PRN: Global Barcode Scanner Market to Soar at a CAGR of 7.6% Through 2027: Future Market Insights

24/mag/2017 15:02:33 PR Newswire Turismo Contatta l'autore

Questo comunicato è stato pubblicato più di 6 mesi fa. Le informazioni su questa pagina potrebbero non essere attendibili.

Global Barcode Scanner Market to Soar at a CAGR of 7.6% Through 2027: Future Market Insights


VALLEY COTTAGE, New York, May 24, 2017 /PRNewswire/ --

The advent of barcode technology has greatly reduced the hassles of tracking supply and commodity sale records for retailers across the globe. Over the years, the technology has been consistently improved and made more efficient. Currently, barcode solutions are being used across various domains owing to their exponential capabilities in systematically recording information such as product count, date of manufacturing, date on which the product was supplied to the retailer and selling price. Moreover, the emergence of e-commerce and intra-regional markets that offer specialised services to a wide range of sectors has further expanded its application base.

     (Logo: )

Future Market Insights (FMI) in its latest report titled "Barcode Scanner Market: Global Industry Analysis and Opportunity Assessment, 2017-2027" reveals that use of barcode technology is rapidly rising in both retail and manufacturing industries. Barcode scanners have become one of the best solutions for recording product information without making any major manual effort. The technological advantages and cutting-edge features of barcode scanners are also making them popular in the healthcare industry. Barcode technology can help rectify medication errors, medical practitioners and physicians can easily get information about medicines as well as their manufacturing dates.

The report further cites that the global barcode scanners market will expand at a CAGR of 7.6% over the forecast period (2017-2027) and account for US$ 10.8 Bn by 2027-end. During the same duration, the market is also expected to reflect a CAGR of 6.4% in terms of volume, reaching 38.7 Mn units over 2027-end. Around 20.7 Mn units of barcode scanners are expected to be sold by the end of 2017.

Request For Report Sample with Table of Contents:

Additional Highlights of the report Include: 

In 2017 and beyond, laser-based scanner is expected to remain as the prime technology. Laser scanners are widely used in regions with established manufacturing and retail sectors such as Western Europe and North America. By the 2017-end, laser scanners are estimated to accounts for 32.3% revenue share of the market and will continue to be the most preferred barcode reader technology throughout the assessment period. However, camera-based reader is anticipated to see the fast adoption as these scanners are innovative and configured with advanced 2D imaging technology. Based on product type, portable/handheld scanners are expected to remain top choices of barcode scanners amongst consumers over the forecast period. Owing to characteristics such as faster print speed and versatility, demand for portable/handheld barcode scanners is rapidly increasing in various parts of the world. Use of barcode scanners in th! e retail and commercial sector continues to be the highest and is expected account for a major chunk of revenue over the forecast period. Meanwhile, the healthcare industry is swiftly adopting the barcode technology as well.

Preview Analysis on Global Barcode Scanner Market Segmentation By Product Type -Portable/Handheld, Rugged Scanners, PDA Scanners, Automatic Readers, Others, Fixed Position, Stationary Scanners, Presentation Scanners, Automatic Readers, Others; By End Use - Retail & Commercial, General Manufacturing, Healthcare, Logistics & Warehouse, Commercial Aviation, Defence, Others; By Technology - Pen Type Reader, Laser Scanner, CCD (Charge Coupled Device) Readers, Camera Based Reader, Omni Directional Barcode Scanner:

Amongst regions, markets in Asia Pacific excluding Japan (APEJ) and North America are expected to exhibit high growth potentials. In APEJ, China and India are projected to achieve impressive growth of their barcode scanner market. By 2017-end, the region is projected to account for a revenue share of 29.5%, which is expected to increase to 33.8% towards the end of the forecast period. Market players are targeting APEJ as their key sales region.  Zebra Technologies Corporation, Honeywell International Inc., DataLogics S.P.A, Cognex Corporation, OCOM Technologies, Wasp Barcode Technologies, JC Square Inc., SATO Holdings Corporation, Scandit AG and Toshiba TEC Corporation are some of leading companies profiled in the FMI report.

More from FMI's Cutting-edge Intelligence: 

  • Barcode Printers Market By Segmentation By Printer Type - Desktop Barcode Printers, Industrial Barcode Printers and Mobile Barcode Printers, By Printing Technology - Thermal Transfer, Direct Thermal, Dot Matrix and Laser, By Consumables - Ribbons, Wax Ribbons, Wax/Resin Ribbons and Resin Ribbons, By Application - Industrial/Manufacturing, Transportation/Logistics, Retail, Healthcare and Commercial Services, By Distribution Channels - Direct-To-End User, Direct-To-OEM and Others:
  • India Electrical Testing Services Market Segmentations By Service Type - Transformer Testing, Circuit Breaker Testing, Protection Testing and Battery Testing:
  • Gaskets and Seals Market Segmentation By Product Type - Gaskets (Jacketed Gaskets, Solid Gaskets, Spiral Wound Gaskets, Kammprofile Gaskets), Seals (Static Seals, Dynamic Seals); By Sales Channel - OEM, Aftermarket; By Material Type - Metallic, Non-Metallic (Elastomeric, Others); By End Use Industry - Automotive, Aerospace, Machinery, Electronics & Electrical, Marine & Rail, Others:

About Us 

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Browse More Industrial Automation & Equipment Market Insights

Contact Us
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44 (0) 20 7692 8790
Press Office:

FMI Blog:


blog comments powered by Disqus è un servizio offerto da Factotum Srl