Press release
RFID in APAC Market 2022 Business Scenario – Yodobashi Camera Co.,Ltd., Tsinghua Tongfang Co.,Ltd., CHILITAG Technology, Ceyon Technology
The RFID in APAC Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The RFID - Investment Opportunities in APAC Market is expected to register a CAGR of 18.8% over the forecast period (2021 - 2026).
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Top Leading Companies of RFID in APAC Market are Yodobashi Camera Co.,Ltd., Tsinghua Tongfang Co.,Ltd., CHILITAG Technology, Ceyon Technology, Jadaktech, EMW Co Ltd., Ripro Corporation, Perfect RFID, Rasilant Technologies and others.
Industry News and Updates
April 2019 - Alien Technology, announced the Higgs-9 IC, the first release of its next-generation of Higgs RFID semiconductor integrated circuits. Higgs-9 enables enterprise-critical applications to run faster, smarter and with quicker ROI in RFID deployments.
- April 2019 - Avery Dennison, in a partnership with Kit Check aimed for implementation of RFID technology for Big Pharma. This collaboration will help pharmaceutical companies to build into their medication labels, thereby enabling the tracking of each product from the point of manufacture until after it arrives at a hospital.
Key Market Trends
Application in Healthcare & Medical Share to Drive the Market Growth
- Asia-Pacific is expected to witness a significant growth rate over the forecast period owing to the investments in improving patient care. Owing to these initiatives, India's healthcare industry is one of the fastest growing sectors and it is expected to reach USD 280 billion by 2020. The country has also become one of the leading destinations for high-end diagnostic solutions with tremendous capital investment for advanced diagnostic facilities, thus catering to a greater proportion of the population.
- Moreover, the prevalence of hypertension (HTN) continues to increase in developing countries particularly in India and China. According to the Indian Council of Medical Research, hypertension is attributable to 10.8% of all deaths in India. This has resulted in increased investments in RFID to monitor heart rate and blood pressure.
Regional Outlook of RFID in APAC Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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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.
Analytical Tools: The RFID in APAC 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.
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.
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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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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