Press release
RFID Printers Market Growth to Remain Stable during the Projection Period 2017-2025
RFID printers can be used by warehouses and retailers as an inventory control system, where the RFID chip can contain information related to a wholesale package's contents or set off an alarm if a shoplifter attempts to sneak it past a scanner at the exit. These RFID printers are generally used for shipping, where basic shipping information can be printed upon the label itself and more detailed information regarding handling instructions, shipping history or other information can be stored upon the chip.
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RFID Printers Market: Drivers and Challenges
The major factor driving the adoption of RFID Printers is the increasing demand to manage inventory in a better way so as to reduce the risk of product wastage. Moreover the rising need for smart labels reduce human errors occurs in product labeling. The RFID printers market is increasing due to adoption of RFID tags solutions in retail as well as in other industries also such as healthcare, manufacturing, transportation and logistics, and other.
The key challenge for RFID Printers market is the high charges of these RFID printers due to specialized ink being used to print smart labels. These inks used in RFID printers are quite expensive so printing tags for large amount of product can be costly due to which operation cost can be increased. Moreover, Depending on the amount of labels will need at any given time, user may need to purchase multiple printers and a large amount of compatible readers and labels. Also maintenance tasks such as refilling the labels, clearing jams and replacing ink is needed to be done very carefully.
RFID Printers Market: Segmentation
Segmentation on the basis of Types:
RFID printers can be classified into desktop based and industrial based
Desktop RFID Printers
Industrial RFID Printers
Others
Segmentation on the basis of Application
RFID printer can be used in the various industries due to growing usage of RFID tags and smart labels in these mentioned industries
Retail & Consumer Goods
Manufacturing
Healthcare
Transportation & Logistics
Others
Competition Dashboard
Key Contracts:
In March 2015, Zebra technologies, a RFID solution provider has launched mobile based printer series for field-based applications. These RFID printers are portable, print-on-demand devices that combine a military-grade design with simple functionality for printing solutions for the transportation and logistics, manufacturing and government markets
Key Players
In RFID Printers market there are many solution providers some of them are Zebra technologies, Honeywell, SATO Holding corporation, Toshiba, Dascom and others.
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Regional Overview
Presently, North America and Europe is holding the largest market share for RFID Printers market due to presence of large RFID printer manufacturers and other solution market players in these region. Moreover the rising usage of RFID technology for tracking is increasing the market opportunity in these region.
Asia –Pacific is also increasingly adopting RFID Printers technologies with the entry of major & established players such as Honeywell and others.
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