Barcode Verifiers Market in India (2018-2023) Overview, Trade Analysis, Trends, Drivers, Challenges, and Key Players (Honeywell Automation India Limited, Bartronics India Limited, Bar Code India Limited, Intex Technologies India Limited, TVS Electronics Limited, Others)

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  • Market insights:

    The adoption rate of barcode verifiers in different industries - such as pharmaceuticals, logistics, healthcare, supply chain inventory, retail, and automotive - in India is expected to expand at an approximate rate of 33% in the next five years. Based on technology, barcode verifiers can be segmented into barcode verifiers with camera-based readers, charge-coupled device readers, laser scanners, omnidirectional barcode scanners, pen type readers, radio-frequency identification (RFID) readers, and smartphone-based scanners. Depending on the type, barcode verifiers are categorized into rugged barcode scanners and non-rugged barcode scanners. Out of the different types of barcode verifiers, rugged barcode scanners are the ones most widely used across various industries. Among the major players, Zebra Technologies, Honeywell, SATO, Argox, and TVS Electronics acquired a share of more than 75% in the barcode verifiers market in India.


    In India, both the export and import of barcode scanners have increased between FY 2014 and FY 2018, in terms of value and volume. The largest export destination of Indian barcode scanners is France. Value-wise, India has recorded the highest import of barcode scanners from China; volume-wise, the maximum number of barcode scanners have been imported from Taiwan.

    Market trends:

    o RFID technology has evolved as a substitute for barcode technology for identifying and locating objects.

    o Two-dimensional (2D) barcodes and barcode scanners are the next generation of barcodes, since they are technologically more advanced than 1D bar codes.

    o Developers have started designing smarter barcodes so that authorized individuals can retrieve the barcode data, while ensuring consumer protection.

    Key growth driver of the market:

    Currently, a number of industries, like retail, healthcare, aviation baggage, logistics and supply chain inventory, and automotive, use barcode verifiers for collating and computing the data which help them in inventory management and in keeping track of sales figures. This, in turn, is driving the growth of the barcode verifier market in India.

    Key deterrents to the growth of the market:

    Unreadable barcodes (owing to low contrast prints, and dead zone violation) can cause problems in the scanning process. Malfunctioning of verifiers and their inability to read the SKU codes of products result in stained seller-buyer relationships.

    Companies covered:

    o Bar Code India Limited

    o Bartronics India Limited

    o Honeywell Automation India Limited

    o Best IT World (India) Private Limited (iBall)

    o Intex Technologies India Limited

    o Pegasus Technologies Private Limited

    o SATO Argox India Private Limited

    o TVS Electronics Limited

    Customizations available

    With the given market data, we offer customizations according to specific needs.


  • With tables and figures helping analyze worldwide Barcode Verifiers market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Chapter 1: Executive summary
    Chapter 2: Socio-economic indicators
    Chapter 3: Barcode verifiers market in India
    3.1. Barcode verifiers market - definition and structure
    3.2. India barcode verifiers market - overview
    Chapter 4: Trade analysis
    4.1. Export
    4.1.1. Value-wise
    4.1.2. Volume-wise
    4.1.3. Country-wise
    4.2. Import
    4.2.1. Value-wise
    4.2.2. Volume-wise
    4.3.3. Country-wise
    Chapter 5: Key growth drivers of the market
    Chapter 6: Key deterrents to the growth of the market
    Chapter 7: Key market trends
    Chapter 8: Competitive landscape
    8.1. Bar Code India Limited
    o Corporate information
    o Business description
    o Products and services
    o Key people
    o Financial snapshot (total income, net profit/loss) (only for public companies)
    o Key ratios (only for public companies)
    o Business segments, geographic segments (only for public companies)
    Note: Similar information areas will be covered for the remaining competitors
    8.2. Bartronics India Limited
    8.3. Honeywell Automation India Limited
    8.4. Best IT World (India) Private Limited (iBall)
    8.5. Intex Technologies India Limited
    8.6. Pegasus Technologies Private Limited
    8.7. SATO Argox India Private Limited
    8.8. TVS Electronics Limited

    1. Research methodology

    2. About Research On Global Markets


  • The Barcode Verifiers Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
      By Regions:
        By Type:
          By Application:
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          Research objectives

          Where will all these developments take the industry in the long

          To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

          What are the future opportunities in the market?

          To understand the structure of Market by identifying its various subsegments.

          What are the major driving forces expected to impact the development of the market market across different regions?

          To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

          Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

          To project the consumption of market submarkets, with respect to key regions.

          Who are the major driving forces expected to decide the fate of the industry worldwide.

          To strategically profile the key players and comprehensively analyze their growth strategies.

          What are the key barriers and threats believed to hinder the development of the industry?

          To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

          Who are the prominent market players making a mark in the market with their winning strategies?

          To share detailed information about the key factors influencing the growth of the market

          What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

          Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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