Barcode Equipment Market Scope
Barcode Equipment is a device which is used for decoding the barcode languages. These devices help in scanning the influx or the barcodes written on any kind of packages. The barcodes that are used on any product or packaging are mostly decoded by the use of a scanner. It is seen that the market rate or share of this barcode equipment are majorly found in North America and is probably expected to create total incremental opportunity of more than USD1500 Mn from 2017 to 2027. The rising use of barcode on most of the products are driving the market for barcode types of equipment.
The market study is being classified by Type (Barcode Scanner, Barcode Printer, Barcode Verifiers and Others), by Application (Logistics & Warehouse, Retail and Commercial, Defense, Health Care, General Manufacturing and Other End Users) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of North America Barcode Equipment market throughout the predicted period.
Honeywell (United States), Symbol (United States), General Data Company (United States), Avery Dennison (United States), Zebra Technologies (United States), OCR Canada (Canada), Printronix (United States), Hewlett-Packard (United States), Epson America Inc. (United States) and Wasp Barcode Technologies (United States) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of North America Barcode Equipment market by Type, Application and Region. On the basis of Type, Barcode Scanner are dominating the market in the year 2018
On the basis of geography, the market of Barcode Equipment has been segmented into North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Canada on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Technology Type, the sub-segment i.e. 2D imagers will boost the Barcode Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-user, the sub-segment i.e. Retail will boost the Barcode Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 25th June 2018, Wasp Barcode Technologies headquartered in North America launched a new 2D Barcode Scanner Line. The product is named as The Wasp WDI4200 2D Barcode Scanner, Wasp WWS750 Wireless 2D Barcode Scanner, and WDI7500 2D Barcode Scanner. These series of scanners are compact, lightweight, ergonomic and efficient in nature.
- Improved Use of Data from Barcode Scanners with Big Data to Improve Decision Making
- Wide Application of Barcode Scanners is a New Trend in North America
- Increasing Use of Barcodes in Transportation and Logistics, Retailing, Overseeing Books and on May More Things
- Increasing Demand of Barcodes from Industrial Sector
- Growing Use of Barcodes in Healthcare Sector Is Fueling the Market in North America
- Advanced IT Infrastructure Along With Along With the Growing Education Sector in North America
- Issue Related to Rising in Scanning Discrepancies
- High Initial Capital Investment in Forecasted Years
- Availability of Alternatives in Market
Key Target AudienceTechnology Investors, Research/Consultancy Firms, System Integrators and Original Equipment Manufacturers
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