Market Overview:
The global industrial barcode reader market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for barcode readers in various industrial applications such as logistics and warehousing, industrial manufacturing, and others. Additionally, the growing adoption of barcode readers in emerging economies is also contributing to the growth of this market. On the basis of type, handheld barcode readers are expected to account for a larger share of the global industrial barcode reader market than stationary barcode readers during the forecast period. This can be attributed to their portability and ease-of-use which makes them suitable for use in a wide range of applications.
Product Definition:
An industrial barcode reader is a device that scans barcodes and outputs the data encoded in those barcodes. Industrial barcode readers are used in a variety of settings, including factories, warehouses, and shipping facilities. The data encoded in a barcode can include information about the product being scanned, such as its name, description, price, and stock level. By scanning products with a barcode scanner and outputting that data into an inventory management system or other software program, businesses can keep track of their stock levels and make sure they are always ordering enough products to meet demand.
Handheld Barcode Reader:
Handheld barcode reader is a mobile device that can read and scan printed codes or QR code. The technology has been in use for more than 20 years, but the product category was limited to high-end enterprise applications until recently. Handheld readers are now available at a reasonable price, which has led to their increased penetration in the industrial sector as well.
Stationary Barcode Reader:
Stationary barcode reader and its usage in industrial barcode reader market is a device that helps to read and scan printed codes or labels, which are fixed on packaged products during the production process. The product consists of a scanner unit, which reads the unique code generated by the machine; this information can be used for inventory control as well as for tracking purposes.
Global stationary barcode reader.
Application Insights:
The others application segment accounted for the largest market share in 2017 and is projected to grow at a CAGR of XX% over the forecast period. The growing adoption of barcode readers across various industries including retail, healthcare, food & beverages, and logistics & warehousing is expected to drive the demand for barcode readers over the coming years.
The industrial manufacturing sector accounted for a significant share in 2017 owing to increasing investments in developing countries such as China India Japan South Korea Singapore Malaysia Philippines Thailand Indonesia Vietnam Brazil Russia Mexico which are considered as emerging markets that have shown high growth potential due to their large population base and their rising per capita income levels which has resulted into increased spending on consumer goods electronics etcetera resulting into increased demand for scanners thus driving industry growth.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rising adoption of barcode technology, and growing demand for efficient supply chain management practices. Furthermore, China is anticipated to dominate this region owing to rapid urbanization coupled with government support for infrastructure development.
The Asia Pacific regional market has been witnessing a significant rise in manufacturing activities due to low labor costs as compared to developed regions such as North America and Europe. This trend is expected continue over the forecast period which will benefit industry growth since it provides an opportunity for Industry 4.0 companies based on smart factories that can produce more efficiently using data insights rather than having huge inventory levels or production errors associated with them leading ultimately into saving cost & time required for correcting same thus benefitting overall industry participants’ bottom line thereby driving Industry 4.0 barcode reader demand across various applications including logistics & warehousing, industrial manufacturing etc.
Growth Factors:
- Increasing demand for industrial barcode readers in the automotive and manufacturing sectors due to the growing trend of automation and digitization.
- Proliferation of Internet of Things (IoT) across various industry verticals is expected to create new opportunities for industrial barcode readers market growth.
- Rising demand from small- and medium-sized businesses (SMBs) for cost-effective and efficient barcode reading solutions is anticipated to boost market growth during the forecast period.
- Growing popularity of 2D barcodes among retailers and consumers is projected to fuel market demand for industrial barcode readers in the near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Barcode Reader Market Research Report
By Type
Handheld Barcode Reader, Stationary Barcode Reader
By Application
Logistics and Warehousing, Industrial Manufacturing, Others
By Companies
Datalogic, Symbol Technologies (Zebra), Honeywell, Cognex, SICK, Newland, NCR, Denso Wave, Code, Microscan, Opticon Sensors, MINDEO, Zebex, CipherLAB, Bluebird, Argox (SATO), SUNLUX IOT
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Barcode Reader Market Report Segments:
The global Industrial Barcode Reader market is segmented on the basis of:
Types
Handheld Barcode Reader, Stationary Barcode Reader
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Logistics and Warehousing, Industrial Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Datalogic
- Symbol Technologies (Zebra)
- Honeywell
- Cognex
- SICK
- Newland
- NCR
- Denso Wave
- Code
- Microscan
- Opticon Sensors
- MINDEO
- Zebex
- CipherLAB
- Bluebird
- Argox (SATO)
- SUNLUX IOT
Highlights of The Industrial Barcode Reader Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Handheld Barcode Reader
- Stationary Barcode Reader
- By Application:
- Logistics and Warehousing
- Industrial Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Barcode Reader Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial Barcode Reader is a device that can be used to read barcodes.
Some of the key players operating in the industrial barcode reader market are Datalogic, Symbol Technologies (Zebra), Honeywell, Cognex, SICK, Newland, NCR, Denso Wave, Code, Microscan, Opticon Sensors, MINDEO, Zebex, CipherLAB, Bluebird, Argox (SATO), SUNLUX IOT.
The industrial barcode reader market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Barcode Reader Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Barcode Reader Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Barcode Reader Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Barcode Reader Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Barcode Reader Market Size & Forecast, 2020-2028
4.5.1 Industrial Barcode Reader Market Size and Y-o-Y Growth
4.5.2 Industrial Barcode Reader Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Handheld Barcode Reader
5.2.2 Stationary Barcode Reader
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Logistics and Warehousing
6.2.2 Industrial Manufacturing
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Barcode Reader Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Barcode Reader Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Handheld Barcode Reader
9.6.2 Stationary Barcode Reader
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Logistics and Warehousing
9.10.2 Industrial Manufacturing
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Handheld Barcode Reader
10.6.2 Stationary Barcode Reader
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Logistics and Warehousing
10.10.2 Industrial Manufacturing
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Handheld Barcode Reader
11.6.2 Stationary Barcode Reader
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Logistics and Warehousing
11.10.2 Industrial Manufacturing
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Handheld Barcode Reader
12.6.2 Stationary Barcode Reader
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Logistics and Warehousing
12.10.2 Industrial Manufacturing
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Handheld Barcode Reader
13.6.2 Stationary Barcode Reader
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Logistics and Warehousing
13.10.2 Industrial Manufacturing
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Barcode Reader Market: Competitive Dashboard
14.2 Global Industrial Barcode Reader Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Datalogic
14.3.2 Symbol Technologies (Zebra)
14.3.3 Honeywell
14.3.4 Cognex
14.3.5 SICK
14.3.6 Newland
14.3.7 NCR
14.3.8 Denso Wave
14.3.9 Code
14.3.10 Microscan
14.3.11 Opticon Sensors
14.3.12 MINDEO
14.3.13 Zebex
14.3.14 CipherLAB
14.3.15 Bluebird
14.3.16 Argox (SATO)
14.3.17 SUNLUX IOT
