Dublin, June 11, 2021 (GLOBE NEWSWIRE) — The “Global RFID and Barcode Printer Market with COVID-19 Impact Analysis by Printer Type, Format Type (Industrial Printers, Desktop Printers, Mobile Printers), Printing Technology, Printing Resolution, Application, and Region – Forecast to 2026” report has been added to ResearchAndMarkets.com’s providing.
The worldwide RFID and barcode printer market dimension was valued at USD 3.9 billion in 2021 and is projected to achieve USD 5.3 billion by 2026. It’s anticipated to develop at a CAGR of 6.4% through the forecast interval.
Growing set up of RFID and barcode methods in manufacturing items to enhance productiveness to sort out the impression of COVID-19, rising use of RFID and barcode printers in flourishing world e-commerce business, surging want for enchancment in stock administration, and rising demand for cellular printers primarily based on wi-fi applied sciences are the important thing driving components for the RFID and barcode printer market. Nevertheless, stringent printing decision and poor picture high quality of the barcode labels hampering the expansion of the market.
Cell printers to witness a better CAGR through the forecast interval
The cellular printers phase of the RFID and barcode printer market is projected to develop on the highest CAGR from 2021 to 2026. The demand for cellular RFID and barcode printers is growing quickly worldwide as these printers are used for printing labels, tickets, and receipts within the hospitality, retail, and healthcare sectors.
Furthermore, cellular printers are utilized in quite a few industries for printing barcodes and RFID labels and tags. They’ve sure options, making the printing of barcode and RFID labels, tags, and receipts simple. These options embrace sturdiness, robustness, and ruggedness, together with the simplicity of use, simple reference to cellular gadgets, and versatile connectivity choices, together with USB, Bluetooth, and wi-fi LAN (WLAN).
Direct thermal printing expertise to account for the biggest share of the market through the forecast interval
The barcode printers phase accounted for a bigger dimension of the RFID and barcode printer marketplace for direct thermal expertise than the RFID printers phase. Direct thermal printing technology-based RFID and barcode printers are perfect for high-volume printing functions. They’re the best and most cost-effective answer utilized in short-term functions. They’re employed for printing labels meant for non permanent use, comparable to transport labels and meals packaging labels. The direct thermal phase is projected to steer the RFID and barcode printer market from 2021 to 2026. The expansion of this phase of the market might be attributed to the growing penetration of thermal switch expertise in RFID and barcode printers. They’re engineered for high-volume operations in harsh environments.
Retail software to account for the biggest share of the RFID and barcode printer market through the forecast interval
The RFID printers phase of the RFID and barcode printer marketplace for retail is projected to develop at a better CAGR than the barcode printers phase from 2021 to 2026. The growing adoption of RFID printers in garment tagging functions and gaining stock visibility, in addition to for retrieving details about in-store actions, are key contributors to the expansion of the RFID and barcode printer market in retail. The demand for RFID and barcode printers is critical within the retail sector.
One of many key components for this excessive demand is the requirement of sustaining information by monitoring inventories by way of barcodes and RFID tags. Printers are used to print these tags at considerably low prices. In addition they print rugged and dependable labels, which might face up to all difficult circumstances comparable to abrasion, moisture, and excessive temperatures. Furthermore, the inclination of firms towards retailing and the expansion potential of the e-commerce enterprise the world over are additional anticipated to gasoline the expansion of the RFID and barcode printer market.
North America to account for the biggest share throughout 2021-2026
The area has the presence of numerous suppliers of RFID and barcode printers, together with Zebra Applied sciences, Honeywell Worldwide, and Brother Industries. North America is likely one of the largest contributors to the RFID and barcode printer market.
Moreover, the US leads the market in North America owing to its well-established financial system that encourages elevated authorities and personal investments in new applied sciences. RFID and barcode labels and tags assist achieve details about the situation and the standing of property and those that can be utilized for growing workers productiveness and optimizing asset utilization in varied industries. This results in the elevated adoption of RFID and barcode printers within the manufacturing, transportation, and healthcare industries in North America.
Key Matters Lined:
2 Analysis Methodology
3 Government Abstract
4 Premium Insights
4.1 Engaging Progress Alternatives for RFID and Barcode Printer Market
4.2 RFID and Barcode Printer Market, by Printer Kind
4.3 RFID and Barcode Printer Market, by Utility
4.4 RFID and Barcode Printer Market, by Format Kind
4.5 RFID and Barcode Printer Market, by Printing Expertise
4.6 RFID and Barcode Printer Market, by Area
5 Market Overview
5.2 Market Dynamics
184.108.40.206 Growing Set up of RFID and Barcode Methods in Manufacturing Items to Enhance Productiveness to Deal with Impression of COVID-19
220.127.116.11 Rising Use of RFID and Barcode Printers in Flourishing International E-Commerce Trade
18.104.22.168 Surging Want for Enchancment in Stock Administration
22.214.171.124 Rising Demand for Cell Printers Primarily based on Wi-fi Applied sciences
126.96.36.199 Stringent Printing Rules
188.8.131.52 Poor Picture High quality of Barcode Labels
184.108.40.206 Rising Use of RFID and Barcode Printers in Provide Chain Trade
220.127.116.11 Growing Deployment of RFID and Barcode Printers in Hospitals
18.104.22.168 Rising International Adoption of RFID and Barcode Tags Enabled by Trade 4.0, IoT, and Good Manufacturing
22.214.171.124 Low Distinction of RFID and Barcode Parts
126.96.36.199 Excessive Warmth Settings of Barcode Printers Can Result in Smudged Bar Strains
5.3 RFID and Barcode Printer Market: Worth Chain Evaluation
5.4 Pricing Evaluation
5.5 Porter’s 5 Forces Evaluation
5.6 Patent Evaluation
5.7 Requirements and Rules Concerning RFID and Barcode Printers
5.8 Commerce Evaluation
5.9 Case Research
5.10 Expertise Developments
6 RFID and Barcode Printer Market, by Printer Kind
7 Totally different Connectivity Forms of RFID and Barcode Printers
8 RFID and Barcode Printer Market, by Printing Expertise
9 RFID and Barcode Printer Market, by Printing Decision
10 RFID and Barcode Printer Market, by Format Kind
11 RFID and Barcode Printer Market, by Utility
12 Geographic Evaluation
13 Aggressive Panorama
14 Firm Profiles
14.2 Key Gamers
14.2.1 Zebra Applied sciences Company
14.2.2 Sato Holdings Company
14.2.3 Honeywell Worldwide
14.2.4 Seiko Epson Company
14.2.5 Avery Dennison Company
14.2.7 GoDEX Worldwide
14.2.8 Toshiba Tec Company
14.2.9 Linx Printing Applied sciences
14.2.10 Brother Worldwide Company
14.3 Different Key Gamers
14.3.1 Star Micronics
14.3.3 Primera Expertise
14.3.4 Postek Electronics
14.3.5 TSC Auto Id Expertise Co. Ltd.
14.3.6 Wasp Barcode Applied sciences
14.3.8 Cab Produkttechnik GmbH & Co.Kg
14.3.9 Oki Electrical Trade Co. Ltd.
14.3.11 Citizen Methods Europe
14.3.12 Tharo Methods
14.3.13 Stallion Group
14.3.14 Rongta Expertise (Xiamen) Group
14.3.15 Boca Methods
For extra details about this report go to https://www.researchandmarkets.com/r/nmt2ca