Request Sample of Report @ http://bit.ly/2mvnfRO Barcode wristbands find application in public events, since this modality prevents damage or loss of the ticket and helps the authrorities identify spectators in case of an emergency. However, threat of substitute is expected to hinder the industry growth over the next seven years. Key barcode printers market share participants include Toshiba Tec, Avery Dennison, SATO Holdings Corporation, Honeywell Scanning & Mobility, Zebra Technologies, Printek, Printronix, and Dascom.
Global Barcode Printers Market to grow at 8.6% CAGR from 2015 to 2022: Fractovia.org The report “Barcode Printers Market Size By Technology (Laser, Ink-Jet, Impact, Direct Thermal, Thermal Transfer), By Product (Desktop, Mobile, Tabletop/Industrial), By Application (Retail, Manufacturing, Shipping, Government, Healthcare), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2015 – 2022” by Global Market Insights, Inc. says that global barcode printers market share with 8.6% CAGR expectations over the forecast period to reach USD 4.51 billion by 2022. Industrial barcode printer market to have an upper hand over the coming years. Barcode technology, one of the most prominent means of information storage, is being heavily deployed across varied sectors, barcode printer industry being one of the significant names. Heavy demand from the rapidly expanding manufacturing and retail sectors coupled with increasing requirement for portable printers and scanners, easy payment processing, and mobile checkouts will fuel barcode printer market expansion. Industrial barcode printer have a widespread application in warehouse labeling and order labeling. This segment is foreseen to dominate the product landscape and is expected to surpass a revenue of USD 2.8 billion by 2022. Thermal mobile printer is a lucrative product type and finds remarkable usage in the portable printing of tickets, labels, receipts. This product is gaining popularity, particularly in organizations for workforce assistance, owing to its advantage of printing irrespective of the time and location. In 2014, manufacturing application accounted for 35% of global barcode printer industry. Barcode printer are widely used in the manufacturing sector for tracking work in progress activities, inventory labeling, and establishing inventory control. 1 | P a g e