Barcode Printer

Barcode Printer Market - Size, Share, Outlook, and
Opportunity Analysis, 2018 – 2025
Barcode represents data which is machine readable and gives information about the
physical object to which it is attached. Barcode symbol is in the form of white spaces
and black parallel lines, which has width and spacing in between them. There are
various types of barcode among which Universal Product Codes (UPC), code128,
and code 39 are the most popular types of barcode across the globe. Barcode
printer is a computer operated device used to print the barcode labels on physical
objects. They have high speed and power, which enhances its quality and provides
durability so that it is possible to use it in any environment.
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Barcode printer uses two different technologies for printing barcode, which include
thermal printing and thermal transfer printing process. In thermal printing process,
printed image is produced by heating thermal paper whereas in thermal transfer
printing image is produced by melting a coating of ribbons so that it stays glued to
the material on which print is applied.
Driving factors for Barcode Printer market
Barcode printer has applications in manufacturing, transportation and logistics, retail,
and shipping. These printers have large paper capacities and operate faster as
compared to other conventional printer, which has led to increase in demand for
barcode printer. In healthcare sector, safety of patients and high quality services is
the major focus of many hospitals services for which barcode printer technology
provides adequate services. Furthermore, barcode printers are used in blood bank
and pharmacy labeling, which is fueling growth of the barcode printer market in
hospitals. Furthermore, it reduces medical errors, as it identifies the medications at
unit dose level for dispensing.
The adoption of barcode printers in manufacturing operations has witnessed
considerable increase to get more assistance to track the products’ progress and to
provide assembly as well as warehouse instructions. In manufacturing facilities,
especially conveyors, barcodes detect route of the product line on a conveyor to
receive the further integrations of components.
Mobile barcode printers are portable and provide high quality receipts. Furthermore,
these barcode printers are connected to computer or smart devices by using
wireless technology such as Bluetooth or Wi-Fi, which is propelling demand for
mobile barcode printer technology.
Radio Frequency Identification (RFID) technology is similar to barcode technology.
However, it does not requires label to read. Furthermore, it is more efficient and
secure as compared to barcode printer, which is propelling demand for RFID
technology over barcode printer technology, in turn inhibiting growth of barcode
printer market. Moreover, barcode printers are not compatible with many operating
systems, which reduces their operational efficiency, in turn restraining barcode
printer market growth.
Regional Analysis of Barcode Printer Market
North America and Europe contribute the largest market share in barcode printer
technology and are matured markets as consumers are aware regarding use of
barcode printers for various applications in industries, such as healthcare,
transportation, and logistics.
Asia Pacific is expected to witness fastest growth in barcode printer market during
the forecast period. Growth in retail, manufacturing, and transportation infrastructure
industry in countries such as India, China, and others leads to increasing use of
barcode printer. For instance, as per India Brand Equity Foundation manufacturing
sector in India was estimated to have witnessed growth of 4.34% between FY 2012
to 2018 and is expected to contribute around US$ 388.01 billion in 2017-18. Another
major reason for growth of barcode printer technology in this region is increasing use
of advanced technologies in industries.
​Key Players in Barcode Printer Market
Major key players operating in the barcode printer market include Zebra
Technologies (U.S.), Toshiba Tec corporation (Japan), Avery Dennison, Honeywell
Scanning & Mobility, SATO Holdings Corporation(Japan), Oki Electric Industry Co.
Ltd., Printek Inc., Printronix, Dascom printer, Seiko Epson Corporation, Godex
International Co. Ltd, and Avery Dennison.
Segmentation of Barcode Printer Market
Barcode printer market is segmented on the basis of product, technology, resolution,
connectivity, application, and region.
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The research report on Barcode Printer Market is segmented by Product Type by Technology, by Resolution, by Connectivity, by Applications, by Region - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025