Handheld Barcode Scanner Market 2021: Detailed Global Analysis and Forecast to 2027

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A barcode scanner, also known as a barcode reader, is a mechanism that collects and reads data from a barcode before sending it to a computer. A barcode reader is made up of three parts: a scanner, a decoder, and a computer cord. With the help of software, the attached computer decodes the captured data.

Handheld Barcode Scanner

This general term applies to these specific barcode scanners that can be used by one hand. A trigger-like mechanism with point-and-scan functionality is common in these scanners.

Sensors for collecting barcodes and decoding relevant data, as well as cables for maintaining a secure link with computer systems, are used in these scanners. Barcode scanner rental is widely used in warehouse management because they help provide a real-time rundown of the various items held in the facility.

Types of Handheld Barcode Scanners

Some of the more popular types of barcode scanners available on the market, depending on the user’s needs are:

  • Laser scanners
  • Camera-based scanners
  • Charge-coupled device (CCD) scanners
  • Laser scanners
  • Pen wands

Handheld Barcode Scanner’s Use

Barcode scanners are being used by retailers all over the world to simplify the tracking of stocks and goods. Barcode scanners assist in the recording of details such as stock count, date of manufacture, date of supply to the manufacturer, and purchase price, which are written in the form of a barcode on the product package.

Besides that, by reducing human errors in capturing and managing information electronically, these scanners aid in increasing the reliability of the stored data. This, along with the advent of two-dimensional (2D) barcodes including the fast response (QR) code and data matrix, is allowing the commodity to be used in a wider range of markets, including travel and leisure, advertising, and entertainment.

Global Barcode Scanner Market Trends and Size because of Covid-19

COVID-19 fever started to spread around the globe in the first half of 2020, infecting millions of people worldwide, prompting large countries around the world to impose foot bans and work shutdown orders. Most markets, except for medical equipment and life support devices, have been severely impacted, including the Handheld Barcode Scanners industry.

The global market value of Handheld Barcode Scanners increased by 0.0194793473873 in the last few years, reaching up from 316.0 million $ in 2015 to 348.0 million $ in 2020. Between 2015 and 2020, the global barcode scanner industry grew at a rapid pace. The demand is expected to expand at a CAGR of about 9% between 2021 and 2026, according to IMARC Group.

There have been more than 20 million reported cases of CVOID-19 worldwide as of the date of the study, and the outbreak has not been adequately contained. As a result, we forecast that the global outbreak will be largely under control by the end of 2020 and that the global Handheld Barcode Scanners industry will grow at a CAGR of xxx% from 2020 to 2025, reaching 416.0 million dollars.

Scope and Segmentation of Global Handheld Barcode Scanners

The demand for handheld barcode scanners is divided into two categories: type and use. Players, owners, and other industry participants in the global Handheld Barcode Scanners rental market can gain an advantage by using the study as a valuable resource. For the period 2016-2027, the segmental review focuses on production capability, sales, area, and forecasts by Kind and Use.

Get a Sample Copy of the Full Report from https://www.absolutereports.com/global-handheld-barcode-scanners-market-17907162

Analysis and Forecast, 2021-2027

“Analysis of the effects of COVID-19 on this sector will be included in the final report.”

Despite the COVID-19 crisis, the global demand for portable scanners, which was forecast to be worth US$1. 4 billion in 2020, is expected to grow to US$1.9 billion by 2027, with a 4.6% compound annual growth rate (CAGR) from 2020 to 2027. One of the segments examined in the study, Stationary Scanner, is expected to rise at a 5.7% compound annual growth rate (CAGR) to hit US$766.9 million by the end of the review time.

Following an early assessment of the pandemic’s market ramifications and the resulting economic recession, the Non-Rugged Barcode Scanner segment’s development is updated to a revised 4.9 % CAGR for the next seven years. The global Portable Scanner market is currently dominated by this segment, which holds a 22.9 % share.

In 2020, the United States will account for over 29.5 % of the global market size, while China is expected to grow at a 4.3 % CAGR from 2020 to 2027.

  • In the year 2020, the portable scanner industry in the United States is expected to be worth $398.8 million. In the global economy, the nation currently has a 29.47 % share.
  • China, the world’s second-largest economy, is expected to hit a market value of US$327.4 million in 2027, representing a 4.3 % annual growth rate.
  • Japan and Canada are two other notable geographic economies, with forecasted growth rates of 4.5 % and 3.5 %, respectively, from 2020 to 2027.
  • Inside Europe, Germany is expected to expand at a 3.7 % compound annual growth rate (CAGR).
  • While the rest of the European economy (as described in the study) will hit US$327.4 million by 2027.

In 2020, the Automatic Scanner Segment would have a 27.4 % market share.

The United States, Canada, Japan, China, and Europe are expected to push the global Automatic Scanner segment’s 3.8 % CAGR. At the end of the study period, these regional markets, which had a total market value of US$297.9 million in 2020, would have grown to US$387.7 million.

For 2020 and 2021, the 189-page study provides concise information into how the pandemic has affected demand and the buy hand. Also, a short-term staggered recovery by primary geography is discussed.

In this group of regional markets, China will continue to be one of the fastest developing. The Asia-Pacific market is expected to hit US$212.3 million by 2027, led by countries including Australia, India, and South Korea. This is the 9th edition of our study, and we have years of research experience.

We offer a very wide range of scanning solutions on rental from handheld mobile computer scanners such as the Zebra TC57 on rental to POS and socket scanners. We are official partners of Zebra, Honeywell, Socket, and hold huge inventory of Lineapro scanning solutions. Get in touch to discuss how we can support your events and commercial handheld scanning needs globally.

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