Global Barcode Scanner Market was valued at USD 2.38 Mn in 2019 and is expected to reach at USD 3.76 Mn by 2027 at a CAGR of 5.9% over forecast period 2020-2027.
A barcode scanner or a barcode reader is a device that captures and read information from a barcode and transfer it to the connected computer. A barcode reader comprises of a scanner, a decoder as well as a cable that is connected to the computer. The connected computer decodes the data captured with the help of a software. Barcode Scanners use high-resolution cameras to capture multiple barcodes simultaneously. Presently, barcode scanners have become one of the best solutions for recording and managing product information without making any major manual effort.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Global barcode scanner market is mainly driven by growing retail sector in developing countries. In addition, factors such as rising purchasing power of population, increasing per capita income level, introduction of new product into market, growing e-commerce sector, technical advancement in 2D imaging technology are boosting the market growth over forecast period. However, high cost of installation is expected to hamper the growth of the global barcode scanner market over forecast period.
Global Barcode Scanner Market is majorly segmented by technology, product type, applications, and scanner type. By applications, Healthcare application segment expected to hold highest market share over forecast period. As the use of barcode scanners rectify the possible errors and thus, the demand is increasing in this application industry.
Moreover, the transportation & logistics industry is increasingly adopting the barcode scanners. Such a reader incorporates the latest imaging technologies that are commonly used in image sensors and digital cameras.
Geographically, the Barcode Scanner Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America held 36% market share in 2019 and is expected to keep its dominance over forecast period owing to increasing use of barcode scanners in the retail and manufacturing industries in North America. North America is followed by APAC and Europe.
Asia Pacific is expected to be an emerging market for barcode scanner and is expected to register highest CAGR over forecasted period, owing to high adoption of barcode scanner by logistics, retail, healthcare sectors and increasing number of retail chains in the region. The digitization of the retail market, particularly in India and China, is also opening several growth opportunities for the barcode scanner market in this region.
The Global Barcode Scanner Market is highly dynamic and characterized by the presence of several prominent and mid-sized players. As a result, market players are especially focusing on expanding their regional presence. As part of the efforts toward this end, they are adopting various growth strategies such as merger and acquisition, strategic alliances, joint ventures, etc.
The objective of the report is to present a comprehensive analysis of Global Barcode Scanner Market including all the stakeholders of the industry.
The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report.
External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Barcode Scanner Market dynamics, structure by analyzing the market segments and project the Global Barcode Scanner Market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Barcode Scanner Market make the report investor’s guide.
Key Players of the Global Barcode Scanner Market
Key Players Operating in the Global Barcode Scanner Market
• Honeywell International Inc.
• Zebra Technologies Corporation
• Cognex Corporation
• SATO Holdings Corporation
• Toshiba TEC Corporation
• Wasp Barcode Technologies
• Datalogic S.P.A
• Scandit AG
• Juniper Systems
• Bluebird
• DENSO
• NCR
• Newland
• Opticon
• SICK
• Zebra Technologies Corporation
• OCOM Technologies
• JC Square Inc.
• SATO Holdings Corporation
Key Target Audience:
• Barcode Scanner material manufacturers
• Raw material suppliers
• Barcode Scanner traders and distributors
• Research & development institutions
• Industry Associations
For More Information Visit :
Global Barcode Scanner Market –Industry Analysis and Forecast (2020-2027), by Technology, by Product, by Applications, by Scanner Type and by Geography.
The Scope of the Global Barcode Scanner Market:
The research report segments the global Barcode Scanner Market based on technology, product type, application, compatibility, and geography
Global Barcode Scanner Market, By Technology:
• Camera based reader
• Charge coupled device reader
• Laser scanner
• Omni directional barcode scanners
• Pen type reader
• RFID Reader
• Smart phone based scanner
Global Barcode Scanner Market, By Product:
• Self-checkout barcode scanner
• Mobile computers
• POS retail barcode scanners
• Handheld barcode scanner
Global Barcode Scanner Market, By Applications:
• Logistics & Warehouse
• Retail and Commercial
• Defence
• Health Care
• General Manufacturing
• Other End Users
Global Barcode Scanner Market, By Scanner Type:
• Non-Rugged Barcode Scanner
o Stationary Scanner
o Automatic Reader
o Fixed-Position Scanner
o Presentation Scanner
o Other Non-Rugged Barcode Scanner
• Rugged Barcode Scanner
o PDA Scanner
o Portable/Handheld Scanner
o Cordless Scanner
o Automatic Reader
o Other Rugged Barcode Scanner
Global Barcode Scanner Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Geographic Analysis:
• Breakdown of North America Global Barcode Scanner Market
• Breakdown of Europe Global Barcode Scanner Market
• Breakdown of Asia Pacific Global Barcode Scanner Market
• Breakdown of Middle East & Africa Global Barcode Scanner Market
• Breakdown of Latin America Global Barcode Scanner Market
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