The industrial barcode scanner market is anticipated to reach US$3,451.0 Million in 2022. Due to rising automation in retail establishments and the manufacturing sector, as well as industry takeover by digitization and the undeniable rise of e-commerce, the overall demand for industrial barcode scanners is predicted to grow at a CAGR of 8.3 percent between 2022 and 2032, reaching a total of roughly US$ 7,678.0 Million by 2032.
The primary factor driving the expansion of the industrial barcode scanners market is the growing inclination for automation across a range of manufacturing processes. Barcode technology has made parcel/courier tracking and sorting less inconvenient for businesses and retailers around the world.
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Moreover, the emergence of e-commerce and intra-regional market is playing an important role in fueling the growth of Industrial Barcode Scanners market. The cutting-edge features of Industrial barcode scanners such as Superior read range, durability, full range area imaging performance and fast time to read are supporting the rapid adoption Industrial barcode scanners in manufacturing and warehousing industries.
Barcode Scanners which uses high resolution industrial cameras to capture multiple barcodes simultaneously are called Industrial barcode scanners. Today, Industrial barcode scanners have become one of the best solution for recording and managing product information without making any major manual effort.
Rising demand for durable high volume barcode scanning across various industries including manufacturing, retail, and logistics contributes the growth of industrial barcode market.
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Industrial Barcode Scanners: Drivers and Challenges
Drivers
Increasing interest on digitalization of business operations across various industries is the primary factor drivers the growth of Industrial barcode scanners market. Increasing number of multinational logistics service providers in the market is fueling the growth of Industrial barcode scanners market.
Owing to high durability, in industrial sector, 2D barcodes such as Data matrix, QR code and others are being used exponentially and ultimately the preference towards 2D barcodes is increasing the demand of 2D industrial barcode scanners. Apart from this, the availability of innovative and customized products such as mobile computing devices is playing an important role which is supporting the growth of Industrial barcode scanners market.
Challenges
The high cost of Industrial barcode scanners is one of the major factor which may hinders the growth of Industrial barcode scanners market.
Moreover, the incompatibility with existing business systems and software is also the factor which may slow down the adoption of Industrial barcode scanners
Industrial Barcode Scanners: Competition Landscape
Key Development
In October 2016, Honeywell International Inc. added “Digimarc Barcode” scanning capabilities to its handheld scanners in order to offer industry leading performance and reliability for wide range of applications.
In April 2016, Zebra Technologies launched its 3600 Ultra-rugged series of scanners. These scanners helps company to enhance durability, scan performance and manageability of industrial verticals such as warehousing, retail and manufacturing
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Key Players
The Prominent players in Industrial barcode scanners market are Honeywell International Inc., Zebra Technologies Corporation, Cognex Corporation, SATO Holdings Corporation, Toshiba TEC Corporation,Wasp Barcode Technologies, Datalogic S.P.A, Scandit AG, Juniper Systems and others.
Key Segments Covered in the Industrial Barcode Scanners Industry Analysis
Industrial Barcode Scanners Market by Housing Type:
- Handheld Industrial Barcode Scanners
- Stationary Industrial Barcode Scanner
- Other Industrial Barcode Scanner Types
Industrial Barcode Scanners Market by Scanning Technology:
- Linear Imaging Industrial Barcode Scanners
- Area Imaging Industrial Barcode Scanners
- Omni Directional Industrial Barcode Scanners
Industrial Barcode Scanners Market by Industry Use:
- Industrial Barcode Scanners for Manufacturing
- Industrial Barcode Scanners for Food and Beverages
- Industrial Barcode Scanners for Retail
- Industrial Barcode Scanners for Transportation and Logistics
- Industrial Barcode Scanners for Other Industry Uses
Industrial Barcode Scanners Market by Region:
- North America Industrial Barcode Scanners Market
- Latin America Industrial Barcode Scanners Market
- Europe Industrial Barcode Scanners Market
- Asia Pacific Industrial Barcode Scanners Market
- Middle East & Africa Industrial Barcode Scanners Market
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