Barcode Printer Market Size & Share Expanding Across The Globe By 2019-2027
Posted by rohit on February 13th, 2020
A barcode printer is an electronic device that is typically used for printing barcode tags or labels, which can be attached to objects that are shipped. The barcode printer uses direct thermal or thermal transfer techniques to apply ink labels. Although direct thermal printers are less expensive, the labels produced by these printers can become illegible if exposed to chemical vapors or direct sunlight. On the basis of printing type, barcode printer is segmented into desktop barcode printer, mobile barcode printer, industrial barcode printer, and others. They are typically used in manufacturing industry, transportation, government, healthcare, commercial services, and retail.
The global barcode printers market was accounted for US$ 3,122.4 Mn in terms of value in 2018 and is anticipated to grow with a CAGR of 7.4% from 2019 to 2027.
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A number of manufacturers around the world are incorporating automation and streamlining their manufacturing processes, in order to reduce wastage and enhance the efficiency of output. This, in turn, has increased the adoption of barcodes significantly, as each product or part in the assembly is assigned barcode which is signed and recorded repeatedly at each workstation. As a result, this provides information on the progress of the product. This, in turn, has reduced production time significantly in the manufacturing process thereby driving the demand for barcode printers. Also, barcodes are extensively used in the retail industry to tag products where it can store key information such as manufacturing date, price, where it was manufactured, batch number, and more. This can help retailers to keep the record of their products and inventory on shops and warehouses. This, in turn, is expected to drive the market growth in the near future.
This report segments the global barcode printer market on the basis of Printer Type, Printing Technology, Consumables, Application, Distribution Channels and region. On the basis of printer type, the global barcode printer market is segmented into Desktop Barcode Printers, Industrial Barcode Printers,
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Key companies operating in the global barcode printers market are Zebra Technologies Corporation, Honeywell International, Inc., Toshiba TEC Corporation, SATO Holdings Corporation, Avery Dennison Corporation, GoDEX International Co., Ltd., Printronix, Inc., TSC Auto Id Technology Co., Ltd., Printek, Inc., Oki Electric Industry Co., Ltd., and Stallion Systems And Solutions Pvt. Ltd.
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About the Authorrohit
Joined: February 6th, 2020
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