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Large Format Printers Market size is set to grow by USD 1.17 billion from 2024-2028, Growing adoption of UV-curable ink to boost the market growth, Technavio

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NEW YORK, June 21, 2024 /PRNewswire/ — The global large format printers market  size is estimated to grow by USD 1.17 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  2.91%  during the forecast period.  Growing adoption of UV-curable ink is driving market growth, with a trend towards rising adoption of latex ink. However, emergence of digital substitution  poses a challenge. Key market players include Agfa Gevaert NV, ARC Document Solutions Inc., Canon Inc., Durst Group AG, Electronics For Imaging Inc., FUJIFILM Corp., Hewlett Packard Enterprise Co., Konica Minolta Inc., KYOCERA Corp., Lexmark International Inc., Mimaki Engineering Co. Ltd., MUTOH INDUSTRIES LTD., Oki Electric Industry Co. Ltd., Ricoh Co. Ltd., Roland DGA Corp., Seiko Epson Corp., Shenyang Sky Air Co. Ltd., Sony Group Corp., swissQprint AG, and Xerox Holdings Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Technology (Aqueous, Solvent, UV-cured, and Latex), Type (Ink-based and Toner-based), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Agfa Gevaert NV, ARC Document Solutions Inc., Canon Inc., Durst Group AG, Electronics For Imaging Inc., FUJIFILM Corp., Hewlett Packard Enterprise Co., Konica Minolta Inc., KYOCERA Corp., Lexmark International Inc., Mimaki Engineering Co. Ltd., MUTOH INDUSTRIES LTD., Oki Electric Industry Co. Ltd., Ricoh Co. Ltd., Roland DGA Corp., Seiko Epson Corp., Shenyang Sky Air Co. Ltd., Sony Group Corp., swissQprint AG, and Xerox Holdings Corp.

Key Market Trends Fueling Growth

The large format printers market is experiencing growth due to the increasing adoption of latex ink. HP, Ricoh, and Mimaki are among the vendors adopting this water-based polymer technology. Latex ink is odorless, suitable for indoor applications, and has a three-year lifespan. Its advantages include avoiding outgassing and eliminating the need for air purification or solvent extraction. However, high energy consumption due to pre- and post-print heating is a disadvantage. Despite this, latex ink’s popularity is expected to continue, positively impacting the market’s growth. 

The Large Format Printer market is experiencing significant growth, driven by advancements in technology. Printing technologies such as solvent, UV curable, and dye-sublimation are trending. These printers offer high resolution and large print sizes, making them ideal for producing banners, posters, and other marketing materials. The use of inkjet technology in large format printers is increasing, providing faster print speeds and improved color accuracy. Additionally, the integration of software solutions for remote printing and management is a key trend. Companies are also focusing on energy efficiency and sustainability, with eco-solvent and latex inks gaining popularity. Overall, the Large Format Printer market is dynamic and innovative, offering businesses effective solutions for their marketing needs. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The digital shift is significantly impacting the large format printers market. With the rise of online work and advertising, traditional printing methods are losing favor. Time-consuming and costly printing processes for posters, banners, and pamphlets have been replaced by faster and more cost-effective digital alternatives. The shift towards online retailing and advertising further diminishes the demand for large format printers. As a result, the global large format printers market is expected to experience restrained growth during the forecast period.The Large Format Printer market faces several challenges. Print technology is constantly evolving, requiring printers to keep up with the latest trends and advancements. Cost is a significant challenge, as large format printers can be expensive to purchase and maintain. Additionally, the market is highly competitive, with many companies offering similar products. Another challenge is the need for high-quality prints, as customers demand accurate and vibrant colors. Lastly, sustainability is becoming a major concern, with the industry under pressure to reduce waste and use eco-friendly materials. These challenges require printers to be innovative, cost-effective, and environmentally conscious to remain competitive in the market.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This large format printers market report extensively covers market segmentation by

Technology 1.1 Aqueous1.2 Solvent1.3 UV-cured1.4 LatexType 2.1 Ink-based2.2 Toner-basedGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Aqueous-  The Large Format Printer market is experiencing steady growth due to increasing demand for high-quality graphics in advertising and signage industries. Businesses are investing in large format printers to produce eye-catching visuals for billboards, banners, and vehicle wraps. These printers offer superior print resolution and size capabilities, making them essential tools for marketing campaigns and events. Additionally, advancements in printer technology enable faster production and improved color accuracy, further enhancing their value to businesses.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Large Format Printers market encompasses a range of solutions designed for producing Rolls, Banners, Posters, Car wraps, Murals, and Hoardings. These printers utilize advanced technologies such as UV-curable ink, Dye sublimation ink, Laser printing, and Aqueous inkjet printers for delivering high-quality prints. UV curing and UV-curable inks are essential components, ensuring swift drying and vibrant colors. The Advertising industry relies heavily on these printers for creating eye-catching Graphics for Trade fairs, Mobile advertising, and Signage. Dye-sublimation printing is a popular technique for transferring designs onto various materials, including textiles and polyester. Additionally, Large Format Printers are used for producing Wallpapers, Vehicle images, and Event photography prints. These printers cater to diverse industries, offering versatility and flexibility in creating customized Print materials for various applications. Key technologies include UV-curable inks, Dye sublimation inks, and Inkjet printers, ensuring high-quality, long-lasting prints.

Market Research Overview

The Large Format Printers market encompasses printing technologies capable of producing large-scale graphics, typically used for outdoor advertising and interior decor. These printers utilize various technologies such as roll-to-roll and flatbed, with UV and solvent inks. The market is driven by the growing demand for large format graphics in various industries, including retail, real estate, and transportation. Additionally, advancements in print technology, such as higher resolution and faster print speeds, are fueling market growth. The market is segmented by technology, application, and end-user. The application segment includes outdoor and indoor advertising, point of sale displays, and interior decor. The end-user segment includes retail, real estate, transportation, and others. The market is expected to grow significantly in the coming years due to the increasing popularity of large format graphics and the continuous advancements in print technology.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TechnologyAqueousSolventUV-curedLatexTypeInk-basedToner-basedGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

Lichen China Limited Announces $2.8 Million Registered Direct Offering

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XIAMEN, China, Dec. 26, 2024 /PRNewswire/ — Lichen China Limited (Nasdaq: LICN) (“Lichen China” or the “Company”), a dedicated financial and taxation service provider in China today announced that it has entered into a definitive agreement with several investors for the purchase and sale of an aggregate of 20,000,000 of the Company’s Class A ordinary share, par value $0.00004 per share (the “Shares”) (or pre-funded warrants in lieu thereof) at a purchase price of $0.14 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.001 per share.

The aggregate gross proceeds to the Company of this offering are expected to be approximately $2.8 million. The transaction is expected to close on or about December 27, 2024, subject to the satisfaction of customary closing conditions.

Univest Securities, LLC is acting as the sole placement agent.

The registered direct offering is being made pursuant to a shelf registration statement on Form F-3 (File No. 333-277230) previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission (“SEC”) on March 1, 2024. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Univest Securities, LLC at info@univest.us, or by calling +1 (212) 343-8888.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus will be filed by the Company and, upon filing, can be obtained at the SEC’s website at www.sec.gov.

About Lichen China Limited

Lichen China Limited focuses on providing financial and taxation solution services, education support services, and software and maintenance services under its “Lichen” brand. In recognition of the Company’s expertise and experience in the financial and taxation solution services industry for over 18 years, the Company has built up its reputation as a dedicated financial and taxation solution services provider of professional and high-quality services in China. For more information, please visit the Company’s website: https://ir.lichenzx.com/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

Tian Sun
Phone: +86-0592-5586999
Email: ir@lichenzx.com

View original content:https://www.prnewswire.com/news-releases/lichen-china-limited-announces-2-8-million-registered-direct-offering-302339364.html

SOURCE Lichen China Limited

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Elvis Birthday Celebration tour kicks off at the Miniaci Performing Arts Center January 5th

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This January 8th would have been the King’s Birthday. Gone but never forgotten, his image, music, films and memories live on as a testament to his true effect and influence on his generation and future generations to come. Keeping the memory alive at countless venues throughout the country, Chris MacDonald lovingly shares the magic of the “King of Rock-n-Roll” with his full production tribute Memories of Elvis Rockin Birthday Bash

FORT LAUDERDALE, Fla., Dec. 26, 2024 /PRNewswire-PRWeb/ — Elvis Presley Birthday Celebration Florida Tour kicks off at the Miniaci Performing Arts Center at Nova Southeastern University Davie Campus on January 5th with Chris MacDonald’s Memories of Elvis Rockin Birthday Bash, a multi-media full production tribute celebrating the life and music of the King of Rock-n-Roll.

“Adding to the authenticity of his tribute, Chris has the honor of being the only tribute artist hired by Elvis Presley Enterprises to perform at Graceland’s Heartbreak Hotel.”

This January 8th would have been the King’s Birthday. Gone but never forgotten, his image, music, films and memories live on as a testament to his true effect and influence on his generation and future generations to come. The original American Rock-n-Roll Idol who influenced the Beatles, The Rolling Stones and anyone that has ever picked up a guitar or a microphone since, continues to engage our love affair with his all American story of a shy poor and humble country boy that became the King of Rock-n-Roll. Elvis Presley, recognized by TIME magazine as the “Artist of the 20th Century,” has sold more records than any other artist or group in the history of modern music. Even after death, his image and music continue to be loved and celebrated throughout the world. With the critically acclaimed big screen biopic “Elvis” by director Baz Luhrmann starring Austin Butler as Elvis and Tom Hanks as Colonel Tom Parker, Elvis’s music and charisma are once again in the spotlight for a whole new generation and there’s no sign of the King leaving the building of Rock-n-Roll icon status.

Keeping the memory alive at countless venues throughout the country, Chris MacDonald lovingly shares the magic of the “King of Rock-n-Roll” with his full production tribute Memories of Elvis. Chris’s show is not an overdone impersonation. It is a natural heartfelt tribute to a legendary performer and music icon. With his dynamic production band, Chris MacDonald draws his audience in with the look, sounds, and nuances that made Elvis the King of Rock-n- Roll!

Adding to the authenticity of his tribute, Chris MacDonald has the honor of being the only tribute artist hired by Elvis Presley Enterprises to perform at Graceland’s Heartbreak Hotel. An energetic and experienced entertainer, MacDonald has also starred in the famous “Legends in Concert” stage productions and has performed in Branson, MO, and Las Vegas, NV. Chris has also performed in Concert with Elvis Presley’s original back up group The Jordanaires and D.J. Fontana Elvis original drummer “The Beat Behind The King” at the famous Seminole Hard Rock Live Concert Venue in Hollywood Florida and other venues throughout the country.

With this newly updated production, the show will include costume changes and songs representing the different stages of Elvis’s incredible career including the 1950′s, the Movies, the 1968 Comeback and the 1970′s White Fringe Vegas Concerts. It’s all a part of this fun loving tribute to one of the greatest entertainers of all time.

Get “All shook up” and celebrate the life and music of the King of Rock-n-Roll with Chris MacDonald’s Memories of Elvis Rockin Birthday Bash.

Florida Tour Dates:

January 5, 2025 2pm (Sunday)

Rose and Alfred Miniaci Performing Arts Center

Nova Southeastern University

3100 Ray Ferrero Junior Boulevard,

Davie, FL 33314

Box Office: 954-462-0222

https://www.miniacipac.com/events/detail/chris-macdonalds-memories-of-elvis-rockin-birthday-bash-2025

 

January 16, 2025 7:30 pm (Thursday)

Barbara B Mann Performing Arts Hall

Southwestern State College

13350 FSW Parkway, Fort Myers, FL 33919

Box Office: 800-440-7469 • 239-481-4849

https://www.bbmannpah.com/events/detail/chris-macdonalds-memories-of-elvis-2025-fort-myers

 

January 18, 2025 7:30 pm (Saturday)

Sunrise Theatre

117 S 2nd Street, Fort Pierce, FL 34950

Box office: 772-461-4775

https://www.sunrisetheatre.com/shows/memories-of-elvis-rockin-birthday-bash/

Media Contact

Donna Oz, CME Inc, 1 954341-6005, info@chrismacdonaldselvis.com, https://www.elvispresleystory.com/

View original content to download multimedia:https://www.prweb.com/releases/elvis-birthday-celebration-tour-kicks-off-at-the-miniaci-performing-arts-center-january-5th-302338539.html

SOURCE CME Inc; CME Inc

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VIVOTEK Wins Double Honors for Its Commitment to Sustainability

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TAIPEI, Dec. 26, 2024 /PRNewswire/ — VIVOTEK (3454-TW), the global leading security solution provider, has once again demonstrated its outstanding commitment to sustainability. Participating for the first time in the 17th Taiwan Corporate Sustainability Awards (TCSA), VIVOTEK emerged victorious, earning the Sustainability Report Award for the Information, Communication, and Broadcasting Industry and the Taiwan Corporate Sustainability Excellence Award. These recognitions showcase VIVOTEK’s remarkable success in corporate governance, environmental protection, and social responsibility, affirming its dedication to sustainable growth.

Pioneering Sustainability with Dual Recognition

“For over seven years, VIVOTEK has independently published sustainability reports, actively driving and disclosing our internal sustainability initiatives.” said Allen Hsieh, VIVOTEK’s Spokesperson and Director of the Global Marketing Division. “These awards not only recognize our integrity and efforts in presenting operational performance, environmental data, and social impact but also serve as a strong motivation for us to continue advancing on the path of sustainable development.”

Driving Sustainability through AI Innovation

VIVOTEK delivers advanced AI-powered security solutions built on cutting-edge AI and edge computing technologies. Beyond innovation, the company drives green initiatives, reduces its carbon footprint, and fosters a sustainable, supportive workplace.

Committed to social responsibility, VIVOTEK leads the security industry’s sustainability efforts through its ‘Safety Map’ initiative. For four years, employees have formed security teams to enhance safety in neighborhoods, care centers, and schools with on-site assessments and improvement plans.

In 2024, VIVOTEK will expand its efforts to Hualien’s Dacheng Village, where it will help improve local safety environments and support cultural preservation and tourism revitalization. These actions reflect its dedication to sustainability, community well-being, and lasting societal contributions.

Security Sustainability as a Foundation for Social Impact

VIVOTEK proudly received two prestigious honors at the Taiwan Corporate Sustainability Awards, highlighting its dedication to sustainable practices. These accolades inspire the company to deepen its internal efforts and mark the start of an exciting new chapter.

Building on this achievement, VIVOTEK aims to strengthen its mission of becoming the world’s most trusted smart security brand. By aligning with global market needs and fostering collaboration with customers, partners, and employees, VIVOTEK is committed to shaping a sustainable future founded on mutual trust and shared success.

To learn more about VIVOTEK’s sustainability initiatives, please refer to the 2023 Sustainability Report.

View original content to download multimedia:https://www.prnewswire.com/news-releases/vivotek-wins-double-honors-for-its-commitment-to-sustainability-302339206.html

SOURCE VIVOTEK Inc.

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