Press release
Anti-Counterfeit Electronics and Automobiles Packaging Market Analysis, Trends, Growth, Research And Forecast 2020
Allied Market Research has recently released a report titled "World Anti-Counterfeit Electronics and Automobiles Packaging - Market Opportunities and Forecasts, 2014-2020", projecting the global anti-counterfeit electronics and automobiles packaging market to grow at a CAGR of 10.1% from 2015 to 2020. Hologram technology is anticipated to dominate the authentication packaging technology market, reaching $8.0 billion by 2020, while the taggants technology segment is projected to register the highest CAGR of 21.4% during the same period.The anti-counterfeit electronics and automobiles packaging market is expected to reach $24.2 billion by 2020, with a CAGR of 10.1% during the forecast period from 2015 to 2020. Anti-counterfeit technology has emerged as the preferred solution against the rising cases of counterfeiting. The market is poised for remarkable growth, driven primarily by the increasing instances of counterfeit electronic and automotive products available in local markets.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/690
Advanced tracking technology and the adoption of item-level RFID technologies are major drivers of market growth. Rising consumer awareness about anti-counterfeit technologies and government regulations aimed at combating electronic counterfeit products are also contributing factors. However, the high cost associated with implementing anti-counterfeit setups and the impact of these products on distribution processes may restrain market growth.
Counterfeit electronic goods and automotive accessories flood the market annually, resulting in significant financial losses for businesses and consumers. The automotive and semiconductor industries are losing approximately $3 billion and $75 billion annually, respectively, due to counterfeit products. This has led to a surge in demand for anti-counterfeit technologies within these sectors. Additionally, factors such as advanced tracking technologies and increased consumer awareness about counterfeit products are fueling market growth.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/purchase-enquiry/690
Conventional authentication technologies such as holograms, inks, and dyes are major revenue generators in the global anti-counterfeit electronics and automobiles packaging market due to their cost-effectiveness and ease of application. Track and trace technologies, particularly barcodes, are gaining popularity as solutions for product tracking and authentication.
Key findings of the study include:
- Inks & dyes and holograms collectively accounted for about 91.2% of the revenue generated in 2014.
- The RFID technology market segment is expected to grow at the highest rate during the forecast period, driven by its accuracy and multiple applications.
- North America is projected to lead the global anti-counterfeit packaging (electronics and automobiles) market, followed closely by Europe throughout the forecast period.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/anti-counterfeit-electronics-and-automobiles-packaging-market/purchase-options
Technological advancements play a significant role in the global anti-counterfeit packaging (electronics and automobiles) market, leading to the introduction of new and advanced product lines. Key companies profiled in the report include Alien Technology Corp., AlpVision, Zebra Technologies Corp., Avery Dennison Corp., Giesecke & Devrient (G&D), Impinj Incorporation, Datamax-O'Neil (Honeywell), Applied DNA Science, InkSure Technologies Inc., and IAI industrial systems.
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