Incepted back in the 1950s, The Automatic Identification and Data capture, also known as AIDC is now implemented in a broad spectrum fulfilling the needs of broad-scale industries. In order to compete with the best-in-class businesses and adhere to industry-leading standards for materials management, AIDC is seen to play pivotal roles in the “Track & Trace” segment including Logistics, Retail, Manufacturing and Supply chain management.
The AIDC industry, which was valued at USD 46.31 billion in 2021 and is earmarked to witness a staggering growth rate of 15.2% from 2022 to 2029, reaching nearly USD 143.65 billion showcasing its relevance and demand with the leveragement of modern innovative automation.
The growth is due to its application and how it improves efficiency, visibility, accuracy, and traceability in supply chain management. It empowers organizations to make informed decisions, reduce costs, and deliver better customer experiences through optimized supply chain operations.
Here are the top AIDC companies driving the Track & trace segment & bolstering the supply chain management
Newland AIDC: Newland AIDC was founded in 1999 as a wholly-owned subsidiary of Newland Digital Technology ( Listed company, Stock code: 000997); with over 20 years of R&D in data capturing & enterprise mobility, Newland AIDC has become one of the leading companies in automatic identification and data capture industry.
Cognex: The world’s leading provider of vision systems, software, sensors, and industrial barcode readers used in manufacturing automation. Cognex vision helps companies improve product quality, eliminate production errors, lower manufacturing costs, and exceed consumer expectations for high quality products at an affordable price.
Datalogic: It is a global technology leader in the automatic data capture and factory automation markets, specialized in the designing and production of barcodes mobile computers, radio-frequency identification, sensors for detection, measurement and safety, vision and laser marking systems.
Honeywell Automation: Honeywell Automation India Limited (HAIL) is a ~$350 million+ company listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). It was incorporated in India in 1984 and its registered office in Hadapsar, Pune. HAIL is a leader in providing integrated automation and software solutions, including process solutions and building solutions.
Zebra Technologies: Zebra empowers organizations to thrive in the on-demand economy by making every front-line worker and asset at the edge visible, connected and fully optimized. With an ecosystem of more than 10,000 partners across more than 100 countries, Zebra serves customers of all sizes – including 94% of the Fortune 100 – with an award-winning portfolio of hardware, software, services and solutions that digitize and automate workflows.
