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Barcode Label Printer Market size is set to grow by USD 1.59 billion from 2024-2028, Increasing adoption of two-dimensional (2D) barcodes boost the market, Technavio

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NEW YORK, Aug. 14, 2024 /PRNewswire/ — The global barcode label printer market size is estimated to grow by USD 1.59 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 6.78%  during the forecast period. Increasing adoption of two-dimensional (2D) barcodes is driving market growth, with a trend towards recent developments in barcode label printer. However, increased adoption of RFID printers poses a challenge. Key market players include Avery Dennison Corp., Barcodes Inc., Brady Corp., Brother Industries Ltd., cab Produkttechnik GmbH and Co. KG, Citizen Watch Co. Ltd., Datalogic SpA, Fujitsu Ltd., GAINSCHA TECHNOLOGY GROUP Co., Honeywell International Inc., Newell Brands Inc., Panth Enterprise, Postek Technologies Inc., SATO Holdings Corp., Seiko Epson Corp., Shandong New Beiyang Information Technology Co. Ltd., Toshiba Corp., TSC Auto ID Technology Co. Ltd., WINCODE Technology Co. Ltd., and Zebra Technologies Corp.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Barcode Label Printer Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.78%

Market growth 2024-2028

USD 1592.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.23

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 34%

Key countries

US, China, Japan, Germany, and India

Key companies profiled

Avery Dennison Corp., Barcodes Inc., Brady Corp., Brother Industries Ltd., cab Produkttechnik GmbH and Co. KG, Citizen Watch Co. Ltd., Datalogic SpA, Fujitsu Ltd., GAINSCHA TECHNOLOGY GROUP Co., Honeywell International Inc., Newell Brands Inc., Panth Enterprise, Postek Technologies Inc., SATO Holdings Corp., Seiko Epson Corp., Shandong New Beiyang Information Technology Co. Ltd., Toshiba Corp., TSC Auto ID Technology Co. Ltd., WINCODE Technology Co. Ltd., and Zebra Technologies Corp.

Market Driver

The global barcode label printer market is experiencing a significant increase in new product launches, which is motivating consumers to explore and purchase a diverse range of barcode label printers based on their specific needs. This trend is intensifying competition in the market, leading manufacturers to innovate and differentiate their offerings. In January 2023, Citizen Systems America introduced the CL-H300SV, the latest addition to its desktop barcode printer lineup. TSC Auto ID Technology launched the Alpha-30R 3-Inch Performance Mobile Barcode Label Printer in June 2022, offering two models with varying features and media support. SATO Group unveiled the PV4 mobile barcode label printer in January 2021, catering to high-volume e-commerce operations with its best-in-class media capacity and versatile interface options. These product launches are expected to fuel the expansion of the global barcode label printer market in the coming years. 

The Barcode Label Printer market is witnessing significant trends, with mobile printers gaining popularity in various industry verticals. Packaged goods companies are automating production lines to streamline processes and reduce wastage. Output efficiency is key, with advancements in barcode technology, including Matrix, 2D codes like QR, and QR barcode readers on camera phones. Barcode printers come in various forms, from industrial to specialty models, printing on labels, receipts, and even directly onto physical objects. EANs and UPCs remain standard, while Radio Frequency Identification (RFID) and robotics are modern technologies driving innovation. Key sectors include packaged food, assembly lines, and production, aiming for quick response times. Technologies like Direct Thermal, Thermal Transfer, Ink Jet, Laser Printing, and Dot Matrix cater to different needs. A well-developed infrastructure supports this industry, with a strong development base in the Ecommerce industry. Metal ribbon capacity and printer types, including industrial, desktop, and portable models, further diversify the market. 

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Market Challenges

RFID label printers produce labels with a unique ID or electronic product code, featuring both a barcode and human-readable text. These printers integrate a reader and printer into one machine, catering to mass printing and encoding applications. While barcodes can store limited data, RFID tags, incorporated into these printers, offer non-volatile memory and can store up to 8 kb of information. With growing RFID technology adoption, manufacturers design RFID smart printers for handling common RFID inlays and large data storage. Their ease of service, integration with network technology, and enhanced capabilities contribute to their increasing popularity, potentially hindering the barcode label printer market growth.The Barcode Label Printer market faces several challenges in catering to diverse industry verticals. Specialty printers for barcode tags, receipts, and labels on physical objects require advanced technologies like EANs and UPCs for efficient tracking. Radio frequency identification (RFID) and robotics integration are becoming essential for modern industries, including the International Federation of Packaging Industries. Industrial printers for large-scale production, desktop printers for small businesses, and portable printers for on-the-go use each have unique requirements. Technology choices include direct thermal, thermal transfer, ink jet, laser printing, and dot matrix. A well-developed infrastructure is crucial, with features like Dual WiFi and Bluetooth options, PLC integration, and high-resolution barcode labels (600 dpi, 14 ips) becoming industry standards. Product types, such as packaged food, demand barcode labels with specifications like IMPACT series, Four-inch desktop printers, and printing speeds. Adapting to modern technologies while catering to various industries and product types requires innovative solutions. Metal barcode tags, ribbon capacity, and Ecommerce industry integration are additional considerations.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This barcode label printer market report extensively covers market segmentation by  

Product 1.1 Industrial printers1.2 Desktop printers1.3 Mobile printersApplication 2.1 Manufacturing2.2 Transportation and logistics2.3 Retail2.4 Healthcare2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Industrial printers-  Industrial printers play a crucial role in various industries for high-volume labeling applications, including order labeling and warehouse management. Zebra Technologies and Honeywell International are major vendors offering robust industrial printers, such as ZT600 Series and PXie Series, respectively. These printers cater to manufacturing, transportation and logistics, and retail sectors. Key applications of industrial printers include asset management, compliance labeling, cross-docking, lab sample tracking, receiving and shipping, reverse logistics, work-in-process tracking, inventory management, information labels, order labeling, and quality control. The advantages of industrial printers, like error-proof labeling, easy programmability, and advanced networking connectivity and security, fuel their demand, making the market for these printers grow significantly during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Barcode Label Printer market is experiencing significant growth due to the increasing demand for automation and streamlining in various industry verticals, particularly in packaged goods production. Mobile printers are gaining popularity for their flexibility and quick response, allowing for on-demand labeling in assembly lines and production areas. Barcodes, including Matrix barcodes, 2D codes, EANs, and UPCs, are essential for efficient tracking and reducing wastage. Modern technologies like radio frequency identification (RFID) and robotics are also being integrated into barcode label printers to enhance output efficiency and productivity. The International Federation for Automation and the use of industrial robots further contribute to the advancement of this market. Innovative solutions cater to diverse industry needs, from industrial printers for large-scale production to desktop and portable printers for small businesses. The market continues to evolve, offering solutions for various product types, such as packaged food, to meet the demands of the modern production landscape.

Market Research Overview

The Barcode Label Printer market is witnessing significant growth due to the increasing automation and streamlining of processes in various industry verticals. Mobile printers are gaining popularity in packaged goods sectors for quick response and on-demand labeling. Modern technologies like Matrix barcodes, 2D codes, and QR barcode readers are enhancing output efficiency and reducing wastage. Barcode printers come in various types, including industrial, desktop, and portable models, using technologies like direct thermal, thermal transfer, ink jet, laser printing, and dot matrix. The market is driven by the need for efficient production time and the increasing use of barcodes on physical objects, such as EANs and UPCs. Innovative solutions are also being developed for industries like packaged food, using advanced technologies like radio frequency identification, robotics, and PLC integration. With a well-developed infrastructure and a wide development base, the market is expected to continue growing, with new offerings like Dual WiFi and Bluetooth options, high-resolution printing, and specialty printers for specific applications.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductIndustrial PrintersDesktop PrintersMobile PrintersApplicationManufacturingTransportation And LogisticsRetailHealthcareOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

Leoguar Electric Bike Makes Christmas Unforgettable with Exclusive Holiday Offers

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HOUSTON, Dec. 25, 2024 /PRNewswire/ — As the holiday season draws near, Leoguar is excited to offer exclusive deals on their range of electric bikes, bringing families together for memorable moments. With a collection designed to combine fun and fitness, this Christmas is the perfect time to gift an unforgettable experience.

“This Christmas, we’re inviting families to rediscover the joy of outdoor exploration. Our bikes help you bond, stay active, and make the most of every moment,” said the Leoguar COO.

Leoguar’s holiday lineup offers premium e-bikes for every rider, now with unbeatable deals: 

Flippo Folding eBike: A lightweight, foldable ride perfect for urban commutes. Upgrade to the Flippo Pro for enhanced performance with a torque sensor for smoother rides.

Fastron Fat Tire eBikes: Built for rugged terrains, the Fastron features a durable, rugged build, and speeds up to 28 MPH, making it the perfect choice for adventurous riders.

Zephyr Beach Cruiser eBikes: Crafted for effortless coastal cruising, the design combines style and comfort, featuring a comfort saddle that ensures a smooth, seamless ride.

Sprint Utility eBike: A versatile, practical choice featuring a sturdy frame and passenger seat, perfect for errands or leisure.

Trailblazer EMTB: Designed for tough off-road trails, the model features a 500W mid-drive motor, offering powerful performance, extended range, and excellent climbing ability.

To make this holiday gift even sweeter, all Leoguar bikes come with free shipping and a two-year warranty for worry-free riding. Additionally, customers can join the holiday giveaway to win prizes like $59 bottle holders, or even a free e-bike!

Leoguar bikes cater to all experience levels, offering comfort and a seamless riding experience. They promote health benefits like improved fitness and stress relief while creating lasting memories on scenic rides.

“Whether it’s cruising the city streets, riding mountain trails, or relaxing by the beach, a Leoguar electric bike is the ideal Christmas gift,” the COO added. “This holiday season, choose a cycling gift that will last for years to come — there’s no better way to kick off the new year.”

To check out the full collection and take advantage of these limited-time offers, visit www.leoguarbikes.com

About Leoguar:

Leoguar is an eco-conscious e-bike brand founded by Johnny, an engineer with decades of industry expertise. Combining innovation, agility, and power, Leoguar delivers high-quality electric bikes designed for adventure, sustainability, and individuality.

Media contact: lily@leoguarbikes.com 

 

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SOURCE Leoguar Electric Bikes

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2024 Financial Oscars: Waton Securities International Honored as “Outstanding Digital Empowerment Institution” of the Year

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SHENZHEN, China, Dec. 25, 2024 /PRNewswire/ — In early December, at the 18th Huaxia Institutional Investor Annual Conference of 2024, the 18th Golden Cicada Awards were announced. Waton Securities International was awarded the “Outstanding Digital Empowerment Financial Institution of 2024” for its significant achievements in securities brokerage and fin-tech sector.

The selection for the “Outstanding Digital Empowerment Financial Institution” focused on evaluating companies based on financial performance, market competitiveness, customer recognition, digital strategy planning and implementation, digital transformation outcomes, and risk control capabilities. Particularly, it highlighted cases that have made significant strides in digital empowerment.

The evaluation also emphasized the outstanding performance of financial institutions in their own digital transformation and the sound risk control abilities demonstrated during this process, ensuring that while pursuing innovation, companies can effectively manage and control risks. Waton Securities International distinguished itself among the contenders with its sophisticated technology platform, well-defined digital strategy, substantial transformation achievements, and commendable risk control mechanisms.

Established in Hong Kong in 1989, Waton Securities International has steadily grown with a deep understanding of professional financial services and regulatory compliance. It has obtained licenses 1/4/5/9 from the Hong Kong Securities and Futures Commission, becoming a fully licensed brokerage with comprehensive financial service qualifications. Through continuous technological innovation and digital transformation, it has successfully built a one-stop brokerage cloud service platform, promoting advanced digital financial technology globally. Its pioneering SaaS product, “Broker Cloud”, allows corporate clients to independently deploy and operate high-performance digital customer information management and trading systems without their own IT teams. The solution is relatively low-cost and adaptive to industry, which is the core competitiveness of Waton Securities International.

Data reveals that of the 1,100 securities firms in Hong Kong, approximately 600 are actively trading, yet fewer than 50 have developed their own mobile applications. On a global scale, among the 30,000 securities companies, only a handful—less than 300—feature brokerage trading Apps in App stores. This underscores a significant market demand for the digital enhancement of the securities sector.

With the swift growth of technologies like generative AI LLMs, blockchain, big data, and cloud computing, the securities industry can use these tools to streamline trading strategies, assess risks more accurately, and forecast market trends. These technologies also help the industry to move towards more integrated, platform-focused, and digital operations. The main goal of technology in finance is to increase the efficiency of financial institutions. A good starting point for applying technology is to focus on financial services and build a solid technical foundation for these institutions.

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SOURCE Waton Securities

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Mega Matrix Announced that the English Version of “Getting Even: The Secret Prodigy’s Playbook” Now Streaming on FlexTV

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SINGAPORE, Dec. 25, 2024 /PRNewswire/ — The highly anticipated English adaptation of the revenge rebirth series, Getting Even: The Secret Prodigy’s Playbook, officially premiered on December 19th on FlexTV, the world-leading short drama streaming platform operated by Mega Matrix Inc. (NYSE American: MPU). The series delves into the intricacies of power struggles within the White family, chronicling the protagonist’s journey of rebirth and empowerment to rewrite her destiny.

Audrey White, the legitimate daughter of the White family, was sent abroad at a young age due to family circumstances, gradually estranging her from her kin. When she finally returns home, eager to reunite with her family, she unexpectedly becomes the target of jealousy from Ruby White, the family’s adopted daughter. Harboring deep resentment, Ruby orchestrates a kidnapping plot, culminating in a devastating fire designed to test the loyalty and affection of the White family.

Left to perish in the flames, Audrey is abandoned by her family but heroically rescued by her uncle. Miraculously, she is granted a second chance at life, returning three years prior with the power to alter her fate. Determined to expose Ruby’s schemes, rebuild her family bonds, and claim her rightful respect and happiness, Audrey embarks on a journey of resilience and redemption.

FlexTV, operated by MPU, is a global leader in short drama streaming, delivering content in over 100 countries in multiple languages, including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. Known for its premium-quality dramas and unparalleled user experience, FlexTV has captured the hearts of audiences worldwide. The English version of Getting Even: The Secret Prodigy’s Playbook, now streaming on FlexTV, offers a compelling exploration of familial power dynamics, the complexities of human nature, and the protagonist’s growth and self-redemption in adversity. For more exciting content, please visit https://www.flextv.cc/.

#WealthyFamily #Revenge #Rebirth #ShortDrama #FlexTV #MPU

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

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SOURCE Mega Matrix Corp.

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