About Industrial Barcode Scanners
Data capture is the practice of identifying and extracting data for further use. Data capture devices such as barcode scanners or readers and magnetic stripe readers or RFID technology are used to automate data collection. These devices do not require any manual typing or key punching for data collection.
Barcode scanning is one of the most highly used automatic data capture (ADC) technologies in the market. The original forms of barcodes are known as 1D barcodes. In 1D barcodes, data is represented in the form of parallel lines of varying widths and spaces between them. These have evolved into dots, rectangles, hexagons, and other geometric patterns in two dimensions and are known as 2D barcodes. These barcodes are attached to objects to accurately retrieve data. Barcode scanners are used to retrieve data from barcodes. This report focuses on barcode scanners that are used for the industrial sector, including the manufacturing sector.
Technavio’s analysts forecast the global industrial barcode scanner market to grow at a CAGR of 6.13% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial barcode scanner market for 2016-2020. To calculate the market size, the report considers total shipments of industrial barcode scanners (including rugged and wearable barcode scanners) for the industrial sector (manufacturing). The industrial barcode scanners considered in the report are 2D imagers, linear imagers, and laser scanners.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Industrial Barcode Scanner Market 2016-2020
Technavio recognizes the following companies as the key players in the global Industrial bar code scanner market: Honeywell International, Zebra Technologies, and Datalogic.
Other Prominent Vendors in the market are: Aceeca, Advantech, Bluebird, CIPHERLAB, DENSO, Eurotech, Fujitsu, Generalscan, Handheld Group, Juniper Systems, NCR, Optican, RIOTEC, Shenzhen Unique Electronic International, TouchStar Technologies, and ZEBEX Industries.
Commenting on the report, an analyst from Technavio’s team said: “An encouraging trend for vendors in this market is the high growth potential in emerging markets. When they were introduced, rugged industrial handheld devices were popular and adopted primarily in developed nations such as the US and Europe. In developing nations such as Indonesia, China, and India, these devices were targeted at the niche segment, particularly large enterprises and government organizations. The market for such devices in developing nations was limited due to lack of awareness about the benefits of barcode scanners in improving efficiency by tracking inventory and product flow. However, with the growing economy and the increase in industrial growth in emerging markets, industrial barcode scanner vendors are focusing on capturing these untapped markets during the forecast period. Therefore, market vendors are expanding their reach and will capture the market share in developing countries.”
According to the report, a key growth driver is the need for accuracy in data capture and storage. The importance of accurate data capture and storage is increasing in the global industrial barcode scanner market. A single wrong entry can lead to loss of revenues or tarnish the brand image of an organization. Being more reliable and accurate, industrial barcode scanners are replacing manual data entry systems, thereby eliminating human error.
Further, the report states that one challenge that could hinder market growth is the need for high capital investment before barcode scanners can be used.
Honeywell International, Zebra Technologies, Datalogic, Aceeca, Advantech, Bluebird, CIPHERLAB, DENSO, Eurotech, Fujitsu, Generalscan, Handheld Group, Juniper Systems, NCR, Optican, RIOTEC, Shenzhen Unique Electronic International, TouchStar Technologies, ZEBEX Industries.
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