Future Prospects: MEMS Inkjet Heads Market Targets US$ 1.2 Billion by 2033
The global MEMS inkjet heads market size reached US$ 994.2 million in 2022. Demand for MEMS inkjet heads is estimated to surpass US$ 1 billion in 2023. During the forecast period, sales are expected to register 1.9% CAGR. Revenue is anticipated to cross around US$ 1.2 billion by 2033.
Demand in the MEMS inkjet heads
market is being driven by its increasing usage in the textile and apparel
sectors. MEMS inkjet heads offer precise and high-resolution printing
capabilities. It allows textile manufacturers to create intricate designs and
patterns on fabrics, which is highly desirable in the fashion industry.
With MEMS inkjet heads, textile
and apparel companies can offer customized and personalized products. It
enables consumers to design their own clothing, accessories, and home textiles.
Request Your Sample Report
Now! https://www.futuremarketinsights.com/reports/sample/rep-gb-17900
Traditional printing methods can
result in significant material wastage. MEMS inkjet heads enable
direct-to-fabric printing, minimizing waste by only applying ink where needed.
This leads to cost savings and environmental benefits.
Fashion trends change quickly, and
designers often require small batches of products. MEMS inkjet heads allow for
efficient and cost-effective production of limited quantities. This reduces the
need for large-scale manufacturing.
MEMS inkjet heads facilitate the
creation of rapid prototypes and samples. This enables designers to quickly
iterate and finalize their designs before moving to full-scale production.
MEMS inkjet heads can produce
vibrant colors and intricate details on textiles, enhancing the visual appeal
of products and meeting the high expectations of consumers. The
"just-in-time" production approach becomes feasible with MEMS inkjet
heads. It allows companies to respond to market demands more efficiently and
avoid overstocking.
Consumers are increasingly
demanding sustainable products. MEMS inkjet heads reduce water consumption and
the use of chemicals compared to traditional dyeing processes. These are
conveniently aligning with eco-friendly practices.
MEMS inkjet technology lowers the
barriers to entry in the market for small businesses and individual designers.
It enables them to enter the textile and apparel market with innovative and
unique offerings. MEMS inkjet heads can be integrated into digital design and
production workflows. This allows for seamless coordination between design
software and printing processes.
MEMS inkjet heads can achieve
high-speed printing, catering to the demands of large-scale textile production
while maintaining print quality. The rise of e-commerce has led to increased
demand for efficient and high-quality packaging solutions. It is further
expected to drive the demand for reliable and precise inkjet printing for
labeling, barcoding, and product information.
Key Takeaways from the
Report:
- The
global market of MEMS inkjet heads is set to register 9% CAGR during the
period between 2023 and 2033.
- By
end-use, commercial and industrial division is expected to expand at a
CAGR of 1.7% in between 2023 and 2033.
- The
United States is accounted for a valuation of US$ 223.4 million in the
global market by 2033.
- China
is set to dominate the market with a CAGR of 1.8% throughout the projected
period.
- In
2033, Japan market for MEMS inkjet heads is set to reach at a total of US$
234.9 million.
“Rising inclination towards
e-commerce platform will aid in driving demand for MEMS inkjet heads globally.
Manufacturers might also focus on differentiating their products through unique
features.” - says a lead Future Market Insights (FMI)
analyst
Competitive Landscape:
Key manufacturers might emphasize
eco-friendly practices in their production processes, materials sourcing, and
product design. This can attract environmentally conscious customers and align
with industry trends.
Recent Development:
- In October 2020, FUJIFILM
the next version of the Samba print head family, the DIMATIX Samba G5L,
will be introduced at the virtual Printers United virtual event, says
Dimatix, the top producer of inkjet print heads used in business and
industrial printing.
Key Companies Profiled
- Canon
Inc.
- Eastman
Kodak Company
- FUJIFILM
Dimatix Inc.
- FUNAI
Electric Co. Ltd.
- HP
Development Company L.P.
MEMS Inkjet Heads Market Outlook by Category
By End-use:
- Commercial & Industrial
- Consumer
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia and the Pacific
- Middle East and Africa
Comments
Post a Comment