Press release
Global Active RFID Battery Market Set to Hit USD 19.6 Billion by 2031, Says Transparency Market Research
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Analysts' Viewpoint
The surge in the deployment of IoT devices and the increasing use of active RFID tags in critical applications-ranging from supply chain management and healthcare to banking and industrial logistics-are significantly boosting the batteries for active RFID market. Manufacturers are focusing on innovations to develop batteries that deliver higher energy density, longer battery life, and advanced features such as rapid and wireless charging. As demand for efficient, reliable, and long-lasting power sources grows, key players are expanding their product portfolios and forming strategic partnerships to capture a larger share of this dynamic market.
Market Introduction
Batteries for active RFID tags power devices that require a continuous source of energy to transmit data wirelessly. These active RFID tags are essential for real-time tracking and monitoring of assets across various sectors. Typically, the batteries used in these tags are designed to offer long shelf life, low self-discharge, and high energy density, ensuring consistent performance even in the most demanding applications. They are available in multiple chemistries, including lithium-ion, lithium thionyl chloride, nickel-metal hydride, silver oxide, and zinc-carbon, catering to diverse needs across consumer electronics, industrial applications, and more.
Key Market Drivers
Increasing Adoption of IoT and Automation Technologies
Enhanced Supply Chain Visibility: Active RFID technology enables real-time tracking of inventory, improving operational efficiency and reducing losses.
Diverse Applications: Sectors such as automotive, healthcare, retail, and logistics increasingly rely on RFID systems to automate and streamline processes.
Growth in Consumer Electronics and Renewable Energy Storage
Portable Electronics: The rise in smart devices and wearable technology boosts demand for compact, reliable batteries.
Renewable Energy Integration: Batteries for active RFID are also used in backup and renewable energy storage solutions, adding to their market demand.
Technological Innovations and R&D
High Energy Density & Long Life: Ongoing R&D is focused on enhancing battery performance-achieving higher energy density, extended cycle life, and rapid charging capabilities.
Sustainability: Manufacturers are investing in environmentally friendly battery chemistries and recycling processes to mitigate the risks associated with toxic materials.
Regional Outlook
Asia Pacific is the most lucrative region, holding around 40.0% of the market share in 2022, driven by its advanced manufacturing hubs and rapid adoption of automation and IoT technologies.
North America and Europe also represent significant markets, bolstered by high penetration of consumer electronics and stringent environmental regulations, respectively.
Latin America and Middle East & Africa are emerging markets, poised for growth as investments in modern energy storage and RFID technologies increase.
Analysis of Key Players
The global batteries for active RFID market is highly fragmented, with numerous small and medium-sized companies competing alongside established enterprises. Leading companies are focusing on product innovation, capacity expansion, and strategic partnerships to enhance their competitive positioning.
Key players include:
Murata Manufacturing Co., Ltd.
Panasonic Corporation
Tadiran Batteries
VARTA Microbattery
Maxell Holdings, Ltd.
Duracell Inc.
Ultralife Corporation
Saft Groupe S.A.
Energizer Holdings, Inc.
GP Batteries International Limited
EVE Energy Co., Ltd.
Renata SA
Sony Corporation
Toshiba Corporation
Spectrum Brands, Inc.
XenoEnergy Co. Ltd.
Key Developments
May 18, 2022: Murata Manufacturing Co., Ltd. unveiled a compact RAIN RFID Tag at Pharmapack Europe, designed to enhance asset tracking in healthcare applications by providing distinctive identification and improved data transmission.
September 28, 2022: An Amendment 3 notification from MoRTH India introduced significant changes to RFID tagging requirements, reflecting efforts to streamline battery usage and improve charge management in active RFID systems.
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Market Segmentation
By Chemistry:
Lithium-ion
Lithium Thionyl Chloride
Nickel-metal Hydride
Silver Oxide
Zinc-carbon
Others
By Battery Type:
Coin Cell
AA
AAA
Others
By End-use:
Automotive
Medical
Building & Construction
Mining
Shipping & Logistics
Aerospace
Defense
Oil & Gas
Others
By Region:
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Future Outlook
The global batteries for active RFID market is poised to grow significantly as the adoption of IoT, automation, and renewable energy storage solutions increases worldwide. Ongoing advancements in battery chemistry and design are set to enhance performance, while strategic investments in R&D will further drive innovation in active RFID systems. As manufacturers continue to optimize battery technologies for real-time tracking and energy efficiency, the market is expected to expand its presence across diverse sectors, unlocking substantial opportunities in high-growth regions such as Asia Pacific.
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About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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