Press release
RFID Reader market Insights on Trends, Drivers and Opportunities by 2022 & key players Zebra Technologies, Impinj, Inc., Honeywell International Inc., Unitech Limited, Technology Solutions Ltd., Datalogic SpA
According to the research report, the RFID Reader market was valued USD XX.XX Million in 2017, and Expected to reach USD XX.XX million by the end of 2022 with a CAGR of xx.xx% during the forecast period 2016-2022.
RFID readers market Overview:
Radio Frequency incorporates electromagnetic technology fields into the radio frequency portion of the electromagnetic spectrum to identify an object, animal, device, or person. An RFID system has been developed with this technology and comprises three components: an RFID reader, RFID tags, middleware and RFID software.
Browse details of 120 numbers of pages research report developed on RFID readers market @ https://www.researchcosmos.com/reports/global-rfid-reader-market-analysis-top-5-leading-players-industry-forecast-to-2022/2942713
RFID readers market Drivers, Challenges and Opportunities:
The growing need for effective supply chain management, the growing demand for RFID systems in the transport and health sectors are driving the adoption of the RFID system in the marketplace. In addition, the growth of the retail sector and the integration of new technologies into RFID readers are driving the growth of the market. To digitize tag data, these readers must be set to frequency as a tag. Previously, each region was allocated a specific radio spectrum band, which resulted in a lack of standardization. To avoid these many areas, three frequency ranges have now been specified: low frequency (125 or 134 kHz), high frequency (13.56 MHz) and ultra high range (865 to 868 MHz). This standard frequency has led to the adoption of RFID technology.
RFID readers market Geographic Segmentation:
North America is expected to be the largest market for the RFID readers. Most of the vendors such as Motorola Solutions, Inc., Zebra Technologies, and Honeywell International Inc. are based in North America. This is attributed to the increase in digitization and industrialization in the region. The market is expected to grow in the European region due to the presence of suppliers such as Technology Solutions Ltd and Datalogic SpA in the region.
Ask Free Sample of the report @ https://www.researchcosmos.com/request/global-rfid-reader-market-analysis-top-5-leading-players-industry-forecast-to-2022/2942713
RFID readers market Key Market Players:
The key market players are Motorola Solutions, Inc., Zebra Technologies, Impinj, Inc., Honeywell International Inc., Unitech Limited, Technology Solutions Ltd., Datalogic SpA, IDeas RF, Inc., Applied Wireless Identifications Group, Inc. and Intermec.
RFID readers market Segmentation:
By Type
• LF RFID Reader
• HF RFID Reader
• UHF RFID Reader
• MW RFID Reader
By Application
• Government
• Transportation & Logistics
• Retail
• Automotive
• Manufacturing
• Others
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
For any queries, inquire more @ https://www.researchcosmos.com/inquire/global-rfid-reader-market-analysis-top-5-leading-players-industry-forecast-to-2022/2942713
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Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
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