HOME Top Market Reports Asset Management System Market by Solution (RFID, RTLS, GPS and Barcode), Asset Type (Electronics Assets, Returnable Transport Assets, In-Transit Equipment, Manufacturing Assets and Personnel), Industry and Geography - Global Forecast to 2022

Asset Management System Market by Solution (RFID, RTLS, GPS and Barcode), Asset Type (Electronics Assets, Returnable Transport Assets, In-Transit Equipment, Manufacturing Assets and Personnel), Industry and Geography - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: January 2017
Report Code: SE 2875

 

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The asset management system allows an enterprise to minimize its operational cost by facilitating efficient utilization of the existing resources. For instance, by tracking and managing equipment in real time helps an organization to timely schedule the maintenance, thus reducing the machine downtime and increasing the equipment life. The asset management system market was valued at USD 9.43 Billion in 2015 and is expected to grow at a CAGR of 15.17% between 2016 and 2022. The base year considered for the study is 2015 and the forecast period is between 2016 and 2022. The objective of the report is to provide a detailed analysis of the asset management system market based on asset type, function, solution, industry, and geography. The report provides detailed information regarding the major factors influencing the growth of the asset management system market. The report also provides a detailed overview of the value chain of the asset management system market and analyzes the market trends with Porter’s five forces analysis model.

The research methodology used to estimate and forecast the asset management system market begins with capturing revenue data of the key vendor in each solutions category through secondary research such as RAIN RFID Alliance, Association of Automatic Identification and Mobility (AIM), IEEE journals, and leading players’ newsletters. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the asset management system market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments which have been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries is depicted in the following figure:

Asset Management System Market

To know about the assumptions considered for the study, download the pdf brochure

The ecosystem of the asset management system market comprises hardware suppliers, software suppliers, end-to-end solutions providers, system integrators, and distributors. The players involved in the development of asset management system market include Zebra Technologies Corporation (U.S.), Stanley Black and Decker, Inc. (U.S.), Sato Holdings Corporation (Japan), Honeywell International, Inc. (U.S.), Datalogic S.p.A (Italy), Trimble Inc. (U.S.), TomTom International BV (Netherlands), Topcon Corporation (Japan), Ubisense Group Plc. (U.K.), Mojix, Inc. (U.S.), and Impinj, Inc. (U.S.) among others as well as associations such as RAIN RFID Alliance and Association of Automatic Identification and Mobility (AIM).

Target audience of the report:

  • Barcode scanner, barcode printer, and consumables suppliers
  • Mobile computer and rugged computing devices suppliers
  • Supplier of the radio-frequency identification (RFID) tags, readers, and chips
  • Players such as suppliers and end-to-end solution providers in Real-Time Location System (RTLS) market
  • Supplier of Global Positioning System (GPS) tags and Global Navigation Satellite System (GNSS)/GPS receivers
  • GPS-based asset management and telematics  services providers
  • Banks, financial institutions, investors, and venture capitalists
  • Technology investors
  • Governments and financial institutions
  • Analysts and strategic business planners

“This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.”

Scope of the Report:

This research report categorizes the asset management system market on the basis of asset type, function, solution, industry, and geography.

Asset Management System Market, by Asset Type:

  • Electronics Assets
  • Returnable Transport Assets
  • In-Transit Equipment
  • Manufacturing Assets
  • Personnel/ Staff

Asset Management System Market, by Function:

  • Location/Movement Tracking
  • Check-In/Check-Out
  • Repair & Maintenance
  • Others (security, automatic updating of data, and quality check)

Asset Management System Market, by Solution:

  • Radio Frequency Identification (RFID)
  • Real-Time Location System (RTLS)
  • Barcode
  • Global Positioning System (GPS)

Asset Management System Market, by Industry:

  • Retail
  • Healthcare
  • Transportation and Logistics
  • Hospitality
  • Industrial Manufacturing
  • Process Industry
  • Others (construction, education, government, agricultural and livestock management, food and beverages, and robotics)

Asset Management System Market, by Geography:

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Rest of the World (RoW)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the companies’ specific needs. The following customization options are available for the report:

Company Information:

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data Points From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Arriving at the Market Share By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 32)
    4.1 Asset Management System Opportunities, 2016–2022
    4.2 Asset Management System, By Solution (2016–2022)
    4.3 Asset Management System Market, By Asset Type (2016–2022)
    4.4 Barcode Scanner Market, By Type (2016–2022)
    4.5 Asset Management System Market, By Application and Region
    4.6 Asset Management System Market, By Geography

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Asset Type
           5.2.2 By Function
           5.2.3 By Solution
           5.2.4 By Industry
           5.2.5 By Geography
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Optimum Resource Utilization By Efficient Asset Tracking and Management
                    5.3.1.2 Reduced Maintenance Downtime
           5.3.2 Restraints
                    5.3.2.1 High Initial Cost and Significant Maintenance Expenditure
           5.3.3 Opportunities
                    5.3.3.1 Opportunities Created By Smart Factories in Industrial Manufacturing
                    5.3.3.2 Rising Demand for Asset Management Solutions (RFID, RTLS, Barcode) From Industries in Asia-Pacific and the Middle East
                    5.3.3.3 Increase in the Demand for Image-Based Solutions in the Barcode Scanner Market
           5.3.4 Challenges
                    5.3.4.1 Complicated Trade-Off Between Accuracy, Range, and Power Consumption Posing A Challenge for RTLS Providers

6 Industry Trends (Page No. - 46)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Intensity of Competitive Rivalry
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Buyers
           6.3.4 Threat of New Entrants
           6.3.5 Bargaining Power of Suppliers

7 Market Analysis, By Asset Type (Page No. - 54)
    7.1 Introduction
    7.2 Electronics Assets
    7.3 Returnable Transport Assets
    7.4 In-Transit Equipment
    7.5 Manufacturing Assets
    7.6 Personnel/Staff

8 Market Analysis, By Function (Page No. - 58)
    8.1 Introduction
    8.2 Location and Movement Tracking
    8.3 Check In/Check Out
    8.4 Repair and Maintenance
    8.5 Others

9 Market Analysis, By Solution (Page No. - 62)
    9.1 Introduction
    9.2 Radio Frequency Identification (RFID)
           9.2.1 Passive Tags
           9.2.2 Active Tags
           9.2.3 RFID Readers
           9.2.4 Antenna
    9.3 Real-Time Location System (RTLS)
           9.3.1 RTLS Market, By Component
                    9.3.1.1 Hardware
                               9.3.1.1.1 Tag/Badge
                               9.3.1.1.2 Reader/Interrogator
                    9.3.1.2 Software
                    9.3.1.3 Service
           9.3.2 RTLS Market, By Technology
                    9.3.2.1 Wi-Fi
                    9.3.2.2 Ultra-Wideband(Uwb)
                    9.3.2.3 Ultrasound
                    9.3.2.4 Bluetooth Low Energy (BLE)
                    9.3.2.5 Infrared
                    9.3.2.6 Zigbee
                    9.3.2.7 Others
    9.4 Barcode
           9.4.1 Barcode Scanner/Reader/Imager
                    9.4.1.1 Barcode Scanner/Imager, By Technology
                               9.4.1.1.1 Linear Imager
                               9.4.1.1.2 2-Dimensional (2D) Imager
                               9.4.1.1.3 Laser Scanner
                    9.4.1.2 Barcode Scanner, By Connectivity
                               9.4.1.2.1 Wired
                               9.4.1.2.2 Wireless
                    9.4.1.3 Barcode Scanner, By Type
                               9.4.1.3.1 Handheld Scanner
                               9.4.1.3.2 Stationary Barcode Scanner
                                             9.4.1.3.2.1 Point of Sale (POS) Scanner
                                             9.4.1.3.2.2 Industrial Stationary Barcode Scanner
           9.4.2 Mobile Computer
                    9.4.2.1 Wearable
                    9.4.2.2 Nonwearable
           9.4.3 Labels
                    9.4.3.1 1 Dimensional (1D)
                    9.4.3.2 2 Dimensional (2D)
    9.5 Global Positioning System (GPS)
    9.6 Analysis of Enterprise Asset Management (EMA) Solutions
           9.6.1 Benefits of Implementing EMA
           9.6.2 Driving Factors of EMA
           9.6.3 Major Players in the EMA Market

10 Market Analysis, By Industry (Page No. - 91)
     10.1 Introduction
     10.2 Healthcare
     10.3 Retail
     10.4 Hospitality
     10.5 Transportation and Logistics
     10.6 Industrial Manufacturing
             10.6.1 Automotive
             10.6.2 Aerospace
             10.6.3 Other Industrial Manufacturing Segments
     10.7 Process Industry
             10.7.1 Oil & Gas
                        10.7.1.1 Upstream
                        10.7.1.2 Downstream
             10.7.2 Energy and Power
             10.7.3 Chemical
             10.7.4 Mining
     10.8 Other Industries

11 Geographic Analysis (Page No. - 101)
     11.1 Introduction
     11.2 North America
             11.2.1 U.S.
             11.2.2 Canada
             11.2.3 Mexico
     11.3 Europe
             11.3.1 U.K.
             11.3.2 Germany
             11.3.3 France
             11.3.4 Rest of Europe
     11.4 Asia-Pacific (APAC)
             11.4.1 China
             11.4.2 Japan
             11.4.3 India
             11.4.4 Rest of APAC
     11.5 Rest of the World
             11.5.1 Middle East and Africa
             11.5.2 South America

12 Competitive Landscape (Page No. - 132)
     12.1 Overview
     12.2 Market Ranking Analysis: Asset Management System Market
     12.3 Competitive Situations and Trends
             12.3.1 New Product Developments
             12.3.2 Partnerships/Agreements/Collaborations
             12.3.3 Mergers and Acquisitions
             12.3.4 Expansions

13 Company Profiles (Page No. - 142)
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
     13.1 Zebra Technologies Corporation
     13.2 Stanley Black & Decker, Inc.
     13.3 Ubisense Group PLC
     13.4 Sato Holdings Corporation
     13.5 Honeywell International Inc.
     13.6 Trimble Inc.
     13.7 Datalogic S.P.A.
     13.8 Topcon Corporation
     13.9 Tomtom International Bv
     13.10 Impinj, Inc.
     13.11 Mojix Inc.

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 172)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real-Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details


List of Tables (85 Tables)

Table 1 Asset Management System Market, By Asset Type
Table 2 Asset Management System Market, By Function
Table 3 Asset Management System Market, By Solution
Table 4 Asset Management System Market, By Industry
Table 5 Asset Management System Market, By Asset Type, 2013–2022 (USD Million)
Table 6 Asset Management System Market, By Solution, 2013–2022 (USD Million)
Table 7 Comparison of Active RFID Tags and Passive RFID Tags
Table 8 AMS Market for RFID Solution, By Region, 2013–2022 (USD Million)
Table 9 Key Players in the Radio Frequency Identification (RFID) Market
Table 10 AMS Market for RFID Solution, By Component, 2013–2022 (USD Million)
Table 11 AMS Market for RFID Solution, By Industry, 2013–2022 (USD Million)
Table 12 AMS Market for RTLS Solution, By Region, 2013–2022 (USD Million)
Table 13 Key Players in the Real-Time Location System (RTLS) Market
Table 14 AMS Market for RTLS Solution, By Technology, 2013–2022 (USD Million)
Table 15 AMS Market for RTLS Solution, By Industry, 2013–2022 (USD Million)
Table 16 Key Players of Barcode Scanner/Imager and Mobile Computer
Table 17 AMS Market for Barcode Solution, By Type, 2013–2022 (USD Million)
Table 18 AMS Market for Barcode Scanner, By Region,2013–2022 (USD Million)
Table 19 AMS Market for Barcode Scanner, By Type, 2013–2022 (USD Million)
Table 20 AMS Market for Handheld Barcode Scanner, By Technology, 2013–2022 (USD Million)
Table 21 AMS Market for Handheld Barcode Scanner, By Region, 2013–2022 (USD Million)
Table 22 AMS Market for Stationary Barcode Scanner, By Region, 2013–2022 (USD Million)
Table 23 AMS Market for Stationary Barcode Scanner, By Type, 2013–2022 (USD Million)
Table 24 AMS Market for POS Barcode Scanner, By Region, 2013–2022 (USD Million)
Table 25 AMS Market for Industrial Stationary Barcode Scanner, By Region, 2013–2022 (USD Million)
Table 26 AMS Market for Mobile Computer, By Region, 2013–2022 (USD Million)
Table 27 AMS Market for Barcode Solution, By Industry, 2013–2022 (USD Million)
Table 28 AMS Market for GPS Solution, By Region, 2013–2022 (USD Million)
Table 29 AMS Market for GPS Solution, By Industry, 2013–2022 (USD Million)
Table 30 Asset Management System Market, By Industry, 2013–2022 (USD Million)
Table 31 AMS Market for Healthcare, By Solution, 2013–2022 (USD Million)
Table 32 AMS Market for Retail, By Solution, 2013–2022 (USD Million)
Table 33 AMS Market for Hospitality, By Solution, 2013–2022 (USD Million)
Table 34 AMS Market for Transportation and Logistics, By Solution, 2013–2022 (USD Million)
Table 35 AMS Market for Industrial Manufacturing, By Solution, 2013–2022 (USD Million)
Table 36 AMS Market for Process Industry, By Solution, 2013–2022 (USD Million)
Table 37 Asset Management System Market for Other Industries, By Solution, 2013–2022 (USD Million)
Table 38 Asset Management System Market, By Region, 2013–2022 (USD Million)
Table 39 AMS Market in North America, By Country, 2013–2022 (USD Million)
Table 40 AMS Market in North America for RTLS, By Technology, 2013–2022 (USD Million)
Table 41 AMS Market in North America for RTLS, By Industry, 2013–2022 (USD Million)
Table 42 AMS Market in North America for Wi-Fi Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 43 AMS Market in North America for Uwb Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 44 AMS Market in North America for Infrared Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 45 AMS Market in North America for Ultrasound Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 46 AMS Market in North America for Zigbee Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 47 AMS Market in North America for BLE Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 48 AMS Market in North America for Other Technologies of RTLS, By Industry, 2013–2022 (USD Million)
Table 49 Asset Management System Market in Europe, By Country, 2013–2022 (USD Million)
Table 50 AMS Market in Europe for RTLS, By Technology, 2013–2022 (USD Million)
Table 51 AMS Market in Europe for RTLS, By Industry, 2013–2022 (USD Million)
Table 52 AMS Market in Europe for Wi-Fi Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 53 AMS Market in Europe for Uwb Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 54 AMS Market in Europe for Infrared Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 55 AMS Market in Europe for Ultrasound Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 56 AMS Market in Europe for Zigbee Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 57 AMS Market in Europe for BLE Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 58 AMS Market in Europe for Other Technologies of RTLS, By Industry, 2013–2022 (USD Million)
Table 59 AMS Market for RTLS in APAC, By Country, 2013–2022 (USD Million)
Table 60 AMS Market in for RTLS in APAC, By Technology, 2013–2022 (USD Million)
Table 61 AMS Market in APAC for RTLS, By Industry, 2013–2022 (USD Million)
Table 62 AMS Market in APAC for Wi-Fi Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 63 AMS Market in APAC for Uwb Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 64 AMS Market in APAC for Infrared Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 65 AMS Market in APAC for Ultrasound Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 66 AMS Market in APAC for Zigbee Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 67 AMS Market in APAC for BLE Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 68 AMS Market in APAC for Other Technologies of RTLS, By Industry, 2013–2022 (USD Million)
Table 69 AMS Market in RoW, By Region, 2013–2022 (USD Million)
Table 70 AMS Market in RoW for RTLS, By Technology, 2013–2022 (USD Million)
Table 71 AMS Market in RoW for RTLS, By Industry, 2013–2022 (USD Million)
Table 72 AMS Market in RoW for Wi-Fi Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 73 AMS Market in RoW for Uwb Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 74 AMS Market in RoW for Infrared Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 75 AMS Market in RoW for Ultrasound Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 76 AMS Market in RoW for Zigbee Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 77 AMS Market in RoW for BLE Technology of RTLS, By Industry, 2013–2022 (USD Million)
Table 78 AMS Market in RoW for Other Technologies of RTLS, By Industry, 2013–2022 (USD Million)
Table 79 Top Players in the RFID and RTLS Market, 2015
Table 80 Top Players in the Barcode Market, 2015
Table 81 Top Players in the GPS Market, 2015
Table 82 New Product Developments, 2014–2016
Table 83 Partnerships, Agreements, and Collaborations (2014–2016)
Table 84 Mergers and Acquisitions (2014–2016)
Table 85 Expansions (2014–2016)


List of Figures (64 Figures)

Figure 1 Asset Management System Market : Markets Covered
Figure 2 Asset Management System Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Segmentation of the Asset Management System Market
Figure 8 Snapshot of the Asset Management System Market (2016 vs 2022): Barcode to Hold the Largest Size of the Market in 2016
Figure 9 Retail and Transportation and Logistics Segment Capture Half of the Asset Management System Market in 2016
Figure 10 Snapshot of the Asset Management System for Barcode Solutions (2016 vs 2022): Mobile Computers to Hold the Largest Size of the Market By 2022
Figure 11 In-Transit Equipment Asset Type is Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 12 North America to Hold the Largest Share of the Asset Management System Market in 2016
Figure 13 RTLS Solutions is Expected to Drive the Growth of the Asset Management System Market Between 2016 and 2022
Figure 14 RTLS Solution Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 15 Returnable Transport to Hold More Than One-Third Share of Asset Management System Market in 2016
Figure 16 Handheld Scanners Expected to Hold the Largest Share of the Asset Management System Market in 2016
Figure 17 Retail Industry to Capture Almost Half of the Global Asset Management System Market in 2016
Figure 18 U.S. Expected to Hold the Largest Size of the Asset Management System Market in 2016
Figure 19 Asset Management System Market, By Geography
Figure 20 Increasing Demand for the Asset Management Solutions (RFID, RTLS, Barcode) From Industries in Asia-Pacific Expected to Drive the Market
Figure 21 Real-Time Location System (RTLS) in Manufacturing
Figure 22 Asset Management System Market: Value Chain Analysis
Figure 23 Asset Management System Market: Porter’s Five Forces Analysis, 2016
Figure 24 Intensity of Competitive Rivalry has High Impact on the Market
Figure 25 Huge Number of Suppliers Leading to High Impact at Competitive Rivalry
Figure 26 Threat of Substitutes has A Medium Impact on Asset Management System Market
Figure 27 Presence of Numerous Suppliers Leading to High Bargaining Power of Buyers
Figure 28 Threat of New Entrants has A Medium Impact on Market in 2015
Figure 29 Bargaining Power of Suppliers Considered to Be Medium in 2015
Figure 30 Asset Management System Market, By Asset Type
Figure 31 Benefits of Check In/Check Out Systems
Figure 32 Maintenance Asset Management System
Figure 33 Asset Management System Market, By Solution
Figure 34 RTLS Market : By Technology
Figure 35 Market for Barcode Solutions, By Type
Figure 36 Barcode Scanner/Imager : Segments
Figure 37 Asset Management System Market, By Industry
Figure 38 Key Segments of the Transportation and Logistics Industry
Figure 39 Key Segments of Industrial Manufacturing
Figure 40 Key Sectors in the Process Industry
Figure 41 Geographic Snapshot: Global Asset Management System Market
Figure 42 Snapshot: Asset Management System Market in North America
Figure 43 Asset Management System Market in France is Likely to Grow at the Highest CAGR Between 2016-2022
Figure 44 Snapshot: Asset Management System Market in APAC
Figure 45 Asset Management Market System in Middle East & Africa is Likely to Grow at the Highest CAGR Between 2016 and 2022
Figure 46 Companies Adopted New Product Developments as the Key Growth Strategy Between 2014 and 2016
Figure 47 Ranking of the Key Players in the Barcode Market
Figure 48 Market Evolution Framework: New Product Developments Was the Major Strategy Adopted By Key Players (2014–2016)
Figure 49 Battle for Market Share: New Product Developments as the Key Growth Strategy
Figure 50 Zebra Technologies Corporation: Company Snapshot
Figure 51 Zebra Technologies Corporation: SWOT Analysis
Figure 52 Stanley Black & Decker, Inc.: Company Snapshot
Figure 53 Stanley Black & Decker, Inc.: SWOT Analysis
Figure 54 Ubisense Group PLC: Company Snapshot
Figure 55 Sato Holdings Corporation: Company Snapshot
Figure 56 Honeywell International Inc.: Company Snapshot
Figure 57 Honeywell International Inc.: SWOT Analysis
Figure 58 Trimble Inc.: Company Snapshot
Figure 59 Trimble Inc.: SWOT Analysis
Figure 60 Datalogic S.P.A.: Company Snapshot
Figure 61 Datalogic S.P.A.: SWOT Analysis
Figure 62 Topcon Corporation: Company Snapshot
Figure 63 Tomtom International BV: Company Snapshot
Figure 64 Impinj, Inc.: Company Snapshot

The asset management system market is expected to reach USD 25.55 Billion by 2022, at a CAGR of 15.17% between 2016 and 2022. The growth of the asset management system market is propelled by factors such as optimum resource utilization offered by efficient asset tracking and management and reduced maintenance downtime owing to deployment of relevant solutions such as Real-Time Location System (RTLS), Radio-Frequency Identification (RFID), barcode, and Global Positioning System (GPS).

RTLS solutions available in the market based on different technologies are wireless fidelity (Wi-Fi), ultra- wide band (UWB), Infrared, Bluetooth LE, and Ultrasound among others. The customer could choose an asset management solution according to their requirement. Moreover, the advent of wireless technology has made it possible to deploy these solutions wirelessly. RTLS enable an organization to control and monitor its resources such as personnel and machine across the premises in real time. Furthermore, quick turnaround and return of investment (ROI) in less than two years is realized for a typical project. Considering these factors, the asset management system market for RTLS solutions is expected to exhibit the highest growth rate in comparison to other solutions.

Barcode scanners have existed in the market since a long time and play a key role in the area of auto identification and data capture. Barcode solution is a labor intensive technology but could be implemented at a much lower cost than other solutions. Industrial stationary scanner is expected to drive the barcode solution segment owing to the demand for machine visions system for automated inspection and identification in the production process across many industries.

The retail industry is estimated to hold the largest share of the asset management system market in 2016 owing to adoption of barcode and RFID solutions for in-store retail automation and supply chain visibility. Passive ultra high frequency (UHF) tags are widely adopted in merchandise tagging, while barcode scanners are used to read loyalty cards, one-dimensional (1D) barcode, and two-dimensional (2D) barcodes.

Asset Management System Market

Asia-Pacific (APAC) is expected to grow at the highest growth rate in the asset management system market and would be led by China and India. The transition toward organized retailing, multifold growth of ecommerce, induction of more healthcare facilities, and automation in the manufacturing industry are some of the factors expected to drive the growth of the asset management system market in the APAC region.

The major restraining factor is the high initial cost and significant maintenance expenditure associated with asset management solutions especially in case of RTLS and GPS solutions.

The key market players are Zebra Technologies Corporation (U.S.) and Datalogic S.p.A (Italy).

Zebra Technologies Corporation is well positioned in the barcode, mobile computer, and RTLS solutions market and maintains its position by introducing new products and solutions to address customer needs across the industry in the asset management system market.

Datalogic S.p.A (Italy) has a competitive advantage not only in fixed POS barcode scanners that are primarily used in retailing but also in handheld barcode readers for inventory management and data capture at points-of-sale (POS).

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