openPR Logo
Press release

Chipless RFID Market 2019 Estimated to Rise Profitably with CAGR of 28.50% by 2023 | Worldwide Top Key Company’s - Alien Technology Corporation, Basf Se, Confidex, Inksure Technologies, Intermec, Kovio, Molex, Sato Vicinity

03-16-2019 04:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Prognosis

The chipless RFID market is expected to register a CAGR of 28.50 %, over the forecast period (2018 - 2023). The regions considered in the scope of the report include North America, Europe, Asia Pacific and Rest of the World.

Detailed Sample Copy of Updated Analysis @ marketprognosis.com/sample-request/17367
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

Chipless RFID (Radio Frequency Identification) is an emerging disruptive wireless technology for identification, tracking and sensing. A chipless RFID tag does not contain an application specific integrated circuit (ASIC), hence the reader does all signal processing to read the tag. Chipless RFID tags are low-cost passive microwave/millimeter wave circuits where the information is stored in printable resonators and delay lines and typically implemented in flexible substrates such as polymers and papers, like optical barcodes. The chipless RFID technology has emerged as a lowu2010cost alternative for chipped RFID system and has the potential to penetrate mass markets for lowu2010cost item tagging. Thus, problems of achieving low cost chipped RFID are presented with the proposed solution of chipless RFID for lowering the price of the RFID tag.

Key Developments in the Market
November 2017 - Alien Technology and SensThys, an Internet of Things (IoT) and RF antenna specialist launched a new highly networked RFID reader+antenna solution that offered industry-leading RFID tag visibility. The co-developed Alien Hydra and SensThys-SensArray solution enabled companies to better track, manage, and secure their tagged inventory while reducing their overall solution cost by as much as half of the previous cost.

The major players include –
ALIEN TECHNOLOGY CORPORATION, BASF SE, CONFIDEX LTD, IMPINJ CORPORATION, INKSURE TECHNOLOGIES INC., INTERMEC INC., KOVIO INC., MOLEX INC., SATO VICINITY, and ZEBRA TECHNOLOGIES CORPORATION, amongst others.

Request Discount on this report @ marketprognosis.com/discount-request/17367
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

Manufacturing Advantages of Chipless RFIDs to drive the Market Growth
As per the latest technology updates, chipless RFID tags have been developed and offered at the affordability level of customers, which is expected to result in higher growth. They are coupled with a simplified manufacturing technology and decrease in the manufacturing time. Moreover, chipless RFID tags are compatible with the existing infrastructure, which saves the additional cost of installing new systems. Manufacturers have reduced the price of chipless RFID tags. This trend is resulting in high growth of the chipless RFID market.

Healthcare Sector to Contribute Significantly to the Market Growth
The opportunities for RFID applications are high in the healthcare sector. RFIDs can be used in machinery or equipment as they help in the effective identification of a location and improve the use and efficiency of expensive and unique machinery or equipment. RFID tags can also be used on patients. Currently, many hospitals use barcodes to create unique IDs. This helps in maintaining a record of a patient's medical history. A startup, IntelligentM, offers a smart bracelet or band that tracks hand hygiene and records the frequency in which hospital healthcare workers wash their hands. It is used to reduce hospital-induced infections. The smart band gathers data and can be monitored by hospital heads.

North America is Expected to Dominate the Market
The players in the Americas region are emphasizing on R&D activities to facilitate operational efficiency through advanced technologies. Due to the rise in healthcare expenditure in the region, specifically in the United States, the RFID technology is expected to witness a rise in the adoption in the healthcare and medical sectors.
Additionally, some US based companies are adopting this technology to make their supply chain management effective and efficient and increase inventory visibility. Moreover, the US Department of Defense (DOD) and Food and Drugs Association (FDA) have encouraged the use of RFID technology for supply chain management and for tracking products. Wal-Mart is working with its suppliers to ensure that the RFID tags are placed on removable labels, not embedded in the clothing itself, in order to reduce consumers' fears of tracking. Additionally, the adoption of RFID technologies and a significant number of established players in the RFID market are driving the demand for RFID tags in the region.

Enquiry Before Buying@ marketprognosis.com/enquiry/17367
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMarkPvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Chipless RFID Market 2019 Estimated to Rise Profitably with CAGR of 28.50% by 2023 | Worldwide Top Key Company’s - Alien Technology Corporation, Basf Se, Confidex, Inksure Technologies, Intermec, Kovio, Molex, Sato Vicinity here

News-ID: 1658033 • Views: 1396

More Releases from Market Prognosis

Technological Advancement in Global Mobile Advertising Market Forecast to 2026 …
Global Mobile Advertising Market Report 2019 offers elaborated knowledge on the market parts like size, Key Regions, growth, trends, dominating firms, Major Manufactures. The Mobile Advertising report introduces market competition situation among the vendors, revenue, product & services, latest developments and business strategies. Overview of the Global Mobile Advertising Market: The Global Mobile Advertising Market is accounted for $30.98 Billion in 2017 and is expected to reach $214.75 Billion by 2026 growing
Mining Chemicals Market Analysis and Forecast Report 2019 - 2026 with Estimated …
Global Mining Chemicals Market research report 2019 - 2026 provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. Overview of the Global Mining Chemicals Market: The Global Mining Chemicals Market is accounted for $6.11 Billion in 2017 and is expected to reach $10.01 Billion by 2026 growing at a CAGR of 5.6%. Significant factors which are influencing the market
Implantable Biomaterials Market Covering Prime Factors and Competitive Outlook T …
This comprehensive Implantable Biomaterials Market research report 2019 – 2026 includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers. Overview of the Global Implantable Biomaterials Market: The Global Implantable Biomaterials Market is accounted for $96.11 Billion in 2017 and
Booming Growth in Global Semi-Trailer Market and Forecast to 2023 by Worldwide T …
The report covers a forecast and an analysis of the Semi-Trailer Market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2023 based on revenue and volume. Overview of the Global Semi-Trailer Market: The report spread across 89 pages is an overview of the Global Semi-Trailer Market - Analysis of Growth, Trends and Forecasts (2018 - 2023). These

All 7184 Releases


More Releases for RFID

rfid clear tag for rfid inventory (gyrfidstore)
RFID Disc Tags are widely used for inventory tracking system or Automatic production systems. The RFID Disc Tag can also work on metal surface with anti-metal layer on it, also can be attached to goods surface by adhesive layer. There are abundant size options from 12mm to 50mm. GYRFID presents several types with different material and size to suitable customer’s application. DIP Series- PVC Disc Tag, PVC Laminated, thickness of 1.0-1.2mm DIT
windshield rfid tag for rfid solutions(gyrfidstore)
The strength of RFID label or RFID Stickers compared with other tags is the thinner thickness, various size, flexible and cost efficient. It can be sealed inside of goods or stick on the device surface with adhesive layer. The label is also optional with anti-metal layer to mount and working on metal surface. GYRFID Provides different types Stickers to meet the requirement for different applications such as NFC Payments,
RFID Bracelet
RFID Bracelet 1.Housing ABS,Soft PVC 2.Chip:MiFare 1k,MiFare 4k,MiFare Ultralight 3.RFID Bracelet:ISO9001 4.15 years OEM RFID Bracelet: Waterproof silicone 125 KHz and 13.56 MHz Passive RFID bracelet. Perfect for short to medium range (Up to 60 cm) RFID applications such as around pools, waterparks, spas and other RFID access control applications where a waterproof bracelet is required. 1. Acid-proof 2. Alkali-proof 3. Constancy of properties over a wide temperature range leading to large operationg range 4.Excellent
RFID tags
RFID tag,rfid keyfob,rfid disc tag IC:EM4102,T5567,MF 1K,UHF Frequency:125KHZ,13.56MHZ,868MHZ Craft:logo printing,encoding RFID tag Frequency LF(Low Frequency): 125KHz HF(High Frequency): 13.56MHz RFID IC LF: Unique EM4100/4102, GK4001 HF: Mifare 1K,Mifare 4K, Mifare Ultralight, Mifare desfire I CODE SLI UHF Material PVC,ABS,Nylon Additional Craft
RFID keychain(EM4102)
RFID keychain with different chip embedded,with logo and number printing RFID keyfob is a transponder consisting of a chip and a coil-antenna in the robust ABS material. It has a hole for a key ring or chain. The key fobs is popularly for access control, time recording, operations (for example: cashless payment) and for the general identification for people. Key fobs are a good option to contactless cards. What we
RFID Wristband Tag
RFID Wristband, Mifare 1K RFID Wristband Tag with outstanding quality & excellent performance now is available at competitve Listing Description RFID bracelet,different colours and IC,EM4102,MF 1K,etc Detailed Description Reading distance:80mm Operating temperature -40 to 70 degree celsius Strong temperature -40 to 80 degree celsius Materials:ABS+PVC water-resistant:YES GK4001(125KHz 64 bits, R/O) EM4102(125KHz 64 bits, R/O) I CODE(13.56MHz 1024 bits,R/W) Mifare 1K(13.56MHz 1K byts,R/W) Hitag