Infotech Lead India: Total end user spending on serial inkjet and page printer, copier and multifunction product (MFP) grew to $208.1 million in second quarter, up 35 percent.
The combined serial inkjet and page printer, copier and multifunction product (MFP) market in India totaled 715,202 units in the second quarter of 2012, up 6.8 percent from the second quarter of 2011.
“MFP growth in India has been driven by the Banking, Financial Services and Insurance, Education and Government sectors,” Amrita Choudhury, research analyst at Gartner.
Print vendors introduced new models in the market, especially in the 11-20 ppm, 21-30 ppm, and 31-40 ppm segment. Serial inkjet and page technology for both color and monochrome printers and MFPs were well received. The market gained some traction in the high speed segment, often used by large publishing houses or organizations to print their outbound communications e.g. brochures, marketing collaterals, etc.
HP leads the printer, copier and MFP market in India with 51 percent share in the second quarter of 2012, followed by Canon with 23 percent market share. Both Epson and Samsung accounted for 8 percent of shipments.
India Printer, Copier and MFP Unit Shipment Estimates, 2Q12 (Thousands of Units)
|Vendors||2Q12 Shipments||2Q12 Market Share (%)||2Q11 Shipments||2Q11 Market Share (%)||2Q12-2Q11 Growth (%)|
Note: Totals may not add up to 100 percent due to rounding
Source: Gartner (August 2012)
The Page A4 MFP segment grew 54.1 percent in the second quarter of 2012.The top three providers in the segment are HP with 48.2 percent market share, followed by Samsung with 22.7 percent market share, and Canon with 13.7percent market share.
The Page A3 MFP segment increased 31.7 percent compared to the second quarter of 2011.Canon led the market with 28.9 percent market share, followed by Konica Minolta with 19.7 percent, and Ricoh at 12.8 percent market share compared to the second quarter of 2011.
The page printer market grew 2.1 percent. HP dominated the market with 48.8 percent market share, followed by Canon at 34.7 percent market share, and Samsung with 10.1 percent market share in second quarter of 2012.
Although the printer market is primarily dominated by monochrome printers, color printer adoption grew 4.1 percent coming from the home market, and 2 percent in monochrome printers due to sales in the small and mid sized business, compared with the second quarter of 2011.
The inkjet printers market declined 7.2 percent compared to the second quarter of 2011. HP witnessed a shipment decline of 23.6 percent, and accounted for 50.8 percent of the market. Epson had a shipment decline of 8.8 percent, and had 30 percent market share. Canon improved its shipments in the inkjet division and had a growth rate of 136 percent compared to the second quarter of 2011, contributing to 18.8 percent of market share.