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2D Barcode Reader Market Size Comprehensive Analysis | Key Players – Honeywell, OCR Canada, Motorola Solutions, Datalogic, Zebra Technologies, Telenor, SATO, Bluebird, Opticon, Denso ADC, NCR

02-18-2019 12:27 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: marketstudyreport.com

/ PR Agency: Market Study Report LLC
Market Study Report, LLC, has compiled an exhaustive research study of the ‘2D Barcode Reader market’, detailing every single market driver and intricately analyzing the business vertical. This ‘2D Barcode Reader market’ study will aid in seeking out new business opportunities and fine-tuning existing marketing strategies through insights regarding SWOT analysis, market valuation, competitive spectrum, regional share, and revenue predictions.

A 2D barcode scanner is a process of interpreting two-dimensional barcodes, which store data in two dimensions, rather than in just a series of black and white bars. 2D barcode reader is also called as Quick Response Code (QR Code) as they enable fast data access. The reader deciphers the encoded URL, which leads the browser to the appropriate information. The commercial use of 2D barcode reader started in 1981. A 2D bar code reader is employed in various industries to access associated information extensively.

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One of the primary reason driving this market increased acceptance of 2D barcodes across various sectors. Another factor driving the demand 2D barcodes is their proficiency to adapt an enormous size of information, unlike 1D barcode scanner. Increased memory at optimum pricing has been a key technological factor, which is an attractive proposition for end users. A key challenge in the market is the insufficiency for capital investment to innovate 2D barcodes. 2D barcode scanners are costlier than their 1D counterparts. Performance, design, and ergonomics are among the top factors of competition among 2D-barcode vendors. Furthermore, price competitiveness offers an additional advantage to barcode scanner vendors.

DPM (Direct Part Marking) is introducing new opportunities for manufacturing more automated solutions and track products through its full life cycle. It can be a potential market for the 2D imager. Also, government regulations and policies may result in the adoption of these devices in industries including healthcare & pharmaceuticals, transportation, and military applications.

Key regions for this market are North America, Europe, Asia-Pacific and MEA and Latin America. North America and Europe are projected to dominate this market over the forecast period with steady growth rates while Asia-Pacific is expected to witness significant growth opportunities during the same period. The adoption rate of barcode technology in India is growing at a healthy growth rate making the industry more attractive day by day.

Some of the key players in the market include Honeywell, OCR Canada, Motorola Solutions, Datalogic, Zebra Technologies, Telenor, SATO, Bluebird, Opticon, Denso ADC, NCR and others. The market is dominated by vendors and will continue the same trend over the forecast period. Continued consolidation is expected with small and medium sized companies focused on niche applications. Image recognition technology which is an alternative technology for 2D barcode reader is at its emerging stage.

The main advantage of the image recognition technology as compared to 2D bar codes is that no special software has to be installed. One of the disadvantages of image recognition is that images cannot be recognized because of their image quality. Especially in low light situations images tends to get blurry and grainy. This market is expected to become highly competitive over the forecast period as the market is driven by new technologies and innovations, resulting out of continuous R&D activities by the key players across the industry. Most of the companies are focusing their R&D activities to find low cost and precise products by incorporating new technologies.

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2D BARCODE READER Market Segment by Top Manufacturers Including:
Honeywell, OCR Canada, Motorola Solutions, Datalogic, Zebra Technologies, Telenor, SATO, Bluebird, Opticon, Denso ADC, NCR.

Scope of the Report:
This report focuses on the 2D BARCODE READER Market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.

2D BARCODE READER Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers:
QR Codes
Data Matrix Code
PDF417codes
Aztech 2D Barcodes

Market Segment by Applications, can be divided into:
Retail
Advertisements
Transportation
Others

There are 15 Chapters to deeply display the global 2D BARCODE READER market.

Chapter 1, to describe 2D BARCODE READER Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of 2D BARCODE READER, with sales, revenue, and price of 2D BARCODE READER, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of 2D BARCODE READER, for each region, from 2013 to 2018;

Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;

Chapter 12, 2D BARCODE READER market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;

Chapter 13, 14 and 15, to describe 2D BARCODE READER sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

For more information on this report, Please visit at:
https://www.marketstudyreport.com/reports/global-2d-barcode-reader-market-insights-forecast-to-2025/?utm_source=openpr.com&utm_medium=ADS

Table of Contents:

1 2D BARCODE READER Market Overview
2 Manufacturers Profiles
3 Global 2D BARCODE READER Market Competition, by Players
4 Global 2D BARCODE READER Market Analysis by Regions
5 North America 2D BARCODE READER Revenue by Countries
6 Europe 2D BARCODE READER Revenue by Countries
7 Asia-Pacific 2D BARCODE READER Revenue by Countries
8 South America 2D BARCODE READER Revenue by Countries
9 Middle East and Africa Revenue 2D BARCODE READER by Countries
10 Global 2D BARCODE READER Market Segment by Type
11 Global 2D BARCODE READER Market Segment by Application
12 Global 2D BARCODE READER Market Size Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source

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