Global Rfid Barcode Printer Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2022 –2028 |
 Market Size (Base Year) |
|
 Market Size (Forecast Year) |
USD 5.93 Billion |
 CAGR |
% |
| Major Markets Players |
|
Global RFID and Barcode Printer Market, By Type (Barcode & RFID Printers), Printing Technology (Thermal Transfer, Direct Thermal, Inkjet), Printing Resolution (Below 300 dpi, Between 301 and 600 dpi, Above 601 dpi), Connectivity Type (Ethernet, Bluetooth, Serial and Parallel, Universal Serial Bus), Application (Manufacturing, Retail, Transportation and Logistics, Healthcare, Government, Entertainment, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Radio Frequency Identification (RFID) and Barcode Printer Market
The radio frequency identification (RFID) and barcode printer market is expected to witness market growth at a rate of 5.98% in the forecast period of 2021 to 2028. Data Bridge Market Research report on radio frequency identification (RFID) and barcode printer market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in the use of product in various industries globally is escalating the growth of radio frequency identification (RFID) and barcode printer market.
The RFID printer or, radio frequency identification printer refers to a device that assists in printing labels of encoded digital data in bars code or numeric format. This encoded label tends to get decoded when gets scanned by a Bar Code scanner or an RFID reader. The process is defined as secure, faster and digital than any other method for designating the identity of packaged goods and transportable.
The increase in need for improvement in inventory management across the globe acts as one of the major factors driving the growth of radio frequency identification (RFID) and barcode printer market. The rise in installation of RFID and barcode systems in manufacturing units for enhancing productivity to tackle impact of COVID-19, and increase in use for printing labels ticket and received in the hospitals, retail and Healthcare Centre Sectors accelerate the market growth. The increase in demand for radio frequency identification (RFID) and barcode printer owning to various features such as robustness, ruggedness, durability and easy to use and connect with mobile devices with flexible connectivity options, and use of RFID and barcode printers in flourishing global e-commerce industry further influence the market. Additionally, concerns regarding security risks, rising digitization, and use of RFID and barcode printers in supply chain industry positively affect the radio frequency identification (RFID) and barcode printer market. Furthermore, adoption of RFID and barcode tags enabled by Industry 4.0, IoT, and smart manufacturing extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, poor image quality of barcode labels and stringent printing regulations are expected to obstruct the market growth. High heat settings of barcode printers can lead to smudged bar lines, and Low contrast of RFID and barcode elements are projected to challenge the radio frequency identification (RFID) and barcode printer market in the forecast period of 2021-2028.
This radio frequency identification (RFID) and barcode printer market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info radio frequency identification (RFID) and barcode printer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Radio Frequency Identification (RFID) and Barcode Printer Market Scope and Market Size
The radio frequency identification (RFID) and barcode printer market is segmented on the basis of type, printing technology, printing resolution, connectivity type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the radio frequency identification (RFID) and barcode printer market is segmented into barcode and RFID printers.
- On the basis of printing technology, the radio frequency identification (RFID) and barcode printer market is segmented into thermal transfer and direct thermal, and inkjet.
- On the basis of printing resolution, the radio frequency identification (RFID) and barcode printer market is segmented into below 300 dpi, between 301 and 600 dpi and above 601 dpi.
- On the basis of connectivity type, the radio frequency identification (RFID) and barcode printer market is segmented into Ethernet, Bluetooth, serial and parallel and universal serial bus.
- On the basis of application, the radio frequency identification (RFID) and barcode printer market is segmented into manufacturing, retail, transportation and logistics, healthcare, government, entertainment and others.
Radio Frequency Identification (RFID) and Barcode Printer Market Country Level Analysis
The radio frequency identification (RFID) and barcode printer market is analyzed and market size, volume information is provided by country, type, printing technology, printing resolution, connectivity type and application as referenced above.
The countries covered in the radio frequency identification (RFID) and barcode printer market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the radio frequency identification (RFID) and barcode printer market due to the established retail, transportation and logistics, manufacturing and industrial, and healthcare and hospitality within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the expansion of various industries in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Radio Frequency Identification (RFID) and Barcode Printer Market Share Analysis
The radio frequency identification (RFID) and barcode printer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to radio frequency identification (RFID) and barcode printer market.
The major players covered in the radio frequency identification (RFID) and barcode printer market report are Brother., AVERY DENNISON CORPORATION, Bixolon, cab Produkttechnik GmbH & Co KG, Citizen Systems Europe, CognitiveTPG, LLC, Data Capture Systems, GoDEX International Co., Ltd., Honeywell International Inc., Kroy LLC, Linx Printing Technologies, Zebra Technologies Corp., Toshiba Tec Corporation, STAR MICRONICS CO., LTD., TSC Auto ID Technology Co., Ltd., SATO HOLDINGS CORPORATION, Wasp Barcode Technologies, Tharo Systems, Inc., Primera Technology, LabelTac.com, Seiko Epson Corporation, Postek Electronics Co., Ltd., and Oki Data Americas, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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