Rubin_McCarter

Rubin_McCarter

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Global ID Barcode Readers In Factory Automationm

Rubin_McCarter
Rubin_McCarter 10/23/2018 9:52:29 PM

Global ID Barcode Readers In Factory Automation Market Outlook, Size, Status, and
Forecast to 2018-2025


Global ID Barcode Readers In Factory Automation Market is expected to reach USD 3,029.34 million by 2025 and is projected to register a CAGR of healthy rate in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculate on is 2017 and the forecast period is 2018 to 2025.

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Major Players:

Some of the major players operating in this market are

· Cognex Corporation,

· ZIH Corp,

· Omron Honeywell International Inc.,

· Datalogics S.p.A, Among others.

Segmentation:

Global ID Barcode Readers In Factory Automation Market — Industry Trends and Forecast to 2025

· By Product Type (Fixed Mount Barcode Scanner, Handheld Scanner, Mobile Computers, Barcode Scanners, Others),

· By Technology (Laser Scanners, Omnidirectional Barcode Scanners, Camera-Based Readers, CCD Readers (Charge Coupled Device), RFID (Radio Frequency Identification) Technology, Pen-Type Scanners, Others),

· By Barcode Type (2D, 1D),

· By Vertical (Consumer Electronics, Automotive, Logistics, Food & Beverage, Pharmaceutical & Medical, Packaging, Oil & Gas, Others),

· By Geography (North America, Europe, Asia-Pacific, South America, Middle East & Africa)

Drivers:

The major factors contributing to the growth of the market includes factors such as growing need for data accuracy and data storage, increasing adoption of barcodes in various industries.

GROWING NEED FOR DATA ACCURACY AND DATA STORAGE

The need for data accuracy and data storage is expected to enhance ID barcode reading in factory automation market in coming years. Rising need for accurate measurement tools and quality control across the various manufacturing industries is anticipated to drive ID barcode reader in factory automation. 

Barcode reader collects real time data from assembly line to outbound logistic. Real-time data collection tools help manufacturers to improve productivity and profitability of business. The manual entry and storage of data on paper impact data accuracy and authenticity. The barcode reader is an asset tracking system which helps in inventory control, maintenance management and resource utilization. 

They are one of the key factors for data accuracy. Barcodes readers are, cost-efficient and an effective tools for providing accurate data to manufacturing industries. As per leading company Zebra Corporation, barcode reader gives greater than 99.9 percent data accuracy. 

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Increasing adoption of barcodes in various industries

The adoption of barcode reader is increasing at a rapid pace. Barcode scanners have become one of the best solutions to record product information without making any major manual error. The technological advantages and cutting-edge features of barcode scanners are making them popular in various industries. Barcode scanners have propelled the growth of industries such as automotive, food & beverage, consumer electronic, oil & gas, pharmaceutical & medical, packaging, logistics and others. Barcode scanner has increased mobility and wireless connectivity, efficiency and reduced human error across various industries. In addition, barcode reader has improved time management of various processes like tracking equipment while dispatching to different work sites, proper product delivery by proper packing line, import and export shipment, inventories of in-house materials and equipment.

Advantages of Barcodes in Industries are:-

· Reduction in errors that cause repetition of work

· Improved accountability for equipment among employees

· Greater customer satisfaction


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Rubin_McCarter
Written by

Rubin_McCarter

Market Research Expert | Data Bridge Market Research |

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