Ricoh ranked #1 for market share in U.S. continuous feed inkjet and #1 for market share in high-speed continuous feed inkjet globally
May 31, 2024
Summary
Portfolio of world’s best-selling inkjet solutions on display at drupa
Read time: 2 minutes
EXTON, PA, May 31, 2024 – Ricoh today announced it has captured the #1 market share position for Continuous Feed Inkjet Systems in the United States for 2023 and the #1 market share position for high-speed Continuous Feed Inkjet Systems globally for 2023 in the IDC Quarterly Hardcopy Peripherals Tracker (Calendar 2023).
“Ricoh's inkjet technology is based on more than 50 years of continuous research and innovation,” said Gavin Jordan-Smith, Senior Vice President and General Manager, Head of Global Sales Strategy Division & RICOH Graphic Communications North America Sales, RICOH Graphic Communications. “We continue to invest in developing comprehensive turnkey solutions that comprise our industry-leading inkjet technology, software and services, enabling our customers to seamlessly bridge the gap from offset to digital.”
The inkjet market has grown rapidly in recent years and is estimated to reach $125.9 billion by 20291, as more companies seek to address a shortage of qualified labor, rising material costs, shorter run lengths and a greater focus on sustainability.
Named the “Company to Watch Out For” at this year’s Inkjet Summit, Ricoh recently launched its flagship RICOH Pro VC80000, offering significant advancements in print speed, quality control, color management, increased production, and AI-driven analytics, automation and predictive maintenance. The Pro VC80000, the RICOH Pro Z75 – Ricoh’s newest duplexing B2 sheet-fed inkjet press – and Ricoh’s expanded portfolio of production printers will be on display at drupa, along with its latest innovations in software, services, and sustainability.
For more information on Ricoh’s commercial and production printing products and solutions, please visit: https://www.ricoh.ca/en-CA/products/commercial-industrial-printing.
1 https://www.smithers.com/services/market-reports/printing/the-future-of-inkjet-printing-to-2029, “The Future of Inkjet Printing to 2029,” Smithers, February 29, 2024.
| About Ricoh |
Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support digital transformation of workplaces, workspaces and optimize business performance.
Headquartered in Tokyo, Ricoh’s global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organizational capabilities nurtured over its 85-year history. In the financial year ended March 2024, Ricoh Group had worldwide sales of 2,348 billion yen (approx. 15.5 billion USD).
It is Ricoh’s mission and vision to empower individuals to find Fulfillment through Work by understanding and transforming how people work so we can unleash their potential and creativity to realize a sustainable future.
For further information, please visit www.ricoh.com
###
© 2024 Ricoh USA, Inc. All rights reserved. All referenced product names are the trademarks of their respective companies.
| Media Contacts |
Ricoh USA, Inc. | Porter Novelli for Ricoh USA |
