Global electrophotographic printing market is expected to witness robust growth over the coming six years. Increasing usage of electrophotographic printing in the packaging industry is the key driver contributing to the market growth over the forecast period. Furthermore, increasing investments, technological advancement in the printing industry and rising acceptance levels of digital printing are the factors anticipated to enhance the growth of electrophotographic printing market.
Electrophotographic printing technology is also known as xerography or laser printing. It prints images on an imaging substrate such as glass, paper, metal, and fabrics. This technology is majorly used for commercial purpose owing to the benefits associated with it such as cost effectiveness, functioning at very high speed and ability to print on a large scale. The rate ranges from 4 PPM to 1000 PPM.
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The technological advancements resulting in increased productivity and reliability of electrophotographic printing is projected to drive the market growth. This trend is making the technique more cost effective and helps in optimization of output. In February 2016, Kodak announced the latest NEXPRESS color press printer and its next generation electrophotographic platform which is composed to deliver the highest quality print with the greatest value.
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