Press release
Real-Time Locating Systems Market 2022 Emerging Industry Trends and Dynamics with Prominent Players Profiled by MRFR | AiRISTA LLC., CenTrak Inc., Versus Technology Inc., Identec Group AG, Redpine Signals
Real-Time Locating Systems Market, By Components (Hardware, Software), By Application (Inventory, Asset TraScking Management), By Technology (RFID, Wi-Fi, UWB, GPS), By Industries (Retail, Banking, Manufacturing, Media & Entertainment, Healthcare) - Forecast 2018-2022Key Players
Market Research Future (MRFR) recognizes the following companies as the key players in the Real-Time location systems: Stanley Healthcare (U.S.), Zebra Technologies Corp. (U.S.), Ubisense Group PLC. (U.K.), IMPINJ, Inc. (U.S.), Savi Technology (U.S.), AiRISTA, LLC. (U.S.), CenTrak, Inc. (U.S.), Versus Technology, Inc. (U.S.), Identec Group AG (Liechtenstein), Redpine Signals, Inc. (U.S.) Some others players in this market are- Decawave Ltd. (Ireland), Awarepoint Corp. (U.S.), BeSpoon SAS. (France), among others
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Segments:
The Real-Time Locating Systems has been segmented on the basis of components, technology, application, and industry. The components includes- hardware and software. By technology the market has been segmented as - RFID, Wi-Fi, UWB, GPSamong others whereas the application includes- asset tracking, personal tracking, inventory tracking among others. On the basis of industries, the market includes- manufacturing, banking, healthcare, aerospace & defense, automotive, oil & gas among others.
For the purpose of this study, Market Research Future has segmented the Global Real-Time Locating Systems into technology, application and industries. Real-Time Location Systems is expected to grow at CAGR of ~28% between the years 2018 to 2022 and estimated to reach at market size of US ~$6 billion by end of year 2022.
Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:
RTLS market is projected to grow at a tremendous growth rate over the next few years due to increase in numbers of vendors and rising awareness about benefits of RTLS feature such as high accuracy, time, and tracking. RTLS plays an important role for the accurate tracking of things and personnel’s and identification whereas, factors such as high deployment cost is forcing the manufacturers for low cost technology such as bar code system.
Technologies such as RFID, Wi-Fi, Infrared use tags and badges to exchange the information and let the administrator know the exact location of the thing. One of the growing industries in the field of RTLS is healthcare where the devices plays very vital role while locating the personal staff or the important equipment’s. Aerospace and Defence industry is also expected to drive the market of RTLS as new technologies are being introduced to monitor the activities of the people as well as weapons.
While traditional technologies such as RFID, Bluetooth and Wi-Fi accounts for largest market share, new technologies are also coming into picture in the form of Zigbee and UWB which is likely to grow with faster pace.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Industry News
Zebra Technologies U.S has returned in-line to its own industry, with a Return on Equity (ROE) of 12.03%. The company had delivered 10.94% last year.
RBC Capital has raised its price target on Impinj Inc.to $16 from $14, as reported in May 2018.
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Regional Analysis
North America seems to have an upper hand in the Real-Time Locating Systems market. The U.S possess the largest share North America followed by Canada and Mexico. RTLS offers wide range of features, with companies such as Aston Martin Lagonda, BMW, Hewlett Packard, Airbus, Samsung Electronics and Boeing among others use the RTLS systems in their manufacturing process systems that help them track various tools. Europe prevails as the second largest market due to the proliferation of healthcare and BFSI industry. On the other hand, Asia-Pacific has transpired as the fastest growing market due to the growing economies of India and China along with high investment of government in the defense sector.
Intended Audience
• RTLS Service Providers
• Healthcare Institutions
• Software distributors
• Government
• Distributors and Traders
• RTLS End Users
TABLE OF CONTENTS
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure:
1.3.1 Global Real-Time Locating Systems Market: By Components
1.3.2 Global Real-Time Locating Systems Market: By Application
1.3.3 Global Real-Time Locating Systems Market: By Technology
1.3.4 Global Real-Time Locating Systems Market: By Industry
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
2.4.3 Market Crackdown & Data Triangulation
3 Market Dynamics
Continued…….
LIST OF TABLES
Table 1 Global Real-Time Locating Systems Market, By Components
Table 2 Global Real-Time Locating Systems Market, By Application
Table 3 Global Real-Time Locating Systems Market, By Technology
Table 4 Global Real-Time Locating Systems Market, By Industry
Table 5 Global Real-Time Locating Systems Market, By Regions
Continued…….
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LIST OF FIGURES
Figure 1 Research Type
Figure 2 Global Real-Time Locating Systems Market: By Components (%)
Figure 3 Global Real-Time Locating Systems Market: By Application (%)
Figure 4 Global Real-Time Locating Systems Market: By Technology
Figure 5 Global Real-Time Locating Systems Market: By Industry (%)
Continued…….
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members
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Email: sales@marketresearchfuture.com
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