Canada 2d Barcode Reader Market Size & Outlook, 2023-2030

The 2d barcode reader market in Canada is expected to reach a projected revenue of US$ 220.3 million by 2030. A compound annual growth rate of 8.3% is expected of Canada 2d barcode reader market from 2024 to 2030.
Revenue, 2023 (US$M)
$126.0
Forecast, 2030 (US$M)
$220.3
CAGR, 2024 - 2030
8.3%
Report Coverage
Canada

Canada 2d barcode reader market highlights

  • The Canada 2d barcode reader market generated a revenue of USD 126.0 million in 2023 and is expected to reach USD 220.3 million by 2030.
  • The Canada market is expected to grow at a CAGR of 8.3% 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 2023USD 126.0 million
Market revenue in 2030USD 220.3 million
Growth rate8.3% (CAGR from 2023 to 2030)
Largest segmentHandheld
Fastest growing segmentHandheld
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHandheld, Fixed
Key market players worldwideCasio 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, Canada accounted for 1.6% 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 North America, U.S. 2d barcode reader market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 220.3 million by 2030.

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2D Barcode Reader Market Companies

Name Profile # Employees HQ Website

Canada 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 73.25% in 2023. Horizon Databook has segmented the Canada 2d barcode reader market based on handheld, fixed covering the revenue growth of each sub-segment from 2018 to 2030.


The consistently rising e-commerce, retail, and transportation industries in Canada demands high-quality, reliable, and fast barcode scanning and reading application. 

Organizations to remain competitive in the market need to take faster decisions in less time the 2D barcode reader helps businesses track, record, and verify information at different stages within and outside the facility are the key factors driving the demand for 2D barcode readers in Canada.

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada 2d barcode reader market , including forecasts for subscribers. This country databook contains high-level insights into Canada 2d barcode reader market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada 2d barcode reader market size, by product, 2018-2030 (US$M)

Canada 2D Barcode Reader Market Outlook Share, 2023 & 2030 (US$M)

Canada 2d barcode reader market size, by product, 2018-2030 (US$M)

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