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Market Segmentation, Major Trends, and Competitive Overview of the Printed and Chipless Radio Frequency Identification (RFID) Market
Printed And Chipless Radio Frequency Identification (RFID) Market
Projected Size and Growth Trajectory of the Printed and Chipless RFID Market
The printed and chipless RFID market is expected to experience substantial growth, reaching a valuation of $22.7 billion by 2030. This surge represents a compound annual growth rate (CAGR) of 22.4%. Several factors are contributing to this expansion, including the increasing use of asset tracking within healthcare, a rise in contactless retail solutions, and the integration of these RFID technologies with IoT-enabled systems. Additionally, progress in organic and carbon-based inks, as well as broader adoption across aviation and transportation sectors, are significant growth drivers. Key trends anticipated during the forecast period include wider acceptance of printed and chipless RFID tags, development of flexible and environmentally friendly tags, mass production of cost-effective tags, incorporation into packaging and logistics, and the creation of advanced material-based RFID tags.
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Top Players Leading the Printed and Chipless RFID Industry
A variety of influential companies are shaping the printed and chipless RFID market landscape. Noteworthy market leaders include 3M Company, Molex LLC, Stora Enso Oyj, TOPPAN Holdings Inc., DAI Nippon Printing Co. Ltd., Avery Dennison Corporation, Zebra Technologies Corporation, Checkpoint Systems Inc., HID Global Corporation, Mühlbauer Holding AG & Co. KG, VTT Technical Research Centre of Finland Ltd., PragmatIC Semiconductor Ltd., Alien Technology Corporation, Tageos S.A., Thinfilm Electronics ASA, SATO Holdings Corporation, Vubiq Networks Inc., PolyIC GmbH & Co. KG, Smartrac Technology GmbH, Acreo Swedish ICT AB, and KSW Microtec AG.
Recent Strategic Moves Enhancing Capabilities in the Market
In April 2023, CCL Industries Inc., a Canadian firm specializing in packaging and label manufacturing, acquired US-based eAgile Inc. for $54 million. This acquisition aims to bolster CCL Industries' smart label and digital tracking solutions, enhance its portfolio with technology-driven offerings, and expand its reach within North America and international markets. eAgile Inc. is recognized for its expertise in digital labels, track-and-trace, and smart packaging solutions, making it a valuable addition to CCL's growth strategy.
View the full printed and chipless radio frequency identification (rfid) market report:
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Technological Innovations Driving Market Advancement
Leading firms in the printed and chipless RFID sector are focusing on cutting-edge technologies, such as laser-induced carbon-based conductive circuit technology, to improve tag performance and durability while lowering manufacturing expenses. This innovative approach utilizes lasers to convert materials into precise, flexible carbon circuits, removing the need for costly metal inks. As a result, it allows for more affordable and environmentally friendly production of printed RFID tags. For example, in June 2024, Pulpatronics Limited from the UK developed chipless, metal-free paper RFID tags using this laser-induced conductive circuit technology. By eliminating metals and silicon, these tags substantially reduce both production costs and environmental footprint. This advancement supports Pulpatronics' mission to create sustainable RFID options based on plant-derived materials, promoting recyclable and eco-friendly alternatives for inventory management.
Market Segmentation of Printed and Chipless RFID Technologies
The report categorizes the printed and chipless RFID market into distinct segments based on type, technology, and application:
1) By Type:
- Ink Stripes
- Radar Array
- Thin Film Transistor Circuit (TFTC)
- Surface Acoustic Wave (SAW)
- Other Types
2) By Technology:
- Time-Domain
- Frequency-Domain
- Magnetic-Based
- Acoustic-Based
- Other Technologies
3) By Application:
- Retail
- Transport and Logistics
- Aviation
- Healthcare
- Other Applications
Further breakdown includes subcategories such as:
- Ink Stripes: Conductive Ink-Based, Magnetic Ink, Carbon-Based
- Radar Array: Passive, Active, Ultra-Wideband (UWB)
- Thin Film Transistor Circuit: Organic TFTC, Amorphous Silicon TFTC, Oxide-Based TFTC
- Surface Acoustic Wave: Reflective Delay Line, Resonator-Based, Passive RFID Sensors
- Other Types: Photonic-Based RFID, Capacitive RFID Tags, Inductive Loop RFID Tags
This detailed segmentation helps in understanding the diverse technological and application-oriented facets shaping the printed and chipless RFID market's growth and innovation pathways.
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