Global Industrial Automatic Data Capturing and Identification Systems Market 2015-2019 with Cognex, Datalogic, Keyence, Omron & Sick Dominating

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Oct 29, 2015, 07:10 ET

DUBLIN, Oct. 29, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/7lqw6g/global_industrial) has announced the addition of the "Global Industrial Automatic Data Capturing and Identification Systems Market 2015-2019" report to their offering.

The global industrial automatic data capturing and identification systems market to grow at a CAGR of 5.69% over the period 2014-2019.

This report covers the present scenario and growth prospects of the global industrial automatic data capturing and identification systems market for the period 2015-2019. To calculate the market size, the report covers revenue generated from various products, including sensors, machine vision systems, laser trackers, integration systems, and identification solutions.

The market has witnessed few M&A in the last five years, which has enabled the acquirers to dominate the market through acquired technology and distribution network. The acquisition also helps companies to gain control over product pricing in cost-sensitive markets. This trend of M&A is likely to continue during the forecast period and propel market growth.

According to the report, in the present business scenario, information sharing, retrieving, and documenting within an organization regarding industry best practices and day-to-day operations are basic requirements. Companies are shifting to digital platforms for better process control, flexibility, and easy overseeing of daily processes. Complete automation of facilities helps reduce human involvement, defects, machine downtime, and operational costs; improve information sharing and operational control; and prevent major factory accidents.

Further, the report states that sometimes barcode scanners may fail to capture accurate data and thus might store incorrect information in the database. This can occur when labels have printing defects or they do not adhere to scanner resolution requirements. Dirt on scanners can also lead to misinterpretation of data, leading to storage of incorrect information in the system. These factors affect the brand image of end-users and pose a threat to the adoption of barcode systems.

Key vendors

Cognex
Datalogic
Keyence
Omron
Sick

Other prominent vendors

Banner
Casio Computer
Denso
Honeywell International
ifm
IPG Photonics
Leuze Electronic
Motorola Solutions
Zebra Technologies

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by product

Part 07: Geographical segmentation

Part 08: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape

Part 14: Key vendor analysis

Part 15: Appendix

For more information visit http://www.researchandmarkets.com/research/7lqw6g/global_industrial