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According to the latest research, the global QR and Bar Code Readers market size was valued at USD 4029.57 million in 2022 and is expected to expand at a CAGR of 5.56% during the forecast period, reaching USD 5574.76 million by 2028.
QR and Bar Code Readers are handheld or fixed hardware devices used to read and record barcode information. These readers have a reading device for reading the information contained in the bar code. Using optical principles, the content of the bar code is decoded and then transmitted to a computer or other device via a data line or wirelessly.
Influence of COVID-19 Outbreak on QR and Bar Code Readers Industry Development
The industrial chain is affected
The impact of pneumonia epidemic in COVID-19 on the global QR and Bar Code Readers industry involves all major links and entities in the industrial chain. Under the epidemic situation, the management efficiency of the company declined, commuting was severely hindered, the production plan was severely hindered, the network expansion and marketing were delayed, the brand was forced to adjust, the market sales declined, and the income of the company and employees was damaged.
SMEs face challenges The pneumonia epidemic in COVID-19 has greatly affected the global QR and Bar Code Readers industry, especially the aftersales operation of small and medium-sized enterprises. Stopping production not only aggravates the shortage of funds for small and medium-sized enterprises, but also reduces the solvency of enterprises, which may affect production and sales. Some enterprises have difficulties in operation and even go bankrupt. The epidemic situation has seriously affected the logistics and transportation, and the transportation of raw materials is difficult. The industrial chain of SMEs is imperfect and fragile.
The production cost of enterprises increases
With the gradual control of the epidemic, some factories began to resume operation. However, enterprises need to protect the life and health of employees while operating production, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after production, and testing the body temperature of employees every day to ensure their health. These measures will increase production costs and affect the development of enterprises.
Region Overview:
From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:
Company Name Heneywell is one of the major players operating in the QR and Bar Code Readers market, holding a share of 22.99% in 2020.
Honeywell is a Fortune 100 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy. It primarily operates in four areas of business: aerospace, building technologies, performance materials and technologies (PMT), and safety and productivity solutions (SPS).
Zebra Technologies Corporation is an American company that manufactures and sells marking, tracking and computer printing technologies. Its products include thermal barcode label and receipt printers, RFID smart label printers/encoders/fixed readers/antennas, and card and kiosk printers that are used for barcode labeling, personal & handheld identification and specialty printing principally in the manufacturing supply chain, retail, healthcare and government sectors.
Segmentation Overview:
Among different product types, 2D Camera segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Retail segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the QR and Bar Code Readers industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of QR and Bar Code Readers. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global QR and Bar Code Readers Market Report Include:
Market Size Estimates: QR and Bar Code Readers market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: QR and Bar Code Readers market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the QR and Bar Code Readers market
Segment Market Analysis: QR and Bar Code Readers market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: QR and Bar Code Readers market situations and prospects in major and top regions and countries
QR and Bar Code Readers Market
QR and Bar Code Readers Industry Chain: QR and Bar Code Readers market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
QR and Bar Code Readers Industry News, Policies by regions
QR and Bar Code Readers Industry Porters Five Forces Analysis
Key players in the global QR and Bar Code Readers market are covered in Chapter 2:
Leuze Electronic
Datalogic
Keyence Corporation
Generalscan
Siemens
SICK
Opticon
Pepperl+Fuchs
Panasonic
RIOTEC
ZEBEX
Heneywell
Zebra Technologies
Code Corporation
IRIS
Denso
Cognex
Omron
In Chapter 6 and Chapter 9, on the basis of types, the QR and Bar Code Readers market from 2018 to 2028 is primarily split into:
Pen-Type Scanners
Laser Scanners
LED Scanners
2D Camera
In Chapter 7 and Chapter 10, on the basis of applications, the QR and Bar Code Readers market from 2018 to 2028 covers:
Retail
Industry
Logistics
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global QR and Bar Code Readers market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the QR and Bar Code Readers industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of QR and Bar Code Readers market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the QR and Bar Code Readers industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on QR and Bar Code Readers market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the QR and Bar Code Readers market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed QR and Bar Code Readers market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
QR and Bar Code Readers are handheld or fixed hardware devices used to read and record barcode information. These readers have a reading device for reading the information contained in the bar code. Using optical principles, the content of the bar code is decoded and then transmitted to a computer or other device via a data line or wirelessly.
Influence of COVID-19 Outbreak on QR and Bar Code Readers Industry Development
The industrial chain is affected
The impact of pneumonia epidemic in COVID-19 on the global QR and Bar Code Readers industry involves all major links and entities in the industrial chain. Under the epidemic situation, the management efficiency of the company declined, commuting was severely hindered, the production plan was severely hindered, the network expansion and marketing were delayed, the brand was forced to adjust, the market sales declined, and the income of the company and employees was damaged.
SMEs face challenges The pneumonia epidemic in COVID-19 has greatly affected the global QR and Bar Code Readers industry, especially the aftersales operation of small and medium-sized enterprises. Stopping production not only aggravates the shortage of funds for small and medium-sized enterprises, but also reduces the solvency of enterprises, which may affect production and sales. Some enterprises have difficulties in operation and even go bankrupt. The epidemic situation has seriously affected the logistics and transportation, and the transportation of raw materials is difficult. The industrial chain of SMEs is imperfect and fragile.
The production cost of enterprises increases
With the gradual control of the epidemic, some factories began to resume operation. However, enterprises need to protect the life and health of employees while operating production, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after production, and testing the body temperature of employees every day to ensure their health. These measures will increase production costs and affect the development of enterprises.
Region Overview:
From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:
Company Name Heneywell is one of the major players operating in the QR and Bar Code Readers market, holding a share of 22.99% in 2020.
Honeywell is a Fortune 100 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy. It primarily operates in four areas of business: aerospace, building technologies, performance materials and technologies (PMT), and safety and productivity solutions (SPS).
Zebra Technologies Corporation is an American company that manufactures and sells marking, tracking and computer printing technologies. Its products include thermal barcode label and receipt printers, RFID smart label printers/encoders/fixed readers/antennas, and card and kiosk printers that are used for barcode labeling, personal & handheld identification and specialty printing principally in the manufacturing supply chain, retail, healthcare and government sectors.
Segmentation Overview:
Among different product types, 2D Camera segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Retail segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the QR and Bar Code Readers industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of QR and Bar Code Readers. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global QR and Bar Code Readers Market Report Include:
Market Size Estimates: QR and Bar Code Readers market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: QR and Bar Code Readers market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the QR and Bar Code Readers market
Segment Market Analysis: QR and Bar Code Readers market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: QR and Bar Code Readers market situations and prospects in major and top regions and countries
QR and Bar Code Readers Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.QR and Bar Code Readers Industry Chain: QR and Bar Code Readers market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
QR and Bar Code Readers Industry News, Policies by regions
QR and Bar Code Readers Industry Porters Five Forces Analysis
Key players in the global QR and Bar Code Readers market are covered in Chapter 2:
Leuze Electronic
Datalogic
Keyence Corporation
Generalscan
Siemens
SICK
Opticon
Pepperl+Fuchs
Panasonic
RIOTEC
ZEBEX
Heneywell
Zebra Technologies
Code Corporation
IRIS
Denso
Cognex
Omron
In Chapter 6 and Chapter 9, on the basis of types, the QR and Bar Code Readers market from 2018 to 2028 is primarily split into:
Pen-Type Scanners
Laser Scanners
LED Scanners
2D Camera
In Chapter 7 and Chapter 10, on the basis of applications, the QR and Bar Code Readers market from 2018 to 2028 covers:
Retail
Industry
Logistics
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global QR and Bar Code Readers market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the QR and Bar Code Readers industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of QR and Bar Code Readers market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the QR and Bar Code Readers industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on QR and Bar Code Readers market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the QR and Bar Code Readers market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed QR and Bar Code Readers market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
