Market Analysis: Global RFID and Barcode Printer Market
The global RFID and barcode printer market accounted for USD 4.10 billion in 2016 growing at a CAGR of 6.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global RFID and Barcode Printer Market
RFID and barcode printers are used to print tags and labels. RFID and barcode printers provide an easy detection path in order to track the pricing information, and business inventory which in turn helps in improving the productivity of the business. RFID is same as any other barcode printer. It can be used independently because RFID does not need any label system. It has an additional feature of RF-Information-Encoding. The labels used in RFID-Printers are on the one printable side and other side has RFID tag. RFID-Tag is encodedthrough RFID-Writer-devices such as mobile devices having RFID features. It has its wide application in manufacturing, retail, transportation & logistics, healthcare, government, entertainment, and others. Growth of e-commerce industry may act as a major driver in the growth of RFID and barcode printers market. On the other side, poor image quality of barcode labels may hinder the market.
Major Market Drivers & Restraints:
- Need for improvement in inventory management
- Growth of e-commerce industry
- Need for high accuracy and reduction of human errors
- Heat settings of the barcode printer
- Poor image quality of barcode labels
Market Segmentation: Global RFID and Barcode Printer Market
The global RFID and barcode printer market is segmented on the basis of type into barcode and RFID printers. The barcode and RFID printers segment is further sub segmented into industrial printers, desktop printers, and mobile printers.
On the basis of Printing Technology, the global RFID and barcode printer market is segmented into thermal transfer, direct thermal, and inkjet.
On the basis of Printing Resolution, the global 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, theglobal RFID and barcode printer market is segmented into ethernet, bluetooth, serial and parallel, and universal serial bus (USB).
On the basis of application, the global RFID and barcode printer market into manufacturing, retail, transportation and logistics, healthcare, government, entertainment and others.
On the basis of geography, the global RFID and barcode printer market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Company Share Analysis: Global RFID and Barcode Printer Market
The report for global RFID and barcode printer market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Major Market Competitors: Global RFID and Barcode Printer Market
Some of the major players of the global RFID and barcode printer market are Bixolon,Brother International Corporation,cab Produkttechnik GmbH & Co KG,CITIZEN SYSTEMS JAPAN CO.,LTD,CognitiveTPG,Dascom,Data Capture Systems Co. LLC.,GoDEX International Co.,Ltd.,Honeywell International Inc., Kroy LLC,Linx Printing Technologies,Oki Data Americas, Inc., Postek Electronics Co., Ltd.,Primera Technology, Inc., Labeltac, SATO Holdings Corporation, Star Micronics Co., Ltd., Seiko Epson Corporation,Tharo Systems, Inc., TOSHIBA TEC CORPORATION, TSC Auto ID Technology Co., Ltd., Wasp Barcode Technologies,ZIH Corp and others.
Research Methodology: Global RFID and Barcode Printer Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted 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 can drop down your enquiry.
Some of the key research methodologies used by DBMR Research team is Vendor Positioning Grid, Technology Life Line Curve, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Company Sales In Terms Of Hardware, Software, And Services Availed, Multivariate Modeling, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about of research skills drop an inquiry to speak to our industry experts.