How Chipless RFID Technology Revolutionizing Retail, Healthcare, Logistics and Transportation, BFSI Sector

Allied Market Research published a new report, titled, "Chipless RFID Market by Product Type (Tag, and Reader), Frequency (Low frequency, High frequency, and Ultrahigh frequency), Application (Smart Cards, Smart Tickets, and Others), End User (Retail, Healthcare, Logistics and Transportation, BFSI, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027."

The latest study on the Global Chipless RFID Market covers a broad range of organizations from different regions. It offers extensive information based on market growths, competitions, and challenges confronted by the industry players. With this, the report also involves the major market strategies followed by the market players, key market determinants, and recent trends that helps the industry to expand furthermore. The report offers comprehensive data from 2014 to 2021 and forecasted data till 2027 along with product outline and other growth factors.

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Chipless RFID Market Competitive Analysis:

Leading market players profiled in the market report include Alien Technology, LLC., Applied Wireless, Inc., Avery Dennison Corporation, Checkpoint Systems, Inc., Honeywell International Inc., iDTRONIC GmbH, Impinj, Inc., Invengo Technology Pte. Ltd., NXP Semiconductors, and Zebra Technologies Corporation.

These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to reinforce their position in the industry.

Covid-19 Impact on the Global Chipless RFID Market:

Chipless RFID Market Research Report includes an outline of the industry based on major parameters including market size, sales, sales analysis and key drivers. The market size is expected to grow on a large scale during the forecast period (2021-2027). This report also offers the latest impacts of COVID-19 on the market. The outbreak of the pandemic has affected numerous aspects of life across the globe. This, in turn, has urged the markets to adopt new norms, trends, and strategies. Essentially, the research report intends to provide a view of initial and future assessments of the market.

Covid-19 scenario-

• The outbreak of the pandemic gave way to economic instability and dwindled business confidence. Apart from that, dearth of skilled workforce and distorted manufacturing activities impacted the market negatively, especially during the first phase of the lockdown.
• Several provinces across the world have again entered the lockdown phase, owing to the thrust by the second wave of the pandemic. This has affected the market growth yet again.

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Chipless RFID Market Segmentation:

The report provides segmentation of the global Chipless RFID Market. The major segments in the report are studied on the basis of product, type, end user, and regions. Along with this, it also involves the tables based on extensive analysis of sales, revenue, growth rate, and revenue share of each for the historic as well as forecast period.

Chipless RFID Market Regional Analysis:

The market is studied across different regions including North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). The report includes competitive scenarios in the regions. These insights help the market players to improve strategies and create new opportunities to accomplish exceptional results.

KEY BENEFITS FOR STAKEHOLDERS

• This study consists analytical representation of the present trends and forthcoming estimations of the Chipless RFID Market to exhibit the imminent investment pockets.
• The report offers overall potential to recognise the lucrative trends to achieve a stronger base in the Chipless RFID Market.
• The Chipless RFID Market analysis report provides statistics based on drivers, restrains, and opportunities along with a detailed impact analysis.
• The current market forecast is quantitatively examined from 2021 to 2027 to target the financial capability.
• Porter’s five forces analysis demonstrates the strength of the consumers and suppliers in the industry.

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KEY QUESTIONS ANSWERED IN THE REPORT:

Q1. At what CAGR will the Chipless RFID Market is anticipated to grow in between 2021 - 2027?
Q2. What will be the revenue of Global industry by the end of 2027?
Q3. How can I get sample report for Chipless RFID Market?
Q4. What are the driving factors of the global industry?
Q5. Who are the leading players in Chipless RFID Market?
Q6. How can I get company profiles of top ten players of Global Market?
Q7. What are the segments of Chipless RFID Market?
Q8. What are the key growth strategies of Chipless RFID Market Players?
Q9. By product, which segment is projected to manifest the highest CAGR during 2021 - 2027?
Q10. By Region, which segment dominated in 2020 and would maintain the lead over the forecast period?

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Porter’s five forces analysis
3.3.Patent analysis

3.3.1.Chipless RFID patent analysis, by region (2019-2020)
3.3.2.Chipless RFID patent analysis, by applicant

3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Increased efficiency offered by chipless RFID tags
3.4.1.2.Growing demand for chipless RFID in banking and healthcare sector
3.4.1.3.Low cost of manufacturing

3.4.2.Restraint

3.4.2.1.Risk associated with breach of confidential information

3.4.3.Opportunities

3.4.3.1.Growing shift of retailers toward chipless RFID products
3.4.3.2.Innovation of cloud-based system

3.5.COVID-19 impact analysis

3.5.1.COVID-19 outbreak
3.5.2.Impact on the market size
3.5.3.End user trends, preferences, and budget impact
3.5.4.Parent industry impact
3.5.5.Key player strategies to tackle negative impact

3.5.5.1.Limiting cuts to R&D expense
3.5.5.2.Focusing on next-generation products
3.5.5.3.Shifting toward agile supply chain model

Key Market Segments

By Product Type

• Tag
• Reader

By Frequency

• Low frequency
• High frequency
• Ultrahigh frequency

By Application

• Smart Cards
• Smart Tickets
• Others

By End User

• Retail
• Healthcare
• Logistics and Transportation
• BFSI
• Others

By Region

• North America

o U.S.
o Canada
o Mexico

• Europe

o UK
o Germany
o France
o Rest of Europe

• Asia-Pacific

o China
o Japan
o India
o Rest of Asia-Pacific

• LAMEA

o Latin America
o Middle East
o Africa

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