Automatic Identification and Data Capture Market Overview

Maximize Market Research, a leading Business Consultancy Firm, has released an in-depth analysis of the “Automatic Identification and Data Capture Market.” The report provides crucial business insights, including demand analysis, pricing strategies, and a detailed competitive landscape. It presents a thorough examination of the current status of the Automatic Identification and Data Capture market, with projections extending into the year.

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Market Growth Estimate:

Automatic Identification and Data Capture Market size was valued at USD 61.45 Bn. in 2023 and the total Automatic Identification and Data Capture revenue is expected to grow by 15.2% from 2024 to 2030, reaching nearly USD 165.45 Bn.

Automatic Identification and Data Capture Market Scope and Methodology:

The Automatic Identification and Data Capture market report offers extensive information on key factors anticipated to drive industry growth as well as upcoming challenges. This research provides stakeholders with a detailed understanding of the competitive environment, notable product offerings by major companies, and potential investment opportunities within the Automatic Identification and Data Capture industry. The analysis covers both qualitative and quantitative aspects of the sector, incorporating a comprehensive evaluation of regional markets for the Automatic Identification and Data Capture Market.

Market dynamics for automatic identification and data capture:

increasing demand coming from different industries

Many advantages come with automatic identification and data capture (AIDC), including reduced costs and labor-intensive manual data entry, reduced errors in data collection and identification, expedited data collection, and simplified inventory management. These advantages have led to ADC's widespread adoption in a range of end-use industries.

Automatic Identification and Data Capture Market Segmentation

The report provides a detailed segmentation of the Automatic Identification and Data Capture Market, highlighting key segments and sub-segments to offer a nuanced understanding of market.

by Product

Smart Cards
RFID Systems
Barcoding Solutions
Biometric Systems
Magnetic Stripe Cards
Optical Character Recognition (OCR) Systems
Voice-Directed WMS
Heads-Up Displays
Wearables
VR Solutions
Google Glass

In terms of product, the Biometric Systems category held the largest market share in 2023 and is anticipated to expand at a 14.8% compound annual growth rate (CAGR) throughout the forecast period. By the end of the projection, this segment is anticipated to control the majority of the market due to the rising demand for biometric scanners across a range of end-user industries. Biometric devices are commonly used in forensics to detect criminal activity, in cars to enable keyless entry, and in mobile payments to identify users. Similarly, the need for biometric scanners is rising due to the growing use of biometric identification systems, especially for crossing international borders to bolster national security. This is anticipated to fuel sector revenue growth.

by Offerings

Hardware
Software
Services

by Vertical

Manufacturing
Retail
Transportation & Logistics
Hospitality
Banking & Finance
Healthcare
Government
Commercial
Energy & Power

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Automatic Identification and Data Capture Market Regional Insights

This report includes a detailed analysis of all relevant parameters such as market size, growth rate, and import/export dynamics by region. The geographical study facilitates an understanding of the Automatic Identification and Data Capture market conditions across various nations. The market encompasses regions including Europe, Asia Pacific, Latin America, Africa, and the Middle East, offering a global perspective on market trends and dynamics.

Automatic Identification and Data Capture Market Key Players

1. JADAK Tech (US)
2. Code Corporation (US)
3. IMPINJ Inc. (US)
4. Avery Dennison Corporation (US)
5. Cognex Corporation (US)
6. Zebra Technologies (US)
7. Honeywell International (US)
8. Allien Technology Corporation (US)
9. Epson America Inc. (US)
10. Urovo Technology (China)
11. Shandong New Beiyang (China)
12. Toshiba Tec Corporation (Japan)
13. Denso Wave (Japan)
14. Keyence (Japan)
15. Panasonic (Japan)
16. NEC Corporation (Japan)
17. SATO Worldwide (Japan)
18. Vitronic (Germany)
19. cab Produkttechnik GmbH (Germany)
20. SICK AG (Germany)
21. Opticon Sensors Europe B.V. (Netherlands)
22. Newland Europe BV (Netherlands)
23. NXP Semiconductors (Netherlands)
24. Godex International (Taiwan)
25. TSC Auto ID Technology Co., Ltd. (Taiwan)
26. Unitech Electronics Co. Ltd (Taiwan)
27. Datalogic S.p.A (Italy)
28. Bluebird Inc. (South Korea)
29. Better Online Solutions Ltd. (Israel)
30. Axicon Auto ID Ltd. (UK)

Table of content for the Automatic Identification and Data Capture Market includes: 

Part 01: Executive Summary

Part 02: Scope of the Automatic Identification and Data Capture Market Report

Part 03: Automatic Identification and Data Capture Market Landscape

Part 04: Automatic Identification and Data Capture Market Sizing

Part 05: Automatic Identification and Data Capture Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Key questions answered in the Automatic Identification and Data Capture Market are:

• What is Automatic Identification and Data Capture?
• What was the Automatic Identification and Data Capture market size in 2023?
• What is the growth rate of the Automatic Identification and Data Capture Market?
• Which are the factors expected to drive the Automatic Identification and Data Capture market growth?
• What is the CAGR at which the Automatic Identification and Data Capture market will grow during the forecast period?
• What are the different segments of the Automatic Identification and Data Capture Market?
• Which is the fastest growing region in the Automatic Identification and Data Capture market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis

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