The future of the global RFID and Barcode Printer Market looks promising with opportunities in the retail, transportation and logistics, manufacturing and industrial, healthcare and hospitality, and government applications. The global RFID and barcode printer market is expected to reach an estimated $6.6 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are increasing demand for wirelessly powered portable printers, rapid expansion of industry 4.0, and rising installation of RFID and barcode systems in manufacturing units and supply chain management.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the RFID and barcode printer
market by type (RFID printer and barcode printer), format type (industrial
printers, desktop printers, and mobile printers), technology (thermal transfer,
direct thermal, and others), application (retail, transportation and logistics,
manufacturing and industrial, healthcare and hospitality, government, and others),
and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will
grow at a faster pace and why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the
emerging trends in this market and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, RFID and
barcode are the major segments of RFID and barcode printer market by type.
Lucintel forecasts that RFID is expected to witness highest growth over the
forecast period due to its escalating demand in the manufacturing, healthcare,
and retail supply chains. Within this market, retail will remain the largest
segment due to substantial use of RFID and barcode printers in this sector to
handle retail printing needs, boost operational effectiveness and customer
happiness by delivering products on time, and improve asset management in
stores.
North America is
expected to witness highest growth over the forecast period due to presence of
key players and significant demand for RFID and barcode printer in various end
use industries, such as retail, transportation and logistics, manufacturing
& industrial, and healthcare & hospitality sectors of the region.
Zebra Technologies, SATO
Holdings, Honeywell International, Seiko Epson, AVERY DENNISON, BIXOLON, GoDEX
International, Toshiba Tec, Star Micronics, and Printronix are the major
suppliers in the RFID and barcode printer market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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