The Global Industrial RFID And Barcode Printer Market Size was valued at USD 6,569 million in 2017 and is projected to reach USD XX, XXX million by 2028 with an estimated CAGR of 7.2% during 2021-2028 (forecast period). Industrial RFID and barcode printers are in high demand these days. With the rise of technology, companies have come to rely more on their ability to quickly identify items for inventory tracking. This is leading to a growth in sales across the globe that will continue through 2028.
Industrial RFID and barcode printers are a type of printer that uses Radio Frequency Identification (RFID) technology to print labels on products. These printers allow companies to easily track the movement of their goods, as well as prevent theft and loss in storage facilities.
On the basis of Types, the market is segmented into Smart and Standard.
Smart RFID and Barcode printers are more advanced than standard industrial-grade models. They have a number of features that help them to maintain their accuracy, efficiency as well as durability. These include faster speeds, better quality prints, and sustainable power sources.
A standard RFID and barcode printer is a station that has the ability to print standard industrial labels, tags, or tickets. Standard printers have the capability of printing on many types of label stock materials including paper, polyester film (PET), aluminum foil-backed paperboard material (XPE), vinyl films, and laminates. A typical output for these machines may be 50 mm wide by up to 300 meters long with various thicknesses available from 0.04mm to 15.0mm. There are three main components - The base unit which houses the power supply; the feeder system that feeds in rolls of media such as paper or PET into the machine; and finally there are one or more print heads at either end of the machine that is the actual printers.
On the basis of Application, the market is segmented into Manufacturing, Transportation, and Healthcare. The Manufacturing application segment accounted for the largest share of the market owing to its extensive use in various industries such as printing & packaging, the automotive industry, etc., which require high-quality labels or RFID tags on their products.
Manufacturing companies use these printers to keep track of their production process. The RFID and barcode printer helps in monitoring the stock levels, tracking employee movement, resolving inventory issues, and ensuring that all products are accounted for at every stage of manufacturing. Industrial RFID printers also help in managing supply chains by providing information about the location of goods, transportation methods used, etc., This type of printing ensures better security as well with its features like dual authentication which provides extra layer protection from frauds.
Industrial RFID and Barcode Printer is being used in the Transportation industry for baggage tracking, real-time monitoring of vehicle location, construction site job tickets, inventory management. The current demand for Industrial RFID and Barcode Printers in the global transportation sector has increased considerably over the past few years as these devices are widely deployed to monitor assets effectively at airports, seaports, or any other mode of transport which transmits data worldwide.
Industrial RFID and Barcode printers are used in a wide range of industries. One area that is constantly innovating the use of these technologies is healthcare. Industrial-grade barcode printing technology has improved hospital efficiency and patient outcomes over time, as well as look at some specific examples where it can be put to good use. The first major application for Industrial RFID and Barcode printer was improving inventory management within hospitals by establishing databases with accurate medical records on patients who had been admitted or transferred since their last visit which allowed staff to find items more efficiently than before when they relied solely on manual searching through shelves or storage containers. This easy access to information helped reduce medication errors and improve patient outcomes, as well.
Another area where RFID and Barcode printers can help is in the management of medical supplies. Hospitals have to stock a huge amount of medications and other important items at all times for patients who may need them for any number of reasons or due to emergency situations like natural disasters. With an automated system that monitors inventory levels, the staff is able to quickly see when they’re running low on necessary items which helps ensure there will be enough available during emergencies as well as better manage costs through accurate ordering quantities.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. In the North American region, United States is one of the major markets for RFID printers due to higher adoption in the manufacturing industry.
Up Market Research published a new report titled “Industrial RFID and Barcode Printer Sales Market research report which is segmented by Types (Smart, Standard), By Applications (Manufacturing, Transportation, Healthcare), By Players/Companies Zebra Technologies, Honeywell, Toshiba, Sato Holdings, TSC Auto ID, Avery Dennison, Wasp Barcode, Postek Electronics, Dascom Printer”.
Report Attributes | Report Details |
Report Title | Industrial RFID and Barcode Printer Sales Market Research Report |
By Type | Smart, Standard |
By Application | Manufacturing, Transportation, Healthcare |
By Companies | Zebra Technologies, Honeywell, Toshiba, Sato Holdings, TSC Auto ID, Avery Dennison, Wasp Barcode, Postek Electronics, Dascom Printer |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 235 |
Number of Tables & Figures | 165 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Smart, Standard and By Application Manufacturing, Transportation, Healthcare.
Some of the companies that are profiled in this report are:
Industrial RFID and Barcode Printer Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Industrial RFID and Barcode Printer Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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