Wilmington, Delaware, United States, July 06, 2023 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – The global copier market is forecast to register impressive growth from 2023 to 2031, registering a CAGR of 3.9% to reach a valuation of US$ 19.7 billion, according to a recent study published by Transparency Market Research.
Copier machine is an important tool for any office or business. It is an electronic device used to make multiple copies of a document or image. Copy machines use a combination of light, heat, and static electricity to reproduce the content onto a separate sheet of paper.
Some copier machines offer additional features such as printing, scanning, and faxing, making them versatile and multifunctional devices. The cost of a copier machine varies depending on its features and size.
Copier machines have become an essential tool in offices, schools, and other business settings, as they provide a quick and efficient means of reproducing documents without the need for handwriting or manual duplication.
Copier machines are becoming increasingly user-friendly, with several models offering features such as automatic document feeders and wireless printing capabilities. Therefore, businesses of all sizes, from home businesses to large corporate offices, are finding that copier machines are an essential part of their operations.
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Market Snapshot:
Report Coverage | Details | |
Market Revenue | US$ 8.2 Bn | |
Estimated Value | US$ 19.7 Bn | |
Growth Rate – CAGR | 3.9% | |
Forecast Period | 2023-2031 | |
No. of Pages | 160 Pages | |
Market Segmentation | By Type, Technology, Output, Paper Size, No. of Copies, End-use Industry, Distribution Channel | |
Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa, South America | |
Companies Covered | Brother International Private Ltd., Canon Inc., Dell Inc., Epson, HP Development Company, L.P., KYOCERA Corporation, Lexmark International, Inc., Ricoh, Sharp Corporation, Xerox Corporation, Other Key Players |
Key Takeaways from the Market Report
Global Copier Market: Key Growth Drivers & Trends
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Global Copier Machines Market: Regional Outlook
Competitive Landscape
The global industry is highly stagnant and competitive, with the presence of various global and regional players including Brother International Private Ltd. Canon Inc. Dell Inc. Epson, HP Development Company, L.P. KYOCERA Corporation, Lexmark International, Inc. Ricoh, Sharp Corporation, and Xerox Corporation.
Key players in the copier market report have been profiled based on various parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments. Major companies are investing significantly in the R&D of new products to expand their product portfolio. They are also adopting collaboration, partnership, and M&A strategies to broaden their customer base.
Key Developments
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Key Segments Profiled
Type
Technology
Output
Paper Size
No. of Copies
End Use Industry
Distribution Channel
Region
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We take great pride in our service and feel that this is the secret ingredient for our continued growth and success. Hub Copier Rental (Copitex Business Machines) wants to be a partner with your company in giving you total quality from an award winning support team.
We have been in business over 15 years and have had over 2500 happy customers including The Four Seasons Hotel, The White House, ABC Sports and more! We would be happy to provide you with a list of references.
I was moving into temporary office space and needed a copier in a hurry. The folks at Hub Copier Rental had a copier there the same day and at an amazing price!.
~Mike Setak, Attorney at Law