Press release
Global Real-time Location System (RTLS) (Real Time Location Systems) market is expected to reach at a CAGR of 23.2% during 2019-2025
ResearchMoz include new market research report "Global Real-time Location System (RTLS) (Real Time Location Systems) Market Size, Status and Forecast 2019-2025" to its huge collection of research reports.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.
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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.
In 2018, the global Real-time Location System (RTLS) (Real Time Location Systems) market size was 1900 million US$ and it is expected to reach 10100 million US$ by the end of 2025, with a CAGR of 23.2% during 2019-2025.
This report focuses on the global Real-time Location System (RTLS) (Real Time Location Systems) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Real-time Location System (RTLS) (Real Time Location Systems) development in United States, Europe and China.
The key players covered in this study
Stanley Healthcare
Ekahau
Zebra Technologies
CenTrak
IBM
Intelleflex
Awarepoint Corporation
Versus Technology
TeleTracking
Ubisense Group
Savi Technology
Identec Solutions
AiRISTA
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Market segment by Type, the product can be split into
RFID
Wi-Fi
Ultrasound
Infrared
ZigBee
Ultra-Wide Band (UWB)
Others (GPS, Bluetooth & Combined)
Market segment by Application, split into
Healthcare
Transportation and Logistics
Industrial Manufacturing
Process Industries
Government and Defense
Retail
Education
About ResearchMoz
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