#Image Based Barcode Reader Market
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Machine Vision Market: Innovations in 3D Vision & Imaging Technology - UnivDatos
According to a new report by Univdatos Market Insights, the Machine Vision Market is expected to reach around USD 25.64 billion in 2032 by growing at a CAGR of 8.8%. Machine vision can be defined as the technology and systems employed in imaging-based automatic inspection and analysis in use such as quality assurance, inspection, and process control. It enables an object to analyze and perform actions concomitant to vision as compared to human vision though a lot less accurate and slower. Machine vision systems can be as simple as having a camera, a lens, and light to process a particular image and have an interface by which information can be transferred. These systems may be comprised of a mere barcode reader or may cover fully automatic systems that help a robot on the factory floor, or a machine detect extremely small flaws in almost real-time high-speed production.
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Global Demand for Machine Vision
1. Industrial Automation:
One of the many factors for the increased demand for machine vision is the encouragement of automation in manufacturing. Automated systems have made it easier for factories since they check the quality of what they produce thus avoiding more mistakes. Automation is not only time saving but also reduces the involvement of humans which not only saves money but also helps to avoid accidents in dangerous areas.
2. Technological Advancements:
Current advancements in machine learning and AI plus the use of deep learning are making these machine vision systems more effective and flexible. With an enhancement of the resolution of the camera, the processing software, and the computing capacity, machine vision can be implemented in more difficult and complex scenarios like in the diagnosis of diseases, or self-driving cars.
3. Global Expansion of Automotive and Electronics Sectors:
This has been a result of the growth of the automotive and electronics industries, especially in Asia-Pacific where demand for machine vision has been realized. Since manufacturers in these sectors demand accuracy and quality assurance in production, machine vision is an indispensable tool in the production of components including semiconductors, circuit boards, and vehicle parts.
Applications of Machine Vision
1. Manufacturing and Quality Control
In manufacturing, the most applied field of machine vision is used in quality assurance and for inspection. Automated visual inspection is useful in identifying defects, imperfections, or variations in shape, size, or colour that might have occurred during production hence making sure that the consumer is not sold substandard products. Some areas that are hard for a human being to see, points like surface cracks, wrong joining or lack of parts, are matters of detail that machine vision systems can easily detect. These types of systems facilitate increased speed of production, and accuracy of processing in addition to reducing errors arising out of manual operations.
2. Automotive Industry
The main use of machine vision in automotive manufacturing is the use of the vision system in assembly line processes and operations as well as the development of self-driving cars. Automated vision systems make it possible to achieve a high degree of accuracy in the placement of parts and in applications like welding, painting, and assembling components by robots which is otherwise a complex task.
3. Healthcare and Medical Diagnostics
In healthcare, there is greater usage of machine vision systems in imaging techniques such as X-ray, MRI, and CT scans to improve doctors’ diagnosis of diseases. In laboratories, machine vision is used in activities such as the analysis of blood samples, counting cells, and identifying peculiarities in medical images. Consequently, Machine vision technology is predicted to have a higher importance in the identification of early diseases and the use of customized medicine in the future.
4. Retail and Logistics
Machine vision is also being applied in retail and logistics industries as it comes in the use of barcode scanning, grouping of products, and stock management. Machine vision that is used in Amazon Go stores helps identify purchased items and record the checkout process without scanning those products with handheld scanners. In warehouses, machine vision systems are used in such operations as picking and packing where robots take charge thus minimizing human contact.
Recent Developments/Awareness Programs: - Several key players and governments are rapidly adopting strategic alliances, such as partnerships, or awareness programs: -
• December 2022 - German innovator in lighting technology SAC Sirius Advanced Cybernetics GmbH ("SAC") has been acquired by Cognex. The acquisition broadens Cognex's reach into sectors like automotive and consumer electronics that produce products quickly and with little tolerance for failures that endanger safety.
• September 2022 - To support the NVIDIA Jetson OrinTM Nano system-on-modules (SOMs), which have raised the bar for entry-level edge Artificial Intelligence (AI) and robotics, Basler introduced add-on camera kits with 5 and 13 MP.
• September 2022 - The 2-megapixel Optimom from Teledyne e2v is a collection of turnkey optical modules that can be "instantly" integrated into embedded-vision systems. It has a compact board, an FPC connector that is widely used in industry, an integrated low-noise global shutter image sensor from Teledyne e2v, and supplemental lenses.
• August 2021- The innovative "VT-S10 Series" PCB inspection system has been released by OMRON Corporation. With the help of this system, high-precision inspection of electronic substrates is automated without the need for specialized knowledge.
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Conclusion:
The global machine vision market is expected a lot of growth soon because of technological development, automation, AI, and the coming up of Industry 4.0. Due to its versatility in manufacturing, automotive, health care, and electronic industries, machine vision has become an essential tool for improving quality, productivity, and safety. In the future, increasing technological improvement of vision systems will allow for higher and more diverse performance benefits in areas such as upcoming self-driving cars and individualized medicine. The future of the machine vision market can be described as promising with huge potential for further development of new and unique solutions. According to the UnivDatos Market Insights analysis, the rise in industrial robots and their applications in inspection, quality control, and guidance is a major driver of the market. Furthermore, smart factories and Industry 4.0 initiatives promote machine vision integration for process optimization. The market was valued at USD 12.2 billion in 2023, growing at a CAGR of 8.8% during the forecast period from 2024 - 2032.
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Image Based Barcode Reader Market 2024 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2033
The image based barcode reader global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Image Based Barcode Reader Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size -
The image based barcode reader Market size has grown strongly in recent years. It will grow from $1.83 billion in 2023 to $1.95 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to increasing automation and Industry 4.0, increasing demand for efficient barcode scanning solutions, increasing demand for barcode technology, and increasing revenue and productivity.
The image based barcode reader market size is expected to see strong growth in the next few years. It will grow to $2.50 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing e-commerce and retail sectors, rising adoption of automation and Industry 4.0, increasing demand for image based barcode readers, and increasing requirements for automation. Major trends in the forecast period include AI and machine learning integration, penetration of sophisticated barcodes and QR codes, technological advancements, advancements in imaging technology, and integration into smartphone technology.
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The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers -
The increasing e-commerce and retail sectors are expected to propel the growth of the image based barcode reader market going forward. E-commerce refers to the buying and selling of goods and services over the internet, and retail encompasses both physical (brick-and-mortar) stores and online sales channels. The popularity of e-commerce and the retail sector is rising due to factors such as the convenience of online shopping, the wide variety of products available, and the increasing use of mobile devices and internet connectivity. Image based barcode readers enhance e-commerce and retail by enabling accurate inventory management, faster checkouts, and efficient order fulfillment through their ability to read various barcode types from any orientation. For instance, in May 2024, according to the United States Census Bureau, a US-based government agency, in the first quarter of 2024, e-commerce sales rose by 8.5 percent (±1.1%) compared to the first quarter of 2023, while total retail sales increased by 2.8 percent (±0.5%) during the same period. Therefore, the increasing e-commerce and retail sectors are driving the image based barcode reader market.
Market Trends -
Major companies operating in the image based barcode reader market are focusing on developing technologically advanced solutions, such as artificial intelligence (AI)-assisted barcode reader systems, to enhance accuracy, speed, and functionality in barcode scanning applications. AI-assisted barcode reader systems refer to barcode scanning technologies enhanced with artificial intelligence capabilities, enabling advanced image processing algorithms to accurately and swiftly decode barcodes from various orientations and conditions. For instance, in October 2023, Cognex Corporation, a US-based system software company, launched the DataMan 380 series of fixed-mount, image-based barcode readers to maximize throughput and traceability across a variety of applications in logistics and manufacturing. The new readers are equipped with a high-resolution CMOS sensor of up to 16.13 MPixel and are designed to increase throughput by simultaneously processing 1D and 2D codes using AI-accelerated decoding. It simplifies deployments compared to using multiple conventional readers and is ideal for robotic pick-and-place, pallet scanning, and tire barcode reading, enhancing throughput in logistics and manufacturing.
The image based barcode reader market covered in this report is segmented –
1) By Type: Handheld Barcode Reader, Stationary Barcode Reader
2) By Technology: S Mounted Lens, C Mounted Lens, Autofocus Or Liquid Based Lens
3) By Connectivity: Universal Serial Bus (USB), Bluetooth, Wi-Fi And POE (Power Over Ethernet)
4) By Application: Retail And Wholesale, Logistics And Warehousing, Industrial Manufacturing, Healthcare
5) By End Use: Retail And Commercial, Manufacturing, Automotive, Food And Beverages, Semiconductors, General Manufacturing, Health Care, Logistics And Warehouse, Commercial Aviation, Defense
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Regional Insights -
North America was the largest region in the image based barcode reader Market in 2023. The regions covered in the image based barcode reader market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies -
Major companies operating in the image based barcode reader market are DENSO Corporation, Honeywell International Inc., Omron Corporation, Zebra Technologies, SICK Vertriebs-GmbH, Cognex Corporation, Datalogic S.p.A., Scandit AG, Blue Bird Corporation, CipherLab Co. Ltd., Code Corporation, Newland Auto-ID Tech Co. Ltd., Jadak a Novanta Company, Argox Information Co. Ltd., RTscan Technology Limited, Socket Mobile Inc., SATO Holdings Corporation, Microscan Systems Inc., Marson Technology Co. Ltd., Opticon Sensors Europe B.V., Axicon Auto ID Ltd., Keyence Corporation, NCR Corporation, MindSEO Lda
Table of Contents
1. Executive Summary
2. Image Based Barcode Reader Market Report Structure
3. Image Based Barcode Reader Market Trends And Strategies
4. Image Based Barcode Reader Market – Macro Economic Scenario
5. Image Based Barcode Reader Market Size And Growth
…..
27. Image Based Barcode Reader Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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Identification (ID) Barcode Readers In Factory Automation Market Expansion 2024-2033: Growth Drivers and Dynamics
The identification (id) barcode readers in factory automation global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Identification (ID) Barcode Readers In Factory Automation Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The identification (ID) barcode readers in the factory automation market size have grown strongly in recent years. It will grow from $2.38 billion in 2023 to $2.56 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to improved database integration capabilities for data management, automatic data capture and process automation, advancements in mobile compatibility for ID barcode scanning, increasing adoption of ID barcode reading in diverse industries, reduced errors in data entry and record-keeping.
The identification (ID) barcode readers in the factory automation market size are expected to see strong growth in the next few years. It will grow to $3.43 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to the increasing use of image recognition applications, growing demand for precision and reliability in production, adoption of high-speed scanners for faster processing, expansion of regulatory requirements and industry standards, and increasing need for secure and tamper-resistant id verification. Major trends in the forecast period include innovation in ID barcode technology applications, compliance assurance, quality control enhancement, product innovation, and advanced barcode readers.
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Scope Of Identification (ID) Barcode Readers In Factory Automation Market The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Identification (ID) Barcode Readers In Factory Automation Market Overview
Market Drivers - The increasing use of image recognition applications is expected to drive the growth of ID barcode readers in the factory automation market going forward. Image recognition refers to identifying and detecting objects or features in digital images and photographs. The demand for ID barcode readers in factory automation to enhance efficiency, traceability, and error reduction in production and inventory management processes. Image recognition uses ID barcode readers to quickly and accurately identify and process information encoded in barcode images, facilitating automated data retrieval and management. For instance, in January 2022, according to a report published by Capital Economics, a UK-based economics company, about 2% of businesses are testing AI, and 10% plan to adopt AI technologies, which equals around 62,000 and 292,000 businesses, respectively. Among AI applications, data management and analysis are the most common, used by 9% of UK firms. This is followed by natural language processing (8%), machine learning (7%), AI hardware (5%), and computer vision/image recognition (5%). Therefore, the increasing use of image recognition applications drives growth in ID barcode readers in the factory automation market.
Market Trends - Major companies operating in the identification (ID) barcode reader market in the factory automation market are focusing on innovation in ID barcode technology applications, such as compact industrial 1D code readers, to provide reliable and high-performance barcode reading capabilities. Compact industrial 1D code readers are barcode scanners designed for manufacturing and logistics environments. For instance, in January 2024, Datalogic S.p.A., an Italy-based industrial automation company, launched the Blade Series, a new line of compact industrial 1D code readers designed to provide cutting-edge traceability for the packaging and intralogistics industries. It features a solid-state 1920x128 pixel camera sensor, advanced lighting, and high-precision 1-dimensional decoding. It consistently detects labels despite discoloration, damage, wear, or low quality.
The identification (ID) barcode readers in factory automation market covered in this report is segmented –
1) By Technology: Quick Response (QR) Or Barcode Recognition, Object Recognition, Facial Recognition, Pattern Recognition, Optical Character Recognition 2) By Offering: Hardware, Software, Services 3) By Deployment: Cloud, On-Premise 4) By Application: Augmented Reality, Scanning And Imaging, Security And Surveillance, Marketing And Advertising, Image Search 5) By End Use: Automobile And Transportation, Banking, Financial Services, And Insurance (BFSI), Government, Healthcare, Information Technology (IT) And Telecom, Media And Entertainment, Retail And E-Commerce, Other End Uses
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Regional Insights - North America was the largest region in the identification (ID) barcode readers in the factory automation market in 2023. The regions covered in the identification (ID) barcode readers in factory automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the identification (ID) barcode readers in factory automation market are Hitachi Ltd., Siemens AG, Qualcomm Technologies Inc., Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Toshiba Corporation, Ricoh Company Ltd., Emerson Electric Co., Rockwell Automation Inc., Keyence Corporation, Omron Electronics LLC, Zebra Technologies, Cognex Corporation, Data Logic S.p.A, Jadak LLC, ECOM Instruments GmbH, Clarifai Inc., Wikitude GmbH, Custom Sensors Inc
Table of Contents 1. Executive Summary 2. Identification (ID) Barcode Readers In Factory Automation Market Report Structure 3. Identification (ID) Barcode Readers In Factory Automation Market Trends And Strategies 4. Identification (ID) Barcode Readers In Factory Automation Market – Macro Economic Scenario 5. Identification (ID) Barcode Readers In Factory Automation Market Size And Growth ….. 27. Identification (ID) Barcode Readers In Factory Automation Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Image-Based Barcode Readers Market: What You Need to Know for 2024 and Beyond

In the fast-paced world of technology and commerce, Image-Based Barcode Readers Market are making a significant impact. Their role in revolutionizing how businesses manage inventory, process transactions, and streamline operations cannot be overstated. As we head into 2024, the global market for image-based barcode readers is experiencing remarkable growth. Let’s dive into the key factors driving this expansion and what it means for businesses worldwide.
A Surge in E-commerce and Retail
The digital shopping revolution has reshaped retail. With more consumers shopping online than ever before, businesses are scrambling to keep up with the demand. Image Based Barcode Reader Market are at the heart of this transformation, offering a vital tool for managing the high volume of orders and inventory changes that come with e-commerce.
Retailers are also blending online and offline experiences to cater to a seamless shopping journey. This omni channel approach means that inventory must be updated in real-time across all platforms. Image-based barcode readers ensure that whether a customer is shopping from a smartphone or in a physical store, the data remains consistent and accurate, bridging the gap between digital and in-person transactions.
Technological Advancements
Technology never stands still, and neither do image-based barcode readers. Recent advancements have significantly enhanced their capabilities. Today’s readers offer high-resolution imaging and rapid processing speeds, enabling businesses to scan and decode barcodes with unprecedented accuracy and efficiency.
Adding artificial intelligence (AI) and machine learning (ML) into the mix has taken these devices to the next level. AI-powered barcode readers don’t just capture data; they analyze it, identify patterns, and even predict future trends. This smart technology helps businesses make data-driven decisions and anticipate inventory needs, leading to more informed and strategic operations.
Automation Across Industries
Automation is a major trend across various sectors, from manufacturing to logistics. Businesses are increasingly turning to automated solutions to boost efficiency and reduce human error. Image-based barcode readers are a key component of this automation trend. They streamline tasks such as inventory management, quality control, and shipment tracking, helping companies operate more smoothly and with fewer mistakes.
In warehouses, where speed and accuracy are crucial, image-based barcode readers are proving indispensable. They facilitate quick inventory checks, efficient order picking and accurate shipment tracking, transforming warehouse operations and contributing to a more streamlined supply chain.
The Rise of Contactless Solutions
The focus on health and safety, accelerated by the COVID-19 pandemic, has pushed contactless solutions to the forefront. Image-based barcode readers fit perfectly into this new paradigm, offering a hygienic and efficient alternative to traditional scanning methods.
Contactless scanning reduces physical touchpoints, aligning with health protocols and enhancing user convenience. Whether in retail, healthcare, or other sectors, the ability to scan barcodes without physical contact is not only safer but also speeds up transactions and operations, making it a preferred choice for many businesses.
Global Adoption and Emerging Markets
As technology becomes more accessible, image-based barcode readers are expanding their reach into emerging markets. These regions are witnessing rapid industrial growth and technological adoption, driving significant demand for advanced scanning solutions.
The global market for image-based barcode readers is experiencing robust growth as companies across different continents integrate these technologies into their operations. Businesses worldwide are recognizing the value of image-based barcode readers in enhancing efficiency, accuracy, and overall operational effectiveness.
Key Players and Market Dynamics
Several key players are leading the charge in the image-based barcode readers market. Companies like Zebra Technologies, Honeywell, Datalogic and Cognex are at the forefront, continually innovating and improving their products to meet the evolving needs of businesses.
The market is driven by several factors, including the growing need for automation, the rise of e-commerce, and ongoing technological advancements. As these trends continue to shape the business landscape, image-based barcode readers are set to play an increasingly central role in how companies operate and manage their data.
Looking Ahead
The future of the image-based barcode readers market looks bright. As technology advances and businesses strive for greater efficiency and accuracy, the demand for these sophisticated scanning solutions is expected to grow. Image-based barcode readers are poised to become even more integral to modern business operations, offering valuable insights and capabilities that will drive continued innovation and growth.
In summary, the global growth of the image-based barcode readers market reflects a broader trend toward digital transformation and automation. With their ability to enhance efficiency, accuracy, and convenience, these devices are shaping the future of how businesses handle data and streamline their operations. As we move into 2024 and beyond, image-based barcode readers will remain a key technology in the ever-evolving landscape of commerce and industry.
This humanized overview provides a comprehensive look at the global growth of the image-based barcode readers market, capturing both the current trends and future outlook in an engaging manner. Let me know if you need further adjustments!
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How to Make a QR Code for a Link
How to Make a QR Code for a Link: A Comprehensive Guide
QR codes have become ubiquitous in our digital age, offering a convenient and efficient way to share information. Whether you're a business owner, marketer, or just someone looking to share a URL easily, creating a QR code for a link can be incredibly useful. This guide will walk you through the steps to make a QR code for a link, ensuring it's functional, appealing, and optimized for search engines.
What is a QR Code?
A QR code (Quick Response code) is a type of two-dimensional barcode that can store a significant amount of information. They can be scanned using a smartphone camera or a dedicated QR code reader, making them a versatile tool for quickly accessing information, websites, and more.
Why Use a QR Code for a Link?
Steps to Create a QR Code for a Link
1. Choose a QR Code Generator
Selecting a reliable QR code generator is the first step. Here are some popular options:
QR Code Generator: Offers a user-friendly interface with plenty of customization options.
QR Stuff: Provides a wide range of data types and customization features.
GoQR.me: A straightforward tool for basic QR code creation.
QRickit: Allows for various QR code types and color customization.
Choose a generator that fits your needs based on ease of use, customization options, and additional features like tracking and analytics.
2. Enter the URL
Once you've chosen a QR code generator, enter the URL you want to encode. Ensure the URL is correct and accessible. If the URL is particularly long, consider using a URL shortener (e.g., Bitly or TinyURL) to simplify the QR code and improve its scanability.
3. Customize Your QR Code
Many QR code generators offer customization options to make your QR code visually appealing and aligned with your branding. Customization options may include:
Color: Change the color of the QR code to match your brand colors.
Logo: Add a logo or image to the center of the QR code.
Design: Adjust the shape of the QR code’s corners and patterns.
While customization can make your QR code stand out, ensure that the changes do not affect its readability.
4. Test Your QR Code
Before distributing your QR code, it's crucial to test it with multiple devices and QR code readers to ensure it works correctly. Scan the code using different smartphones and QR code apps to verify that it directs users to the intended link without any issues.
5. Download and Share Your QR Code
Once you’re satisfied with your QR code, download it in the appropriate format (PNG, SVG, or EPS). High-resolution formats are preferable for printing, while lower-resolution formats are suitable for digital use. Distribute your QR code through various channels, such as:
Print Media: Business cards, flyers, posters, brochures, product packaging.
Digital Media: Websites, email signatures, social media, digital ads.
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Diode Laser Market - Forecast (2024-2030)
Diode Laser Market Overview:
Diode Laser Market size is estimated to reach US$18.3 billion by 2030, growing at a CAGR of 12.2% during the forecast period 2024-2030. Demand for high-power laser systems and expansion of the 3D sensing market are expected to propel the growth of Diode Laser market.
Additionally, the increasing integration of diode lasers with other technologies, such as photonics, optics, and electronics. This integration is driven by the demand for more sophisticated and multifunctional devices with enhanced performance and capabilities. By combining diode lasers with complementary technologies, manufacturers can develop innovative solutions that cater to the evolving needs of various industries. For example, integrating diode lasers with advanced optics enables the development of high-resolution imaging systems for medical diagnostics and industrial inspection applications. Similarly, incorporating diode lasers into photonics-based sensors enhances their sensitivity and precision for environmental monitoring and defense applications. This trend towards integration not only expands the range of applications for diode lasers but also fosters collaboration and cross-disciplinary innovation within the broader photonics industry.
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Diode Laser Market - Report Coverage:
The “Diode Laser Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Diode Laser Market.AttributeSegment
By Category
● Injection laser diode
● Optically pumped semi-conductor laser
By Wavelength
● Near infrared
● Red
● Blue
● Green
● Ultra-violet
● Violet
● Yellow
● Others
By Doping Material
● InGaN
● GaN
● AIGaInP
● GaAIAs
● InGaAs
● InGaAsP
● GaInAsSb
● Others
By Technology
● Double hetero structure lasers
● Quantum well lasers
● Quantum cascade laser
● Distributed feedback lasers
● Separate confinement hetero structure laser diode
● VCSEL
● VECSEL
● External cavity laser diode
● Distributed Bragg reflector laser
● Quantum dot laser
● Interband cascade laser diode
By Industry Vertical
● Automotive
○ Autonomous vehicles
▪ LIDAR
● Defense
○ Anti-aircraft missiles
○ Directed energy weapons
○ Range finding
● Medical
○ Aesthetics
○ Diagnostics
▪ Microcopy
▪ Spectroscopy
▪ Others
○ Surgical treatments
▪ Noninvasive surgeries
▪ Others
○ Photodynamic therapy
● Consumer electronics
○ CD/DVD Players
○ Laser printers
○ Barcode readers
○ Fiber optic communication
● Manufacturing
○ Pulsed laser deposition
○ Micromachining
○ Drilling
○ Welding
○ Others
● Data storage
○ Blu-ray disks
○ Magneto-optical disks
● Communications
● Displays
● Others
By Geography
● North America (U.S., Canada and Mexico)
● Europe (Germany, France, UK, Italy, Spain, Netherlands and Rest of Europe),
● Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific),
● South America (Brazil, Argentina, Chile, Colombia and Rest of South America)
● Rest of the World (Middle East and Africa).
COVID-19 / Ukraine Crisis - Impact Analysis:
During the COVID-19 pandemic, the diode laser market experienced both challenges and opportunities. On one hand, disruptions in global supply chains and reduced manufacturing activities due to lockdowns and restrictions affected the production and distribution of diode lasers. Many end-user industries, such as healthcare and manufacturing, faced uncertainties, leading to delayed investments in new technologies, including diode laser systems. Additionally, the heightened focus on disinfection and sterilization in healthcare facilities led to increased demand for laser systems used in sterilization processes, further supporting the diode laser market.
In Ukraine, geopolitical tensions and instability have also impacted the diode laser market. Uncertainty surrounding trade relations and economic conditions may have deterred potential investments and hindered market growth. Additionally, disruptions in supply chains and logistics due to conflicts or political unrest could have affected the availability of raw materials and components necessary for diode laser production. Furthermore, the general atmosphere of uncertainty and risk may have led to cautious spending by businesses in Ukraine, potentially slowing down the adoption of diode laser technologies across various sectors.
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Key Takeaways:
APAC Dominated the Market
Geographically, in the Diode Laser market share, APAC region is analyzed to hold a dominant market share of 42% in 2023. Firstly, APAC countries, particularly China, Japan, and South Korea, are renowned for their strong manufacturing capabilities and technological advancements. These countries have robust semiconductor industries, which form the backbone of diode laser production. Additionally, the presence of a vast network of suppliers, skilled labor force, and supportive government policies has further fueled the growth of the diode laser market in the region. Furthermore, APAC's thriving telecommunications industry has been another key contributor to the growth of the diode laser market. With the rapid expansion of 5G networks and the increasing demand for high-speed internet connectivity, there has been a growing need for diode lasers in fiber-optic communications for data transmission. Countries like China and South Korea are at the forefront of 5G deployment, driving significant investments in telecommunications infrastructure and driving the demand for diode lasers.
Medical is the fastest growing segment
In the Diode Laser Market forecast, medical segment is estimated to grow with a CAGR of 5.5% during the forecast period, due to the increasing adoption of minimally invasive procedures and laser-based treatments in various medical specialties such as dermatology, ophthalmology, and dentistry has fueled the demand for diode lasers. Diode lasers offer precise control, minimal tissue damage, and faster recovery times, making them preferred tools for a wide range of medical applications. Moreover, technological advancements in diode laser systems, including improvements in power output, wavelength options, and beam delivery methods, have expanded their utility in medical procedures. For example, diode lasers are used for procedures such as hair removal, skin resurfacing, cataract surgery, and dental treatments, among others. As medical technologies continue to advance and demand for minimally invasive procedures rises, the growth trajectory of the medical segment is expected to remain strong in the coming years.
● GaAlAs to Hold Largest Market Share
According to the Diode Laser Market analysis, Gallium aluminum arsenide (GaAlAs) doping material segment is estimated to hold the largest market share of 28% in 2023. GaAlAs-based diode lasers exhibit excellent optical and electrical properties, including high quantum efficiency and wavelength stability. These characteristics make them ideal for various applications across industries such as healthcare, telecommunications, and manufacturing. GaAlAs doping material allows for precise control over the emission wavelength of diode lasers, enabling customization to meet specific application requirements. This versatility makes GaAlAs diode lasers suitable for a wide range of applications, from medical procedures to telecommunications infrastructure. Furthermore, advancements in GaAlAs fabrication techniques and production processes have led to cost reductions and improved manufacturing yields, making GaAlAs-based diode lasers more economically viable for widespread adoption.
Demand for High-Power Laser Systems
High-power diode lasers offer advantages such as faster processing speeds, increased cutting and welding depths, and improved productivity. These lasers are used in applications such as metal cutting, welding, surface treatment, and additive manufacturing. The demand for high-power diode lasers is driven by the need for greater efficiency, precision, and cost-effectiveness in industrial processes. Additionally, advancements in diode laser technology, such as improved cooling methods and beam shaping techniques, are further driving the adoption of high-power laser systems. In April 2022, Lumentum introduced the FemtoBlade laser system, which is the second generation of the company's portfolio of high-precision ultrafast industrial lasers. The new system features a modular design, which offers high power at high repetition rates, thus ensuring better flexibility and faster processing speed.
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Expansion of the 3D Sensing Market
The rapid expansion of the 3D sensing market is driving the demand for diode lasers used in applications such as facial recognition, gesture recognition, augmented reality (AR), and virtual reality (VR). Diode lasers are key components in 3D sensing systems, providing the light source for depth sensing and spatial mapping. The increasing integration of 3D sensing technology in smartphones, consumer electronics, automotive, and robotics is fueling the demand for diode lasers. Additionally, advancements in diode laser technology, such as wavelength-tunable lasers and compact laser modules, are enabling the development of smaller, more efficient, and cost-effective 3D sensing solutions. In March 2022, IPG Photonics unveiled LightWELD XR, its handheld laser welding and cleaning product. The LightWELD XR is the third offering from the company in the line and includes an expanded material range including aluminum 6XXX series, nickel alloys, titanium, and copper.
High Initial Investment Hinders the Market Growth
In terms of R&D, companies need to invest substantial resources in conducting research to innovate and improve diode laser technology. This includes funding for research personnel, equipment, materials, and facilities to develop next-generation diode lasers. Additionally, R&D efforts are necessary to adapt diode lasers to meet the evolving demands of different industries and applications, driving innovation and competitiveness in the market. Regulatory compliance is a critical aspect that contributes to the high initial investment in the diode laser market. Diode laser systems used in medical, industrial, and other applications must meet stringent regulatory requirements related to safety, efficacy, and quality assurance. Obtaining regulatory approvals and certifications from regulatory authorities such as the FDA (Food and Drug Administration) in various countries involves significant time, effort, and financial resources. Non-compliance with regulatory requirements can result in delays, fines, or even product recalls, posing financial risks to companies
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Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Diode Laser Market. The top 10 companies in this industry are listed below:
Coherent Corp.
Spectra-Physics, Inc. (MKS Instruments, Inc.)
Nichia Corporation
Lumentum Holdings Inc.
Sumitomo Electric Industries, Ltd.
Mitsubishi Electric Corporation
TRUMPF Inc.
Jenoptik AG
Osram Opto Semiconductors GmbH (OSRAM GmbH)
IPG Photonics
#Diode Laser Market#Diode Laser Market size#Diode Laser industry#Diode Laser Market share#Diode Laser top 10 companies#Diode Laser Market report#Diode Laser industry outlook
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What Companies Produce Touch Screen Monitors?
In today's digital age, touch screen monitors have become an integral part of various industries, from retail and healthcare to education and manufacturing. As the demand for touch screen monitors continues to rise, numerous companies around the globe have stepped up to meet this demand. This article delves into the landscape of touch screen monitor manufacturers, focusing particularly on rugged tablet PC manufacturers and their presence in China.
1. Major Players in Touch Screen Monitor Manufacturing
The touch screen monitor market boasts a plethora of manufacturers, each offering unique features and specifications to cater to diverse consumer needs. Some of the prominent players in this industry include established brands like Dell, HP, and Lenovo, known for their reliability and wide range of products. These companies have been at the forefront of touch screen technology, consistently innovating to deliver cutting-edge solutions to their customers.
2. Specialized Rugged Tablet PC Manufacturers
Rugged Tablet China
In recent years, there has been a growing demand for rugged tablet PCs, especially in industries that require durable and resilient devices for challenging environments. Several specialized manufacturers have emerged to address this niche market segment. Companies such as Panasonic, Getac, and Zebra Technologies have established themselves as leaders in rugged tablet PC manufacturing. Their devices are designed to withstand harsh conditions, including extreme temperatures, moisture, and physical impact, making them ideal for use in fields such as construction, logistics, and military operations.
3. Emerging Trends in Rugged Tablet Manufacturing
The rugged tablet market is witnessing rapid growth, driven by advancements in technology and increasing demand from various industries. One notable trend is the integration of additional features and functionalities into rugged tablets to enhance their utility and versatility. Manufacturers are incorporating features such as barcode scanners, RFID readers, and thermal imaging cameras to cater to specific industry requirements. Moreover, there is a growing emphasis on connectivity and compatibility, with manufacturers offering rugged tablets that support various wireless communication standards such as Wi-Fi, Bluetooth, and 4G/LTE.
4. The Role of China in Rugged Tablet Manufacturing
China has emerged as a key player in the global manufacturing landscape, including the production of rugged tablets. The country boasts a robust ecosystem of electronics manufacturers, supported by a skilled workforce and advanced manufacturing infrastructure. Several Chinese companies have gained prominence in the rugged tablet market, leveraging their expertise in hardware manufacturing and cost-effective production capabilities.
5. Leading Rugged Tablet Manufacturers in China
Among the numerous rugged tablet manufacturers based in China, several companies stand out for their quality products and competitive pricing. One such company is RugGear, known for its rugged smartphones and tablets designed for outdoor use. RugGear's devices are built to meet military-grade standards for durability and reliability, making them popular choices for professionals working in rugged environments.
Another notable player in the Chinese rugged tablet market is RuggON Corporation, which specializes in designing and manufacturing rugged computing solutions for various industries. RuggON's rugged tablets feature robust construction, sealed design, and advanced performance capabilities, making them suitable for demanding applications such as field service, transportation, and public safety.
Additionally, Handheld Group, a Swedish company with manufacturing facilities in China, offers a wide range of rugged tablets tailored to different industry requirements. The company's rugged tablets are designed to withstand extreme conditions while delivering superior performance and functionality. Handheld Group's products are used across various sectors, including utilities, construction, and agriculture.
In conclusion, the touch screen monitor market is characterized by a diverse array of manufacturers catering to different segments and industries. From established brands offering general-purpose touch screen monitors to specialized manufacturers focusing on rugged tablet PCs, consumers have a wide range of options to choose from. With China's growing influence in the manufacturing sector, the country's role in producing rugged tablets is becoming increasingly significant, with several companies gaining prominence for their quality products and competitive pricing. As technology continues to evolve, the rugged tablet market is expected to witness further innovation and growth, driven by the demand for durable and resilient computing solutions across various industries.
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Image Based Barcode Reader Market Outlook, New Business Opportunity & Demand Analysis by 2030
According to a recent report published by Future Market Insights, the image-based barcode reader market is expected to grow rapidly between 2020 and 2030.
Rapid Industry 4.0 adoption has resulted in the deployment of advanced technologies such as robotics, artificial intelligence, and cloud-based computing across the manufacturing sector. Businesses have been able to streamline asset tracking and monitoring as a result, leading to an increase in the use of barcode readers.
Because of concerns about the spread of a new coronavirus, end-users are using barcode readers to ensure contactless transactions between individuals. This technology is used by retailers to analyse user data and expand their customer base through virtual platforms. Airports, for example, use QR codes to filter visitors and track contact information.
According to these trends, the use of image-based barcode scanners is only expected to grow in the forecast period.
Get a Sample Copy of this Report with Table of Contents and Figures @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11940
“Mushrooming online business activities will lay a red carpet for the image based barcode reader manufacturers to walk smoothly towards better revenue prospects,” concludes an FMI analyst.
Key Takeaways from FMI’s Image Based Barcode Reader Report
Retail and commercial sector shall capture 33% of the overall revenue share
Global image based barcode reader market shall surge at a CAGR of 7% between 2020 and 2030
North America is the market hegemon, capturing nearly 28% of the revenue share
Smartphone based scanners are acquiring immense popularity due its high degree of convenience
Image based barcode readers sales will surge by 2020-end, attributed to heightened ICT spending, valued at US$ 689 Bn
Image Based Barcode Reader Market- Key Trends
Barcode readers mounted automated robots are becoming mainstream across the retail and commercial sectors
Smartphones with sophisticated barcode readers such as Android 9 and Apple 13 are immensely catapulting revenue prospects
2D-based image barcode scanners are acquiring high traction owing to their ease of operability
Intensive marketing campaigns by leading players is helping them carve a foothold within the landscape
Holding capacities are expected to witness an uptick of nearly 2000 data characters, ranging from supply chain management figures to inventory stocks
Image Based Barcode Reader Market- Region-wise Analysis
East Asia exhibits tremendous growth potential in the coming years, with China & Japan experiencing the maximum expansions
Countries such as the United States have already attained maturity, being used for a hassle-free shopping experience
South Asia shall expand 2.4x during the 2020-2030 forecast period
Image Based Barcode Reader Market- Competitive Landscape
The image based barcode reader vendors are capitalizing on the trend of surging QR-code popularity to acquire a competitive edge over others. Prominent companies such as L’Oréal, Nissan, Tesco, PayPal and Starbucks are all leverage QR-codes to enhance customer experiences.
Kaspersky, for instance, has launched its QR code reader and scanner which is compatible with Apple and Android phones. Its scanner prohibits any access to unsecure links, thus making at an extremely safe application. Similarly, Google Playstore and Apple Store provide the Bar-Code reader which allows copy pasting on the web and export on Google drive.
Know More about Image Based Barcode Reader Market
A new market research report published by Future Market Insights (FMI) on the global image based barcode reader market report provides extensive insights into the market demand trends and analysis of opportunities over the forecast period. The report analyzes the image based barcode reader market through seven different segments – imaging type, product type, end use, technology, connectivity, sales channel, and region. The image based barcode reader market report also offers in-depth assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of image based barcode readers and product adoption across several end-use industries.
For more information on this Report @ https://www.futuremarketinsights.com/reports/image-based-barcode-reader-market
Image Based Barcode Reader Market Taxonomy
Imaging Type
1D Image/Code Scanning
2D Image/Code Scanning
Product Type
Portable/Handheld Scanners
Rugged Scanners
PDS Scanners
Smart Phones
Automatic Readers
Cordless Scanners
Fixed-Position Scanners
Stationery Scanners
Presentation Scanners
End-Users
Retail and Commercial
Manufacturing
Automotive
F&B
Semiconductors
General Manufacturing
Others
Healthcare
Logistics & Warehouse
Commercial Aviation
Defense
Others
Technology
S Mounted Lens
C Mounted Lens
Autofocus/Liquid Based Lens
Connectivity
USB
Bluetooth
Wi-Fi
PoE (Power over Ethernet)
Sales Channel
Online
Offline
Region/Country
North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa
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May 2021 Report on Global Image Based Barcode Reader Market Overview, Size, Share and Trends 2021
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Barcode Readers Market size, growth, segmentation, trends analysis
Barcode Readers Market size, growth, segmentation, trends analysis
Reports and Data’s latest study, titled “Global Barcode Readers Market Forecast to 2027,” comprises an all-encompassing study of the global Barcode Readers industry, targeting the key driving factors and restraints for the industry growth. The preliminary target of the authors of this report is to enable industry stakeholders leverage the highly informative content provided in the report and make prudent business decisions. The latest market intelligence report offers exclusive and insightful data & information on the Barcode Readers market gathered from primary and secondary resources. The market data has been evaluated on both regional and global levels and is intended to help readers gain actionable insights into the global Barcode Readers market, along with its current trends and growth opportunities.
The sample copy of the global Barcode Readers market report is inclusive of in-depth analysis of this ever-evolving business landscape. It throws significant light on the market’s key regional segments, technological innovations, competitive landscape, and future growth avenues. The market dynamics section of the report covers the most significant market elements, such as drivers, opportunities, limitations, threats, and several micro-economic and macro-economic factors. A well-defined SWOT analysis, alongside the feasibility analysis, investment return analysis, and Porter’s Five Forces analysis, has also been included in this research report. Additionally, in the competitive section of the report, the leading market players and their lucrative business growth strategies have been detailed. Moreover, this section provides strategic recommendations for the new, as well as existing market players, which could assist them to their ramp up their financial and market positions in the long run.
To get a sample copy of this report, click on link given here: @ https://reportsanddata.com/sample-enquiry-form/82
COVID-19 Impact Analysis: The latest report highlights the significant market changes that have followed the COVID-19 outbreak. The global Barcode Readers business sector has been undergoing the repercussions of the pandemic that has massively disrupted the global market dynamics and trends and impacted the market in several unfavorable ways. Moreover, the public health emergency has adversely affected the global supply chain and brought about major fluctuations in product prices and demand. However, the global Barcode Readers market will regain traction in the post-COVID era, industry experts believe.
Regional Scenario: The geographical outlook of the global Barcode Readers market is an essential component of this report. The global Barcode Readers market is categorized into several key regions, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. In this section of the report, the regional market share, market size, revenue contribution, sales network, distribution channels, and numerous other aspects have been thoroughly assessed.
Competitive Outlook: The leading contenders in the global Barcode Readers market are listed below:
Honeywell
Datalogic
Symbol Solutions (Motorola)
Newland
Cognex
Opticon Sensors
Denso Wave
Microscan
Bluebird
Zebex
CipherLAB
Request a ToC for the overview of the premium market report @ https://reportsanddata.com/report-detail/barcode-readers-market
Market Segmentation, by Product Type:
· Optical Imager Barcode Scanners
· Laser Barcode Scanners
Market Segmentation, by End-user:
Retail
Transportation and Logistics
Manufacturing and Industry
Healthcare
Others
Browse the full report description, along with the ToCs and List of Facts & Figures @ https://reportsanddata.com/report-detail/barcode-readers-market
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Barcode Readers Market, Barcode Readers Market demand, Barcode Readers Industry, Barcode Readers Market size, Barcode Readers Market share, Barcode Readers Market trend, Barcode Readers Market forecast, Barcode Readers Market growth, Barcode Readers Market 2020, Barcode Readers Market COVID-19 Impact Analysis Report
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Masked Omens: Week Four
[Image Description: Image 1 - A simple rendition of the Masked Singer UK logo, a golden mask with colourful fragments flying off of it. The mask has a golden halo and a golden devil tail protruding from either side. Below, gold text reads ‘Masked Omens’.
Image 2 - A page from the Opinion section of the Capital Herald, dated Saturday, 16th January, 2021. Full image description and transcript below the cut. End ID.]
Read the fic here!
(Falling records template from Pixeden)
The Capital Herald, Saturday 16th January 2021 Opinion, page 20
Main Story: TOFFLEY GATE: FIFTEEN YEARS ON, IT’S NO HOME Where is the affordable housing that was promised? And why can’t local people get access to it? The Toffley Gate development once seemed like that most elusive of rarities; a politician's campaign promise made real. When Lawrence Richmond, a distinguished barrister, was elected as MP for Toffley South in 2005, it was partly on the strength of his pledge to build a brand new block of affordable accommodation for the people of Toffley. In fact, if you ask most local voters why the future Transport Secretary won his seat, they'll point in the direction of Toffley Gate. The development, it was claimed, would create jobs in the area, boost property values, and allow more buyers and renters on low incomes to invest wisely in their future. Fifteen years on, how are those claims holding up? Well, the development did indeed bring in construction jobs, as well as long-term positions in the shops and services on Toffley Gate's street level. As construction continued, however, some concerns were raised – even as early as February of 2006, seven months before the grand opening – that changes to the specification meant almost all the flats in the towering buildings would be described as luxury apartments, rather than affordable housing. But as long as they were still rented out at low rates, that wasn't necessarily a bad thing. When the development's 312 flats were put on the market, however, 276 of them were priced at luxury rates. The remaining thirty-six were a single block of small studio apartments, suitable for a single occupant or two, a far cry from the family homes Richmond had promised to provide. Protests followed, in 2009 and 2010, but it was too late. Now, fifteen years on, only 194 Toffley Gate units are occupied. The rest remain empty and useless, far beyond the means of most local residents and workers. The Capital Herald popped into the local coffee shop to canvas opinions. “Oh, they're lovely, aren't they?” said Gladys Jones, retired, who'd stopped in with her grandson, Chris, a student. “I'd love one of those balconies, but not on my pension.” And Chris? “They're going for what, two or three grand a month? I could work for years and never save up enough to live there.” What would he like to see done with the place? “Drop the prices, maybe set them up as student accommodation, the uni's always oversubscribed. Or just... make sure normal people can afford them, you know?” “I put my name on the waiting list for the cheap flats when the place opened, when I was about twenty-five,” Jenny Tyler, a teacher, told me. I asked her what changed her mind. “No, I'm still on the list. Fifteen years, I'm still on the list.” Has she considered applying for one of the more expensive unused units? “No. On a teacher's pay? No, in fact, I'm moving back in with my dad. It's cheaper to commute in from Tadfield than to keep paying rent in Toffley.” And what of those behind the counter? Of the three employees on shift, two had joined the waiting list for the affordable housing at Toffley Gate. All three agreed that they'd love to live in one of the fancier units, if it were possible. One, Tom, has a second job as a cleaner on the development. “I have to clean all the luxury homes, even the empty ones,” he said. “And there are a lot of empty ones. Even the ones where you can tell someone's moved in, there's hardly any sign of life. It almost seems like an investment property type thing, but I don't know how they can be making money without sub-letting it.” When approached for comment, Lawrence Richmond – an Eton graduate who lives in a large historic house with his wife and son – argued that he is not responsible for market rates, nor for setting the level of affordable housing provision within the development. Why, then, did he make such grandiose promises during his election campaign in 2005? And why, sixteen years on and after several protests, is he still in office? If Richmond is as keen on affordable housing as he claimed to be in 2005 – as he has continued to claim, during the run-up to every local election since then – there must be something he can do, in his capacity as Toffley's MP, to encourage the building's owners, Selectan Homes Plc, to lower rents and allow lower-income families to access the many unoccupied units in the building. Surely it would be a win-win situation; Selectan would reap the rewards of a fully-let building, existing Toffley Gate residents would benefit from an invigorated community, and local people could live in the area where they actually worked. The businesses established at the base of the Toffley Gate tower blocks would have as many customers as they could want. In short, Lawrence Richmond, what are you waiting for? TINA MOON
[Image Description: A colour photograph of a gleaming block of flats. End ID] [Caption] Toffley Gate gleams in the sunshine. But are its units overpriced? (Photo: Daniel Brubaker on Unsplash)
Right hand column: OLD TUNES ARE BEST How wonderful to hear some music from the good old days on ITV’s The Masked Singer. When I sat down to watch it - under duress, I’ll admit, and largely to keep my wife and daughters happy - I expected nothing but noise of the variety that makes up the modern singles chart. Imagine my surprise and delight, then, when several of the songs reminded me of the heady days of my youth. Some, of course, were older still, overshooting the perfect era of my teenage years to land in the tragically uncool Jazz Age, but for the most part over the last few weeks I have been able to sing along with abandon, embarrassing my daughters no end and infuriating my wife, who is desperately trying to ascertain the identities of all of the disguised celebrities inside the ludicrous costumes. I doubt we’ve ever heard any of those voices before, given that the really big names in entertainment no doubt have better things to do than make such fools of themselves on a Saturday night, so I won’t be participating in the silly guessing game. Instead, I’m picking my favourites based on the songs they sang in the first few weeks. Snake is my favourite, by virtue of singing a Whitesnake song in the first live show, and it was a good enough performance that I will, for now, dismiss last week’s show as merely a momentary lapse in skill and judgement. Bonfire got everyone in my house smiling with ‘Disco Inferno’, and it’s rare that my children and I agree on anything, so they have to be the house favourite. Axolotl chose wisely in channelling Kermit the Frog, a universally beloved entertainer, and Pony’s tribute to America with ‘Horse With No Name’ was very enjoyable, too. So, I don’t know who Snake is but I’m rooting for them anyway, it seems. Who knows what tonight will bring? READER’S LETTER FROM DEREK METTE
Coupon, bottom third of page: [Image Description: Graphic of two falling record sleeves, with corresponding vinyl records also falling beside them. The first album sleeve shows two silhouettes of a face, looking towards each other in the style of the face/vase optical illusion, and is labelled “talking about it - Anathema”. The second shows a closeup of hands holding a book, and is labelled “Anathema - Narrative Devices”. At the bottom of the graphic are track listings. “Talking About It: Talking About it, Here I Go, Talking in Circles, The Magic Word, Seventh Sense, Pour My Heart Out, Nobody’s Fault, For A Spell, Living In The Past, Parting Words. Narrative Devices: Narrative Devices, Stab In The Dark, Look Before You Leap, Out Of The Crowd, Daisy Chains, I Hate To Leave, Ashes, Eagle Eyes, End of Days, Parting Ways.” End ID.] EXCLUSIVE DISCOUNT FOR CAPITAL HERALD READERS Exclusive to the Capital Herald, this voucher entitles you to 50% off the listed price of Anathema's first album, Talking About It, when you buy her new album, Narrative Devices. Featuring hit singles 'Daisy Chains' and 'End of Days', Narrative Devices has been described as 'a breath of fresh air for folk music' and 'a powerful meditation on the stories we tell ourselves every day'. 'Talking About It' contains the gorgeous ballad 'For A Spell', which has already sold over half a million units as a single in the two years since its release. Don't miss out on this amazing deal! Just take this coupon to your nearest participating retailer, or enter code CAP50 when ordering online. [Image Description: A barcode marked ‘FOR RETAILER USE’, from barcode.tec-it.com, and a QR code, from qr-code-generator.com. End ID.] Voucher expires 12AM 23/01/21. At participating retailers only. While stocks last. Not valid outside of fanfiction. For full terms and conditions, see page 28.
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Why Automated Data Capture Solutions are a Smart Way Forward for Businesses?
Whether it’s CRM software used to track sales, ERP software for streamlining production, email software for tracking communication, advertising software used for marketing (Meta ads, LinkedIn ads, Google ads, Bing ads, etc.), or other third-party apps for streamlining business operations—organizations have customer data dispersed across a myriad of platforms.
According to Statista, the total amount of data created, copied, and consumed globally had already reached 64.2 zettabytes in 2020. The same is expected to reach more than 180 zettabytes by 2025. Organizations tapping into data-driven decision-making to pull ahead of the competition have to collect these vast amounts of data produced and extract intelligence using data analysis.
As evident, the amount of data being produced in the world is growing exponentially, but the majority of it is unstructured which makes it unfit for business consumption. Keeping a record of all the differences and working on extracting information can be extremely time-consuming.
Whether it’s the image, audio, video, text, or big data, when well collected, organized, and processed can be used to drive business success and growth through leveraging modern technologies such as Robotic Process Automation, Artificial Intelligence, and Machine Learning. Growth-focused companies understand that data collection lays the foundation for the data processing and analysis stage; thus, they automate their data aggregation process to accelerate their time to value.
The Automation Advantage
Remember cash registers where each product had to be entered manually by employees? Take another example of supply chains where passing an item from one level to the next of the chain meant filling in a ridiculous amount of paperwork. These manual tasks were made easy with the help of barcode scanners—one of the first examples of data capture systems that accelerated item identification and processing.
However, the world has now moved beyond data collection devices such as RFID readers or barcode scanners into fully automated data collection systems and smart data capture solutions. These automatic data capture platforms take all of a company’s data sources such as CRMs, ERPs, advertising software, emails, accounting software, etc., and extract valuable information without the need for a programmer to do the coding-decoding.
Smart data transformation solutions combine human expertise with AI, ML, and RPA. Hence, whether you have public or proprietary data in a raw unorganized format, automatic solutions can help you transform them into tagged and schema-compliant structured XML for data products, analytics, and AI/ML applications.
Automated Data Capture Methods
Automated data capture systems come in different methods and forms that change based on the unique needs of a business. Additionally, the level of automation can be changed to meet certain character recognition requirements. Listed below are some of the most common automated data capture methods:
Optical Character Recognition (OCR)
As the first revolutionary technology in automated data capture, Optical Character Recognition is used to convert typed documents, PDF files, images, or scanned documents into editable, searchable, digital documents.
Since the 1990s, OCR has helped companies across multiple sectors including healthcare, finance, logistics, and governments, to digitize their files accurately. It is extremely helpful for sectors dealing with sensitive information such as patient information and medical claims.
Optical Mark Recognition (OMR)
This is another excellent way to manage all the documents. Optical Mark Recognition not only recognizes characters but also scans documents for marks such as filled-in bubbles and checkmarks. OMR is commonly used to expedite and facilitate capturing of human-marked details including consumer feedback or surveys, multiple-choice tests, symptoms checklists, poll results, etc.
Intelligent Character Recognition (ICR)
Intelligent Character Recognition technology leverages Machine Learning to teach machines to comprehend handwritten documents and focuses on solving complex challenges. Though the accuracy offered is not that high, ICR can save significant time processing handwritten documents.
Intelligent Document Recognition (IDR)
Intelligent Document Recognition is a highly sensitive and accurate data capture method from any part of a document, including the tags and meta description. It is more like a complex type of Optical Character Recognition, which is used to extract data from unstructured documents such as medical forms, delivery notes, and invoices.
Additionally, IDR is capable of interpreting patterns, tables, and content in both paper and electronic formats, recognizing the start and the end of a document, as well as sorting documents according to their category. This method is commonly used in legal, logistics, mailrooms, and accounting companies.
Voice Recognition
If you have Siri, Alexa, Cortana, or Google Assistant, you are already using some type of voice recognition algorithm. Voice Recognition technology leverages Natural Language Processing (NLP) embedded in Deep Learning algorithms to recognize and comprehend different voice patterns. It has countless applications when combined with smart chatbot technologies as they can provide excellent customer service, support, and security.
Magnetic Ink Character Recognition (MICR)
Magnetic Ink Character Recognition Technology is used to identify specially formatted characters printed in magnetic ink. This is commonly used in banks to speed up the processing of checks and other documents. One of the good things about this technology is that people can read the data as well.
Benefits of Automated Data Capture
Faster Turnaround Times
Processing speed is one of the unavoidable benefits of automated data capture. Imagine how a nightclub bouncer would have a difficult time trying to verify the age of a customer by looking at them or the time it would take to manually process, proofread and mail out medical claims. With ID scanning software, this process would take a few seconds.
Minimized Errors
Manual data entry includes high chances of human error. However, you can easily avoid these mistakes with automated data processing as the smart data collection software can swiftly scan through documents. They can compare these documents to templates and other files to assure data is complete and things such as names, gender, and date of birth are accurate on sensitive documents.
Boosted Efficiency
With automated data collection systems at your disposal, you can simplify complex tasks that in turn help you to increase efficiency. Besides, replacing physical files with digital files serves to eliminate workplace clutter and makes all files accessible to authorized persons from any device and at all times.
Cost Savings
Numerous organizations have turned to automation because of its cost-saving benefits. You can eliminate costs related to ongoing training, extra labor, equipment maintenance, document storage, and system updates with automation.
Greater Employee Satisfaction
Outdated manual processes like prolonged data entry are both mentally and physically taxing, which makes it difficult for employees to focus on such arduous tasks for a long duration. Automating such processes facilitates employees to better focus on more engaging tasks or core competencies.
Endnote
Among the benefits of automated data capture solutions include faster turnaround times, cost-optimization, reduced human errors, enhanced customer experience, and greater employee satisfaction.
The Statista reports proved the same as most respondents agreed that automation reduced the risk of equipment failure, performance issues, data breaches, and regulatory compliance violations, as of 2021. At the same time, 50 percent of respondents agreed that automation processes give more space to the IT staff to focus on strategic initiatives. Hence, you already know what to do next.
READ HERE INSPIRED BLOG: https://www.datasciencesociety.net/why-automated-data-capture-solutions-are-a-smart-way-forward-for-businesses/
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With Growing Demand, The North American Barcode Scanner Market Is Expected To Grow Impressively By 7.6%
According to recently released data from FMI, the North American market for barcode scanners is anticipated to be worth US$7.6 billion in 2021. The market is expected to grow at a CAGR of more than 7.6 percent between 2021 and 2031. Over the course of the assessment period, it is anticipated that the demand for barcode scanners will rise as the healthcare sector expands.
Future Market Insights (FMI) in its latest report titled “Barcode Scanner Market: Global Industry Analysis and Opportunity Assessment, 2021–2031” reveals that the use of barcode technology is rapidly rising in both retail and manufacturing industries. Barcode scanners have become one of the best solutions for recording product information without making any major manual effort.
Currently, barcode solutions are being used across various domains owing to their exponential capabilities in systematically recording information such as product count, date of manufacturing, the date on which the product was supplied to the retailer, and selling price. Moreover, the emergence of e-commerce and intra-regional markets that offer specialised services to a wide range of sectors has further expanded its application base.
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The technological advantages and cutting-edge features of barcode scanners are also making them popular in the healthcare industry. Barcode technology can help rectify medication errors, and medical practitioners and physicians can easily get information about medicines as well as their manufacturing dates.
The global barcode scanner market is estimated to be worth US$7.6 billion in 2021, according to FMI. The market is expected to register robust growth on the backdrop of healthy demand from retail, e-commerce and logistics, healthcare, and manufacturing sectors.
The advent of barcode technology has greatly reduced the hassles of tracking supply and commodity sales records for retailers across the globe. Over the years, technology has been consistently improved and made more efficient.
Additional highlights of the report include:
The laser-based scanner is expected to remain the prime technology. Laser scanners are widely used in regions with established manufacturing and retail sectors, such as Western Europe and North America. By 2021-end, laser scanners are estimated to account for 32.3% revenue share of the market and will continue to be the most preferred barcode reader technology throughout the assessment period.
However, the camera-based reader is anticipated to see fast adoption as these scanners are innovative and configured with advanced 2D imaging technology. Based on product type, portable/handheld scanners are expected to remain the top choice of barcode scanners amongst consumers over the forecast period.
Owing to characteristics such as faster print speeds and versatility, demand for portable/handheld barcode scanners is rapidly increasing in various parts of the world. The use of barcode scanners in the retail and commercial sectors continues to be the highest and is expected to account for a major chunk of revenue over the forecast period. Meanwhile, the healthcare industry is swiftly adopting barcode technology as well.
Market players are targeting APEJ as their key sales region. Some of the leading companies profiled in the FMI report are Zebra Technologies Corporation, Honeywell International Inc., DataLogics S.P.A, Cognex Corporation, OCOM Technologies, Wasp Barcode Technologies, JC Square Inc., SATO Holdings Corporation, Scandit AG, and Toshiba TEC Corporation.
Amongst regions, markets in the Asia Pacific excluding Japan (APEJ) and North America are expected to exhibit high growth potential. In APEJ, China and India are projected to achieve impressive growth in their barcode scanner markets. By 2017-end, the region is projected to account for a revenue share of 29.5%, which is expected to increase to 33.8% towards the end of the forecast period.
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