Press release
Global Automatic Identification & Data Capture Market Intelligence & Future Trends 2017-2026
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Bluebird Inc. (U.S.), Honeywell International Inc. (U.S.), TSC Auto Id Technology Co, Ltd. (Taiwan), Datalogic S.p.A. (Italy), Seagull Scientific, Inc. (U.S.), Allien Technologies Corporation (U.S.), Avery Dennison Corporation (U.S.), Axicon Auto ID Ltd. (U.K.), Toshiba Tec Corporation (Japan) are some of the top manufacturer in the Automatic Identification & Data Capture market with Honeywell International Inc. holding the substantial market share because of its better global presence both at production and at an operational level. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as collaboration of Honeywell International with Microsoft Corporation as well as Intel Corporation.
North America region holds the highest market share in 2018 and Asia-Pacific market is considered as the fastest growing market in the forecasted period. At a country level, developed markets like the U.S. holds the highest market share in 2016 and it is projected to grow strongly in the coming years.
Drivers:
Increasing infrastructure like commercial space and security
Restraints:
Lack of coordination between government
Opportunities:
Growing technological advancements and digitalization industry
Rising government participation in healthcare sectors
Challenges:
The processing and performance of data capture
Lack of reliability and safety
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Amongst various Product type, Biometrics Systems segment is expected to hold the highest market share during the forecast period because of the need of growing security in industries and organizations. On the other hand Healthcare segment among manufacturing, retail, transportation & logistics, banking and financial and others is expected to grow at the highest CAGR during the year 2018-2026 due to growing government investments and rising healthcare sector. As it is easier to collect and track patient information and reduce medical error.
Key Benefits for Stakeholders
Automatic Identification & Data Capture Manufacturers, Distributors, and Retailers
Research and Consulting organization, Government & Regulatory bodies
Technology Standards Organizations,
End-use industries
By Product
Barcode Printers
Market by Technology
Market by Product Type
Barcode Verifiers
Barcode Scanners
RFID
Magnetic Stripe Readers
Smart Card Readers
Biometric Systems
Optical Character Recognition (OCR)
Mobile Computers
By Vertical/Industry
Manufacturing
Retail
Transportation & Logistics
Banking and Financial
Healthcare
Others
By Region
North America
Europe
Asia-Pacific
RoW
Key Market Players
1. Bluebird Inc.
2. Honeywell International Inc.
3. TSC Auto Id Technology Co, Ltd.
4. Datalogic S.p.A.
5. Seagull Scientific, Inc.
6. Allien Technologies Corporation
7. Avery Dennison Corporation
8. Axicon Auto ID Ltd.
9. Toshiba Tec Corporation
(A brief overview of another 13 companies is also provided)
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Research Methodology:
Mnemonics Market Research follows in-depth Research Methodology focused on reducing deviation in the collected data. Mnemonics Market Research offers the most precise evaluations and projection for the market numbers. Mnemonics Market Research engages following Market Engineering techniques –
Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
To avoid bias, we filter the collected data collected from authenticated sources.
Mnemonics Market Research has a well proven Statistical Modeling System for estimates and forecasts.
Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.
Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.
About Us:
Mnemonics Analytical Center for Research & Consulting is a commercial institute pioneering in market and socio research. We deploy best in class market and social research services plus consultancy programs for the betterment of society by implementing our innovations for the success of an organization. We always measure our success ratio with our client’s success in terms of socioeconomic status.
Mnemonics Analytical Center for Research & Consulting is a global reach market and socio research institute that serves a broad mix of leading and start-ups, private, public and social sector. The services and solutions offered by us help our clients make significant and lasting improvements to their performance and realize their most important goals.
Contact Us:
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