The digital age has brought forth innovation, with technologies like IoT, Machine Learning, AI, and 3D printing taking center stage.
In this dynamic landscape, the Automatic Identification and Data Capture (AIDC) segment emerged and flourished. AIDC solutions aimed at identifying, tracking, and communicating essential data rapidly became a gamechanger, transforming the retail and manufacturing sectors.
The AIDC market began modestly with a 4-6 per cent start, but it rapidly gained momentum after 2021. The surge was driven by the growing demand for automation in logistics workflows, particularly in sectors like E-commerce and Omni-channel fulfilment. The Global AIDC Market, valued at US$ 39.5 billion in 2021, is projected to grow at a CAGR of 14.4 per cent, reaching a value of US$ 80.7 billion by 2030.
Key AIDC technologies such as Barcode scanners, point-of-sale (POS), QR and RFIDs tags have transformed retail, logistics, and manufacturing processes. They have enhanced inventory management, track and trace, shipment management, and overall operational efficiency.
The following AIDC companies have pioneered innovative automation tools:
1. Newland AIDC: Established in 1999 as a subsidiary of Newland Digital Technology, Newland AIDC boasts over 20 years of R&D in data capturing and enterprise mobility.
2. Zebra Technologies: Empowering organisations to thrive in the on-demand economy, Zebra ensures visibility, connectivity, and optimisation of front-line workers and assets. With a vast global presence, Zebra serves customers of all sizes, including 94 per cent of the Fortune 100.
3. Honeywell Automation: Honeywell Automation India Limited (HAIL) has been providing cutting-edge process solutions and building solutions since 1984. It is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
4. Cognex: As the world's leading provider of vision systems, software, sensors, and industrial barcode readers for manufacturing automation, Cognex plays a pivotal role in enhancing product quality, reducing errors, and cutting manufacturing costs.
5. Datalogic: A global leader in automatic data capture and factory automation markets, Datalogic specialises in designing and producing barcodes mobile computers, radio-frequency identification, sensors for detection, measurement, and safety, as well as vision and laser marking systems.
