Global Radio Frequency Identification (RFID) Market, By Product Type (Tags and Others), By Wafer Size (200mm and Others), By Working Type (Active RFID and Passive RFID), By Frequency (Low Frequency and Others), By Application (Commercial and Others), By Company and By Geography, Forecast & Opportunities, 2024
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGlobal Radio Frequency Identification (RFID) Market, By Product Type (Tags and Others), By Wafer Size (200mm and Others), By Working Type (Active RFID and Passive RFID), By Frequency (Low Frequency and Others), By Application (Commercial and Others), By Company and By Geography, Forecast & Opportunities, 2024
Global RFID market is anticipated to grow at an impressive CAGR of over 7% during the forecast period, due to the increasing installation of RFID in manufacturing units for improving productivity and increased usage of security & access control application. Based on the product type, the Global RFID market has been segmented into Tags, Reader and Software. RFID tags are expected to acquire the prominent share during the forecast period due to their applications in various industries.
Based on the working type, the Global RFID market is categorised into Active RFID and Passive RFID. Owing to the low cost, smaller size and longer lifetime of the passive tags, the demand for the passive tags is expected to increase in the forecast period.
Ultra-high Frequency segment is expected to dominate the market in the forecast period
Based on the frequency, the market has been segmented into Low Frequency, High Frequency, Ultra-high Frequency and Active Ultra-High Frequency. The demand for Ultra-high frequency segment is increasing due to its advantage of multiple tag reading. Geographically, the market has been segmented into Asia-Pacific, North America, South America, Middle East & Africa and Europe. North America region is anticipated to hold the largest share during the forecast period due to the large-scale use of RF tags in the retail and healthcare sectors.
Years considered for this report
Historical Years2014-2016
Base Year2017
Estimated Year2018
Forecast Period2019–2024
Objective of the Study
- To analyse and forecast the market size of Global RFID Market, in terms of value and volume.
- To classify and forecast Global RFID Market based on product type, wafer size, working type, frequency, application and regional distribution.
- To identify drivers and challenges for Global RFID Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global RFID Market.
- To conduct the pricing analysis for Global RFID Market.
- To identify and analyse the profile of leading players involved in the manufacturing of Global RFID.
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Some of the leading players in the Global RFID Market are Impinj, NXP Semiconductors, Alien Technology, Avery Dennison, Smatrac, Invengo, Checkpoint Systems, Mojix, GAO RFID, Nedap, etc.
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.
Market Insights Research calculated the market size of Global
- RFID Manufacturers
- Suppliers and Distributors
- End Users
- Market Research Firms
- Government Institutions
- Industry associations and experts
- Research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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