Printed and Chipless RFID Market Trends Analysis By Key Players: 3M, Alien Technology, Confidex Ltd., DNP Dainippon Printing Co., Ltd., IBM, Impinj, Siemens, TAGSYS RFID, Toppan Forms Co., Ltd., Xerox, Zebra Technologies

Printed and Chipless RFID Market growth will be driven by increasing need for efficient solutions and development in RF technology in information transfer. The aviation industry accounted for over 12.5% of the overall revenue in 2015. Companies operating in this space have started incorporating the technology into their product offering. It proves particularly useful for reducing the overall expenditure and increasing efficiency.

Printed and Chipless RFID Market in 2015 reached USD 2.2 billion, it is estimated to cross USD 16 billion by 2022 with over 26.5% CAGR. The growing significance in aviation & retail industry to make operation efficient will drive the demand for printed and chipless RFID market. Increased use of technology in applications such as stock, item administration, resource following in store networks, smart cards, pharmaceutical, in retail will stimulate the integration of this technology to replace traditional methods.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/490

Growth in the counterfeit items industry results in reduced profitability, which can be avoided by printed and chipless RFID market implementation across the sector. Along with product tracking and streamlined operation, technology adoption also contributes to improved brand image. A growing trend in the industry is increased popularity among small and midsized businesses (SMB).

RFID uses different frequencies such as low (LF), high (HF) and ultra high frequency (UHF) used as per the requirement in various areas spanning asset tracking, animal tracking smart card & access control operations.
Increasing applicability of radio-frequency technology in various distribution centres worldwide to upgrade client experience, enhance store execution, stock precision, improve on-rack accessibility, omni-channel retailing provides a large addressable market.

Positive technological landscape in key regional industries has resulted in high growth expectations on a global scale. These include collaborations for product innovation, such as photosensitive tags development. Considerable R&D investments will further intensify the impact of this trend. By application, retail sector acquired more than 28% of the total printed and chipless RFID market. Retail segment benefitted by this technology owing to benefits such as improved customers experience, monitoring of availability & inventory accuracy will further increase the adoption.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & analysis:

1. 3M
2. Alien Technology
3. Confidex Ltd.
4. DNP Dainippon Printing Co., Ltd.
5. IBM
6. Impinj
7. Siemens
8. TAGSYS RFID
9. Toppan Forms Co., Ltd.
10. Xerox
11. Zebra Technologies

• Global Printed and Chipless RFID Application Analysis (Revenue, USD Million, 2012 - 2023)
o Retail
o Transport & logistics
o Aviation
o Healthcare

• Global Printed and Chipless RFID Regional Analysis (Revenue, USD Million, 2012 - 2023)
o North America
o Europe
o Asia Pacific
o Latin America
o MEA

Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/490

The pharmaceutical segment is increasingly replacing chip-based tag with chip less tags owing to high unit costs, which is expected to positively affect the demand during forecast period. Radio-Frequency technology offers a few favourable circumstances to organizations for controlling inventory, for example, remote scanning of labels that have unique barcode for tracking items. Certain sorts of labels can be written again, which permits reading of a few labels at same time and empowers a whole heap of items to be inspected in the meantime.

North America is the largest consumer market among all the regions. U.S. is set to grow with over 25% CAGR during the forecast timeline. Early adoption of this technology in various application will spur the demand in this region. Asia Pacific market is characterized by increasing demand from medical institutions and government agencies to facilitate document management, and this trend will continue over the study period. The development of technology framework in nations such as India, Brazil, and China is expected to further increase the demand for printed and chipless RFID market.

The major players in this industry include 3M, Acreo AB, Alien Technology, Confidex Ltd., DNP Dainippon Printing Co., Ltd., IBM, Impinj, Intermec, Inc, PolyIC GmbH, Siemens, Smartrac N.V., Soligie Inc., Spectra Systems Corporation (Inksure Technologies Inc.), TAGSYS RFID, TCM RFID Pte Ltd, Thinfilm (Kovio Inc), Toppan Forms Co. Ltd, VTT, Vubiq Networks, Inc., Xerox, and Zebra Technologies.

Browse Full Reports: https://bit.ly/28MVgKB

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.