Market Overview:
The global stationary industrial code reader market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automated systems in warehouses and logistics applications, and the growing adoption of QR code scanning technology in manufacturing applications. North America is expected to lead the global stationary industrial code reader market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A stationary industrial code reader is a device that reads barcodes and other machine-readable codes. These devices are used in factories and other industrial settings to track inventory, production processes, and other data.
Barcode Scanning:
Barcode scanning is a technique where the computerized readout of a machine or product is used to check for the presence and condition of an attached barcode. The technology has been around for many years, but it has recently gained popularity due to its use in inventory control systems, price-tag scanners at checkout counters in retail stores and mobile payment applications. It also helps retailers keep track of products by tracking their serial numbers.
QR Code Scanning:
QR code scanning is a technique where the barcode or matrix codes are read by the device and then processed by the software to extract information. The extracted information can be used in various applications such as inventory control, product labeling, and data verification. QR code scanners are portable devices that help in quick identification of products/codes and extracting useful information from them.
Application Insights:
The warehousing and logistics application segment accounted for the largest revenue share in 2017. The growth is attributed to the increasing use of stationary industrial code readers to check-in packages at airports, which has resulted in an increased need for warehouse automation. Furthermore, rising demand for e-commerce warehouses owing to rapid product cycle and shifting consumer preference towards online shopping will drive industry expansion over the forecast period.
The manufacturing segment is expected register a significant CAGR during the study period owing to technological advancements that have led to reduced production costs along with improved quality standards across various industries such as pharmaceuticals, food and beverages, chemicals among others. Moreover, growing investments by foreign players in China are likely to bode well for market expansion over the forecast period as Chinese government has implemented several initiatives aimed at encouraging foreign direct investment (FDI).
Regional Analysis:
Asia Pacific dominated the global stationary industrial code reader market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing manufacturing activities and technological advancements in developing countries such as China, India, and Japan. Moreover, rising demand for automation across various industries is anticipated to drive industry growth over the next eight years.
The European market held a significant share of global revenue in 2017 owing to high adoption of barcode technology across numerous industries such as food & beverage, pharmaceuticals & healthcare, transportation & logistics among others.
North America also accounted for a significant share owing to early adoption by U S retail companies such as Walmart.
Growth Factors:
- Increasing demand for industrial automation and growing awareness about the benefits of using code readers in industrial applications are the key growth drivers for the stationary industrial code reader market.
- The increasing demand from end-use industries, such as automotive, aerospace & defense, and manufacturing is also propelling the growth of this market.
- The growing trend of miniaturization and portability is resulting in the development of smaller and more portable code readers, which is further aiding in market growth.
- The increasing adoption of barcode technology across various industries is also fueling demand for code readers, thereby driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stationary Industrial Code Reader Market Research Report
By Type
Barcode Scanning, QR Code Scanning
By Application
Warehousing and Logistics, Manufacturing
By Companies
Cognex, Keyence, Datalogic, Fujian Newland Auto-ID, Hikrobot, Omron, Baumer Holding AG, Zebra Technologies, Zhejiang Huaray Technology Co., Ltd., Honeywell
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
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Stationary Industrial Code Reader Market Report Segments:
The global Stationary Industrial Code Reader market is segmented on the basis of:
Types
Barcode Scanning, QR Code Scanning
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
Warehousing and Logistics, Manufacturing
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:
- Cognex
- Keyence
- Datalogic
- Fujian Newland Auto-ID
- Hikrobot
- Omron
- Baumer Holding AG
- Zebra Technologies
- Zhejiang Huaray Technology Co., Ltd.
- Honeywell
Highlights of The Stationary Industrial Code 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:
- Barcode Scanning
- QR Code Scanning
- By Application:
- Warehousing and Logistics
- Manufacturing
- 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 Stationary Industrial Code 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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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?
Stationary Industrial Code Reader is a software application that can be used to read industrial codes.
Some of the major companies in the stationary industrial code reader market are Cognex, Keyence, Datalogic, Fujian Newland Auto-ID, Hikrobot, Omron, Baumer Holding AG, Zebra Technologies, Zhejiang Huaray Technology Co., Ltd., Honeywell.
The stationary industrial code reader 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 Stationary Industrial Code 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 Stationary Industrial Code Reader Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Stationary Industrial Code 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 Stationary Industrial Code 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 Stationary Industrial Code Reader Market Size & Forecast, 2020-2028 4.5.1 Stationary Industrial Code Reader Market Size and Y-o-Y Growth 4.5.2 Stationary Industrial Code 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 Barcode Scanning
5.2.2 QR Code Scanning
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 Warehousing and Logistics
6.2.2 Manufacturing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stationary Industrial Code 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 Stationary Industrial Code 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 Barcode Scanning
9.6.2 QR Code Scanning
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 Warehousing and Logistics
9.10.2 Manufacturing
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 Barcode Scanning
10.6.2 QR Code Scanning
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 Warehousing and Logistics
10.10.2 Manufacturing
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 Barcode Scanning
11.6.2 QR Code Scanning
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 Warehousing and Logistics
11.10.2 Manufacturing
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 Barcode Scanning
12.6.2 QR Code Scanning
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 Warehousing and Logistics
12.10.2 Manufacturing
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 Barcode Scanning
13.6.2 QR Code Scanning
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 Warehousing and Logistics
13.10.2 Manufacturing
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 Stationary Industrial Code Reader Market: Competitive Dashboard
14.2 Global Stationary Industrial Code Reader Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cognex
14.3.2 Keyence
14.3.3 Datalogic
14.3.4 Fujian Newland Auto-ID
14.3.5 Hikrobot
14.3.6 Omron
14.3.7 Baumer Holding AG
14.3.8 Zebra Technologies
14.3.9 Zhejiang Huaray Technology Co., Ltd.
14.3.10 Honeywell