Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Anticounterfeit Electrical and Electronics Packaging Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.1% during the review period (2022 to 2027)
Anti-counterfeit electrical and electronics packaging technology has arisen as one of the most efficient solutions to limit the market penetration of counterfeited electrical and electronics products globally. Rising population and urbanization is further driving the demand for E&E products globally. Due to their high demand, E&E products are available essentially in all markets. Easy availability of these products in the local market makes them more susceptible to being counterfeited. The demand for electronics and electrical products is escalating across the world and these products are now virtually in all markets. With rising ubiquity of these products, the situation has become even more prone to counterfeit, prompting a strong demand in the anti-counterfeit electrical and electronics packaging market. Consumers have also been observed to prefer effectively packaged products and are willing to pay extra for premium products.
The Anticounterfeit Electrical and Electronics Packaging Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Alien Technology, Zebra Technologies Corporation (NasdaqGS:ZBRA), Avery Dennison Corporation (NYSE:AVY), AlpVision, Sicpa Holding, Microtrace, Impinj and others.
August 2021, Avery Dennison Corporation announced the acquisition of Vestcom for an investment of USD 1.45 billion. The acquisition is expected to expand the company’s offerings in branded labeling for retail and consumer packaged goods industries.
August 10, 2021 – Zebra Technologies Completes Acquisition Of Fetch Robotics.Zebra Technologies Corporation (NASDAQ: ZBRA), an innovator at the front line of business with solutions and partners that deliver a performance edge, today announced that it has completed its acquisition of Fetch Robotics, a pioneer in on-demand automation. Fetch’s Autonomous Mobile Robots (AMRs) are used for optimized picking in fulfillment centers and distribution centers, just-in-time material delivery in manufacturing facilities and automating manual material movement in any facility.
By Type, it is segmented into
By Applications it is segmented into
Asia Pacific has suddenly emerged as a highly lucrative region, driven by strong demand from the emerging economies of India and China. These two countries are immensely populated and the disposable income among the urban population has escalated, leading to incrementing demand for electronic and electrical products. The regions of North America and Europe are also expected to maintain a healthy demand during the forecast period.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 3.1% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Alien Technology, Zebra Technologies Corporation (NasdaqGS:ZBRA), Avery Dennison Corporation (NYSE:AVY), AlpVision, Sicpa Holding, Microtrace, Impinj and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 139 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Anticounterfeit Electrical and Electronics Packaging Market is studied from 2017 - 2027.
What is the growth rate of Anticounterfeit Electrical and Electronics Packaging Market?
The Anticounterfeit Electrical and Electronics Packaging Market is growing at a CAGR of 3.1% over the next 5 years.
Who are the leading key players in Anticounterfeit Electrical and Electronics Packaging Market?
Alien Technology, Zebra Technologies Corporation (NasdaqGS:ZBRA), Avery Dennison Corporation (NYSE:AVY), AlpVision, Sicpa Holding, Microtrace, Impinj and others.
What regions regions does this Anticounterfeit Electrical and Electronics Packaging Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Anticounterfeit Electrical and Electronics Packaging Market?
Track and Trace Technology (RFID and Barcode), Authentication Packaging Technology (Holograms, Watermarks, etc.
What are the significant Applications of Anticounterfeit Electrical and Electronics Packaging Market?
Electrical Devices, Radio Equipment, Telecommunications Equipment
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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