HP leads large format printer market share in Q3, says IDC

Networking vendor HP is leading the large format printer market share in the third quarter of 2013, said IDC.

IDC says the large format printer market rose 6.2 percent year over year with 77.7 thousand units shipped in the third quarter of 2013. IDC quantified the total 3Q13 market value at $802.8 million, an increase of 6.2 percent year over year.

Growth drivers include demand from the two largest geographic markets, the United States and Asia/Pacific (excluding Japan)(APeJ). The U.S. had year-over-year growth of 16.5 percent in units and 8.4 percent in shipment value while APeJ enjoyed a 20.9 percent gain in units and 8.4 percent in shipment value.

HP had 39.1 percent share in the large format printer market by shipping 30.5 thousand units in Q3,  which is a 1.4 percent decline year over year. The vendor posted year-over-year growth in four regional markets, including APeJ and the U.S., with 15.0 percent and 13.4 percent, respectively.

Epson grew 13.5 percent to 16.6 thousand units shipped, resulting in 21.4 percent share. This performance was driven by double-digit growth in the U.S. (51.4 percent), APeJ (34.2 percent), Japan (22.4 percent), and MEA (16.8 percent).

Canon increased 12.4 percent to 16.4 thousand units and 21.1 percent share. Canon had an increase in all regions except for Western Europe. The top three regions in terms of year-over-year growth were Central & Eastern Europe (CEE) at 46.7 percent, APeJ at 35.5 percent, and Canada at 17.3 percent.

HP Officejet 7110 Wide Format

Roland strengthened its position as the number four vendor in the worldwide large format printer market with 20.9 percent growth and 2.7 thousand units shipped. Other than Europe, the vendor posted gains in all other regions with MEA being the leader in terms of growth at 50.0 percent, followed by APeJ at 45.7 percent and Latin America at 45.1 percent.

Ricoh continued as the number five vendor for the third consecutive quarter with over 2 thousand units shipped and 2.6 percent share. The vendor’s shipments increased 22.1 percent. All of Ricoh’s top three regional markets expanded year over year including Japan growing at 3.8 percent, the U.S. at 45.1 percent, and APeJ at 20.4 percent.

Worldwide Large Format Printer Market, Shipment Value, Market Share, and Year-Over-Year Growth, Third Quarter 2013 (shipment values in US$ million)

Vendors 3Q13
1. HP$204.925.5 percent$194.525.7 percent5.4 percent
2. Canon$135.716.9 percent$124.716.5 percent8.8 percent
3. Epson$88.911.1 percent$74.59.9 percent19.3 percent
4. Roland$54.56.8 percent$45.26.0 percent20.6 percent
5. Mimaki$43.25.4 percent$41.85.5 percent3.2 percent
Others$275.734.3 percent$275.436.4 percent0.1 percent
Total$802.8100.0 percent$756.0100.0 percent6.2 percent

Source: IDC Worldwide Quarterly Large Format Printer Tracker, December 2013

[email protected]