Press release
Global RFID Reader Market Expected to Witness a Sustainable Growth over 2023
An RFID reader, also known as an interrogator, is a device that provides the connection between the tag data and the enterprise system software that needs the information. The reader communicates with tags that are within its field of operation, performing any number of tasks including simple continuous inventorying, filtering (searching for tags that meet certain criteria), writing (or encoding) to select tags, etc.The reader uses an attached antenna to capture data from tags. It then passes the data to a computer for processing. Just like RFID tags, there are many different sizes and types of RFID readers. Readers can be affixed in a stationary position in a store or factory, or integrated into a mobile device such as a portable, handheld scanner. Readers can also be embedded in electronic equipment or devices, and in vehicles.
LPI (LP Information)' newest research report, the "RFID Reader Industry Forecast" looks at past sales and reviews total world RFID Reader sales in 2022, providing a comprehensive analysis by region and market sector of projected RFID Reader sales for 2023 through 2029. With RFID Reader sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world RFID Reader industry.
This Insight Report provides a comprehensive analysis of the global RFID Reader landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on RFID Reader portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global RFID Reader market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for RFID Reader and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global RFID Reader.
The global RFID Reader market size is projected to grow from US$ 2575.7 million in 2022 to US$ 6956.2 million in 2029; it is expected to grow at a CAGR of 6956.2 from 2023 to 2029.
Global RFID Reader key players include Zebra, Honeywell, Datalogic, Impinj, Alien Technology, etc. Global top five manufacturers hold a share over 10%.
Asia-Pacific is the largest production area, with a share about 35%, followed by Americas and Europe, both have a share over 55 percent.
In terms of product, UHF RFID Reader Writers is the largest segment, with a share over 70%. And in terms of application, the largest application is Transportation & Logistics, followed by Manufacturing, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of RFID Reader market by product type, application, key manufacturers and key regions and countries.
Key Questions Addressed in this Report
What is the 10-year outlook for the global RFID Reader market?
What factors are driving RFID Reader market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do RFID Reader market opportunities vary by end market size?
How does RFID Reader break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Request Sample Report and Full Report TOC:
https://www.lpinformationdata.com/reports/454587/rfid-reader-2029
Strategic Points Covered in TOC:
Chapter 1: Scope of RFID Reader, Research Methodology, etc.
Chapter 2: Executive Summary, global RFID Reader market size (sales and revenue) and CAGR, RFID Reader market size by region, by type, by application, historical data from 2017 to 2023, and forecast to 2029.
Chapter 3: RFID Reader sales, revenue, average price, global market share, and industry ranking by company, 2017-2023
Chapter 4: Global RFID Reader sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global RFID Reader market size forecast by region, by country, by type, and application.
Chapter 13: the key raw materials and key suppliers, and industry chain of RFID Reader.
Chapter 14: Research Findings and Conclusion
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