RFID Market Size to Witness High Growth in Near Future – 2026 | Brady Worldwide, Inc, BT
RFID Market report then lists the leading competitors and provides the insights strategic industry analysis of the key factors influencing the market. The report includes the analysis and discussion of important industry trends, market size, market share estimates, profiles of the leading industry players, and forecasts. Few of the major competitors currently working in the global RFID Market are Honeywell International Inc, HID Global Corporation, Impinj, Inc, IBM Corporation, Invengo Technology Pte Ltd, NXP Semiconductors, Protrac iD, ACTATEK (UK) Ltd, Alien Technology, LLC, AVERY DENNISON CORPORATION, Brady Worldwide, Inc, BT, Checkpoint Systems, Inc, Confidex Ltd, Datalogic SpA, RFID, INC, Siemens, Smartrac NV, TagMaster amongst others.
Global RFID market is to register a healthy CAGR of 11.72% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017.
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RFID is an acronym for "radio frequency identification" and relates to a technique in which digital data embedded in RFID tags or smart tags is discovered by a viewer via radio waves. RFID is identical to barcoding in that the tag or label data is detected by a machine that stores the data in a database. However, RFID has several benefits over schemes that use barcode tracking software. Most remarkable is that the RFID tag data could be read outside of the field of view, while the barcodes should be connected with an optical scanner.
By Products (Tags, Readers, Software), Tags (Wafer Size, Tag type, Frequency, Application, Form Factor, Material), End User (Industrial, Transportation, Retail, Consumer Package Goods, Healthcare, Education, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Market Drivers:
Enhanced deployment of RFID in production facilities to increase productivity is contributing to the growth of the market
Enhanced using of safety & authentication implementation is boosting the growth of the market
Increase government policies is propelling the growth of the market
Heavy implementation of RFID technologies in the retail sector is driving the growth of the market
Market Restraints:
Elevated setup expenses for the RFID system is hindering the growth of the market
Compatibility of latest device with old device is restricting the growth of the market
MAJOR TOC OF THE REPORT
Chapter One: RFID Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global RFID Market Competition, by Players
Chapter Four: Global RFID Market Size by Regions
Chapter Five: North America RFID Revenue by Countries
Chapter Six: Europe RFID Revenue by Countries
Chapter Seven: Asia-Pacific RFID Revenue by Countries
Chapter Eight: South America RFID Revenue by Countries
Chapter Nine: Middle East and Africa Revenue RFID by Countries
Chapter Ten: Global RFID Market Segment by Type
Chapter Eleven: Global RFID Market Segment by Application
Global RFID Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of RFID Market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Regionally, this report categorizes the production, apparent consumption, export and import of global RFID market covering:
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Reasons for Buying this RFID Report
- RFID market report aids in understanding the crucial product segments and their perspective.
- Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the RFID industry.
- Even the RFID economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.
- This report provides a more rapid standpoint on various driving facets or controlling RFID promote advantage.
- This worldwide RFID report provides a pinpoint test for shifting dynamics that are competitive.
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