Market Overview:
The global monochrome laser printer market is expected to grow at a CAGR of 3.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for monochrome laser printers from small and medium businesses (SMBs) and corporate organizations. Additionally, the growing trend of Bring Your Own Device (BYOD) is also contributing to the growth of this market. On the basis of type, the global monochrome laser printer market can be segmented into single function laser printers and multifunction laser printers. The single function laser printer segment is expected to account for a larger share of this market in 2018.
Product Definition:
A monochrome laser printer is a type of laser printer that prints in black and white. Monochrome laser printers are typically less expensive than color laser printers, and they can produce higher quality text documents.
Single Function Laser Printer:
Single function laser printer is a device which prints only one function or sets of characters. It has no other printing capabilities than the mentioned single feature. The product can be used in various applications like labels, shipping containers, business cards and envelopes etc.
The global single-function laser printer market size was valued at USD 472 million in 2015.
Multifunction Laser Printer:
Multifunction laser printer is a device which can print, copy and scan. It has an advantage of being able to perform multiple tasks at the same time. This multifunctional characteristic of the printer makes it very popular among consumers as it saves their time and efforts in performing different operations separately.
Application Insights:
The Small Office/Home Office (SOHO) application segment dominated the global monochrome laser printer market in 2017. The growth can be attributed to increasing adoption of SOHO by companies for printing documents at home or office of their employees. Furthermore, rising demand for compact and portable printers is also expected to have a positive impact on the industry over the forecast period.
The Small and Medium Business (SMB) application segment accounted for a significant share in 2017 owing to high penetration rates of monochrome laser printers among SMBs due to its low cost, easy availability, and high print resolution which helps them create professional-quality prints quickly and efficiently. Moreover, growing penetration rate of cloud-based solutions is further anticipated to drive demand from 2018 to 2030 as it eliminates human effort involved in managing hardware & software systems required for printing activities thereby driving the industry growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global monochrome laser printer market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for small and compact printers from consumers, businesses, and other end-use segments. In addition, rising penetration of IT infrastructure in countries such as China and India is anticipated to fuel regional growth over the next eight years.
The Asia Pacific region consists of emerging economies such as China, Japan, South Korea, Singapore among others that are technologically advanced compared to most of the developing nations across the globe. This has led them being called G2 (G2C) economies by some international organizations such as World Economic Forum (WEF). These technological advancements have also resulted into increased adoption of monochrome laser printers within enterprises for efficient production processes throughout various industries including manufacturing & automotive; healthcare; banking & financial services; government etc., which is further expected drive regional product demand over next eight years.
Growth Factors:
- Increasing demand for monochrome laser printers from small and medium-sized businesses (SMBs) due to their low cost of ownership and high print quality.
- Proliferation of mobile devices and the BYOD trend, which is driving the need for more efficient and affordable printing solutions.
- Rapid growth in digital content, which is fueling demand for high-quality monochrome laser printers that can handle large printing jobs quickly and efficiently.
- The increasing popularity of 3D printing, which is creating new opportunities for monochrome laser printer manufacturers to expand into the 3D printing market.
- Growing demand from emerging markets such as China and India due to rising income levels and growing population sizes
Scope Of The Report
Report Attributes
Report Details
Report Title
Monochrome Laser Printer Market Research Report
By Type
Single Function Laser Printer, Multifunction Laser Printer
By Application
SOHO, SMB, Corporate, Others
By Companies
HP, Canon, Brother, Ricoh, Fuji Xerox, Samsung, Lexmark, DELL, OKI, Epson, KYOCERA, Konica-Minolta, Sindoh, 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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Monochrome Laser Printer Market Report Segments:
The global Monochrome Laser Printer market is segmented on the basis of:
Types
Single Function Laser Printer, Multifunction Laser 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
SOHO, SMB, Corporate, 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
- Canon
- Brother
- Ricoh
- Fuji Xerox
- Samsung
- Lexmark
- DELL
- OKI
- Epson
- KYOCERA
- Konica-Minolta
- Sindoh
- Lenovo
- Pantum
Highlights of The Monochrome Laser Printer 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:
- Single Function Laser Printer
- Multifunction Laser Printer
- By Application:
- SOHO
- SMB
- Corporate
- 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 Monochrome Laser Printer 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A monochrome laser printer prints only black and white text or graphics.
Some of the key players operating in the monochrome laser printer market are HP, Canon, Brother, Ricoh, Fuji Xerox, Samsung, Lexmark, DELL, OKI, Epson, KYOCERA, Konica-Minolta, Sindoh, Lenovo, Pantum.
The monochrome laser printer market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Monochrome Laser Printer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Monochrome Laser Printer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Monochrome Laser Printer Market - Supply Chain
4.5. Global Monochrome Laser Printer Market Forecast
4.5.1. Monochrome Laser Printer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Monochrome Laser Printer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Monochrome Laser Printer Market Absolute $ Opportunity
5. Global Monochrome Laser Printer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Monochrome Laser Printer Market Size and Volume Forecast by Type
5.3.1. Single Function Laser Printer
5.3.2. Multifunction Laser Printer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Monochrome Laser Printer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Monochrome Laser Printer Market Size and Volume Forecast by Application
6.3.1. SOHO
6.3.2. SMB
6.3.3. Corporate
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Monochrome Laser Printer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Monochrome Laser Printer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Monochrome Laser Printer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Monochrome Laser Printer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Monochrome Laser Printer Demand Share Forecast, 2019-2026
9. North America Monochrome Laser Printer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Monochrome Laser Printer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Monochrome Laser Printer Market Size and Volume Forecast by Application
9.4.1. SOHO
9.4.2. SMB
9.4.3. Corporate
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Monochrome Laser Printer Market Size and Volume Forecast by Type
9.7.1. Single Function Laser Printer
9.7.2. Multifunction Laser Printer
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Monochrome Laser Printer Demand Share Forecast, 2019-2026
10. Latin America Monochrome Laser Printer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Monochrome Laser Printer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Monochrome Laser Printer Market Size and Volume Forecast by Application
10.4.1. SOHO
10.4.2. SMB
10.4.3. Corporate
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Monochrome Laser Printer Market Size and Volume Forecast by Type
10.7.1. Single Function Laser Printer
10.7.2. Multifunction Laser Printer
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Monochrome Laser Printer Demand Share Forecast, 2019-2026
11. Europe Monochrome Laser Printer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Monochrome Laser Printer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Monochrome Laser Printer Market Size and Volume Forecast by Application
11.4.1. SOHO
11.4.2. SMB
11.4.3. Corporate
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Monochrome Laser Printer Market Size and Volume Forecast by Type
11.7.1. Single Function Laser Printer
11.7.2. Multifunction Laser Printer
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Monochrome Laser Printer Demand Share, 2019-2026
12. Asia Pacific Monochrome Laser Printer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Monochrome Laser Printer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Monochrome Laser Printer Market Size and Volume Forecast by Application
12.4.1. SOHO
12.4.2. SMB
12.4.3. Corporate
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Monochrome Laser Printer Market Size and Volume Forecast by Type
12.7.1. Single Function Laser Printer
12.7.2. Multifunction Laser Printer
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Monochrome Laser Printer Demand Share, 2019-2026
13. Middle East & Africa Monochrome Laser Printer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Monochrome Laser Printer Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Monochrome Laser Printer Market Size and Volume Forecast by Application
13.4.1. SOHO
13.4.2. SMB
13.4.3. Corporate
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Monochrome Laser Printer Market Size and Volume Forecast by Type
13.7.1. Single Function Laser Printer
13.7.2. Multifunction Laser Printer
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Monochrome Laser Printer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Monochrome Laser Printer Market: Market Share Analysis
14.2. Monochrome Laser Printer Distributors and Customers
14.3. Monochrome Laser Printer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HP
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Canon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Brother
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ricoh
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fuji Xerox
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Samsung
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lexmark
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DELL
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. OKI
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Epson
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. KYOCERA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Konica-Minolta
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sindoh
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Lenovo
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Pantum
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
