Press release
Barcode Scanner Market Size to Surpass US$ 15.8 billion by 2033
The global Barcode Scanner Market is forecasted to expand at a CAGR of 7.6% and increase from a value of US$ 8.3 billion in 2023 to US$ 15.8 billion by the end of 2033. The barcode scanner market has witnessed significant growth in recent years due to the increasing need for efficient and accurate data capture and the growing adoption of automation technologies across industries. Barcode scanners help streamline operations, enhance inventory management, and improve overall productivity.Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/26782
The global barcode scanner market is a rapidly growing industry that plays a critical role in various sectors such as retail, logistics, healthcare, and manufacturing. Barcode scanners are electronic devices used to capture and read barcodes, which consist of a series of parallel lines that represent product information. This research report aims to provide an overview of the current state and future trends of the global barcode scanner market.
Market Dynamics:
Drivers:
• Increasing demand for process automation and enhanced operational efficiency.
• Growing e-commerce industry and the need for efficient inventory management.
• Rising adoption of barcode scanners in healthcare for patient safety and medication management.
• Technological advancements such as the integration of IoT and cloud-based solutions in barcode scanning devices.
Restraints:
• High initial investment and maintenance costs associated with advanced barcode scanning technologies.
• Concerns regarding data security and privacy.
• Limited barcode scanning capabilities for damaged or poorly printed barcodes.
Barcode Scanner Market Key Players
Some key players of barcode scanner market are Honeywell International Inc., Zebra Technologies Corporation, Cognex Corporation, Toshiba TEC Corporation, SATO Holdings Corporation, Toshiba TEC Corporation, Datalogic S.P.A, Wasp Barcode Technologies, Scandit AG and others. These players are expected to influence the barcode scanner market during the forecast period.
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Market Segmentation:
The global barcode scanner market can be segmented based on the following factors:
Type of Barcode Scanners:
• Handheld Barcode Scanners
• Stationary Barcode Scanners
• PDA Scanners
• Cordless Barcode Scanners
• Presentation Scanners
• Others
Technology:
• Laser Scanners
• Linear Imager Scanners
• 2D Area Imager Scanners
• Camera-based Scanners
• Others
End-User Industries:
• Retail
• Healthcare
• Logistics and Transportation
• Manufacturing and Industrial
• Hospitality
• Others
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Recent Developments:
Honeywell International Inc. (2021):
• Honeywell announced the launch of their new Xenon XP 1950g and 1952g barcode scanners, designed to enhance data capture capabilities and durability in various industries.
• The company introduced the Granit 1991i and 1992i industrial-grade area-imaging scanners, specifically developed for tough environments such as warehouses and manufacturing facilities.
Zebra Technologies Corporation (2021):
• Zebra Technologies introduced the DS4600 series of 2D barcode scanners, offering high performance and accuracy for retail, hospitality, and healthcare applications.
• The company launched the ultra-rugged DS3608-ER and DS3678-ER barcode scanners, designed to enable efficient scanning of barcodes at extended ranges in challenging industrial environments.
Datalogic S.p.A. (2021):
• Datalogic released the new Gryphon GD4100 and GD4300 series of linear imagers, featuring enhanced scanning performance and durability for retail and light industrial applications.
• The company unveiled the Memor 20 handheld mobile computer with built-in barcode scanning capabilities, targeting retail, transportation, and logistics sectors.
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