HP claims top spot in global wide format sales
The market leader shipped more than 30,700 printers to carve out a 39.9% marketshare ahead of Canon, Epson, Roland and Mimaki, according to the latest IDC large format printer data. Solid 10.3% year-over-year growth in the graphics sector saw more than 31,000 units shipped worldwide compared to 46,000 units for the technical segment, which still dominates at 60% of the total wide format sales. Despite the increase in numbers the total value of shipments fell to US$786 million in the quarter with a year-over-year decline of -0.5%. According to Phoung Hang, International Data Corporation’s program director, single digit growth is expected for inkjet over the next two years. “The technical segment of the large format printer market is the real driver of growth opportunity. The gains in the technical segment can be attributed to improved speeds and image quality," he reported in the latest survey. This is how IDC reported the state of play among the major vendors. Vendor Highlights- HP remains the global large format printer market leader with more than 30,700 units shipped and 39.9% share. Its year-over-year increase of 7.4% was helped by positive gains in the technical (5.7%) and graphic (18.0%) segments. HP continues to lead the technical market, with almost twice the unit shipments of its next competitor, Canon. HP also maintained its second place position in the graphics market behind Epson.
- Canon is the second ranked LFP vendor with more than 17,000 units shipped and 22.6% share. The vendor grew 5.8% year over year. This positive growth was driven by year-over-year gains in both the technical and graphics segments, 3.5% and 13.5%, respectively.
- Epson strengthened its number three position with 12% year-over-year growth, the best performance among the top five vendors. The vendor recorded more than 15,200 units shipped and 19.8% share, up more than one point from a year ago. Its year-over-year growth of 12% was driven by significant growth of 16.5% in the graphics application segment.
- Roland was the number four vendor in the worldwide LFP market with more than 2,700 units shipped in 2Q14. The vendor declined 2.9% year over year and held a 3.6% share of the overall market. Graphics application is Roland's main market, which means the vendor's year over year decline was driven by a decrease in the graphics segment.
- Ricoh rounded out the top five vendors with a 2.5% share of the worldwide LFP market with unit shipments declining -11.7% compared to a year earlier. The vendor holds the top four spot in the technical market, where it saw a -12.1% year-over-year decline.
| Vendors |
2Q14 Shipment Value ($M) |
2Q14 Market Share |
2Q13 Shipment Value ($M) |
2Q13 Market Share |
2Q14/2Q13 Growth |
| 1. HP |
$219.88 |
28.0% |
$187.31 |
23.7% |
17.4% |
| 2. Canon |
$129.36 |
16.5% |
$142.32 |
18.0% |
-9.1% |
| 3. Epson |
$76.65 |
9.8% |
$75.48 |
9.6% |
1.6% |
| 4. Roland |
$52.90 |
6.7% |
$56.81 |
7.2% |
-6.9% |
| 5. Mimaki |
$45.03 |
5.7% |
$45.34 |
5.7% |
-0.7% |
| Others |
$261.64 |
33.3% |
$282.21 |
35.7% |
-7.3% |
| Total |
$785.47 |
100.0% |
$789.47 |
100.0% |
-0.5% |