About Microprinting
With increasing digitalization and industrialization commercial printing business has shown lucrative business growth and continues capital investments in printing. This has also led to upsurge the technological developments and introduction to advanced printing solutions such as Microprinting. Microprinting is a technique of printing with extreme accuracy. This printing method is mainly used in prohibiting frauds, counterfeiting the results which are not visible to the human eye. This method is used to print certain characters and patterns that are read through specialized machines to ensure that the document it has been printed on is authentic.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.2% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Manufacturers having a strong hold in the market are Corporation, Videojet Technologies, Inc., Matica Technologies AG, Brady Corporation, and Zebra. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Microprinting market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Xerox Corporation (United States), Videojet Technologies, Inc. (United States), Matica Technologies AG (Germany), Brady Corporation (United States), Zebra Technologies Corporation (United States), HP Inc. (United States), Ricoh Company Ltd. (Japan), Canon Finetech Nisca Inc. (Japan), Source Technologies (United States), SAFEChecks (United States), Xeikon (Netherlands) and Domino Printing Sciences PLC (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Control Print Ltd. (India), Data Carte Concepts (Canada), Evolis (France), Micro Format, Inc. (United States), Spectrum Positive (United Kingdom), Printegra (United States), Trustcopy (Singapore) and William Frick & Company (United States).
Segmentation Overview
AMA Research has segmented the market of Global Microprinting market by Type (Monochrome and Color), Application (Banking & Finance, Government, Packaging, Healthcare, Education and Corporate) and Region.
On the basis of geography, the market of Microprinting has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Substrate Type, the sub-segment i.e. Plastic will boost the Microprinting market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Print Type, the sub-segment i.e. Single-Sided will boost the Microprinting market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Adoption of IoT Enabled Micro-printing Applications and Technological Upgradations in Designing Portable Micro-printing
Market Growth Drivers:
Amount of Ink per Droplet is smaller than traditional CIJ Systems and Higher Nozzle Frequency to Print Higher Quality Codes at Higher Speeds
Challenges:
Stringent Government Regulations and Environmental Protection Standards with Respect to Ink Production
Restraints:
Increasing Uses of Digital Files Instead of Hard Copies and Threat of Continuously Involving Substitutes
Opportunities:
Rising Significance of Brand Protection and Product Safety and Growing Applications of Micro-printing in Healthcare Industry
Market Leaders and their expansionary development strategies
November 7, 2023 – Microlight3D, the specialty manufacturer of high-resolution micro-scale 2D & 3D printing systems for industrial and scientific applications, today announces the launch of Luminis, its proprietary Computer-Aided Manufacturing (CAM) software, making its microFAB-3D apparatus faster and easier to use for printing 3D objects 100x’s smaller than a strand of hair.
On April 18th, 2019, Xerox has announced security enhancements to its line of Xerox AltaLink Multifunction Printers (MFPs), providing IT managers, network administrators and chief information security officers with an extra layer of protection and a more proactive approach to network threats. By augmenting Xerox’s embedded security technologies with McAfee Data Exchange Layer (DXL) and Cisco Platform Exchange Grid (pxGrid) platforms, cybercriminals are stopped from gaining a foothold into networks and compromising sensitive data.
Key Target Audience
Microprinting Service Provides, Microprinting Hardware Manufacturers, Microprinting Hardware Distributors and Traders, Printing Industry Associations, Government Regulators and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.