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Barcode Scanner Market

Barcode Scanner Market Forecasts to 2028 – Global Analysis By Scanner Type (Non-Rugged Barcode Scanner, Rugged Barcode Scanner), Category (Wireless Barcode Scanner, Wired Barcode Scanner) and By Geography

4.0 (40 reviews)
Published: February 2022 ID: SMRC20449
4.0 (40 reviews)
Published: February 2022 ID: SMRC20449

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Barcode Scanner Market is accounted for $7.00 billion in 2021 and is expected to reach $13.30 billion by 2028 growing at a CAGR of 9.6% during the forecast period. A barcode scanner, also known as a point-of-sale (POS) scanner or a price scanner, is a device that captures and reads data from barcodes. A light source, a lens, and a light sensor that converts optical impulses into electrical ones make up the scanner. A barcode scanner measures the quantity of light reflected back after sending a beam of light across the barcode. The light is reflected less by the black bars on the barcode than by the white spaces between them. The light energy is eventually transformed into electrical energy by the scanner, which is ultimately transformed into data by the decoder and transferred to a computer.

Market Dynamics:

Driver:

Rising demand for remote solutions


The increasing requirement of industries for remote solutions is fueling the barcode scanners market. Another factor driving the barcode scanner market is the growing number of multinational logistics service providers. Moreover, in the coming years, most of the shops will be able to keep track of inventory without errors due to the effectiveness and the efficiency of operations provided by the barcode scanner. The same reduces the time, and it gives a potential growth to the barcode scanner market during the forecast period. Moreover, the increase in the number of malls, supermarkets in various countries is also responsible for the growth of the barcode scanner market during the forecast period.

Restraint:

Lack of proper awareness


The inconvenience in moving the barcode scanner from one place to another and lack of awareness towards the barcode scanner machine by some of the shopkeepers are the major reasons restraining the growth of the market.

Opportunity:

Increasing R&D activities


Manufacturers are focus on forming effective retailer and supplier channel, in order to cater the growing demand for barcode scanner device across the globe. Various R&D activities are carried out by major player for innovative and technological advanced product catering to the growing need of barcode scanner by end user.

Threat:

High cost requirement


High cost requirement for the implementation of barcode scanners is a major threat for the market during the forecast period.

The retail & commercial segment is expected to be the largest during the forecast period

Use of barcode scanners is rapidly growing in the retail and manufacturing industries. Barcode scanners have become one of the best solutions for product information capturing. Retailers worldwide use barcodes for hassle-free recording of supplies and commodities. Barcodes imprinted on labels are pasted on products, which help in recording information regarding product count, date of manufacturing, date on which the product was supplied to the retailer, selling price, etc. When these products are scanned, the information is retrieved and monitored. This entire process, which is completed within a few seconds, not only increases efficiency but also minimizes errors .

The portable/handheld segment is expected to have the highest CAGR during the forecast period

The portable/handheld segment is expected to have the highest CAGR during the forecast period due to the increasing demand from the retail and manufacturing sectors.

Region with largest share:

North America is projected to hold the largest market share. North America has adopted high-end barcode scanners such as cordless scanners, rugged scanners, omni-directional scanners and stationary scanners in multiple industries.

The growth rate of barcode scanner technologies such as CCD and pen type reader is lesser when compared to other technologies implemented in this region. Another trend is the development of dedicated barcode scanners for specific applications such as barcode scanners for usage in hospitals and theme park admission tickets.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR owing to the increasing retailers in the region. Barcode technology enables e-tailers for easy record of inventory, and to keep track as the inventory goes out. Presence of several key players in China, India, Japan, and South Korea makes Asia Pacific prominent region in the barcode scanner market.

Key players in the market

Some of the key players profiled in the Barcode Scanner Market include Datalogic S.p.A. (Hydra S.p.A), Honeywell International Inc., DENSO Corporation, Toshiba TEC Corporation, Bluebird Corporation, Scandit AG, Zebra Technologies Corporation, SATO Holdings Corporation, JC Square Inc. (GMO Hosting & Security Inc.), Juniper Systems, Wasp Barcode Technologies, Opticon, OCOM Technologies, Casio Computer Co. Ltd., and Keyence Corporation.

Key developments:

In June 2020: Honeywell has recently unveiled new devices with disinfectant-ready housing like Xenon XP and Voyager XP. These scanners can capture the most difficult to read or damaged barcode easily.

In July 2019: Scandit has released Barcode Scanner SDK Version 6.0 for native iOS and Android, delivering improved MatrixScan and Augmented Reality (AR) performance, a new, more modular API, more extensive  documentation, better code samples and additional viewfinder customization.

Products Covered:
• Portable/Handheld
• Fixed Position

Components Covered:
• Solutions
• Services

Scanner Types Covered:
• Non-Rugged Barcode Scanner
• Rugged Barcode Scanner

Categories Covered:
• Wireless Barcode Scanner
• Wired Barcode Scanner

Technologies Covered:
• Charge Coupled Device (CCD) Readers
• Radio Frequency Identification Technology (RFID)
• Camera Based Reader
• Pen Type Reader
• Laser Scanner
• Omni Directional Barcode Scanner
• Smartphone Based Scanner

Applications Covered:
• Resource Management
• Inventory Control & Management
• Biometrics
• Error Optimization

End Users Covered:
• Healthcare
• General Manufacturing
• Defense
• Food and Beverages
• Mobile Apps
• Commercial Aviation
• Transport, Logistics & Warehouse
• Retail & Commercial

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary       
         
2 Preface        

 2.1 Abstract       
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology     
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources    
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions     
         
3 Market Trend Analysis       
 3.1 Introduction      
 3.2 Drivers       
 3.3 Restraints       
 3.4 Opportunities      
 3.5 Threats       
 3.6 Product Analysis      
 3.7 Technology Analysis      
 3.8 Application Analysis      
 3.9 End User Analysis      
 3.10 Emerging Markets      
 3.11 Impact of Covid-19      
         
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes      
 4.4 Threat of new entrants     
 4.5 Competitive rivalry      
         
5 Global Barcode Scanner Market, By Product    
 5.1 Introduction      
 5.2 Portable/Handheld      
  5.2.1 Automatic Readers     
  5.2.2 Cordless Scanner     
  5.2.3 Personal Digital Assistant (PDA) Scanners   
 5.3 Fixed Position      
  5.3.1 Automatic Readers     
  5.3.2 Stationary Scanners     
  5.3.3 Presentation Scanners    
  5.3.4 2D Camera Scanner     
         
6 Global Barcode Scanner Market, By Component    
 6.1 Introduction      
 6.2 Solutions       
 6.3 Services       
         
7 Global Barcode Scanner Market, By Scanner Type    
 7.1 Introduction      
 7.2 Non-Rugged Barcode Scanner     
 7.3 Rugged Barcode Scanner     
         
8 Global Barcode Scanner Market, By Category     
 8.1 Introduction      
 8.2 Wireless Barcode Scanner     
 8.3 Wired Barcode Scanner     
         
9 Global Barcode Scanner Market, By Technology    
 9.1 Introduction      
 9.2 Charge Coupled Device (CCD) Readers    
 9.3 Radio Frequency Identification Technology (RFID)   
 9.4 Camera Based Reader     
 9.5 Pen Type Reader      
 9.6 Laser Scanner      
 9.7 Omni Directional Barcode Scanner    
 9.8 Smartphone Based Scanner     
         
10 Global Barcode Scanner Market, By Application    
 10.1 Introduction      
 10.2 Resource Management     
 10.3 Inventory Control & Management    
 10.4 Biometrics      
 10.5 Error Optimization      
         
11 Global Barcode Scanner Market, By End User    
 11.1 Introduction      
 11.2 Healthcare      
 11.3 General Manufacturing     
 11.4 Defense       
 11.5 Food and Beverages      
 11.6 Mobile Apps      
 11.7 Commercial Aviation      
 11.8 Transport, Logistics & Warehouse    
 11.9 Retail & Commercial      
         
12 Global Barcode Scanner Market, By Geography    
 12.1 Introduction      
 12.2 North America      
  12.2.1 US      
  12.2.2 Canada      
  12.2.3 Mexico      
 12.3 Europe       
  12.3.1 Germany      
  12.3.2 UK      
  12.3.3 Italy      
  12.3.4 France      
  12.3.5 Spain      
  12.3.6 Rest of Europe     
 12.4 Asia Pacific      
  12.4.1 Japan      
  12.4.2 China      
  12.4.3 India      
  12.4.4 Australia      
  12.4.5 New Zealand     
  12.4.6 South Korea     
  12.4.7 Rest of Asia Pacific     
 12.5 South America      
  12.5.1 Argentina      
  12.5.2 Brazil      
  12.5.3 Chile      
  12.5.4 Rest of South America    
 12.6 Middle East & Africa      
  12.6.1 Saudi Arabia     
  12.6.2 UAE      
  12.6.3 Qatar       
  12.6.4 South Africa     
  12.6.5 Rest of Middle East & Africa    
         
13 Key Developments       
 13.1 Agreements, Partnerships, Collaborations and Joint Ventures  
 13.2 Acquisitions & Mergers     
 13.3 New Product Launch      
 13.4 Expansions      
 13.5 Other Key Strategies      
         
14 Company Profiling       
 14.1 Datalogic S.p.A. (Hydra S.p.A)     
 14.2 Honeywell International Inc.     
 14.3 DENSO Corporation      
 14.4 Toshiba TEC Corporation     
 14.5 Bluebird Corporation      
 14.6 Scandit AG      
 14.7 Zebra Technologies Corporation    
 14.8 SATO Holdings Corporation     
 14.9 JC Square Inc. (GMO Hosting & Security Inc.)   
 14.10 Juniper Systems      
 14.11 Wasp Barcode Technologies     
 14.12 Opticon       
 14.13 OCOM Technologies      
 14.14 Casio Computer Co. Ltd.     
 14.15 Keyence Corporation     


List of Tables        
1 Global Barcode Scanner Market Outlook, By Region (2020-2028) ($MN)  
2 Global Barcode Scanner Market Outlook, By Product (2020-2028) ($MN)  
3 Global Barcode Scanner Market Outlook, By Portable/Handheld (2020-2028) ($MN) 
4 Global Barcode Scanner Market Outlook, By Automatic Readers (2020-2028) ($MN) 
5 Global Barcode Scanner Market Outlook, By Cordless Scanner (2020-2028) ($MN) 
6 Global Barcode Scanner Market Outlook, By Personal Digital Assistant (PDA) Scanners (2020-2028) ($MN)
7 Global Barcode Scanner Market Outlook, By Fixed Position (2020-2028) ($MN) 
8 Global Barcode Scanner Market Outlook, By Automatic Readers (2020-2028) ($MN) 
9 Global Barcode Scanner Market Outlook, By Stationary Scanners (2020-2028) ($MN) 
10 Global Barcode Scanner Market Outlook, By Presentation Scanners (2020-2028) ($MN) 
11 Global Barcode Scanner Market Outlook, By 2D Camera Scanner (2020-2028) ($MN) 
12 Global Barcode Scanner Market Outlook, By Component (2020-2028) ($MN)  
13 Global Barcode Scanner Market Outlook, By Solutions (2020-2028) ($MN)  
14 Global Barcode Scanner Market Outlook, By Services (2020-2028) ($MN)  
15 Global Barcode Scanner Market Outlook, By Scanner Type (2020-2028) ($MN) 
16 Global Barcode Scanner Market Outlook, By Non-Rugged Barcode Scanner (2020-2028) ($MN)
17 Global Barcode Scanner Market Outlook, By Rugged Barcode Scanner (2020-2028) ($MN)
18 Global Barcode Scanner Market Outlook, By Category (2020-2028) ($MN)  
19 Global Barcode Scanner Market Outlook, By Wireless Barcode Scanner (2020-2028) ($MN)
20 Global Barcode Scanner Market Outlook, By Wired Barcode Scanner (2020-2028) ($MN)
21 Global Barcode Scanner Market Outlook, By Technology (2020-2028) ($MN)  
22 Global Barcode Scanner Market Outlook, By Charge Coupled Device (CCD) Readers (2020-2028) ($MN)
23 Global Barcode Scanner Market Outlook, By Radio Frequency Identification Technology (RFID) (2020-2028) ($MN)
24 Global Barcode Scanner Market Outlook, By Camera Based Reader (2020-2028) ($MN) 
25 Global Barcode Scanner Market Outlook, By Pen Type Reader (2020-2028) ($MN) 
26 Global Barcode Scanner Market Outlook, By Laser Scanner (2020-2028) ($MN) 
27 Global Barcode Scanner Market Outlook, By Omni Directional Barcode Scanner (2020-2028) ($MN)
28 Global Barcode Scanner Market Outlook, By Smartphone Based Scanner (2020-2028) ($MN)
29 Global Barcode Scanner Market Outlook, By Application (2020-2028) ($MN)  
30 Global Barcode Scanner Market Outlook, By Resource Management (2020-2028) ($MN)
31 Global Barcode Scanner Market Outlook, By Inventory Control & Management (2020-2028) ($MN)
32 Global Barcode Scanner Market Outlook, By Biometrics (2020-2028) ($MN)  
33 Global Barcode Scanner Market Outlook, By Error Optimization (2020-2028) ($MN) 
34 Global Barcode Scanner Market Outlook, By End User (2020-2028) ($MN)  
35 Global Barcode Scanner Market Outlook, By Healthcare (2020-2028) ($MN)  
36 Global Barcode Scanner Market Outlook, By General Manufacturing (2020-2028) ($MN)
37 Global Barcode Scanner Market Outlook, By Defense (2020-2028) ($MN)  
38 Global Barcode Scanner Market Outlook, By Food and Beverages (2020-2028) ($MN) 
39 Global Barcode Scanner Market Outlook, By Mobile Apps (2020-2028) ($MN) 
40 Global Barcode Scanner Market Outlook, By Commercial Aviation (2020-2028) ($MN) 
41 Global Barcode Scanner Market Outlook, By Transport, Logistics & Warehouse (2020-2028) ($MN)
42 Global Barcode Scanner Market Outlook, By Retail & Commercial (2020-2028) ($MN) 
         
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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