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rubin-mccarter · 6 years

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Europe ID Barcode Readers In Factory Automation Market -Forecast Period 2018-2025

Europe ID Barcode Reading In Factory Automation Market was valued at USD 794.60 million in 2017 and growing at a lucrative rate of CAGR in the assessment period. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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. On the other hand, high installation costs of barcode reader in factory automation are hampering the market growth

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Key Drivers:

Some of the major factors driving the market for Europe ID barcode readers in factory automation market are growing need for data accuracy and data storage, increasing adoption of barcodes in various industries

Europe ID Barcode Reading 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 Country (Germany, United Kingdom, France, Spain, Italy, Russia, Turkey, Belgium, Nether lands, Switzerland, Rest of Europe)

COGNEX CORPORATION:

Cognex was founded in 1981 and is headquartered at Massachusetts, U.S. The company is a leading manufacturer of vision systems, software, sensors, and industrial barcode readers used in manufacturing automation. The company offers various product such as machine vision, vision sensor, vision system, 3D laser profile, vision software, OEM products, barcode readers, fixes mount barcode readers, handheld barcode reader, mobile solutions, barcode verifiers and ESD safe barcode readers.

ZIH CORP

Founded in 1969 and headquartered in Illinois, U.S. The company is involved in the design, manufacture and sells of an extensive range of AIDC products. The company operates through two business segments: Asset Intelligence & Tracking and Enterprise Visibility & Mobility. Enterprise visibility & mobility segment includes mobile computing, data capture & RFID and other services.

HONEYWELL INTERNATIONAL INC:

Founded in 1906 and headquartered in New Jersey, U.S. Honeywell international Inc. manufactures commercial and consumer products. The company operates in various business segments which include aerospace, home and building technologies, performance materials & technologies and safety & productivity solutions business segments.

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rubin-mccarter · 6 years

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Global ID Barcode Readers In Factory Automation Market -Forecast Period 2018-2025

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

The global ID barcode readers in factory automation market highly concentrated to a few big players and rest to local players who cater to domestic markets only.

ID barcode readers in factory automation market is dominated by Cognex Corporation accounting for a highest market share in 2017, followed by ZIH Corp, Honeywell International, Datalogic S.p.A among others.

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COGNEX CORPORATION:

Cognex was founded in 1981 and is headquartered at Massachusetts, U.S.

The company offers various product such as machine vision, vision sensor, vision system, 3D laser profile, vision software, OEM products, barcode readers, fixes mount barcode readers, handheld barcode reader, mobile solutions, barcode verifiers and ESD safe barcode readers.

The company’s subsidiaries include Cognex Oy (Finland), Cognex Internationa Inc. (France), Cognex Inc (Germany), Cognex Ltd. (Ireland), Cognex B enelux (Netherlands), Cognex Ltd (U.K) and Cognex KK (Japan).

The company follows various environmental regulations such as European Union’s Restriction of Hazardous Substances (RoHS) and Waste Electrical and Electronic Equipment (WEEE) Directives.

ZIH CORP

Founded in 1969 and headquartered in Illinois, U.S.

The company is involved in the design, manufacture and sells of an extensive range of AIDC products.

The company has various certifications including ISO 9001 – 2015, ISO 9001 and ISO 14001 Certificates Some of its subsidiaries are Psion Teklogix Inc. (Canada), Multispectral Solutions Inc (U.S.) Zebra Technologies Asia Pacific LLC(Singapore), Zebra Technologies Europe Limited(Europe), Proveo GmbH (Germany), Swecoin AB(Sweden) among others. The company offers products and services in over 180 countries with 114 facilities.

HONEYWELL INTERNATIONAL INC:

Founded in 1906 and headquartered in New Jersey, U.S.

Honeywell international Inc. manufactures commercial and consumer products.

The company operates in various business segments which include aerospace, home and building technologies, performance materials & technologies and safety & productivity solutions business segments.

The bar code reader products fall under industrial applications which include facilities and operations, industrial controls, energy solutions, smart energy and utilities and others.

Some of its subsidiaries are Honeywell Security (U.S.), UOP LLC (U.S.), RAE Systems (U.S.), Tridium, Inc., Alerton (U.S.), Novar Controls (U.S.) and others.

Major Player:

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 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.

In 2012, Wasp Barcode Technologies (U.S.) launched WWS450 2D barcode scanner with base and the DT10 mobile computer. These scanners accurately reads 1D barcodes up to 20 inches away and 2D barcodes up to 12 inches away with its digital imager scan engine.

In 2017, SCANDIT (Switzerland) launched Barcode Scanner SDK which powers mobile data and assist store staff to quickly scan barcodes to gain access to stock records, product information, price, and product imagery and proper data accuracy.

Mention below is some of the manufacturing industries using 2D barcode scanner:-

In automotive industry the barcode reader is used from assembly to final inspection. With the advancement of artificial intelligence technology the barcode readers have achieved an exceptional quality and safety.

In electronics industry the barcode reader is used in production and packaging. The electronic industry uses barcode scanner for inspection of electronic materials, semiconductors, components, integrated circuit (IC) packaging, and finished electronic equipment.

In pharmaceutical industry the barcode scanner improves quality and performance by eliminating defects, verifying assembly, and tracking and capturing information in an overall process.