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Global RFID and Barcode Printer Market to reach USD XX billion by 2028.

Global RFID and Barcode Printer Market Size study, By Printer Type (RFID Printer, Barcode Printer), By Format Type (Industrial Printers, Desktop Printers, Mobile Printers), By Printing Technology (Thermal Transfer, Direct Thermal, Others), By Application (Retail, Transportation and Logistics, Manufacturing and Industrial, Healthcare and Hospitality, Government, Others), and Regional Forecasts 2022-2028

Product Code: EESC-96947687
Publish Date: 15-05-2022
Page: 200

Global RFID and Barcode Printer Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

Radiofrequency identification (RFID) is a wireless system that includes two components: reader and tag. A reader is a gadget that comprises one or more antenna radio waves and accepts signals back from the RFID tag. The data is received and sent with the system that entailing an RFID tag. Moreover, the barcode is a machine-comprehensible code that includes number and parallel lines pattern of different widths that are printed on a product and distributed to, particularly stock control. The growing installation of RFID and barcode systems in manufacturing units to boost productivity, growth of the e-commerce industry, increasing need for improvement in inventory management are the primary factors that are accelerating the market growth. In addition, increasing demand for mobile printers based on wireless technologies, coupled with the rising need for RFID and barcode printers in various applications is further propelling the market demand globally. For instance, according to the India Brand Equity Foundation (IBEF), in India, the e-commerce sector has been recorded with USD 52.57 billion in 2020 and the amount is projected to grow and reach USD 350 billion by 2030. Accordingly, the growth of the e-commerce industry is bolstering the adoption of the RFID and barcode printer to create a unique identity on the product, which, in turn, augments the market growth across the globe. However, stringent printing regulations and poor image quality of barcode labels impede the growth of the market over the forecast period of 2022-2028. Also, the rising use of RFID and barcode printers in the supply chain industry and the surging demand for RFID and barcode printers in hospitals is anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global RFID and Barcode Printer Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to increasing technological developments, as well as the presence of well-established market players. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the thriving growth of the e-commerce sector, rising application of RFID and barcode printers across various sectors, and growing need for efficient supply chain management, would create lucrative growth prospects for the RFID and Barcode Printer Market across the Asia-Pacific region.

Major market players included in this report are:
Zebra Technologies Corp.
Sato Holdings Corporation
Honeywell International
Seiko Epson Corp.
Avery Dennison Corporation
GoDEX International Co., Ltd
Toshiba Tec Corporation
Star Micronics Co., Ltd.
Postek Technologies, Inc.
Wasp Barcode Technologies Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Printer Type:
RFID Printer
Barcode Printer
By Format Type:
Industrial Printers
Desktop Printers
Mobile Printers
By Printing Technology:
Thermal Transfer
Direct Thermal
Others
By Application:
Retail
Transportation and Logistics
Manufacturing and Industrial
Healthcare and Hospitality
Government
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global RFID and Barcode Printer Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Global RFID and Barcode Printer Market, by Region, 2020-2028 (USD Billion)
1.2.2. Global RFID and Barcode Printer Market, by Printer Type, 2020-2028 (USD Billion)
1.2.3. Global RFID and Barcode Printer Market, by Format Type, 2020-2028 (USD Billion)
1.2.4. Global RFID and Barcode Printer Market, by Printing Technology, 2020-2028 (USD Billion)
1.2.5. Global RFID and Barcode Printer Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global RFID and Barcode Printer Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global RFID and Barcode Printer Market Dynamics
3.1. RFID and Barcode Printer Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Growth of the e-commerce industry
3.1.1.2. Increasing demand for mobile printers based on wireless technologies
3.1.2. Market Challenges
3.1.2.1. Stringent printing regulations
3.1.2.2. Poor image quality of barcode labels
3.1.3. Market Opportunities
3.1.3.1. Rising use of RFID and barcode printers in supply chain industry
3.1.3.2. Surging demand of RFID and barcode printers in hospitals
Chapter 4. Global RFID and Barcode Printer Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global RFID and Barcode Printer Market, by Printer Type
6.1. Market Snapshot
6.2. Global RFID and Barcode Printer Market by Printer Type, Performance – Potential Analysis
6.3. Global RFID and Barcode Printer Market Estimates & Forecasts by Printer Type 2018-2028 (USD Billion)
6.4. RFID and Barcode Printer Market, Sub Segment Analysis
6.4.1. RFID Printer
6.4.2. Barcode Printer
Chapter 7. Global RFID and Barcode Printer Market, by Format Type
7.1. Market Snapshot
7.2. Global RFID and Barcode Printer Market by Format Type, Performance – Potential Analysis
7.3. Global RFID and Barcode Printer Market Estimates & Forecasts by Format Type 2018-2028 (USD Billion)
7.4. RFID and Barcode Printer Market, Sub Segment Analysis
7.4.1. Industrial Printers
7.4.2. Desktop Printers
7.4.3. Mobile Printers
Chapter 8. Global RFID and Barcode Printer Market, by Printing Technology
8.1. Market Snapshot
8.2. Global RFID and Barcode Printer Market by Printing Technology, Performance – Potential Analysis
8.3. Global RFID and Barcode Printer Market Estimates & Forecasts by Printing Technology 2018-2028 (USD Billion)
8.4. RFID and Barcode Printer Market, Sub Segment Analysis
8.4.1. Thermal Transfer
8.4.2. Direct Thermal
8.4.3. Others
Chapter 9. Global RFID and Barcode Printer Market, by Application
9.1. Market Snapshot
9.2. Global RFID and Barcode Printer Market by Application, Performance – Potential Analysis
9.3. Global RFID and Barcode Printer Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
9.4. RFID and Barcode Printer Market, Sub Segment Analysis
9.4.1. Retail
9.4.2. Transportation and Logistics
9.4.3. Manufacturing and Industrial
9.4.4. Healthcare and Hospitality
9.4.5. Government
9.4.6. Others
Chapter 10. Global RFID and Barcode Printer Market, Regional Analysis
10.1. RFID and Barcode Printer Market, Regional Market Snapshot
10.2. North America RFID and Barcode Printer Market
10.2.1. U.S. RFID and Barcode Printer Market
10.2.1.1. Printer Type estimates & forecasts, 2018-2028
10.2.1.2. Format Type estimates & forecasts, 2018-2028
10.2.1.3. Printing Technology estimates & forecasts, 2018-2028
10.2.1.4. Application estimates & forecasts, 2018-2028
10.2.2. Canada RFID and Barcode Printer Market
10.3. Europe RFID and Barcode Printer Market Snapshot
10.3.1. U.K. RFID and Barcode Printer Market
10.3.2. Germany RFID and Barcode Printer Market
10.3.3. France RFID and Barcode Printer Market
10.3.4. Spain RFID and Barcode Printer Market
10.3.5. Italy RFID and Barcode Printer Market
10.3.6. Rest of Europe RFID and Barcode Printer Market
10.4. Asia-Pacific RFID and Barcode Printer Market Snapshot
10.4.1. China RFID and Barcode Printer Market
10.4.2. India RFID and Barcode Printer Market
10.4.3. Japan RFID and Barcode Printer Market
10.4.4. Australia RFID and Barcode Printer Market
10.4.5. South Korea RFID and Barcode Printer Market
10.4.6. Rest of Asia Pacific RFID and Barcode Printer Market
10.5. Latin America RFID and Barcode Printer Market Snapshot
10.5.1. Brazil RFID and Barcode Printer Market
10.5.2. Mexico RFID and Barcode Printer Market
10.6. Rest of The World RFID and Barcode Printer Market
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Zebra Technologies Corp.
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. Sato Holdings Corporation
11.2.3. Honeywell International
11.2.4. Seiko Epson Corp.
11.2.5. Avery Dennison Corporation
11.2.6. GoDEX International Co., Ltd
11.2.7. Toshiba Tec Corporation
11.2.8. Star Micronics Co., Ltd.
11.2.9. Postek Technologies, Inc.
11.2.10. Wasp Barcode Technologies Inc.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Data Collection:
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Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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