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At 5+% CAGR, RFID and Barcode Printer Market Potentially Worth $4.81 Billion by 2022 Led by Industrial Printers

PUNE, India, May 4, 2017 /PRNewswire-iReach/ -- The APAC is expected to be the fastest-growing RFID and barcode printer market during the forecast period. The leading companies providing barcode and RFID printers are based in APAC. The Asian markets, especially in Japan and China, are more likely to govern this market in the years to come in terms of adaptability and market size. China currently holds the largest share of the market owing to the higher adoption of barcode and RFID printers in various industries in APAC are fueling the growth of this market in this region. Complete report on "RFID and Barcode Printer Market" spread across 181 pages, profiling 12 companies and supported with 62 tables and  80 figures is now available at http://www.rnrmarketresearch.com/rfid-and-barcode-printer-market-by-type-industrial-desktop-mobile-technology-thermal-transfer-direct-thermal-inkjet-resolution-below-300-dpi-301-600-connectivity-industry-manufacturing-retail-healt-st-to-2022-market-report.html .

The industrial printers to dominate the RFID and barcode printer market during the forecast period. Industrial printers held the largest size of the RFID and barcode printer market in 2016. Industrial printers in manufacturing industry are used for applications such as address labels, apparel tagging, apparel tags, asset tracking, automotive labeling, incoming goods labeling, item identification. Logistic tracking, pallet labeling, paper/pulp labeling, price labeling, price ticketing, product and service information, and product fact tags are the applications in which these printers are used to print the labels and tags in the manufacturing industry. Industrial printers are expected to hold the largest size of this market during the forecast period due to the increasing demand in developing countries and the need for real-time information pertaining to the exact location of other assets.

The manufacturing industry holds a major share of the RFID and barcode printer market during the forecast period. The market for the manufacturing industry is expected to grow at a high rate between 2017 and 2022. RFID and barcode printers are being used in the manufacturing industry in applications such as automated inspection and identification in production process using barcode labels and tags. Labels and tags used in the manufacturing industry to manage the asset lifecycle cost and increase the lifecycle of an equipment as well as reliability. Industrial barcode printers in the manufacturing industry are commonly used to print labels and tags used for track and trace applications and workflow optimization.

This research study is obliging for following audience:

  1. Associations and industrial bodies
  2. Barcode and RFID printer manufacturers
  3. Research and development organizations
  4. Producers and suppliers of printer accessories
  5. Printer designers and fabricators
  6. System integrators
  7. Technology providers and investors

The key players operating in the RFID and barcode printer market include Zebra Technologies Corporation (US), Honeywell International Inc. (US), Toshiba TEC Corporation (Japan), Sato Holdings Corporation (Japan), TSC Auto ID Technology Co., Ltd. (Taiwan), Avery Dennison Corporation (US) , Wasp Barcode Technologies (US) , Postek Electronics Co., Ltd. (China), Dascom Printer (Jiangmen) Co., Ltd. (China).Download PDF Brochure "RFID and Barcode Printer Market by Type (Industrial, Desktop, Mobile), Technology (Thermal Transfer, Direct Thermal, Inkjet), Resolution (Below 300 dpi, 301-600), Connectivity, Industry (Manufacturing, Retail, Healthcare) - Global Forecast to 2022" research report at http://www.rnrmarketresearch.com/contacts/request-sample?rname=988518 .

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (40%), Tier 2 (35%) and Tier 3 (25%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (62%) and Directors (38%) from various key organizations operating in the global RFID and barcode printer market. The primary interviews were conducted worldwide covering regions such as North America (32%), Europe (28%), Asia-Pacific (25%) and RoW (15%).

Research Coverage: The research report on the global RFID and barcode printer market covers the market on the basis of type, technology, printing resolution, industry, and geography. The market, on the basis of type, has been segmented into industrial, desktop, and mobile printer. On the basis of technology, the RFID and barcode printer market has been classified into thermal transfer, direct thermal, and inkjet. The market on the basis of printing resolution has been segmented into below 300 dpi, between 301 and 600 dpi, and above 600 dpi. Further, the RFID and barcode printer market on the basis of industry has been segmented into manufacturing, retail, healthcare, government, entertainment, and others. The report covers 4 major geographical regions, namely, North America, Europe, APAC, and RoW.

On a related note, another research titled Large Format Printer Market Global Trends & Forecast to 2022 says, the global large format printer market is expected to reach $8.42 billion which includes both hardware and after-sales services, and the market is expected to witness a shipment of 398.3 thousand units by 2022, at a CAGR of 3.0% and 4.4%, respectively, between 2016 and 2022. Signage application to remain the leading segment in terms of value of the large format printer market during the forecast period. Asia-Pacific market is expected to grow at the highest rate during the forecast period. Companies such as HP Inc. (U.S.), Canon Inc. (Japan), Epson (Japan), Ricoh (Japan), Mimaki (Japan), Roland DG Corp. (Japan), Xerox(U.S.), Konica Minolta (Japan), Agfa-Gevaert (Belgium), and EFI Inc. (U.S.) have been profiled in this 178 pages research report available at http://www.rnrmarketresearch.com/large-format-printer-market-by-print-width-17-to-72-and-above-ink-type-aqueous-solvent-uv-cured-latex-and-dye-sublimation-application-apparels-signage-advertising-tile-m-market-report.html .

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