Inkjet printhead market and technology trends 2016 - Yole

1 From Technologies to MarketReportFrom Technologies to market 2016 Inkjet printheadmarketand technologytrends 20162 TABLE OF CONTENTS 2016 | | Inkjet printhead market and technology trends 2016oReport objectivesand scope4oDefinitions & Methodology6oExecutive and modulesDigital printing vs. AnalogMEMS technology for digitalprintingPiezo& Thermal ejection techniquesSingle passprinting3D forecast53 MEMS Players market shareMarket segmentation2014-2021 volume shipment forecast by segment2014-2021 market forecast by segment2014-2021 revenue forecastby technology (Piezo Thermal)Breakdownbetween disposable and permanent printheadsGlobal MEMS printheadmarket chain organizationTrendsin the supply chain and trends71 Global printing applicationsoverviewGlobal application trendsConsumer market trendsOfficemarket trendsLargeformat & Wide format market trendsIndustrial& commercial printing (Document, textiles, printed electronics, Medical-dispensing, )

2 Focus 3D trends112 Thin-FilmPZTS ingle-passprintheadTechnology profiles (HPInc., Epson, Fujifilm Dimatix) OBJECTIVES AND SCOPEThe objectives of thisreport are the following:ProvideanunderstandingofMEMS printheadmarketevolutionUnitshipmentsand revenuesgeneratedinprintingindustryMEMS printheadplayermarketshareClarifythediff erentmarketsegmentsandapplicationsUnders tandingofprintheadmarketsegmentationbyty peofprintheaddevicesMarketinformationand marketsharebysegmentOfferaclearunderstan dingofeachmarketsegment strends,drivers,andissuesFocusonindustri alsegmentandrelatedapplicationsDetaileda nalysisofprintheadrequirementsbyapplicat ionsDeliverkeyinformationonMEMS printheadplayersChanges in supply chain organizationNew project per playersDiscussMEMS technologytrendsforprintheaddevicesFocus onthemostadvancedtechnologies 2016 | | Inkjet printheadmarketand technologytrends 20164 Inkjet HEADEJECTIONTECHNOLOGYBREAKDOWNM ajor manufacturersMEMS printheadplayerlandscapeisexpectedto increasein the 3 comingyearsNon-MEMS basedContinuousDrop-On-DemandThermalPiez oInkjet head ejection technologyMEMS projects5 MEMS TECHNOLOGIESD efinition& contextWhatisconsideredas MEMS devices?

3 MEMS(MicroelectromechanicalSystems) Definitionforthereport:weconsiderMEMS asdevicesthatincludemovingparts(orfluids )inthe mtommrangeanduseaphotolithographyprocess formanufacturing. Definition:aMEMS printheadisacompleteinkjetejectiondevice manufacturedwithfollowingfeatures Actuator+inkpass+nozzlesplate. Printheadmanufacturingusingsemiconductor waferlevelmicromachiningtechniquesthatal lowserialproduction=>multiplechipsmanufa cturedinthesametime. Exampleofinkjetprinthead:EpsonPrecisionC oreheadsorFujifilmDimatixSambahead TherearesomehybridMEMS devicesthatusesiliconmicromachiningforap ortionoftheprinthead(actuator,nozzles,in kpass).Examples:Ricoh,Panasonic,HPScitex X2,Konica. 2016 | | Inkjet printhead market and technology trends 2016 Micro-injectorarray Source: hong-KongUniversityof Sciences & TechnologiesMicro-machined printhead Source.

4 Ricoh6 DROP-ON-DEMANDINKJET PRINTHEADPIONNEERSF romconsumer to industrialrequirements 2016 | | Inkjet printheadmarketand technologytrends 2016 DevelopmentphaseHybridMEMS printheadFullyphoto-lithographyprocess10 0% MEMS printheadLarge formats graphicarts197019801990200020102020 Single-passMEMS printheadsEpson Micro PiezotechnologydevelopmentCanon concept of thermal ejectionConsumer marketCAD & GraphicsEraof the dot Matrix printer (non- Inkjet )Increasedflexibility(letters & drawing)Betterresolution(up to 600 dpi)HP disposableprintheadwithNozzleplate (Nickel attachedto silicondie)Canon Thermal FINE (Full LithographyNozzleEngineering) technologyEPSON PiezoPrecisionCoreThinFilm technologyHigherejectionqualityBetterdro p controlResolution(up to1200 dpi)SMB business & photo printerDirect to Garment(textile)High productivityNo scanningVeryhigh resolution(2400 dpi)PrintedelectronicsMEMJET printheadHP PageWideTechnology3D printersLabel printingDocument printing Web PressesWide format textile printingPackaging printer Corrugated, cartonTechnology x market Penetration7 MEMS Inkjet PRINTHEADSUPPLY CHAINWho is working with whom?

5 From 2015, the number of project to develop MEMS printheadin the Industrial sector is increasing: Konica Minolta, Oc -Canon group, Ricoh of XAAR are looking at MEMS technologies to access high resolution market like Textile printing, packaging & label, as well as 3D printing. Piezo MEMS development is more accessible due to piezo MEMS foundries : ST Microelectronics piezo MEMS foundry activity started in 2015. Other piezo MEMS foundries are Rohm, SSS, new players interested in MEMS technologies8 MEMS PRINTHEADMARKETIN VALUER eaching$1B in 2021 a +2% forecastedCAGR on the 5 nextyears 2016 | | Inkjet printheadmarketand technologytrends 2016020040060080010001200201420152016201 720182019202020212014 -2021 MEMS printheadmarketforecastin US$M valueBy marketsegmentsConsumerOfficeLarge & wide formatIndustrial & commercial9 MEMS Inkjet PLAYERSMARKETSHARESM arketsharein 2015 Thermal printheadsrepresentmore than85% of the MEMS printheadmarket WeestimateaMEMS printheadmarketof$892 Min2015,sharedby10to15companies.

6 MEMSI nkjetprintheadmarketismatureandnotsofrag mentedtoday,ledbyinternational(giant)com panies. Themajorplayersaddressingconsumermarket HP&Canon,followedbyEPSON representmorethan90%ofthemarketinvalue. Epsonhasonly8%marketsharedespitea14% (firstEpsontechnologybeforePrecionCore), thatisnotMEMS based. Severalotherplayersaresharingthe3%remain ing:Ricoh,KonicaMinolta,Kodak,MEMJET 2016 | | Inkjet printheadmarketand technologytrends 2016HP57%Canon28%Epson8%Fujifilm Dimatix2%Funai2%Others3%Total: $ 892 MSource: Yole d veloppement10 MARKETAPPLICATION DYNAMICS30+ slides of marketdescription and trendsDetailedinformation in major Inkjet segments 2015 | | Name of the report11 PIEZOELECTRIC THIN-FILM DEPOSITION TECHNIQUESP rocessesand playersSeveralinkjet playersdevelopedtheirownprocess.

7 Foundriesare alsoofferingdepositionservices for Inkjet printheads 2016 | | Inkjet printheadmarketand technologytrends 2016 CSD Chemical Solution Techniques CVDC hemical Vapor Deposition PVDP hysical Vapor Deposition MOCVDS putter depositionPulsed Laser deposition (PLD)EbeamPVDE pitaxyPECVDWetDrySpin coatingDip coatingSpray coating, LSMCDE vaporative depositionLPCVDI nkjet Printing (Ricoh) 12 THINFILM PZT DEPOSITIONCAPABILITIESF ocus on STMicroelectronics development STMicroelectronics,withPartners,develope dcapabilitiestoprocessnon-CMOS materialsforinnovativeMEMS devicesproduction. STMicroeletronicsisreadytoofferPZTdeposi tionservices. MajorSTachievementslinkedtoIndustrialMEM SP rintheads: Highresolution:1200dpi 55 mnozzlepitch Dropletsizeof3pL Scalabilityofthedesign Manufacturingcost<0,5$/nozzle 2016 | | Inkjet printheadmarketand technologytrends 2016 Courtesyof STMicroelectronics Project Lab4 MEMSS urface deplacementmeasurement-Courtesyof STMicroelectronics Project Lab4 MEMSF ullyintegratedprofessionalinkjet printheadDemonstrator on professional MEMS printheadusing thin film PZT ready for custom productionORDER FORMI nkjet printhead market & technology trends 2016 SHIPPING CONTACTF irst Name:Email:Last Name:Phone:PAYMENTBY CREDIT CARD Visa Mastercard AmexName of the Card Holder: Credit Card Number.

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9 All reports are delivered electronically at payment reception. For French customers, add 20% for VAT I hereby accept Yole D veloppement s Terms and Conditions of Sale(1)Signature:*One user license means only one person at the company can use the in 1998, Yole D veloppement has grown to become a group of companies providing marketing, technology and strategy consulting, media in addition to corporate finance services. With a strong focus on emerging applications using silicon and/or micro manufacturing ( technology or process), Yole D veloppement group has expanded to include more than 50 associates worldwide covering MEMS, Compound Semiconductors, LED, Image Sensors, Optoelectronics, Microfluidics & Medical, Photovoltaics, Advanced Packaging, Manufacturing, Nanomaterials and Power Electronics.

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