About Industrial Barcode Scanners
Industrial Barcode Scanners are devices which scan any barcode containing data about the product or an equipment, this data is then sent to the computer for further processing or for storing in a structured data block. It works on the principle of light being emitted at the barcode and the amount of light which gets back after reflection. That is because black colour reflects less light and thus the black colour on the barcode will release less light and white segments more, resulting in decoding and accessing information stored in the barcode. Industrial Barcodes can be basically segregated into two main categories that is handheld and fixed, with handheld segment accounting for largest market share. The increasing adoption of technology and digital solutions is resulting in growth of the market of Industrial Barcode Scanners. Geographically, Asia Pacific is expected to be biggest market of Industrial Barcode Scanner.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Honeywell International Inc. (United States), Datalogic Spa (Italy), Zebra Technologies Corp., EUROTECH Spa (Italy), Toshiba TEC Corporation (Japan), SATO Holdings Corporation (Japan), Advantech Co. Ltd. (Taiwan), Opticon Sensors Europe BV (Netherlands), Generalscan Electronics Co. Ltd. (China) and Unitech Electronics Co Ltd. (Taiwan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Shenzhen Alacrity Barcode Technology Co. Ltd. (China), Scandit AG (Switzerland) and Shenzhen Unique Electronic International Ltd. (China).
Segmentation Overview
AMA Research has segmented the market of Global Industrial Barcode Scanners market by Type (Handheld Scanners {Rugged Scanners, PDA Scanners, Automatic Readers and Others} and Fixed Scanners {Stationary Scanners, Presentation Scanners, Automatic Readers and Others}) and Region.
On the basis of geography, the market of Industrial Barcode Scanners has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Industrial Barcode Scanners market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Healthcare will boost the Industrial Barcode Scanners market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Mobile Phone Scanners Accounts for One of the Largest Market Shares in the Market of Barcode Scanners
Market Growth Drivers:
Increasing Adoption of Technological and Digital Solutions and Advancement of Barcode Sensing and Related Technology
Challenges:
Less Awareness about Applications of Barcode Technology
Restraints:
Emergence of RFID Technology
Opportunities:
Asia Pacific Presents Huge Opportunity for Growth
Market Leaders and their expansionary development strategies
In 2019, Barcodes Group, US based leader in Barcode scanner, printer RFID and related technologies has announced acquisition of Emkat, which is a provider of mobile computing and innovative barcoding solutions. The acquisition will help Barcodes group to grow in healthcare sector where Emkat’s expertise lies. The two companies will also look to share their technological expertise and combine synergies to develop better products.
In 2020, OMRON Corporation, Japanese multinational tech Hardware Company with enhanced expertise in healthcare, automation and control systems has announced launch of its new series of handheld barcode scanners, known as V410-H. This new launch expands Omron’s existing range of industrial barcode scanners. The product is equipped with high resolution sensor, IP65/67 or wireless connectivity, and other premium features for lightning fast decoding and easy usability.
Key Target Audience
Industrial Barcode Scanners Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.