Plant Production Tracking System Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

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A plant production tracking system determines the current and past locations of a unique item or property in the distribution and logistics of many types of products. The system is a cumulative serialization solution for companies that prints a distinctive recognizing code onto a product after it is packed.  This helps in the tracing or tracking of various products throughout the supply chain, from the manufacturer to the end-consumer. It also helps manufacturer in reducing piracy by ensuring easy recognition of original products.


The plant production tracking system market is anticipated to expand at a rapid pace from 2018 to 2026. This is due to increase in focus of biopharmaceutical & pharmaceutical companies on brand protection. Medical device manufacturers and pharmaceutical companies face a major threat from pirated products and theft. The implementation of a plant production tracking system helps manufacturers enhance efficiency of their distribution channel and reduces counterfeiting. 

In the long run, the expansion of the plant production tracking system market is anticipated to be fuelled by an increase in the adoption of these systems by mining and energy companies. Implementation of advanced technology such as Radio-Frequency Identification (RFID) provides quick reading and high levels of security. However, the high implementation cost of aggregation and serialization solutions and lack of common standards and regulations are expected to restrain the market. Software solutions was a prominent segment of the plant production tracking system market in 2017.


The plant production tracking system market can be segmented based on application, end-user, product, technology, and region. Based on product, the plant production tracking system market can be classified into hardware and software. The software segment can be further divided into bundle tracking, line controller, case tracking, plant manager, and shipment and warehouse manager solutions. The hardware segment can be further classified into marking and printing solutions, barcode scanners, checkweighers, monitoring and verification solutions, labeling solutions, and RFID readers.

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