The global microprinting market growth is majorly driven by the widespread application of these solutions to provide highly secure and robust printing results in different organizational setup including government, private, and industrial sectors. Microprinting solutions also find wide applicability in the packaging industry.
The flourishing packaging sector will provide ample growth opportunities to companies offering these solutions. As per a new research report global microprinting market is projected to surpass US$800 million by 2025. Explained below are some key factors driving technology demand.
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Currencies have become one of the prominent application areas for the microprinting industry, with countries like Australia, U.S. and the U.K. being some of the early adopters of the technique. Basically, microprints make it very difficult for counterfeiters to reproduce the extremely small text imprinted on modern currency notes, deterring them creating from circulating fake currency notes. Although the banking and finance sector has significantly helped to expand microprinting size, evolving trends in the government, healthcare and packaging segments will further expand business prospects worldwide.
Security of National ID cards: Over the last decade, governments around the world have accelerated the promotion of digital transformation and have urged citizens to carry new and smart national identification cards. Generally, infusion of new technology brings with it several risks associated with illegal activities, in this case identity thefts and ultimate misuse of access cards. National IDs also face the similar risks and various players are providing microprinting printers that can help protect against counterfeiting risks.
List of the Key Companies that are Operating in the Microprinting Market. They are as follows:
Advanced Facilities, Inc., Attom Technology, ALTRON, A.S., Cannon Technologies, Ltd., Canovate Group, Dell Inc., Delta Power Solutions, Eaton Corporation PLC, Hanley Energy, Hewlett Packard Enterprise, Hitachi, Ltd., Huawei Technologies Co. Ltd., IBM Corporation, Panduit Corporation, Rittal GmbH & Co. KG, Sicon Chat Union Electric Co. Ltd., Shenzhen Kstar Science &Technology Co. Ltd., Schneider Electric SE, STULZ GmbH, Vapor IO, Vertiv Co., Zellabox
The microprinting market is likely to experience substantial growth on account of the incorporation of this printing technology in packaging applications for proper packaging, labelling and easy product identification to avoid duplicity. The inclusion of this technique has enabled manufacturers to achieve secure printing capabilities with unique label information and brand protection in the industry.
Also, increasing consumer demand for FMCG products across both developed and emerging economies has influenced manufacturers to use these printing technologies to allow product differentiation.
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Table Of Content:
Chapter 4. Microprinting Market, By Substrate Type
4.1. Key trends by substrate type
4.2. Metal
4.2.1. Market estimates and forecast, 2015 – 2025
4.3. Paper
4.3.1. Market estimates and forecast, 2015 – 2025
4.4. Plastic
4.4.1. Market estimates and forecast, 2015 – 2025
Chapter 5. Microprinting, By Print Type
5.1. Key trends by print type
5.2. Single-sided
5.2.1. Market estimates and forecast, 2015 – 2025
5.3. Double sided
5.3.1. Market estimates and forecast, 2015 – 2025
Chapter 6. Microprinting, By Product Type
6.1. Key trends by product type
6.2. Monochrome
6.2.1. Market estimates and forecast, 2015 – 2025
6.3. Color
6.3.1. Market estimates and forecast, 2015 – 2025
Chapter 7. Microprinting Market, By End-Use
7.1. Key trends by end-use
7.2. Banking & finance
7.2.1. Market estimates and forecast, 2015 – 2025
7.3. Corporate
7.3.1. Market estimates and forecast, 2015 – 2025
7.4. Government
7.4.1. Market estimates and forecast, 2015 – 2025
7.5. Healthcare
7.5.1. Market estimates and forecast, 2015 – 2025
7.6. Packaging
7.6.1. Market estimates and forecast, 2015 – 2025
7.7. Others
7.7.1. Market estimates and forecast, 2015 – 2025
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