These insights are according to a new study on the image-based barcode reader market by ESOMAR-certified research and consulting firm Future Market Insights. Increasing penetration of Industry 4.0 has spurred the deployment of advanced technologies such as cyber-physical systems, cloud, robotics, artificial intelligence (AI), big data, and autonomous techniques across the manufacturing industry. This is helping manufacturing firms to ensure uninterrupted operations and curb the pressure on workers.
Furthermore, the adoption of industry four.0 has motivated manufacturing companies to increasingly flip to asset tracking and monitoring technologies to correctly music and screen asset locations and their status. Photographs primarily based on barcode readers are the core gadgets for such sports.
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With the excessive penetration of extraordinarily state-of-the-art clever phones, QR codes and bar codes are getting used as the following step for app-based totally retail answers. Currently, businesses are voraciously absorbing the would possibly of photo-based barcodes because it serves as a lead magnet via competitive advertising campaigns.
Key Takeaways of Image-Based Barcode Reader
- Players to launch proprietary QR code scanner and reader apps that are compatible with Android and iOS
- Market in East Asia to witness meteoric growth, majorly represented by China
- The retail and commercial industry to remain the key revenue generator, capturing over 30% of market value
- Future QR codes are expected to reduce error margins ranging between 7-30%
Rapid Advances in Sensor Technology to Augur Well for Market Growth
A high-powered integrated torch (HPIT) image creation system, driven by high-speed liquid lens technology and time-of-flight (ToF) distance measurement, is making a measurable impact by allowing dynamic autofocus at frames per second (FPS). The most recent image-based barcode readers come with HPIT feature for use cases including, high-rate tunnel sortation and warehouse handling in situations where product dimensions and packages can differ considerably, demanding the camera to swiftly adjust to various focal ranges.
The HPIT light offers superior illumination ability for fixed-position image-based barcode readers. HPIT is perfect for hard-to-read barcodes, presentation scanning, and use cases that confront the challenge of shifts in working distances. The solution leverages high-rate autofocus technology, distance sensors to deliver top-quality 1D and 2D code image creation, and 16 programmable LED lights
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Key Segment
Imaging Type
- 1D Image/ Code Scanning
- 2D Image/ Code Scanning
Product Type
- Portable/Handheld Scanners
- Rugged Scanners
- PDA Scanners
- Smart Phones
- Automatic Readers
- Cordless Scanners
- Fixed-position Scanners
- Stationary Scanners
- Presentation Scanners
End Use
- Retail and Commercial
- Manufacturing
- Automotive
- F&B
- Semiconductors
- General Manufacturing
- Others
- Health Care
- Logistics & Warehouse
- Commercial Aviation
- Defense
- Others
Technology
- S mounted lens
- C mounted lens
- Autofocus / Liquid based lens
Connectivity
- USB
- Bluetooth
- Wi-Fi
- PoE (Power over Ethernet)
Sales Channel
- Online
- Offline
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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