Barcode Scanner Market Research Report Information By Product Type (Portable/Handheld and Fixed Position), By End Use (Retail & Commercial, General Manufacturing, Healthcare, Logistics & Warehouse, Commercial Aviation, Defence, and Others), By Technology (Pen Type Reader, Laser Scanner, CCD (Charge Coupled Device) Readers, Camera Based Reader, Omni Directional Barcode Scanner, Smartphone Based Scanner, and RFID), By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

Global Barcode Scanner Market Overview

Barcode Scanner Market Size was valued at USD 8.5 Billion in 2022. The barcode scanner market industry is projected to grow from USD 9.08 Billion in 2023 to USD 15.495 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.90% during the forecast period (2023 - 2032).  Rising demand for retail and manufacturing industries is a major market driver that is predicted to boost the global barcode scanners market growth over the forecast period.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Barcode Scanner Market Trends

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  Rapid adoption in healthcare sector is driving the market growth

  
  

Patients' unique information is established on the barcode wristbands at the time of admission and is updated on a regular basis in response to their demands. Barcode labels are attached to all of the patient's documents, including prescriptions, test results, and medical reports. Furthermore, barcode technology verifies the treatment delivered to the patient, ensuring that the proper patient receives the right treatment and that it is continued. In the end, this guarantees patient safety and lowers errors. Using barcode technology, healthcare professionals can view all past notes and the medical data related to each patient's specific barcode label. Additionally, the usage of barcode solutions, electronic medical appliances and records, and advanced technology is becoming increasingly common in the healthcare sector. These innovations have all but replaced manual data collection. Thus, the need for barcode scanners in the medical field is growing quickly since the technology is showing to be an effective means of enhancing patient safety and lowering errors.

The main factor driving the business is the exponential rise in the usage of barcode scanners by suppliers, manufacturers, retailers, and vendors in a variety of sectors, including e-commerce, retail, logistics, and warehouse operations. For the purpose of collecting and storing product data, such as cost, selling price, expiration date, serial number, etc., it is the most important tool in these companies. This has led to an increase in the quantity of internet shops. Demand for barcode-based AIS (automatic identification system) technology is rising. In order to preserve medical records and avoid data errors, barcode scanners are becoming more and more popular in the healthcare sector.

In the warehouse sector, human error can have a significant financial impact. Barcode scanners are used in numerous warehouses and manufacturing companies for this reason. The ideal alternative to work done by humans is a barcode scanner. Errors made by the human when entering data into the system will affect every other activity. This is not the case with barcodes, which almost completely eliminate the chance of human error. In addition, barcode scans take less time and are more dependable and quick than human data entry. Barcodes that are scanned by scanners allow their visuals to be swiftly and precisely translated to a display in a computer program or on a portable device, all without the mistakes that are frequently connected to manual data entry. Furthermore, workers who use barcode systems also complete tasks far faster than those who enter data by hand. In many healthcare facilities, properly installed barcode scanning systems contribute to a decrease in drug errors. In conclusion, the application of barcode scanners has improved productivity across a range of industries and significantly decreased human error.

Thus, driving the barcode scanner market revenue.

Barcode Scanner Market Segment Insights

Barcode Scanner Product Type Insights

The Barcode Scanner Market segmentation, based on product type includes Portable/Handheld and Fixed Position. The portable/handheld segment dominated the market. The growing trend of miniaturization in the electronics industry, coupled with an increase in smartphone sales and the usage of wireless communication technologies, is one of the primary factors propelling the growth of the portable barcode scanner market. In the business world, wireless portable barcode scanners are becoming more and more necessary for scanning documents, cards, and receipts.

Figure 1: Barcode Scanner Market, by Product Type, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Barcode Scanner End Use Insights

The Barcode Scanner Market segmentation, based on end use, includes Retail & Commercial, General Manufacturing, Healthcare, Logistics & Warehouse, Commercial Aviation, Defence, and Others. The retail & commercial category generated the most income. The manufacturing and retail industries are rapidly utilizing barcode scanners. These days, a barcode scanner is among the best tools for obtaining product information. Retailers all across the world use barcodes to quickly record suppliers and merchandise. Barcodes are affixed to product labels to help track data about the product, such the number of items manufactured, the date of manufacture, the date of delivery to the merchant, the selling price, and so on.

Barcode Scanner Technology Insights

The Barcode Scanner Market segmentation, based on technology, includes Pen Type Reader, Laser Scanner, CCD (Charge Coupled Device) Readers, Camera Based Reader, Omni Directional Barcode Scanner, Smartphone Based Scanner, and RFID. The Camera Based Reader category generated the most income because of the growing need and acceptance of camera-based readers in the manufacturing, retail, e-commerce, and consumer products industries. Camera-based barcode readers can take a picture of a 1D or 2D barcode and use decoding algorithms to interpret the complicated data. A key driver of this segment's revenue growth is the growing number of mobile users worldwide.

Barcode Scanner Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American barcode scanner market area will dominate this market because the country is home to major online retailers like Walmart and Amazon. It is anticipated that the US barcode scanner market would be driven by the expansion of the warehousing sector. Additionally, it is projected that the barcode scanner market would rise during the forecast period in this due to the dense population and growing retail sector.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: BARCODE SCANNER MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe barcode scanner market accounts for the second-largest market share. In the European Union, automation use is growing quickly due to factors like growing labor costs and the demand for increased productivity and efficiency. Barcode scanners and other automated solutions are becoming more and more common in a variety of sectors, including retail, healthcare, and logistics. Further, the German barcode scanner market held the largest market share, and the UK barcode scanner market was the fastest growing market in the European region

The Asia-Pacific Barcode Scanner Market is expected to grow at the fastest CAGR from 2023 to 2032 due to a number of factors, including the expansion of the region's manufacturing base, more automation use, supportive government programs, and advancements in technology. Due to the rapidly industrializing Asia Pacific countries, positive growth in this field is anticipated in the upcoming years. Moreover, China’s barcode scanner market held the largest market share, and the Indian barcode scanner market was the fastest growing market in the Asia-Pacific region.

Barcode Scanner Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the barcode scanner market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, barcode scanner industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global barcode scanner industry to benefit clients and increase the market sector. In recent years, the barcode scanner industry has offered some of the most significant advantages to medicine. Major players in the barcode scanner market are attempting to increase market demand by investing in research and development operations includes Motorola Solutions, Honeywell, Newland, SaintWindsor, Zebra Technologies, Intermec, Cipherlab, Opticon, Datalogic, and Bluebird.

Mobile computing devices, barcode printers, and information solutions are all provided by Zebra Technologies Corp. (Zebra Technologies). A few of the products offered by the company are mobile computers, RFID readers, barcode scanners, and speciality printers for labels, personal identity, and barcode labeling. In addition to manufacturers and merchants, it provides services to the government, healthcare facilities, warehouse and distribution, energy and utility organizations, transportation, and logistics firms. Together with cloud-based subscriptions, Zebra Technologies also provides managed, repair, maintenance, and technical support services.

The engineering and technology corporation Honeywell International Inc. The business develops and produces solutions that tackle issues related to energy, security, safety, productivity, and urbanization worldwide. Honeywell provides sophisticated materials, electronic and electronic goods, energy-efficient products and solutions, specialty chemicals, process technologies, productivity, safety and security technology, and spare parts. Along with managerial and technical services, it also offers maintenance, overhaul, and repair services.

Key Companies in the barcode scanner market include

• Motorola Solutions


• Honeywell


• Newland


• SaintWindsor


• Zebra Technologies


• Intermec


• Cipherlab


• Opticon


• Datalogic


• Bluebird

Barcode Scanner Industry Developments

April 2023: After acquiring Compressor Controls Corporation, Honeywell led its automation and controls portfolio, accelerating the energy transition. By strengthening Honeywell's position as a leader in industrial control, automation, and process solutions, the purchase will be incorporated into the company's Process Solutions division and help clients expedite their energy transition.

November 2022: The leading provider of automation solutions in the industry, Omron Automation Americas, is pleased to welcome PPD Automation as a new partner. PPD Automation has been adding Omron collaborative and mobile robot expertise to its portfolio of robotics solutions.

Barcode Scanner Market Segmentation:

Barcode Scanner Product Type Outlook

• Portable/Handheld


• Fixed Position

Barcode Scanner End Use Outlook

• Retail & Commercial


• General Manufacturing


• Healthcare


• Logistics & Warehouse


• Commercial Aviation


• Defence


• Others

Barcode Scanner Technology Outlook

• Pen Type Reader


• Laser Scanner


• CCD (Charge Coupled Device) Readers


• Camera Based Reader


• Omni Directional Barcode Scanner


• Smartphone Based Scanner


• RFID

Barcode Scanner Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America