Global Diffractive
Optically Variable Devices (DOVIDs) Market is expected to grow at a
significant CAGR in the upcoming years as the scope, product types, and its
applications are increasing across the globe. The Diffractive Optically
Variable Devices (DOVIDs) are used to get laser generated hologram images and
electron beam generated images.
These devices are created in
highly-secure facilities and at the forefront of over asset and brand
protection programmers. Diffraction can be used as a stand-alone feature
or else can be combined with printed security features to create devices that
are extremely difficult to replicate using a conventional scanning or photocopy
technologies. The Diffractive Optically Variable Devices (DOVIDs) Market are
also being used for the laser generated hologram images and electron beam
generated images.
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Diffractive Optically Variable
Devices (DOVIDs) Market is categorized based on geography into Asia Pacific
(China, India, ASEAN, Australia & New Zealand), Japan, Middle East and
Africa (GCC countries, S. Africa, Rest Of MEA), North America (U.S., Canada),
Latin America (Brazil, Rest of Latin America), Western Europe (Germany, Italy,
France, England, Spain, Rest of Western Europe), and Eastern Europe (Poland,
Russia, Rest of Eastern Europe).
North America has been at the
forefront with regards to Diffractive Optically Variable Devices (DOVIDs)
Market and will continue to rule the roost in the years to come. Some of
the key players that fuel the growth of the Diffractive Optically Variable
Devices (DOVIDs) Market include Alpha Lasertek India Ltd, AHEAD Optoelectronics
Inc, AM Security Printing Technologies FZ LLC, Centro Grafico DG S.p.A,
Combustion Ingenieros S.A.S., Computer Holography Centre, Constantia HueckFolien
GmbH, BEP HOLOGRAM A, AM-PG Group Ltd, HoloGrate JSC,PapierfabrikLouisenthal
GMBH,ITW Security Division, Jpatton, Laser Art Studio Ltd, Bowater Industries.
The key players are focusing on
inorganic growth to sustain themselves amidst fierce competition. As such,
mergers, acquisitions, and joint ventures are the need of the hour.
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