Europe 2d Barcode Reader Market Size & Outlook, 2023-2030
Europe 2d barcode reader market, 2018-2030 (US$M)
Related Markets
Europe 2d barcode reader market highlights
- The Europe 2d barcode reader market generated a revenue of USD 1,393.7 million in 2023.
- The market is expected to grow at a CAGR of 6.3% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,393.7 million |
| Market revenue in 2030 | USD 2,133.8 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Handheld |
| Fastest growing segment | Handheld |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 18.1% of the global 2d barcode reader market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 656.7 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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Europe 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 75.4% in 2023. Horizon Databook has segmented the Europe 2d barcode reader market based on handheld, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
The manufacturing facilities hold a superior position in the region due to their significant contribution to the growth of GDP in countries such as Germany. Organizations to remain competitive in the highly dynamic business world are putting consistent efforts in the adoption of new and advanced technology for managing and tracking large inventories, shipments, and goods.
The adoption of 2D barcode readers is rising across the region in industries such as logistics, warehouse, manufacturing, retail, and e-commerce for process optimization and collecting business intelligence for fast decision-making, prevention of errors, minimizing workloads, and reduced cost of operations.
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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 continent-level data and insights on the Europe 2d barcode reader market , including forecasts for subscribers. This continent databook contains high-level insights into Europe 2d barcode reader market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe 2d barcode reader market size, by country, 2018-2030 (US$M)
Europe 2D Barcode Reader Market Outlook Share, 2023 & 2030 (US$M)
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