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 measurement was valued at USD 3.9 billion in 2021 and is projected to succeed in USD 5.3 billion by 2026. It’s anticipated to develop at a CAGR of 6.4% throughout the forecast interval.
Rising set up of RFID and barcode methods in manufacturing items to enhance productiveness to deal with 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 cell printers based mostly on wi-fi applied sciences are the important thing driving elements 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 the next CAGR throughout the forecast interval
The cell printers section of the RFID and barcode printer market is projected to develop on the highest CAGR from 2021 to 2026. The demand for cell 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, cell printers are utilized in a lot of industries for printing barcodes and RFID labels and tags. They’ve sure options, making the printing of barcode and RFID labels, tags, and receipts straightforward. These options embody sturdiness, robustness, and ruggedness, alongside with the simplicity of use, straightforward connection with cell 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 throughout the forecast interval
The barcode printers section accounted for a bigger measurement of the RFID and barcode printer marketplace for direct thermal expertise than the RFID printers section. Direct thermal printing technology-based RFID and barcode printers are perfect for high-volume printing purposes. They’re the simplest and most cost-effective answer utilized in short-term purposes. They’re employed for printing labels meant for momentary use, corresponding to delivery labels and meals packaging labels. The direct thermal section is projected to steer the RFID and barcode printer market from 2021 to 2026. The expansion of this section of the market could 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 throughout the forecast interval
The RFID printers section of the RFID and barcode printer marketplace for retail is projected to develop at the next CAGR than the barcode printers section from 2021 to 2026. The growing adoption of RFID printers in garment tagging purposes 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 elements for this excessive demand is the requirement of sustaining information by monitoring inventories by 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 stand up to all difficult situations corresponding to abrasion, moisture, and excessive temperatures. Furthermore, the inclination of firms towards retailing and the expansion potential of the e-commerce enterprise internationally are additional anticipated to gas 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 a lot of suppliers of RFID and barcode printers, together with Zebra Applied sciences, Honeywell Worldwide, and Brother Industries. North America is without doubt 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 acquire details about the placement and the standing of property and those that can be utilized for growing employees productiveness and optimizing asset utilization in numerous 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 Govt Abstract
4 Premium Insights
4.1 Engaging Progress Alternatives for RFID and Barcode Printer Market
4.2 RFID and Barcode Printer Market, by Printer Sort
4.3 RFID and Barcode Printer Market, by Software
4.4 RFID and Barcode Printer Market, by Format Sort
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
188.8.131.52 Rising Set up of RFID and Barcode Methods in Manufacturing Items to Enhance Productiveness to Sort out Impact of COVID-19
184.108.40.206 Rising Use of RFID and Barcode Printers in Flourishing World E-Commerce Trade
220.127.116.11 Surging Want for Enchancment in Stock Administration
18.104.22.168 Rising Demand for Cell Printers Based mostly on Wi-fi Applied sciences
22.214.171.124 Stringent Printing Laws
126.96.36.199 Poor Picture High quality of Barcode Labels
188.8.131.52 Rising Use of RFID and Barcode Printers in Provide Chain Trade
184.108.40.206 Rising Deployment of RFID and Barcode Printers in Hospitals
220.127.116.11 Rising World Adoption of RFID and Barcode Tags Enabled by Trade 4.0, IoT, and Sensible Manufacturing
18.104.22.168 Low Distinction of RFID and Barcode Components
22.214.171.124 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 Laws 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 Sort
7 Completely 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 Sort
11 RFID and Barcode Printer Market, by Software
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