Brazil 2d Barcode Reader Market Size & Outlook, 2023-2030
Brazil 2d barcode reader market, 2018-2030 (US$M)
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Brazil 2d barcode reader market highlights
- The Brazil 2d barcode reader market generated a revenue of USD 117.0 million in 2023 and is expected to reach USD 198.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, handheld was the largest revenue generating product in 2023.
- Handheld is the most lucrative product segment registering the fastest growth during the forecast period.
2d barcode reader market data book summary
| Market revenue in 2023 | USD 117.0 million |
| Market revenue in 2030 | USD 198.1 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Handheld |
| Fastest growing segment | Handheld |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Handheld, Fixed |
| Key market players worldwide | Casio Computer Co Ltd, Cognex Corp, Datalogic SPA Az nom Post Frazionamento, Denso Corp, Honeywell International Inc, Novanta Inc, Juniper Networks Inc, Keyence Corp, OMRON Corp, Sato Holdings Corp, SICK, Inc, Zebra Technologies Corp Class A |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.5% of the global 2d barcode reader market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil 2d barcode reader market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 198.1 million by 2030.
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2D Barcode Reader Market Scope
2D Barcode Reader Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 2d barcode reader market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 2d barcode reader market will help companies and investors design strategic landscapes.
Handheld was the largest segment with a revenue share of 68.29% in 2023. Horizon Databook has segmented the Brazil 2d barcode reader market based on handheld, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil has a large industrial base in the fields of automotive, petroleum processing, production, and aerospace. Further, the food and beverage industry are a crucial sector in the country.
Organizations approach Brazil due to the abundance of raw materials and human resources availability has helped Brazil in industrial development.
Further, leads to an increase in the adoption and development of superior barcode reading, scanning, and labeling technologies is expected to lead the market demand in Brazil.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil 2d barcode reader market , including forecasts for subscribers. This country databook contains high-level insights into Brazil 2d barcode reader market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil 2d barcode reader market size, by product, 2018-2030 (US$M)
Brazil 2D Barcode Reader Market Outlook Share, 2023 & 2030 (US$M)
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