Summary

Overview
Global Hybrid Printing Equipment Market reached US$ 5.5 Billion in 2023 and is expected to reach US$ 15.1 Billion by 2031, growing with a CAR of 13.7% during the forecast period 2024-2031.
The market for hybrid printing equipment is expanding as a result of the growing need for on-demand and short-run printing. It is sometimes difficult for traditional printing techniques to provide bespoke prints or modest amounts of print work quickly enough. Because hybrid printing technology combines digital and analog processes, it can create changeable data prints at a reasonable cost and allows for fast work changes.
The market for hybrid printing equipment is expanding due to its unmatched flexibility and adaptability. Paper, plastics, metal, textiles and other substrates may all be printed on with these systems by fusing digital and conventional printing methods. Businesses can accommodate a variety of applications, from labels and packaging to signs and promotional items, by easily transferring between multiple printing technologies.
Asia-Pacific is among the growing regions in the global hybrid printing equipment market covering more than 1/3rd of the market. The Asia-Pacific demand for hybrid printing solutions has been fueled by consumers' growing knowledge of and preference for personalized and aesthetically pleasing items. Packaging, labels and promotional materials may all be produced with superior quality and personalization because of hybrid printing equipment's ability to seamlessly combine digital and conventional printing techniques.
Dynamics
Increasing Use of Hybrid Printing Equipment in the Automotive Sector
The automotive sector has observed growth in the use of hybrid printing technology, especially in the creation of personalized interior parts. Consumer choices in the automobile business are increasingly influenced by interior design and customization. With hybrid printing, complex patterns, textures and logos may be printed with accuracy and quality on a variety of interior surfaces, such as dashboards, panels and trims.
For Instance, in 2023, US metal 3D printer manufacturer Additec launched its latest model, the Hybrid 3, at Formnext 2023. The cutting-edge 3D printer incorporates liquid metal jetting (LMJ), laser-directed energy deposition (LDED) and CNC capabilities into a single platform. With a primary focus on automotive applications, the Hybrid 3 boasts a 0.5 mm LMJ resolution and an impressive 4 kg/hr LDED deposition rate. Featuring dual additive processing heads, it enables multi-material metal 3D printing and is currently compatible with materials such as iron, nickel, aluminum and copper alloys.
Technological Advancements in Digital Printing
The global market for hybrid printing equipment is growing as a result of significant advancements in digital printing technology. Hybrid printing systems function better and are more efficient because of the ongoing advancements in digital printing, such as printhead technology, ink formulas and color management. Benefits like flexible data printing, rapid changeovers and less waste are provided by digital printing, which is in line with a growing demand in the sector for low-cost and green solutions.
For Instance, in 2024, Electronics For Imaging, Inc. introduced the EFI VUTEk h3+ and VUTEk h5+ hybrid flatbed/roll-fed LED printer series, showcasing upgraded printing and media handling capabilities. The new printer models represent an enhanced iteration of the high-volume, superwide-format hybrid VUTEk h series platform. The refinements implemented in the VUTEk h+ series are designed to elevate overall performance, encompassing improvements in productivity, print quality, reliability, capabilities and profitability for users.
Technical Difficulty and Essential Capabilities
The global market is severely constrained by the technological complexity of hybrid printing equipment. Expertise and proficiency are needed to integrate several printing technologies, including digital and conventional techniques. A lack of qualified workers might be caused by the difficulty of managing and maintaining these systems, especially in areas or sectors with a dearth of expertise in technology.
The restriction may make it harder for companies employing hybrid printing solutions to run their operations, which might disrupt operations and reduce production efficiency. To close the skill gap and guarantee the efficient use of hybrid printing equipment, thorough training programs, and user-friendly interfaces could be required.
Limited Initial Investment Cost
The main barrier that limits the globally industry is the expensive initial investment needed for hybrid printing equipment. Digital-to-traditional printing requires sophisticated and specialized components, which raises the initial expenses. For medium-sized enterprises (SMEs) and companies with low capital resources, this financial barrier presents a serious obstacle. A slower adoption rate may arise from these prices' exorbitant character, which would restrict the spectrum of enterprises that may use hybrid printing solutions.
The large upfront investment acts as a barrier during hard times economically or in sectors of the economy where capital spending is strictly monitored. Businesses might delay adopting hybrid printing technologies or give priority to more affordable options, which would limit the market's potential for expansion. Manufacturers and other stakeholders must investigate new funding avenues, provide affordable hybrid printing solutions or offer incentives to promote adoption, especially among SMEs, to get around this limitation.
Segment Analysis
The global hybrid printing equipment market is segmented based on product, component, printing substrate, technology, application and region.
Rising Demand for UV Inkjet Printing in Printing Applications
The UV inkjet printing segment is among the growing regions in the global hybrid printing equipment market covering more than 1/3rd of the market. UV inkjet printing's capacity to provide brilliant, long-lasting prints with quick curing periods is one of its main benefits. Because of its speed and effectiveness, UV inkjet printing is appropriate for high-volume and on-demand printing applications, which fits perfectly with the expanding trend of customized and short-run printing demands across a variety of industries.
Because UV inkjet printing offers more adaptability and compatibility with a broad range of substrates, including paper, plastics and metals, its rise has been a major driving force in the global market for hybrid printing equipment. Due to its versatility, hybrid printing equipment using UV inkjet technology is becoming more and more in demand for use in packaging, labels, signs and other sectors.
Geographical Penetration
Increasing Developments and Demand for Creative and Visually Appealing Products in Asia-Pacific
Asia-Pacific has been a dominant force in the global hybrid printing equipment market driven by the growing adoption of digital printing technologies and an increasing demand for creative and visually pleasing packaging solutions driving the Asia-Pacific market. As companies want to increase security and cooperation, cloud-based printing solutions are becoming more and more popular in Asia-Pacific.
Advancements in print head and ink formulation technologies have enhanced hybrid printer performance, color gamut and print speed, making them more effective and competitive. Ricoh Asia-Pacific Pte Ltd. (Japan) announced the release of the Pro VC7000 hybrid printer in February 2022. The printer has a printhead that can switch between producing inkjet and toner. For instance, the printer can create excellent prints on a range of materials, such as paper, plastic and fabrics.
The Asia-Pacific demand for hybrid printing solutions has been fueled by consumers' growing knowledge of and preference for customized and visually appealing items. Packaging, labels and promotional materials may all be produced with superior quality and customization because of hybrid printing equipment's ability to seamlessly combine digital and conventional printing techniques. The has shown to be especially helpful for sectors including retail, where distinctive packaging may raise customer awareness of brands and increase consumer interaction.
COVID-19 Impact Analysis
The global market for hybrid printing equipment has been significantly impacted by the COVID-19 outbreak. A decrease in production and a reduction in the market for printing equipment resulted from the pandemic's rapid and broad disruptions, which included lockdowns, disturbances in the supply chain and economic uncertainty. The general dynamics of the market were impacted by the numerous companies that suspended or abandoned their investment plans, particularly those in non-essential industries.
Companies like publishing and advertising, which are big users of printing technology, including hybrid solutions, were also hurt by the transition to remote work and portability limitations. The pandemic's impact on the market situation was largely determined by supply chain disruptions. Obtaining parts and raw materials proved to be difficult for manufacturers, which resulted in higher manufacturing costs and delays.
Additionally, the industries' resistance to investing in new printing technology was influenced by their cautious approach and the uncertainty surrounding the scope and length of the epidemic. Positively, there may have been a spike in demand for some hybrid printing applications, such as packaging and labeling, as a result of the pandemic's emphasis on e-commerce and the necessity for effective packaging solutions.
The market for hybrid printing equipment saw adjustments to the new normal as circumstances changed. The necessity for flexible and agile printing processes, the pace of digital transformation initiatives and the focus on contactless solutions all intensified. With their capacity to blend digital and conventional printing techniques, hybrid printing technologies would have drawn interest from companies looking for flexible and adaptive ways to deal with the pandemic's problems.
Russia-Ukraine War Impact Analysis
The dispute between Russia and Ukraine may affect the global market for hybrid printing supplies in some ways. The manufacture and delivery of parts for printing equipment may be impacted by shortages in the supply chain driven by political disputes. Manufacturers may experience higher expenses and longer lead times as a result, which would affect the global availability of hybrid printing solutions.
Furthermore, the conflict's uncertainties may force companies to reconsider their investment choices, which might result in a reduction in capital spending on printing technologies including hybrid solutions. Moreover, the war's economic effects can have an impact on market dynamics. The region's and the world's economic volatility may have an impact on consumer confidence and purchasing power, which might change demand for hybrid printing supplies.
The Russian and Ukrainian markets provide unique problems to companies operating in or closely associated with them and their integration of economies may cause a knock-on impact on the global market as a whole. The length and intensity of the war, as well as the geopolitical and diplomatic reactions of other countries, will determine how much of an influence these factors play.
By Product
• UV Inkjet Printing
• Water Based Printing
• Solvent Printing
• LED Curable
• Dye Sublimation
• Others
By Component
• Hardware
o Printers
o Printheads
o Ink Delivery Systems
o Dryers
o Others
• Software
• Services
By Printing Substrate
• Paper
• Plastic
• Metal
• Glass
• Textiles
• Others
By Technology
• Digital-to-analog Hybrid Printing
• Analog-to-digital Hybrid Printing
By Application
• Labels and Packaging
• Security Printing
• Decorative Printing
• Functional and Industrial Printing
• Commercial Printing
• Publishing
• Advertising
• Textiles
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Russia
o Rest of Europe
• South America
o Brazil
o Argentina
o Rest of South America
• Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
o Middle East and Africa
Key Developments
• On February 08, 2024, Onward Display acquired an EFI Pro 30h UV LED hybrid printer from CMYUK, enhancing its in-house capabilities for soft signage and textile printing. The 3.2-meter-wide, state-of-the-art printer is a major improvement over Onward Display's previous manufacturing capabilities. The new printer is strategically placed at Onward Display's location within The Business Design Centre (BDC) in Islington. Over time, the firm has made a name for itself as a preferred print and signage partner.
• On February 14.2024, Electronics For Imaging, Inc. introduced the EFI VUTEk h3+ and VUTEk h5+ hybrid flatbed/roll-fed LED printer series, showcasing upgraded printing and media handling capabilities. The new printer models represent an enhanced iteration of the high-volume, superwide-format hybrid VUTEk h series platform. The refinements implemented in the VUTEk h+ series are designed to elevate overall performance, encompassing improvements in productivity, print quality, reliability, capabilities and profitability for users.
Competitive Landscape
The major global players in the market include FUJIFILM Holdings America Corporation, HP Inc.,Bobst, Electronics For lmaging, Seiko Epson Corporation, Koenig & Bauer Durst GmbH, KTK, Heidelberger Druckmaschinen AG, Xeikon and Kento Digital Printing.
Why Purchase the Report?
• To visualize the global hybrid printing equipment market segmentation based on product, component, printing substrate, technology, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of hybrid printing equipment market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The global hybrid printing equipment market report would provide approximately 78 tables, 83 figures and 236 Pages.
Target Audience 2024
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

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Table of Contents

Table of Contents
1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet by Product
3.2. Snippet by Component
3.3. Snippet by Printing Substrate
3.4. Snippet by Technology
3.5. Snippet by Application
3.6. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. Increasing Use of Hybrid Printing Equipment in the Automotive Sector
4.1.1.2. Technological Advancements in Digital Printing
4.1.2. Restraints
4.1.2.1. Technical Difficulty and Essential Capabilities
4.1.2.2. Limited Initial Investment Cost
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
5.5. Russia-Ukraine War Impact Analysis
5.6. DMI Opinion
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Scenario Before COVID
6.1.2. Scenario During COVID
6.1.3. Scenario Post COVID
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. By Product
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
7.1.2. Market Attractiveness Index, By Product
7.2. UV Inkjet Printing*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Water Based Printing
7.4. Solvent Printing
7.5. LED Curable
7.6. Dye Sublimation
7.7. Others
8. By Component
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Component
8.1.2. Market Attractiveness Index, By Component
8.2. Hardware*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.2.3. Printers
8.2.4. Printheads
8.2.5. Ink Delivery Systems
8.2.6. Dryers
8.2.7. Others
8.3. Software
8.4. Services
9. By Printing Substrate
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Printing Substrate
9.1.2. Market Attractiveness Index, By Printing Substrate
9.2. Paper*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Plastic
9.4. Metal
9.5. Glass
9.6. Textiles
9.7. Others
10. By Technology
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
10.1.2. Market Attractiveness Index, By Technology
10.2. Digital-to-analog Hybrid Printing*
10.2.1. Introduction
10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
10.3. Analog-to-digital Hybrid Printing
11. By Application
11.1. Introduction
11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.1.2. Market Attractiveness Index, By Application
11.2. Labels and Packaging*
11.2.1. Introduction
11.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
11.3. Security Printing
11.4. Decorative Printing
11.5. Functional and Industrial Printing
11.6. Commercial Printing
11.7. Publishing
11.8. Advertising
11.9. Textiles
11.10. Others
12. By Region
12.1. Introduction
12.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
12.1.2. Market Attractiveness Index, By Region
12.2. North America
12.2.1. Introduction
12.2.2. Key Region-Specific Dynamics
12.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
12.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Component
12.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Printing Substrate
12.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
12.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
12.2.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.2.8.1. U.S.
12.2.8.2. Canada
12.2.8.3. Mexico
12.3. Europe
12.3.1. Introduction
12.3.2. Key Region-Specific Dynamics
12.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
12.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Component
12.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Printing Substrate
12.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
12.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
12.3.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.3.8.1. Germany
12.3.8.2. UK
12.3.8.3. France
12.3.8.4. Russia
12.3.8.5. Spain
12.3.8.6. Rest of Europe
12.4. South America
12.4.1. Introduction
12.4.2. Key Region-Specific Dynamics
12.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
12.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Component
12.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Printing Substrate
12.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
12.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
12.4.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.4.8.1. Brazil
12.4.8.2. Argentina
12.4.8.3. Rest of South America
12.5. Asia-Pacific
12.5.1. Introduction
12.5.2. Key Region-Specific Dynamics
12.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
12.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Component
12.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Printing Substrate
12.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
12.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
12.5.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.5.8.1. China
12.5.8.2. India
12.5.8.3. Japan
12.5.8.4. Australia
12.5.8.5. Rest of Asia-Pacific
12.6. Middle East and Africa
12.6.1. Introduction
12.6.2. Key Region-Specific Dynamics
12.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
12.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Component
12.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Printing Substrate
12.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
12.6.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
13. Competitive Landscape
13.1. Competitive Scenario
13.2. Market Positioning/Share Analysis
13.3. Mergers and Acquisitions Analysis
14. Company Profiles
14.1. FUJIFILM Holdings America Corporation*
14.1.1. Company Overview
14.1.2. Product Portfolio and Description
14.1.3. Financial Overview
14.1.4. Key Developments
14.2. HP Inc.
14.3. Bobst
14.4. Electronics For lmaging
14.5. Seiko Epson Corporation
14.6. Koenig & Bauer Durst GmbH
14.7. KTK
14.8. Heidelberger Druckmaschinen AG
14.9. Xeikon
14.10. Kento Digital Printing
LIST NOT EXHAUSTIVE
15. Appendix
15.1. About Us and Services
15.2. Contact Us