Identification Barcode Reading in Factory Automation Market SWOT Analysis, Emerging Technologies, Growth and Forecast 2029 – Digital Journal

The report on ID Barcode Reading in Factory Automation presents the best market and business solutions for the ID Barcode Reading in Factory Automation industry in this revolutionizing market to thrive in the market. Considering the strategic profiling of leading players in the Identification Barcode Reading in Factory Automation industry, thoroughly analyzing their core competencies and strategies such as new product launches, extensions, agreements, joint ventures, partnerships and acquisitions, the report helps companies. improve their strategies for selling goods and services. The Identification Barcode Reading in Factory Automation business report also identifies and analyzes upcoming trends along with key drivers,

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Identification Barcode Reading in Factory Automation Market is growing with a CAGR of 6.0% during the forecast period 2020 to 2027 and is projected to reach USD 3,309.01 Million by 2027.

The major benefit of using barcode scanning in industry is enabling supply chain managers to track stock keeping units (SKUs) and shipping information because the use of the scanner barcode eliminates default errors that occur in the traditional method.Due to increasing requirements for storing accurate data from the assembly line to outbound logistics, the market is expected to drive the evaluation period.Therefore, the benefits of barcode scanners in digital shopping such as product identification, LCD display and others are increasing the adoption of barcode scanners in digital shopping,

Segmentation:

On the basis of product type, the market is segmented into fixed mount barcode scanner, handheld scanner, laptop barcode scanner and others.In 2020, the fixed mount barcode scanner segment accounted for the largest market share owing to the growing demand for high-speed barcode scanners across various end-use industries, which increased the demand for fixed mount barcode readers.

On the basis of technology, the market is segmented into laser scanner, omnidirectional barcode scanners, camera readers, CCD (charge coupled device) readers, RFID (radio frequency identification) technology, pen type scanners and others .In 2020, the laser scanner segment accounted for the largest market share due to the growing demand for productivity improvement in the warehouse and logistics sector increased the demand for laser scanner.

On the basis of barcode type, the market is segmented into 1D and 2D.In 2020, the 2D segment accounted for the largest market share due to the growing demand for high-speed scanning devices at the point of sale, which led to an increasing demand for 2D barcodes.

Based on verticals, the market is segmented into consumer electronics, automotive, logistics, food & beverage, pharmaceutical & medical, packaging, oil & gas, and others.In 2020, consumer electronics accounted for the largest market share owing to the increasing use of high-speed barcode scanner in consumer electronics, which increased the demand for barcode scanner- bars in the market.

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Key Players Covered in the Identification Barcode Reading in Factory Automation Market Report:

The key players covered in the report are Jadak, Balluff Automation India Pvt.Ltd., RTscan Technology Limited, Scandit, Wasp Barcode Technologies, SATO America, Axicon Auto ID Limited, Handheld Group, Cognex Corporation, Great Eastern, Data Logic SpA, Honeywell International, Inc., OMRON Corporation, Zebra Technologies Corp.and KEYENCE Corporation among other domestic and global players.DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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A few points from the table of contents

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Identification Barcode Reading in Factory Automation Market SWOT Analysis, Emerging Technologies, Growth and Forecast 2029 - Digital Journal