The global demand for Barcode Scanner Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
A barcode scanner, price scanner, or point-of-sale (POS) scanner is a device that captures and reads the barcode information. A typical barcode scanner consists of a light source, a lens, and a light sensor. It functions by directing a beam of light across the barcode, measuring the amount of light reflected, and then transmitting the light energy into electrical energy, which is then converted into data by the decoder and conveyed to a computer. A barcode scanner is employed for material management in the wholesale and retail trade, warehouse management, the capital goods industries, and many other sectors.
The global barcode scanner market is projected to grow with the rising digitalization of public distribution systems and increased e-retailers. Barcode scanner is small and handy, easy to use, and indispensable for the daily function of some businesses. Barcode scanners are increasingly being adopted across various industries as an automatic identification system to reduce human errors and gain benefits, such as reduced downtime, incorrect deliveries, and robust control on tracking assets and quality information. Expanding supermarkets, hypermarkets, and convenience stores and increasing products in the market printed with barcode triggers call for barcode scanners. However, low penetration of automatic identification systems in rural and semi-urban areas hinders market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of barcode scanner. The growth and trends of barcode scanner industry provide a holistic approach to this study.
This section of the barcode scanner market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Portable or Handheld
- Fixed Position
- Retail & Commercial
- General Manufacturing
- Logistics & Warehouse
- Commercial Aviation
- Pen Type Reader
- Laser Scanner
- CCD (Charge Coupled Device) Readers
- Camera Based Reader
- Omni Directional Barcode Scanner
- Smartphone Based Scanner
- RFID (Radio Frequency Identification Technology)
This section covers the regional outlook, which accentuates current and future demand for the Barcode Scanner market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Barcode Scanner Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the barcode scanner market include Bluebird Corporation, Cognex Corporation, Datalogic S.p.A (Hydra S.p.A), DENSO Corporation, Honeywell International Inc., JC Square (GMO Hosting & Security Inc.), SATO Holdings Corporation, Scandit AG, Toshiba TEC Corporation, Zebra Technologies Corporation, etc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.