Thin film memory offers significant advantages over any other
electronic verification solution and gives a highly secure label
through the use of proprietary printed electronics technology. It is
the world’s only printed rewritable non-volatile memory. It
consists of permalloy, ferromagnetic material deposited on a
substrate of thin glass. The pattern is determined by the shape of
the mask. The thickness of each magnetized area is controlled by the
amount of time the shutter opens.This thin film memory is also used
in high speed projects. Military computers where the concern for
memory storage is not so much there thin film memory is used. For
instance, it can record the number of days a refill is in use or it
can alert the consumer when the replacement is needed.
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One of the main driving force of thin-film memory is the growing
demand from the end user. The demand of thin film memory from the end
user is responsible for the growth of thin film memory market at a
very swift pace in the future. In addition, low manufacturing cost,
environment friendly technology, growing demand for flexible
electronics have escalated the growth of Thin Film Memory market. In
addition, it also supports the integration with other electronic
component and sensors and can be produced using high volume, roll to
roll printing. There are certain restraining factor which impede the
growth of global Thin Film Memory market. These restraints include
storage density issue due to which the performance of the thin film
memory gets hampered. Despite of the hindrances, the global Thin Film
Memory market is aided by attractive opportunities owing to the
rising demand and high performance of thin film memory .
The global thin film memory market is segmented on the basis of end
use industry and geography. On the basis of end use industry, the
market is segmented into automotive, electronics, consumer
applications and others.In addition, thin film delivers critical
verification and security capabilities to the pharmaceutical
sector.Thin film memory products include 20 bit thin film memory in
production for consumer application like loyalty cards, games and
toys, info kiosks and many more .Thin film memory for smart
consumables facilitates an electronic handshake between base units
and cartridges.
Xerox Corporation has announced to launch two new product that will
feature Xerox Printed Memory and Xerox Printed Memory with
Cryptographic Security. This would help to provide anti
counterfeiting capabilities for refill authentication, governmental
tax stamps and pharmaceutical products.Xerox printed memory can
enable connectivity, interaction with dispensing devices and
authenticate refills. It offers multi layer security due to its
unique protocols and analog signature. In addition, thin film is a
new solution that adds value to the consumer globally and has opened
up a new scope in the printed electronics.
The global Thin Film Memory market is further categorized on
geography into North America, Europe, Asia Pacific, Middle East and
Africa, and Latin America. The Thin Film Memory market is expected to
witness robust growth in North America and Europe owing to the demand
for new technology like printed technologies in these regions. The
Thin Film Memory market is growing at a steady pace in Europe.
However Asia Pacific region is expected to grow fast at a later
stage. It is expected that emerging economies like China, Indonesia,
Japan and India to experience significant growth in the market due to
the supportive government policies and programs. Thus the Thin Film
Memory Market is expected to witness robust growth globally.
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The key players operating in the Thin Film Memory market includes
Thin Film Electronics (Norway), PARC (The United States), Thin Film
Devices, Inc. and many more. Thin Film Electronics is the first
company to commercialize rewritable memory and thin film memory.
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