Press release
Identification (ID) Barcode Readers In Factory Automation Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Identification (ID) Barcode Readers In Factory Automation
What Is the Expected Identification (ID) Barcode Readers In Factory Automation Market Size During the Forecast Period?
The identification (ID) barcode readers in factory automation market has grown significantly in recent years. It will increase from $2.56 billion in 2024 to $2.76 billion in 2025 at a compound annual growth rate (CAGR) of 7.9%. This growth is driven by improvements in data management integration, automatic data capture, process automation, mobile compatibility for barcode scanning, and reduced errors in data entry and record-keeping.
The ID barcode readers in factory automation market is expected to grow significantly, reaching $3.69 billion by 2029 at a CAGR of 7.5%. Growth factors include the increasing use of image recognition, demand for precision and reliability in production, adoption of high-speed scanners, stricter industry regulations, and the need for secure, tamper-resistant ID verification. Trends include innovations in ID barcode technology, compliance assurance, quality control, product innovation, and advancements in barcode reader technologies.
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What Are the High-Growth Segments in the Identification (ID) Barcode Readers In Factory Automation Market?
The identification (ID) barcode readers in factory automation market covered in this report is segmented -
1) By Technology: Quick Response (QR) Or Barcode Recognition, Object Recognition, Facial Recognition, Pattern Recognition, Optical Character Recognition
2) By Offering: Hardware, Software, Services
3) By Deployment: Cloud, On-Premise
4) By Application: Augmented Reality, Scanning And Imaging, Security And Surveillance, Marketing And Advertising, Image Search
5) By End Use: Automobile And Transportation, Banking, Financial Services, And Insurance (BFSI), Government, Healthcare, Information Technology (IT) And Telecom, Media And Entertainment, Retail And E-Commerce, Other End Uses
Subsegments:
1) By Quick Response (QR) Or Barcode Recognition: 1D Barcode Scanners, 2D Barcode Scanners, QR Code Readers
2) By Object Recognition: Object Detection Scanners, Machine Vision Systems for Object Recognition, 3D Object Recognition Technologies
3) By Facial Recognition: Face Scanning Systems For Factory Access, AI-Based Facial Recognition Technology, Multi-Factor Authentication With Facial Recognition
4) By Pattern Recognition: Pattern Matching Algorithms, Optical Pattern Recognition Systems, Barcode And QR Code Pattern Recognition
5) By Optical Character Recognition (OCR): OCR For Barcode Reading, Text Recognition Systems For Factory Automation, Handwritten Text Recognition
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What Key Drivers Are Expected to Influence Future Identification (ID) Barcode Readers In Factory Automation Market Growth?
The increasing adoption of image recognition applications is expected to drive the growth of ID barcode readers in the factory automation market moving forward. Image recognition, which involves identifying and detecting objects in digital images, is a key factor in improving efficiency, accuracy, and traceability in production and inventory management. In factory automation, ID barcode readers equipped with image recognition technology can quickly and accurately process barcodes, thereby enabling automated data retrieval and reducing errors. According to a report by Capital Economics in January 2022, about 10% of businesses in the UK are planning to adopt AI technologies, with 5% focusing on computer vision and image recognition. As AI applications like image recognition are increasingly used in industrial settings, the demand for ID barcode readers in factory automation is growing.
Which Companies Hold the Largest Share Across Different Identification (ID) Barcode Readers In Factory Automation Market Segments?
Major companies operating in the identification (ID) barcode readers in factory automation market are Hitachi Ltd., Siemens AG, Qualcomm Technologies Inc., Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Toshiba Corporation, Ricoh Company Ltd., Emerson Electric Co., Rockwell Automation Inc., Keyence Corporation, Omron Electronics LLC, Zebra Technologies, Cognex Corporation, Data Logic S.p.A, Jadak LLC, ECOM Instruments GmbH, Clarifai Inc., Wikitude GmbH, Custom Sensors Inc
What Are the Major Trends Shaping the Identification (ID) Barcode Readers In Factory Automation Market?
Leading companies in the identification (ID) barcode reader market for factory automation are putting their focus on the innovation of ID barcode technology applications, such as compact industrial 1D code readers. These readers offer a dependable and high-performing solution for barcode reading. Compact industrial 1D code readers are barcode scanners specifically designed for use in manufacturing and logistics contexts. For example, in January 2024, the Italy-based industrial automation company Datalogic S.p.A. introduced the Blade Series. This is a new range of compact industrial 1D code readers crafted to deliver state-of-the-art traceability in the packaging and intralogistics sectors. The Blade Series boasts a fixed-state 1920x128 pixel camera sensor, cutting-edge lighting, and precise 1-dimensional decoding, ensuring reliable detection of labels, even if they are discolored, damaged, worn out, or of low quality.
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What Are the Emerging Geographies for The Identification (ID) Barcode Readers In Factory Automation Market Growth?
North America was the largest region in the identification (ID) barcode readers in the factory automation market in 2024. The regions covered in the identification (ID) barcode readers in factory automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Identification (ID) Barcode Readers In Factory Automation Market?
2. What is the CAGR expected in the Identification (ID) Barcode Readers In Factory Automation Market?
3. What Are the Key Innovations Transforming the Identification (ID) Barcode Readers In Factory Automation Industry?
4. Which Region Is Leading the Identification (ID) Barcode Readers In Factory Automation Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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