Asset management solutions have been implemented to manage assets in various industries such as healthcare, retail, hospitality, transportation and logistics, industrial manufacturing, process industries among others. Automotive, aerospace, heavy engineering and machinery are the key sectors in industrial manufacturing where different asset management systems are deployed in many applications such as inspection, identification, tool tracking, and staff monitoring among others. 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. Optimum utilization of the asset during the assets’ lifecycle results in effective cost saving. This factor is expected to drive the growth of the asset management system market.
Zebra Technologies Corporation (U.S.), Stanley Black and Decker Inc. (U.S.), Honeywell International Inc. (U.S.), Trimble Inc. (U.S.), and TomTom International BV (Netherlands) are some of the leading players in the asset management system market. New product launches, partnerships and agreements, and collaborations are the key strategies used by major players to gain a competitive edge in the asset management system market.
Zebra Technologies Corporation (U.S.) has a leadership position in many categories of the asset management system market. The company has broad product portfolio with a strong presence in Real-Time Location System (RTLS), mobile scanners, and barcode scanners. The company has established a strong brand name owing to its innovation capabilities, product excellence, and quality of products. The company largely focuses on new product launches. For instance, in June 2015, the company launched Zebra OneCare, a portfolio of support services that maximize the uptime and availability of Zebra mobile computers, printers, "https://www.zebra.com/us/en/products/scanners.html">barcode scanners, and RFID solutions. This brand new flexible offering enables partners to increase their revenue and strengthen the relationship with their clients.
Honeywell International Inc. (U.S.) is one of the leading players in the asset management system market. The company is actively involved in improving its product portfolio by introducing new products to ensure its growth in the asset management systems market. For instance, in July 2016, the company’s Honeywell Scanning & Mobility (HSM) division launched N6600 Series Ultra-Slim Area Imaging Engine and its miniature decoding board Mini DB, which together facilitates small mobile devices to rapidly and precisely capture data from barcodes. The product is also designed for harsh environments, thus is capable to read the most scratched barcodes. This product is also being used effectively in the retail and logistics segment. The contemporary features of this product enables the company to gain a competitive advantage in the asset management system market.
https://www.marketsandmarkets.com/Market-Reports/asset-management-system-market-255619316.html
The other companies involved in the development of the asset management system market include Sato Holdings Corporation (Japan), Datalogic S.p.A (Italy), Ubisense Group Plc. (U.K.), Topcon Corporation (Japan), Impinj, Inc. (U.S.), and Mojix Inc. (U.S.).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
