A computer to plate printing system is an imaging technology which uses a desktop publishing application to create images and provides output on printing plates. Various advantages such as improvement in printing quality, easy production of the same plates every time, and reduction in printing cost have accelerated the computer to plate printing system market globally.
Advantages of computer to plate printing systems over conventional plate printing driving the computer to plate printing system market
Compared to conventional plate printing, computer to plate printing has various advantages. It reduces the level of transfer of film images to the printing plates, increases the sharpness and quality of image printing, and avoids the loss that occurs during film processing such as scratches in the film and variations in printing. In addition, most market vendors are continuously improving the technology which helps them to sustain in the competitive market. In 2015, FUJIFILM Corporation introduced Fujifilm Superia, an offset plate making system that helps in improving productivity and efficiency.
North America holds major share of the global computer to plate printing system market
Based on region, the computer to plate printing system market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa . North America held the dominant position in the global computer to plate the printing system market in 2018 followed by Asia Pacific. It is expected to maintain its dominance during the forecast period with the U.S., Canada driving the computer to plate printing system market in the region. Extensive adoption of 3D printing technology by various industries in North American countries have driven the computer to plate printing system market in the region.
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The Asia Pacific market is expected to rise at the highest CAGR during the forecast period. India, China, Japan, and Australia are major countries that drive the computer to plate printing system market in the region. Increasing corporate and government investment for adoption of digital platforms, and increasing demand for advanced solutions in the printing industry to attract customers and to reduce production cost and time have accelerated the computer to plate printing system market in this region.
Printers segment anticipated to account for largest share during the forecast period
Based on components, the computer to plate printing system market can be bifurcated into printers, material, software, and services. In 2018, the printers segment held the dominant position and is anticipated to retain its dominance throughout the forecast period. In addition, the software segment is expected to expand at the highest CAGR during the forecast period. Increasing demand for advanced solutions to produce innovative printing content has impacted the segment in the global computer to plate printing system market.