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Coronavirus (Covid-19) Impact On Global RFID Reader Market 2019 : Alien Technology, Applied Wireless Identifications Group, Inc., Avery Dennison Corporation, CAEN RFID S.r.l.

05-14-2020 10:38 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Big Market Research

RFID Reader

RFID Reader

The RFID reader is a device used to gather information from an RFID tag, which is used to track an individual object. The radio-frequency waves are used to transfer data from the RFID tag to the reader. Most of the RFIDs are generally used to store information, which is used when interpreted through user. RFID is a technology similar to bar codes. However, the RFID tag does not have to be scanned directly, nor does it require line-of-sight to a reader. The RFID tags must be within the range of an RFID reader, that is 3 to 300 feet. The RFID reader contains RF module, which acts as transmitter and receiver of radio frequency signals. Factors such as efficiency in helping business to track inventory and equipment, robust security requirement and capable of reading info from greater distance act as major drivers for the RFID reader market globally. However, high manufacturing and maintenance cost of RFID readers and tags collisions act as a major barrier which hampers the market growth to a certain extent. Furthermore, increase in penetration of RFID sensors in various applications offers lucrative opportunities to the RFID reader globally.

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The market is segmented on the basis of product type, frequency band, industry verticals, and region. Based on product type, it is categorized into handheld RFID readers and fixed RFID readers. Based on frequency band, it is divided into low frequency, high frequency, and ultra-high frequency. The industry verticals segment is divided into transportation & logistics, healthcare, hospitality, food & beverages, retail, manufacturing, and government. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the global RFID reader market are Alien Technology, Applied Wireless Identifications Group, Inc., Avery Dennison Corporation, CAEN RFID S.r.l., Honeywell International Inc., Impinj, Inc., Invengo Technology Pte. Ltd., Motorola Solutions, Inc., Zebra Technologies Corp., and Unitech Electronics Co., LTD.

These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.

GLOBAL RFID READER MARKET SEGMENTATION
BY PRODUCT TYPE:
o Handheld RFID Reader
o Fixed RFID Reader

BY FREQUENCY BAND:
o Low Frequency
o High Frequency
o Ultra-High Frequency

BY INDUSTRY VERTICAL
o Transportation &Logistics
o Healthcare
o Hospitality
o Food & Beverage
o Retail
o Manufacturing
o Government

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Our analysis involves the study of the market taking into consideration the impact of the COVID-19 pandemic. Please get in touch with us to get your hands on an exhaustive coverage of the impact of the current situation on the market. Our expert team of analysts will provide as per report customized to your requirement. For more connect with us at help@bigmarketresearch.com or call toll free: +1-800-910-6452

Contact us:
Mr. Abhishek Paliwal
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OR 97220 United States
Direct: +1-971-202-1575
Toll Free: +1-800-910-6452
E-mail: help@bigmarketresearch.com

Our analysis involves the study of the market taking into consideration the impact of the COVID-19 pandemic. Please get in touch with us to get your hands on an exhaustive coverage of the impact of the current situation on the market. Our expert team of analysts will provide as per report customized to your requirement. For more connect with us at help@bigmarketresearch.com or call toll free: +1-800-910-6452

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