The computer peripherals used to print barcode labels that can be printed directly or can be attached to physical objects. The various applications of barcodes are hospital and healthcare settings, creating soap notes, patient identification etc. The key benefits of barcodes are accuracy, efficiency and consistency. Barcode printers use thermal transfer techniques to apply ink to the labels. The barcode thermal transfer printers deploy ink ribbons for the application of barcode into the label directly whereas thermal transfer printer use heat energy to blacken the barcode on the label. Barcode printers are designed according to the use and type of market. Large warehouses and manufacturing facilities deploy industrial barcode since it has large paper capacities, have a longer service life and operate faster whereas desktop barcode printers are mostly used in office and retail environments. Barcode printers are used in different terminals like retail, manufacturing, commercial and others. Barcode printers provide fast and feasible service with cost effectiveness, reliability, ease of accessibility, scanability, high durability and sharp printing quality.
Global Barcode Printers Market: Segmentation
The global barcode printers market can be segmented on the basis of printer type, print technology, application and geography. On the basis of printer type, the global barcode printers market can be segmented into desktop barcode printers, mobile barcode printers and industrial barcode printers. Considering print technology, the global barcode printers market can be segmented into thermal barcode printers and non-thermal barcode printers. On account of application, the global barcode printers market can be segmented into retail, chemical, healthcare, manufacturing and shipping. On the basis of geography, the global barcode printers market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan and Middle East and Africa.
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Global Barcode Printers Market: Drivers
The global barcode printers market is driven by various factors including rise in standard of living, increased e-commerce and logistics market etc. Moreover, economic growth and increasing healthcare industry is also fuelling the growth of the global barcode printers market. Due to the cost effectiveness of barcode printers, emerging regions are the key areas helping in driving the market due to low penetration of technology. Increasing FSCG market and increasing transportation is also pumping the overall growth of the global barcode printers market.
Global Barcode Printers Market: Restraints
The major challenge in the global barcode printers market is difficulty in scanning and issues in cleaning. Moreover, increasing adoption of Radio Frequency Identification (RIFD) is posing a serious challenge to the global barcode printers market.
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Global Barcode Printers Market: Trends and Opportunities
Advancement in technology, introduction of new technology printers like CL4NX, increased share of industrial products, new entrants and production of watermarked barcodes techniques are some of the key trends prevailing in the global barcode printers market. Pricing through barcodes can be a bright opportunity for the global barcode printers market to grow.
Global Barcode Printers Market: Key Players
Some of the major companies involved in the manufacturing of barcode printers are 3S industries, TSC Printers, Zebra Technologies Corporation, Digimac Corporation, Honeywell (Intermec), SATO Corporation, Toshiba Tec, Avery Dennison, Oki Electric Industry Co. Ltd., Printek Inc, Dascom, Printronix.