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), Geography(North America, South America, Europe, Asia-Pacific, Middle East & Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global RFID and Barcode Printer Market
Global RFID and barcode printer market is set to witness a substantial CAGR of 6.25% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. This rise in the market value can be attributed due to rapid technological advancements and high degree of industrialization in the country and is expected to create opportunities and demand for RFID and barcode printers globally.
Market Definition: Global RFID and Barcode Printer Market
RFID printers are the printers which are used for writing the data in smart labels through RFID chips. The printer transmits the data through RFID chip and then encodes it for printing the label with the barcode or any information needed. Barcode printers are printers that prints the barcode labels or tags that can be attached to the desired object.
- The surge in the e-commerce industry, is driving the growth of the market
- The rising demand for inventory management, is driving the growth of the market
- The need for high accuracy and reduction in human errors, is driving the market
- The increasing demand for AR-based applications in medical sectors, is boosting the market growth
- The poor image quality of barcode labels, is hindering the growth of the market
- The heat settings of the barcode printer, is hampering the growth of the market
- Limited processing power and inadequate storage, is hampering the growth of the market
Segmentation: Global RFID and Barcode Printer Market
- Barcode & RFID Printers
- Industrial Printers
- Desktop Printers
- Mobile Printers
BY Printing Technology
- Thermal Transfer
- Direct Thermal
By Printing Resolution
- Below 300 dpi
- Between 301 – 600 dpi
- Above 601 dpi
By Connectivity Type
- Serial and Parallel
- Universal Serial Bus
- Transportation and Logistics
- North America
- South America
- Rest of South America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
Key Developments in the Market:
- In June 2019, TSC Auto ID had launched compact industrial barcode printer series. Its dimensions are small which makes it more portable and compact. It possesses good connectivity features with good printing quality. The launch has met the demand of the market for a high end barcode printer.
- In May 2018, Xiamen Casino Technology Co. Ltd. launched 4 inch POS label barcode printer CSN-400. It is a thermal label printer which targets logistics and transportation markets. It has a high printing speed of 150mm/sec, large paper rolls of 110mm, and supports gap sensing.
Global RFID and barcode printer market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of customer of RFID and barcode printer market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Major Market Competitors/Players
Few of the major competitors currently working in the global RFID and barcode printer market 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., Oki Data Americas, Inc. among 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.
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. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved