How big is the Inkjet Printhead Market?

The Inkjet Printhead Market size is expected to reach USD 3.06 billion in 2024 and grow at a CAGR of 4.28% to reach USD 3.78 billion by 2029. Read More

What is the current Inkjet Printhead Market size?

In 2024, the Inkjet Printhead Market size is expected to reach USD 3.06 billion. Read More

Who are the key players in Inkjet Printhead Market?

Ricoh Company Ltd, FUJIFILM Holdings Corporation, Canon Inc., Konica Minolta Inc. and XAAR PLC are the major companies operating in the Inkjet Printhead Market. Read More

Which is the fastest growing region in Inkjet Printhead Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Inkjet Printhead Market?

In 2024, the Asia Pacific accounts for the largest market share in Inkjet Printhead Market. Read More

What years does this Inkjet Printhead Market cover, and what was the market size in 2023?

In 2023, the Inkjet Printhead Market size was estimated at USD 2.93 billion. The report covers the Inkjet Printhead Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Inkjet Printhead Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Inkjet Printhead Market Size & Share Analysis - Industry Research Report

Inkjet Printhead Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Inkjet Printhead Market Report is Segmented by Technology Type (Drop-On-Demand (Thermal and Piezo-Based) and Continuous), Type (MEMS-Based and Conventional), End-User Type (Office and Consumer-Based, Industrial Printing, and Graphic Printing), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Inkjet Printhead Industry Overview

The inkjet printhead market is highly fragmented due to the presence of both global players and small and medium-sized enterprises. Some of the major players in the market are Ricoh Company Ltd, FUJIFILM Holdings Corporation, Canon Inc., Konica Minolta Inc., and XAAR PLC. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

In December 2023, the construction of a new factory at Seiko Epson Corporation's group company, Akita Epson Corporation, was completed with a total investment of JPY 3.5 billion (USD 23 million). The new factory is designed to approximately triple Akita Epson's future printhead production capacity. With the increasing demand for commercial and industrial inkjet printers and a technology shift from analog to digital in industries, such as digital textile printing, there is a rising demand for commercial and industrial inkjet printers with PrecisionCore MicroTFP printheads for increased flexibility. The new Akita Epson factory will speed up the production and assembly of printheads to keep pace with the increased production of MicroTFP print chips.
In June 2024, Tohoku Epson Corporation, a subsidiary of Seiko Epson Corporation, was set to invest around JPY 5.1 billion (USD 31.60 Million) into erecting an advanced factory dedicated to inkjet printheads. The company recently marked the occasion with a ground-breaking ceremony on its existing grounds. Construction was slated to commence on June 15, 2024, with a target completion date of September 2025. This strategic move is anticipated to bolster Tohoku Epson's printhead production capacity, potentially quadrupling its current output.