Market Overview 

Sheetfed scanners are digital imaging systems capable of scanning multi-page documents at one go, without the need for manually inserting every single page. The enhanced scanning speeds and less time consumption of sheetfed scanners make it an ideal device for commercial office environments. 

Market Dynamics  

The incremental growth in sheet scanning volumes of government and corporate organizations and the rising pace of digitalization in traditional federal offices and newly opened commercial workplaces are the primary factors driving the market growth. The rapid expansion of business activities and the trend of globalization in operations of federal and corporate establishments have led to a high output of sheets to be scanned. The rise in the number of sheets is complemented by the need to transfer documents in soft copy formats across continents, as commercial business activities and government administration initiatives continue to rely on timely delivery of scanned documents in a secure manner. The necessity to adopt and purchase high-speed sheetfed scanners has increased by many folds for such reasons, as efficiency in workflow operations and increased productivity have become the trademark of office excellence. The gradual shift towards digitalization efforts and translation of physical documents into digital entities for the longevity of storage has also dramatically improved the procurement efforts of sheetfed scanners, as traditional office establishments invest in newer technologies and adopt modern file storage methods. However, a high product pricing structure and spending on maintenance costs might hamper the market growth. The expensive cost structure of the sheetfed scanners might deter potential buyers from making final purchase decisions, as cost considerations in view of overall company spending might limit procurement orders for sheetfed scanners. The continued product development in terms of wireless interconnectivity and increased scanning speed would offer lucrative possibilities for the market in the coming years. Such portable, wireless sheetfed scanners have attracted attention from a global base of tech-savvy clients, providing crucial manufacturers with new opportunities for product sales and business expansion initiatives during the forecast period. 

Market Segmentation 

The global Sheetfed Scanner market is mainly classified based on Type and Application. Type is segmented into Portable, Desktop, and Others. By Application, the market is bifurcated into Home and Commercial.  

The Desktop segment by Type holds a substantial share in terms of overall market volume and value owing to the continued practice of purchasing and availing of multiple office sheetfed scanners catering to the scanning needs of employees and other office staff. 

In terms of volume, the Commercial segment by Application is poised to garner 2,692.0 K Units by 2026; growing at a CAGR of 4.7% during 2020-2026. The incremental growth in organizational needs for scanning a large number of documents at enhanced speed would propel the segment growth in the ensuing years, with enterprises keen to improve productivity levels and the pace of work being completed. 

Regional Analysis 

Based on geography, the global Sheetfed Scanner market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided into the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, Russia, and the Rest of Europe. Asia-Pacific is segmented into China, India, Japan, South Korea, and the Rest of Asia-Pacific. South America includes Brazil, Argentina, and the Rest of South America. At the same time, Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa. 

Asia-Pacific is a leading region and accounts for a significant portion of market share in terms of overall market value and volume. The establishment of many commercial organizations and the growing need for the procurement of sheetfed scanners to handle document scanning requirements would improve the growth prospects of the regional market in the coming years. 

Competitive landscape 

The Sheetfed Scanner market is moderately consolidated, as several global companies continue to operate with expansive product portfolios and extensive product distribution networks. The ability of such companies to continue to invest in the advancement of technological product innovation would strengthen their strong market positioning during the forecast period. 

Key players operating in the Sheetfed Scanner industry include Brother Industries, Ltd., Canon Inc., Seiko Epson Corporation, Fujitsu Limited, HP Inc., Panasonic Corporation, Visioneer, Inc., Eastman Kodak Company, Avision Inc., and Plustek Inc. 

The launch of new products post thorough technological innovation and diversification in business opportunities through the creation of strategic collaborations are the primarily followed business strategies of the top vendors seeking to account for a considerable market share over the forecast period.  

Covid-19 Impact Analysis 

The complete closure of office complexes to disallow the close gathering of employees in confined indoor spaces was one of the primary responses of central governments against the Covid-19 pandemic. The shutting down of all office complexes and workplace locations around the globe has reduced the need for the procurement of new sheetfed scanners. It has further diminished the potential of repetitive purchases or maintenance jobs for existing sheetfed scanners still languishing inside locked premises. The implementation of stringent regulations by countries closely monitoring the routes of international shipping & transportation against possible entry of infected individuals has also caused much delay in the procurement of raw materials for sheetfed scanners.  The hurdles in the fulfillment of pre-procurement orders owing to disruptions in distribution channels might further act as barriers to the market growth in these unprecedented times. However, the translation of conventional workplaces to remote locations and in-house offices might influence a new demand for mobile, smart connected sheetfed scanners for home office use. 

Sheetfed Scanner Market Key Segments: 

By Type 

• Portable 
• Desktop 
• Others 

By Application 

• Home 
• Commercial 

Key Global Sheetfed Scanner Industry Players 

• Brother Industries, Ltd. 

• Canon Inc. 
• Seiko Epson Corporation 
• Fujitsu Limited 
• HP Inc. 
• Panasonic Corporation 

• Visioneer, Inc. 
• Eastman Kodak Company 
• Avision Inc. 
• Plustek Inc. 

What Report Provides 

• Full in-depth analysis of the parent Industry 
• Important changes in market and its dynamics 
• Segmentation details of the market 
• Former, on-going, and projected market analysis in terms of volume and value 
• Assessment of niche industry developments 

• Market share analysis 
• Key strategies of major players 
• Emerging segments and regional growth potential