Microprinting Market Size in Asia Pacific Region is predicted to grow substantially Over 2025

Asia Pacific microprinting market is predicted to grow substantially over the coming years due to the presence of various banks, government agencies, and corporate organizations in the region. The demand for high security and anti-counterfeit measures in government and financial sector is projected to propel the demand for microprinting solutions in the region

Key Players are
• Zebra Technologies Corporation
• Xerox Corporation
• Wuhan Willita Marking and Packing Technology Co.Ltd.
• Videojet Technologies Inc.
• Source Technologies
• Micro Printing Systems Intl.
• Matica Technologies AG

Microprinting Market is expected to exceed USD 800 million by 2025. The rise in fraudulent activities in official documents is encouraging governments to implement security printing techniques to detect counterfeiting. For instance, in April 2018, The General Directorate of Residency and Foreigner Affairs (GDRFA) of Dubai, detected over 1,000 forged travel documents at Dubai International Airport. The government adopting the technique for protection against counterfeiting in important travel documents.

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The Government of India is also using the technique text smaller than 0.25 mm as a security feature in passports. Companies are offering high security printing techniques for designing passport to cater to the growing demand Such factors are anticipated to drive the microprinting market growth over the coming years.

3. Microprinting Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 – 2025
3.3. Industry ecosystem analysis
3.3.1. Component supplier
3.3.2. Manufactures
3.3.3. Technology providers
3.3.4. System integrators
3.3.5. Distribution channel analysis
3.3.6. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. 3D microprinting
3.4.2. High resolution micro printers
3.4.3. Multi-material microprinting
3.4.4. Micro-embossing machines
3.4.5. UV invisible and infrared inks
3.4.6. Magnetic inks

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Rapid technological advancements and innovations in microprinting market has accelerated the adoption and demand of different printing solutions having quality, resolution and security. The manufacturers in microprinting market are continuously engaged in introducing advanced technologies that provide businesses capabilities to achieve high-resolution and quality printing. For instance, in April 2019, 2019, Xerox Corporation, announced launch of its Xerox AltaLink Multifunction Printers (MFPs), with enhanced security feature, which provides an extra layer of protection approach to network threats.

Increasing need for secure technology in wide range of government and packaging applications is predicted to drive the single-sided microprinting market growth. The government is using single sided printing in postal stamps, official documents and ID cards. Moreover, the packaging industry is using this technology in packaging labels to prevent product duplicity.

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The microprinting market is expected to witness high growth due to the rapid adoption in packaging application. The industry is highly adopting the technique for proper packaging, product information, for easy product identification and avoiding duplicity. The incorporation of the technique in printers s has enabled manufacturers to initiate secure print capabilities, label information and brand protection in the global market.

Key players operating in the microprinting market are Videojet Technologies, Inc, Control Print Ltd, Zebra Technologies Corporation, Xerox Corporation, William Frick & Company, and Evolis, among others. These companies are engaged in manufacturing printing solutions that helps in protecting sensitive documents from unauthorized duplication. The companies are implementing advanced and high-quality features in providing in-line printing, coding, and marking products.

Browse Related Report: Optical Wavelength Service Market Size in Metro Segment is Expected to Grow Significantly Over 2025: https://www.marketwatch.com/press-release/optical-wavelength-service-market-size-in-metro-segment-is-expected-to-grow-significantly-over-2025-2019-07-17

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