Canon the only print vendor to see growth in Q3

Overall market sees decline despite Canon performance

Canon was the only vendor in the print device market to see unit shipment growth in Q3, according to IDC figures.

The top five vendors in the space were HP Inc, Canon, Epson, Brother and Kyocera.

The print devices analysed include single-function printers, multifunctional systems and single-function digital copiers.

HP held its position at the top of the pile, with 40.8 per cent of the market share.

Canon retained second place on the list, with 21 per cent of the market share.

It experienced year-on-year shipment growth of 7.7 per cent to 5.3 million units, the only vendor in the top five to report growth for the quarter.

IDC stated that the US market was a "key contributor" to Canon's growth, delivering a 41 per cent expansion in the laser market.

Approximately 25 million printer device units were shipped in the third quarter of 2018, representing a 1.2 per cent decline year on year.

IDC reported that inkjet unit shipments fell 1.5 per cent year on year in Q3, with laser unit shipments experiencing a decline of less than one per cent over the same period.

Colour laser devices grew 2.3 per cent year over year, boosted by strong performances from 21-20ppm and 31-44pm devices.

HP, Canon, Brother and Ricoh all recorded year-on-year expansion in this segment.