Companies in this industry manufacture printing machinery and equipment, including printing presses and binding machinery. Major companies include Goss International, HP, Presstek, and Xerox (all based in the US); Canon, Fuji Xerox, Komori, and Tokyo Kikai Seisakusho (Japan); and Heidelberger, Koenig & Bauer, and manroland (Germany).
Demand is driven by commercial print volume, which depends primarily on advertising and other business needs for printed material. Profitability of individual companies depends primarily on manufacturing efficiencies. Large companies enjoy economies of scale in purchasing and manufacturing. Small companies can compete effectively by serving niche markets, such as envelope printing. The US industry is concentrated: the 50 largest companies generate about 75% of revenue.
Products, Operations & Technology
Major products include printing presses (about 30% of industry revenue), binding machinery (about 10%), and related parts, accessories, and attachments.