October 17, 2019
According to the latest study titled ‘Global (United States, European Union and China) Microprinting Market Research Report 2019-2025’ available with Market Study Report LLC, the global microprinting market is estimated to grow substantially by the year 2025.
Micro-printing, also termed as micro-words, is an anti-counterfeiting technology used for printing very small text on a note or documents. The microprinted text is not readable with naked eye, unless magnified. Micro-printing is widely used on bank checks, banknotes, and other valuable prints and documents.
Any currency presents the smallest and highest quality of microprint since it requires the utmost level of intricacy against forging. Hence, popularity of microprinting is based on the urgent need to curb and detect fraudulent activities. Growing use of microprinting in stamps and currencies will drive microprinting market in the forthcoming years.
Based on type, the microprinting market is segmented as special inks, UV invisible marking, magnetic ink, infrared ink marking, micro-embossing, and others. While based on application spectrum, the market is divided into bank checks, currency, labels, ID cards, consumer electronics, defense, packaging, and others.
Considering the geographical landscape, the global microprinting industry is fragmented into four main regions as China, United States, European Union, and rest of the world including Japan, Korea, India and Southeast Asia.
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The study analyzes microprinting market for segmental shares and expansion patterns. It also provides a detailed synopsis of trends, challenges, opportunities, and drivers impacting the market growth. Inference regarding consumption, production, and capacity graphs, along revenue shares for each segment and market player is also presented in the study.
The key contenders of microprinting market outlined in the report are Diagramm Halbach, Sauressig, Micro Format, Xerox Corp, Team NiSCA, Printegra, Gallas Label & Decal, Brady, Troy Group, Huber Group, Hewlett Packard, Heidelberg Instruments, Smith & Ouzman, GeSiM, Computastat Group, Favini, Trustcopy, MaxMax, William Frick & Co, Zebra Technologies, SAFEChecks, Cardlogix, Spectrum Positive, and Data Carte Concepts.
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