Q3 worldwide hardcopy peripheral shipments up

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International Data Corp.’s (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker reported that the worldwide hardcopy peripherals market returned to 2008 shipment levels on double-digit year-over-year growth in Q3 2010 (Q310).

Total market shipments in Q310 were up 13% over Q3 2009 (Q309) figures while shipment value increased 17%, or $14.3 billion. Monochrome laser multifunction printers (MFPs) saw higher growth than color laser MFPs, 38% versus 21% respectively, compared to Q309. It was the second consecutive quarter where monochrome laser printers, 35% year-over-year growth, outperformed color laser MFPs by more than 5%.

The U.S. represented the second largest region in the overall hardcopy peripherals market, based on shipments with more than 6.8 million units. There was modest growth of 3% for Q310 compared to Q309. The biggest gain for the region was stronger year-over-year growth in laser technology, 14% versus 1% for inkjet.

Technology highlights from the Worldwide Quarterly Hardcopy Peripherals Tracker:

  • Inkjet devices continued to lead in the overall hardcopy peripherals market with close to 20 million units shipped, a 6% increase from Q309.
  • The laser market grew 32% year-over-year to more than 9.5 units in Q3.
  • Monochrome laser increased 35% compared to Q309, resulting in 84% share of the total laser space. There was significant growth in Q310 for both printers and MFPs, 35% and 38%, respectively.
  • Posting impressive growth, 18%, in Q3, the color laser market ended the quarter with 16% market share in the total laser space, losing less than 1 point from 2Q2010. Inching close to printer share, MFP devices represent 46% of the color laser sector.

Hardcopy peripheral vendors HP, Canon and Epson, garnered the first, second and third spots, respectively. HP shipped 13.4 million units, worldwide, resulting in 44% market share in Q310. Canon was a distant second with about 5.4 million shipped and 17% market share while Epson garnered a 14% market share with shipments approaching 4.4 million units in Q310.

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