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Barcode Printers Market By Product 2024: Top Companies are Toshiba Tec Corporation, Seiko Epson Corporation, Zebra Technologies, TSC Auto ID Technology Co., Ltd, and Godex International Co. Ltd, Honeywell Scanning & Mobility

10-17-2018 08:05 AM CET | IT, New Media & Software

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Barcode Printers Market, Global Barcode Printers Market Size, Barcode Printers Industry, Barcode Printers Market Trends

Barcode Printers Market, Global Barcode Printers Market Size, Barcode Printers Industry, Barcode Printers Market Trends

The Barcode Printers market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report.

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.

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. A barcode printer is a computer peripheral for printing barcode labels or tags that can be attached to, or printed directly on, physical objects. Barcode printers are commonly used to label cartons before shipment, or to label retail items with UPCs or EANs. The most common barcode printers employ one of two different printing technologies. Direct thermal printers use a printhead to generate heat that causes a chemical reaction in specially designed paper that turns the paper black.

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Ongoing developments in trade globally will drive the barcode printers market growth, as the shipments imported or exported are coded and labelled with barcodes for storing and recording the data regarding the products and goods. 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.

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.

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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.

Key players in the barcode printers market include Seiko Epson Corporation, Toshiba Tec Corporation, Zebra Technologies, TSC Auto ID Technology Co., Ltd, and Godex International Co. Ltd, Honeywell Scanning & Mobility, among others. The industry is competitive in nature and is witnessing rivalry, with players distinguishing their brand based on the product affordability and quality.

Selected Chapters and their sections from the report are listed below:

Chapter 1. Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Definition and forecast parameters
1.1.4.1 Definitions
1.1.4.2 Methodology and forecast parameters
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary

Chapter 2 Executive Summary
2.1 Barcode printers industry 360 degree synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Product trends
2.1.4 Technology trends
2.1.5 Resolution trends
2.1.6 Connectivity trends
2.1.7 Application trends

Chapter 3 Barcode Printers Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Technology landscape
3.5 Regulatory landscape
3.5.1 U.S.
3.5.1.1 ANSI Barcode Requirements
3.5.1.2 Government Paper Specification Standards, Volume No. 12
3.5.1.3 Committee for European Normalization (CEN)
3.5.2 Europe
3.5.2.1 ISO/IEC 15416:2016
3.5.2.2 GS1-128
3.5.3 China
3.5.3.1 The Measures for the Administration of Barcode for Commodity

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