Press release
RFID Printer Market is estimated to reach USD 4.82 billion by the end of 2023
The global RFID printer market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The RFID printer market is highly competitive due to the presence of several large vendors. The competition among the vendors will intensify due to the increase in product extensions and various above mentioned factors. The players in the RFID Printer market compete on the basis of the factors such as technology, features, design and compatibility. The vendors or the manufacturers are continuously coming up with new ideas and technologies to gain competitive advantage over their competitors.
RFID Printer are smart label printers consist of a labeling components embedded with a chip and antenna. This device is device used to write data to a RFID tag and also print any graphics, barcodes and text onto the label as well. UHF, HF, LF are all able to run through an RFID printer. These printers can print about 20 labels per minute depending on its print speed and label size.
The global RFID printer market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The RFID Printer market is highly competitive due to the presence of several large vendors.
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Major Key Players
Zebra Technologies Corporation,
SATO Holdings Corporation,
Honeywell International Inc.,
Toshiba Tec Corp.,
Avery Dennison Corporation,
Seiko Epson Corporation,
TSC Auto ID Technology Co., Ltd,
Wasp Barcode Technologies,
Dascom, Postek Electronics Co., Ltd.
Godex International Co. Ltd.
Furthermore, factors such as growing demand of smartphone and technology adoption are helps to grow the market at fast pace. However, high cost of the RFID printer is a factor that may hamper the growth of the overall market.
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List Of Tables
Table 1 RFID Printer Market, By Printer Type
Table 2 RFID Printer Market, By Printing Technology
Table 3 RFID Printer Market, By Application
Table 4 RFID Printer Market, By Application
Table 5 RFID Printer Market, By Geography
Continued….
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