RFID Asset Tracking Market Research and Development with Growth Analysis from 2021 to 2027
Latest released, the research study on Global RFID Asset Tracking Market Research Report 2021, report comprises growth rate, size, analysis by type, market segment by Application, market competition by manufacturers, share by region, manufacturing cost analysis, Also, the RFID Asset Tracking Market offers market breakdown, competitive situation and trends, key raw materials analysis, dynamics, forecast by type, by application and revenue estimates with covid-19 impact till 2027.Get Free sample copy of the report Here:
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The RFID Asset Tracking Market is expected to register a CAGR of 17.5% over the forecast period 2021 – 2027.
The study covers competitive landscape of top manufacturers are: Honeywell, Datalogic, Zebra, Impinj, Fieg Electronics, Unitech, ThingMagic, TSL, Alien Technology, Mojix, AWID, Cipher Lab, Invengo Technology, Sense Technology, Chafon group, CSL, Chinareader
Recent Developments:
Honeywell International has acquired 81 companies, including 16 in the last 5 years. A total of 16 acquisitions came from private equity firms. It has also divested 8 assets.
Honeywell International’s largest acquisition to date was in 1999, when it acquired Honeywell for $13.8B. It’s largest disclosed sale occurred in 2016, when it sold Honeywell Technology Solutions to KBR for $300M. Honeywell International has acquired in 26 different US states, and 13 countries. The Company’s most targeted sectors include manufacturing (13%) and software (11%).
Global RFID Asset Tracking Market Segmentation:
Segmentation By Type:
LF RFID Equipment
HF RFID Equipment
UHF RFID Equipment
MW RFID Equipment
Segmentation By Application:
Retail
Automotive
Manufacturing
Others
Market Overview:
Given the high price of enterprise and industrial assets, especially fleet equipment, the need for monitoring and tracking these assets is paramount. Furthermore, in a bid to determine the total cost of ownership, managers across industries are finding the need for a centralized system that provides critical information, such as location, maintenance history, and contract (if any), for all assets, in real time. By using a combination of hardware software and network services, managers are being able to incur lower administrative costs and better accountability and cost savings. Moreover, with information on the asset condition, they are able to plan for maintenance and future growth, thus, resulting in overall efficiency.
Regional Analysis:
North America is Expected to Hold a Strong Market Share Over the Forecast Period
According to Cisco, over the next decade, the logistics industry, with the implementation of IoT, is likely to generate USD 1.9 trillion, as a result of unlocking higher levels of operational efficiency. This is considering the fact that IoT connects millions of shipments in real time.
With its strong manufacturing and transportation and logistics base, North America offers significant potential to asset management technology providers. Furthermore, the governments in the region contributed to increasing the need for asset management in the region. For instance, in the US transportation and logistics sector, the Federal Highway Association (FHWA), along with the American Association of State Highway and Transportation Officials (AASHTO) and state and local departments of transportation (DOTs), has been encouraging the application of asset management.
The RFID Asset Tracking Market research offers an in-depth analysis of market growth and other factors in key nations (regions), including:
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Report Link:
https://www.marketintelligencedata.com/reports/571192/global-rfid-asset-tracking-sales-market-report-2021?Mode=kalyani
Highlights of RFID Asset Tracking Market report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Buy Report Here:
https://www.marketintelligencedata.com/report/purchase/571192?mode=su?Mode=kalyani
Table of Contents:
Global RFID Asset Tracking Market Research Report 2021
Chapter 1 - Market Overview
Chapter 2 - Industry's Global Economic Impact
Chapter 3 - Manufacturers' Global Market Competition
Chapter 4 - Revenue (Value) by Region for Global Productions
Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import
Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type
Chapter 7- Global Market Analysis by Application
Chapter 8 - Manufacturing Cost Analysis
Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers
Chapter 10 - Marketing Strategy Analysis, Distributors/Traders
Chapter 11- Market Effect Factors Analysis
Chapter 12- Global RFID Asset Tracking Market Forecast
Customization:
The Global RFID Asset Tracking Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.
Impact of Covid-19:
The influence of COVID-19 on market growth is considered in the research. The effect of the COVID-19 epidemic on the RFID Asset Tracking Market and its major segments is enclosed in depth in this report. It also addresses the pandemic's present and future consequences, as well as a post-COVID-19 scenario to provide for a more in-depth knowledge of dynamic changes in the market.
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