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Barcode Readers Market in Good Shape in 2019; COVID-19 to Affect Future Growth Trajectory

Barcode Readers Market: Introduction

The global barcode readers market is projected to reach value of US$ 10.1 Bn by 2030. The barcode readers market is projected to expand at a CAGR of ~4% from 2020 to 2030. The expansion of the barcode readers market can be attributed to growing usage of barcode readers across the healthcare sector, and increasing demand for handheld barcode readers. North America is anticipated to lead the global barcode readers market in terms of revenue, followed by Europe, during the forecast period.

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Growing e-Commerce an Opportunity for Market

Growth in the e-Commerce sector and rapid distribution of goods in order to gain competitive benefits have led to huge demand for barcode readers/scanners. This, in turn, provides significant opportunities for key vendors in the barcode readers market to develop digital solutions to enhance traditional processes.

  • For instance, in December 2019, Datalogic S.p.A launched its new 2D image-based barcode reader “AV500,” specifically for end users such as retail and healthcare. The technology integrates image processing and vision systems that enable shoppers to easily and quickly execute transactions. It has been especially designed for retail & e-Commerce, airport baggage handling, and postal/parcel sortation.

Additionally, as a substitute to in-house fulfillment, a large number of retail enterprises has shifted to 3PLs from internet order processing to handle these online requirements. This is expected to propel the usage of barcode readers in the logistics industry, as real time tracking and tracing is expected to become the new normal.

Barcode Readers: Market Segmentation

The global barcode readers market has been segmented based on form factor, type, end user, and region. In terms of form factor, the barcode readers market has been segmented into fixed barcode readers and handheld barcode readers. In terms of type, the market is split into wired barcode readers and wireless barcode readers. The end user segment of the barcode readers market is divided into retail & e-Commerce, transportation & logistics, warehouse, courier & postal services, manufacturing, healthcare, and others (aviation, port, etc.).

Barcode Readers Market: Regional Outlook

In terms of region, the global barcode readers market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America dominates the global barcode readers market and accounted for 38.9% share at the end of 2019. It is likely to maintain its dominance during the forecast period. The barcode readers market in North America is estimated to expand at a growth rate (CAGR) of 4% during the forecast period.

The barcode readers market in Asia Pacific is projected to expand at the fastest CAGR of 4.7% during the forecast period, due to increasing demand for 2D wireless barcode scanners for asset tracking. The barcode readers market in Europe and South America is expected to expand moderately during the forecast period.

The report provides in-depth segment analysis of the global barcode readers market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which offers considerable opportunities or account for significant share has also been included as part of geographic analysis of the barcode readers market.

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Barcode Readers Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global barcode readers market. Key players profiled in the report include Zebra Technologies, Datalogic  S.p.A, Honeywell International, SATO Europe GmbH, Cognex Corporation, Advantech Co., Ltd., Alien Technology, Bluebird Inc., Cipherlab Co., Ltd, and others.

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Global Barcode Readers Market 2020 Industry Demand, Share, Global Trend, Top Key Players Update, Business Statistics And Research Methodology By Forecast To 2027

A comprehensive report titled ‘Global Barcode Readers Market’ was recently added by Reports and Data provides radical insights into the operations of the Barcode Readers industry to provide guidance to the established companies as well as new entrants. The report put a special emphasis on the leading players of the market along with a detailed analysis of the product portfolios, production capacities, and business expansion strategies.

The report provides extensive coverage of the impact of the COVID-19 pandemic on the market with a detailed analysis of changing market dynamics and demands and trends patterns. The pandemic has disrupted the flow of the market and has changed the economic scenario on a global scale. The report covers the current and future impact of the pandemic on the key segments and overall growth of the market. Additionally, according to the report, the market is expected to recover at a significant rate in a post-COVID-19 scenario.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/82

The report on Global Barcode Readers Market is an extensive study that provides crucial insights into the market with respect to recent developments, product advancements, business expansions, and other key aspects of the market. Moreover, it covers a comprehensive analysis of the drivers, restraints, market opportunities and growth prospects, limitations, and threats faced by the companies in the market. The report covers a detailed analysis of the key players operating in the market with their business and market strategies.

The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:

  • Honeywell
  • Datalogic
  • Symbol Solutions (Motorola)
  • Newland
  • Cognex
  • Opticon Sensors
  • Denso Wave
  • Microscan
  • Bluebird
  • Zebex
  • CipherLAB

Additionally, the report analyzes several factors, such as productivity and manufacturing, product types, and applications in the key geographical regions of the world. The various global regions investigated in this report are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. To gain a better understanding of the scope of the industry, competitive landscape and different progressive aspects are studied extensively in the report.

Furthermore, the report includes complete coverage of recent R&D advancements, product launches, mergers and acquisitions, online and offline activities, and other strategic initiatives undertaken by the key companies. The statistical data is further organized into tables, charts, graphs, diagrams, and infographics.

Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/82

By Type (Revenue in USD Million; Volume in Tons, 2017–2027)
Optical Imager Barcode Scanners
Laser Barcode Scanners

By End-user Industries (Revenue in USD Million; Volume in Tons, 2017–2027)
Retail
Transportation and Logistics
Manufacturing and Industry
Healthcare
Others

Key offerings of the report:

  • The report offers a comprehensive analysis of the changing competitive dynamics
  • Provides a futuristic outlook on the key market drivers and restraining factors
  • A comprehensive 8-year forecast of the market and its expected growth rate and pattern
  • In-depth analysis of the key product segments and application spectrum
  • Provides strategic recommendations to the established companies and new entrants to provide a competitive advantage over the other companies
  • Comprehensive analysis of the key regions of the industry and provides a SWOT analysis and Porter’s Five Forces analysis to impart a deeper understanding of the market
  • Helps in formulating strategic business decisions and investments plans

To read more about the report, visit @ https://www.reportsanddata.com/report-detail/global-north-america-europe-and-asia-pacific-south-america-middle-east-and-africa-barcode-readers-market-2017-forecast-to-2022

Thank you for reading our report. To know more about customization options, please get in touch with us and our team will ensure the report is customized to meet your requirements.

About Us:

Our in-house experts assist our clients with advice based on their proficiency in the market that helps them in creating a compendious database for the clients. Our team offers expert insights to clients to guide them through their business ventures. We put in rigorous efforts to keep our clientele satisfied and focus on fulfilling their demands to make sure that the end-product is what they desire. We excel in diverse fields of the market and with our services extending to competitive analysis, research and development analysis, and demand estimation among others, we can help you invest your funds in the most beneficial areas for research and development. You can rely on us to provide every significant detail you might need in your efforts to make your business flourish.

Contact Us:

John Watson

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: [email protected]

Categories
All News News

Global Barcode Readers Market 2020 Industry Demand, Share, Global Trend, Top Key Players Update, Business Statistics And Research Methodology By Forecast To 2027

A comprehensive report titled ‘Global Barcode Readers Market’ was recently added by Reports and Data provides radical insights into the operations of the Barcode Readers industry to provide guidance to the established companies as well as new entrants. The report put a special emphasis on the leading players of the market along with a detailed analysis of the product portfolios, production capacities, and business expansion strategies.

The report provides extensive coverage of the impact of the COVID-19 pandemic on the market with a detailed analysis of changing market dynamics and demands and trends patterns. The pandemic has disrupted the flow of the market and has changed the economic scenario on a global scale. The report covers the current and future impact of the pandemic on the key segments and overall growth of the market. Additionally, according to the report, the market is expected to recover at a significant rate in a post-COVID-19 scenario.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/82

The report on Global Barcode Readers Market is an extensive study that provides crucial insights into the market with respect to recent developments, product advancements, business expansions, and other key aspects of the market. Moreover, it covers a comprehensive analysis of the drivers, restraints, market opportunities and growth prospects, limitations, and threats faced by the companies in the market. The report covers a detailed analysis of the key players operating in the market with their business and market strategies.

The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:

  • Honeywell
  • Datalogic
  • Symbol Solutions (Motorola)
  • Newland
  • Cognex
  • Opticon Sensors
  • Denso Wave
  • Microscan
  • Bluebird
  • Zebex
  • CipherLAB
  • Others

Additionally, the report analyzes several factors, such as productivity and manufacturing, product types, and applications in the key geographical regions of the world. The various global regions investigated in this report are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. To gain a better understanding of the scope of the industry, competitive landscape and different progressive aspects are studied extensively in the report.

Furthermore, the report includes complete coverage of recent R&D advancements, product launches, mergers and acquisitions, online and offline activities, and other strategic initiatives undertaken by the key companies. The statistical data is further organized into tables, charts, graphs, diagrams, and infographics.

Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/82

In market segmentation by types of Barcode Readers, the report covers-

  • Optical Imager Barcode Scanners
  • Laser Barcode Scanners

In market segmentation by applications of the Barcode Readers, the report covers the following uses-

  • Retail
  • Transportation and Logistics
  • Manufacturing and Industry
  • Healthcare
  • Others

Key offerings of the report:

  • The report offers a comprehensive analysis of the changing competitive dynamics
  • Provides a futuristic outlook on the key market drivers and restraining factors
  • A comprehensive 8-year forecast of the market and its expected growth rate and pattern
  • In-depth analysis of the key product segments and application spectrum
  • Provides strategic recommendations to the established companies and new entrants to provide a competitive advantage over the other companies
  • Comprehensive analysis of the key regions of the industry and provides a SWOT analysis and Porter’s Five Forces analysis to impart a deeper understanding of the market
  • Helps in formulating strategic business decisions and investments plans

To read more about the report, visit @ https://www.reportsanddata.com/report-detail/global-north-america-europe-and-asia-pacific-south-america-middle-east-and-africa-barcode-readers-market-2017-forecast-to-2022

Thank you for reading our report. To know more about customization options, please get in touch with us and our team will ensure the report is customized to meet your requirements.

About Us:

Our in-house experts assist our clients with advice based on their proficiency in the market that helps them in creating a compendious database for the clients. Our team offers expert insights to clients to guide them through their business ventures. We put in rigorous efforts to keep our clientele satisfied and focus on fulfilling their demands to make sure that the end-product is what they desire. We excel in diverse fields of the market and with our services extending to competitive analysis, research and development analysis, and demand estimation among others, we can help you invest your funds in the most beneficial areas for research and development. You can rely on us to provide every significant detail you might need in your efforts to make your business flourish.

Contact Us:

John Watson

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: [email protected]