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.
Major Key Players of
the 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.
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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 implement RFID reading
devices on the side of roads to reduce traffic congestion and control
pollution. North 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
Global Automatic Identification and Data Capture (AIDC)
Market: Segmentation
Automatic Identification and Data Capture (AIDC) Market,
by Component
- Hardware
- RFID
Reader
- Barcode
Scanner
- Smart
Cards
- Magnetic
Ink Character Recognition (MICR) Devices
- Optical
Character Recognition (OCR) Devices
- Biometric
Devices
- Software
- Services
- Integration
& Installation
- Support
& Maintenance
Automatic Identification and Data Capture (AIDC) Market, by
End User
- Transportation
- Logistics
& Warehouse
- Courier
& Postal Services
- Retail
- e-Commerce
- FMCG
- Manufacturing
- Healthcare
- Others
(Toll Plaza, etc.)
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Research objectives:-
– To study and analyze the global Automatic Identification
and Data Capture (AIDC) consumption (value & volume) by key
regions/countries, product type and application, history data.
– To understand the structure of the Automatic
Identification and Data Capture (AIDC) market by identifying its various
sub-segments.
– Focuses on the key global Automatic Identification and
Data Capture (AIDC) manufacturers, to define, describe and analyze the sales
volume, value, market share, market competitive landscape, SWOT analysis, and
development plans in the next few years.
– To analyze the Automatic Identification and Data Capture
(AIDC) with respect to individual growth trends, future prospects, and their
contribution to the total market.
– To share detailed information about the key factors
influencing the growth of the market (growth potential, opportunities, drivers,
industry-specific challenges and risks).
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