Market Overview:
The global image-based barcode reader market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for image-based barcode readers in various applications such as retail and wholesale, logistics and warehousing, industrial manufacturing, healthcare, and others. Additionally, the growing trend of automation across different industries is also fueling the demand for image-based barcode readers globally.
Product Definition:
An image-based barcode reader is a device that can read barcodes from digital images. This type of reader is used in applications where the traditional scanner-based approach is not feasible, such as when scanning items that are too large or too small, or when the barcode label cannot be seen clearly.
Handheld Barcode Reader:
Handheld barcode reader is a device that helps in scanning and identifying printed codes or labels attached to products. The technology has evolved over the years, from simple linear read-and-write devices to more complex multi-line and matrix code readers. Handheld scanners have become popular for their portability, speed, accuracy, and versatility.
Stationary Barcode Reader:
Stationary barcode reader is a device that helps in scanning and capturing the data from the printed or displayed barcodes. The captured data is then transferred to a computer where it can be processed for further use. It works on the basis of optical character recognition (OCR) technology wherein a series of characters are extracted from images or scanned text documents and their sequences are analyzed.
Application Insights:
The retail and wholesale application segment accounted for the largest market share in 2017. The growth of this segment is attributed to the increasing use of barcode readers at checkout counters, warehouses, stores and markets across the globe to improve inventory management. Moreover, image-based barcode technology helps in reducing human efforts by automating data entry operations at checkouts thereby driving its adoption.
The logistics and warehousing application segment is expected to register a significant CAGR over the forecast period owing to rising demand for efficient warehouse management practices that help in reducing stock-related losses as well as errors during transactions. Furthermore, growing emphasis on tracking shipments throughout their entire supply chain life cycle using a single identifier provides an opportunity for image-based barcode readers used along with other technologies such as RFID and GPS allows companies¢â‚¬â„¢ logistics teams perform their jobs more efficiently while improving customer service quality. These factors are anticipated to boost product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to various factors such as early adoption of technology, presence of well-established manufacturers and distributors, and high demand for efficient supply chain management. Moreover, growing retail industry coupled with increasing government initiatives to implement advanced technologies is expected to drive regional market growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising industrialization along with rapid urbanization in emerging countries such as China and India has led it become a manufacturing hub for several multinational companies across numerous industries thereby driving barcode readers' sales across distribution centers located within these countries.
Growth Factors:
- Increasing demand for image-based barcode readers in the retail sector for inventory management and price checking purposes
- Growing popularity of image-based barcode readers in the healthcare sector for tracking medical supplies and patient records
- Proliferation of mobile devices with camera capabilities, which is fueling the demand for portable image-based barcode readers
- Increased adoption of 2D barcodes, which are easier to scan than traditional 1D barcodes, driving demand for image-based barcode readers
- Rising trend of omni-channel retailing, which is requiring retailers to adopt more sophisticated inventory management systems that rely on image-based barcode scanners
Scope Of The Report
Report Attributes
Report Details
Report Title
Image Based Barcode Reader Market Research Report
By Type
Handheld Barcode Reader, Stationary Barcode Reader
By Application
Retail and Wholesale, Logistics and Warehousing, Industrial Manufacturing, Healthcare, Others
By Companies
Datalogic, Zebra, Honeywell, Cognex, SICK, Newland, NCR, Denso Wave, Code, Omron(Microscan), Keyence, Opticon Sensors, Zebex, Socket Mobile, CipherLAB, Argox (SATO), MINDEO
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Image Based Barcode Reader Market Report Segments:
The global Image Based 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
Retail and Wholesale, Logistics and Warehousing, Industrial Manufacturing, Healthcare, 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
- Zebra
- Honeywell
- Cognex
- SICK
- Newland
- NCR
- Denso Wave
- Code
- Omron(Microscan)
- Keyence
- Opticon Sensors
- Zebex
- Socket Mobile
- CipherLAB
- Argox (SATO)
- MINDEO
Highlights of The Image Based 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:
- Retail and Wholesale
- Logistics and Warehousing
- Industrial Manufacturing
- Healthcare
- 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 Image Based 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.
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- 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?
An image based barcode reader is a device that reads barcodes using images captured by the camera. This type of reader can be used to read codes from products, packaging, and other objects.
Some of the major companies in the image based barcode reader market are Datalogic, Zebra, Honeywell, Cognex, SICK, Newland, NCR, Denso Wave, Code, Omron(Microscan), Keyence, Opticon Sensors, Zebex, Socket Mobile, CipherLAB, Argox (SATO), MINDEO.
The image based barcode reader market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Image Based 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 Image Based Barcode Reader Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Image Based 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 Image Based 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 Image Based Barcode Reader Market Size & Forecast, 2020-2028
4.5.1 Image Based Barcode Reader Market Size and Y-o-Y Growth
4.5.2 Image Based 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 Retail and Wholesale
6.2.2 Logistics and Warehousing
6.2.3 Industrial Manufacturing
6.2.4 Healthcare
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Image Based 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 Image Based 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 Retail and Wholesale
9.10.2 Logistics and Warehousing
9.10.3 Industrial Manufacturing
9.10.4 Healthcare
9.10.5 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 Retail and Wholesale
10.10.2 Logistics and Warehousing
10.10.3 Industrial Manufacturing
10.10.4 Healthcare
10.10.5 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 Retail and Wholesale
11.10.2 Logistics and Warehousing
11.10.3 Industrial Manufacturing
11.10.4 Healthcare
11.10.5 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 Retail and Wholesale
12.10.2 Logistics and Warehousing
12.10.3 Industrial Manufacturing
12.10.4 Healthcare
12.10.5 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 Retail and Wholesale
13.10.2 Logistics and Warehousing
13.10.3 Industrial Manufacturing
13.10.4 Healthcare
13.10.5 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 Image Based Barcode Reader Market: Competitive Dashboard
14.2 Global Image Based Barcode Reader Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Datalogic
14.3.2 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 Omron(Microscan)
14.3.11 Keyence
14.3.12 Opticon Sensors
14.3.13 Zebex
14.3.14 Socket Mobile
14.3.15 CipherLAB
14.3.16 Argox (SATO)
14.3.17 MINDEO
