Global Handheld Barcode Scanners Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Handheld Barcode Scanners Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Handheld Barcode Scanners market finds that the global Handheld Barcode Scanners market reached a value of USD 1415.43 million in 2022. It’s expected that the market will achieve USD 1978.83 million by 2028, exhibiting a CAGR of 5.74% during the forecast period.

Retail and Wholesale

Since scanners can read barcodes printed on paper labels or displayed on mobile phone screens, handheld barcode scanners are widely used in the retail industry. When choosing a scanner for commercial enterprises, the most important thing is to pay attention to the scanning speed and resolution. Compared with fixed scanners, handheld barcode scanners can scan one-dimensional and two-dimensional barcodes at extremely high speeds. Compared with other scanners, two-dimensional barcode scanning can be achieved without reducing the scanning quality or performance. And scanning can be achieved without aligning the barcode with the scanner, which means that users no longer have to spend time aligning the barcode with the scanner or pause between two scans, saving time and cost for commercial users and improving work effectiveness. And in recent years, the rapid popularization of QR code payment has stimulated the demand for scanners in the market. And if customers download mobile coupons and mobile membership cards, they can also scan the barcodes on their mobile phones. Even for damaged or unclear barcodes, it can be easily and quickly scanned one-time successfully.

Technical Barriers

In terms of R&D strength, barcode reading equipment is a technology-intensive industry. Optical system design, decoding algorithm and embedded software development requires long-term and continuous investment. After decades of accumulation, most of the competitors have formed a complete R&D system and mature technology realization path, complete technical reserves, but most of the enterprises have short development time, small scale of operation, and lack of sufficient strength to realize the R&D and innovation of products and technologies. This also restricts the development of the barcode recognition industry to a certain extent.

Region Overview:

In 2021, the share of the Handheld Barcode Scanners market in Americas stood at 38.78%.

Company Overview:

Honeywell is one of the major players operating in the Handheld Barcode Scanners market, holding a share of 21.98% in 2022.

Honeywell

Honeywell is a multinational company focusing on the production of consumer electronics, engineering and technical services and aerospace systems. Its handheld scanners can directly scan barcodes in the actual environment, even with poor quality and damaged barcodes. From retail high-density scanners to rugged rubber scanners used in warehouses and distribution centers, we produce solutions that meet specific problems and work environments.

Zebra Technologies

A computer peripheral manufacturing company listed on NASDAQ. Mainly engaged in bills, barcode label printers, RFID smart label printers, fixed or handheld barcode readers. Provide clear and accurate insights to guide them to take the best action. And real-time optimization of work flow, operation and decision-making in order to obtain effective and influential results. Authorize first-line businesses in retail/e-commerce, manufacturing, transportation and logistics, healthcare, public sector and other industries to achieve performance advantages.

Segmentation Overview:

As for product types, the 2D Imager Scanner segment held the largest market share in 2021.

Application Overview:

The market's largest segment by application is the segment Retail and Wholesale, with a market share of 32.65% in 2021.

Key Companies in the global Handheld Barcode Scanners market covered in Chapter 3:

Microscan
Newland
Zebex
MINDEO
Honeywell
CipherLAB
Zebra Technologies
Cognex
SICK
Datalogic
Code Corporation
SUNLUX IOT
Denso Wave
Argox
Bluebird
Opticon

In Chapter 4 and Chapter 14.2, on the basis of types, the Handheld Barcode Scanners market from 2018 to 2029 is primarily split into:

Laser Scanner
Linear Imager Scanner
2D Imager Scanner

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Handheld Barcode Scanners market from 2018 to 2029 covers:

Retail and Wholesale
Logistics and Warehousing
Industrial Manufacturing
Healthcare

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)