Global ID Barcode Readers In Factory Automation Market– Industry Trends and Forecast to 2025

Global ID Barcode Readers In Factory Automation Market is expected to reach USD 3,029.34 million by 2025 and is projected to register a healthy 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 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.

Market Segmentation: Global ID Barcode Readers In Factory Automation Market

The global ID barcode reading in factory automation market is segmented based on product type into three notable segments as fixed mount barcode scanner ,mobile computers barcode scanner, handheld scanner and stationary scanner. In 2018, fixed mount barcode scanner is expected to dominate the ID barcode readers in factory automation market and growing at the highest CAGR in the forecast period 2018 to 2025.
The global ID barcode reading in factory automation market is segmented based on technology into nine notable segments; pen-type scanners, laser scanners CCD readings (charge coupled device), RFID (radio frequency identification) technology, camera-based readings, omnidirectional barcode scanners, and others. In 2018,  RFID (radio frequency identification), technology ID barcode readers in factory automation is expected to dominate the ID barcode readers in factory automation market with highest market share and is growing at a healthy CAGR in the forecast period 2018 to 2025.
The global ID barcode reading for factory automation market is segmented based on barcode type into two notable segments; 1D and 2D. In 2018, 2D is expected to dominate the ID barcode readers in factory automation market and growing at the highest CAGR in the forecast period 2018 to 2025.
The global ID barcode reading in factory automation is segmented based on vertical into eight notable segments; automotive, food & beverage, consumer electronic, oil & gas, pharmaceutical & medical, packaging, logistics and others In 2018, consumer electronic ID barcode readers in factory automation is expected to dominate the ID barcode readers in factory automation market with 37.97% highest market share and is growing at a healthy CAGR in the forecast period 2018 to 2025.
The global ID barcode readers in factory automation market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market
Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.

Key Drivers: Global ID Barcode Readers In Factory Automation Market

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

Key Points: Global ID Barcode Readers In Factory Automation Market

Cognex Corporation is going to dominate the global ID barcode readers in factory automation : ID barcode readers in factory automation market followed by Cognex Corporation, ZIH Corp, Honeywell International Inc, Datalogic S.p.a among others.

The fixed mount barcode scanner segment is dominating the global ID barcode readers in factory automation market.
RFID (Radio Frequency Identification) technology segment is expected to grow with the highest CAGR in the forecast period 2018 to 2025.

Global ID Barcode Readers In Factory Automation Market– Industry Trends and Forecast to 2025

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