Radio-Frequency Identification Market 2018 – By Analyzing the Performance of Various Competitors
Market Scenario:
Radio-Frequency Identification (RFID) are the radio waves that are utilized for reading and capturing the information that is stored on a tag attached to an object. These tags are used to store the product information electronically and also can be analyzed the object from distance. RFID can be used in manufacturing, logistics and warehousing, where keeping track of the inventory and assets is of prime importance as they found a significant improvement in the overall quality of data entry. It also facilitates to gather the location data with the help of RTLS to pinpoint an exact location and the identity of assets.
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The study indicates that the Radio-Frequency Identification (RFID) market is boosted by the uses of electromagnetic fields that automatically identify and track tags attached to objects. The tags contains the information that can collect the information digitally in the form of a serial number, price, or count. Also, with the help of these tags, the data can be easily recorded and recognized. Increasing use of RFID tags in supply chain management and in the healthcare sector anticipated to boost segmental revenue growth in the global RFID market
The global Radio-Frequency Identification (RFID) market is expected to grow at USD ~$31.8 Billion by 2023, at ~15.6% of CAGR between 2017 and 2023.
Key Players
The prominent players in the Radio-Frequency Identification (RFID) Market are: NXP Semiconductors N.V (Netherlands), Alien Technology (US), 3M Company (U.S), ACTAtek Technology (U.S), Axcess International, Inc. (U.S), : Impinj Inc. (US), Ascendent ID (U.S), ), Checkpointt System Inc. (U.S), and Avery Dennison Corporations (US), among others.
Segments:
The global Radio-Frequency Identification (RFID) market has been segmented on the basis of product type, wafer size, components, frequency, end users and region.
Radio-Frequency Identification (RFID) Market by Product Type:
- Tags
- Reader
- Software
- Others
Radio-Frequency Identification (RFID) Market by Wafer size:
- 200mm
- 300mm
- 450mm
- Others
Radio-Frequency Identification (RFID) Market by Components:
- Passive RFID
- Active RFID
- Others
Radio-Frequency Identification (RFID) Market by Frequency:
- Low Frequency
- High Frequency
- Ultra-high Frequency
- Active Ultra-High Frequency
Radio-Frequency Identification (RFID) Market by End- Users:
- BFSI
- Animal Tracking/Agriculture
- Commercial
- Transportation
- Healthcare
- Logistics and Supply Chain
- Aerospace
- Defense
- Retail
- Security and Access Control
- Sports
- Others
Regional Analysis:
The regional analysis of Radio-Frequency Identification (RFID) market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. Radio frequency identification provides solutions such as storage, simple management & monitoring, real-time backup recovery, data de-duplication, customer support and many others services that brings the attention to these application.
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). Asia-Pacific countries like China, Japan and India is projected to be the fastest growing region in the Radio-Frequency Identification (RFID) market due to the increasing size of high data generation in many countries.
Intended Audience
- Software investors
- Security solution vendors
- RFID service providers
- Value-added Resellers
- Distributers
- Investors and Venture Capitalist
- Security Management Service Provider
- Security Equipment Providers
- Security Agencies
- System Integrators
- Research/Consultancy firms
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LIST OF FIGURES
Figure 1 Research Methodology
Figure 2 Radio-Frequency Identification (Rfid) Market: By Product Type (%)
Figure 3 Radio-Frequency Identification (Rfid) Market: By Components (%)
Figure 4 Radio-Frequency Identification (Rfid) Market: By Wafer Size (%)
Figure 5 Radio-Frequency Identification (Rfid) Market: By End-User (%)
Figure 6 Radio-Frequency Identification (Rfid) Market: By Region (%)
Figure 7 North America Radio-Frequency Identification (Rfid) Market, By Product Type (%)
Figure 8 North America Radio-Frequency Identification (Rfid) Market, By Components (%)
Figure 9 North America Radio-Frequency Identification (Rfid) Market, By Wafer Size (%)
Figure 10 North America Radio-Frequency Identification (Rfid) Market, By End-User (%)
Figure 11 North America Radio-Frequency Identification (Rfid) Market, By Region (%)
Figure 12 Europe Radio-Frequency Identification (Rfid) Market, By Product Type (%)
Figure 13 Europe Radio-Frequency Identification (Rfid) Market, By Components (%)
Figure 14 Europe Radio-Frequency Identification (Rfid) Market, By Wafer Size (%)
Figure 15 Europe Radio-Frequency Identification (Rfid) Market, By End-User (%)
Figure 16 Europe Radio-Frequency Identification (Rfid) Market, By Region (%)
Figure 17 Asia-Pacific Radio-Frequency Identification (Rfid) Market, By Product Type (%)
Figure 18 Asia-Pacific Radio-Frequency Identification (Rfid) Market, By Components (%)
Continued…
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