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

The 2d barcode reader market in India is expected to reach a projected revenue of US$ 337.7 million by 2030. A compound annual growth rate of 11.3% is expected of India 2d barcode reader market from 2024 to 2030.
Revenue, 2023 (US$M)
$160.0
Forecast, 2030 (US$M)
$337.7
CAGR, 2024 - 2030
11.3%
Report Coverage
India

India 2d barcode reader market highlights

  • The India 2d barcode reader market generated a revenue of USD 160.0 million in 2023 and is expected to reach USD 337.7 million by 2030.
  • The India market is expected to grow at a CAGR of 11.3% 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 160.0 million
Market revenue in 2030USD 337.7 million
Growth rate11.3% (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, India accounted for 2.1% 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 Companies

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India 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 71.19% in 2023. Horizon Databook has segmented the India 2d barcode reader market based on handheld, fixed covering the revenue growth of each sub-segment from 2018 to 2030.


In India, the presence of a large e-commerce consumer base, manufacturing industry, and growing production & warehousing requirements are constantly evolving the demand for barcode technologies. 

The 2D barcode reader helps organizations in achieving the automation and digitization of business processes by minimizing human interventions and reducing operational costs. 

Further, the growing government initiatives towards smart manufacturing, industry 4.0, and digital India aims to create a positive environment for the adoption of the 2D barcode reader in the country.

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

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

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

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

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