The Global Automatic Identification and Data Capture Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline.
Major factors driving global AIDC market revenue growth include rising implementation of these solutions in the e-Commerce industry and rising use in smartphones. Rising adoption of automatic identification and data capture solutions in public transportation is another factor expected to augment revenue growth of the market going ahead. The Dallas Area Rapid Transit (DART), which is the largest municipal transit agency in North Texas, was an early adopter of biometric technology. In its trains, DART has installed facial recognition technology-based cameras. Biometric systems are used in such cameras for a range of functions, and serve to monitor train capacity, medical emergencies, and lets authorities know whenever a specific individual is or individuals are on board.
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Key Highlights from the Report
- Barcodes segment revenue is expected to expand at a substantially rapid CAGR during the forecast period due to rising usage of barcode technology to monitor, identify, and count products across various industries, such as retail, healthcare, manufacturing, and others.
- Healthcare segment is expected to register a significantly robust revenue growth rate over the forecast period due to rising integration of automatic identification and data capture solutions in operating healthcare systems as a result of rising need for better care management, boosting the operating effectiveness of the medical workforce, improving patient safety, and lowering medication errors.
- North America is expected to register a considerable revenue growth rate over the forecast period due to the high presence of key market players such as Cognex Corporation, Zebra Technologies Corporation, Honeywell International Inc., and Synaptics Inc. among others in countries in the region.
The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
Key companies operating in the Automatic Identification and Data Capture market include:
Cognex Corporation, Zebra Technologies Corporation, Datalogic S.p.A., NXP Semiconductors N.V., Sick AG, Honeywell International Inc., Synaptics Inc., NEC Corporation, Seagull Scientific, Inc., and Godex International Co Ltd.
Emergen Research has segmented the global automatic identification and data capture (AIDC) on the basis of offering, product, technology, end-use, and region:
Offering Outlook (Revenue, USD Billion; 2018–2028)
- Hardware
- Software
- Services
Product Outlook (Revenue, USD Billion; 2018–2028)
- Printer & Recorder
- RFID Printers
- Smart Card Printers
- Label Printers
- Barcode Printers
- Magnetic Stripe Printers
- Scanners & Readers
- RFID Scanners
- Magnetic Stripe Readers
- Smart Card Readers
- Barcode Scanners
- Camera-based Scanners
- CCD Barcode Scanners
- Laser Barcode Scanners
- Smart Card Readers
- Optical Character Recognition (OCR)
- Biometric Scanners
- Finger Print Recognition
- Face Recognition
- IRIS Recognition
- Voice Recognition
- Others
Technology Outlook (Revenue, USD Billion; 2018–2028)
- Radio Frequency Identification (RFID)
- Optical Character Recognition (OCR)
- Biometrics
- Magnetic Strips
- Smart Cards
- Barcodes
End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Manufacturing
- Transportation & Logistics
- BFSI
- Healthcare
- Hospitality
- E-commerce & Retail
- Government
- Others
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Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
- North America
- S.
- Canada
- Europe
- K.
- Italy
- Germany
- France
- Rest of EU
- Asia Pacific
- India
- Japan
- China
- South Korea
- Australia
- Rest of APAC
- Latin America
- Chile
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
Key Questions Addressed in the Report:
- Who are the leading players in the Automatic Identification and Data Capture industry?
- Which region is expected to dominate the market in the coming years?
- What are the key applications of Automatic Identification and Data Capture?
- Which segment is expected to garner traction during the coming years?
- What are the key strategies adopted by leading players in the market?
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