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<strong>Barcode</strong> <strong>Printers</strong> <strong>Market</strong> share to grow at 8.6% from<br />
2015 to 2022: Global <strong>Market</strong> Insights Inc.<br />
According to industry research report “<strong>Barcode</strong> <strong>Printers</strong> <strong>Market</strong> Size By<br />
Technology (Laser, Ink-Jet, Impact, Direct Thermal, Thermal Transfer), By<br />
Product (Desktop, Mobile, Tabletop/Industrial), By Application (Retail,<br />
Manufacturing, Shipping, Government, Healthcare), Industry Analysis Report,<br />
Regional Outlook, Application Potential, Competitive <strong>Market</strong> Share & Forecast,<br />
2015 – 2022”, global barcode printers market share to hit USD 4.51 billion by 2022;<br />
as per a new research report by Global <strong>Market</strong> Insights, Inc.<br />
<strong>Barcode</strong> printers market revenue is anticipated to grow considerably over the coming<br />
five years, driven by rising demand for portable scanners, thermal mobile printers, and<br />
portable printers. Moreover, rapid technological breakthroughs have further<br />
contributed towards the growing popularity of barcode printers across healthcare,<br />
retail, government, shipping, and manufacturing sectors. Rising trend of IoT, RFID,<br />
and NFC technologies are expected to open new vistas for barcode printers industry<br />
over the next few years.<br />
Manufacturing sector is one of the major application areas, expected to create high<br />
growth opportunities for the industry over the coming years. As per the research study,<br />
manufacturing sector contributed over 35% of global barcode printers market share in<br />
2014, driven by wide application of barcode printers in inventory control & labelling<br />
and tracking of work-in-progress activities.<br />
<strong>Barcode</strong> printers market value in the retail sector is expected to surpass USD 800<br />
million by 2022, driven by its wide use in shelf labelling, price-tag printing, product<br />
labelling, and point-of-sale. Furthermore, many of the retail stores offer facilities such<br />
as receipt printing and payment processing by using printers and scanners. Moreover,<br />
extensive use of barcode printers in patient ID systems, patient data tracking, and<br />
patient care activities is expected to drive the industry revenue in the healthcare<br />
sector.<br />
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Industrial, desktop, and mobile printers are the major products of barcode printers<br />
market. Industrial barcode printers market, which contributed towards 60% of the<br />
overall revenue in 2014, is predicted to dominate the product landscape over the<br />
coming five years. High product demand across warehouse & order labelling<br />
applications is expected to influence the industry growth. Mobile barcode printers<br />
industry size is expected to grow considerably over the coming timeframe, owing to its<br />
use in printing receipts, tickets, and labels.<br />
<strong>Printers</strong> making use of laser, thermal transfer, ink-jet, impact, and direct thermal<br />
technologies are expected to impact the revenue prospects of the industry over the<br />
coming years. Thermal transfer barcode printers market is projected to cross the<br />
revenue of USD 1.7 billion by 2022. Direct thermal barcode printers industry is<br />
expected to grow at a rate of 9.7% over the period of 2015-2022, driven by its ability<br />
to create a durable image on printing materials along with its growing use in printing<br />
shipping labels as well as receipts.<br />
North America barcode printers industry is expected to dominate the global share over<br />
the coming years. U.S is expected to contribute significantly towards the regional<br />
revenue.<br />
High capital investments by multinational corporations across retail and industrial<br />
sectors is expected to drive the APAC barcode printers industry size. Furthermore, the<br />
growing presence of production units in the region is expected to boost the regional<br />
growth.<br />
Key industry participants include SATO Holdings Corporation, Dascom, Toshiba Tec<br />
Corporation, Honeywell Safety and Productivity Solutions, Avery Dennison Company,<br />
Zebra Technologies, Printronix, Printek, and Dascom.<br />
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EMEA barcode printers market size by application, 2012 - 2022 (USD Million)<br />
Browse key industry insights spread across 119 pages with 44 market data tables &<br />
37 figures & charts from the report, “<strong>Barcode</strong> <strong>Printers</strong> <strong>Market</strong>” in detail along with<br />
the table of contents:<br />
https://www.gminsights.com/industry-analysis/barcode-printers-market-size<br />
Below are the key trends in the barcode printers market to watch for in the<br />
coming five years<br />
• Thermal mobile printers are deployed on a large scale by various firms as they<br />
are cost-effective and help in enhancing the work throughput.<br />
• Manufacturing sector dominated the application landscape in 2014 and can<br />
continue to lead the market share over the coming years.<br />
• Industrial barcode printers will continue to dominate the product segment over<br />
2015-2022, with revenue projected to cross USD 2.8 billion by 2022.<br />
• Thermal transfer barcode technology is expected to dominate the technology<br />
landscape.<br />
• North America, contributing nearly 30% of overall revenue in 2014, to continue<br />
dominating the regional landscape over the next five years.<br />
• Key industry players will try to enhance their sale and regional presence by<br />
adopting business growth strategies such as mergers & acquisitions.<br />
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Table Content of <strong>Barcode</strong> <strong>Printers</strong> <strong>Market</strong>:<br />
Chapter 1<br />
Methodology and Scope<br />
1.1 Research Methodology<br />
1.1.1 Initial data exploration<br />
1.1.2 Statistical modeling and forecast<br />
1.1.3 Industry insights and validation<br />
1.2 Data Sources<br />
Chapter 2<br />
Executive Summary<br />
2.1 <strong>Barcode</strong> printers industry 360° synopsis, 2012 - 2022<br />
Chapter 3<br />
<strong>Barcode</strong> <strong>Printers</strong> Industry Insights<br />
3.1 Industry Segmentation<br />
3.2 Industry Size and forecast<br />
3.3 Industry ecosystem analysis<br />
3.4 Industry Impact forces<br />
3.4.1 Growth drivers<br />
3.4.2 Industry pitfalls & challenges<br />
3.5 Growth potential analysis<br />
3.6 Porter's analysis<br />
3.7 Key competitor analysis, 2014<br />
3.8 PESTEL analysis<br />
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About Global <strong>Market</strong> Insights<br />
Global <strong>Market</strong> Insights, Inc., headquartered in Delaware, U.S., is a global market<br />
research and consulting service provider; offering syndicated and custom research<br />
reports along with growth consulting services. Our business intelligence and industry<br />
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specially designed and presented to aid strategic decision making. These exhaustive<br />
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biotechnology.<br />
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