Research Reports
Automatic Identification and Data Capture [AIDC] Market is projected to expand at a CAGR of 9.5% from 2020 to 2030
Published by TMR Research Insights
Posted on August 27, 2021
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Published by TMR Research Insights
Posted on August 27, 2021
Automatic Identification and Data Capture (AIDC) Market: Introduction
Transparency Market Research delivers key insights on the global automatic identification and data capture (AIDC) market. In terms of revenue, the global automatic identification and data capture (AIDC) market is estimated to expand at a CAGR of 9.5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global automatic identification and data capture (AIDC) market.
The global automatic identification and data capture (AIDC) market is broadly impacted by several factors, such as increasing focus on asset tracking and asset management, rising investment in advance technology for real-time measurement, and increasing penetration of tracking technologies among various industries.
Government Initiatives for Adoption of Novel Technologies Fueling Market Growth
Various initiatives of government authorities are expected to fuel the growth of the automatic identification and data capture (AIDC) market during the forecast period. The Government of China is planning to implement RFID tags on vehicles in the country to reduce traffic congestions. The Ministry of Public Security, China, is expected to iplement RFID reading devices on the side of roads to reduce traffic congestion and control pollution.
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4North Mississippi Medical Center (NMMC), based in Mississippi, the U.S., implemented RAIN RFID tags and readers from Impinj, Inc. in its facility for efficient medication management. The medications are labeled with RFID tags that provide details such as expiration date, usage, and storage lot number of medications. NMMC has observed improved regulatory compliance and significant decline in manual errors. Thus, increasing government initiatives toward adoption of novel technologies is significantly driving the automatic identification and data capture market
Automatic Identification and Data Capture (AIDC) Market: Prominent Regions
North America is leading the automatic identification and data capture (AIDC). The automatic identification and data capture (AIDC) market in North America is expected to reach US$ 35,527.2 Mn by the end of year 2030, at a CAGR of 9.1% during the forecast period. The high demand from the North America retail industry specific to asset and goods tracking is a major factor driving the automatic identification and data capture (AIDC) market in this region.
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Automatic Identification and Data Capture (AIDC) Market: Key Players
Key players operating in the global automatic identification and data capture (AIDC) market are Alien Technology, Cipherlab Co., Ltd., Cisco Systems, Inc., Datalogic S.p.A, Honeywell International, Impinj, Inc., JADAK, a Novanta Company NEC Corporation, Seiko Epson Corporation, SATO Europe GmbH, Toshiba Corporation, and Zebra Technologies.
The automatic identification and data capture (AIDC) market is slated to surpass US$ 93.4 Bn mark by 2030. Manufacturers are innovating in advanced barcode scanners to increase product uptake. For instance, Zebra’s barcode scanners are gaining market recognition, owing to its advanced scanning abilities of detecting damaged barcodes and its durability of functioning in harsh work environments. Manufacturers in the automatic identification and data capture (AIDC) market are taking cues from such companies and introducing round the clock ergonomics in barcode scanners. Companies are mainly focusing on incorporating proprietary technologies in scanner to gain a competitive edge over other manufacturers.
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About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
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Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
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Automatic Identification and Data Capture (AIDC) Market: Introduction
Transparency Market Research delivers key insights on the global automatic identification and data capture (AIDC) market. In terms of revenue, the global automatic identification and data capture (AIDC) market is estimated to expand at a CAGR of 9.5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global automatic identification and data capture (AIDC) market.
The global automatic identification and data capture (AIDC) market is broadly impacted by several factors, such as increasing focus on asset tracking and asset management, rising investment in advance technology for real-time measurement, and increasing penetration of tracking technologies among various industries.
Government Initiatives for Adoption of Novel Technologies Fueling Market Growth
Various initiatives of government authorities are expected to fuel the growth of the automatic identification and data capture (AIDC) market during the forecast period. The Government of China is planning to implement RFID tags on vehicles in the country to reduce traffic congestions. The Ministry of Public Security, China, is expected to iplement RFID reading devices on the side of roads to reduce traffic congestion and control pollution.
For More Industry Insight, Request Sample@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=27026
4North Mississippi Medical Center (NMMC), based in Mississippi, the U.S., implemented RAIN RFID tags and readers from Impinj, Inc. in its facility for efficient medication management. The medications are labeled with RFID tags that provide details such as expiration date, usage, and storage lot number of medications. NMMC has observed improved regulatory compliance and significant decline in manual errors. Thus, increasing government initiatives toward adoption of novel technologies is significantly driving the automatic identification and data capture market
Automatic Identification and Data Capture (AIDC) Market: Prominent Regions
North America is leading the automatic identification and data capture (AIDC). The automatic identification and data capture (AIDC) market in North America is expected to reach US$ 35,527.2 Mn by the end of year 2030, at a CAGR of 9.1% during the forecast period. The high demand from the North America retail industry specific to asset and goods tracking is a major factor driving the automatic identification and data capture (AIDC) market in this region.
Buy Our Premium Research Report@ https://www.transparencymarketresearch.com/checkout.php?rep_id=27026<ype=S
Automatic Identification and Data Capture (AIDC) Market: Key Players
Key players operating in the global automatic identification and data capture (AIDC) market are Alien Technology, Cipherlab Co., Ltd., Cisco Systems, Inc., Datalogic S.p.A, Honeywell International, Impinj, Inc., JADAK, a Novanta Company NEC Corporation, Seiko Epson Corporation, SATO Europe GmbH, Toshiba Corporation, and Zebra Technologies.
The automatic identification and data capture (AIDC) market is slated to surpass US$ 93.4 Bn mark by 2030. Manufacturers are innovating in advanced barcode scanners to increase product uptake. For instance, Zebra’s barcode scanners are gaining market recognition, owing to its advanced scanning abilities of detecting damaged barcodes and its durability of functioning in harsh work environments. Manufacturers in the automatic identification and data capture (AIDC) market are taking cues from such companies and introducing round the clock ergonomics in barcode scanners. Companies are mainly focusing on incorporating proprietary technologies in scanner to gain a competitive edge over other manufacturers.
More Trending Reports by Transparency Market Research –
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Follow Us: Twitter | LinkedIn