Market Overview:
The global barcode decoders market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for barcode scanners in various applications such as retail and wholesale, logistics and warehousing, industrial manufacturing, healthcare, and others. In addition, the growing adoption of handheld barcode scanners and stationary barcode scanners are also contributing to the growth of this market.
Product Definition:
Barcode decoders are used to scan and decode barcodes. They can be used in retail or warehouse settings to read barcodes on products and track inventory.
Handheld Barcode Scanner:
Handheld barcode scanner is a mobile device that enables users to scan printed or raised barcodes. The technology has gained popularity due to the growing demand for self-checkout systems in retail stores. Handheld scanners are also used in various applications such as warehouse management, inventory control, and product labeling among others.
The global handheld barcode scanner market was valued at USD 3,Bn in 2015.
Stationary Barcode Scanner:
Stationary barcode scanners are used to read and capture data from a series of printed or drawn barcodes. The captured data is then transferred to the computer for further processing. A stationary scanner can be easily integrated into an existing system as it does not require any additional hardware or software for operation.
Application Insights:
The retail and wholesale application segment accounted for the largest market share in 2017. The need for tracking inventory, managing sales, and improving business efficiency is driving the adoption of barcode decoders in this sector. Furthermore, an increase in e-commerce transactions is further expected to drive demand over the forecast period.
The logistics and warehousing application segment is anticipated to register a significant CAGR during the forecast period owing to increasing investments by companies such as Amazon., Inc., UPS, Inc., Federal Express Corporation (FedEx), DHL Globalmail;s Barcode Software Application Development Platform offers flexible design options along with a set of standard features designed specifically for warehouse management applications.
Regional Analysis:
North America dominated the global barcode decoders market in 2017. The growth can be attributed to the presence of prominent players such as Honeywell International, Inc.; and Infotainment Systems Ltd. These companies are engaged in extensive R&D activities to develop advanced technologies for efficient management of industrial plants and distribution centers. This has resulted in increased adoption of barcode technology across numerous industries including manufacturing, warehousing, logistics, retail sales & marketing and healthcare & medical services among others.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing penetration rates of various types of barcode readers along with rising demand from developing countries such as China and India due to their rapidly expanding retail industry coupled with growing e-commerce sector within these economies which requires efficient warehouse management systems for effective inventory control at distribution centers or stores; thus resulting in increased adoption across numerous industries including logistics & warehousing, retail sales & marketing.
Growth Factors:
- Increasing demand for barcode scanners in the retail sector to streamline and automate operations
- Proliferation of mobile devices with barcode scanning capabilities
- Increased adoption of QR codes and other two-dimensional barcodes
- Growing demand for automated data collection and tracking systems
- Rising popularity of self-checkout terminals in retail stores
Scope Of The Report
Report Attributes
Report Details
Report Title
Barcode Decoders Market Research Report
By Type
Handheld Barcode Scanner, Stationary Barcode Scanner
By Application
Retail and Wholesale, Logistics and Warehousing, Industrial Manufacturing, Healthcare, Other
By Companies
Datalogic, Symbol Technologies (Zebra), Honeywell, Cognex, SICK, Newland NCR, Denso Wave, Code, Microscan, Opticon Sensors, Datalogic, 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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Barcode Decoders Market Report Segments:
The global Barcode Decoders market is segmented on the basis of:
Types
Handheld Barcode Scanner, Stationary Barcode Scanner
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
Retail and Wholesale, Logistics and Warehousing, Industrial Manufacturing, Healthcare, Other
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
- Datalogic
- Zebex
- CipherLAB
- Bluebird
- Argox (SATO)
- SUNLUX IOT
Highlights of The Barcode Decoders 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 Scanner
- Stationary Barcode Scanner
- By Application:
- Retail and Wholesale
- Logistics and Warehousing
- Industrial Manufacturing
- Healthcare
- Other
- 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 Barcode Decoders 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.
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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?
A barcode decoder is a device that can read and decode barcodes.
Some of the major companies in the barcode decoders market are Datalogic, Symbol Technologies (Zebra), Honeywell, Cognex, SICK, Newland NCR, Denso Wave, Code, Microscan, Opticon Sensors, Datalogic, Zebex, CipherLAB, Bluebird, Argox (SATO), SUNLUX IOT.
The barcode decoders market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Barcode Decoders 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 Barcode Decoders Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Barcode Decoders 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 Barcode Decoders 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 Barcode Decoders Market Size & Forecast, 2020-2028 4.5.1 Barcode Decoders Market Size and Y-o-Y Growth 4.5.2 Barcode Decoders 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 Scanner
5.2.2 Stationary Barcode Scanner
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 Retail and Wholesale
6.2.2 Logistics and Warehousing
6.2.3 Industrial Manufacturing
6.2.4 Healthcare
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Barcode Decoders 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 Barcode Decoders 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 Scanner
9.6.2 Stationary Barcode Scanner
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 Retail and Wholesale
9.10.2 Logistics and Warehousing
9.10.3 Industrial Manufacturing
9.10.4 Healthcare
9.10.5 Other
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 Scanner
10.6.2 Stationary Barcode Scanner
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 Retail and Wholesale
10.10.2 Logistics and Warehousing
10.10.3 Industrial Manufacturing
10.10.4 Healthcare
10.10.5 Other
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 Scanner
11.6.2 Stationary Barcode Scanner
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 Retail and Wholesale
11.10.2 Logistics and Warehousing
11.10.3 Industrial Manufacturing
11.10.4 Healthcare
11.10.5 Other
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 Scanner
12.6.2 Stationary Barcode Scanner
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 Retail and Wholesale
12.10.2 Logistics and Warehousing
12.10.3 Industrial Manufacturing
12.10.4 Healthcare
12.10.5 Other
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 Scanner
13.6.2 Stationary Barcode Scanner
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 Retail and Wholesale
13.10.2 Logistics and Warehousing
13.10.3 Industrial Manufacturing
13.10.4 Healthcare
13.10.5 Other
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 Barcode Decoders Market: Competitive Dashboard
14.2 Global Barcode Decoders 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 NCR
14.3.7 Denso Wave
14.3.8 Code
14.3.9 Microscan
14.3.10 Opticon Sensors
14.3.11 Datalogic
14.3.12 Zebex
14.3.13 CipherLAB
14.3.14 Bluebird
14.3.15 Argox (SATO)
14.3.16 SUNLUX IOT