A photocopier is a machine that makes paper copies of
documents and other visual images quickly and cheaply. Photocopying is widely
used in business, education, and government. The biggest differentiators in the
industry are the penetration, distribution strength and efficient
after-sales-support. The photocopier demand has been to a large extent fuelled
by the growth in the services sector, with banks and multinational companies
leading the way. The future is likely to be in developing India as a
manufacturing base and in providing comprehensive services to customers.
The industry's revenue for the year 2011 was reported
at USD 6.5 billion, with an estimated gross profit of 45.33%. Import was valued
at USD 1.0 billion from 46 countries. The industry also exported USD 2.5
billion worth of merchandise to 144 countries. Adding import value to and
subtracting export value from the industry's shipment value, the total domestic
demand for the industry in 2011 was USD 5.0 billion. The US market for
photocopiers is projected to exceed USD 1.5 million units by the year 2015.
Some of the major key players dominating the market are
Brother International Corporation, Canon U.S.A. Inc., Eastman Kodak Company,
Hewlett-Packard Company, Info Print Solutions Company, Lanier, Inc., Toshiba
America Business Solutions, Inc., Xerox Corporation and others.
There are various factors which drive the photocopiers
market such as emerging technologies, increasing government organizations and
other service industries, emerging desire for multifunctional devices, ease of
use, and growing number of offices, fast digitalization of photocopying
technologies and easier availability of such products at lesser prices.
There are some factors which restrain photocopiers
market such as other emerging, faster digital methods, reduced production of
paper and the increasingly trend of reprinting originals rather than
photocopying them.
The photocopiers market is expected to aid the
increasing number of different government organizations and service sectors
since they are the huge buyers in this market. This is encouraging the
increasing demand for high level product innovation. There is huge untapped
potential in the photocopiers market.
This market research report analyzes important market
segments, and major geographies. This report is a complete study of current
trends in the market, industry growth drivers, and restraints. It provides
market projections for the coming years. It includes analysis of recent
developments in technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review of micro
and macro factors essential for the existing market players and new entrants
along with detailed value chain analysis.
The major regions analyzed under this research study
are North America, Asia-Pacific, Europe, and the Rest of the World.
Browse All Market Research Report : http://www.transparencymarketresearch.com/
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A photocopier is a machine that makes paper copies of documents and other visual images quickly and cheaply.
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