Canon is the world's largest document processing firm with $45.6 billion total revenue in 2011. For 28 of the last 30 years, Canon has been #1 in total market share coming in at 17.1% in 2011. In addition to being the leader in copiers, color copiers, and laser facsimiles, Canon also manufacturers the number one selling laser printer for Hewlett-Packard in its Newport News, Virginia facility.
Canon is listed as one of Fortune's Most Admired Companies in America and ranked number 29 on the Interbrand’s list of Best Global Green Brands. In 2011, Canon U.S.A. received the United States Environmental Protection Agency's Energy Star Award for Excellence in Energy Efficient Product Design and has also received the prestigious “MFP Line of the Year” Award from Buyer’s Laboratory Inc. six times since 2000.
Since our founding in 1977, United Business Technologies has chosen to partner with Canon because of our confidence in Canon's corporate values and sophisticated line of products. In 2011, United Business Technologies received several significant recognitions from Canon, including being named Canon's largest independent dealer in the Southeast region.
Market Share Dominance
Canon dominates the office products industry by being number one in the overall copier market for thirteen of the last fourteen years and in every speed segment of the black-and-white copier market for 28 of the last 30 years.
As pictured below, Canon maintained a top position with 17.1% of the total copier market in 2011.
Source: Gartner Dataquest (February 2012)
Canon's overwhelming success is attributed to superior technology, the result of an unprecedented commitment to research and development. In 2011, Canon devoted approximately 8.7% of its Net Sales to R&D, which exceeds such spending of many key competitors and ensures that research and development efforts continue to grow.
Innovation has been a key ingredient in Canon's success. Canon is one of the most prolific inventors of consumer and professional imaging solutions having in excess of 40,000 U.S. patents in its 70-year history. In 2011, Canon ranked third in the country for receiving patents in the private sector, with 2,818 patents granted according to the U.S. Patent and Trademark Office.