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RFID and Barcode Printer Market by Type, Technology, Resolution, Connectivity, Industry - Global Forecast to 2022

RFID and Barcode Printer Market: Global Forecast until 2022

  • May 2017
  • 164 pages
  • ID: 4907910
In this report:
THE MARKET FOR RFID INDUSTRIAL PRINTERS WAS VALUED USD ##.## MILLION IN 2016 AND IS EXPECTED TO REACH USD ##.## MILLION BY 2022, AT A CAGR OF ##.##% DURING THE FORECAST PERIOD, THE RFID INDUSTRIAL PRINTERS ARE LIKELY TO HOLD THE LARGEST MARKET SHARE BETWEEN 2017 AND 2022 DUE TO HIGH PRODUCT DEMAND ACROSS WAREHOUSE AND LABELING APPLICATIONS, WHICH IS EXPECTED TO INFLUENCE THE INDUSTRY GROWTH.

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"Global RFID and barcode printer market to exhibit significant increase between 2017 and 2022"

The RFID and barcode printer market is anticipated to rise at a compound annual growth rate (CAGR) of 5.70 percent between 2017 and 2022 to attain ~$4.8B by 2022. The top driving factors for the rise of this market contain the increase of the e-commerce sector; increasing demand for extracting data in several manufacturing, retail, transportation and logistics markets; and elimination of human errors. Nevertheless, poor quality of print in barcode and RFID labels and tags are selecting the rise of the RFID and barcode printer market.

"Industrial printers to lead the RFID and barcode printer market during the estimate period"

Industrial printers held the biggest size of the RFID and barcode printer market in 2016. Industrial printers in manufacturing market are used for applications including address labels, apparel tagging, apparel tags, asset tracking, automotive labeling, incoming goods labeling, item identification. Logistic tracking, pallet labeling, paper/pulp labeling, price labeling, price ticketing, product and service information, and product fact tags are the applications in which these printers are used to print the labels and tags in the manufacturing sector. Industrial printers are anticipated to hold the most important size of this market during the forecast period due to the growing demand in developing countries and the need for real-time information pertaining to the exact location of other assets.

"Manufacturing market to hold a main share of the RFID and barcode printer market during the outlook period"

The sector for the manufacturing sector is anticipated to grow at an important rate between 2017 and 2022. RFID and barcode printers are being used in the manufacturing market in applications including automated inspection and identification in production process using barcode labels and tags. Labels and tags used in the manufacturing sector to manage the asset life cycle cost and growth the life cycle of an equipment as well as reliability. Industrial barcode printers in the manufacturing market are commonly used to print labels and tags used for track and trace applications and workflow optimization.

"Asia-Pacific to be the quickest increasing market for GNSS chips during the estimate period"

Asia-Pac is anticipated to be the quickest developing market for RFID and barcode printers during the outlook period. The leading companies providing barcode and RFID printers are based in Asia-Pacific. The Asian sectors, especially in Japan and China (CN), are more likely to govern this industry in the years to come in terms of adaptability and market value. China (CN) currently holds the biggest share of the market due to the higher adoption of barcode and RFID printers in different industries in Asia-Pac are fueling the increase of this market in this area.

The break-up of the profiles of primary members taking part for the study has been provided below:

• By Company category: Tier 1 - 40.0 percent, Tier 2 - 35.0 percent, and Tier 3 - 25.0 percent

• By Description: C-suite executives - 62.0 percent and Directors - 38.0 percent

• By Area: North America (NA) - 32.0 percent, EU - 28.0 percent, Asia-Pacific - 25.0 percent, and rest of the world - 15.0 percent

The top players operating in this sector contain Zebra Technologies Corporation, Honeywell (NYSE:HON), Toshiba TEC Corporation, Sato Holdings Corporation, TSC Auto ID Technology Co., Limited, Avery Dennison Corporation, Wasp Barcode Technologies, Postek Electronics Co., Limited, Dascom Printer Co., Limited.

Segment Research

The research report on the overall RFID and barcode printer market contains the market based on type, technology, printing resolution, sector, and territory. The sector, on the basis of class, has been split into industrial, desktop, and mobile printer. On the basis of technology, the RFID and barcode printer market has been categorized into thermal transfer, direct thermal, and inkjet. The market based on printing resolution has been divided into below 300 dpi, between 301 and 600 dpi, and above 600 dpi. Futhermore, the RFID and barcode printer market based on market has been broken down into manufacturing, retail, healthcare, government, entertainment, and others. The analysis includes 4 main geographical regions, that is, North America continent, Europe (EU), Asia-Pac, and RoW.

Main highlights

Figures of segmentation, review, and estimate for the sector established on category, technology, printing resolution, market, and area have been organized to give an global view of the RFID and barcode printer market.

The value chain study has been provided for exhaustive insight into the RFID and barcode printer market.

The main drivers, market restraints, alternatives, and opportunities for the RFID and barcode printer market have been precised in this industry report.

The market research includes an exhaustive competitive analysis, together with top players, complete study, and revenue of the main actors.

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