Woodridge, 2018 May (Press Release) – Global Automatic Identification & Data Capture Market was valued at USD 42.29 Billion in the year 2017. Global Automatic Identification & Data Capture Market is further estimated to grow at a CAGR of 9.94% from 2018 to reach USD 74.68 Billion by the year 2023. North America region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period. At country level, developed markets like U.S holds the highest market share in 2017 and it is projected to grow strongly in the coming years.
Bluebird Inc. (South Korea), Honeywell International Inc. (U.S.), TSC Auto Id Technology Co, Ltd., Datalogic S.p.A., Seagull Scientific, Inc., Allien Technologies Corporation, Avery Dennison Corporation, Axicon Auto ID Ltd., 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 acquisition, merger and expansion of the distribution network were few techniques adopted by most of the Tier 1 and Tier 2 manufacturers in recent years.
Get Free Sample Report: https://www.prominentmarketresearch.com/sample-report/34308
Key Market Players
Honeywell International Inc.
TSC Auto Id Technology Co, Ltd.
Seagull Scientific, Inc.
Allien Technologies Corporation
Avery Dennison Corporation
Axicon Auto ID Ltd.
Toshiba Tec Corporation
Zebra Technologies Corporation
Unitech Electronics Co. Ltd.
Get Customized Report: https://www.prominentmarketresearch.com/inquiry-report/34240
Increasing Infrastructure and Security
Increasing demand for Healthcare sector
The processing and performance of data capture
Amongst various Product type, Biometrics Systems segment is expected to hold the highest market share because of the increasing security in various industries and other sectors during the forecast period.
On the other hand Healthcare segment for this market is expected to grow at the highest CAGR during year 2018-2023.
Key Benefits for Stakeholders
Automatic Identification & Data Capture Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
End use industries, Regulatory bodies.
Ask for Discount: https://www.prominentmarketresearch.com/discount-report/34219
Market by Technology
Dot Matrix Printers
Market by Product Type
Software & Services
Wand Barcode Scanners
Magnetic Stripe Readers
Smart Card Readers
Optical Character Recognition (OCR)
Transportation & Logistics
Banking and Financial
Augmented Reality Applications:
-Aerospace & Defense
Virtual Reality Applications: