Press release
Chipless RFID Market 2022 Explosive Factors of Revenue by Industry Statistics, Size, Demands, Trends, Opportunity, Share and Forecast To 2026
The "Chipless RFID Market" provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the Market’s growth. The rise in the aviation sector is escalating the growth of the Chipless RFID Market. Increased adoption of superior technology consisting of synthetic intelligence and system learning, a developing quantity of records and growing utility of records answers through an extensive variety of ends person verticals consisting of banking, economic services, and insurance, authorities and public sector, telecommunications and IT, energy, healthcare and others are the foremost elements as a consequence of the increase of the market.The Global Chipless RFID Market Size is Projected to Reach at a CAGR of 28% during 2022-2026.
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Market Overview:
- The chipless RFID technology has emerged as a low‐cost alternative for chipped RFID system and has the potential to penetrate mass markets for low‐cost item tagging, considering the high cost of silicon chip RFID transponders compared to optical barcodes. Thus, problems of achieving low-cost chipped RFID are presented with the proposed solution of chipless RFID for lowering the price of the RFID tag.
- For instance, in August 2018, the UC San Diego Jacobs School of Engineering and the Center for Wireless Communications at UC San Diego announced their chipless ID technology that can reflect WiFi signals. The chipless RFID technology released by them is in the form of metal tags made from copper foil printed on thin, flexible substrates, like paper.
Key players in the global Chipless RFID Market covered:
Alien Technology Corporation, IDTRONIC GmbH, Zebra Technologies, Variuscard GmbH, Avery Dennison, NXP Semi Conductors,
Recent Development:
- April 2019: Alien Technology, announced 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.
Market Segmentation by Type:
Tags
Reader
Software
Market Segmentation by Application:
Retail
Supply Chain
Aviation
Healthcare
Smart Cards
Public Transit
Others
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Key Market Trends
Healthcare Sector to Contribute Significantly to the Market Growth
- For e-healthcare, chipless 2GRFID-Sys integrates diverse wireless networking technologies, such as wireless body area networks and wireless LANs, which use body sensors for monitoring the medical conditions of a patient. This helps in diagnosis assistance and action handling.
- Furthermore, to keep a track on an ambulatory patient who might face a critical situation while traveling to a location outside his/her hometown, chipless 1G-RFID-Sys are being employed in the patient’s ID. These chipless 1G-RFID-Sys tags help to identify the emergence of the situation from the patient’s medical history.
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Asia-Pacific Expected to Register the Fastest Growth
- In China, many companies are investing to revolutionize the retail industry in the country. For instance, in April 2018, Tencent showcased the working of Unmanned retail wherein if a consumer grabs a product from the shop and walks out of the store, the RFID chip will scan the item and send the bill to the customer’s WeChat application.
- In addition, Japan is also planning to introduce next-generation in-store experience through the introduction of RFIDs. For instance, in April 2017, Seven-Eleven Japan announced the introduction of next-generation self-checkout.
Table of Contents: Chipless RFID Market
- Chapter 1: outline of Chipless RFID marketplace
- Chapter 2: worldwide market reputation and forecast through areas
- Chapter 3: worldwide marketplace popularity and forecast by using types
- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise
- Chapter 5: marketplace riding issue evaluation
- Chapter 6: market opposition reputation by major producers
- Chapter 7: essential producers Presentation and market data
- Chapter 8: Upstream and Downstream marketplace investigation
- Chapter 9: Fetched and net part investigation
- Chapter 10: marketplace file end
- Chapter 11: research technique and Reference
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