Industrial Barcode Scanner Market to Grow by USD 2.61 Billion from 2024-2028

The global industrial barcode scanner market  size is estimated to grow by USD 2.61 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  10.68%  during the forecast period.  Evolution of industry 4.0 is driving market growth, with a trend towards use of wearables with the same functionalities as traditional barcode scanners.

The industrial barcode scanner market is expected to witness significant growth during the forecast period due to the increasing adoption of advanced wearable devices. Traditional barcode scanners are being replaced with smart glasses, which offer additional functionalities like barcode and QR code scanning. DHL is one of the companies that have already adopted smart glasses in their logistics operations. However, ensuring the barcodes are within the line of sight of the device for decoding remains a challenge. Improvements in barcode formats, such as linear and laser, are expected to address this issue, leading to the widespread adoption of smart glasses in place of traditional wearable scanners. This trend will positively impact the growth of the global industrial barcode scanner market.

The Industrial Barcode Scanner market is witnessing significant growth due to automation trends in various industries. Retail outlets, e-commerce, courier services, and e-retailers are increasingly adopting barcode scanning technology for digitization and data exchange. Industrial cameras and cyber-physical systems are integrating barcode scanning equipment into robots and AI for real-time insight in logistics industry. 2D scanners, data matrices, and QR codes are popular for identifying and tracking goods, parts, and assets in industrial settings. Design and high-performance capabilities are essential for barcode scanners in demanding locations like production floors and warehouses. Laser and image scanners, RFID systems, portable, and fixed-mount handheld scanners cater to diverse industrial needs. The market is expected to grow further with the integration of cloud technology and semi-autonomous techniques.