Press release
RFID Tags Market 2018-2023 | Global Market Expected to Rise through 2023 at 7.6% CAGR
Global RFID Tags Market Information by Types (Passive, Active and Semi-passive), by End-User (Manufacturing Sector, Pharmaceutical, Healthcare, Retail, and Others) and by Region - Forecast to 2022
Market Scenario :
Radio-frequency identification (RFID) uses electromagnetic field to identify & track tags attached to objects. The tags contain electronically stored information. This tag can be attached to or implanted in products, animals or even human beings. The major driving factors for the growth of RFID Tags market are the increasing concerns for efficient tracking of enterprise assets and the need for efficient management of logistics & supply chain. Additionally, the increasing adoption of RFID tags in healthcare sector is also contributing to the growth of the market. However, high cost of manufacturing & implementation of RFID system may hamper the growth of this market. RFID tags market is expected to grow at a CAGR of approximately 7% by 2022.
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Industry Overview:
Although applications of RFID have become more widespread in recent years, radio frequency identification is not a new technology. Public awareness of RFID was heightened in recent years when the U.S. Department of Defense (DoD) and retail giant Wal-Mart required their suppliers to use RFID technology. RFID technology has several applications that extend beyond the retail sector. RFID tags are embedded in passports for security and personal identification and in ID cards to control access to buildings. Tags are also used for electronic payment for transportation and other payment systems, such as credit cards and smart cards.
RFID Tags Market - Competitive Analysis
RFID Tags market appears to be competitive with the presence of several large and small players operating in the RFID Tags Market. These Key players compete based upon pricing, quality, Technology and reputation. RFID Tags market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. Manufacturers operating in the RFID Tags market strive to respond to the growing demand for RFID Tags. Moreover, manufacturers mainly ensure to deliver the best quality products based on innovative technologies, and best practices.
RFID Tags Market - Segments:
Global RFID Tags Market is segmented in to 6 Key dynamics for an easy grasp and enhanced understanding.
Segmentation by Product Type: Tags, Reader, Software
Segmentation by Wafer size: 200mm, 300mm, 450mm
Segmentation by Components: Passive RFID, Active RFID and Others
Segmentation by Frequency: Low Frequency, High Frequency, Ultra-high Frequency and Active Ultra-High Frequency
Segmentation by End- Users: BFSI, Animal Tracking/Agriculture, Commercial, Transportation, Healthcare, Logistics and Supply Chain, Aerospace, Defense, Retail, Security and Access Control, Sports and Others
Segmentation by Regions: Comprises regions - North America, Europe, APAC and Rest of the World.
RFID Tags Market - Regional Analysis
The regional analysis of Radio-Frequency Identification (RFID) tags market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. North America region accounts for the largest market share, followed by Europe and Asia Pacific region. The study reveals that Europe region is showing a rapid growth due to its storage and tracker solution by the Radio-Frequency Identification (RFID) tags. The market is expected to register substantial growth in the near future, attributed to increase in usage of security & access control applications, requirement of the accurate data unit, and growth in demand for effective store handling. However, factors such as high initial investment cost, damage of sensors, and device interoperability restrain the growth of the market.
Target Audience
• Manufactures Organizations
• Distributors & Suppliers
• Research Institute / Education Institute
• Potential Investors
• End-Use Sectors
Key Players
The key players of Global RFID tags Market report include Alien Technology (U.S.), Confidex Ltd (Finland), HID Global Corporation (U.S.), Honeywell international Inc. (U.S.), Omni-ID Ltd (U.S.), Impinj, Inc. (U.S.), Invengo Information Technology Co. Ltd (China), Smartrac N.V. (Netherlands), The Tag Factory (India), and Tageos (France).
The report for Global Automotive Fuel Injection market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Table Of Contents -
1 Executive Summary
2 Scope Of The Report
3 Market Landscape
4 Market Dynamics
5 Global RFID Tags Market, By Type
5.1 Introduction
5.2 Passive Tags
5.3 Active Tags
5.4 Semi-Passive Tags
6 Global RFID Tags Market, By Application
6.1 Introduction
6.2 Healthcare
6.3 Retail
6.4 Automotive
6.5 Logistics And Transportation
6.6 Others
7 Global RFID Tags Market, By Region
7.1 Introduction
7.2 North America
7.3 Europe
7.4 Asia Pacific
7.5 Middle East & Africa
8 Competitive Landscape
9 Company Profile
9.1 Alien Technology
9.2 Confidex Ltd
9.3 HID Global Corporation
9.4 Honeywell International Inc.
9.5 Omni-ID Ltd
9.6 Impinj, Inc.
9.7 Invengo Information Technology Co. Ltd
9.8 Smartrac N.V.
9.9 The Tag Factory
9.10 Atmel Corporation
9.11 NXP Semiconductors N.V.
9.12 RF Code Inc.
9.13 GAO RFID Inc.
9.14 CoreRFID Ltd
9.15 Tageos
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