United States Logistics Barcode Scanner Market was valued at USD 1.10 Billion in 2022 and is projected to reach USD 1.95 Billion by 2030, growing at a CAGR of 7.25% from 2024 to 2030.
The US logistics barcode scanner market has experienced significant growth, driven by the increasing adoption of automation and technological advancements. In 2023, the global market was valued at approximately $2.5 billion and is projected to reach around $4.7 billion by 2032, with a compound annual growth rate (CAGR) of 7.1%. citeturn0search2 This growth is largely attributed to the rising demand for efficient supply chain management solutions and the expansion of e-commerce activities.
The surge in e-commerce has necessitated robust logistics systems capable of handling large volumes of goods daily. Barcode scanners play a critical role in streamlining operations, tracking inventory, and ensuring timely deliveries. Companies like Zebra Technologies have reported stable demand for their products, particularly portable devices used across various industries, including retail, warehouses, healthcare, and manufacturing. In 2024, Zebra forecasted a higher-than-expected profit for the fourth quarter, attributing this to stable demand and successful cost-cutting measures. citeturn0news22
Technological advancements have further propelled the market. The development of sophisticated barcode scanners offering high-speed scanning, the ability to read damaged or poorly printed barcodes, and wireless connectivity has made these devices indispensable in modern logistics operations. For instance, the integration of Artificial Intelligence (AI) and Industry 4.0 principles is reshaping the market, enabling real-time data capture and analytics, which enhance operational efficiency and reduce human error. citeturn0search3
Despite these advancements, the market faces challenges. The high cost of industrial barcode scanners remains a significant barrier to widespread adoption across industries. An industrial barcode scanner can cost over $600, while a general-purpose one is typically priced around $200. This price difference poses a challenge for businesses looking to implement industrial barcode scanning systems. citeturn0search4 Additionally, environmental factors such as extreme temperatures, humidity, and physical wear can affect barcode readability, necessitating the use of durable materials and protective coatings. citeturn0search0
The need for real-time data capture and analytics in logistics is boosting the demand for barcode scanners. Companies are increasingly recognizing the importance of real-time visibility into their supply chain operations to make informed decisions and improve overall efficiency. Barcode scanners facilitate the seamless capture and integration of data into logistics management software, enabling businesses to monitor and manage their operations more effectively. citeturn0search2
From a regional perspective, North America holds a significant share of the global logistics barcode scanner market, driven by the presence of major e-commerce players and advanced logistics infrastructure. Europe and Asia Pacific are also expected to experience substantial growth, with the latter witnessing the fastest growth rate due to the rapid expansion of e-commerce and manufacturing sectors in countries like China and India. citeturn0search2
In conclusion, the US logistics barcode scanner market is poised for continued growth, driven by technological advancements and the increasing need for efficient supply chain management solutions. However, addressing challenges such as high costs and environmental factors will be crucial for sustained expansion in this sector.
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KEYENCE
Argox
Cognex
Datalogic
Denso Wave
Honeywell
Newland
Omron
SICK
Socket Mobile
Toshiba
Zebra
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Logistics Barcode Scanner Market
Handheld Scanners
Stationary Scanners
Mobile Scanners
Wearable Scanners
Fixed Mount Scanners
Laser Scanners
Imaging Scanners
CCD Scanners
2D Barcode Scanners
3D Barcode Scanners
Inventory Management
Shipping and Receiving
Order Fulfillment
Retail Operations
Healthcare Applications
Wired Barcode Scanners
Wireless Barcode Scanners
Bluetooth Barcode Scanners
Wi-Fi Enabled Scanners
USB Scanners
Retail
Manufacturing
Logistics and Transportation
Healthcare
Food and Beverage
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Logistics Barcode Scanner Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Logistics Barcode Scanner Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Logistics Barcode Scanner Market, By Type
6. US Logistics Barcode Scanner Market, By Application
7. US Logistics Barcode Scanner Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Logistics Barcode Scanner Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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