Barcode Printers Market in Direct Thermal Printer Sector to grow at 9.5% CAGR from 2015 to 2022

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Global Barcode Printers Market to exceed 4.51bn
by 2022 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights of Barcode Printers Market

• 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. According to Global Market Insights,
  Inc., Barcode printer market is set to witness
  an annual growth rate of 8.6 over the period of
  2015-2022.
• 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.

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Continued

• 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.
• With an error rate of one per 3 million
  characters, barcode printer are paving their way
  in the healthcare sector, which is estimated to
  register a revenue of over USD 600 million by
  2022. Extensive usage of these devices to
  eliminate medical errors and efficiently track
  the patients ID systems, specimen collection,
  point-of-care medication, and surgical procedures
  is likely to boost barcode printer industry
  share. Retail, government, and shipping are other
  prominent application segments witnessing
  lucrative growth prospects over the coming five
  years.
• The retail sector is anticipated to register a
  CAGR of 10.2 over the period of 2015-2022.
  Barcode printer and portable printers have a firm
  grasp in retail sector, where these devices
  contribute to conduct efficient business. The
  growth in POS terminals market and retail POS
  terminals market is set to bring a noticeable
  surge in barcode printer industry trends.

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EMEA barcode printers market size by application,
2012 - 2022 (USD Million)

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Continued

• Direct thermal printing is found suitable for
  short-shelf applications such as shipping
  receipts and labels. Its enhanced image
  durability and ability to perform in mission
  critical applications is likely to propel the
  direct thermal barcode printer market. Laser,
  inkjet, thermal transfer, and impact are other
  technologies which are predicted to grow at an
  average rate in the coming years.
• North America barcode printer market is foreseen
  to continue its rule over the coming seven years,
  having had 30 of global market share in 2014.
  Rising demand of barcode printer, particularly
  from the United States is mainly influencing the
  regions growth prospects.
• Growing base for MNCs and retail infrastructure
  in Asia Pacific is likely to contribute toward
  the barcode printer industry share. Increasing
  demand across the end use industries and
  establishment of production facilities in
  emerging economies is also propelling the
  regional growth.
• Major barcode printer industry participants
  include Honeywell, Zebra Corporation, Canon Inc.,
  and HP. Mergers acquisitions are the key
  strategies adopted by market players in order to
  expand the business and continue their prominence
  across the globe.

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Table of Contents

• Chapter 1 Methodology and Scope
• 1.1 Research Methodology
• 1.1.1 Initial data exploration
• 1.1.2 Statistical modeling and forecast
• 1.1.3 Industry insights and validation
• 1.2 Data Sources
• Chapter 2 Executive Summary
• 2.1 Barcode printers industry 360 synopsis,
  2012 - 2022

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Continued

• Chapter 3 Barcode Printers Industry Insights
• 3.1 Industry Segmentation
• 3.2 Industry Size and forecast
• 3.3 Industry ecosystem analysis
• 3.4 Industry Impact forces
• 3.4.1 Growth drivers
• 3.4.2 Industry pitfalls challenges
• 3.5 Growth potential analysis
• 3.6 Porter's analysis
• 3.7 Key competitor analysis, 2014
• 3.8 PESTEL analysis

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