According to a new report by IMARC Group. the global barcode scanner market grew at a CAGR of around 4% during 2014-2019. Looking forward, the market is expected to continue its moderate growth during the next five years.
A barcode scanner, also known as a point-of-sale scanner or a barcode reader, refers to a handheld device used to read and record the information contained in a barcode. It consists of a lens, light source and light sensor for capturing and decoding barcodes. Some commonly used barcode scanners include camera-based scanners, laser scanners, pen wands and charge-coupled device (CCD) scanners. They find extensive applications in warehouse management as they provide a real-time overview of products stored in a warehouse.
Market Trends:
The growing adoption of barcode scanners by retailers across the globe for a hassle-free recording of supplies and commodities represents the primary factor driving the market. Barcode scanners assist in recording information, such as date of manufacturing, product count, selling price and date of supply to the retailer, printed on the product packaging in the form of a barcode. Additionally, the rising popularity of these scanners across the healthcare sector for managing the medical records of patients has bolstered the market growth. Furthermore, the demand for barcode scanners has escalated as they help improve the accuracy of the recorded data by minimizing human error in recording and managing information online. Besides this, the introduction of two-dimensional (2D) barcodes, such as data matrix and quick response (QR) code, further increases the product applications across various sectors.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Barcode Scanner Market 2020-2025 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of the key players being 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.
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Insights on Market Segmentation:
Market Segmentation by Product:
Handheld Barcode Scanner
Stationary Barcode Scanner
Market Segmentation by Type:
Wired Barcode Scanner
Wireless Barcode Scanner
Market Segmentation by Scanner Type:
Rugged Barcode Scanner
Non-Rugged Barcode Scanner
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/barcode-scanner-market
The report has segmented the market on the basis of Technology, Component, End Use and Region.
Market Segmentation by Technology:
Camera Based Reader
Charge Coupled Device Reader
Laser Scanner
Omni Directional Barcode Scanners
Pen Type Reader
RFID Reader
Smart Phone Based Scanner
Others
Market Segmentation by Component:
Solutions
Services
Market Segmentation by End-Use Sector:
Retail and Commercial
General Manufacturing
Healthcare
Logistics and Warehousing
Commercial Aviation
Defense
Others
Market Segmentation by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
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