Photographic And Photocopying Equipment
Machinery

Global Photographic And Photocopying Equipment Market Outlook, Opportunities And Strategies

Learn about the global photographic and photocopying equipment market through The Business Research Company, which provides information on photographic and photocopying equipment market size, photographic and photocopying equipment market drivers and restraints, photographic and photocopying equipment market players, the COVID-19 impact on the photographic and photocopying equipment market, and more.      

The global photographic and photocopying equipment market is expected to grow from $23.31 billion in 2020 to $24.33 billion in 2021 at a compound annual growth rate (CAGR) of 4.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $30.58 billion in 2025 at a CAGR of 6%.

The photographic and photocopying equipment manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries.

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The photographic and photocopying equipment market consists of sales of photographic and photocopying equipment by entities (organizations, sole traders and partnerships) that produce photographic and photocopying equipment such as cameras (except television and video), projectors, film developing equipment, photocopying equipment, and microfilm equipment.

Global Photographic and Photocopying Equipment Market Segments Include:

By Type: Cameras (Except Television And Video), Projectors, Photocopying Equipment, Other Photographic And Photocopying Equipment

By Application: Household, Commercial

By Capacity: Small, Medium, Large

By Operation: Autonomous, Semi-autonomous, Manual

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe was the largest region in the global photographic and photocopying equipment market, accounting for 46% of the market in 2020.

Projector manufacturers are offering laser projectors to customers seeking energy efficient equipment that offer high quality images. Laser projectors use laser light source whereas traditional projectors use xenon lamps. Laser projectors offer high quality images, vivid color reproduction, and 20000 hours of maintenance-free operation. Laser projectors are comparatively energy efficient, and last longer than lamp-based projectors. Laser projectors are widely used in business presentations, home theatre systems, gaming, and movie screening. Due to these benefits, laser projectors are one of the fastest growing segments of the projector market.

TBRC’s photographic and photocopying equipment market report covers:

Major Market Players: Canon Inc, Xerox Corporation, Avid Technology Inc, X-Rite Incorporated, Ricoh Electronics.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Photographic And Photocopying Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides photographic and photocopying equipment market overviews, analyses and forecasts market size, share, photographic and photocopying equipment market players, photographic and photocopying equipment market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s photographic and photocopying equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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