Step 1: Use the known infinite product identity.
\[
\sin x = x \prod_{k=1}^{\infty} \cos\!\left(\frac{x}{2^k}\right).
\]
Let \(x = \frac{\pi}{2}.\)
Step 2: Substitute and simplify.
\[
\sin\!\left(\frac{\pi}{2}\right) = \frac{\pi}{2}
\prod_{k=1}^{\infty} \cos\!\left(\frac{\pi}{2^{k+1}}\right).
\]
\[
1 = \frac{\pi}{2}
\prod_{k=1}^{\infty} \cos\!\left(\frac{\pi}{2^{k+1}}\right).
\]
Step 3: Rearranged result.
\[
\frac{\pi}{2} \prod_{k=1}^{\infty} \cos\!\left(\frac{\pi}{2^{k+1}}\right) = 1.
\]
Step 4: Conclusion.
Hence, the required value is \(\boxed{1}.\)