Xaar plc is a global leader in the development and manufacture of piezoelectric drop-on-demand industrial inkjet printheads and associated inkjet technologies. The company designs and produces advanced printheads used across a wide range of industrial printing applications, including wide-format graphics, labels, packaging, ceramic tile decoration, outer case coding, and specialist functional fluid deposition for advanced manufacturing. Xaar also offers complementary products and services such as inks and ink systems, electronics, and fluid optimization services to support inkjet system development and adoption. The company operates primarily through its two main segments: printheads and product print systems, with additional offerings in digital imaging and ink supply systems. Xaar’s printheads are manufactured in the UK and Sweden, with over 85% of production exported globally.
Founded in 1990 and headquartered in Cambridge, UK, Xaar has strategically expanded its market presence beyond its traditional ceramics sector to diversified industries such as electric vehicle (EV) battery coating, automotive coating, desktop 3D printing, and other advanced manufacturing markets. Over recent years, the company has embarked on a strategic transformation leveraging its "Imagine X" printhead platform to provide market-leading technology to a broader OEM customer base, reducing reliance on declining ceramics markets. This has resulted in a significant, sustained compound annual growth rate in its printhead business.
In the last 1-2 years, Xaar has made notable strategic progress, including forming partnerships with leading OEMs, advancing product diversification into high-growth sectors, and launching around 15 new products in 2024. The company has strengthened its financial position with positive cash flow despite market challenges, focusing on delivering innovative printhead technology and turnkey solutions for specialized fluid deposition. Xaar continues to invest heavily in R&D to drive future revenue growth and operational resilience, maintaining a robust pipeline of new market opportunities across multiple industries worldwide. Its business portfolio covers product printing systems, 3D printing, coding and marking, glass printing, textiles, and functional fluid deposition with a global customer base across Europe, the Americas, and Asia.
Xaar plc is publicly listed on the London Stock Exchange (Ticker: XAARF).