Press release
The International RFID Reader Market to reach USD 2900.0 Million by 2023 | Top Key players Analsysis by - Honeywell, Datalogic, Zebra, Impinj
RFID Reader Market
Global RFID Reader Market overview:
The RFID Reader Market is expected to witness sustained growth over the forecast period (2019-2024). The growth of the RFID Reader market is driven as there is favourable growth in the industry is a major factor which will boost the global RFID Reader Market.
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with the slowdown in world economic growth, the RFID Reader industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, RFID Reader market size to maintain the average annual growth rate of 0.130926408998 from 800.0 million $ in 2014 to 1480.0 million $ in 2018, market analysts believe that in the next few years, RFID Reader market size will be further expanded, we expect that by 2023, The market size of the RFID Reader will reach 2900.0 million $.
The Global RFID Reader Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the RFID Reader Market is sub segmented into LF RFID Reader, HF RFID Reader, UHF RFID Reader, MW RFID Reader. Ultra-high frequency (UHF) RFID tags enable multiple tag reading that means user can read more RFID tags in one go, which is not supported by LF and HF. Multiple tag reading helps in reducing error, thus facilitating efficiency in automation. UHF RFID is currently the only type of RFID to be regulated by a single global standard. Based on End Use Industry segment, the RFID Reader Market is sub segmented into Animal Tracking/Agriculture, Commercial, Transportation, Healthcare, Logistics and Supply Chain, Aerospace, Defense, Retail, Security and Access Control, Sports.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The Americas is expected to hold the largest share of the RFID market during the forecast period. The players in the Americas region are emphasizing on research and development activities, to facilitate operational efficiency through advanced technologies. Furthermore, the adoption of RFID technologies and a significant number of established players in the market are driving the demand for RFID tags in the Americas.
Some of the major players that operate in the Global RFID Reader Market are Honeywell, Datalogic, Zebra, Impinj, Fieg Electronics, Unitech, ThingMagic, TSL, Alien Technology, Mojix, AWID, Cipher Lab, Invengo Technology, Sense Technology, Chafon group, CSL, Chinareader .
Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Table of Contents:
Global RFID Reader Market Report 2019
1 RFID Reader Definition
2 Global RFID Reader Market Major Player Share and Market Overview
3 Major Player RFID Reader Business Introduction
4 Global RFID Reader Market Segmentation (Region Level)
5 Global RFID Reader Market Segmentation (Product Type Level)
6 Global RFID Reader Market Segmentation (Industry Level)
7 Global RFID Reader Market Segmentation (Channel Level)
8 RFID Reader Market Forecast 2019-2023
9 RFID Reader Segmentation Type
10 RFID Reader Segmentation Industry
11 RFID Reader Cost Analysis
12 Conclusion
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