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Barcode Scanners and Printers Market Share 2021 Overview, Top Key Players, Demand, Industry Size, Growth Factor, Trends and Forecast to 2027 | Zebra, Honeywell, SATO Auto-Id India, TVS Electronics

09-30-2021 08:52 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

During the projected period of 2021-2027, the "Barcode Scanners and Printers Market" research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The Barcode Scanners and Printers market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this study because it provides historical and statistically significant data, making it both helpful and instructional.

In accordance with the Barcode Scanners and Printers market is set to grow at a CAGR of 16.9% over the forecast period (2021-2027).

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Market Overview

Manufacturers are using barcode printing technology to help cut costs, streamline operations, and improve quality control that fuels the growth of the barcode printer market.

The growth in the e-commerce industry, coupled with the rising number of online buyers and transactions, is expected to fuel the market in the forecast period. For instance, in June 2019, Flipkart attracted 20 million visitors to its online platform in just 19 hours during its big billion-day sale.
Some of the prominent players in the market are entering into strategic partnerships that enable them to come up with product innovations and development. Such developments are expected to fuel the demand for barcode printers over the forecast period.

Top Key players operating in the global Barcode Scanners and Printers market are:

Zebra, Honeywell, SATO Auto-Id India, TVS Electronics, TSC, Datasensor India, Spectris Technologies, Cognex Sensors, Toshiba India, Postek

Recent Development:

Honeywell has made Fiplex (Mar 2021), Sparta Systems (Dec 2020), SineHQ (Dec 2020) acquisitions and 26 investments. The company has spent over $ 16.47B on the acquisitions. Honeywell has invested in multiple sectors such as Facility Management Tech, Energy Efficiency Tech, Aviation IT and more.
In March 2021, Toshiba Tec Corporation partnered with US-based Catalina to expand the reach of its data-driven marketing solutions for different brands and retailers in Japan.
In January 2021, Toshiba Tec Corporation introduced a new desktop printer series with increased performance and durability
For instance, in June 2019, TSC Auto ID launched its ML240P compact industrial barcode printer series. The ML240P is available in 203 dpi printing resolution, and the ML340P is available in a strong 300 dpi printing resolution.

Major Barcode Scanners and Printers Market Types covered are:

Retail & E-commerce
Logistics & Supply Chain
Automotive
Manufacturing

Major Barcode Scanners and Printers Market Applications covered are:

Scanners
Printers

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The Asia Pacific Is Expected to Register Fastest Growth
Manufacturers in the region are looking for printing technology that enables them to cut costs, streamline operations, and improve quality control that fuels the growth of the barcode printer market. This is propelling the players to come up with solutions that enable them to cater to such needs.
The logistics industry is characterized by the amount of information it can capture, process, and deliver to its customers by identifying, moving & tracking goods in real-time is being enabled through Barcode & RFID supply chain standards.
The sales of processed food in the domestic market have been increasing at a fast pace, which is expected to drive the barcode printer market demand over the forecast period. According to the India Brand Equity Foundation, the Packaged food industry in India is expected to cross USD 65 billion by 2020 and become the third-largest market for packaged food. Such instances are indicative of the fact that the market is poised to grow over the forecast period.

Regional Analysis of Global Barcode Scanners and Printers market:

The Barcode Scanners and Printers Market research gives an in-depth analysis of market growth and other factors in key nations (regions), including:

North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

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Table of Contents: Barcode Scanners and Printers Market

- Chapter 1: outline of Barcode Scanners and Printers marketplace

- Chapter 2: worldwide market reputation and forecast through areas

- Chapter 3: worldwide marketplace popularity and forecast by using types

- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise

- Chapter 5: marketplace riding issue evaluation

- Chapter 6: market opposition reputation by major producers

- Chapter 7: essential producers Presentation and market data

- Chapter 8: Upstream and Downstream marketplace investigation

- Chapter 9: Fetched and net part investigation

- Chapter 10: advertising reputation research

- Chapter 11: marketplace file end

- Chapter 12: research technique and Reference

Impact of COVID-19 on the Barcode Scanners and Printers Market:

The upward push of COVID-19 has moderated showcase improvement; anyhow, the market is constantly selecting up-tempo due to growing lockdowns. The sudden increment in CAGR is thanks to the request and extension of this marketplace, which is functionality to return to pre-pandemic ranges once the large, is gone.

Customization Available: Global Barcode Scanners and Printers Market

The Global Barcode Scanners and Printers Market report may be modified to meet your specific business needs. because we recognize what our customers want, we provide 25% customization for any of our MID reports at no extra value to all of our customers.

About Us:

Market intelligence data may be a global front-runner within the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customised research reports.

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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

Mail to: sales@marketintelligencedata.com

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