Chipless RFID Market is Estimated to Earn Revenues worth USD 3.94 billion while Expanding at a 28% CAGR in the Forecast period 2020-2025 | Alien Technology Corporation, IDTRONIC GmbH, Zebra Technologies

This Chipless RFID Industry report provides details of recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, strategic market growth analysis, and market size. The report also offers insightful and detailed information regarding the various key players operating in the global Chipless RFID market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global Chipless RFID market is segmented on the basis of component, application, and region.

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The Chipless RFID Market was valued at USD 0.89 billion in 2019 and is expected to reach USD 3.94 billion by 2025, at a CAGR of 28% over the forecast period 2020- 2025. Technological advancements have led to new approaches within the RFID technology like microprocessors with 5.8 GHz tags for smart cards and chipless IDs that enable contactless communication even in the absence of a silicon chip.

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.

Chipless RFID Market Segmentation:

Top leading Manufactures Profiled in Chipless RFID Market Report are:

Alien Technology Corporation, IDTRONIC GmbH, Zebra Technologies, Variuscard GmbH, Avery Dennison, NXP Semi Conductors

Market Research Study Focus on these Types:

Tags
Reader
Software

Market Research Study Focus on these Applications:
Retail
Supply Chain
Aviation
Healthcare
Smart cards
Public Transit
Others

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Chipless RFID Market Scenario:

Healthcare Sector to Contribute Significantly to the Market Growth

- For e-healthcare, chipless 2GRFID-Sys integrates diverse wireless networking technologies, such as wireless body area networks and wireless LANs which use body sensors for monitoring the medical conditions of a patient. This helps in diagnosis assistance and action handling.
- Furthermore, to keep a track on an ambulatory patient who might face a critical situation while travelling to a location outside his/her hometown, chipless 1G-RFID-Sys are being employed in the patients ID. These chipless 1G-RFID-Sys tags help to identify the emergence of the situation from the patients medical history.
- Moreover, due to the lack of vigilance and advocacy by healthcare providers, lack of legal protection and technology to identify genuine drugs, there is an increase in drug counterfeiting. As traditional RFID with barcode technology cannot prevent counterfeiting drugs, in many healthcare sectors the R&D department is putting efforts to produce chipless RFID devices, which are cheap and could be used to combat this universal burning issue of the healthcare industry.

Competitive Landscape:

The chipless RFID market consists of few major players operating in the market. The mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

- April 2019 - Alien Technology, announced the Higgs-9 IC, the first release of its next-generation of Higgs RFID semiconductor integrated circuits. Higgs-9 enables enterprise-critical applications to run faster, smarter and with quicker ROI in RFID deployments.

- April 2019 - Avery Dennison, in a partnership with Kit Check aimed for implementation of RFID technology for Big Pharma. This collaboration will help pharmaceutical companies to build into their medication labels, thereby enabling the tracking of each product from the point of manufacture until after it arrives at a hospital.

Table of Contents:

-Chipless RFID Market Overview

-Economic Impact on Industry

-Market Competition by Manufacturers

-Production, Revenue (Value) by Region

-Supply (Production), Consumption, Export, Import by Regions

-Production, Revenue (Value), Price Trend by Type

-Market Analysis by Application

-Manufacturing Cost Analysis

-Industrial Chain, Sourcing Strategy and Downstream Buyers

-Marketing Strategy Analysis, Distributors/Traders

-Market Effect Factors Analysis

-Chipless RFID Market Forecast

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report an invaluable resource for company executives, marketing executive, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

In conclusion, Chipless RFID market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function a profitable guide for all the Chipless RFID Industry business competitors.Our expert research analyst's team has been trained to provide in-depth market research report from every individual sector which will be helpful to understand the industry data in the most precise way.

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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