The Microprinting Market deals with the development, manufacture and distribution of microprinting printers and other micro printing systems like security printing software which enhance printing security features. The art of the microprint can be described as the inscribing of particular symbols of characters which can be recognized easily. They are inscribed at such a scale that the naked eye can only discern it with significant magnification. Without the help of some kind of magnification equipment, microprint will only appear as a solid line.
The microprinting printers produced by the Microprinting Market have largely been perceived security features for preventing counterfeit notes as these work of micro printing systems cannot be easily reproduced through digital means. The assumption is that security printing software would be hard to emulate and that counterfeiters would find it nearly impossible to stumble across equipment which can produce accurate microprint reproductions.
Scope & Regional Forecast of the Microprinting Market
The primary growth driver for the Microprinting Market is the need for innovative security features. The development of innovative printing security features has allowed microprinting printers to infiltrate a wide range of industry verticals. University research groups across the world have also contributed to improvements in micro printing systems. Counterfeit notes or stamps are not the only applications right now as even enterprises are utilizing microprint technology for safeguarding the identity cards in use.
With the ubiquity of digital technology, the Microprinting Market has a huge advantage as scanners and photocopiers cannot make out the microprint almost all the time. Hence, any well-made counterfeit note, stamp or identity card will end up showing a dotted line rather than the specific inscription.
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The Microprinting Market has so far been dominated by North America and Europe due to aggressive anti-counterfeiter stances adopted by the western countries as well as the extensive research on microprint technology. But some recent developments in Asia-Pacific suggest that the region will not lag far behind. Huge R&D investment in security, healthcare and electronics is a sign that the developing countries in this region are a future force to be reckoned with. The Microprinting Market received a massive boost when India decided to undertake the gigantic task of replacing 86% of its currency notes to eliminate counterfeit versions as well as to tackle the specter of black money.
Segmentations & Key Players involved in the Microprinting Market
According to IndustryARC findings, the Microprinting Market can be broken down into various segmentations on the basis of –
Type: UV Invisible Marking, Special Inks, Infrared Ink Marking, Magnetic Ink, Micro-Embossing and Others.
Application: Currency, Bank Checks, ID Cards, Labels, Packaging, Consumer Electronics, Defense and Others.
Some of the key players involved in the Microprinting Market according to IndustryARC are as follows:
• MaxMax
• SAFEChecks
• Zebra Technologies
• Data Carte Concepts
• Cardlogix
• SpectrumPositive
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