China 2d Barcode Reader Market Size & Outlook, 2023-2030
China 2d barcode reader market, 2018-2030 (US$M)
Related Markets
China 2d barcode reader market highlights
- The China 2d barcode reader market generated a revenue of USD 1,492.8 million in 2023 and is expected to reach USD 2,886.2 million by 2030.
- The China market is expected to grow at a CAGR of 9.9% 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 1,492.8 million |
| Market revenue in 2030 | USD 2,886.2 million |
| Growth rate | 9.9% (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, China accounted for 19.4% 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 Asia Pacific, China 2d barcode reader market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 337.7 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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China 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 58.59% in 2023. Horizon Databook has segmented the China 2d barcode reader market based on handheld, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
China holds a signification position in the manufacturing industry with the presence of a large industrial base due to key factors like cost-effectiveness, availability of raw materials, and ease of operations organizations are constantly involved in installing their manufacturing in China.
Further, China is known for utilizing space, time, and resources in recent years the adoption of 2D barcodes has grown significantly in the country as it offers reliability, speed, and accuracy in tracking shipments and inventories. Thus, boosting the demand for the 2D barcode reader market in the country.
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Our clientele includes a mix of 2d barcode reader market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China 2d barcode reader market , including forecasts for subscribers. This country databook contains high-level insights into China 2d barcode reader market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China 2d barcode reader market size, by product, 2018-2030 (US$M)
China 2D Barcode Reader Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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