RFID Transponders Market Latest Technology Advancements and Huge Business Opportunities 2021 to 2027: NXP Semiconductors, Murata Electronics, Texas Instruments, 3M, Siemens, STMicroelectronics, ON Semicondicutor

The report presents an in-depth assessment of the RFID Transponders Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for RFID Transponders from 2021 till 2027. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The Global RFID Transponders Market is expected to grow at a CAGR 10.5% during the forecast period (2021-2027).

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global RFID Transponders Market: Atmel, NXP Semiconductors, Murata Electronics, Texas Instruments, 3M, Maxim Integrated, Abracon, AMS, Microchip, Siemens, STMicroelectronics, ON Semicondicutor, Harting, Avery Dennison RFID, Panasonic Electronic Components, Syrma Technology and others.

Key Developments:

In September 2020, Avery Dennison introduced the AD-332u8 RAIN RFID inlay that excels in high density, close proximity conditions and can be used for inventory accuracy (item-level tagging) and supply chain management. AD-332u8 inlays are equipped with UCODE 8 chips from NXP, featuring 128 bits of EPC memory and a 96-bit Tag IDentifier (TID) with a 48-bit unique serial number factory-encoded into the TID. The new RAIN RFID inlay measures 70 x 14.5mm—the market’s smallest product that meets ARC category H specifications.

In September 2020, Avery Dennison launched its dual-technology AD-362r6-P inlay that combines item-level tracking and digital ID capabilities of a high-performance RAIN RFID (UHF) tag. This tag is suitable for a wide range of retail apparel products and applications with the secondary loss prevention functionality of an EAS tag. AD-362r6-P inlays are a unique dual-technology design incorporating a UHF RFID inlay and an electronic article surveillance (EAS) tag in a single die-cut label.

In June 2020, NXP Semiconductors launched the MIFARE DESFire EV3 IC that ushers next-generation performance, advanced security, and seamless integration of mobile services for a new era of security and connectivity in smart city services. The IC is backward-compatible and offers enhanced performance with a greater operating distance and improved transaction speed.

In May 2020, Smartrac partnered with SUKU (US), a blockchain startup, to introduce a digital verification solution to authenticate COVID-19 testing kits and personal protective equipment (PPE). The NFC-powered platform enables instant verification of authenticity and provides end-to-end supply chain transparency. By equipping COVID-19 test kits and PPE with Smartrac’s Circus NFC tags, the solution uses Avery Dennison’s Digital Identity Platform to feed tag data to SUKU’s blockchain-based supply chain application.

In March 2020, Avery Dennison announced the acquisition of Smartrac’s Transponder business for USD 276 Million (€225 million), subject to customary adjustments.

Global RFID Transponders Market Split by Product Type and Applications:

This report segments the global RFID Transponders market on the basis of Types are:

Network Services

Video

Government

Other

On the basis of Application, the Global RFID Transponders market is segmented into:

Passive RFID Transponders

Active RFID Transponders

Semi-active RFID Transponders

Regional Analysis For RFID Transponders Market:

North America (The 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, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Influence of the RFID Transponders Market Report:
-Comprehensive assessment of all opportunities and risks in the RFID Transponders market.
-The detailed study of business strategies for the growth of the RFID Transponders market-leading players.
-Conclusive study about the growth plot of the RFID Transponders market for forthcoming years.
-In-depth understanding of RFID Transponders market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the RFID Transponders market.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global RFID Transponders Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

The research includes historic data from 2015 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the RFID Transponders Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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