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Global Laser Printer Market Forecast Report 2019-2023 - Increasing Popularity of MFPs - ResearchAndMarkets.com

The "Global Laser Printer Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The laser printer market is predicted to grow at a CAGR of almost 5% by 2023.

Small work groups, homes, and offices face space constraints. Therefore, they tend to focus on products that occupy less space. Such customers prefer compact laser printers that can deliver excellent print quality and that are equipped with mobility features for easy printing using a smartphone.

Consequently, vendors in the laser printer market are introducing products that are compact, deliver high print quality and print speeds, and are equipped with mobility features. These factors are expected to trigger the growth of the laser printer market worldwide.

Increasing popularity of MFPs

The popularity and adoption of MFPs in households, small and large corporates are expected increase, as they have multiple functionalities. MFPs can deliver high print volume and multiple document functionalities including fax. Scan, copy, and print. The growing popularity of MFPs is triggering the massive growth of the laser printers market worldwide.

Increasing demand for Inkjet printers

Traditionally, inkjet printers are associated with high-quality image prints and high running costs. However, companies are developing inkjet printers with faster printing speeds, lower printing cost per page, and higher print volumes. These factors can lead to the increasing popularity of inkjet printers over laser printers.

Market Trends

  • Increasing Demand for Compact Laser Printers
  • Increasing Strategic Collaborations and M&A
  • Introduction of Advanced Security Solutions in Laser Printers

Key Players

  • Brother Industries
  • Canon
  • HP Development Company
  • Kyocera
  • Seiko Epson

Topics Covered

1. Executive Summary

2. Scope of the Report

3. Market Landscape

4. Market Sizing

5. Five Forces Analysis

6. Market Segmentation by Product

7. Customer Landscape

8. Geographic Landscape

9. Decision Framework

10. Drivers and Challenges

11. Trends

12. Vendor Landscape

13. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/m8cb67/global_laser?w=4

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