Press release
Global Barcode Printers Market Analysis & Technological Innovation by Leading Key Players- Airtrack, Avery Dennison Corporation, Bixolon Co., Ltd, Brother Industries Ltd., Canon, Inc., Citizen Systems Europe GmbH & More
Barcode Printers
Historical data from 2013 is provided for Barcode Printers Market along with estimates and forecasts to 2024 based on segmentation of Barcode Printers industry by Product, By Technology, By Resolution, By Connectivity, By Application, companies and regions. Previous years’ data offers fact based information on trends and growth graph while the forecasts aim to show an outlook of Barcode Printers market for the next few years keeping in mind the advancements happening in the sector.
Notable Barcode Printers market players comprise Airtrack, Avery Dennison Corporation, Bixolon Co., Ltd, Brother Industries Ltd., Canon, Inc., Citizen Systems Europe GmbH, Cognitive TPG LLC, Dascom (Holdings) Limited, Godex International Co., Ltd., Honeywell International, Inc., Kroy LLC, Labeltac, Linx Printing Technologies Ltd (Linx), Oki Electric Industry Co., Ltd., Postek Electronics Co., Ltd., Primera Technology, Inc., Printek L.L.C, Printronix, LLC, Sato Holdings Corporation, Seiko Epson Corporation, Star Micronics Co., Ltd., Tharo Systems, Inc., Toshiba Corporation, TSC Auto ID Technology Co., Ltd, Wasp Barcode Technologies, Zebra Technologies Corporation.
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Barcode Printers Market is anticipated to exceed USD 3 billion by 2024 with the industry growth pegged at a CAGR of over 5% from 2018 to 2024. Growing demand for barcode wristbands in the healthcare industry for patient identification will positively impact the barcode printers market growth. Several hospitals are mandating a policy which requires patients to wear a barcode identification bracelet during the duration of their stay which allow hospital staff to provide accurate and speedy data entry and are helping reduce medical errors, thereby allowing time to enhance efficiency instead of physically entering the data.
Thermal based printers constituted of more than 65% of the overall barcode printers market share owing to the features such as low noise, high speed, reliability, and ease of cleaning. The direct thermal technology will witness significant growth over the coming years due to low operational costs, and improved durability. Direct thermal printers are ideal for applications such as printing receipts and shipping labels and can develop barcode images on the material without a ribbon, making it eco-friendlier.
Asia Pacific will grow at a high growth owing to rise in investments from the government and growth in urbanization which has led to growing healthcare expenditure and enhancing the healthcare infrastructure. In addition, technological revolution, intensifying government legislations and rising focus on the patient safety, has augmented the usage of barcode printing technology which will boost the barcode printers market growth in the region.
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Mobile printers are anticipated to witness high growth over the forecast timespan owing to their ease of usage in several field-based applications. Mobile barcode printers are being used increasingly by retail businesses to issue authentic receipts and invoices regardless of the place and time. Moreover, the mobile printers are being to print barcodes for identification of individuals in major events and for patients in hospitals which has augmented the revenue for the barcode printers market.
The technology is being increasingly adopted in the retail sector where it has become the standard for storing and labeling the data about the products as the information allows the staff to provide smooth service to the customers. The growth in the retail industry is due to the rise in the consumer disposable income which has provided a boost to the e-commerce industry and has positively driven the barcode printers market growth.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Barcode Printers Market Industry Insights
Chapter 4. Barcode Printers Market, By Product
Chapter 5. Barcode Printers Market, By Technology
Chapter 6 Barcode Printers Market, By Resolution
Chapter 7 Barcode Printers Market, By Connectivity
Chapter 8 Barcode Printers Market, By Application
Chapter 9. Barcode Printers Market, By Region
Chapter 10. Company Profiles
For More Details on this Report At: https://www.marketstudyreport.com/reports/barcode-printers-market
Related Report:
2018-2023 Global RFID Printer Consumption Market Report
This report studies the RFID Printer market, the RFID Printer is a printing device used to write data to a RFID tag and also print any graphics, barcodes and text onto the label as well. The RFID Printer consumption volume was 177.61 K Units in 2016 and is expected to reach 196.62 K Units in 2017 and 329.22 K Units in 2022, growing at a CAGR of 10.86% from 2017 to 2022. Europe`s sales volume accounted for the highest market share (34.64%) in 2016, followed by the North America. At present, the manufactures of RFID Printer are concentrated in North America, Europe, China and Japan. North America is the largest production area in the world, which occupied about 42.78% in 2016. The following areas are Japan and North America. The global leading players in this market are Zebra, Honeywell, SATO, Toshiba Tec, Printronix, Avery Dennison and Postek.
https://www.marketstudyreport.com/reports/2018-2023-global-rfid-printer-consumption-market-report/?utm_source=OPR-PSR
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