Press release
Global Automotive RFID Market to grow at a whopping rate of CAGR more than 14.52%
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COVID-19 Pandemic has begun striking businesses across multiple sectors and industries including manufacturing, food production, automotive, aerospace &defense companies, government agencies, pharmaceutical manufacturers, and producers of oil & gas products. The repercussions of this pandemic have caused numerous knock-on effects on several worldwide markets which include the Automotive RFID Market as well as many regional economies due to temporary closedown of manufacturing facilities. End-users of these products are also suffering from decreased demand for their goods because businesses are refraining from their long-term strategies in favor of short-term survival.
Key Players profiled in Automotive RFID Market report:
• Impinj
• NXP Semiconductors
• Avery Dennison Corporation
• Confidex Ltd.
• SMARTRAC N.V
• Alien Technology
• Nedap N.V.
• Zebra Technologies
• Invengo Technology Pte. Ltd
CAEN RFID
The study provides a detailed analysis of major players in the Automotive RFID market which includes manufacturers, suppliers, and organizations, among others. The competitor analysis includes revenue regeneration, business segment analysis, and geographic presence across each country, key strategies and developments, product portfolio, and SWOT Analysis.
Global Automotive RFID Market Segmentation:
• Based on Type
o Active RFID
o Passive RFID
• Based on Vehicles
o Passenger vehicles
o Commercial vehicles
• Based on Frequency
o Low frequency
o High frequency
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Global Automotive RFID Market Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific
• Rest of the World
o South America
o Middle East & Africa
North America holds a larger share in the market owing to the growing demand for advanced tracking systems from automobile OEMs and the increasing use of RFID in supply chain management.
IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario.
Crucial pointer covered in the report:
Automotive RFID Market Understanding: This section of our report outlines pertinent topics about the market that we have researched and the direction we see the industry heading. These include, but aren't limited to segments discussed, company descriptions, and key statistics regarding customer growth. This section provides a detailed analysis of the present and future growth factors of bifurcating the market into type, vehicles, frequency, and regions.
Automotive RFID Market Dynamics: This section provides a detailed analysis of the growth factors, restraining factors, and business opportunities. Additionally, the report provides a detailed COVID impact analysis affecting the market growth, along with a pinpoint focus on industry policies, regulatory framework, current issues impacting the market growth at the national/international level.
Automotive RFID Market Regional Outlook: The country section is a breakdown by country of how the production and consumption rates correspond to each other.
Automotive RFID Market Competitor Landscape: This section provides a comprehensive analysis of the market share and a deep-dive analysis of the top 10 players covered in the market report.
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