Portable Scanner Market 2019 Segments, Growth, Key Vendors Analysis, Upcoming Opportunities, Competitive Landscape, Strategies, Share, Forecast Trends 2023

June 11 22:15 2020
Portable Scanner Market 2019 Segments, Growth, Key Vendors Analysis, Upcoming Opportunities, Competitive Landscape, Strategies, Share, Forecast Trends 2023

Portable Scanner Market
Global Portable Scanner market is estimated to grow at CAGR of approximately 6% during the forecast period of 2019-2023. Portable Scanner Market Report by Type (Stationary Scanner, Non-Rugged Barcode Scanner, Automatic Scanner), Technology (2D Imager, Linear Imager Laser Scanners), End-User (Transportation & Logistics, Industrial Manufacturing) by Global Forecast to 2023

Market Highlights

Portable scanner market are widely used for digitizing printed documents by scanning their physical formats. Over the past few years, portable scanners are garnering a considerable market prominence, mainly due to their ever-exhibiting benefits such as mobility, portability, smooth operating system and compatibility with other operating systems, such as mac and windows.

Portable Scanner Market are extensively adopted in various industries such as transportation & logistics, retail, healthcare, education, and industrial manufacturing, among others. The increasing uptake in the burgeoning industries is escalating the market on the global platform. According to Market Research Future (MRFR), the global portable scanner market will garner exponential accruals with approximately 6% CAGR during the review period (2017 – 2023).

The emergence of 3D scanning solutions that have been aiding in reducing the downtime in many industrial processes is driving the uptake and demand in the market. Large technological advances are a major driving force behind the growth of the market. These technological advancements are enabling documents to get directly delivered to the user’s phone, MP3’s, and other devices that contain a USB port, without the need of a computer or fax machine.

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The emergence of cost-effective laser technology and adoption of portable scanners in education and corporate sector is fostering the growth of the market.  Moreover, the uptake of portable scanners in the healthcare industry to have a proper inspection of drugs in stores is fuelling the growth of the market.

On the other hand, the high initial cost of investment and lack of security standards are some of the factors expected to impede the growth of the market to a certain extent. Nevertheless, factors such as the increasing investments in R&D activities and rising expenditures are expected to support market growth over the assessment period.

Major Players:

Players leading the global portable scanner market are Honeywell International Inc. (US), Zebra Technologies (US), Hewlett-Packard (US), Metrologic Instruments (US), Datalogics S.P.A (Italy), Opticon (Australia), Epson America Inc. (US), Fujitsu Limited (Japan), SATO Holdings Corporation (Japan), TouchStar Technologies (UK), and Toshiba TEC Corporation (Japan), among others.

Global Portable Scanner Market – Segmentations

The report is segmented into four key market dynamics to widen the scope of understanding,

By Type: Stationary Scanner, Non-Rugged Barcode Scanner, and Automatic Scanner, among others.

By Technology: 2D Imager and Linear Imager Laser Scanners, among others.

By End-user: Transportation & Logistics, Retail, Healthcare, Education, and Industrial Manufacturing, among others.

By Regions: Asia Pacific,North America, Europe, and the Rest-of-the-World.

Global Portable Scanner Market – Geographical Analysis

The North American region dominates the global portable scanner market with the highest market share. The presence of major portable scanner manufacturers and the high demand for portable scanners in education and corporate sector are factors aiding the regional market growth.

Moreover, favorable reimbursement scenarios and the large and organized industry in the region are fostering the market growth in the region.  Also, technological innovations in the manufacturing techniques and the increase in the demand from the healthcare sector, are boosting the growth of the regional market. 

The portable scanner market in the European region takes the second lead. Factors, such as the increasing improvements in reimbursement policies and the huge demand from burgeoning sectors such as automotive and healthcare drive the European portable scanner market. European countries such as Germany, France, and the UK, spend a lot on the manufacturing of scanning devices for healthcare requirement.

The Asia Pacific portable scanner market has emerged as a promising market for portable scanners, globally. The region is estimated to exhibit the fastest growth rate throughout the forecast period owing to the increasing awareness towards the benefits of portable scanners increasing per capita income, especially in China and India.

The steady growth in emerging markets, such as India, China, and the other APAC countries serves as a significant growth opportunity for market players in the portable scanner market.  Also, the presence of major Japanese players, such as Fujitsu Limited, SATO Holdings Corporation, Toshiba TEC Corporation, is positively impacting the growth of the market. The region estimated to be the fastest growing in the portable scanner market fuelled by the growing education sector and development in the IT infrastructure.

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Global Portable Scanner Market   – Competitive Analysis

Fiercely competitive, the portable scanner market appears to be fragmented due to the presence of many small and large-scale players. Mergers & acquisitions, expansion, innovation, and brand reinforcement remain key trends of the leading players to gain a competitive advantage in the market. The structure of the portable scanner market is changing due to the acquisition of local manufactures by multinational companies. Some of the multinational organizations adopt strategic initiatives to increase the profit as well as to reduce the competition significantly.

Industry/ Innovation/ Related News:

July 17, 2019 —- Hexagon Manufacturing Intelligence (India), a leading global provider for design, measurement, and visualization technologies, launched a cutting-edge 3D laser scanner – RS6 Laser, for the new generation of Absolute Arm portable measuring arm systems. This new portable arm high-productivity 3D laser scanner offers extremely high-density point-cloud data collection at high speeds and high accuracy.

The RS6 delivers unmatched productivity improvements over competing for scanning solutions. RS6 scanner introduces SHINE, an advanced set of algorithms that enables it to measure at the highest quality and accuracy setting with no reduction in laser scan line width or scanning frame rate.

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