Inkjet Printer Head Market Size, Share, Growth, and Industry Growth by Type (Piezoelectric Type, and Thermal Type), By Application (Consumer & Office Application, Commercial Application, and Industrial Application), Regional Insights, and Forecast To 2031

Updated On: 01 April 2024

Inkjet Printer Head Market REPORT OVERVIEW

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The global inkjet printer head market size was USD 2380.1 million in 2022 and market is projected to touch USD 3269.95 million by 2031, exhibiting a CAGR of 3.2% during the forecast period.

Every inkjet printer on the market has one thing in common: a print head. Print heads with ink deposition capabilities are present in both small and large format inkjet printers. Modern print heads have tiny nozzles that spray ink and chambers that receive ink. The DOD arena breaks into Thermal Inkjet ('TIJ') and Piezoelectric Inkjet ('PIJ'). Piezo print heads don't use heat to force ink out of the nozzle. Instead, they feature a layer of thin film that is exposed to an electric charge. This charge causes the film to vibrate, building up pressure and forcing the ink onto the paper.

Thermal inkjet print heads are the next generation of printer nozzles. Instead of using a membrane to build pressure and force ink out onto paper, heat is used to create an air bubble. Once the ink is expelled, the chamber rapidly cools down and the process repeats. For commercial applications, ink jet print heads are necessary. Food and beverage, automotive, packaging, cosmetics, and other industries are included in the segments of the inkjet print head market. The packaging sectors used inkjet heads for the majority of labelling and bar code printing applications for various industries.

COVID-19 IMPACT : Decreasing Packaging Applications Reduced Product Demand Significantly

COVID-19 had a life changing impact globally. The global inkjet printer head market was significantly affected. The virus had various impacts on different markets. Lockdowns were imposed in several nations. This erratic pandemic caused disruptions on all sorts of businesses. Restrictions tightened during the pandemic due to increasing number of cases. Numerous Industries were affected. However, the market for inkjet printer head experienced a drop in demand.

Industries that help provide for basic needs, like getting food and necessary supplies to consumers safely, were increasingly impacted as the coronavirus outbreak had spread and its humanitarian impact grew. While accelerating growth for other types of packaging, such as packaging for e-commerce shipments, which are emerging as lifelines in this new world, the coronavirus crisis has already caused some of the sharpest declines in recent times in demand for some types of packaging. Many packaging companies are facing new difficulties as a result of these changes.

According to the Supply chain management research US 2020, it has been observed that COVID-19 has an effect on the entire process from the field to the consumer when looking at the food supply chain, one of the most significant sectors of the economy. There is currently a great deal of concern about food production, processing, distribution, and demand in light of recent challenges in the food supply chain. COVID-19 had a negative impact on the food supply chain financially and by restricting worker movement, altering consumer demand, closing food production facilities, and restricting food trade policies.

LATEST TREND

"Scientific Advancement and Continuous Innovation to Strengthen Market Outlook"

The 3D printer's platform is sprayed with a liquid build material using inkjet printheads, which cools and solidifies to create a 3D object layer by layer. In photopolymer jetting 3D printing, the print heads spray a liquid photopolymer material that is light-sensitive onto the print bed. The liquid photopolymer material is then directly cured by a UV lamp attached to the print head to form the solid object. To create multi material or multicolor objects, different materials can be jetted together. Wax deposition modelling (WDM) technology jets a melted build material that naturally solidifies as it rapidly cools on the print bed to create objects in special wax-like plastics. Nanoparticle jetting is the most recent material jetting technology.

Inorganic nanoparticle inks containing Ag, Au, and Cu nanoparticle materials have been created thanks to recent advances in nanotechnology. The fundamental idea behind metal nanoparticles is that as a particle gets smaller, the ratio of its inner to outer atoms gets smaller as well, leading to a decrease in melting temperature . As a result, unlike the bulk silver, which has a melting point of 960°C, Ag-nanoparticles can only be annealed at temperatures of about 120–220°C after being deposited in ink. Additionally, suitable alternative annealing techniques utilizing microwave, electrical, photonic, and laser heating have received extensive research.

Inkjet Printer Head Market SEGMENTATION

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• By Type

Based on type, the market is divided into Piezoelectric Type, and Thermal Type.

Piezoelectric Type holds a major share of the global market.

• By Application

Based on application, the market is bifurcated into Consumer & Office Application, Commercial Application, and Industrial Application.

Consumer & Office Application as application holds a major share of the global market.

DRIVING FACTOR

"Competitive Environment to Boost Market Share "

According to research published by Research Gate, there is fierce competition among inkjet printhead companies. Numerous businesses operating in the market are further compelled to compete on price because of the homogeneous nature of market products. To gain a competitive advantage, the businesses engage in a variety of growth and expansion strategies. The value chain alliance is followed by business participants with transactions at various stages of the value chain. In February 2022, Canon announced the addition of a new ink tank business printer to its MAXIFY Ink Efficient GX Series lineup.

"Documentation Needs to Boost Market Size"

There has been a growing need for documentation of important documents. Despite the fact that, digitization is taking over the global world, the global inkjet printers head has seen a spike in its global market share. The importance of documentation arose as the security across software devices is not assured. There have been several malicious attacks on various databases leaking important data. Hence the increase in need for physical documentation is expected to drive the global inkjet printers head market share.

RESTRAINING FACTOR

"Product Lifespan to Pose as Market Constraint "

The typical manufacturer's printhead shouldn't expire until at least 8 or more full sets of cartridge changes have been made. Due to general customer print usage and printer maintenance, printer duty cycle, printing frequency, print mode, type of content printed, and print color, the printhead will eventually fail due to an internal microelectronics failure. Plain paper, photo paper, and matte or heavy bond paper types and paper edge curl caused by time spent in the printer or exposure to low relative humidity can also quickly cause premature printhead failures because the paper edges repeatedly head strike the printhead nozzle.

Inkjet Printer Head Market REGIONAL INSIGHTS

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"North America Dominates the Market as Major Investor"

North American countries are the largest market shareholder for inkjet printer’s head. This is built upon factors such as huge investments from companies in this region. Their growing need for documented process has boosted the market in this region. The government has increased usage of inkjet printers head  due to security reasons. Europe is the second major shareholder of the global miniature atomic clocks market.

KEY INDUSTRY PLAYERS

"Market Players Focus on New Product Launches to Strengthen Market Position"

Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.   

List of Market Players Profiled

• Hewlett Packard [U.S.]
• Canon [Japan]
• Seiko Epson Corporation [Japan]
• Xaar plc [U.K.]
• Konica Minolta [Japan]
• SII Printek [Japan]
• Trident [India]
• Kyocera [Japan]
• Toshiba TEC Corporation [Japan]
• Ricoh [Japan]
• Fujifilm Dimatix [Japan]

REPORT COVERAGE

This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.