UK 2d Barcode Reader Market Size & Outlook, 2023-2030
UK 2d barcode reader market, 2018-2030 (US$M)
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UK 2d barcode reader market highlights
- The UK 2d barcode reader market generated a revenue of USD 191.7 million in 2023 and is expected to reach USD 278.1 million by 2030.
- The UK market is expected to grow at a CAGR of 5.5% 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 191.7 million |
| Market revenue in 2030 | USD 278.1 million |
| Growth rate | 5.5% (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, UK accounted for 2.5% 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 Europe, UK 2d barcode reader market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 237.9 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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UK 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 79.55% in 2023. Horizon Databook has segmented the UK 2d barcode reader market based on handheld, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the U.K. market can be attributed to the aggressive government initiatives in digitization and automation of industries and processes.
The adoption of digital technologies is particularly opening opportunities for superior barcode scanning and reading devices with operational capabilities such as sorting, identifying, verifying, recording, and sharing information for the quick response and fast decision-making thereby contributing to the growth of the regional market.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the UK 2d barcode reader market , including forecasts for subscribers. This country databook contains high-level insights into UK 2d barcode reader market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK 2d barcode reader market size, by product, 2018-2030 (US$M)
UK 2D Barcode Reader Market Outlook Share, 2023 & 2030 (US$M)
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