openPR Logo
Press release

Barcode Printers Market to hit USD 4.51 billion by 202: Global Market Insights, Inc.

06-22-2017 08:19 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Global Market Insights, Inc.

Global Market Insights, Inc.

Industry Overview:

The 2017 barcode printers market forecast report focuses on regional growth for 15+ countries, leading industry companies, applications ofb arcode printers and more with an aim to help take business decisions. Barcode Printers Market Size is projected to be evaluated at more than $4.6 billion by end of forecast timeframe registering a CAGR of about 8.7%. Retail sector growth along with rising demand for portable printers are key aspects fuelling the industry growth during forecast timeline.

Retail barcode printers market share was evaluated at more than $350 million for 2014 and is predicted to surpass $801 million by end of forecast timeframe. These equipments are widely used in applications like shelf labeling, price-tag printing, product labeling and point-of-sale. Many retail stores have started implementing mobile checkout concept where printers and handheld scanners help retail associates to print receipts, scan items and process payment in the store. All these factors are predicted to propel industry expansion during forecast timeframe.

Request for a sample of this research report @

Barcode printers are also used for automatic identification, personal identification and data collection. They are used by firms in various applications for enhancing output, improving consumer service and offering good security service to their customers.

But threat of a substitute product is anticipated to hinder industry growth in future.

Application Trends:

The industry is segmented into various applications like production and healthcare. Production was leading application segment and contributed about more than 35.1% of total industry share for 2014. The growth can be contributed to its high use in inventory labeling, tracking work in progress events and maintaining inventory control.

Healthcare segment was predicted to surpass $600 million by end of forecast period. This can be mainly credited to widespread use of barcode printers in patient id systems as well as patient tracking systems. It prevents medical errors by permitting access to reliable and concise patient data for sample collection, point-of-care medication administration, surgical methods and other patient care events.

Product Trends:

Barcode printers market was segmented into different products like mobile printers and industrial barcode printers.

Mobile printers are utilized for printing tickets, receipts and labels. They are also utilized in many field based applications varying from purchase invoice to work order owing to its user friendly features, low maintenance price and low cost consumables. These printers are growingly installed by firms to help employees in their work.

Industrial barcode printers segment contributed more than 60.1% of the total revenue share of the industry for 2014 and predicted to retain its industry domination during forecast timeline. Factors contributing to the growth of the segment are its utilization in harsh environment and its use in high volume applications like warehouse labeling and order labeling.

Technology Trends:

The industry is segmented into various technologies like direct thermal printing & impact printing.

Direct thermal printing develops picture on printing substance without ribbon and is useful in applications with short life cycle like labels and shipping receipts. It is predicted to be a high growth application segment with CAGR of more than 9.6% during forecast timeline.

Impact printing includes printing by dot matrix printers and drum printers. Dot matrix printer is used to create low density or medium density onsite barcodes through many dots printed in form of matrix.

Browse key industry insights spread across 119 pages with 44 market data tables & 37 figures & charts from the report, “Barcode Printers Market Size By Technology (Laser, Ink-Jet, Impact, Direct Thermal, Thermal Transfer), By Product (Desktop, Mobile, Tabletop/Industrial), By Application (Retail, Manufacturing, Shipping, Government, Healthcare), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2015 – 2022” in detail along with the table of contents:

Regional Trends:

Global Industry is segmented into key geographical regions like North America, Europe, Asia Pacific, Latin America and MEA(Middle East & Africa).

North America contributed more than 30.1% to the total revenue share of the global barcode printers market for 2014 and is predicted to retain its industry domination in future. The growth can be credited to growing demand for barcode printers from U.S.

Asia Pacific is predicted to witness substantial industry expansion due to large scale capital investments by multinational companies in retail and industrial infrastructure. Further, heavy presence of manufacturing units in the region is also predicted to boost the demand during forecast timeframe.

Competitive Trends:

Key industry participants profiled in the report include Honeywell Scanning & Mobility, Brother Mobile, Toshiba Tec, SATO Holdings Corporation, Dascom Holdings, Zebra Technologies, Canon Incorporation, Avery Dennison, Printronix, Avery Dennison, Oki Electric Industry Company Limited and Printek Incorporation.

These industry participants implement key business strategies like mergers & acquisitions and form strategic alliances or joint ventures with regional players in order to enhance their geographical presence, increase their product portfolio and grow their revenue share.

Make an inquiry for purchasing this report @

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Barcode Printers Market to hit USD 4.51 billion by 202: Global Market Insights, Inc. here

News-ID: 590902 • Views: 249

More Releases from Global Market Insights, Inc.

Ammonium Metavanadate Market to surpass USD 85 million by 2025| American Element …
Booming construction sector globally owing to urban population growth & industrialization will boost the requirement for ceramic tiles & sanitaryware, thus accelerating ammonium metavanadate market growth. The product finds widespread usage as a raw material for producing ceramic glazes and colorants. Substantial economic growth, favorable government policies to boost infrastructure sector and significant investment in telecommunication facilities should drive product adoption in ceramic industry. Global powder form market should surpass USD
Organic Hair Care Market Analysis By 2026|Leading key players are Evonik Industr …
Organic Hair Care Market size is expected to witness a swell in interest owing to the growing usage of natural ingredients based outcomes as they are healthy for hair. Developing demand for sulfate-free products is prognosticated to propel production growth. The upsurge in the personal care and excellence enterprise is also one of the key factors to support the product demand. The information provided in the report is likely
Furfural Market Analysis by key Players Kao, Avalon, The Colgate-Palmolive, Bent …
Increase in consumption of pesticides and fungicides in agriculture sector in various countries has flourished the furfural market. Rise in demand of the product in pharmaceutical sector is one of the prime indicator in boosting the industry growth.. The information provided in the report is likely to help manufacturers involved in the production of bulk and specialty chemicals, polymers, resins, lubricants, detergents, soaps, coatings, preservatives, fluids, biocides, oilfield chemicals, specific chemicals,
Water Based Enamel Market to register an appreciable growth rate through 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the " Water Based Enamel Market". This report provides an exhaustive account of the industry including: o Water Based Enamel Market size, historical from 2015 to 2019 and annual forecast from 2020 to 2026 o Major water based enamel industry trends, technology evolution, economic indicators and business challenges o Regulatory and geopolitical trends impacting the industry o Business drivers and pitfalls impacting key regional markets o

All 5 Releases

More Releases for Industry

Global Trauma Product Industry
Global Trauma Product Industry Market Insights:  The Global Trauma Products market is expected to grow at a CAGR of 7.2% during 2017-2022. The products that are used for the physical injuries and wounds caused by the external sources are known as trauma products. Traumatic injuries sometimes lead to long term complications such as long-term disability, chronic pain and infections and so on. It includes the injuries causing severe damage to the body
Global Nutraceuticals Market By Application | Food Industry, Ink Industry, Medic …
Researchmoz added Most up-to-date research on "Global Nutraceuticals Market By Application | Food Industry, Ink Industry, Medicine Industry, Electronic Industry and Paint Industry" to its huge collection of research reports. This report studies Nutraceuticals in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers
Global Sport Jackets Industry
Global Sport Jackets Industry Latest Report on Sport Jackets Market Global Analysis & 2022 Forecast Research Study In this report, the global Sport Jackets market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Global Sport Jackets market competition by top manufacturers, with production, price, revenue (value) and market share for
Dish Washer Industry
In our aim to bring the best and complete information to our clients, we at Orbis Research present the 2017 Global Dish Washer Market market professional survey. The well curated survey by the leading research experts and domain knowledge professionals provides clients with the true picture of the Global Dish Washer Market. The survey is expected to push the understanding of the market and its trends for the clients and
Neurorehabilitation Devices Industry Drivers
Neurorehabilitation Devices Market: Snapshot The market for neurorehabilitation devices holds a lot of potential, analysts have found. Already well-established markets in North America and Europe, coupled with immense growth opportunities in the emerging economies of Asia Pacific and Latin America indicate the favorable pace at which the global neurorehabilitation devices market is likely to grow over the coming years. The introduction of wearable technology and robotics has been having a tremendous
Global Table Lamps Industry
In our aim to provide our erudite clients with the best research material with absolute in-depth information of the market, our new report on Global Table Lamps Market is confident in meeting their needs and expectations. The 2017 market research report on Global Table Lamps Market is an in-depth study and analysis of the market by our industry experts with unparalleled domain knowledge. The report will shed light on many