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Global Fax Machines Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

A facsimile (commonly referred to as a fax) is a production of an exact copy of a document by electronic scanning, and the subsequent transmission of the resulting data. Faxes are transmitted over ordinary phone lines using fax machines. In a typical fax transmission, the document to be faxed is placed in the document feeder of a fax machine and the telephone number of the destination fax machine is dialed. In a very short time, a replica of the document is received at the destination fax machine. By their very nature, faxes can contain any information that appears in written form. Although businesses usually maintain some kind of fax capability, the technology has faced increasing competition from Internet-based alternatives. In some countries, because electronic signatures on contracts are not yet recognized by law, while faxed contracts with copies of signatures are, fax machines enjoy continuing support in business. In many corporate environments, freestanding fax machines have been replaced by fax servers and other computerized systems capable of receiving and storing incoming faxes electronically, and then routing them to users on paper or via an email (which may be secured). Such systems have the advantage of reducing costs by eliminating unnecessary printouts and reducing the number of inbound analog phone lines needed by an office. The once ubiquitous fax machine has also begun to disappear from the small office and home office environments. Personal computers have also long been able to handle incoming and outgoing faxes using analogue modems or ISDN, eliminating the need for a stand-alone fax machine. These solutions are often ideally suited for users who only very occasionally need to use fax services. According to our (Global Info Research) latest study, the global Fax Machines market size was valued at USD 977.3 million in 2022 and is forecast to a readjusted size of USD 693.4 million by 2029 with a CAGR of -4.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. USA is the largest Fax Machines market with about 33% market share. Europe is follower, accounting for about 26% market share. The key players are Panasonic, Canon, BROTHER, Philips, SAMSUNG, Sharp, Ricoh, Fuji Xerox, lenovo, TOEC, Xoceco, Lexmark, HP, Muratec, Sagemcom, EPSON, kyocera, Cimsun tech, Jinheng Technology etc. Top 3 companies occupied about 40% market share. This report is a detailed and comprehensive analysis for global Fax Machines market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Fax Machines market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Fax Machines market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Fax Machines market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Fax Machines market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Fax Machines To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Fax Machines market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Panasonic, Canon, BROTHER, Philips and SAMSUNG, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Fax Machines market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Laser Fax Machine Inkjet Facsimile Machine Thermal Transfer Fax Machine Market segment by Application Office Government Household Others Major players covered Panasonic Canon BROTHER Philips SAMSUNG Sharp Ricoh Fuji Xerox Lenovo TOEC Xoceco Lexmark HP Muratec Sagemcom EPSON Kyocera Cimsun tech Jinheng Technology Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa) The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Fax Machines product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Fax Machines, with price, sales, revenue and global market share of Fax Machines from 2018 to 2023. Chapter 3, the Fax Machines competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Fax Machines breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Fax Machines market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029. Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War. Chapter 13, the key raw materials and key suppliers, and industry chain of Fax Machines. Chapter 14 and 15, to describe Fax Machines sales channel, distributors, customers, research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Fax Machines 1.2 Market Estimation Caveats and Base Year 1.3 Market Analysis by Type 1.3.1 Overview: Global Fax Machines Consumption Value by Type: 2018 Versus 2022 Versus 2029 1.3.2 Laser Fax Machine 1.3.3 Inkjet Facsimile Machine 1.3.4 Thermal Transfer Fax Machine 1.4 Market Analysis by Applicatio
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About this Report
Report ID 63498
Category
  • Equipment
Published on 22-Mar
Number of Pages 117
Publisher Name Global Info Research
Editor Rating
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