The North America Automatic Identification and Data Capture Market is expected to witness market growth of 10.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Automatic Identification and Data Capture Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $37.02 billion by 2031. The Canada market is experiencing a CAGR of 13.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 12.3% during 2024-2031.
AIDC refers to a group of technologies that automatically identify objects, collect data, and transfer that data directly into computer systems without requiring significant human intervention. These technologies streamline data entry, tracking, and management processes, enhancing speed, accuracy, and efficiency across various industries. AIDC systems are widely used in manufacturing, retail, healthcare, logistics, transportation, and security, among other sectors.
The automatic identification and data capture market is at the forefront of modern technological advancement, revolutionizing industries by enabling accurate, real-time data collection and processing. AIDC refers to a set of technologies that automatically identify objects, collect relevant data, and transmit it directly into computer systems with minimal human intervention.
In Canada, the growth of the defense and aerospace sectors fosters innovation and drives demand for sophisticated AIDC solutions. The government’s Aerospace Regional Recovery Initiative (ARRI), with a $250 million allocation over three years, aims to support technological advancements in the aerospace and defense industries. These sectors increasingly rely on AIDC systems to secure access to sensitive systems, facilities, and equipment, ensuring data accuracy and operational security. The integration of cutting-edge AIDC technologies is becoming essential as the aerospace and defense industries evolve, emphasizing their importance in enhancing efficiency, safety, and compliance with stringent security requirements. Hence, with diverse applications, the region is positioned as a global leader in AIDC adoption and innovation, driving efficiency and transparency across industries.
The US market dominated the North America Automatic Identification and Data Capture Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $37.02 billion by 2031. The Canada market is experiencing a CAGR of 13.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 12.3% during 2024-2031.
AIDC refers to a group of technologies that automatically identify objects, collect data, and transfer that data directly into computer systems without requiring significant human intervention. These technologies streamline data entry, tracking, and management processes, enhancing speed, accuracy, and efficiency across various industries. AIDC systems are widely used in manufacturing, retail, healthcare, logistics, transportation, and security, among other sectors.
The automatic identification and data capture market is at the forefront of modern technological advancement, revolutionizing industries by enabling accurate, real-time data collection and processing. AIDC refers to a set of technologies that automatically identify objects, collect relevant data, and transmit it directly into computer systems with minimal human intervention.
In Canada, the growth of the defense and aerospace sectors fosters innovation and drives demand for sophisticated AIDC solutions. The government’s Aerospace Regional Recovery Initiative (ARRI), with a $250 million allocation over three years, aims to support technological advancements in the aerospace and defense industries. These sectors increasingly rely on AIDC systems to secure access to sensitive systems, facilities, and equipment, ensuring data accuracy and operational security. The integration of cutting-edge AIDC technologies is becoming essential as the aerospace and defense industries evolve, emphasizing their importance in enhancing efficiency, safety, and compliance with stringent security requirements. Hence, with diverse applications, the region is positioned as a global leader in AIDC adoption and innovation, driving efficiency and transparency across industries.
List of Key Companies Profiled
- Datalogic S.p.A. (Hydra S.p.A.)
- Honeywell International, Inc.
- Zebra Technologies Corporation
- SICK AG
- Cognex Corporation
- Toshiba Corporation
- NEC Corporation
- NXP Semiconductors N.V.
- Synaptics Incorporated
- Avery Dennison Corporation
Market Report Segmentation
By Component
- Hardware
- RFID Reader
- Barcode Scanner
- Smart Cards
- Biometric Systems
- Optical Character Recognition Devices
- Other Hardware Type
- Software
- Services
- Integration & Installation Services
- Support & Maintenance Services
By End use
- BFSI
- Retail
- Transportation & Logistics
- Manufacturing
- Healthcare
- Government
- Hospitality
- Energy & power
- Other End Use
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Automatic Identification and Data Capture Market by Component
Chapter 6. North America Automatic Identification and Data Capture Market by End use
Chapter 7. North America Automatic Identification and Data Capture Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Datalogic S.p.A. (Hydra S.p.A.)
- Honeywell International, Inc.
- Zebra Technologies Corporation
- SICK AG
- Cognex Corporation
- Toshiba Corporation
- NEC Corporation
- NXP Semiconductors N.V.
- Synaptics Incorporated
- Avery Dennison Corporation
Methodology
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