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2D Barcode Reader Market Share

Report ID: GMI9896
Published Date: Jun 2024
Report Format: PDF

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2D Barcode Reader Market Share

Honeywell International Inc. and Zebra Technologies Corp. together held over 10% share of the 2D barcode reader industry in 2023. Honeywell International Inc. is a prominent multinational conglomerate based in the U.S., known for its diversified operations across aerospace, building technologies, performance materials, and safety & productivity solutions. The company offers a wide range of products and solutions including advanced scanning and data capture technologies, which are integral to the market.

Zebra Technologies Corporation is recognized globally for its innovative solutions in data capture and automatic identification technologies. Its barcode scanners are known for their advanced imaging technology including high-resolution sensors and sophisticated decoding algorithms.

2D Barcode Reader Market Companies

Major players operating in the 2D barcode reader industry are:

Honeywell International Inc.
Zebra Technologies Corporation
Datalogic S.p.A
Cognex Corporation
Opticon Sensors Europe BV
SICK AG
Denso Wave Inc.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Industry size for 2D barcode reader was worth USD 8.3 billion in 2023 and is projected to expand at over 8.8% CAGR from 2024 to 2032, owing to the rapid expansion of retail and e-commerce.

The mobile (mounted) readers type segment in the 2D barcode reader industry is projected to expand at over 5% CAGR from 2024 to 2032, as they offer real-time data transfer and analysis.

The omnidirectional scanners technology segment in the 2D barcode reader industry will surpass USD 12 billion by 2032 fuelled by increasing adoption in sectors like retail, healthcare, logistics, and transportation.

Asia Pacific market is projected to reach USD 4 billion by 2032, led by the thriving e-commerce sector, driven by the rising internet penetration, smartphone usage, and consumer demand for convenience.