Radio Frequency Identification Market Global Market- Overview
Radio frequency identification, or RFID, is an advanced technology that comprises small tags which in purposes is to transfer the signals. This RFID devices are extensively used in retail sector which are used as remote scanners to detect the RFID tags deployed on individual products, allowing them to register a variety of information, including quantities of inventories and trace the product in various location. Considering, the technical aspects the RFID are categorized based on low frequency which transmit the signals 30KHz to 500KHz, high frequency (HF) which ranges from 3MHZ to 30MHZ, and ultra-high frequency which ranges 300 MHz to 960 MHz. These RFID are widely used in different industrial verticals such as healthcare, manufacturing, retail in supermarkets, and many more. However, with the advancement technology, the integration of RFID with IoT and GPS are expected to be a better prospects over the forecast period. On the flip side, the security and privacy concerns are major challenging factors for the RFID market over the forecast period.
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Radio-Frequency Identification (RFID) Market Segmentation
The Radio-Frequency Identification (RFID) Market has been segmented on the basis of product type, wafer size, components, frequency, end users and region. Looking through the end-user segment it has been observed that healthcare sector is showing a rapid growth of usage of the RFID technology as it is being used widely in this sector for the medicine tracking, medical reports and blood transfer tracking. Furthermore, defense and the government sector is expected to grow as real time intelligence and NFC are getting good overview in these sector
Key Players
The prominent players in the Radio Frequency Identification Market are: NXP Semiconductors N.V (Netherlands), Alien Technology (US), 3M Company (U.S), ACTAtek Technology (U.S), Axcess International, Inc. (U.S), : Impinj Inc. (US), Ascendent ID (U.S), ), Checkpointt System Inc. (U.S), and Avery Dennison Corporations (US), among others.
Radio Frequency Identification Market Global Market - Regional Analysis
North America is expected to dominate the global radio frequency identification market with the largest market share in the region. The U.S and Canada are the leading in the region. This is attributed to increased adoption of RFID tags in retail sector. Furthermore, Asia Pacific is anticipated to be the fastest growing region over the forecast period due to rapidly increasing healthcare sector and rising need for RFID solutions in medical equipment such as ECG monitors, syringe drivers and many more. China, India, and Japan are the leading countries in the region. Europe is also expected to gain a substantial growth over the forecast period due to advanced infrastructure in defense sector.
Intended Audience
- Software investors
- Security solution vendors
- RFID service providers
- Value-added Resellers
- Distributers
- Investors and Venture Capitalist
- Security Management Service Provider
- Security Equipment Providers
- Security Agencies
- System Integrators
- Research/Consultancy firms
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TABLE OF CONTENTS
LIST OF TABLES
TABLE 1 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE
TABLE 2 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS
TABLE 3 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE
TABLE 4 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END-USER
TABLE 5 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGIONS
TABLE 6 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE
TABLE 7 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS
TABLE 8 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE
TABLE 9 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END USER
TABLE 10 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGION
TABLE 11 U.S. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE
TABLE 12 U.S. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS
TABLE 13 U.S. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE
TABLE 14 U.S. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END-USER
TABLE 15 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE
TABLE 16 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS
TABLE 17 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE
TABLE 18 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END-USER
TABLE 19 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGION
TABLE 20 FRANCE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGION
TABLE 21 U.K. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE
TABLE 22 U.K. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS
TABLE 23 U.K. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE
Continued…
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Market HighlightsThe study reveals that Radio-Frequency Identification (RFID) is trending in North America region.
The Radio-Frequency Identification (RFID) Market is driven by the innovation and advancements RFID applications in medicine tracking, supply chain, people identification and tracking, equipment tracking, and medical report, samples and blood transfer tracking and it is cost effective as well.The study signifies that the adoption of RFID solutions has increased from larger customers such as Airbus, Boeing and the U.S. Department of Defense.
Aerospace companies are increasingly leveraging RFID technology to garner benefits such as improved supply chain visibility, asset management and utilization, work-in-process (WIP) tracking, improved maintenance tracking and efficient logistics and manufacturing operations.Whereas Real Time Location Systems (RTLS), sensor networks, and Internet of things (IoT) are also act as a key driver for Radio-Frequency Identification (RFID) market.
Looking through the end-user segment it has been observed that healthcare sector is showing a rapid growth of usage of the RFID technology as it is being used widely in this sector for the medicine tracking, medical reports and blood transfer tracking.
Furthermore, defense and the government sector is expected to grow as real time intelligence and NFC are getting good overview in these sectorGet PR Details @ https://www.marketresearchfuture.com/press-release/radio-frequency-identification-rfid-industryKey PlayersThe prominent players in the Radio-Frequency Identification (RFID) Market are: NXP Semiconductors N.V (Netherlands), Alien Technology (US), 3M Company (U.S), ACTAtek Technology (U.S), Axcess International, Inc. (U.S), : Impinj Inc. (US), Ascendent ID (U.S), ), Checkpointt System Inc. (U.S), and Avery Dennison Corporations (US), among others.Market Research Analysis: On geographic basis, Radio-Frequency Identification (RFID) Market is studied in different regions such as North America, Europe, Asia-Pacific and Rest of world.
RFID stores detailed information related to the product on which it is tagged.
Bharat Book Bureau Provides the Trending Market Research Report on “Radio-Frequency Identification (RFID) Market - Global Outlook and Forecast 2021-2027” under Consumers Goods Market Research Reports Category.
The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
This report contains market size and forecasts of Radio-Frequency Identification (RFID) in global, including the following market information:Global Radio-Frequency Identification (RFID) Market Revenue, 2016-2021, 2022-2027, ($ millions)Global Radio-Frequency Identification (RFID) Market Sales, 2016-2021, 2022-2027, (K Units)Global top five Radio-Frequency Identification (RFID) companies in 2020 (%)The global Radio-Frequency Identification (RFID) market was valued at 4134.9 million in 2020 and is projected to reach US$ 5530.8 million by 2027, at a CAGR of 7.5% during the forecast period.
Bharat Book Bureau has surveyed the Radio-Frequency Identification (RFID) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:Global Radio-Frequency Identification (RFID) Market, By Type, 2016-2021, 2022-2027 ($ Millions) & (K Units)Global Radio-Frequency Identification (RFID) Market Segment Percentages, By Type, 2020 (%)ReaderSoftwareOthers Global Radio-Frequency Identification (RFID) Market, By Application, 2016-2021, 2022-2027 ($ Millions) & (K Units)Global Radio-Frequency Identification (RFID) Market Segment Percentages, By Application, 2020 (%)BFSIAnimal Tracking/AgricultureCommercialTransportationHealthcareLogistics and Supply ChainAerospaceDefenseRetail Global Radio-Frequency Identification (RFID) Market, By Region and Country, 2016-2021, 2022-2027 ($ Millions) & (K Units)Global Radio-Frequency Identification (RFID) Market Segment Percentages, By Region and Country, 2020 (%)North AmericaUSCanadaMexicoEuropeGermanyFranceU.K.ItalyRussiaNordic CountriesBeneluxRest of EuropeAsiaChinaJapanSouth KoreaSoutheast AsiaIndiaRest of AsiaSouth AmericaBrazilArgentinaRest of South AmericaMiddle East & AfricaTurkeyIsraelSaudi ArabiaUAERest of Middle East & Africa Competitor AnalysisThe report also provides analysis of leading market participants including:Key companies Radio-Frequency Identification (RFID) revenues in global market, 2016-2021 (Estimated), ($ millions)Key companies Radio-Frequency Identification (RFID) revenues share in global market, 2020 (%)Key companies Radio-Frequency Identification (RFID) sales in global market, 2016-2021 (Estimated), (K Units)Key companies Radio-Frequency Identification (RFID) sales share in global market, 2020 (%)Further, the report presents profiles of competitors in the market, key players include:NXP Semiconductors N.V (Netherlands)Alien Technology (US)3M Company (U.S)ACTAtek Technology (U.S)Axcess International(U.S)Impinj Inc. (US)Ascendent ID (U.S)Checkpointt System Inc. (U.S)Avery Dennison Corporations (US) Browse our full report with Table of Content :https://www.bharatbook.com/report/1003074/radio-frequency-identification-rfid-market-global-outlook-and-forecastAbout Bharat Book Bureau:Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases.
Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors.Contact us at:Bharat Book BureauTel: +91 22 27810772 / 27810773Email: [email protected]: www.bharatbook.com
“Radio Frequency Identification” technologies - RFID, “Radio Frequency IDentification” - allow the identification, at a distance and by means of radio waves, of any object provided with an “RFID tag”.
This method of identification, which does not require contact between the labels and the reader, makes it possible to meet many needs.RFID technologies are therefore booming today, with applications already widespread.
and contributes to improving the traceability of products and goods.
In November 2005, the France Nature Environnement (FNE) association asked the Agency to assess the possible impacts of RFID technologies on the environment and human health, in particular with regard to the electromagnetic fields emitted by these systems.
A paragraph in the report nevertheless presents the position of the CNIL (National Commission for Informatics and Freedoms) on this subject, at the date of writing of the report.The Agency's work The collective expertise carried out by the Agency focused on: evaluation of the levels of electromagnetic fields generated by current RFID systems (collection of technical information, measurement campaigns), the search for data on the assessment of environmental impacts, assessment of human exposure (general and professional population), the referencing of any biological effects identified in the literature, assessment of health impacts.
The risks for the general population as well as for people exposed in the course of their professional activities were examined.To carry out its expertise, the Agency relied on a review of the international literature but also on the hearing of experts and industrialists working in the field of RFID: inventory of the characteristics and uses of RFID , regulations and dedicated standards, technologies used.
