North America Track And Trace Solutions Market is expected to grow with the CAGR of 10.9% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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North America track and trace solutions market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in North America track and trace solutions market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement into the market. This helped companies to maximize the sales with enhanced product portfolio. For instance, In May 2019, METTLER TOLEDO opened its new product inspection test centre for European food and pharmaceutical processors at Barcelona. This new test centre opened by the company has increases its credibility in the market leading to increased demand and sales of its product in future.
SAP SE is the dominating player in the North America track and trace solutions market. The other key players existing in the market includes Adents, Uhlmann, ANTARES VISION S.p.A., OPTEL GROUP, SEA VISION S.r.l., Xyntek Incorporated, Jekson Vision, RFXCEL.CORP., PharmaSecure Inc., Systech, Zebra Technologies Corp., ACG, WIPOTEC-OCS GmbH, Domino Printing Sciences plc, SL Controls Ltd, Arvato Systems, Axyway, TraceLink, Korber AG, Siemens, IBM Corporation, Videojet Technologies, Inc., NJM, Robert Bosch Manufacturing Solutions GmbH.
SAP SE:
SAP SE is headquartered in Walldorf, Germany and was founded in 1972. The company focuses on providing enterprise software in order to maintain the business operations. The company is providing products under ERP and finance, CRM and customer experience, network and spend management, digital supply chain, HR and people engagement, business technology platform. The market focus products lie under digital supply chain product category. The company is engaged in continuous development of Track and trace solutions.
- In April 2020, SAP SE announced the use of its cloud-based Web application for the automation and speed up contact tracing of COVID-19 cases. This initiative taken by the company in the emergence of COVID-19 will enhance its product demand in the market.
The company has a wide presence across the globe such as Asia-Pacific, Europe, Middle East and Africa, North America and South America. The company has various subsidiaries like SAP Deutschland SE & Co. KG. Walldorf (Germany), LLL SAP CIS, Moscow (Russia), SAP France, Levallois Perret (France), Ariba, Inc., Palo Alto (U.S.) and SAP China Co., Ltd. (China) among more.
METTLER TOLEDO
METLLER TOLEDO is headquartered in Ohio, U.S. and was incorporated in 1991. The company is manufacturer and marketer of precision instruments for the use in laboratory, industrial and food retailing applications. The company has multiple business segments such as laboratory, industrial and retail, in which industrial is the market focused segment. The company is providing products under laboratory weighing, industrial scales and local cell systems, product inspection, pipettes, process analytics, truck scales/weighbridges and dimensioning, analytical instruments, automated reactors and in situ analysis and retail weighing scales. The market focus products lie under product inspection product category. The company is engaged in continuous development of track and trace solutions.
- In May 2019, METTLER TOLEDO opened its new product inspection test centre for European food and pharmaceutical processors at Barcelona. This new test centercentre opened by the company has increases its credibility in the market leading to increased demand and sales of its product in future.
The company has a wide presence across Europe, North America, South America, Asia-Pacific and Middle East and Africa. The company also has various subsidiary companies such as Mettler-Toledo Limited (Australia), Mettler-Toledo Finance Ltd (Bermuda), Mettler-Toledo EPEC SAS (France), Garvens Automation GmbH (Germany) and Mettler-Toledo (HK) Ltd. (Hong Kong) among more.
Zebra Technologies Corp.:
Zebra Technologies Corp. was founded in 1969 and is headquartered in Illinois, U.S. The company is focused on providing products, software, services, analytics and solutions that are used to intelligently connect with people, assets and data. The company is engaged in providing products in categories such as mobile computers, printers, barcode scanners and data capture, printing supplies, RFID, locating systems hardware and software, tablets, interactive kiosks, accessories, software & OEM among which barcode scanner, RFID, software, printers are the market focused category. The company is engaged in continuous development of track and trace solutions.
- In June 2020, Zebra Technologies Corp. launched Zebra MotionWorks Proximity which offers proximity sensing with user-level alerting and contact tracing to enable employers to help protect their employees' health while in the work environment. This new product launch by the company will increase its credibility in the market.
The company has a wide presence across Europe, North America, South America, Asia-Pacific and Middle East and Africa. The company also has various subsidiary companies such as Genuine Zebra Technologies Trading (Shanghai) Co., Ltd. (China), Psion Canada Holdings Company (Canada), Psion Africa (Proprietary) Limited (South Africa), Laser Band LLC (U.S.) and Hart Systems, Ltd. (UK) among more.
