Printhead Module Market Outlook – 2027
Printhead module is a part of a printer that transfers data or images onto media such as paper. It is powered by a precision stepper motor so that tooth belt can be moved and thus printhead module transfers ink onto the paper or fabric drop by drop. The toothed belt that runs back and forth line wise helps in bringing ink on to the media while drawing through the printer by using a roller. Thus, they find their applications in fabric and paper printing, labels, and packaging in industries such as textiles, logistics and transportation. Innovations in printer technologies pave way for printhead modules.
The global printhead module market is segmented on the basis of type, application, end user, and region. Based on type, the printhead module market is divided intoinkjet, thermal transfer, and electrophotographic. In terms of application, the market is categorized into fabric printing, labels & packaging, sign graphics, 3d printing, and others. On the basis of end user, the market is divided into textiles, offices, logistics & transportation, e-commerce, banking, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global printhead module industry include Canon, HP, EPSON, Bosch, Cell ink, IBM, Mitsubishi Materials, ROHM Semiconductors, Samsung, STMicroelectronics, and Others. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global market.
Top Impacting Factors
Surge in applications in advanced & portable printers, demand for printheads in MSME sector for its compact size, reliability, compatibility, and rise in adoption in e-commerce are the factors that drive the global printhead module market growth. However, varying raw material prices of components such as cartridges hinder the market growth. Contrarily, investments in logistics and transportation new and advanced products provide new pathways for the global market.
New Product Launches to Flourish the Market
Ricoh launched an industrial inkjet printhead RICOH MH5320/5340 TYPE A in 2019. It is the higher model of RICOH MH5420/5440 having features such as minimized 5 pl size droplet & better jetting accuracy, which helps in providing high quality print. In addition, maximum frequency of greyscale being 50kHz, increased its productivity.Therefore, this new product flourished the market, owing to improved durability, compatibility, and service life.
Surge in Use in Textiles and Sign Graphics
There is an increase on demand in the industrial printing market for textiles and sign graphics. This is attributed to the need to meet variety of customer demands such as shorter delivery time and smaller lot sizes. Thus, leading to increase in demand for printhead modules due to rapid digitization of industrial printing, which further enhances greater flexibility and higher productivity due to high resolution printing.
Key Benefits of the Report
- This study presents the analytical depiction of the global printhead module market forecast along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global printhead module market share.
- The current market is quantitatively analyzed to highlight the global printhead module industry growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global printhead module market analysis based on competitive intensity and how the competition will take shape in coming years.
COVID-19 Scenario Analysis
- Global market has been significantly impacted by the COVID-19 outbreak. New projects throughout the world have stalled, which, in turn, have led to decline in demand for printhead modules.
- Global factories have struggled to manufacture, integrate and assemble new technologies as workers have stayed in their homes and even the already available devices in various warehouses cannot be transported due to current rules and regulations, which, in turn, has disrupted the global supply chains.
- The market would be less impacted than other markets for non-essential goods and services as these systems are essential part of automation. Moreover, the world would be shifting more toward automation so that no other pandemic can disrupt production.
- This COVID-19 crisis is expected to provide opportunities for companies to invest, implement, and research in technologies, which involve less human touch. For instance, combination of AI and automation.
- The impact of COVID-19 on printhead module market is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for these products are gradually going to increase as various growing industries.
Questions Answered in the Printhead ModuleMarket Research Report
- Who are the leading market players active in the printhead module market?
- What would be the detailed impact of COVID-19 on the printhead module market size?
- How current printhead module markettrends would influence the industry in the next few years?
- What are the driving factors, restraints, and opportunities in the global market?
- What are the projections for the future that would help in taking further strategic steps?
Printhead Module Market Report Highlights
| Aspects | Details |
 By Type |
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 By Application |
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 By End User |
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 By Region |
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 Key Market Players | STMicroelectronics, Hewlett Packard Development Company, L.P., Seiko Epson Corporation, IBM Corporation, Robert Bosch GmbH, Canon Inc., Bico Group, Rohm Semiconductor, Samsung Electronics Co., Ltd., Mitsubishi Materials Corporation |
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