Press release
Barcode Printer Market | Industry Insight 2018-2025 Covered players Honeywell Scanning & Mobility, Zebra Technologies (U.S.), Toshiba Tec corporation (Japan), Seiko Epson Corporation, Godex International Co. Ltd, and Avery Dennison.
Barcode represents data which is machine readable and gives information about the physical object to which it is attached. Barcode symbol is in the form of white spaces and black parallel lines, which has width and spacing in between them. There are various types of barcode among which Universal Product Codes (UPC), code128, and code 39 are the most popular types of barcode across the globe. Barcode printer is a computer operated device used to print the barcode labels on physical objects. They have high speed and power, which enhances its quality and provides durability so that it is possible to use it in any environment.Request For Customization of Research Report @ https://www.coherentmarketinsights.com/insight/request-customization/2126
Driving factors for Barcode Printer market
Barcode printer has applications in manufacturing, transportation and logistics, retail, and shipping. These printers have large paper capacities and operate faster as compared to other conventional printer, which has led to increase in demand for barcode printer. In healthcare sector, safety of patients and high quality services is the major focus of many hospitals services for which barcode printer technology provides adequate services. Furthermore, barcode printers are used in blood bank and pharmacy labeling, which is fueling growth of the barcode printer market in hospitals. Furthermore, it reduces medical errors, as it identifies the medications at unit dose level for dispensing.
The adoption of barcode printers in manufacturing operations has witnessed considerable increase to get more assistance to track the products’ progress and to provide assembly as well as warehouse instructions. In manufacturing facilities, especially conveyors, barcodes detect route of the product line on a conveyor to receive the further integrations of components.
Regional Analysis of Barcode Printer Market
North America and Europe contribute the largest market share in barcode printer technology and are matured markets as consumers are aware regarding use of barcode printers for various applications in industries, such as healthcare, transportation, and logistics.
Asia Pacific is expected to witness fastest growth in barcode printer market during the forecast period. Growth in retail, manufacturing, and transportation infrastructure industry in countries such as India, China, and others leads to increasing use of barcode printer. For instance, as per India Brand Equity Foundation manufacturing sector in India was estimated to have witnessed growth of 4.34% between FY 2012 to 2018 and is expected to contribute around US$ 388.01 billion in 2017-18. Another major reason for growth of barcode printer technology in this region is increasing use of advanced technologies in industries.
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Key Players in Barcode Printer Market
Major key players operating in the barcode printer market include Zebra Technologies (U.S.), Toshiba Tec corporation (Japan), Avery Dennison, Honeywell Scanning & Mobility, SATO Holdings Corporation(Japan), Oki Electric Industry Co. Ltd., Printek Inc., Printronix, Dascom printer, Seiko Epson Corporation, Godex International Co. Ltd, and Avery Dennison.
Segmentation of Barcode Printer Market
Barcode printer market is segmented on the basis of product, technology, resolution, connectivity, application, and region.
On the Basis of Product Type
◦ Mobile
◦ Desktop
◦ Industrial/Tabletop
On the Basis of Technology
◦ Thermal Transfer
◦ Direct Thermal
◦ Laser
◦ Impact
◦ Ink-Jet
On the Basis of Resolution
◦ Below 300 dpi
◦ Between 301 & 600 dpi
◦ Above 601 dpi
◦ On the Basis of Connectivity
◦ Wired
◦ Wireless
On the Basis of Application
◦ Manufacturing
◦ Retail
◦ Government
◦ Transportation & Logistics
◦ Entertainment & Hospitality
◦ Healthcare
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