The Asia Pacific 2D Barcode Reader Market would witness market growth of 6.6% CAGR during the forecast period (2021-2027). Various industries such as retail and manufacturing are expected to actively adopt barcode technology. As it ensures accurate tracking of individual products and product batches as well as helps in auditing their inventories. In addition to it, barcode readers contribute to increasing the operational efficiency of businesses.
There are many potential benefits of 2D barcode reader such as speed, reduced clerical cost, higher accuracy, and better customer service. Thus, the barcode scanning systems have become an important tool for streamlining internal and external operations. Furthermore, compact design, flexibility, and barcode scanners are becoming an important tool in the industrial sector.
Asia Pacific region is one of the fastest developing regions in terms of digitalization. The aspects such as modern life and an increasing number of businesses in online platforms in China have resulted into increased demand for 2D reader in the country. There is a massive manufacturing industry and they are getting support from the government encouraging them to adopt advanced technology to improve their business activity. The increasing popularity of e-commerce and retail distribution is anticipated to boost the adoption of barcode readers, as this device helps in improving business logistics. Thus, in the past few years, there was an exponential increase in the deployment of these barcode readers in logistics activities, shipping activities, and warehousing activities.
China ranks second in the healthcare industry followed by the US. The government of China has taken many initiatives in order to support the long-term improvement of health care facilities. Medical devices include a broad range of equipment and devices. 2D readers are also widely used in hospitals. This manufacturer designed special healthcare handheld scanners to perform error-proof tasks like patient identification during admissions or treatment, delivering proper medication, or during specimen collection.
The Warehousing market dominated the Malaysia 2D Barcode Reader Market by Application 2020, thereby, achieving a market value of $87.9 million by 2027. The Logistics market is estimated to grow at a CAGR of 10.3% during (2021 - 2027). Additionally, The E-commerce market is anticipated to witness a CAGR of 10.1% during (2021 - 2027).
Based on Product Type, the market is segmented into Handheld and Fixed. Based on Application, the market is segmented into Warehousing, Logistics, E-commerce, Factory Automation and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide 2D Barcode Reader Market is Projected to reach USD 10.7 Billion by 2027, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Omron Corporation, Sick AG, Zebra Technologies Corporation, Datalogic S.p.A. (Hydra S.p.A.), Cognex Corporation, Casio Computer Co., Ltd., Denso Corporation, Juniper Networks, Inc., and General Data Company, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
By Application
- Warehousing
- Logistics
- E-commerce
- Factory Automation
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Honeywell International, Inc.
- Omron Corporation
- Sick AG
- Zebra Technologies Corporation
- Datalogic S.p.A. (Hydra S.p.A.)
- Cognex Corporation
- Casio Computer Co., Ltd.
- Denso Corporation
- Juniper Networks, Inc.
- General Data Company, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific 2D Barcode Reader Market, by Product Type
1.4.2 Asia Pacific 2D Barcode Reader Market, by Application
1.4.3 Asia Pacific 2D Barcode Reader Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific 2D Barcode Reader Market by Application
3.1 Asia Pacific Warehousing 2D Barcode Reader Market by Country
3.2 Asia Pacific Logistics 2D Barcode Reader Market by Country
3.3 Asia Pacific E-commerce 2D Barcode Reader Market by Country
3.4 Asia Pacific Factory Automation 2D Barcode Reader Market by Country
3.5 Asia Pacific Other Application 2D Barcode Reader Market by Country
Chapter 4. Asia Pacific 2D Barcode Reader Market by Product Type
4.1 Asia Pacific Handheld 2D Barcode Reader Market by Country
4.2 Asia Pacific Fixed 2D Barcode Reader Market by Country
Chapter 5. Asia Pacific 2D Barcode Reader Market by Country
5.1 China 2D Barcode Reader Market
5.1.1 China 2D Barcode Reader Market by Application
5.1.2 China 2D Barcode Reader Market by Product Type
5.2 Japan 2D Barcode Reader Market
5.2.1 Japan 2D Barcode Reader Market by Application
5.2.2 Japan 2D Barcode Reader Market by Product Type
5.3 India 2D Barcode Reader Market
5.3.1 India 2D Barcode Reader Market by Application
5.3.2 India 2D Barcode Reader Market by Product Type
5.4 South Korea 2D Barcode Reader Market
5.4.1 South Korea 2D Barcode Reader Market by Application
5.4.2 South Korea 2D Barcode Reader Market by Product Type
5.5 Singapore 2D Barcode Reader Market
5.5.1 Singapore 2D Barcode Reader Market by Application
5.5.2 Singapore 2D Barcode Reader Market by Product Type
5.6 Malaysia 2D Barcode Reader Market
5.6.1 Malaysia 2D Barcode Reader Market by Application
5.6.2 Malaysia 2D Barcode Reader Market by Product Type
5.7 Rest of Asia Pacific 2D Barcode Reader Market
5.7.1 Rest of Asia Pacific 2D Barcode Reader Market by Application
5.7.2 Rest of Asia Pacific 2D Barcode Reader Market by Product Type
Chapter 6. Company Profiles
6.1 Honeywell International, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional & Segmental Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Product Launches and Product Expansions:
6.1.6 SWOT Analysis
6.2 Omron Corporation
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Product Launches and Product Expansions:
6.2.6 SWOT Analysis
6.3 Sick AG
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 Recent strategies and developments:
6.3.5.1 Product Launches and Product Expansions:
6.3.6 SWOT Analysis
6.4 Zebra Technologies Corporation
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Regional & Segmental Analysis
6.4.4 Research & Development Expenses
6.4.5 Recent strategies and developments:
6.4.5.1 Product Launches and Product Expansions:
6.5 Datalogic S.p.A. (Hydra S.p.A.)
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Regional & Segmental Analysis
6.5.4 Research & Development Expenses
6.5.5 Recent strategies and developments:
6.5.5.1 Product Launches and Product Expansions:
6.6 Cognex Corporation
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Regional Analysis
6.6.4 Research & Development Expense
6.6.5 Recent strategies and developments:
6.6.5.1 Product Launches and Product Expansions:
6.6.5.2 Acquisition and Mergers:
6.7 Casio Computer Co., Ltd.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expense
6.7.5 SWOT Analysis
6.8 Denso Corporation
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Regional Analysis
6.8.4 Research & Development Expense
6.8.5 Recent strategies and developments:
6.8.5.1 Product Launches and Product Expansions:
6.9 Juniper Networks, Inc.
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Regional Analysis
6.9.4 Research & Development Expenses
6.10. General Data Company, Inc.
6.10.1 Company Overview
TABLE 1 Asia Pacific 2D Barcode Reader Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific 2D Barcode Reader Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific 2D Barcode Reader Market by Application, 2017 - 2020, USD Million
TABLE 4 Asia Pacific 2D Barcode Reader Market by Application, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Warehousing 2D Barcode Reader Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Warehousing 2D Barcode Reader Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Logistics 2D Barcode Reader Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Logistics 2D Barcode Reader Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific E-commerce 2D Barcode Reader Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific E-commerce 2D Barcode Reader Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Factory Automation 2D Barcode Reader Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Factory Automation 2D Barcode Reader Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Other Application 2D Barcode Reader Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Other Application 2D Barcode Reader Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific 2D Barcode Reader Market by Product Type, 2017 - 2020, USD Million
TABLE 16 Asia Pacific 2D Barcode Reader Market by Product Type, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Handheld 2D Barcode Reader Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Handheld 2D Barcode Reader Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Fixed 2D Barcode Reader Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Fixed 2D Barcode Reader Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific 2D Barcode Reader Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific 2D Barcode Reader Market by Country, 2021 - 2027, USD Million
TABLE 23 China 2D Barcode Reader Market, 2017 - 2020, USD Million
TABLE 24 China 2D Barcode Reader Market, 2021 - 2027, USD Million
TABLE 25 China 2D Barcode Reader Market by Application, 2017 - 2020, USD Million
TABLE 26 China 2D Barcode Reader Market by Application, 2021 - 2027, USD Million
TABLE 27 China 2D Barcode Reader Market by Product Type, 2017 - 2020, USD Million
TABLE 28 China 2D Barcode Reader Market by Product Type, 2021 - 2027, USD Million
TABLE 29 Japan 2D Barcode Reader Market, 2017 - 2020, USD Million
TABLE 30 Japan 2D Barcode Reader Market, 2021 - 2027, USD Million
TABLE 31 Japan 2D Barcode Reader Market by Application, 2017 - 2020, USD Million
TABLE 32 Japan 2D Barcode Reader Market by Application, 2021 - 2027, USD Million
TABLE 33 Japan 2D Barcode Reader Market by Product Type, 2017 - 2020, USD Million
TABLE 34 Japan 2D Barcode Reader Market by Product Type, 2021 - 2027, USD Million
TABLE 35 India 2D Barcode Reader Market, 2017 - 2020, USD Million
TABLE 36 India 2D Barcode Reader Market, 2021 - 2027, USD Million
TABLE 37 India 2D Barcode Reader Market by Application, 2017 - 2020, USD Million
TABLE 38 India 2D Barcode Reader Market by Application, 2021 - 2027, USD Million
TABLE 39 India 2D Barcode Reader Market by Product Type, 2017 - 2020, USD Million
TABLE 40 India 2D Barcode Reader Market by Product Type, 2021 - 2027, USD Million
TABLE 41 South Korea 2D Barcode Reader Market, 2017 - 2020, USD Million
TABLE 42 South Korea 2D Barcode Reader Market, 2021 - 2027, USD Million
TABLE 43 South Korea 2D Barcode Reader Market by Application, 2017 - 2020, USD Million
TABLE 44 South Korea 2D Barcode Reader Market by Application, 2021 - 2027, USD Million
TABLE 45 South Korea 2D Barcode Reader Market by Product Type, 2017 - 2020, USD Million
TABLE 46 South Korea 2D Barcode Reader Market by Product Type, 2021 - 2027, USD Million
TABLE 47 Singapore 2D Barcode Reader Market, 2017 - 2020, USD Million
TABLE 48 Singapore 2D Barcode Reader Market, 2021 - 2027, USD Million
TABLE 49 Singapore 2D Barcode Reader Market by Application, 2017 - 2020, USD Million
TABLE 50 Singapore 2D Barcode Reader Market by Application, 2021 - 2027, USD Million
TABLE 51 Singapore 2D Barcode Reader Market by Product Type, 2017 - 2020, USD Million
TABLE 52 Singapore 2D Barcode Reader Market by Product Type, 2021 - 2027, USD Million
TABLE 53 Malaysia 2D Barcode Reader Market, 2017 - 2020, USD Million
TABLE 54 Malaysia 2D Barcode Reader Market, 2021 - 2027, USD Million
TABLE 55 Malaysia 2D Barcode Reader Market by Application, 2017 - 2020, USD Million
TABLE 56 Malaysia 2D Barcode Reader Market by Application, 2021 - 2027, USD Million
TABLE 57 Malaysia 2D Barcode Reader Market by Product Type, 2017 - 2020, USD Million
TABLE 58 Malaysia 2D Barcode Reader Market by Product Type, 2021 - 2027, USD Million
TABLE 59 Rest of Asia Pacific 2D Barcode Reader Market, 2017 - 2020, USD Million
TABLE 60 Rest of Asia Pacific 2D Barcode Reader Market, 2021 - 2027, USD Million
TABLE 61 Rest of Asia Pacific 2D Barcode Reader Market by Application, 2017 - 2020, USD Million
TABLE 62 Rest of Asia Pacific 2D Barcode Reader Market by Application, 2021 - 2027, USD Million
TABLE 63 Rest of Asia Pacific 2D Barcode Reader Market by Product Type, 2017 - 2020, USD Million
TABLE 64 Rest of Asia Pacific 2D Barcode Reader Market by Product Type, 2021 - 2027, USD Million
TABLE 65 Key information – Honeywell International, Inc.
TABLE 66 Key Information – Omron Corporation
TABLE 67 Key Information – Sick AG
TABLE 68 Key information – Zebra Technologies Corporation
TABLE 69 Key Information – Datalogic S.p.A.
TABLE 70 Key information – Cognex Corporation
TABLE 71 Key Information – Casio Computer Co., Ltd.
TABLE 72 key information – Denso Corporation
TABLE 73 Key Information – Juniper Networks, Inc.
TABLE 74 key information – General Data Company, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Honeywell international, inc.
FIG 3 SWOT Analysis: Omron Corporation
FIG 4 SWOT Analysis: Sick AG
FIG 5 Recent strategies and developments: Cognex Corporation
FIG 6 SWOT Analysis: Casio Computer Co., Ltd.