Press release
Real-time Location System Market Outlook 2023 - Zebra Technologies, CenTrak, IBM, Intelleflex, Awarepoint Corporation, Versus Technology, Sonitor Technologies, Elpas, Axcess International, Essensium, GE Healthcare, TimeDomain & more
Real-time Location System
This report presents a comprehensive overview, market shares, and growth opportunities of Real-time Location System (RTLS) (Real Time Location Systems) Market by product type, application, key manufacturers and key regions. Over the next five years, Real-time Location System (RTLS) (Real Time Location Systems) market will register a 25.2% CAGR in terms of revenue, reach US$ 7340 million by 2023, from US$ 1900 million in 2017.
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Real-time location system (RTLS) is one of many techniques for detecting the current geographic location of a target, possibly from the vehicle to the manufacturing plant. The use of RTLS products for more and more industries, including supply chain management (SCM), health care, military, retail, entertainment and postal and courier services.
The top five companies in the RTLS market are Stanley Healthcare, Zebra Technologies, TeleTracking, Ubisense Group and IBM. These companies held a combined RTLS revenue market share of around 36% in 2016. Stanley Healthcare dominated with 11.98 percent revenue share, followed by Zebra Technologies with 7.63 percent revenue share and TeleTracking with 6.19 percent revenue share.
In terms of revenue generation, the healthcare market for Real-Time Location Systems contributes maximum market share and is estimated to be the major revenue pocket for the global RTLS market. However, the future potential market for real-time location-based solutions includes industrial manufacturing such as automotive manufacturing, aerospace manufacturing & others, and process industries such as mining and oil & gas. These two industry verticals are estimated to be the emerging markets with a promising future and tremendous growth rate over the forecasted period from 2017 to 2022.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Stanley Healthcare, Ekahau, Zebra Technologies, CenTrak, IBM, Intelleflex, Awarepoint Corporation, Versus Technology, TeleTracking, Ubisense Group, Savi Technology, Identec Solutions, AiRISTA, Sonitor Technologies, Elpas, Axcess International, Essensium, GE Healthcare, TimeDomain, BeSpoon, Intelligent Insites, Mojix, PINC Solutions, Plus Location Systems, Radianse, RF Technologies, ThingMagic, Locaris, SCHMIDT, KINGDOES.
Segmentation by product type:
RFID
Wi-Fi
Infrared
ZigBee
Ultra-Wide Band (UWB)
Others (GPS, Bluetooth & Combined)
Segmentation by application:
Healthcare
Transportation and Logistics
Industrial Manufacturing
Process Industries
Government and Defense
Retail
Education
Others
Research objectives:
To study and analyze the global Real-time Location System (RTLS) (Real Time Location Systems) market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Real-time Location System (RTLS) (Real Time Location Systems) market by identifying its various subsegments.
Focuses on the key global Real-time Location System (RTLS) (Real Time Location Systems) players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Real-time Location System (RTLS) (Real Time Location Systems) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Real-time Location System (RTLS) (Real Time Location Systems) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
More Report At: https://empowerednews.net/author/gminsights/
Related Report:
United States Real-Time Locating Systems (RTLS) Market Report 2018
In this report, the United States Real-Time Locating Systems (RTLS) market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
https://www.marketstudyreport.com/reports/united-states-real-time-locating-systems-rtls-market-report-2018/?utm_source=RR-PSR
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