openPR Logo
Press release

RFID Tags Market: Technological Advancements, Evolving Industry Trends and Insights

01-03-2018 10:57 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
RFID Tags Market: Technological Advancements, Evolving

Radio-frequency identification (RFID) technology has completely revolutionized the way companies do business. A type of wireless communication technology that uses radio waves to track and identify objects, RFID has minimized the pressure on several manual processes, enhanced the efficiency of operations, reduced costs, increased asset traceability and visibility, and improved reliability.

The U.S. has always been one of the early adopters of new and advanced technologies and RFID tags have found application in several operational processes across the U.S. industrial landscape. A rising number of end-use industries with the need for access management technologies and material identification management has greatly driven the adoption of RFID tags across the U.S. market.

Obtain Report Details @
https://www.transparencymarketresearch.com/rfid-tags-market.html

The report evaluates major market trends and opportunities and assesses their impact on the growth of the U.S. RFID tags market for the period 2017 to 2025. The key reasons for the expansion of this market and those hampering its growth have also been studied and the adoption of various types of RFID tags in different end-use industries are tracked in the report. Effective business strategies adopted by key players, business overview, SWOT analysis, and product offerings also form an integral part of the research report

U.S. RFID Tags Market: Trend and Opportunities

By way of type, the RFID tags market is bifurcated into active and passive tags. The passive tags segment accounts for a major share in the U.S. market and will also register strong growth in terms of revenue over the course of the forecast period. The active tags segment will also exhibit impressive growth through 2025, with key applications in surveillance and security for tracking pallets, containers, and large military assets.

Pre Book Report @
https://www.transparencymarketresearch.com/rfid-tags-market.html?secure=NTIxNS41&type=PB

The main product types include commercial tags, healthcare tags, and correctional tags. In 2016, commercial tags dominated the U.S. market. Healthcare tags are also projected to witness steady growth thanks to their usage in medical devices for tracking purposes. An increasing number of hospitals have been using RFID tags in order to streamline processes, manage threats to medical devices, and automate billing and reporting.

The prominent end-use industries of the RFID tags market include retail, healthcare, automotive, surveillance and security, logistics and transportation, wildlife, sports, IT, and livestock. The logistics and transportation industry is a major end user of RFID tags and the segment is slated to witness considerable growth during the forecast period. In this sector, RFID tags help improve transportation security and safety and enhance the efficiency of the transportation system.

Obtain Brochure Of Report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=23867

Companies mentioned in the report

Some of the prominent vendors in the RFID tags market in the U.S. are Invengo Information Technology Co., Ltd., AMS AG, NXP Semiconductors N.V., RF Code, Alien Technology, Confidex Ltd., HID USA Corporation, Impinj Inc., Atmel Corp, and Omni- ID Ltd. Most RFID tag makers are investing in the development of new and advanced solutions that can satisfy varying end-user requirements. They are also adopting a number of strategies such as mergers and acquisitions, product development, and investments in research and development to expand their market share and stay ahead of the competition.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release RFID Tags Market: Technological Advancements, Evolving Industry Trends and Insights here

News-ID: 882980 • Views:

More Releases from Transparency Market Research

Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn
Digital Health Market Estimated at US$ 1.1 Trillion by 2031, TMR Study
Digital Health Market Estimated at US$ 1.1 Trillion by 2031, TMR Study
In 2022, the worldwide 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐇𝐞𝐚𝐥𝐭𝐡 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 garnered a valuation of US$ 382.5 billion. Projections indicate a steady growth trajectory, with a compound annual growth rate (CAGR) of 13.1% anticipated from 2023 to 2031, ultimately culminating in a total valuation of US$ 1.1 trillion by the conclusion of 2031. Market analysts foresee a promising outlook characterized by the burgeoning prevalence of chronic diseases and the increasing adoption of smartphones and internet
Global Data Center Networking Market Set to Surge, Forecasted to Reach US$ 56.3 …
The Data Center Networking Market is poised for remarkable growth, driven by the burgeoning demand for cloud-native applications and the rapid adoption of data center virtualization and cloud computing. With an estimated value of US$20.6 billion in 2021, the market is projected to surge at a robust CAGR of 10.8% from 2022 to 2031, reaching a staggering US$56.3 billion by the end of 2031. Get Sample Copy of This Report at:

All 5 Releases


More Releases for RFID

RFID Readers Market Growth by 2027 | Fixed RFID Readers, Integrated RFID Readers …
Future Market Insights (FMI) has published a new research report titled “Radio Frequency Identification (RFID) Readers Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027).” The report states that the growing penetration of advanced technology along with increasing supply chain complexities are encouraging consumers to adopt RFID technology. Owing to this, players operating in the RFID readers market are incessantly upgrading their product portfolios in order to meet the demands
Global RFID Tag Chips Market by Type, HF RFID Chip, UHF RFID Chip, LF RFID Chip, …
This study report Global RFID Tag Chips Market, the analyst provides growth estimates, forecasts, and an in-depth analysis of all key factors at play in the Market. The report takes into account the micro and macro factors that are likely to impact the growth trajectory of the Market. The study further presents details on the investments initiated by several organizations, institutions, government, and non-government bodies. The report investigates and analyzes the
RFID Equipment Market - The Rising Application of RFID In Healthcare RFID Techno …
The applications of Radio Frequency Identification (RFID) have widened in the healthcare industry, ranging from tracking medical equipment, patient identification and blood transfer monitoring to tracking the path of medication from pharmacy to the patient. Due to this, the RFID equipment market has witnessed a high growth rate over the years. Providing clients with in-depth analysis and competitive intelligence, the research report evaluates the RFID equipment market and all
RFID Tag Chip Market: By Applications - HF RFID Tags, UHF RFID Tags, LF RFID Tag …
Latest industry research report on: Global and United States RFID Tag Chip Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Request For Sample Report @ https://www.marketresearchreports.biz/sample/sample/1227953 This report studies the RFID Tag Chip market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits
rfid clear tag for rfid inventory (gyrfidstore)
RFID Disc Tags are widely used for inventory tracking system or Automatic production systems. The RFID Disc Tag can also work on metal surface with anti-metal layer on it, also can be attached to goods surface by adhesive layer. There are abundant size options from 12mm to 50mm. GYRFID presents several types with different material and size to suitable customer’s application. DIP Series- PVC Disc Tag, PVC Laminated, thickness of 1.0-1.2mm DIT
windshield rfid tag for rfid solutions(gyrfidstore)
The strength of RFID label or RFID Stickers compared with other tags is the thinner thickness, various size, flexible and cost efficient. It can be sealed inside of goods or stick on the device surface with adhesive layer. The label is also optional with anti-metal layer to mount and working on metal surface. GYRFID Provides different types Stickers to meet the requirement for different applications such as NFC Payments,