Technology
Automation Solutions for Renewable Power Market to Grow by USD 3.15 Billion (2024-2028), Driven by Aggressive Renewable Policies, AI-Powered Report Highlights Evolution – Technavio
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2 months agoon
By
NEW YORK, Nov. 14, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global automation solutions for renewable power generation market size is estimated to grow by USD 3.15 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.8% during the forecast period. Aggressive policies supporting growth of renewable power generation is driving market growth, with a trend towards inception of new business models of automation solutions. However, cost challenges due to retrofitting automation solutions in conventional devices and machines poses a challenge.Key market players include ABB Ltd., Beckhoff Automation, Bosch Rexroth AG, Delta Electronics Inc., Eaton Corp plc, Emerson Electric Co., Fuji Electric Co. Ltd., GE Grid Solutions, Hitachi Energy Ltd., Honeywell International Inc., Intel Corp., Mitsubishi Electric Corp., OMRON Corp., Pilz GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Tata Power Co. Ltd., Toshiba Corp., and Yokogawa Electric Corp..
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Forecast period
2024-2028
Base Year
2023
Historic Data
2018 – 2022
Segment Covered
End-user (Solar energy, Wind energy, and Others), Application (Asset management, Process control, Remote monitoring, and Others), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)
Region Covered
APAC, North America, Europe, Middle East and Africa, and South America
Key companies profiled
ABB Ltd., Beckhoff Automation, Bosch Rexroth AG, Delta Electronics Inc., Eaton Corp plc, Emerson Electric Co., Fuji Electric Co. Ltd., GE Grid Solutions, Hitachi Energy Ltd., Honeywell International Inc., Intel Corp., Mitsubishi Electric Corp., OMRON Corp., Pilz GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Tata Power Co. Ltd., Toshiba Corp., and Yokogawa Electric Corp.
The Automation Solutions for Renewable Power Generation market is witnessing a significant trend with the emergence of Energy as a Service (EaaS) business models. EaaS enables customers to access energy solutions through subscription-based services, reducing the need for substantial upfront investments. This model allows businesses to outsource energy management, including installation and maintenance of renewable technologies. Advanced technologies like smart meters and IoT devices are integrated, enhancing operational efficiency and real-time energy consumption monitoring. EaaS also facilitates decentralized energy systems, enabling peer-to-peer energy trading and optimizing energy usage. As sustainability becomes a priority, EaaS provides flexible, scalable solutions that align with environmental objectives. This shift democratizes access to renewable energy and fosters innovation in energy management practices across various sectors, driving market growth during the forecast period.
The global automation solution market for renewable power generation is on the rise, driven by the increasing adoption of clean energy sources such as solar farms, wind farms, hydroelectric operations, and biomass operations. Robotic automation and process automation are key trends in this sector, enabling operational efficiency and reducing costs. Renewable power plants, including solar PV installations, solar energy, wind energy, wind power, hydropower, and biomass, are leveraging Programmable Logic Controllers (PLCs), predictive analytics software, real-time data analytics, and predictive maintenance algorithms for intelligent control. Smart grid technologies, such as prepaid grid integration and demand response, are essential for managing variable energy sources from renewable power plants. The renewable sector, including solar, wind, hydro, and biomass, is focused on climate change mitigation, environmental sustainability, and subsidies. Artificial intelligence, machine learning, distributed energy resources, and cybersecurity measures, including micro grids and blockchain, are critical for managing renewable power generation assets and ensuring grid stability. Cybersecurity solutions are also crucial to protect against greenhouse gas emissions and safeguard against cyber threats.
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• Automation solutions in renewable power generation offer numerous benefits, but integrating these systems into existing infrastructure involves substantial investment and effort. Companies must conduct a cost-benefit analysis before purchasing new automation systems, ensuring they are compatible with advanced solutions or can be retrofitted with smart devices. The proliferation of various automation devices necessitates a common operational framework for secure and effective communication. Failure to integrate systems may hinder market growth during the forecast period. Companies must carefully evaluate the compatibility and integration capabilities of potential automation solutions to maximize returns and minimize costs.
• In today’s business environment, the renewable power generation market faces numerous challenges, including meeting clean energy demands in the face of climate change and environmental sustainability. Subsidies for renewable sources are crucial, but operational efficiency is key to profitability. Variable energy sources like Solar PV and Wind Power require smart grid technologies, artificial intelligence, and machine learning for effective management. Distributed energy resources, micro grids, and blockchain offer solutions for energy market volatility. Cybersecurity measures are essential to protect against cyber threats. Renewable power plants, from Solar PV installations to Hydropower and Biomass, require asset management, process control, and remote monitoring for optimal performance. Next-generation digital technologies like AI and IoT solutions can help reduce downtime and improve asset performance. Government investment in renewable energy sectors is vital to meet global energy demand and reduce carbon footprint. Renewable energy generation from Renewable Energy Sectors like Solar Energy, Wind Energy, and Hydropower is crucial to combat greenhouse gases and power our world sustainably.
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This automation solutions for renewable power generation market report extensively covers market segmentation by
End-user 1.1 Solar energy1.2 Wind energy1.3 OthersApplication 2.1 Asset management2.2 Process control2.3 Remote monitoring2.4 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America
1.1 Solar energy- Automation plays a crucial role in optimizing the performance of solar power plants by addressing the challenges of controlling complex systems. Advanced algorithms are essential due to the difficulty of managing solar power plant systems with conventional control solutions. Automation solutions in solar power plants perform several functions, including calculating solar reflector positions, self-calibration and prediction of reflectors, and computing sun and normal vectors. These systems also help reduce structural and mechanical errors, monitor and analyze solar PV plant performance, and ensure high performance, reduced downtime, and fault detection. ABB Ltd, a major player in the market, recently achieved a milestone of delivering automation to 5-GW solar power plants in India, highlighting the growing demand for these solutions. The market is expected to grow due to factors such as the need for efficient and productive solar power plants, increasing adoption of renewable energy, and the scalability and distributed architecture of automation solutions.
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The global automation solutions market for renewable power generation is a rapidly growing sector, driven by the increasing adoption of renewable sources for power production. Automation plays a crucial role in optimizing the performance and efficiency of renewable power plants, including solar farms, wind farms, hydroelectric operations, and biomass operations. Robotic automation and process automation are key technologies used to streamline operations and reduce costs. Distributed Control Systems (DCS) and Programmable Logic Controllers (PLC) are essential components of renewable power plant automation, enabling real-time process control and monitoring. Predictive analytics software helps optimize performance, reduce downtime, and minimize greenhouse gas emissions. Renewable power plants, including solar PV installations, solar energy, wind energy, wind power, hydropower, and biomass, all benefit from automation solutions. Asset management and process control systems, along with remote monitoring capabilities, ensure optimal performance and reliability in the renewable sector. The renewable energy sector continues to evolve, with automation solutions playing a vital role in maximizing the potential of renewable power plants and reducing their carbon footprint.
The global automation solutions market for renewable power generation is a rapidly growing sector, driven by the increasing adoption of clean energy sources such as solar farms, wind farms, hydroelectric operations, and biomass operations in response to climate change and environmental sustainability initiatives. Renewable power generation faces unique challenges due to the variable nature of these energy sources, requiring advanced automation solutions. Robotic automation and process automation play crucial roles in optimizing renewable power generation, with Programmable Logic Controllers (PLCs) and Predictive analytics software enabling real-time data analytics and Predictive maintenance algorithms. Intelligent control algorithms, Prepaid grid integration, and Demand response systems help manage energy production and distribution efficiently. Renewable energy sectors, including Solar Power, Wind Power, Hydropower, and Biomass, are integrating Next-Generation Digital Technologies like Artificial Intelligence (AI), Machine Learning, and Internet of Things (IoT) Solutions to enhance operational efficiency and Asset Performance. Cybersecurity measures, Micro grids, Blockchain, and Cybersecurity solutions are essential to ensure grid security and reliability. Government investment, subsidies, and the energy market’s evolving landscape are key factors influencing the renewable sector’s growth. Renewable energy generation from Solar PV modules, Wind Turbines, and Biomass plants contributes significantly to reducing the global energy demand’s carbon footprint. As renewable energy sources become increasingly important, automation solutions will continue to play a pivotal role in ensuring their operational efficiency and reliability.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
End-userSolar EnergyWind EnergyOthersApplicationAsset ManagementProcess ControlRemote MonitoringOthersGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
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.
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
Clinisys continues expansion of India operations; moves to larger office space in Bengaluru
Published
40 minutes agoon
January 16, 2025By
Clinisys, a global provider of laboratory informatics software, announces opening of its new office space at RMZ Ecoworld, Bengaluru’s landmark business park. The move aligns with the organization’s commitment to expand its employee base in the region.
BENGALURU, India, Jan. 16, 2025 /PRNewswire/ — Clinisys, a leading global provider of intelligent diagnostic informatics solutions, announces the opening of its new office space in Bengaluru. The new office, located at Bengaluru’s premium IT business park, RMZ Ecoworld at Bellandur, covers a sprawling 35,000 sq. ft. area. The LEED certified, state-of-the-art office offers a seating capacity of approximately 300 people, modern amenities and a great location advantage.
The move reaffirms the organization’s continued commitment to develop and expand its India operations. Over the last two years, Clinisys has consistently ramped up its hiring in India by over 50%. The organization currently has a strong team of 480+ professionals based in India working as part of its global technology team to support its 4,000+ lab customers around the world.
“As the global leader in lab informatics, with over 45 years of domain experience, Clinisys has a clear strategy to create and deliver the next evolution of cloud-based laboratory solutions. Clinisys operates in over 39 countries, with over 700 engineers working from 12 countries. Our India team adds exceptional, highly skilled tech talent to our workforce and is crucial to helping us deliver our plans at the appropriate velocity and scale,” said Clinisys CEO, Michael Simpson. “As we continue to pursue excellence in developing both our world class solutions and our industry expertise, expanding our India operations was an obvious decision for us.”
The new Clinisys office space has been designed with elegant interiors and modern seating arrangements, offering dedicated space for group huddles, meetings, collaboration and relaxed work areas.
“The new office space is a representation of our aspiration to lead the laboratory informatics marketplace with cutting edge software advancements and top technical talent. It aligns with the organization’s aim to attract the best talent, develop industry leading experts and create a sustainable environment for our multi-generational and growing employee base in India,” said Karthik Reddy, Vice President, Clinisys India. “As we look to the future, we will continue to harness the excellent technological skillset available in the region and grow our capabilities in developing future-proof diagnostic solutions across multiple industry sectors.”
In 2024, Clinisys added 225 talented professionals to our workforce in India growing our global technology team to 1,450+ professionals. As a prelude to the office expansion, and a demonstration of Clinisys’ commitment to supporting their growing team in India, Clinisys also recently celebrated the first ever India Integration Day event, bringing together more than 400 employees from all over India for three days of team building and colleague engagement activities at an exotic luxury destination in Goa.
Clinisys continues to develop and deliver the next evolution of laboratory informatics across healthcare, contract services, public health and safety, environment, water quality, food and beverage, and crop sciences, helping laboratories accelerate productivity and quality and to future-proof their businesses. As part of the Clinisys strategy, the team is also working to expand its support into life sciences and pharma laboratories.
As an organization, Clinisys is committed to provide an inspiring, trusted work environment that empowers professionals to optimize their talent and achieve excellence. The Clinisys Human Resources team is committed to creating a culture that provides the right opportunities for growth, recognizes and acknowledges employee contributions and maintains a transparent, collaborative workspace.
In India, the organization has 480+ employees working from its Bengaluru and Kolkata offices. The multi-generational team in India works across various functions including product management, product development and client experience domains.
Established in 1979, Clinisys has more than 1450 employees working to supports its customers across the world.
About Clinisys
Clinisys enables healthier and safer communities as a global provider of intelligent diagnostic informatics solutions and expertise that redefine the modern laboratory across healthcare, life sciences, public health and safety. Millions of laboratory results and data insights are generated every day using Clinisys’ platform and cloud-based solutions in over 4,000 laboratories across 39 countries.
To learn more, visit: www.clinisys.com.
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Technology
5G Testing Equipment Market size to increase by USD 605.76 Million between 2023 to 2028, Market Segmentation by Application, End-user, Geography, TESTING , Technavio
Published
40 minutes agoon
January 16, 2025By
NEW YORK, Jan. 15, 2025 /PRNewswire/ — The global 5g testing equipment market size is estimated to grow by USD 605.76 million from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of almost 8.43% during the forecast period. The report provides a comprehensive forecast of key segments below-
Segmentation Overview
Application 1.1 Oscilloscopes1.2 Signal analyzers1.3 Signal generators1.4 Network analyzers1.5 OthersEnd-user 2.1 Telecom equipment manufacturers2.2 Original device manufacturers2.3 Telecom service providersGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South AmericaCountry
US, Canada, China, South Korea, and GermanyTESTING 4.1
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1.1 Fastest growing segment:
The oscilloscopes segment holds a dominant position in the global 5G testing equipment market in 2023, accounting for the largest share. Oscilloscopes are essential tools used to analyze electronic signals by displaying their waveforms as a function of time. These devices measure and analyze properties such as amplitude, rise time, frequency, time interval, and distortion. Digital oscilloscopes, which are commonly used in 5G testing, employ an analog-to-digital converter (ADC) to measure 5G signals. Attenuators and vertical amplifiers are utilized before the ADC to scale the waveform. Digital oscilloscopes also offer automated incident capturing and storing facilities, enabling a better understanding of component and signal issues. With the anticipated increase in 5G traffic, oscilloscopes supporting higher bandwidth applications will be in high demand among electronics manufacturers. In response, market players, such as Anritsu Corp. And Tektronix Inc., are introducing advanced oscilloscopes to cater to this need. For instance, Anritsu’s BERTWave MP2110A oscilloscope supports 53-Gbaud pulse amplitude modulation (PAM) signals for 5G network and device testing. Tektronix’s new 2 Series MSO is a portable, lightweight oscilloscope designed for both laboratory and field use. The launch of such advanced oscilloscopes and the rising demand from industries like communication, electronics, semiconductors, and others will fuel the growth of the oscilloscopes segment in the global 5G testing equipment market.
Analyst Review
The 5G testing equipment market is experiencing significant growth due to the widespread deployment of 5G technology and the increasing demand for high-speed, low-latency connectivity. 5G testing equipment is essential for ensuring the efficient and effective operation of 5G device infrastructure, including electric signals, spectrums, and bandwidth. With the increasing number of connected devices, from IoT sensors to large data centers, automobiles, entertainment systems, healthcare equipment, and security systems, the need for reliable and user-oriented 5G networks is more important than ever. 5G testing equipment plays a crucial role in optimizing network performance, addressing issues such as base station placement, antenna design, and network equipment configuration. Specialized testing equipment, including spectrum analyzers, signal generators, and channel emulators, are used to ensure the high connectivity, quick communication, and low latency required for various applications, from emergency services to entertainment and beyond. As 5G networks become increasingly complex, optimization and testing will remain critical to ensuring the network’s reliability, efficiency, and ability to meet the demands of users and industries alike.
Market Overview
The 5G testing equipment market is witnessing significant growth due to the widespread deployment of 5G device infrastructure and the increasing demand for high connectivity, low latency, and quick communication. Electric signals and spectrums are crucial elements in 5G testing, with an emphasis on securing sufficient bandwidth for device efficiency. The network’s ability to support IoT, connected devices, large data centers, automobiles, entertainment, healthcare, security, and other user-oriented applications is essential. 5G testing equipment includes specialized tools for 5G device capabilities, data transfer, and mobile communications. These tools include oscilloscopes, signal generators, and spectrum analyzers. Massive MIMO, mmWave, Channel Sounding, and reprogrammable instrument tools are essential for addressing 5G challenges such as prototyping and optimizing performance. The 5G testing market caters to IDMs and ODMs, network operators, and service providers. Test programs for 5G traffic, base stations, antennas, network equipment, and specialized testing equipment are critical for addressing performance issues and ensuring network optimization. 5G testing equipment is also vital for the deployment of advanced multimedia applications, millimeter wave usage, multimode integration, beamforming, and testing processes. Testing costs are a concern, and software-defined testing and a software-defined approach are gaining popularity. The 5G testing market is also impacted by challenges such as the digital divide, facilities and services, and the need for secure wireless connections. The market is expected to grow significantly as 5G becomes more widespread for smart city purposes, digitalization, and mobile communications. Data traffic, enterprises, and consumer electronic devices are significant end-users of 5G testing equipment. The market is also driven by the growing demand for autonomous vehicles, connected car applications, intelligent transportation systems, public safety applications, energy management, and heterogeneous architecture with multiple frequency bands and small cells. Signal propagation, interference, and antenna design are critical considerations in 5G testing.
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Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Venodr Landscape
11 Vendor Analysis
AccedianAccuverAnokiwave, Inc.AnritsuAritza Networks, Inc.Cohu, Inc.Consultix WirelessEmiteExfo, Inc.Gao Tek & GAO Group, IncGI Communications, Inc.Innowireless Co Ltd.Keysight TechnologiesMacomMarvin Test Solutions, Inc.National Instruments Corp.Pctel, Inc.Rohde & SchwarzSimnovusSpirent Communications
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
Technology
Printers Market , 52% of Growth to Originate from APAC, Technavio
Published
2 hours agoon
January 16, 2025By
NEW YORK, Jan. 15, 2025 /PRNewswire/ — The global printers market size is estimated to grow by USD 10.65 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 3.46% during the forecast period.
For comprehensive forecast and historic data on regions,market segments, customer landscape, and companies- Click for the snapshot of this report
Report Attribute
Details
Base Year
2023
Forecast period
2024-2028
Historic Data for
2018 – 2022
Segments Covered
Technology (Laser, Inkjet, and Others), Type (Multifunction printers and Single function printers), Geography (APAC, Europe, North America, South America, and Middle East and Africa), Connectivity (), and Output ()
Key Companies Covered
Bixolon Co. Ltd., Brady Corp., Brother Industries Ltd., Canon Inc., Citizen Systems Europe GmbH, Dell Technologies Inc., Fujitsu Ltd., Honeywell International Inc., HP Inc., Konica Minolta Inc., Lenovo Group Ltd., Lexmark International Inc., Ninestar Co. Ltd., Oki Electric Industry Co. Ltd., Panasonic Holdings Corp., Redington India Ltd., Ricoh Co. Ltd., Riso Kagaku Corp, Seiko Epson Corp., Sharp Corp., Toshiba Corp., Xerox Holdings Corp., Zebra Technologies Corp., and KYOCERA Corp.
Regions Covered
APAC, Europe, North America, South America, and Middle East and Africa
Region Outlook
North AmericaEuropeAsiaRest of World
1. APAC – APAC is estimated to contribute 52%. To the growth of the global market. The Printers Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027.
The Asia-Pacific (APAC) region is projected to be a lucrative market for printer manufacturers due to the widespread adoption of automation and the emphasis on operational efficiency in various industries and verticals. Key factors driving the printer market in APAC include the proliferation of automation and the increasing demand for productivity and business process optimization. This region consists of developed economies, such as South Korea, Japan, and Singapore, as well as developing countries, including China, India, Malaysia, Vietnam, the Philippines, and Indonesia. Major printer manufacturers, such as Ricoh Co. Ltd., Konica Minolta Inc., Kyocera Corp., Epson, and Sharp Corp., are based in APAC, contributing significantly to the market growth.
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Segmentation Overview
Technology 1.1 Laser1.2 Inkjet1.3 OthersType 2.1 Multifunction printers2.2 Single function printersGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and AfricaConnectivity 4.1Output 5.1
1.1 Fastest growing segment:
Laser printing is a popular technology in the printing industry, utilizing electrophotography or electrostatic charges for image production. In this process, a laser beam is used to induce charges, enabling precise printing. Laser printing caters to various applications, including variable data and wide-format printing. Compared to inkjet and LED printing, laser printing boasts advantages such as speed and precision. Laser printers are more expensive upfront but offer lower running costs due to their use of dry ink. Primarily used in offices, laser printers have gained popularity among enterprises due to their accuracy and efficiency. In January 2021, Ninestar Co. Ltd., a leading laser printer and toner cartridge manufacturer, introduced its Elite Series, consisting of six laser printer models. Key growth factors include the emergence of compact laser printers, increasing demand for A4 and A3 laser multifunction printers from enterprises, and declining laser printer prices. However, the emergence of ink tank printers may hinder growth during the forecast period. Despite this, the demand for laser printing technology is expected to remain steady due to enterprise demand for laser multifunction printers.
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Research Analysis
The printing market encompasses a wide range of printers designed for various applications, from A4 office printers to large-format packaging printers. Mobile printing technology enables users to print from their smartphones and tablets, making printing more convenient than ever. Color printing has become the norm, with inkjet and solvent ink printers leading the charge. The ecosystem of inks and software plays a crucial role in delivering high-quality prints. Printers have evolved into electronic tools, capable of processing text and images from computers and other devices via data cables, USB, short-range radio, or Bluetooth. The hardware and output technology behind these devices transform electronic data into tangible documents and photos, making them essential computer peripherals for both personal and professional use.
Market Overview
The printing market encompasses a wide range of printers and printing technologies, including mobile printing, color printing, packaging printing, and analog and digital printing. Entry-level products like A4 printers cater to individual consumers, while businesses rely on multi-functional printers, copiers, and multifunctional systems. Inkjet printing uses various types of inks such as solvent, water-based, UV-based, LED, and UV-cured inks, while toner is used in laser printers. Cloud-based computing and software ecosystems facilitate digital integration, enabling users to print from various devices like computers, smartphones, and tablets. Ink cost is a significant factor, with inkjet printer cartridges available in various sizes and ink subscriptions offering cost savings. Environmental concerns include the use of heavy metals and energy consumption, as well as the environmental impact of printing processes and carbon emissions contributing to climate change. Companies are addressing these issues through the use of eco-friendly materials like ocean-bound plastic and ink tanks that reduce waste. Security features, such as encryption and access control, are increasingly important for both residential and commercial printers, especially in the context of managed print services and digital integration with platforms like Dropbox and Google Drive. The global printer market includes various types of printers, including ink tank printers, monochrome and color printers, wired and wireless printers, and standalone printers or MFPs.
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Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Venodr Landscape
11 Vendor 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/
View original content to download multimedia:https://www.prnewswire.com/news-releases/printers-market–52-of-growth-to-originate-from-apac-technavio-302351742.html
SOURCE Technavio
Clinisys continues expansion of India operations; moves to larger office space in Bengaluru
5G Testing Equipment Market size to increase by USD 605.76 Million between 2023 to 2028, Market Segmentation by Application, End-user, Geography, TESTING , Technavio
Printers Market , 52% of Growth to Originate from APAC, Technavio
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