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 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.
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