2D Barcode Reader Market by Product Type (Fixed, Handheld), Application (E-commerce, Factory Automation, Logistics, Warehousing), and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

2D Barcode Reader Market Size

The 2D Barcode Reader market size was valued at $7.96 billion in 2023 and is projected to reach $13.21 billion by 2029, growing at a CAGR of 8.8% during the forecast period.

2D Barcode Reader Market Overview

A 2D barcode reader is a device designed to scan and decode two-dimensional barcodes, also known as matrix or QR codes. Unlike traditional one-dimensional barcodes that store data in a series of parallel lines, 2D barcodes store information in both horizontal and vertical dimensions, allowing them to encode significantly more data. These barcodes consist of square or rectangular patterns of black and white modules, arranged in a grid. 2D barcode readers utilize imaging technology to capture and interpret the patterns within the barcode, extracting the encoded data. These readers are commonly found in various industries and applications, including retail, logistics, healthcare, and manufacturing, where they are used for inventory management, product tracking, authentication, and information retrieval. The versatility and compactness of 2D barcodes, along with the speed and accuracy of 2D barcode readers, have made them essential tools for efficient data capture and management in a wide range of settings.

2D Barcode Reader Market Dynamics

The market dynamics analyzed in this market research report encapsulate a multifaceted interplay of drivers and constraints that significantly shape the landscape of the 2D Barcode Reader Market. The comprehensive analysis of both drivers and constraints enables a nuanced understanding of the market's dynamics, empowering businesses and stakeholders to make informed decisions in navigating the complexities of the market.

2D Barcode Reader Market Scope

The report “Global 2D Barcode Reader Market: Industry Analysis, Opportunities and Forecast up to 2029” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2021, 2022 and offers revenue estimations for 2023, and project forecasts spanning from 2024 to 2029. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Global 2D Barcode Reader Market by, Product Type

·        Fixed

·        Handheld

Global 2D Barcode Reader Market by, Application

·        E-commerce

·        Factory Automation

·        Logistics

·        Warehousing

Global 2D Barcode Reader Market by, Geography

·        North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis.

·        Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis

·        Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis

·        South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis

·        Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

Key Players Profiled in this Research Report include:

·        Zebra Technologies Corp.

·        Zebex Industries Inc.

·        Unitech Electronics Co., Ltd.

·        SICK AG

·        Sato Holdings Corp.

·        Omron Microscan Systems, Inc.

·        Marson Technology Co., Ltd.

·        Juniper Systems Inc.

·        Honeywell International, Inc.

·        General Data Company, Inc.

·        Denso Wave Inc.

·        Datalogic S.p.A.

·        Cognex Corp.

·        Casio Computer Co., Ltd.

What can be explored with this research report?

·        Understand global 2D Barcode Reader Market analysis, trends, and forecast to 2029.

·        Understand analysis of the 2D Barcode Reader Market structure by identifying various segments and sub-segments of the market.

·        Understand revenue forecast and strategic analysis concerning industry trends and contribution to the overall 2D Barcode Reader Market.

·        Understand the revenue forecast of the 2D Barcode Reader Market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

·        Identification of major market trends, factors driving, restraining, threatening, and providing opportunities for the 2D Barcode Reader Market growth.

·        Analyzing opportunities by identification of high-growth segments/revenue pockets in the 2D Barcode Reader Market.

·        Understand major player profiles in the 2D Barcode Reader Market and analyze their business strategies.

·        Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the 2D Barcode Reader Market.

Table Of Content

1 Market Introduction 
 1.1 Market Definition 
 1.2 Research Scope and Segmentation 
 1.3 Stakeholders 
 1.4 List of Abbreviations 
 
2 Executive Summary 
 
3 Research Methodology 
 3.1 Identification of Data 
 3.2 Evaluation of Market Dynamics 
 3.3 Collaboration of Data 
 3.4 Verification and Analysis 
 3.5 Research Approach 
 3.6 Data Sources and Assumptions 
 
4 Market Dynamics 
 4.1 Market Drivers 
 4.2 Market Restraints 
 4.3 Market Opportunities 
 4.4 Market Challenges 
 4.5 Impact of COVID-19 on the 2D Barcode Reader Market 
 
5 Porter's Five Force Analysis 
 5.1 Bargaining Power of Suppliers 
 5.2 Bargaining Power of Buyers 
 5.3 Threat of New Entrants 
 5.4 Threat of Substitutes 
 5.5 Competitive Rivalry in the Market 
 
6 Global 2D Barcode Reader Market by, Product Type 
 6.1 Overview   
 6.2 Fixed 
 6.3 Handheld 
 
7 Global 2D Barcode Reader Market by, Application 
 7.1 Overview   
 7.2 E-commerce 
 7.3 Factory Automation 
 7.4 Logistics 
 7.5 Warehousing 
 
8 Global 2D Barcode Reader Market by, Geography 
 8.1 Overview 
 8.2 North America 
 8.2.1 US 
 8.2.2 Canada 
 8.2.3 Mexico 
 8.3 Europe 
 8.3.1 Germany 
 8.3.2 France 
 8.3.3 UK 
 8.3.4 Italy 
 8.3.5 Spain 
 8.3.6 Rest of Europe 
 8.4 Asia Pacific 
 8.4.1 China 
 8.4.2 Japan 
 8.4.3 India 
 8.4.4 South Korea 
 8.4.5 Australia 
 8.4.6 New Zealand 
 8.4.7 Rest of Asia Pacific 
 8.5 South America 
 8.5.1 Brazil 
 8.5.2 Argentina 
 8.5.3 Chile 
 8.5.4 Rest of South America 
 8.6 Middle East & Africa 
 8.6.1 UAE 
 8.6.2 Saudi Arabia 
 8.6.3 Qatar 
 8.6.4 Iran 
 8.6.5 South Africa 
 8.6.6 Rest of Middle East & Africa 
 
9 Key Developments 
 
10 Company Profiling 
 10.1 Zebra Technologies Corp. 
 10.1.1 Business Overview 
 10.1.2 Product/Service Offering 
 10.1.3 Financial Overview 
 10.1.4 SWOT Analysis 
 10.1.5 Key Activities 
 10.2 Zebex Industries Inc. 
 10.3 Unitech Electronics Co., Ltd. 
 10.4 SICK AG 
 10.5 Sato Holdings Corp. 
 10.6 Omron Microscan Systems, Inc. 
 10.7 Marson Technology Co., Ltd. 
 10.8 Juniper Systems Inc. 
 10.9 Honeywell International, Inc. 
 10.10 General Data Company, Inc. 
 10.11 Denso Wave Inc. 
 10.12 Datalogic S.p.A. 
 10.13 Cognex Corp. 
 10.14 Casio Computer Co., Ltd.