Press release
RFID Market Application, Business Opportunities, Trends, Key Players like Honeywell, HID, Impinj, IBM, Invengo, NXP and others - forecast 2026
RFID is an acronym for "radio frequency identification" and relates to a technique in which digital data embedded in RFID tags or smart tags is discovered by a viewer via radio waves. RFID is identical to barcoding in that the tag or label data is detected by a machine that stores the data in a database. However, RFID has several benefits over schemes that use barcode tracking software. Most remarkable is that the RFID tag data could be read outside of the field of view, while the barcodes should be connected with an optical scanner.Global RFID market is to register a healthy CAGR of 11.72% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market value can be attributed to deployment of RFID in production facilities, safety & authentication implementation and increase government policies.
With the wide ranging RFID market report it becomes easy to focus on the data and realities of the industry which keeps the business on the right path. An influential business report is prepared using data sourced from in-house databases, secondary and primary research performed by a team of industry experts. The market is also well analyzed on the basis of numerous regions. This report employs the SWOT analysis technique for the assessment of the development of the most remarkable market players.
Download Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Table & Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-rfid-market&utm_source=SagarK&utm_medium=SagarK&utm_campaign=SagarK
Major Market Competitors/Players
Few of the major competitors currently working in the global RFID Market are Honeywell International Inc, HID Global Corporation, Impinj, Inc, IBM Corporation, Invengo Technology Pte Ltd, NXP Semiconductors, Protrac iD, ACTATEK (UK) Ltd, Alien Technology, LLC, AVERY DENNISON CORPORATION, Brady Worldwide, Inc, BT, Checkpoint Systems, Inc, Confidex Ltd, Datalogic SpA, RFID, INC, Siemens, Smartrac NV, TagMaster amongst others.
Segmentation : Global RFID Market
By Products
Tags
Readers
Software
By Tags
Wafer Size
200mm
300mm
Others
Tag Type
Passive RFID
Active RFID
Frequency
Low Frequency
High Frequency
Ultra-High Frequency
Active Ultra-High Frequency
Application
Agriculture
Animal Tracking
Farm Automation
Food Traceability
Cold Chain
Others
Commercial Advertising
Industrial Material Management
IT Asset Tracking
Kiosk
Laundry
Jewelry Tracking
Others
Transportation
Car Clickers
Road Tolling
Automotive Ignition Systems
Intelligent Transportation System
Parking Management
Others
Healthcare
Laboratory Management
Patients Management
Waste Management
Drugs Management
Equipment Management
Other
Logistic and Supply Chain
Postal and Courier
Asset Tracking
Freight Tracking System
Container Tracking
Others
Aerospace
Baggage Tracking
Flyable Parts Tracking
Materials Management
Lifetime Traceability
MRO
Others
Defense
Border Security
Weapon Movement Tracking
Soldier Movement Tracking
Others
Retail
Apparel
Jewelry
Others
Security and Access Control
Access Control
Counterfeiting and Theft Control/Prevention
Passport
Others
Sports
Form Factor
Button
Card
Implants
Key Fob
Label
Paper Tickets
Wristband
Others
Screw
Tie Wrap
Boltable
Shackle
Cinch
Sling
Embeddable
Eyelet
Push
By Material
Plastic
Paper
Metal
Glass
Others
Rubber
Ceramic
Silicon
By End User
Industrial
Transportation
Retail
Consumer Package Goods
Healthcare
Education
Others
Geography
North America
Canada
Mexico
Europe
Germany
Italy
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Egypt
Israel
Rest of Middle East and Africa
Key Developments in the Market
In November 2018, PervasID declares the release of its new Multi-Ranger product. The company that previously this year provided $1.87 million for the Series Funding created the first 99% + accurate multi-functional RFID reader to address stock issues for retailers. In order for RFID technology to bring actual benefits to distributors, it must push revenues, offer enhanced operating effectiveness and boost income while needing small expenditure. The market share has increased subsequently with the launch of the latest product and increasing the product portfolio of the company.
In August 2018, Marchi Engenharia has announced the implementation of the latest brand of radio frequency identification tools under the brand name Via Onda. The M-ID40 module and antennas were the first instruments the company has constructed to enter the industry. The Via Onda reader is intended to monitor car and individual’s entry, stock handling, restaurant, and hospital design, crash safety of freight cars and pedestrian trampling, and inventory of products. This product launch has extended the company's brand range and boosted its market share.
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.databridgemarketresearch.com/toc/?dbmr=global-rfid-market&utm_source=SagarK&utm_medium=SagarK&utm_campaign=SagarK
Country Level Analysis
The countries covered in the RFID market report are U.S., Canada and Mexico in North America, Peru, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Kuwait, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
Major Highlights of RFID Market in Covid-19 pandemic covered in report:
The report provides impact of COVID-19 on RFID market along with its impact on overall industry and economy of world. Further, it adds changes in consumer buying behavior as it impacts majorly on market growth and sales. Distributors and traders on marketing strategy analysis focusing on region wise needs in covid-19 pandemic is also added in the RFID market report. The last segment of COVID-19 impact chapter include recovery and major changes opted by major players involved in RFID market.
Reasons to Purchase this Report:
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
Market value USD Million and volume Units Million data for each segment and sub-segment
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.
Browse Full Report @ https://www.databridgemarketresearch.com/reports/global-rfid-market?utm_source=SagarK&utm_medium=SagarK&utm_campaign=SagarK
Table of Content:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
PART 10: CUSTOMER LANDSCAPE
PART 11: MARKET SEGMENTATION BY END-USER
PART 12: REGIONAL LANDSCAPE
PART 13: DECISION FRAMEWORK
PART 14: DRIVERS AND CHALLENGES
PART 15: MARKET TRENDS
PART 16: COMPETITIVE LANDSCAPE
PART 17: COMPANY PROFILES
PART 18: APPENDIX
COVID-19 Impact on RFID Market @ https://www.databridgemarketresearch.com/covid-19-impact/global-rfid-market?utm_source=SagarK&utm_medium=SagarK&utm_campaign=SagarK
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