The global market is expected to grow by 24.6 percent annually from now until 2021.
The report from market analysts Report Linker found that the “global market for inkjet technologies” is expected to be worth $125.2 billion (€117.5 billion) in 2021, growing from $4.2 billion (€3.9 billion) in 2016 for a compound annual growth rate (CAGR) of 24.6 percent. The report gives an “overview of the global market for emerging inkjet printing technologies and applications”, focusing on “those that have the potential to be disruptive, not just incremental improvements or refinements”.
This means that the report does not focus on “consumer inkjet” as such, but on the entire market, with the analysts also studying “global market trends” and giving information “on the specific drivers, trends, and challenges for different segments of the market”. It also looks at “definitions of enabling technologies”, which include microfluidics, nanotechnology and other technology segments including printheads, inks and fluids.
Report Linker added that its report also looks at “the issues involved in printhead technology”, including “fabrication, design considerations and performance parameters”, as well as “patent analyses” and “profiles of leading companies in the industry”. The “most promising inkjet applications” for the study period were said to include: product decoration; flavourings and fragrances; electronics; medicine and life sciences; chemicals; 3D printing; optics; and energy.
Going into more detail on consumer inkjet, the report noted that it “does not cover traditional inkjet printing applications such as consumer- and graphic arts-oriented inkjet printers in any detail”, as it will cover these in a separate report.