09/03/2024 | Press release | Distributed by Public on 09/03/2024 08:45
Fairfield, NJ - Kyocera Document Solutions America, Inc., one of the world's leading document solutions companies, is delighted to share that it is a market leader in high-speed cut sheet inkjet production print, according to the latest quarterly data from IDC, the premier global market intelligence firm.
Kyocera commands a substantial 34.5% market share, making the inkjet manufacturer stand out as a pioneer in its market category. It is one of only two manufacturers whose performance has shown growth over the last four quarters total (2023 Q3 - 2024 Q2) in this space, achieving an overall growth of 5.3% vs the same period last year.
In the second quarter of 2024, the Total Production High Speed Inkjet Market experienced a decline of 25.5%, leading to an overall decline of 11.2% over the last four quarters total. Despite this market decline, Kyocera has shown resilient growth, underpinning its place as a major player in inkjet innovation.
This milestone underscores Kyocera's commitment to excellence in the printing industry. By consistently delivering high-quality, reliable, and efficient printing solutions, Kyocera has earned the trust and loyalty of customers worldwide.
In fact, Kyocera's cut sheet inkjet press, the TASKalfa Pro 15000c, has been No. 1 in the market for the last three quarters, significantly outweighing its major competitors in market share.
"The TASKalfa Pro 15000c is the undisputed king of the cut sheet inkjet market, consistently outperforming other commercial printers on the scene, and leading the charge on sustainable, efficient, and reliable inkjet innovation in production print," says Dustin Graupman, Senior Director of Kyocera's Inkjet Division.
Kyocera's TASKalfa Pro 15000c offers an affordable entry point into the commercial printing market to small and medium-sized businesses, providing a great return on investment (ROI) and low total cost of ownership (TCO). It is energy-efficient and enjoys exceptionally high uptime of over 90%. The press is capable of printing 146 images per minute both in black and white and in color with no slow down for duplex. Commercial printers have reported monthly outputs of over a million prints with the Pro. It generates excellent quality results, at 600 x 600 dpi or 600 x 1200 dpi, and offers a wide range of media handling for diverse outputs.
This confirms that inkjet is a crucial pillar for our business growth."
"This information from IDC about Kyocera's No. 1 position in the high speed cut sheet inkjet market confirms our vision of inkjet as a crucial pillar for business growth," Says Oscar Sanchez, President and CEO of Kyocera Document Solutions America. "Our company has a proud heritage in inkjet going back 20 years to when we began innovating printheads that are now widely used across the market. Kyocera has always been and continues to be a visionary, passionate pioneer in inkjet technology, developing solutions to meet the changing needs of our customers. We are excited to continue this trend and lead the way into a sustainable future of inkjet in commercial print."
The data from IDC reflects Kyocera's dedication to meeting the evolving needs of the market and setting new standards in the commercial printing industry.
"We would like to thank our fantastic commercial printing team for their dedication to excellence and refusal to stand still when it comes to inkjet innovation. At Kyocera, we wrestle in the center of the ring, and we will continue to shoot for the stars in the inkjet market and beyond," concludes Sanchez.
Kyocera will be at the PRINTING United Expo 2024 at the Las Vegas Convention Center from September 10th-12th to demonstrate the power of its inkjet lineup. Visit the Kyocera booth at C2175 to discover the market leader in cut sheet inkjet production printing for yourself. Attendees will see first-hand the quality of Kyocera's print samples and gain valuable insights into the future of inkjet. If you want to stay up to date in the inkjet scene, you don't want to miss it.
About Kyocera Document Solutions America, Inc.
Kyocera Document Solutions America, Inc. is a group company of Kyocera Document Solutions Inc., a global leading provider of total document solutions based in Osaka, Japan. The company's portfolio includes reliable and eco-friendly MFPs and printers, as well as business applications and consultative services which enable customers to optimize and manage their document workflow, reaching new heights of efficiency. With professional expertise and a culture of empathetic partnership, the objective of the company is to help organizations put knowledge to work to drive change.
Kyocera Document Solutions Inc. is a group company of Kyocera Corporation (Kyocera), a leading supplier of industrial and automotive components, semiconductor packages, electronic devices, smart energy systems, printers, copiers, and mobile phones. During the year ended March 31, 2024, the company's consolidated sales revenue totaled 2 trillion yen (approx. US$13.3 billion). Kyocera is ranked #672 on Forbes magazine's 2023 "Global 2000" list of the world's largest publicly traded companies, and has been named among "The World's 100 Most Sustainably Managed Companies" by The Wall Street Journal.