industrial - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Canon Inc.
      • Eastman Kodak Co.
      • FUJIFILM Holdings Corp.
      • FUNAI ELECTRIC Co. Ltd.
      • HP Inc.
      • Konica Minolta Inc.
      • Koninklijke Philips NV
      • Memjet Holdings Ltd.
      • Ricoh Co. Ltd.
      • Seiko Epson Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The mems inkjet heads market growth will increase by $61.40 million during 2019-2024.
      The mems inkjet heads market is expected to grow at a CAGR of 1.26% during 2019-2024.
      Technavio has segmented the mems inkjet heads market by technology (Thermal inkjet heads and Piezo inkjet heads) ,end user (Consumer and Commercial and industrial) , and geographic (APAC, North America, Europe, South America, and MEA).
      Canon Inc., Eastman Kodak Co., FUJIFILM Holdings Corp., FUNAI ELECTRIC Co. Ltd., Hewlett Packard Enterprise Co., Konica Minolta Inc., Koninklijke Philips NV, Memjet Holdings Ltd., Ricoh Co. Ltd., Seiko Epson Corp. are a few of the key vendors in the mems inkjet heads market.
      APAC will register the highest growth rate of 57.23% among the other regions. Therefore, the mems inkjet heads market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • US
      • China
      • Germany
      • Japan
      • South Korea (Republic of Korea)
      The key factors driving the mems inkjet heads market growth are:
      • Increased demand for multifunction printers (MFPs)
      The mems inkjet heads market vendors should focus on grabbing business opportunities from the thermal inkjet heads segment as it accounted for the largest market share in the base year.
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