China Handheld Barcode Scanners industry was 86.50 Million USD in 2017

The China Handheld Barcode Scanners industry was 86.50 Million USD in 2017 and is projected to reach 104.72 Million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 2.42% between 2017 and 2025. The China Handheld Barcode Scanners industry was 2767.2 K Units in 2017 and is projected to reach 4293.5 K Units by 2025, at a CAGR (Compounded Annual Growth Rate) of 5.64% between 2017 and 2025.

The key players are Datalogic, Symbol Technologies (Zebra), Honeywell, Cognex, SICK, Newland, NCR, Denso Wave, Code, Microscan, Opticon Sensors, MINDEO, Zebex, CipherLAB, Bluebird, Argox (SATO), SUNLUX IOT and so on. The Top 3 players account for more than 50% market share. The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.

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Global Handheld Barcode Scanners Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

Asia-Pacific Handheld Barcode Scanners Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

The brands of Handheld Barcode Scanners can be divided into US brands, European brands, Asia brands and domestic brands. The number of US brands is relatively more; European brands mainly include Italian and Germany brands; and domestic enterprises mainly include Newland and MINDEO.

Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.

Despite the presence of competition problems, due to the China recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

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