Mexico 2d Barcode Reader Market Size & Outlook, 2023-2030
Mexico 2d barcode reader market, 2018-2030 (US$M)
Related Markets
Mexico 2d barcode reader market highlights
- The Mexico 2d barcode reader market generated a revenue of USD 90.2 million in 2023 and is expected to reach USD 145.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.1% 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 90.2 million |
| Market revenue in 2030 | USD 145.9 million |
| Growth rate | 7.1% (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, Mexico accounted for 1.2% 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 Scope
2D Barcode Reader Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 72.95% in 2023. Horizon Databook has segmented the Mexico 2d barcode reader market based on handheld, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
With the rising cost of operations globally, major manufacturers are shifting their operation units to Mexico due to the availability of cost-effective resources.
Further, the growing digitization and electrification of manufacturing units in Mexico are boosting the demand for superior barcode applications with scanning and reading devices are the major driving factors in the market.
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Target buyers of Mexico 2d barcode reader market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 Mexico 2d barcode reader market , including forecasts for subscribers. This country databook contains high-level insights into Mexico 2d barcode reader market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico 2d barcode reader market size, by product, 2018-2030 (US$M)
Mexico 2D Barcode Reader Market Outlook Share, 2023 & 2030 (US$M)
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