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(I-SoftwareNews.Com, November 24, 2016 ) This market research report covers the present scenario and the growth prospects of the Global Coding and Marking Market for the period 2013-2021. This market research report includes a detailed market segmentation of the Global Coding and Marking Market by technology (Continuous Ink Jet Printer, Laser, Piezo Ink Jet Printer, Print and Apply Labelling Products, Thermal Ink Jet Printer, Thermal Transfer Overprinting Printer, Valve Jet Printer. This market research report also gives a detailed view of the market across the geographic regions, namely, North America, Latin America, Europe, Asia-Pacific (APAC), and MEA. The market research report also profiles the key vendors operating in the Global Coding and Marking Market and also provides the detailed competitive landscape of key players.
Coding and Marking - Market Size and Forecast
Coding or marking is essential for the establishment of the authenticity of the product. It is required to inform the supply chain about the information and current destination about a product. It sets a unique identity to the product and enhances its traceability. Market research analysts at Publisher, expect the Global Coding and Marking Market to reach approximately US$7 billion by 2021.
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The automotive industry has changed structurally over the past few decades, until late 1980's an automobile largely consisted of mechanical components however since then the automotive industry has transformed most of its mechanical mechanism into electronic/electrical components. One such example is the automotive keyless entry system, in the past all vehicle doors were unlocked using a mechanical key which has transformed and evolved into high-end advanced electronic entry systems using integrated circuits that communicate through electromagnetic signals to lock or unlock the vehicle door. A keyless entry system provides vehicle access without using traditional mechanical key, offering higher security and convenience. Market research analysts at Publisher, expect the Automotive Keyless Entry System to reach approx. 134 million units by 2021.
Automotive Keyless Entry Market Size and Forecast
The Worldwide Automotive Keyless Entry System Market has been segmented on the basis of product type which include Remote key-less Entry and Passive Key-less Entry. Over the years, Remote keyless entry system has gained rapid adoption among the consumers due to the convenience and added security from vehicle theft making it the most predominant vehicle entry system globally. This system was initially introduced in luxury vehicle segment and latter was adopted in mass mid-segment vehicles during late 1990's. In 2015, Remote key-less Entry was the largest segment and accounted for around 70 million units. The Remote key-less Entry segment is expected to grow at a CAGR of around 5% between 2015 and 2021.
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Coding and Marking - Drivers and Trends
This market research report provides market overview of the factors driving and restraining the growth of the market. The report also outlines the key trends emerging in the market that will contribute to the growth of the Global Coding and Marking market during the forecast period. The factors driving the growth of the market include rapid globalization which in turn has led to an increase in the import and export of coding and marking equipment across the world. Globalization has led to transfer of advanced reliable coding technology from technologically developed countries to other nations, which, in turn, has ensured error-free and authentic product coding and marking. Moreover, rising demand from Pharmaceutical, Cosmetic, and, Food and Beverage industry is also expected to fuel the growth of the market. Some of the major challenges confronting the Global Coding and Marking market include volatility of the application industry. Majority of the application industry such as pharmaceutical, Medical, and, Food and Beverage Industry have regular upgradation of standards. The safety norms for these industry are set high. Thus, the coding and marking equipment needs to be enhanced in accordance with these standards. The report also provides the Porter's five forces analysis along with a description of each of the forces and its impact on the market.
Coding and Marking - Key Vendors
This market research report profiles the major companies in the Global Coding and Marking Market and also provides the competitive landscape of key players. Within the report covers the entire market outlook regarding the value chain operating within the market. The major players in the market include Dover, Danaher, Domino Printing Sciences, ITW, Matthews International. Other prominent vendors in the market include Control Print, ID Technology, Iconotech, Macsa, Hitachi Industrial Equipment Systems, Weber Marking Systems, Xaar.
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Source: EmailWire.Com 
Source: EmailWire.com
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