Large format printer market returns to YoY growth in Q3

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The quarter’s market growth marks the first time since the first quarter of 2011 where both units and shipment value achieved year-over-year gains. IDC quantified the total 3Q13 market value at $802.8 million, an increase of 6.2 percent year-over-year. The overall growth was fueled by solid demand from the two largest geographic markets, the United States and Asia-Pacific (excluding Japan)(APeJ). The US had year-over-year growth of 16.5 percent in units and 8.4 percent in shipment value while APeJ enjoyed a 20.9 percent gain in units and 8.4 percent in shipment value. “Epson was one of the main growth engines in the APeJ market. The password encryption on Epson print heads benefited Epson itself, as well as Roland, Mimaki and Mutoh who OEM from Epson. The encryption was established in December 2012 and helped to prevent other Chinese brands from using Epson print heads to develop their own machines,” said Phuong Hang, program director of Worldwide Large Format Printer Tracker at IDC. Technology highlights

? The technical application segment grew 5.7 percent to 45.9 thousand units shipped, and accounted for 59.1 percent share of the total LFP market in the third quarter, unchanged from a year ago. Seven out of eight regional markets showed year-over-year unit growth in this segment with the Middle East & Africa (MEA) leading the pack at 23.8 percent, followed by the US at 15.4 percent and Japan at 12.7 percent.

? The graphics application segment also showed a year-over-year gain in 3Q13, increasing 6.9 percent to 31.8 thousand units and accounting for 40.9 percent share of the overall market. The two largest regional markets, APeJ and the US, were among the four regional markets that posted year-over-year growth, 19.8 percent and 18.0 percent, respectively. The other two regions that expanded year-over-year were Japan and MEA.

Vendor highlights

? HP continued as the number one ranked vendor in 3Q13 with worldwide large format printer market share of 39.1 percent and 30.5 thousand units shipped, which is a -1.4 percent decline year-over-year. The vendor posted year-over-year growth in four regional markets, including APeJ and the US, with 15.0 percent and 13.4 percent, respectively.

? Epson climbed up one spot from last quarter to become the number two ranked vendor. Epson grew 13.5 percent year-over-year to 16.6 thousand units shipped, resulting in 21.4 percent share. This performance was driven by double-digit year-over-year growth in the US (51.4 percent), APeJ (34.2 percent), Japan (22.4 percent), and MEA (16.8 percent).

? Canon moved down one spot from last quarter to the number three position worldwide. The vendor increased 12.4 percent year-over-year to 16.4 thousand units and 21.1 percent share. Canon had a year-over-year increase in all regions except for Western Europe. The top three regions in terms of year-over-year growth were Central & Eastern Europe (CEE) at 46.7 percent, APeJ at 35.5 percent, and Canada at 17.3 percent.

? Roland strengthened its position as the number four vendor in the worldwide large format printer market with 20.9 percent year-over-year growth and 2.7 thousand units shipped. Other than Europe, the vendor posted year-over-year gains in all other regions with MEA being the leader in terms of year-over-year growth at 50.0 percent, followed by APeJ at 45.7 percent and Latin America at 45.1 percent.

? Ricoh continued as the number five vendor for the third consecutive quarter with over 2 thousand units shipped and 2.6 percent share. The vendor’s shipments increased 22.1 percent year-over-year, the best year-over-year performance among the top 5, and posted positive shipment growth in all regions except for Latin America. All of Ricoh’s top three regional markets expanded year-over-year including Japan growing at 3.8 percent, the US at 45.1 percent, and APeJ at 20.4 percent.


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