Press release
Global RFID Printer Market Become Dominant At CAGR Of 4.91% Till Year 2021
Radio-frequency identification (RFID) technology uses the electromagnetic signature that accompanies the radio frequency in a specific spectrum to communicate information, which is mostly one way. This process is carried out by RFID printers, RFID microchips (RFID tags), RFID readers, and RFID middleware components. The RFID label printer/encoder is used to print labels that have information such as a unique ID or an electronic product code (EPC), and labels are marked with a barcode and human-readable text by the printers.
Technavios analysts forecast the global RFID printer market to grow at a CAGR of 4.91% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global RFID printer market for 2017-2021. To calculate the market size, the report considers the revenue generated by RFID printers.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavios report, Global RFID Printer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Avery Dennison
Honeywell International
Primera Technology
Printronix
SATO America
Zebra Technologies
Market driver
Increasing demand for better inventory management systems
For a full, detailed list, view our report
Market challenge
High cost of RFID solutions
For a full, detailed list, view our report
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Market trend
Rapid technological advances
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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