Market Overview:
The global laser multi-functional printers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for laser multi-functional printers from commercial offices and residential applications, and the growing demand for color laser multi-function printers in Asia Pacific and Middle East & Africa. Some of the key players operating in this market are Canon Inc., Hewlett Packard Enterprise Development LP, Konica Minolta Business Solutions U.S.A., Inc., Kyocera Corporation, Ricoh Company Ltd., Samsung Electronics Co Ltd.
Product Definition:
A laser multi-functional printer is a device that can print, scan, and copy documents. They are often used in businesses to save time and money by being able to do multiple tasks with one device. Laser multi-functional printers are important because they can save businesses time and money.
Color Multi-Function Printer:
The global color multi-function printer, it's usage and growth factor in the laser multi-functional printers market is a study of the industry trends in each of the sub segments. The study aims at analyzing the impact of color multi-function printers on various levels i.e., macro level and micro level.
Monochrome Multi-Function Printer:
Monochrome multi-function printer (MFP) is a specialized multifunctional printer that prints, copies and faxes in only one color. The monochrome MFPs are available in two forms - inkjet and dot matrix.
Application Insights:
The commercial office application segment led the market and accounted for more than 50.0% share of the global revenue in 2017. The growth is attributed to increasing demand for laser multi-functional printers from various commercial offices, such as business centers, corporate offices, and hotels. These types of printers are highly efficient in printing large volumes of documents with high quality owing to their ability to handle multiple jobs simultaneously.
Residential application is expected to be the fastest-growing segment over the forecast period owing to rapid urbanization coupled with rising disposable income levels among emerging middle-class population groups in developing countries including China, India and Brazil. This has created a huge demand for color multifunctional printers that can meet all requirements from households while offering easy installation procedures and cost-efficient solutions at a same time.
Regional Analysis:
Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major markets including China, Japan, South Korea, India and Australia. Increasing demand from end-use industries such as healthcare & life sciences; transportation & logistics; banking & financial services; government sector coupled with rapid industrialization in emerging economies such as China and India are anticipated to drive this industry growth over the next eight years.
The Latin American regional market also held a significant revenue share in 2017 owing to increasing adoption of laser multi-functional printers across various application segments including commercial offices, retail stores, manufacturing facilities etc. In addition rising number of MRO activities along with growing IT infrastructure spending by enterprises are likely to boost product demand across Latin America region during the forecast period.
Growth Factors:
- Increasing demand for laser multi-functional printers in the commercial sector on account of their high print quality and low printing costs.
- Proliferation of internet-based businesses, which has led to an increase in the demand for laser multi-functional printers that can handle high volumes of printing quickly and efficiently.
- Rapid technological advancements in the field of laser multi-functional printers, resulting in better performance and lower costs per page printed.
- Growing popularity of inkjet multifunctional printers among consumers due to their low cost and compact size; this is expected to lead to a decline in the sales of laser multifunctional printers over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Multi-functional Printers Market Research Report
By Type
Color Multi-Function Printer, Monochrome Multi-Function Printer
By Application
Commercial Office, Residential Application, Others
By Companies
HP, Ricoh, Canon, Epson, Brother, Xerox, Konica Minolta, Kyocera, Lexmark, Toshiba, Sharp, Oki Data, Lenovo, PANTUM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Laser Multi-functional Printers Market Report Segments:
The global Laser Multi-functional Printers market is segmented on the basis of:
Types
Color Multi-Function Printer, Monochrome Multi-Function Printer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Office, Residential Application, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- HP
- Ricoh
- Canon
- Epson
- Brother
- Xerox
- Konica Minolta
- Kyocera
- Lexmark
- Toshiba
- Sharp
- Oki Data
- Lenovo
- PANTUM
Highlights of The Laser Multi-functional Printers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Color Multi-Function Printer
- Monochrome Multi-Function Printer
- By Application:
- Commercial Office
- Residential Application
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laser Multi-functional Printers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Laser Multi-functional Printers are printers that use lasers to print documents, images, and other materials. They are often more expensive than traditional printers, but they offer a number of advantages over traditional printers. Laser Multi-functional Printers can produce high quality prints quickly and easily without the need for ink or toner cartridges. Additionally, they can be used to print on a variety of media types including paper, plastic sheets, and even fabric.
Some of the major players in the laser multi-functional printers market are HP, Ricoh, Canon, Epson, Brother, Xerox, Konica Minolta, Kyocera, Lexmark, Toshiba, Sharp, Oki Data, Lenovo, PANTUM.
The laser multi-functional printers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Multi-functional Printers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Laser Multi-functional Printers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Multi-functional Printers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Laser Multi-functional Printers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Laser Multi-functional Printers Market Size & Forecast, 2020-2028
4.5.1 Laser Multi-functional Printers Market Size and Y-o-Y Growth
4.5.2 Laser Multi-functional Printers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Color Multi-Function Printer
5.2.2 Monochrome Multi-Function Printer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Office
6.2.2 Residential Application
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Multi-functional Printers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laser Multi-functional Printers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Color Multi-Function Printer
9.6.2 Monochrome Multi-Function Printer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Office
9.10.2 Residential Application
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Color Multi-Function Printer
10.6.2 Monochrome Multi-Function Printer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Office
10.10.2 Residential Application
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Color Multi-Function Printer
11.6.2 Monochrome Multi-Function Printer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Office
11.10.2 Residential Application
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Color Multi-Function Printer
12.6.2 Monochrome Multi-Function Printer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Office
12.10.2 Residential Application
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Color Multi-Function Printer
13.6.2 Monochrome Multi-Function Printer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Office
13.10.2 Residential Application
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laser Multi-functional Printers Market: Competitive Dashboard
14.2 Global Laser Multi-functional Printers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HP
14.3.2 Ricoh
14.3.3 Canon
14.3.4 Epson
14.3.5 Brother
14.3.6 Xerox
14.3.7 Konica Minolta
14.3.8 Kyocera
14.3.9 Lexmark
14.3.10 Toshiba
14.3.11 Sharp
14.3.12 Oki Data
14.3.13 Lenovo
14.3.14 PANTUM
