Global RFID printer market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 5.7% during forecast period.
Global RFID Printer Market
The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Market Definition
An RFID printer is stands for radio frequency identification printer. It is a printer which is used to create and encode the RFID smart labels. This printer contains RF encoder to transmit data or information through users system and then encodes it. RFID printers can also print the smart label itself by adding a graphics, barcode and other information which is required for the label.
Market Dynamics
The global RFID printer market is driven by major factors like growing technological advancement in the printing technology and surge in the demand of RFID printers in supply chain industry. The advancements in the radio frequency identification technology, development in e-commerce industry, necessity for enhancement in inventory management, demand of high accuracy printers to reduce human errors, opportunity to enhance revenue and productivity and growing adoption of RFID printers in retail, manufacturing, warehouse and logistics applications are expected to propel the growth of market during forecast period. Furthermore, RFID printers provides some major benefits such as security, speed, ease of use, improved efficiency, reduced labour cost and time savings, which are ultimately improving the growth of market.
However, high initial cost, inability to scan multiple items and emergence of alternate printing technologies could hamper the growth of market.
Global RFID Printer Market: Segmentation Analysis
By type, industrial RFID printers segment dominated the market in 2019 and is expected to keep its dominance at CAGR of XX% during forecast period. The growth is attributed to the rise in adoption of industrial RFID printers in the industrial manufacturing, warehouse, healthcare, and shipping. Industrial RFID printers are perfect for every type of jobs and particularly for industrial environments. They are widely used RFID printers, which can be connect to any computer system and is ideal for most work environments. Industrial RFID printers are basically used for personalizing and coding large quantities of RFID labels and are able to code all types of labels and sizes with greater flexibility. They offers some major benefits such as high performance, rugged durability, fast print speed, exceptional print quality, supreme reliability in challenging applications and long life, which are further propelling the growth of market.
By technology, thermal transfer segment held the largest market share in terms of revenue in 2019 and is projected to witness fast growth at CAGR of XX% during forecast period. Thermal transfer technology delivers long-lasting tags and labels with high-quality in many different colors. The surge in the adoption of thermal transfer technology in RFID printers to use in industries like entertainment and education for printing books, brochures, magazines, posters and cards is propelling the growth of market.
Global RFID Printer Market: Regional Analysis
Region wise, North America held the largest market share in 2019 and is expected to keep its dominance at CAGR of XX% during forecast period. The US and Canada are dominated the market. The growth is attributed to the massive presence of major RFID printer manufacturing companies which are are mainly focussed on providing low-priced products and improve them with the help of RFID printers. Increasing popularity of smart industries which are utilizing RFID solution in supply chain management process is further propelling the growth of market.
Growing need for effective and superior inventory management system which helps to track and predict the complete outflow of raw materials with stockpiling and other different procedures is driving the growth of market.
The objective of the report is to present a comprehensive analysis of the Global RFID Printer Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global RFID Printer Market dynamics, structure by analyzing the market segments and projects the Global RFID Printer Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global RFID Printer Market make the report investor’s guide.
The Scope of Global RFID Printer Market
Global RFID Printer Market, By Type
• Industrial Printers
• Desktop Printers
• Mobile Printers
Global RFID Printer Market, By Technology
• Thermal Transfer
• Direct Thermal
• Inkjet
Global RFID Printer Market, By Application
• Manufacturing
• Retail
• Transportation and Logistics
• Healthcare
• Government
• Entertainment
• Others
Global RFID Printer Market, By Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Global RFID Printer Market, Key Players
• Zebra Technologies Corporation
• SATO Holdings Corporation
• Honeywell International Inc
• Toshiba Tec Corp
• Avery Dennison Corporation
• Seiko Epson Corporation
• TSC Auto ID Technology Co
• Wasp Barcode Technologies
• Dascom
• Postek Electronics Co., Ltd
• Godex International Co. Ltd
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Market OverviewGlobal RFID Printer Market is expected to reach USD 5,804.9 Million by 2027 at a CAGR of 5.65% during the forecast period.
Market Research Future (MRFR), in its report, envelops segmentation and drivers to provide a better glimpse of the market in the coming years.RFID labels have become a standard for a number of applications across industries.
Competitive AnalysisThe Key Players of the Global RFID Printer Market are Zebra Technologies Corporation, Sato Holdings Corporation, Honeywell International Inc., Toshiba Corp., Avery Dennison Corporation, Seiko Epson Corporation, TSC Auto ID Technology Co., Ltd, Dascom, Postek Electronics Co., Ltd, GODEX International Co. Ltd., OKI Data Americas, Inc., PRINTRONIX AUTO ID, ID Technology, LLC, and Miles Data Technologies among others.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/4538In January 2020, Sato launched the CT4-LX smart mini label printer.
This segment takes into consideration the RFID printers that fall in the price range of USD 2,000 and below.
Thermal transfer is a digital printing technique wherein the ink material is applied to the tag by melting a portion of the ribbon.Direct thermal printing technology eliminates the need for ribbon, unlike thermal transfer printing.
The RFID tags printed with this technique are suitable for indoor applications but are not suitable for applications where the tag is exposed to external conditions.By Frequncy, the market has been segmented into Low Frequency (LF), High Frequency (HF), Ultra-High Frequency (UHF).
Market Overview: The global RFID printer market is highly competitive.
Various established international brands, domestic brands and as well as new entrants form a competitive landscape.
The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio.
The RFID Printer Market is highly competitive due to the presence of several large vendors.
The vendors or the manufacturers are continuously coming up with new ideas and technologies to gain competitive advantage over their competitors.The global RFID Printer market is expected to reach approximately USD 4.82 billion by the end of 2023 with 4.90% CAGR during forecast period 2017-2023.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/4538Key PlayersThe key players in the global RFID Printer market include- Zebra Technologies Corporation, SATO Holdings Corporation, Honeywell International Inc., Toshiba Tec Corp., Avery Dennison Corporation, Seiko Epson Corporation, TSC Auto ID Technology Co., Ltd, Wasp Barcode Technologies, Dascom, Postek Electronics Co., Ltd. and Godex International Co. Ltd. among others.RFID Printer Market – SegmentationFor the purpose of this study, Market Research Future has segmented the market of RFID Printer into product type, technology, end-users and region.By Printer TypeIndustrial PrintersDesktop PrintersMobile PrintersBy Printing TechnologyThermal TransferDirect ThermalInkjetBy ApplicationManufacturingRetailTransportation and LogisticsHealthcareGovernmentEntertainmentOthersBy RegionNorth AmericaEuropeAsia-PacificRest Of The WorldGlobal RFID Printer Market – Regional AnalysisThe global RFID printer market is expected to grow significantly over the forecast period, 2017-2023.
Technological advancement in consumer electronics such as TV, microwave, smartphones, fitness trackers are expected to expected to grow the market in past few years.The global RFID printer market segmented into four main regions such as North America, Asia-Pacific, Europe and Rest of the World.
Global RFID Printer Market by Manufacturers, Countries, Type and Application, Forecast to 2023 Report “ Provides In-Depth Analysis Of Parent Market Trends, Macro-Economic Indicators And Governing Factors Along With Market Attractiveness As Per Segments.Introduction:This report studies the RFID Printer market, the RFID Printer is a printing device used to write data to a RFID tag and also print any graphics, barcodes and text onto the label as well.Scope of the Global RFID Printer Market ReportThis report focuses on the RFID Printer in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.
This report categorizes the market based on manufacturers, regions, type and application.Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2163484 The worldwide market for RFID Printer is expected to grow at a CAGR of roughly 9.9% over the next five years, will reach 860 million US$ in 2023, from 530 million US$ in 2017, according to a new GIR (Global Info Research) study.The RFID Printer consumption volume was 177.61 K Units in 2016 and is expected to reach 196.62 K Units in 2017 and 329.22 K Units in 2022, growing at a CAGR of 10.86% from 2017 to 2022.
Europe`s sales volume accounted for the highest market share (34.64%) in 2016, followed by the North America.At present, the manufactures of RFID Printer are concentrated in North America, Europe, China and Japan.
North America is the largest production area in the world, which occupied about 42.78% in 2016.
The global leading players in this market are Zebra, Honeywell, SATO, Toshiba Tec, Printronix, Avery Dennison and Postek.Browse the Full Report @ http://orbisresearch.com/reports/index/global-rfid-printer-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023 This report covers Analysis of Global RFID Printer Market Segment by ManufacturersZebraHoneywellSATOToshiba TecPrintronixAvery DennisonPostekGlobal RFID Printer Market Segment by regional analysis covers North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.
) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Make an enquiry before buying this report @ http://www.orbisresearch.com/contacts/enquiry-before-buying/2163484 Global RFID Printer Market Segment by TypeDesktop RFID PrintersIndustrial RFID PrintersMobile RFID PrintersGlobal RFID Printer Market Segment by Applications, can be divided intoIndustrial ApplicationTransportation & LogisticsRetailHealthcareOthersSome of the Points cover in Global RFID Printer Market Research Report is:Chapter 1: Describe RFID Printer Industry Introduction,Product Scope,Market Overview,Market Opportunities,Market Risk,Market Driving ForceChapter 2: To analyze the top manufacturers of RFID Printer Industry in 2016 and 2017SalesRevenue and priceChapter 3: Competitive analysis among the top manufacturers in 2016 and 2017SalesRevenue and market shareChapter 4: Global RFID Printer Market by regions from 2013 to 2018SalesRevenue and market shareChapter 5, 6, 7 and 8: Global RFID Printer Market by key countries in these regionsSalesRevenue and market shareChapter 9 and 10: Global RFID Printer Market by type and application from 2013 to 2018SalesRevenue and market shareGrowth rateChapter 11:RFID Printer Industry Market forecast from 2018 to 2023RegionsType and application with sales and revenueChapter 12 and 13:RFID Printer Industry Sales channelDistributorsTraders and dealersAppendixData sourceAbout Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements.
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