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Growing Infiltration of Counterfeit Electronic Products to Drive Demand for Anti-Counterfeit Electrical and Electronics Packaging

  • Date Submitted: 09/14/2016 04:03 AM
  • Flesch-Kincaid Score: 20 
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A new report on the global anti-counterfeit electrical and electronics packaging market states that the growing demand for electrical and electronic products across the world is the key driving force behind the impressive growth of this market. The research study by Transparency Market Research (TMR) is titled “Anti-counterfeit Electrical & Electronics Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

Browse the full Report at:
http://www.transparencymarketresearch.com/anti-counterfeit-electrical-electronics-packaging-market.html

Anti-counterfeit packaging technology has emerged as the most efficient solution to control the intrusion of fabricated electrical and electronics products in the global market. The soaring demand for electrical and electronic devices has attracted a large number of counterfeit products, increasing the concerns of the manufacturers of original products. As a result, these manufacturers are increasingly using anti-counterfeit packaging for their products, which is leading to a remarkable growth in this market, states the research report. Going forward, the study reports that the increasing authentication of electrical and electronic products on a commercial scale by original equipment manufacturers is likely to boost the global market for anti-counterfeit electrical and electronics packaging substantially during the forecast period.

In this research report, the global market for anti-counterfeit electrical and electronics packaging has been studied on the basis of technology and geography. Based on technology, the worldwide market has been categorized into track and trace technology and authentication technology. Barcode technology and RFID technology are the key authentication technologies applied globally. Among the two, barcodes are employed more widely currently; however, RFID technology is likely to gain prominence in the forthcoming years, notes the research study.

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