Report Format: PDF
Published Date: Oct-2018 | 190 Pages | Report ID: VSR001198
Global Barcode Printers Market Size is estimated to expand rapidly in coming years, at a CAGR of 14.1 % from 2018 to 2025. In 2017, the global market valuation was USD 11.35 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The Barcode Printers are special printers that can be printed directly on or attached to a physical object for barcode label or tags. They are usually used before delivery for the labeling of retail products and cartons containing universal product codes or EANs before delivery. They are also used to print bar codes for bracelets that are utilized in facilities and activities for private identity.
More use for labeling and selling points in structured retail is anticipated to influence the industry for barcode imprinting over the forecast period. Increased consumption is anticipated to have a good effect on the market growth for barcode wristbands. Moreover, the trend for on-site portable marketing people has boosted the requirement for portable imprints that can wirelessly connect to the company's network and print on-site bills. Increased use of RFID, which provides several benefits over barcodes, should present a barrier to the industry's development. Asian businesses offered products at significantly reduced rates, due to which barcode printer market is expected to witness high growth in the forecast period. Geographically, North America region is expected to be the highest growing region in the global market of barcode printers.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global barcode printers market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global barcode printers market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
By Product Insights: On the basis of product, global barcode printers market has been segmented into mobile, desktop, industrial/tabletop. Among which mobile printers segment witnessed high growth in forecast period. Mobile printers are mainly used for the printing of bills, labels, and passes by marketing forces of organizations, regardless of their location. Desktop printers are used to print labels, bills and wristbands with small to mid-volume volume. High-volume industrial printers, including packaging and request marking, are used.
By Technology Insights: On the basis of technology, global barcode printers market has been segmented into the thermal transfer, direct thermal, laser, impact, ink-Jet. Among which impact printing segment has accounted for the largest share in the global market of barcode printers. Impact printers include spot matrix and drum printers, compared with non-impact printers, which include immediate heat, thermal, camera, and inkjet models. The earliest and cheapest way to generate small to medium-density on-site barcodes by means of multipoint matrix colored rows and spacing is by dot-matrix printing.
By End-Use Insights: On the basis of end-use, the global barcode printers market has been segmented into healthcare, manufacturing, retail, shipping, government. Barcode printers are used in healthcare segment for the issuance of wristbands and tags to support the identification and follow-up of patients, the specimen labeling and surgical procedures, as well as the medical administration of point of care (POC). The barcodes for inventory packaging are used in the manufacturing industry, which allows inventory controls and WIP monitoring. They are used extensively in retail applications such as point of sale, printing on price tags, packaging of products and shelves.
Regional Analysis
The barcode printers market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region North America, due to the increased choice of bar-coders in various applications, is the successful region for market growth. The increasing competition in the industry for bar code printers is increasing with the introduction of products with barcode labels in a retail store and the use of bar-coded private IDs for nurses in clinics.
Rapid industrialization and booming commercial industries are probably contributing to the development of the Asia-Pacific barcode printer market. The Asia Pacific bar code printer market is expected to increase at a high level of CAGR during the forecast period with growing production plants and implementing bar code printers in end-user industries. Europe is anticipated to dominate the global barcode printers market over the projected period. Suppliers have produced and sold low-cost printers, mainly from Europe, leading to a high commoditization in the industry for barcode printers.
Global Barcode Printers Market Size, Share Analysis by Region 2017
Global Barcode Printers Market Study Objective
1. To forecast the market size of barcode printers market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of barcode printers market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of barcode printers market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of barcode printers market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the barcode printers market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Zebra Technologies, Toshiba Tec, Avery Dennison, Honeywell Scanning & Mobility, SATO Holdings Corporation, Oki Electric Industry Co., Ltd., Printek Inc., Printronix, and Dascom are some of the key players in the market of barcode printers.
Global Barcode Printers Market Study Report Offer You!
The global barcode printers market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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