FRAMINGHAM, MASS. — Most regional markets posted year-over-year growth during the fourth quarter of 2013 (4Q13), leading to a 4.1% over-year-year increase in the worldwide large format printer (LFP) market, according to the International Data Corporation (IDC) Worldwide Quarterly Large Format Printer Tracker. Overall shipments in the worldwide large format market grew to 82,000 units in 4Q13, an increase of 4,000 units from the third quarter. Both mature and emerging markets had positive year-over-year growth in 4Q13, at 3.6% and 4.8% respectively. Despite experiencing a strong second half, the global market finished the full year 2013 with a year-over-year decline of -1.7% in unit shipments.
"There are multiple growth opportunities in this market. For instance, improved speeds and image quality can boost aqueous sales into the technical space. Latex ink-based products will be a growth driver as well. Vendors are touting lower power consumption of this technology, and the ability to print white ink accesses applications that use transparent media," said Phuong Hang, Program Director, Worldwide Large Format Printer Tracker.
Technology Highlights
- Shipments of technical printers had their third consecutive quarter of growth in 4Q13, increasing 6.9% year over year. Technical remained the larger application segment with 49,500 units shipped and a 60% share of the total LFP market in the fourth quarter, up from 59% a year earlier. Mature markets grew by 8.4% in the quarter. For all of 2013, technical shipments increased 4.6% year over year to 110,800 units.
- Shipments in graphics applications were flat compared to a year ago. With 32,500 units shipped, this segment accounted for 40% of the overall market, down 1 point from a year ago. Emerging markets enjoyed 4.8% year-over-year increase while mature markets declined -3.2% year-over-year.
Vendor Highlights
- HP grew 3.9% year-over-over to 32,801 units shipped, resulting in 40.0% share, essentially unchanged from a year ago. HP remains the market leader in its traditional area of strength, the technical market, with more than double the share of its next competitor, Canon. HP also held its second place position in the graphics market, trailing market leader Epson.
- Canon climbed one spot from last quarter to become the number 2 vendor in the worldwide large format printers market. Canon grew 8.5% year over year to 18,247 units shipped and a 22.3% share. Canon's shipments grew year-over-year in both technical and graphics segments. Canon finished the full year 2013 with 7.5% year-over-year growth.
- Epson took the number 3 position in the global LFP market with 20.2% share, down 1 point from a year ago. The vendor declined -1.1% year over year to 16,577 units shipped. Epson ranked third in the overall technical market and continued as the leader of the graphics applications segment, with more than double the share of the next competitor, HP. The vendor declined -4.5% year over year for full year 2013.
- Roland solidified its position as the number 4 vendor in the worldwide large format printers market by growing 17.2% year over year in 4Q13, resulting in 3.7% share and 3,009 units shipped. Roland's strength is the graphics market, in which it held fourth place worldwide, unchanged from a year earlier. The vendor posted a 13.6% year over year increase for the full year 2013.
- Ricoh rounded out the top 5 vendors with 2.6% share in the overall LFP market. The vendor enjoyed significant year-over-year growth of 41.8% to 2,126 units shipped in the quarter. The technical segment remained Ricoh's main focus as the vendor does not have any shipments in the graphics market. Ricoh enjoyed year-over-year growth in all four quarters of 2013, bringing its full year result to a 24.2% increase. This is Ricoh's third consecutive year of market growth.
Worldwide Large Format Printer Shipments, Market Share, and Year-Over-Year Growth, Fourth Quarter 2013
| Vendors | 4Q13 Unit Shipments | 4Q13 Market Share | 4Q12 Unit Shipments | 4Q12 Market Share | 4Q13/4Q12 Growth | |||||||||
| 1. HP | 32,801 | 40.0% | 31,579 | 40.1% | 3.9% | |||||||||
| 2. Canon | 18,247 | 22.3% | 16,822 | 21.3% | 8.5% | |||||||||
| 3. Epson | 16,577 | 20.2% | 16,769 | 21.3% | -1.1% | |||||||||
| 4. Roland | 3,009 | 3.7% | 2,568 | 3.3% | 17.2% | |||||||||
| 5. Ricoh | 2,126 | 2.6% | 1,499 | 1.9% | 41.8% | |||||||||
| Others | 9,243 | 11.3% | 9,574 | 12.1% | -3.5% | |||||||||
| Total | 82,003 | 100.0% | 78,811 | 100.0% | 4.1% |
Source: IDC Worldwide Quarterly Large Format Printer Tracker, February 2014
In addition to the table above, an interactive graphic showing the worldwide market share of the top 5 large format printer vendors for 4Q13 and 4Q12 is available here. Instructions on how to embed this graphic into online news articles and social media can be found by viewing this press release on IDC.com.
Worldwide Large Format Printer Shipments, Market Share, and Year-Over-Year Growth, 2013
| Vendors | 2013 Unit Shipments | 2013 Market Share | 2012 Unit Shipments | 2012 Market Share | 2013/2012 Growth | |||||||||
| 1. HP | 122,848 | 39.7% | 131,721 | 41.9% | -6.7% | |||||||||
| 2. Canon | 65,892 | 21.3% | 61,269 | 19.5% | 7.5% | |||||||||
| 3. Epson | 62,830 | 20.3% | 65,782 | 20.9% | -4.5% | |||||||||
| 4. Roland | 11,120 | 3.6% | 9,786 | 3.1% | 13.6% | |||||||||
| 5. Ricoh | 8,560 | 2.8% | 6,891 | 2.2% | 24.2% | |||||||||
| Others | 38,102 | 12.3% | 39,260 | 12.5% | -2.9% | |||||||||
| Total | 309,352 | 100.0% | 314,709 | 100.0% | -1.7% |
Source: IDC Worldwide Quarterly Large Format Printer Tracker, February 2014
U.S. Large Format Printer Shipments, Market Share, and Year-Over-Year Growth, Fourth Quarter 2014
| Vendors | 4Q13 Unit Shipments | 4Q13 Market Share | 4Q12 Unit Shipments | 4Q12 Market Share | 4Q13/4Q12 Growth | |||||||||
| 1. HP | 7,758 | 42.4% | 5,909 | 38.4% | 31.3% | |||||||||
| 2. Canon | 4,327 | 23.6% | 3,686 | 23.9% | 17.4% | |||||||||
| 3. Epson | 3,988 | 21.8% | 3,819 | 24.8% | 4.4% | |||||||||
| 4. Roland | 646 | 3.5% | 602 | 3.9% | 7.3% | |||||||||
| 5. Ricoh | 602 | 3.3% | 333 | 2.2% | 80.8% | |||||||||
| Others | 990 | 5.4% | 1,044 | 6.8% | -5.2% | |||||||||
| Total | 18,311 | 100.0% | 15,393 | 100.0% | 19.0% |
Source: IDC Worldwide Quarterly Large Format Printer Tracker, February 2014
U.S. Large Format Printer Shipments, Market Share, and Year-Over-Year Growth, 2013
| Vendors | 2013 Unit Shipments | 2013 Market Share | 2012 Unit Shipments | 2012 Market Share | 2013/2012 Growth | |||||||||
| 1. HP | 26,537 | 39.4% | 24,714 | 39.3% | 7.4% | |||||||||
| 2. Canon | 17,443 | 25.9% | 15,111 | 24.0% | 15.4% | |||||||||
| 3. Epson | 14,847 | 22.0% | 14,884 | 23.7% | -0.2% | |||||||||
| 4. Roland | 2,387 | 3.5% | 2,113 | 3.4% | 13.0% | |||||||||
| 5. Ricoh | 2,235 | 3.3% | 1,576 | 2.5% | 41.8% | |||||||||
| Others | 3,974 | 5.9% | 4,434 | 7.1% | -10.4% | |||||||||
| Total | 67,423 | 100.0% | 62,832 | 100.0% | 7.3% |
Source: IDC Worldwide Quarterly Large Format Printer Tracker, February 2014
* Notes:
- IDC tracks A2-A0+ devices in the LFP market
- The LFP market includes single-function printers, as well as multifunctional systems (MFPs). Data for all vendors are reported for calendar periods.
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