Barcode Printers Market Information and Industry Trends and Top Key Players: Bixolon Global, Citizen Systems Europe Gmbh, KROY Inc, Oki Electric Industry Co., Ltd., Sato Holdings Corp, Star Micronics, Toshiba, Wasp Barcode Technologies, Zebra Technologies
The increasing demand for barcode wristbands in the healthcare sector for patient identification is anticipated to have a positive impact on the barcode printers market growth. Hospitals across the globe are mandating policies, which require the patients to wear a barcode identification band during their stay in the hospital. Barcode bands allow hospital staffs to provide speedy and accurate data entry, reducing the medical errors. It helps in enhancing the efficiency as compared to the physical entry of data.
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The barcode printers market is highly competitive, witnessing intense competition among the players. Furthermore, the industry is slightly dynamic in nature characterized by innovations and advancements in the product portfolio. Players are making huge investments and spending a significant share of the revenue on the research & development. Prices of products as well as the manufacturing costs are predicted to decline owing to the maturity of products & technologies.
The industry is characterized by the increasing demand for customized product solutions, evolving industry standards, distribution channels, changing security protocols, and frequent introduction of new products & services. To remain competitive in the industry, companies are increasingly focusing on providing superior customer service, high levels of quality & reliability, efficient & dependable distribution networks, and technologically-advanced systems. The barcode printers market provides significant growth opportunities for the component & raw material suppliers, manufacturers, integrators, and distributors in terms of revenue share.
Barcode printers market research report includes in-depth coverage of the industry with estimates & forecast in terms of shipments in units and revenue in USD from 2013 to 2024, for the following segments:
Barcode Printers Market, By Connectivity
Barcode Printers Market, By Application
• Transportation & Logistics
• Entertainment & Hospitality
Barcode Printers Market, By Product
Barcode Printers Market, By Technology
• Thermal Transfer
• Direct Thermal
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Mobile barcode printers market is expected to witness a significant growth at over 9% CAGR over the forecast timeline. It can be attributed to the ease-of-usage offered by these printers in several field-based applications. The mobile barcode printers are gaining popularity across retail & warehousing applications to issue authentic invoices, printing e-citation & mobile receipts regardless of the time and place. They are ideal solutions for printing-on-the-go, creating high-quality receipts & labels in any environment, outdoors, or indoors.
Thermal-based printers comprise more than 65 percent of the overall barcode printers market share. Due to the features, such as high speed, low noise, and ease-of-cleaning and reliability offered, the thermal-based printers are increasingly utilized across several applications. The direct thermal technology is expected to witness growth over the forecast time span owing to the improved durability and low operational costs. These systems are ideal solutions for applications such as shipping labels and printing receipts and can develop barcode images on the material without a ribbon, making it eco-friendly.
Key players in barcode printers market such as Electrolux, Aucma Co., Ltd. , Dacor , Frigidaire Home Products , GE , Robert Bosch Ltd , Samsung Electronics , Whirlpool Corporation , Haier , LG Electronics , Panasonic.
Browse key industry insights spread across 375 pages with 537 market data tables & 40 figures & charts from the report, “Barcode Printers Market - Forecast, 2018 – 2024” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/barcode-printers-market-size
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