RFID Tags Market: Advanced Technologies & Growth Opportunities in Global Industry

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.

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.

Browse the Report @

https://www.transparencymarketresearch.com/rfid-tags-market.html

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.

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.

Request Sample @

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=23867

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.

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.

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.