Press release
Real-Time Locating Systems Market 2018 Global Key Players: Stanley Healthcare, Zebra Technologies, Ubisense Group, IMPINJ, Savi Technology, AiRISTA,
Market Scenario:Real-Time locating Systems are precise positioning systems that enable user to identify and track objects, people or animals by providing the information through automatic and continuous feedback. It is a fully automated Wi Fi based tracking systems which uses wireless technology such as ultra wideband, RFID, GPS and other to detect presence and location of things and people. RTLS market mainly focus on market trends, new technology, innovations, leading players and future strategies.
RTLS is widely used from defense to health sector as it helps in reducing the search time, misplacement of things, idle time thereby improving operational effectiveness and productivity.
Optimum utilization of resources thorough efficient asset tracking and management, location systems awareness, high industrial growth are the major factors which is driving the market of Real-Time locating systems whereas high cost and economic slowdown, systems incompatibility, lack of uniform standards are some of the restrains of the market.
The Real-Time Locating Systems Market is expected to reach at market size of ~$6 billion by the end of forecast period with CAGR of ~28% between 2016 and 2022.
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Key Players
The report also profiles the key players in the RTLS market. The prominent players profiled in this report are Stanley Healthcare (U.S.), Zebra Technologies Corp. (U.S.), Ubisense Group PLC. (U.K.), IMPINJ, Inc. (U.S.), Savi Technology (U.S.), AiRISTA, LLC (U.S.), CenTrak, Inc. (U.S.), Versus Technology, Inc. (U.S.), Identec Group AG (Liechtenstein), Redpine Signals, Inc. (U.S.), Decawave Ltd. (Ireland), Awarepoint Corp. (U.S.), BeSpoon SAS (France), among others
Segments:
The Real-Time Locating Systems has been segmented on the basis of components, technology, application, and industry. The components includes- hardware and software. By technology the market has been segmented as - RFID, Wi-Fi, UWB, GPS among others whereas the application includes- asset tracking, personal tracking, inventory tracking among others. On the basis of industries, the market includes- manufacturing, banking, healthcare, aerospace & defense, automotive, oil & gas among others.
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Intended Audience
• RTLS Service Providers
• Healthcare Institutions
• Software distributors
• Government
• Distributors and Traders
• RTLS End Users
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