Market Overview:
The global stationary optical readers 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 data collection and reading systems in various industrial and commercial applications. In addition, the growing trend of Industry 4.0 is also expected to fuel the demand for stationary optical readers in the coming years. Based on type, the global stationary optical readers market can be segmented into up to 40 codes/sec and below, 40-80 codes/sec, up to 100 codes/sec and above segments. The up-to-40 code/sec and below segment is projected to account for a major share of the global stationary optical readers market during the forecast period owing to its low cost and easy installation as compared with other types of Readers available in the market. However, with technological advancements taking place at a rapid pace, it is anticipated that higher speed Readers such as those that can read 100 or more codes per second will witness significant growth duringthe forecast period.
Product Definition:
Stationary Optical Readers are used to read barcodes on product packaging. They may be handheld or desktop models. Stationary optical readers are important because they automate the process of reading barcodes, which speeds up the checkout process and helps ensure accuracy.
Up to 40 Codes/sec and Below:
The global Up to 40 Codes/sec andBelow, it's usage and growth factor in Stationary Optical Readers market size was valued at USD 1.6 billion in 2018. It is expected to expand at a CAGR of XX% over the forecast period. Rising demand for high-speed checkout systems coupled with increasing penetration of self-checkout machines across retail outlets is anticipated to drive the growth of this market during the forecast period from 2019 to 2030.
40-80 Codes/sec:
40-80 codes/sec is the range of data transfer rates for stationary optical readers. It is used to measure the performance of an optical reader in terms of throughput or data transfer rate. The higher the 40-80 codes/sec,the faster and efficient a reader can read out information from a card or media.
Application Insights:
The retail and wholesale application segment accounted for the largest share of over 40.0% in 2017. The growth can be attributed to the increasing adoption of barcode readers at checkout counters across supermarkets, hypermarkets, shopping malls and e-commerce platforms worldwide to speed up check out process. Optical scanners are used at various points of distribution channels such as warehouse storage facilities, manufacturing facilities and sales offices to automate processes such as inventory control or data entry into a database.
Stationary optical readers with high read rate capability are widely adopted by logistics & warehousing companies owing to their ability to reduce manual handling errors while handling huge volumes of shipments in a short period time during processing or classification activities at distribution centers.
Regional Analysis:
North America dominated the global stationary optical readers market in 2017. The growth can be attributed to various factors such as increasing government initiatives for implementation of high-speed data networks, presence of major players in the region, and technological advancements.
Asia Pacific regional market captured a revenue share of over 15% in 2017 owing to growing infrastructure expenditure coupled with rising adoption of digital services across numerous industries thereby driving demand for fast & efficient code reading solutions within warehouses.
Growth Factors:
- Increasing demand for stationary optical readers from the retail sector for inventory management and price checking purposes.
- Proliferation of self-checkout counters in retail stores, which is expected to increase the demand for stationary optical readers in the near future.
- Growing demand for stationary optical readers from educational institutions for use in reading textbooks and other course material.
- Increasing adoption of stationary optical readers by small businesses and home office users to manage their paperwork and accounts efficiently.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stationary Optical Readers Market Research Report
By Type
Up to 40 Codes/sec and Below, 40-80 Codes/sec, Up to 100 Codes/sec and Above
By Application
Retail and Wholesale, Logistics and Warehousing, Industrial Manufacturing, Healthcare, Others
By Companies
Datalogic, Zebra Technologies, Honeywell, Siemens, Cognex, SICK, Newland, NCR, Denso Wave, Pepperl-fuchs, BarcodesInc, Motorola, Zebex, CipherLAB, Argox (SATO)
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Stationary Optical Readers Market Report Segments:
The global Stationary Optical Readers market is segmented on the basis of:
Types
Up to 40 Codes/sec and Below, 40-80 Codes/sec, Up to 100 Codes/sec and Above
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 Technologies
- Honeywell
- Siemens
- Cognex
- SICK
- Newland
- NCR
- Denso Wave
- Pepperl-fuchs
- BarcodesInc
- Motorola
- Zebex
- CipherLAB
- Argox (SATO)
Highlights of The Stationary Optical Readers 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:
- Up to 40 Codes/sec and Below
- 40-80 Codes/sec
- Up to 100 Codes/sec and Above
- 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 Stationary Optical Readers 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?
Stationary optical readers are devices that allow people to read books, newspapers, or other printed materials by scanning the text with a laser.
Some of the major companies in the stationary optical readers market are Datalogic, Zebra Technologies, Honeywell, Siemens, Cognex, SICK, Newland, NCR, Denso Wave, Pepperl-fuchs, BarcodesInc, Motorola, Zebex, CipherLAB, Argox (SATO).
The stationary optical readers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stationary Optical Readers 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 Optical Readers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stationary Optical Readers 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 Optical Readers 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 Optical Readers Market Size & Forecast, 2018-2028
4.5.1 Stationary Optical Readers Market Size and Y-o-Y Growth
4.5.2 Stationary Optical Readers Market Absolute $ Opportunity
Chapter 5 Global Stationary Optical Readers 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 Stationary Optical Readers Market Size Forecast by Type
5.2.1 Up to 40 Codes/sec and Below
5.2.2 40-80 Codes/sec
5.2.3 Up to 100 Codes/sec and Above
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Stationary Optical Readers 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 Stationary Optical Readers 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 Stationary Optical Readers 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 Optical Readers 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 Stationary Optical Readers Analysis and Forecast
9.1 Introduction
9.2 North America Stationary Optical Readers 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 Stationary Optical Readers Market Size Forecast by Type
9.6.1 Up to 40 Codes/sec and Below
9.6.2 40-80 Codes/sec
9.6.3 Up to 100 Codes/sec and Above
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 Stationary Optical Readers 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 Stationary Optical Readers Analysis and Forecast
10.1 Introduction
10.2 Europe Stationary Optical Readers 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 Stationary Optical Readers Market Size Forecast by Type
10.6.1 Up to 40 Codes/sec and Below
10.6.2 40-80 Codes/sec
10.6.3 Up to 100 Codes/sec and Above
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 Stationary Optical Readers 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 Stationary Optical Readers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Stationary Optical Readers 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 Stationary Optical Readers Market Size Forecast by Type
11.6.1 Up to 40 Codes/sec and Below
11.6.2 40-80 Codes/sec
11.6.3 Up to 100 Codes/sec and Above
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 Stationary Optical Readers 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 Stationary Optical Readers Analysis and Forecast
12.1 Introduction
12.2 Latin America Stationary Optical Readers 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 Stationary Optical Readers Market Size Forecast by Type
12.6.1 Up to 40 Codes/sec and Below
12.6.2 40-80 Codes/sec
12.6.3 Up to 100 Codes/sec and Above
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 Stationary Optical Readers 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) Stationary Optical Readers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Stationary Optical Readers 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) Stationary Optical Readers Market Size Forecast by Type
13.6.1 Up to 40 Codes/sec and Below
13.6.2 40-80 Codes/sec
13.6.3 Up to 100 Codes/sec and Above
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) Stationary Optical Readers 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 Stationary Optical Readers Market: Competitive Dashboard
14.2 Global Stationary Optical Readers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Datalogic
14.3.2 Zebra Technologies
14.3.3 Honeywell
14.3.4 Siemens
14.3.5 Cognex
14.3.6 SICK
14.3.7 Newland
14.3.8 NCR
14.3.9 Denso Wave
14.3.10 Pepperl-fuchs
14.3.11 BarcodesInc
14.3.12 Motorola
14.3.13 Zebex
14.3.14 CipherLAB
14.3.15 Argox (SATO)
