North America ID Barcode Reading In Factory Automation Market is expected to hold the leading market share in the forecast period of 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
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Market Segmentation:
• The North America ID barcode reading in factory automation market is segmented based on product type into four notable segments as fixed mount barcode scanner, mobile computers barcode scanner, handheld scanner and stationary scanner and others.
• The North America 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 highest market share and is growing at a healthy CAGR in the forecast period 2018 to 2025.
Key Points:
Cognex Corporation is going to dominate the North America 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.
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.
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’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).
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