RFID Tags Market Growth Factors, Demand, Key Players: Honeywell, NXP Semiconductors, Impinj, HID Global, GAO RFID, Invengo, Nedap, Identiv, Tageos, CoreRFID Ltd., | By Form Factor (Card, Fobs, Label, Hard Tags), Region, And Segment Forecasts, 2021 – 202

Market Overview:
RFID Tags Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027– Rising growth of E-commerce system and online retail sale, increasing penetration of IOT and rising growth of logistics and transportation sector are the significant factors driving the growth of the Global RFID Tags Market.

RFID Tags Market is valued at USD 10.23 Billion in 2020 and expected to reach USD 19.68 Billion by 2027 with a CAGR of 9.8% over the forecast period.

Key Players of RFID Tags Market:
Some major key players for global RFID tags market report cover prominent players like Avery Dennison, Zebra Technologies, Honeywell, NXP Semiconductors, Impinj, HID Global, GAO RFID, Invengo, Nedap, Identiv, Tageos, CoreRFID Ltd., RF code lnc, Smartrac N. V., Omni-ID Ltd., HID Global Corporation, Confidex Ltd. and others.

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News: SML RFID Launched Cost-Effective RFID Tags
April 9th, 2021; SML RFID, launched a family of six tags, built on Impinj M700 series chips, set to reduce the size and cost for retailers while increasing performance. The product range includes the GB3, GB4, GB5, Maze, GB25, and GB18 models. These are full upgrade for all SML current major inlays. There are also additional tags that utilize the Impinj M700 series for closed-loop customizable inlays.

Scope of Radio-Frequency Identification (RFID) Tags Market Report:
RFID utilized the electromagnetic fields to automatically identify and track tags attached to objects. An RFID system consists of a small radio transponder, a radio receiver and transmitter. When triggered by an electromagnetic cross examination pulse from a close by RFID reader device, the tag transmits digital information, generally a recognizing stock number, back to the reader. There are two types of RFID tags which are; passive tags which are powered by energy from the RFID reader’s interrogating radio waves. And, active labels are fueled by a battery and consequently can be read at a more prominent range from the RFID reader, up to hundreds of meters. RFID tags are used in many industries like, in automobile industries during production can be used to track its progress through the assembly line, also in pharmaceuticals can be tracked through warehouses.

RFID tags are also used in food industry in active and intelligent packaging; the RFID microchips in livestock’s and pets can be implanted. These are used in shops to expedite checkout and to prevent theft by customers and employees. These can attached to physical money, clothing, possessions and can be implanted in animals, peoples. RFID tags offers advantages over manual systems. The labels can be read whenever passed close to a reader, regardless of whether it is covered by different items. The tag can be perused inside the container, box or different holders. In 1945 Leon Theremin created a listening device for the Soviet Union which retransmitted occurrence radio waves with added audio data.

The COVID 19 has shown a negative impact on the global RFID tags market due to the lockdown condition in disturbance in the supply chain, the demand for retail products is reduced. During COVID-19 pandemic, numerous organizations have faced a slowdown in tasks because of the lockdown and limitations on working standards from governments. The fall interest for costly retail items worldwide because of lockdown measures, alongside supply network interruptions, is relied upon to have hindered the development of the RFID market. However, utilizing RFID innovation with industrial automation arrangements, organizations can restore quicker than what was anticipated in the coming years.

RFID Tags Market Segmentation:
The global RFID tags market is divided into types, application, form factor, and region & country level. Based on types, the RFID tags market is divided into passive tags, active tags and semi-passive tags. Based on applications, the market is divided into automotive, logistics, healthcare, transportation, retail and others. Based on form factor, the market is divided into card, fobs, label and hard tags.

By Types:
Active Tags
Passive Tags
Semi- passive tags

By Applications:
Automotive
Logistics
Healthcare
Transportation
Retail
Others

By Form Factor:
Card
Fobs
Label
Hard Tags

The regions covered in global RFID tags market report are North America, Europe, Asia-Pacific, and Rest of the World. Based on country level, the market of RFID tags is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Frequently asked questions (FAQs) about the report

• Can the report be customized according to the requirements

Yes. The RFID Tags market report can be customized according to your needs. For instance, the company can be profiled you ask for while specific region/country analysis can be focused that meets your interests. You can talk to our research analyst about your exact requirements and UMR will accordingly tailor the required report.

• Can we narrow the available business segments

Yes, the market report can be further segmented on the basis of data availability and feasibility. We can provide a further breakdown in product types and applications (if applicable) by size, volume, or revenue. In the market segmentation part, the latest product developments and customer behavior insights are also included to give an in-depth analysis of the market.

• Does the report cover COVID-19 impact and future market projections

Yes. The market research report covers the detailed analysis of COVID-19 impact on the market. Our research team has been monitoring the market closely while it has been conducting interviews with the industry experts to get better insights on the present and future implications of the COVID-19 virus on the market.

The market report provides vital information on the strategies deployed by industry players during the COVID-19 crisis to maintain their position in the market. Along with this, it also shares crucial data on product developments due to the inevitable pandemic across the globe.

Table of Content:
1. Chapter - Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description

2. Chapter – Global RFID Tags Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global RFID Tags Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. RFID Tags Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis

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