Latest
industry research report on: Global Anti-counterfeit Electrical &
Electronics Packaging Market : Industry Size, Share, Research,
Reviews, Analysis, Strategies, Demand, Growth, Segmentation,
Parameters, Forecasts
The malpractice of
counterfeiting has become a severe matter of concern for the OEMs of
(Electrical & Electronics) E&E products across the globe.
Counterfeiting is globally affecting the E&E industry, resulting
into innumerable tangible and intangible losses for the players
operating in the industry. A large number of counterfeit E&E
products, carrying brand name of the leading industry players, are
making their way into the local market. Apart from affecting the
companies financially, the market penetration of such products also
causes an enormous damage to the brand image of the affected company,
earned over a long course of period.
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The
forged electrical & electronics products are so well packaged
that there detection during normal investigation becomes impossible
and, thus, these products make their way into the local retail
markets. The poor quality of these forged E&E products leads to
various problems, such as short circuits, small appliance-life, rise
in probability of electrical fires, etc., which in turn lead to the
further deterioration of the brand image of the affected company. The
global electrical & electronics industry endures huge monetary
losses every year due to the presence of counterfeit products in the
market.
Anti-counterfeit
electrical & electronics packaging technology has emerged as one
of the most efficient solutions to limit the market infiltration of
counterfeited electrical & electronics products globally. Growing
population and urbanization is further propelling the demand for E&E
products globally. Due to their high demand, E&E products are
available virtually in all markets. Easy availability of these
products in the local market makes them more susceptible to being
counterfeited. Besides, ever-increasing cases of counterfeiting in
electrical & electronics products is compelling the market
players to go for anti-counterfeit electrical & electronics
packaging.
Besides,
various new and innovative technologies for the verification and
authentication of original electrical & electronic products are
making foray into the market. The utilization of such technologies on
a commercial scale by E&E OEM manufacturers is leading to the
rise in demand for anti-counterfeit electrical & electronics
packaging worldwide. High use of this packaging is anticipated to
lead to the significantly high growth rate of the market over the
forecast period of 2016-2024.
Customers
too, in order to skip the trouble caused by forged products and for
the best utilization of their money, are becoming increasingly
concerned about counterfeited products. Various governments are also
becoming increasingly active against the use of counterfeit E&E
products. This makes the global companies more optimistic about
investing in advanced anti-counterfeit technologies. Due to these
reasons, the global anti-counterfeit electrical and electronics
packaging market is anticipated to expand at a significantly higher
growth rate over the forecast period, accounting for multi-millions
US$ by the end of the forecast period.
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There are also some factors
which are restraining growth of the anti-counterfeit electrical &
electronics packaging market currently. High capital expenditure
required to set up anti-counterfeit technology systems and
usage-impact of this system on the supply chain network of the
companies work are the major factors restraining growth of this
market currently.
The global anti-counterfeit
electrical and electronics packaging market is segmented on the basis
of technology and regions. On the basis of technology, the market is
segmented into authentication packaging technology and track and
trace packaging technology. The authentication technology segment is
further sub-segmented into ink & dyes, holograms, watermarks, and
taggants. The track and trace packaging technology segment is
sub-segmented into barcode technology and RFID technology.
On the basis of geography, the
global anti-counterfeit electrical & electronics packaging market
is segmented into seven main regions, namely North America, Latin
America, Western Europe, Eastern Europe, Asia Pacific excluding
Japan, Middle East & Africa, and Japan. North America, followed
by Europe market, are expected to account for the largest share of
the global anti-counterfeit electrical & electronics packaging
market. The market in the Asia-Pacific region is also expected to
grow at a significant rate, thereby contributing to the overall
growth of the global anti-counterfeit electrical & electronics
packaging market over the forecast period.
Some of the key players covered
in this study of global anti-counterfeit Electrical & electronics
packaging market are Zebra Technologies, Alien Technology Corp.,
AlpVision, Avery Dennison Corp., SICPA HOLDING SA, Microtrace, LLC,
Impinj, Inc. and others.
This research report analyzes
this market on the basis of its market segments, major geographies,
and current market trends. Geographies analyzed under this research
report include
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
This report provides
comprehensive analysis of
Market growth drivers
Factors limiting market
growth
Current market trends
Market structure
Market projections for
upcoming years
This report is a complete study
of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It
includes analysis of recent developments in technology, Porter’s
five force model analysis and detailed profiles of top industry
players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with
detailed value chain analysis.
Reasons for Buying this
Report
This report provides
pin-point analysis for changing competitive dynamics
It provides a forward
looking perspective on different factors driving or restraining
market growth
It provides a six-year
forecast assessed on the basis of how the market is predicted to grow
It helps in understanding
the key product segments and their future
It provides pin point
analysis of changing competition dynamics and keeps you ahead of
competitors
It helps in making informed
business decisions by having complete insights of market and by
making in-depth analysis of market segments
It provides distinctive
graphics and exemplified SWOT analysis of major market segments
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