RFID Tags Market Estimated to Flourish by 2027 - TOP Companies Alien Technology, Checkpoint Systems, GAO RFID, HID Global, Honeywell, Impinj, Invengo Technology Pte. Ltd, NXP Semiconductors, Zebra Technologies and Omni-ID
RFID(radio frequency identification) tags are an electronic tag used for tracking system which uses smart barcodes to identify items, it uses small radio frequency for identification of devices used to track and identify objects. These systems are used for tracking and management of goods, animals, and human.
The RFID Tags market is heavily influenced by driving factors such as increasing need for prevention of theft, growing need for tracking shipment in the real-time scenario, increase in demand for RFID tags from transport, logistic & aerospace industry and integration of big data platforms and IoT with RFID tags in various devices boosts the market growth. However, the high installation costs of RFID system and device Interoperability is impacting negatively on the growth of RFID tag market in the current market scenario.
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Top Leading Market Players:
1. Alien Technology
2. Checkpoint Systems
3. GAO RFID Inc.
4. HID Global Corporation
5. Honeywell International
6. Impinj, Inc
7. Invengo Technology Pte. Ltd
8. NXP Semiconductors
10. Zebra Technologies Corp.
The global RFID tags market is segmented on the basis of working type, frequency band, application and country. Based on working type the market is segmented as active RFID tags and passive RFID tags, the frequency band the market is segmented as low frequency, high frequency, ultra high frequency, microwave frequency. On the basis of the application the market is segmented as logistics and transportation, retail and consumer goods, automotive ,government, healthcare and medical, agriculture ,farming and livestock, aerospace and defense and others.
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global RFID Tags Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
The RFID Tags Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 18 countries across the mentioned regions.
The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
Key questions answered in the report include:
• What will the market size and the growth rate be in 2027?
• What are the key factors driving the global RFID Tags market?
• What are the key market trends impacting the growth of the RFID Tags market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
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What our report offers:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global RFID Tags Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the RFID Tags, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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